Tower Resources Ltd.
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 Tower Resources Ltd. generated cash of -$328,466, which is less than the previous year. Cash used in financing activities reached the amount of $1,113,154 last year. Net change in cash is therefore -$646,129.
Cash Flow
| 2014 | -139.87K | -743.69K | 739.68K |
|---|---|---|---|
| 2015 | -303.02K | -27.32K | 0 |
| 2016 | -262.85K | -148.24K | 1.14M |
| 2017 | -491.37K | -1.29M | 3.13M |
| 2018 | -672.19K | -1.24M | 67K |
| 2019 | -285.05K | -699.27K | 490.68K |
| 2020 | -286.41K | -69.02K | 509.20K |
| 2021 | -234.67K | -539.49K | 2.21M |
| 2022 | -245.95K | -1.01M | 915.15K |
| 2023 | -328.46K | -1.43M | 1.11M |
TWR.V Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.36M | 1.71M | 275.49K | 121.72K | 615.37K | 2.46M | 1.11M | 378.66K | 709.01K | 852.89K |
Operating activities | ||||||||||
Net income | -259.93K | -352.73K | -78.20K | -440.45K | -686.00K | -972.63K | -662.44K | -2.90M | -328.96K | -1.11M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 241 | 302 | 378 | 472 | 17.63K | 21.92K | 6.12K | 4.04K | 8.51K | 12.24K |
Stock-based compensation expense | 335.86K | 473.49K | 132.38K | 186.69K | 66.92K | 0 | 257.11K | 29.69K | 46.09K | 59.91K |
| Deferred income tax benefit | 335.86K | 473.49K | 132.38K | 186.69K | 66.92K | 0 | 257.11K | 29.69K | 46.09K | 59.91K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -1.61K | 10.20K | -8.53K | 2.18K | 19.76K | 0 | 36.32K | 0 | 20.33K | 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 | -328.46K | -245.95K | -234.67K | -286.41K | -285.05K | -672.19K | -491.37K | -262.85K | -303.02K | -139.87K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -1.49M | -1.04M | -996.30K | -740.87K | -696.53K | -1.30M | -1.80M | -179.88K | -161.80K | -743.69K |
Acquisitions Net | 0 | 25K | 50K | 50K | 0 | 0 | 500K | 0 | 0 | 0 |
Cash generated by investing activities | -1.43M | -1.01M | -539.49K | -69.02K | -699.27K | -1.24M | -1.29M | -148.24K | -27.32K | -743.69K |
Financing activities | ||||||||||
Common Stock Issued | 1.15M | 915.15K | 2M | 502.06K | 500K | 0 | 3.35M | 1.17M | 0 | 750K |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | 1.11M | 915.15K | 2.21M | 509.20K | 490.68K | 67K | 3.13M | 1.14M | 0 | 739.68K |
Net Change In Cash | -646.12K | -344.81K | 1.43M | 153.77K | -493.65K | -1.84M | 1.34M | 734.45K | -330.34K | -143.88K |
Cash at end of period | 723.77K | 1.36M | 1.71M | 275.49K | 121.72K | 615.37K | 2.46M | 1.11M | 378.66K | 709.01K |