Southern Empire Resources 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 Southern Empire Resources Corp. generated cash of -$519,824, which is more than the previous year. Cash used in financing activities reached the amount of $0 last year. Net change in cash is therefore $4,946.
Cash Flow
| 2017 | -22 | 0 | 145.00K |
|---|---|---|---|
| 2018 | -69.84K | 0 | 223.80K |
| 2019 | -124.32K | 0 | 216.20K |
| 2020 | -1.52M | -1.83M | 6.63M |
| 2021 | -785.37K | -2.85M | 0 |
| 2022 | -842.67K | -384.23K | 1.24M |
| 2023 | -519.82K | 524.77K | 0 |
SMP.V Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 43.60K | 29.32K | 3.66M | 390.81K | 298.93K | 144.97K | 0 |
Operating activities | |||||||
Net income | -3.97M | -709.30K | -1.61M | 156.64K | -122.79K | -76.39K | -5.96K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 4.31K | 6.16K | 8.80K | 4.19K | 0 | 0 | 0 |
Stock-based compensation expense | 117.61K | 70.87K | 181.29K | 936.14K | 0 | 0 | 0 |
| Deferred income tax benefit | 117.61K | 70.87K | 181.29K | 936.14K | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | -35.00K | 2.35K | 226.65K | -297.90K | -24 | 0 | -22 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -519.82K | -842.67K | -785.37K | -1.52M | -124.32K | -69.84K | -22 |
Investing activities | |||||||
Purchases Of Investments | 0 | 0 | -1.35M | -25.3K | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -1.28M | -1.73M | -1.75M | -1.72M | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 1.09K | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 524.77K | -384.23K | -2.85M | -1.83M | 0 | 0 | 0 |
Financing activities | |||||||
Common Stock Issued | 0 | 984.65K | 0 | 7.08M | 1.70K | 266K | 145.00K |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 0 | 1.24M | 0 | 6.63M | 216.20K | 223.80K | 145.00K |
Net Change In Cash | 4.94K | 14.28K | -3.63M | 3.27M | 91.88K | 153.95K | 144.97K |
Cash at end of period | 48.55K | 43.60K | 29.32K | 3.66M | 390.81K | 298.93K | 144.97K |