Volcon
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 Volcon generated cash of -$29,568,092, which is more than the previous year. Cash used in financing activities reached the amount of $27,084,318 last year. Net change in cash is therefore -$3,344,496.
Cash Flow
| 2020 | -1.15M | -249.04K | 1.94M |
|---|---|---|---|
| 2021 | -24.16M | -838.03K | 30.03M |
| 2022 | -33.64M | -799.41K | 40.41M |
| 2023 | -29.56M | -860.72K | 27.08M |
VLCN Cash Flow Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Cash at beginning of period | 11.53M | 5.57M | 536.08K | 0 |
Operating activities | ||||
Net income | -45.07M | -34.23M | -40.12M | -1.37M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 618.98K | 1.19M | 585.62K | 2.52K |
Stock-based compensation expense | 2.62M | 3.25M | 14.62M | 266.07K |
| Deferred income tax benefit | 2.62M | 3.25M | 14.62M | 266.07K |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | 555.96K | -839.37K | -25.58K | 0 |
Inventories | -7.44M | -5.12M | -4.15M | 0 |
Accounts payable | -205.44K | -417.47K | 1.37M | 0 |
Cash generated by operating activities | -29.56M | -33.64M | -24.16M | -1.15M |
Investing activities | ||||
Purchases Of Investments | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -949.72K | -799.41K | -838.03K | -249.04K |
Acquisitions Net | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -860.72K | -799.41K | -838.03K | -249.04K |
Financing activities | ||||
Common Stock Issued | 4.82M | 18.08M | 30.94M | 10.83K |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 |
Repayments of term debt | 3.83M | 15.10M | -13.15K | -70.58K |
Cash used in financing activities | 27.08M | 40.41M | 30.03M | 1.94M |
Net Change In Cash | -3.34M | 5.96M | 5.03M | 536.08K |
Cash at end of period | 8.19M | 11.53M | 5.57M | 536.08K |
| Data source | Data source | Data source |