Torchlight Energy 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 Torchlight Energy Resources generated cash of -$1,345,273, which is less than the previous year. Cash used in financing activities reached the amount of $7,190,893 last year. Net change in cash is therefore $41,597.
Cash Flow
| 2010 | -40K | -1.11M | 1.43M |
|---|---|---|---|
| 2011 | -800.31K | -2.05M | 3.09M |
| 2020 | -1.34M | -5.80M | 7.19M |
TRCH Cash Flow Statement (2010 – 2020)
| 2020 | 2011 | 2010 | |
|---|---|---|---|
Cash at beginning of period | 89.73K | 278.19K | 20K |
Operating activities | |||
Net income | -12.78M | -1.96M | -650K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 309.82K | 541 | 0 |
Stock-based compensation expense | 404.9K | 1.10M | 313M |
| Deferred income tax benefit | 404.9K | 1.10M | 313M |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | -15.63K | -17.27K | 0 |
Inventories | 0 | 0 | 0 |
Accounts payable | 940.65K | -206.93K | 291.95M |
Cash generated by operating activities | -1.34M | -800.31K | -40K |
Investing activities | |||
Purchases Of Investments | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | -2.05M | -1.11M |
Acquisitions Net | 0 | 0 | 0 |
Cash generated by investing activities | -5.80M | -2.05M | -1.11M |
Financing activities | |||
Common Stock Issued | 6.51M | 2.69M | 0 |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | -260K |
Repayments of term debt | -250K | -250K | 0 |
Cash used in financing activities | 7.19M | 3.09M | 1.43M |
Net Change In Cash | 41.59K | 240.09K | 280K |
Cash at end of period | 131.32K | 518.28K | 300K |
| Data source | Data source | Data source |