Veritec
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 Veritec generated cash of -$496,000, which is more than the previous year. Cash used in financing activities reached the amount of $553,000 last year. Net change in cash is therefore $57,000.
Cash Flow
| 2015 | -192.90K | 0 | 221K |
|---|---|---|---|
| 2016 | -812.09K | 0 | 820.28K |
| 2017 | -1.03M | 0 | 1.01M |
| 2018 | -506.91K | 0 | 599.31K |
| 2019 | -450.10K | 0 | 402.12K |
| 2020 | -380K | 0 | 517K |
| 2021 | -672K | 0 | 682K |
| 2022 | -675K | 0 | 503K |
| 2023 | -499K | 0 | 494K |
| 2024 | -496K | 0 | 553K |
VRTC Cash Flow Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 61K | 66K | 238K | 228K | 91K | 139.08K | 46.69K | 60.95K | 52.76K | 24.66K |
Operating activities | ||||||||||
Net income | -1.05M | -1.23M | -506K | -1.09M | -576K | -849.40K | -18.21K | -1.36M | -1.29M | -907.47K |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 0 | 0 | 0 | 0 | 0 | 0 | 16.04K | 64.33K | 64.57K | 411 |
Stock-based compensation expense | 0 | 0 | 0 | 10K | 16K | 11K | 0 | 0 | 2.1K | 19.6K |
| Deferred income tax benefit | 0 | 0 | 0 | 10K | 16K | 11K | 0 | 0 | 2.1K | 19.6K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -1K | 0 | 1K | 2K | -1K | -2.04K | 1.06K | 1.17K | -11.62K | 31.75K |
Inventories | 0 | 0 | 0 | 2K | 6K | -207 | -11.93K | -242.07K | 14.46K | -6.63K |
Accounts payable | -31K | 35K | -17K | 2K | -32K | 49.75K | 23.25K | -1.20K | 46.08K | 25.84K |
Cash generated by operating activities | -496K | -499K | -675K | -672K | -380K | -450.10K | -506.91K | -1.03M | -812.09K | -192.90K |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Acquisitions Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 10K | 10K | 0 | 0 | 0 | 0 | 37.5K |
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 | 553K | 494K | 503K | -682K | -517K | 0 | -599.31K | 1.01M | -2.5K | 0 |
Cash used in financing activities | 553K | 494K | 503K | 682K | 517K | 402.12K | 599.31K | 1.01M | 820.28K | 221K |
Net Change In Cash | 57K | -5K | -172K | 10K | 137K | -47.97K | 92.39K | -14.26K | 8.19K | 28.09K |
Cash at end of period | 118K | 61K | 66K | 238K | 228K | 91.11K | 139.08K | 46.69K | 60.95K | 52.76K |
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