Workhorse Group
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 Workhorse Group generated cash of -$123,024,049, which is less than the previous year. Cash used in financing activities reached the amount of $78,281,114 last year. Net change in cash is therefore -$63,430,386.
Cash Flow
| 2014 | -4.46M | -23.10K | 4.92M |
|---|---|---|---|
| 2015 | -8.22M | -65.22K | 15.52M |
| 2016 | -19.03M | -528.09K | 12.35M |
| 2017 | -38.66M | -143.35K | 42.40M |
| 2018 | -21.75M | -18.42K | 19.21M |
| 2019 | -36.87M | 1.65M | 58.57M |
| 2020 | -70.27M | -5.72M | 292.36M |
| 2021 | -132.57M | 99.81M | -6.81M |
| 2022 | -93.81M | -20.01M | 11.46M |
| 2023 | -123.02M | -18.68M | 78.28M |
WKHS Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 99.27M | 201.64M | 241.22M | 24.86M | 1.51M | 4.06M | 469.57K | 7.67M | 442.25K | 7.01K |
Operating activities | ||||||||||
Net income | -123.91M | -117.27M | -401.34M | 69.77M | -37.16M | -36.50M | -42.23M | -19.55M | -9.42M | -6.60M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 4.06M | 1.94M | 1.90M | 809.64K | 388.40K | 348.33K | 549.97K | 381.82K | 371.22K | 388.00K |
Stock-based compensation expense | 13.42M | 11.46M | 4.94M | 4.02M | 1.97M | 0 | 1.43M | 799.55K | 402.51K | 414.59K |
| Deferred income tax benefit | 13.42M | 11.46M | 4.94M | 4.02M | 1.97M | 0 | 1.43M | 799.55K | 402.51K | 414.59K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -349.51K | -16.92M | 982.38K | -28.70M | -4.29M | 1.02M | -223.13K | -1.04M | 0 | 0 |
Inventories | -39.29M | -16.62M | -69.60M | -13.66M | 41.02K | -399.77K | -1.77M | -2.46M | 0 | 0 |
Accounts payable | -2.22M | 33.67M | 16.02M | 5.49M | -3.50M | 2.34M | 3.77M | 2.44M | 907.30K | 460.79K |
Cash generated by operating activities | -123.02M | -93.81M | -132.57M | -70.27M | -36.87M | -21.75M | -38.66M | -19.03M | -8.22M | -4.46M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -18.68M | -17.49M | -5.31M | -5.72M | -2.00M | -23.22K | -143.35K | -528.09K | -65.22K | -23.10K |
Acquisitions Net | 0 | 2.47M | 0 | 0 | 3.65M | 4.8K | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -18.68M | -20.01M | 99.81M | -5.72M | 1.65M | -18.42K | -143.35K | -528.09K | -65.22K | -23.10K |
Financing activities | ||||||||||
Common Stock Issued | 62.15M | 12.88M | 0 | -25T | 5.92M | 16.41M | 37.04M | 14.96M | 3.17M | 4.29M |
Payments for dividends | 0 | 0 | 0 | 0 | -1.16M | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | -4.42M | -25M | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 16.62M | -857.51K | 0 | -25M | 27.60M | -15.64M | 4.68M | -2.72M | 12.23M | -326.07K |
Cash used in financing activities | 78.28M | 11.46M | -6.81M | 292.36M | 58.57M | 19.21M | 42.40M | 12.35M | 15.52M | 4.92M |
Net Change In Cash | -63.43M | -102.37M | -39.58M | 216.36M | 23.35M | -2.55M | 3.59M | -7.20M | 7.23M | 435.23K |
Cash at end of period | 35.84M | 99.27M | 201.64M | 241.22M | 24.86M | 1.51M | 4.06M | 469.57K | 7.67M | 442.25K |
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