Solarmax Technology Inc. Common Stock
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 Solarmax Technology Inc. Common Stock generated cash of $3,814,900, which is more than the previous year. Cash used in financing activities reached the amount of -$5,045,623 last year. Net change in cash is therefore -$1,275,135.
Cash Flow
| 2017 | -5.47M | 428.31K | 8.91M |
|---|---|---|---|
| 2022 | -1.97M | -280.52K | -7.49M |
| 2023 | 3.81M | -6.55K | -5.04M |
SMXT Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2017 | |
|---|---|---|---|
Cash at beginning of period | 4.16M | 13.40M | 23.01M |
Operating activities | |||
Net income | 434.78K | -6.87M | -11.93M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 1.61M | 1.37M | 2.08M |
Stock-based compensation expense | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 8.50M | -3.09M | -2.12M |
Inventories | 1.95M | -119.38K | 2.97M |
Accounts payable | 1.15M | -2.58M | -7.03M |
Cash generated by operating activities | 3.81M | -1.97M | -5.47M |
Investing activities | |||
Purchases Of Investments | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -27.99K | -83.46K | -281.32K |
Acquisitions Net | 0 | 91.79K | 133.82K |
Cash generated by investing activities | -6.55K | -280.52K | 428.31K |
Financing activities | |||
Common Stock Issued | 0 | 0 | 5.07M |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 |
Repayments of term debt | -4.84M | -7.14M | 4.97M |
Cash used in financing activities | -5.04M | -7.49M | 8.91M |
Net Change In Cash | -1.27M | -9.23M | 3.86M |
Cash at end of period | 2.89M | 4.16M | 26.88M |
| Data source |