SmartKem
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 SmartKem generated cash of -$8,037,000, which is more than the previous year. Cash used in financing activities reached the amount of $12,691,000 last year. Net change in cash is therefore $4,601,000.
Cash Flow
| 2019 | -6.53M | -570.76K | 3.66M |
|---|---|---|---|
| 2020 | -4.08M | -118K | 4.59M |
| 2021 | -10.53M | -341K | 22.20M |
| 2022 | -9.04M | -79K | 1.83M |
| 2023 | -8.03M | -18K | 12.69M |
SMTK Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 4.23M | 12.22M | 764K | 412K | 3.79M |
Operating activities | |||||
Net income | -8.49M | -11.49M | -17.12M | -23.13M | -8.93M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 408K | 462K | 443K | 373K | 388.92K |
Stock-based compensation expense | 717K | 488K | 6.19M | 0 | 0 |
| Deferred income tax benefit | 717K | 488K | 6.19M | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 331K | -32K | 19K | -17K | -261.91K |
Inventories | 0 | 0 | -579K | 213.69K | 0 |
Accounts payable | 459K | -385K | 579K | -213.69K | 30.14K |
Cash generated by operating activities | -8.03M | -9.04M | -10.53M | -4.08M | -6.53M |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -18K | -79K | -341K | -118K | -570.76K |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -18K | -79K | -341K | -118K | -570.76K |
Financing activities | |||||
Common Stock Issued | 12.69M | 2M | 22.20M | 4.59M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | -738K | 0 | 0 |
Cash used in financing activities | 12.69M | 1.83M | 22.20M | 4.59M | 3.66M |
Net Change In Cash | 4.60M | -7.99M | 11.46M | 352K | -3.38M |
Cash at end of period | 8.83M | 4.23M | 12.22M | 764K | 411.93K |
| Data source | Data source | Data source | Data source |