Safe Pro Group 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 Safe Pro Group Inc. Common Stock generated cash of -$2,003,878, which is less than the previous year. Cash used in financing activities reached the amount of $985,152 last year. Net change in cash is therefore -$1,048,898.
Cash Flow
| 2022 | 1.07M | 169.56K | 503.61K |
|---|---|---|---|
| 2023 | -2.00M | -30.17K | 985.15K |
SPAI Cash Flow Statement (2022 – 2023)
| 2023 | 2022 | |
|---|---|---|
Cash at beginning of period | 1.75M | 0 |
Operating activities | ||
Net income | -6.31M | -507.64K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||
Depreciation and amortization | 239.00K | 105.35K |
Stock-based compensation expense | 3.61M | 0 |
| Deferred income tax benefit | 3.61M | 0 |
| Changes in operating assets and liabilities: | ||
Accounts receivable, net | -61.15K | 1.56M |
Inventories | 5.08K | -297.09K |
Accounts payable | 118.03K | -44.14K |
Cash generated by operating activities | -2.00M | 1.07M |
Investing activities | ||
Purchases Of Investments | 0 | 0 |
Investments In Property Plant And Equipment | -30.17K | -26.34K |
Acquisitions Net | 0 | 195.90K |
Cash generated by investing activities | -30.17K | 169.56K |
Financing activities | ||
Common Stock Issued | 1.00M | 1.17M |
Payments for dividends | 0 | 0 |
Repurchases of common stock | 0 | 0 |
Repayments of term debt | 475K | 50K |
Cash used in financing activities | 985.15K | 503.61K |
Net Change In Cash | -1.04M | 1.75M |
Cash at end of period | 703.36K | 1.75M |