Twin Vee Powercats
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 Twin Vee Powercats generated cash of -$6,934,773, which is less than the previous year. Cash used in financing activities reached the amount of $6,818,020 last year. Net change in cash is therefore -$6,745,774.
Cash Flow
| 2019 | -152.25K | -675.74K | 1.01M |
|---|---|---|---|
| 2020 | 640.25K | -200.45K | 236.44K |
| 2021 | -1.94M | -8.03M | 16.06M |
| 2022 | -4.14M | -195.60K | 20.86M |
| 2023 | -6.93M | -6.62M | 6.81M |
VEEE Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 23.50M | 6.97M | 891.81K | 215.57K | 23.74K |
Operating activities | |||||
Net income | -7.19M | -5.79M | -1.01M | 1.17M | -326.69K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 1.35M | 553.75K | 198.52K | 462.87K | 115.05K |
Stock-based compensation expense | 1.90M | 1.44M | 309.83K | 0 | 0 |
| Deferred income tax benefit | 1.90M | 1.44M | 309.83K | 0 | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | -65.99K | -9.03K | -5.13K | -3.26K | 74.45K |
Inventories | -1.29M | -2.20M | -913.51K | -232.52K | 163.06K |
Accounts payable | 333.34K | 864.81K | 401.58K | -64.36K | -103.19K |
Cash generated by operating activities | -6.93M | -4.14M | -1.94M | 640.25K | -152.25K |
Investing activities | |||||
Purchases Of Investments | -1.44M | 3.00M | -6.09M | 0 | 0 |
Investments In Property Plant And Equipment | -5.16M | -3.36M | -1.94M | -525.19K | -675.74K |
Acquisitions Net | 0 | 175K | 0 | 349.74K | 0 |
Cash generated by investing activities | -6.62M | -195.60K | -8.03M | -200.45K | -675.74K |
Financing activities | |||||
Common Stock Issued | 6.99M | 20.93M | 15.85M | 262.15K | 1.25M |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -21.37K | 0 | 0 | 0 | 0 |
Repayments of term debt | -90.15K | 0 | -608.22K | -1.21M | -117.53K |
Cash used in financing activities | 6.81M | 20.86M | 16.06M | 236.44K | 1.01M |
Net Change In Cash | -6.74M | 16.52M | 6.08M | 676.24K | 191.82K |
Cash at end of period | 16.75M | 23.50M | 6.97M | 891.81K | 215.57K |
| Data source | Data source | Data source |