Torq Resources
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 Torq Resources generated cash of -$16,701,039, which is less than the previous year. Cash used in financing activities reached the amount of $5,216,319 last year. Net change in cash is therefore -$11,982,573.
Cash Flow
| 2014 | 1.29K | 50.19K | 0 |
|---|---|---|---|
| 2015 | -126.88K | -8.32K | 0 |
| 2016 | -447.75K | -250.84K | 6.34M |
| 2017 | -1.74M | -1.41M | 12.74M |
| 2018 | -3.15M | 7.85K | 0 |
| 2019 | -1.74M | 247.33K | 0 |
| 2020 | -2.17M | 84.70K | 17.5K |
| 2021 | -5.79M | -1.03M | 42.3K |
| 2022 | -10.09M | -1.06M | 21.72M |
| 2023 | -16.70M | -491.92K | 5.21M |
TORQ.V Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 12.47M | 1.89M | 8.74M | 10.83M | 12.43M | 15.44M | 5.86M | 215.52K | 349.44K | 297.26K |
Operating activities | ||||||||||
Net income | -19.21M | -11.71M | -6.47M | -2.08M | -1.67M | -4.87M | -3.19M | -660.49K | -460.35K | -132.88K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 282.87K | 181.65K | 32.72K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock-based compensation expense | 2.18M | 490.89K | 743.76K | 132.11K | 133.11K | 0 | 1.77M | 0 | 0 | 0 |
| Deferred income tax benefit | 2.18M | 490.89K | 743.76K | 132.11K | 133.11K | 0 | 1.77M | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 28.82K | 85.85K | -105.88K | -17.98K | -6.82K | 310.59K | -57.18K | -30.86K | 4.70K | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | -16.70M | -10.09M | -5.79M | -2.17M | -1.74M | -3.15M | -1.74M | -447.75K | -126.88K | 1.29K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -866.56K | -1.25M | -1.07M | 0 | 0 | -134.16K | -1.56M | -251.7K | -10.03K | -1K |
Acquisitions Net | 0 | -1K | 0 | 0 | 0 | -138.84K | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -491.92K | -1.06M | -1.03M | 84.70K | 247.33K | 7.85K | -1.41M | -250.84K | -8.32K | 50.19K |
Financing activities | ||||||||||
Common Stock Issued | 5.44M | 5.04M | 42.3K | 17.5K | 0 | 0 | 12.74M | 6.95M | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 2.45M | 0 | 0 | 0 | 0 | 0 | -609.38K | 0 | 0 |
Cash used in financing activities | 5.21M | 21.72M | 42.3K | 17.5K | 0 | 0 | 12.74M | 6.34M | 0 | 0 |
Net Change In Cash | -11.98M | 10.57M | -6.84M | -2.08M | -1.59M | -3.00M | 9.58M | 5.64M | -133.91K | 52.17K |
Cash at end of period | 487.97K | 12.47M | 1.89M | 8.74M | 10.83M | 12.43M | 15.44M | 5.86M | 215.52K | 349.44K |