Veritas Farms
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 Veritas Farms generated cash of -$3,891,956, which is more than the previous year. Cash used in financing activities reached the amount of $3,447,010 last year. Net change in cash is therefore -$426,490.
Cash Flow
| 2016 | -94 | -1.19M | 1.42M |
|---|---|---|---|
| 2017 | -1.87M | -447.06K | 2.25M |
| 2018 | -4.16M | -597.46K | 4.89M |
| 2019 | -12.26M | -1.44M | 14.62M |
| 2020 | -2.96M | -88.03K | 2.08M |
| 2021 | -4.75M | -80.28K | 5.21M |
| 2022 | -3.89M | 18.45K | 3.44M |
VFRM Cash Flow Statement (2015 – 2022)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 481.76K | 107.69K | 1.07M | 164.08K | 27.80K | 95.59K | 109 |
Operating activities | |||||||
Net income | -5.14M | -7.26M | -7.59M | -11.14M | -3.83M | -2.45M | -6.46K |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 459.07K | 499K | 760.31K | 485.22K | 274.19K | 232.72K | 1.61K |
Stock-based compensation expense | 112.34K | 214.15K | 2.02M | 2.38M | 0 | 194.19K | 0 |
| Deferred income tax benefit | 112.34K | 214.15K | 2.02M | 2.38M | 0 | 194.19K | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 70.32K | 281.60K | 144.77K | -278.88K | -164.24K | -79.90K | 0 |
Inventories | 166.86K | 688.11K | 708.47K | -4.09M | -1.08M | -882.13K | -9K |
Accounts payable | -175.54K | -472.89K | 452.99K | 1.37M | -55.65K | 193.43K | 3.15K |
Cash generated by operating activities | -3.89M | -4.75M | -2.96M | -12.26M | -4.16M | -1.87M | -94 |
Investing activities | |||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -10.33K | -80.28K | -88.03K | -1.44M | -597.46K | -447.06K | -1.19M |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 18.45K | -80.28K | -88.03K | -1.44M | -597.46K | -447.06K | -1.19M |
Financing activities | |||||||
Common Stock Issued | 0 | 3.75M | 1.01M | 13.36M | 5.53M | 700.5K | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | -41.42K | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 3.44M | -707.81K | -68.11K | -256.79K | -780.15K | 1.01M | 0 |
Cash used in financing activities | 3.44M | 5.21M | 2.08M | 14.62M | 4.89M | 2.25M | 1.42M |
Net Change In Cash | -426.49K | 374.07K | -968.85K | 912.45K | 136.28K | -67.78K | -94 |
Cash at end of period | 55.27K | 481.76K | 107.69K | 1.07M | 164.08K | 27.80K | 15 |
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