SCWorx Corp.
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 SCWorx Corp. generated cash of -$806,164, which is less than the previous year. Cash used in financing activities reached the amount of $483,138 last year. Net change in cash is therefore -$158,026.
Cash Flow
| 2016 | -2.01M | -1.85M | 8.54M |
|---|---|---|---|
| 2017 | -5.57M | -1.07M | 2.31M |
| 2018 | -3.57M | -21.84K | 2.00M |
| 2019 | -4.69M | 4.91M | 187.54K |
| 2020 | -959.07K | 0 | 847.54K |
| 2021 | -1.06M | 0 | 764.59K |
| 2022 | -546.66K | 0 | 725.05K |
| 2023 | -806.16K | 165K | 483.13K |
WORX Cash Flow Statement (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 249.46K | 71.07K | 376.42K | 487.95K | 76.45K | 42.84K | 4.67M | 0 |
Operating activities | ||||||||
Net income | -3.98M | -1.84M | -3.81M | -7.40M | -11.31M | -3.78M | -11.97M | -4.15M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||
Depreciation and amortization | 0 | 0 | 76.15K | 234.26K | 41.23K | 40.83K | 830.11K | 397.43K |
Stock-based compensation expense | 361.36K | 1.14M | 2.68M | 3.28M | 7.48M | 0 | 943.99K | 2.64M |
| Deferred income tax benefit | 361.36K | 1.14M | 2.68M | 3.28M | 7.48M | 0 | 943.99K | 2.64M |
| Changes in operating assets and liabilities: | ||||||||
Accounts receivable, net | -16.78K | 50.69K | 93.38K | 3.09K | -622.96K | -32.18K | -185.15K | 28.25K |
Inventories | 0 | 156.6K | 475K | -523.44K | 719.17K | -246.17K | 0 | 68.41M |
Accounts payable | 433.96K | 83.36K | -428.59K | 789.56K | -719.17K | 246.17K | 746.13M | -68.61M |
Cash generated by operating activities | -806.16K | -546.66K | -1.06M | -959.07K | -4.69M | -3.57M | -5.57M | -2.01M |
Investing activities | ||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | -19K | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | 0 | 0 | 0 | -111.65K | 0 | -236.73K | -111.60K |
Acquisitions Net | 0 | 0 | 0 | 0 | 5.44M | 0 | -835.4K | -1.73M |
Cash generated by investing activities | 165K | 0 | 0 | 0 | 4.91M | -21.84K | -1.07M | -1.85M |
Financing activities | ||||||||
Common Stock Issued | 572.90K | 725.05K | 525K | 2.74M | 75K | 0 | 2.01M | 8.90M |
Payments for dividends | 0 | 0 | 0 | 0 | -1.70M | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | -120K | 0 | 0 | 0 |
Repayments of term debt | -57.39K | -6.62K | -139.59K | -293.97K | 120K | -755.84K | 300K | -877K |
Cash used in financing activities | 483.13K | 725.05K | 764.59K | 847.54K | 187.54K | 2.00M | 2.31M | 8.54M |
Net Change In Cash | -158.02K | 178.38K | -305.35K | -111.52K | 411.49K | 5.38M | -4.33M | 4.67M |
Cash at end of period | 91.43K | 249.46K | 71.07K | 376.42K | 487.95K | 5.43M | 348.19K | 4.67M |
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