Sacks Parente Golf
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 Sacks Parente Golf generated cash of -$5,047,000, which is less than the previous year. Cash used in financing activities reached the amount of $10,503,000 last year. Net change in cash is therefore $5,167,000.
Cash Flow
| 2020 | -228K | 0 | 316K |
|---|---|---|---|
| 2021 | -171K | 0 | 255K |
| 2022 | -785K | -75K | 847K |
| 2023 | -5.04M | -289K | 10.50M |
SPGC Cash Flow Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Cash at beginning of period | 171K | 184K | 100K | 12K |
Operating activities | ||||
Net income | -4.62M | -3.50M | -302K | -479K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 58K | 11K | 0 | 0 |
Stock-based compensation expense | 225K | 1.43M | 25K | 125K |
| Deferred income tax benefit | 225K | 1.43M | 25K | 125K |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | -51K | 9K | -10K | 13K |
Inventories | -131K | -62K | 29K | 27K |
Accounts payable | 304K | 88K | -39K | 18K |
Cash generated by operating activities | -5.04M | -785K | -171K | -228K |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -289K | -75K | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -289K | -75K | 0 | 0 |
Financing activities | ||||
Common Stock Issued | 11.20M | 420K | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 |
Repayments of term debt | -936K | 700K | -255K | -316K |
Cash used in financing activities | 10.50M | 847K | 255K | 316K |
Net Change In Cash | 5.16M | -13K | 84K | 88K |
Cash at end of period | 5.33M | 171K | 184K | 100K |
| Data source |