SurgePays
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 SurgePays generated cash of $10,287,345, which is more than the previous year. Cash used in financing activities reached the amount of -$2,419,635 last year. Net change in cash is therefore $7,586,406.
Cash Flow
| 2014 | 84.85K | 0 | -182.76K |
|---|---|---|---|
| 2015 | -224.52K | 18.33K | 237.86K |
| 2016 | -641.87K | -503K | 1.13M |
| 2017 | -604.10K | -147K | 903.24K |
| 2018 | -1.01M | -278.03K | 464.10K |
| 2019 | -6.53M | -32.24K | 6.46M |
| 2020 | -4.32M | 8.35K | 4.64M |
| 2021 | -15.28M | -376.72K | 21.27M |
| 2022 | 793.27K | -1.49M | 1.45M |
| 2023 | 10.28M | -281.30K | -2.41M |
SURGW Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 7.03M | 6.28M | 673.99K | 346.04K | 444.61K | 1.27M | 63.70K | 69.48K | 37.81K | 127.21K |
Operating activities | ||||||||||
Net income | 20.61M | -553.22K | -13.53M | -10.72M | -8.44M | -1.54M | -1.98M | -4.60M | -1.33M | 33.29K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.10M | 988.7K | 917.46K | 1.37M | 282.93K | 149.64K | 119.26K | 433.11K | 501.09K | 1.36K |
Stock-based compensation expense | 529.53K | 140.67K | 3.57K | 182.96K | 329.57K | 157.90K | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 529.53K | 140.67K | 3.57K | 182.96K | 329.57K | 157.90K | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -395.71K | -5.92M | -3.09M | 1.14M | -3.59M | -102.81K | 60.39K | 111.71K | -86.04K | 151.27K |
Inventories | 2.13M | -6.87M | -4.25M | -178.30K | 2.05M | -573.46K | 0 | 62.59K | 124.03K | 0 |
Accounts payable | -25.75K | 154.24K | 4.81M | 2.88M | 1.47M | 925.14K | -262.02K | 427.66K | 176.32K | 0 |
Cash generated by operating activities | 10.28M | 793.27K | -15.28M | -4.32M | -6.53M | -1.01M | -604.10K | -641.87K | -224.52K | 84.85K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -500K | 0 | 0 |
Investments In Property Plant And Equipment | -281.30K | -698.58K | -51.40K | -6.60K | -227.63K | -331.80K | -147K | -3K | -9.73K | 0 |
Acquisitions Net | 0 | -800K | -325.31K | 0 | 210.34K | 243.76K | 0 | 0 | 28.06K | 0 |
Cash generated by investing activities | -281.30K | -1.49M | -376.72K | 8.35K | -32.24K | -278.03K | -147K | -503K | 18.33K | 0 |
Financing activities | ||||||||||
Common Stock Issued | 207.24K | 473 | 21.29M | 1.06M | 3.21M | 0 | 1.17M | 857.5K | 300.06K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | -500K | 0 | 0 | 0 | -460.57K | 0 | 0 |
Repayments of term debt | -1.60M | 1.45M | -6.32M | -822.14K | 818K | -2.61M | 629.24K | -526.90K | -299.88K | -297.98K |
Cash used in financing activities | -2.41M | 1.45M | 21.27M | 4.64M | 6.46M | 464.10K | 903.24K | 1.13M | 237.86K | -182.76K |
Net Change In Cash | 7.58M | 752.15K | 5.60M | 327.95K | -98.57K | -829.54K | 152.13K | -5.78K | 31.67K | -97.90K |
Cash at end of period | 14.62M | 7.03M | 6.28M | 673.99K | 346.04K | 444.61K | 215.84K | 63.70K | 69.48K | 29.31K |
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