Sol-Gel Technologies Ltd.
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 Sol-Gel Technologies Ltd. generated cash of -$17,730,000, which is less than the previous year. Cash used in financing activities reached the amount of $21,810,000 last year. Net change in cash is therefore -$5,735,000.
Cash Flow
| 2015 | -8.04M | -210K | 13.57M |
|---|---|---|---|
| 2016 | -18.49M | -391K | 20M |
| 2017 | -24.08M | -5.93M | 28M |
| 2018 | -23.46M | -54.73M | 78.81M |
| 2019 | -22.5M | 16.02M | 10.61M |
| 2020 | -25.24M | -2.69M | 26.45M |
| 2021 | -7.69M | 19.87M | 837K |
| 2022 | -9.48M | 1.69M | 15K |
| 2023 | -17.73M | -9.74M | 21.81M |
SLGL Cash Flow Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 13.59M | 21.23M | 8.27M | 9.76M | 5.67M | 5.02M | 7.00M | 5.89M | 594K |
Operating activities | |||||||||
Net income | -27.23M | -14.92M | 3.22M | -29.29M | -24.60M | -32.20M | -31.56M | -20.77M | -9.66M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||||
Depreciation and amortization | 342K | 562K | 880K | 946K | 887K | 762K | 471K | 359K | 300K |
Stock-based compensation expense | 1.85M | 1.52M | 687K | 1.21M | 2.55M | 0 | 3.97M | 952K | 1.12M |
| Deferred income tax benefit | 1.85M | 1.52M | 687K | 1.21M | 2.55M | 0 | 3.97M | 952K | 1.12M |
| Changes in operating assets and liabilities: | |||||||||
Accounts receivable, net | 7.54M | 12.60M | -10.91M | 1.96M | -4.12M | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | -7.12M | 219K | 1.69M | 0 | 0 | 0 | 0 |
Accounts payable | 1.46M | -8.3M | 5.62M | -542K | 938K | 3.02M | -2.48M | 2.50M | 449K |
Cash generated by operating activities | -17.73M | -9.48M | -7.69M | -25.24M | -22.5M | -23.46M | -24.08M | -18.49M | -8.04M |
Investing activities | |||||||||
Purchases Of Investments | -23.16M | -10.00M | -6.76M | -53.72M | -38.70M | -71.78M | -4.01M | -15K | -8K |
Investments In Property Plant And Equipment | -134K | -171K | -143K | -449K | -597K | -1.05M | -1.92M | -385K | -291K |
Acquisitions Net | 74K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -9.74M | 1.69M | 19.87M | -2.69M | 16.02M | -54.73M | -5.93M | -391K | -210K |
Financing activities | |||||||||
Common Stock Issued | 21.54M | 15K | 505K | 26.30M | 10.61M | 78.77M | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | 0 | 0 | 0 | 28M | 0 | 13.57M |
Cash used in financing activities | 21.81M | 15K | 837K | 26.45M | 10.61M | 78.81M | 28M | 20M | 13.57M |
Net Change In Cash | -5.73M | -7.63M | 12.96M | -1.49M | 4.08M | 651K | -1.97M | 1.10M | 5.30M |
Cash at end of period | 7.86M | 13.59M | 21.23M | 8.27M | 9.76M | 5.67M | 5.02M | 7.00M | 5.89M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source |