SilverSun Technologies
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 SilverSun Technologies generated cash of $583,805, which is less than the previous year. Cash used in financing activities reached the amount of -$2,049,723 last year. Net change in cash is therefore -$1,865,335.
Cash Flow
| 2014 | 992.94K | -152.99K | -294.51K |
|---|---|---|---|
| 2015 | 126.65K | -643.37K | 401.69K |
| 2016 | 1.79M | -496.71K | -869.70K |
| 2017 | 2.30M | -815.51K | -879.01K |
| 2018 | 1.29M | -1.06M | -565.50K |
| 2019 | -397.39K | 8.02M | -870.17K |
| 2020 | 1.72M | 839.80K | -4.63M |
| 2021 | 226.03K | -510.46K | 503.13K |
| 2022 | 2.03M | -188.74K | -655.13K |
| 2023 | 583.80K | -399.41K | -2.04M |
SSNT Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 8.00M | 6.81M | 6.59M | 8.65M | 1.90M | 2.23M | 1.62M | 1.19M | 1.30M | 762.89K |
Operating activities | ||||||||||
Net income | -1.07M | -282.21K | -134.43K | 175.64K | -1.46M | 262.43K | -486.46K | 3.43M | 374.30K | 192.90K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.12M | 1.75M | 1.39M | 1.12M | 932.2K | 703.08K | 620.29K | 684.66K | 485.09K | 364.57K |
Stock-based compensation expense | 41.49K | 180.26K | 441.31K | 10.19K | 16.91K | 0 | 34.26K | 42.79K | 40.86K | 130.25K |
| Deferred income tax benefit | 41.49K | 180.26K | 441.31K | 10.19K | 16.91K | 0 | 34.26K | 42.79K | 40.86K | 130.25K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -583.05K | -466.10K | -301.92K | 977.45K | -605.61K | -137.68K | 120.99K | -24.32K | -269.65K | -567.45K |
Inventories | 0 | 0 | -1.35M | 82.86K | -502.83K | 594.48K | 123.41K | 321.41K | -434.04K | -57.20K |
Accounts payable | 1.29M | 1.23M | 162.91K | -335.50K | 182.4K | -66.07K | 272.22K | 227.97K | -175.29K | 233.82K |
Cash generated by operating activities | 583.80K | 2.03M | 226.03K | 1.72M | -397.39K | 1.29M | 2.30M | 1.79M | 126.65K | 992.94K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -120.92K | -38.74K | -114.76K | -124.78K | -152.40K | -763.54K | -815.51K | -496.71K | -67.48K | -152.99K |
Acquisitions Net | -278.48K | -150K | -395.70K | -185.41K | 8.30M | -300K | 0 | 0 | -575.89K | 0 |
Cash generated by investing activities | -399.41K | -188.74K | -510.46K | 839.80K | 8.02M | -1.06M | -815.51K | -496.71K | -643.37K | -152.99K |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 4.18M | 0 | 0 | 0 | 0 | 100 | 812.02K | 0 |
Payments for dividends | -1.05M | 0 | -3.08M | -4.05M | -225.03K | 0 | -359.01K | -264.69K | 0 | 0 |
Repurchases of common stock | 0 | 0 | -503.13K | 0 | 0 | -3.66K | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | -596.06K | -3.73M | 0 | -478.76K | 0 | -416.17K | 0 | -294.51K |
Cash used in financing activities | -2.04M | -655.13K | 503.13K | -4.63M | -870.17K | -565.50K | -879.01K | -869.70K | 401.69K | -294.51K |
Net Change In Cash | -1.86M | 1.19M | 218.70K | -2.06M | 6.75M | -334.49K | 614.29K | 427.73K | -115.02K | 545.44K |
Cash at end of period | 6.14M | 8.00M | 6.81M | 6.59M | 8.65M | 1.90M | 2.23M | 1.62M | 1.19M | 1.30M |
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