SKYX Platforms Corp.
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of SKYX Platforms Corp. generated cash of -$12,998,073, which is more than the previous year. Cash used in financing activities reached the amount of $22,726,632 last year. Net change in cash is therefore $12,968,656.
Cash Flow
| 2013 | -685.72K | -6.01K | 1.82M |
|---|---|---|---|
| 2014 | -1.80M | -168.54K | 2.07M |
| 2015 | -3.76M | -59.47K | 3.03M |
| 2016 | -6.16M | -43.69K | 9.88M |
| 2017 | -4.34M | -241.65K | 5.34M |
| 2019 | -6.18M | -232.56K | 3.41M |
| 2020 | -3.12M | -109.87K | 3.67M |
| 2021 | -4.62M | -179.20K | 12.92M |
| 2022 | -13.83M | -8.05M | 20.93M |
| 2023 | -12.99M | 3.24M | 22.72M |
SKYX Cash Flow Statement (2013 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 9.46M | 10.42M | 2.30M | 1.87M | 4.87M | 4.12M | 450.86K | 1.24M | 1.13M | 736 |
Operating activities | ||||||||||
Net income | -39.73M | -27.03M | -5.73M | -9.24M | -16.75M | -26.71M | -98.44M | -26.89M | -6.80M | -2.60M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 4.25M | 883.23K | 84.28K | 106.30K | 107.24K | 2.49M | 2.48M | 2.46M | 2.45M | 2.71K |
Stock-based compensation expense | 17.97M | 13.95M | 1.46M | 5.06M | 8.39M | 2.00M | 0 | 173.68K | 0 | 0 |
| Deferred income tax benefit | 17.97M | 13.95M | 1.46M | 5.06M | 8.39M | 2.00M | 0 | 173.68K | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -863.21K | 0 | 1.42K | 417.99K | 223.11K | -253.14K | -562.51K | -234.30K | 0 | 0 |
Inventories | 283.91K | -1.00M | 122.56K | 325.35K | 954.04K | 48.47K | -2.13M | -263.87K | 0 | 0 |
Accounts payable | 4.23M | 920.48K | -58.65K | 158.46K | 93.94K | 283.79K | 246.90K | -233.94K | 0 | 0 |
Cash generated by operating activities | -12.99M | -13.83M | -4.62M | -3.12M | -6.18M | -4.34M | -6.16M | -3.76M | -1.80M | -685.72K |
Investing activities | ||||||||||
Purchases Of Investments | -136.03K | -7.43M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 10.19K | -620.31K | -179.20K | -109.87K | -232.56K | -241.65K | -43.69K | -59.47K | -168.54K | -6.01K |
Acquisitions Net | -4.20M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 3.24M | -8.05M | -179.20K | -109.87K | -232.56K | -241.65K | -43.69K | -59.47K | -168.54K | -6.01K |
Financing activities | ||||||||||
Common Stock Issued | 9.28M | 23.1M | 13.03M | 100.00K | 4.08M | 5.36M | 7.76M | 3.13M | 1K | 0 |
Payments for dividends | 0 | -38.05K | -129.45K | -130.20K | -130.20K | -149.73K | -30.96K | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | -1.67M | -3.54M | 0 | 5.79M | 0 | 0 | 0 |
Repayments of term debt | 13.43M | -446.03K | -343.83K | -1.67M | -537.66K | 127.39K | -6.90M | -103.35K | -124.21K | -151.87K |
Cash used in financing activities | 22.72M | 20.93M | 12.92M | 3.67M | 3.41M | 5.34M | 9.88M | 3.03M | 2.07M | 1.82M |
Net Change In Cash | 12.96M | -964.65K | 8.11M | 435.13K | -3.00M | 751.83K | 3.67M | -790.62K | 108.51K | 1.13M |
Cash at end of period | 22.43M | 9.46M | 10.42M | 2.30M | 1.87M | 4.87M | 4.12M | 450.86K | 1.24M | 1.13M |
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