Sollensys 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 Sollensys Corp. generated cash of -$3,717,037, which is less than the previous year. Cash used in financing activities reached the amount of $4,602,399 last year. Net change in cash is therefore $462,910.
Cash Flow
| 2012 | -30.25K | 0 | 13.07K |
|---|---|---|---|
| 2020 | -26.1K | 0 | 26.1K |
| 2021 | -3.71M | -422.45K | 4.60M |
SOLS Cash Flow Statement (2012 – 2021)
| 2021 | 2019 | 2012 | |
|---|---|---|---|
Cash at beginning of period | 129.62K | 0 | 25K |
Operating activities | |||
Net income | -4.52M | -26.1K | -96.78K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 16.00K | 0 | 0 |
Stock-based compensation expense | 241.80K | 0 | 50K |
| Deferred income tax benefit | 241.80K | 0 | 50K |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | 37.62K | 0 | 0 |
Inventories | -24K | 0 | 0 |
Accounts payable | 12.00K | 0 | 0 |
Cash generated by operating activities | -3.71M | -26.1K | -30.25K |
Investing activities | |||
Purchases Of Investments | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -413.53K | 0 | 0 |
Acquisitions Net | -8.92K | 0 | 0 |
Cash generated by investing activities | -422.45K | 0 | 0 |
Financing activities | |||
Common Stock Issued | 4.60M | 0 | 13.07K |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 |
Repayments of term debt | -1.58K | 0 | 0 |
Cash used in financing activities | 4.60M | 26.1K | 13.07K |
Net Change In Cash | 462.91K | 0 | -17.18K |
Cash at end of period | 592.53K | 0 | 7.81K |
| Data source | Data source |