CYNERGISTEK, INC Cashflow Statement

Ask AI

Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated statements of cash flows

In millions of USD, except per-share amounts

	FY2021 12 months to Dec 31, 2021	FY2020 12 months to Dec 31, 2020	FY2019 12 months to Dec 31, 2019	FY2018 12 months to Dec 31, 2018	FY2017 12 months to Dec 31, 2017
Net loss
Adjustments to reconcile net (loss) income to net cash used for operating activities:
Depreciation
Amortization of intangible assets
Impairment of intangible assets and goodwill
Bad debt recoveries
Stock compensation for equity awards granted to employees and directors
Stock compensation for restricted stock units granted to employees and directors
Finance cost for equity commitment
Loss on disposition of property and equipment
Note payable issued in consideration of severance pay
Change in valuation of contingent earn-out
Change in valuation of contingent earnout
Change in net deferred tax assets
Interest expense related to loan acquisition costs
Gain on sale of discontinued operations before income taxes
Paycheck Protection Program loan forgiveness
Other
Changes in operating assets and liabilities:
Accounts receivable
Unbilled services
Prepaid and other current assets
Supplies
Income taxes receivable
Deposits
Accounts payable and accrued expenses
Accrued compensation and benefits
Deferred revenue
Income taxes payable
Net cash used for operating activities
Cash flows from investing activities:
Purchases of property and equipment
Proceeds from sale of net assets of discontinued operations
Amount paid to purchase Backbone Enterprises, Inc., net of cash received
Net cash used for investing activities
Cash flows from financing activities:
Proceeds from term loan
Proceeds from Paycheck Protection Program loan
Payments on term loan
Payments on promissory notes to related party
Loan acquisition fees paid
Payments on capital leases
Net proceeds from sale of common stock
Proceeds from issuance of common stock through stock options and warrants
Net cash provided by financing activities
Net change in cash and cash equivalents
Net change in cash and cash equivalents
Cash and cash equivalents, beginning of year
Cash and cash equivalents, end of year
Supplemental disclosure of cash flow information:
Interest paid
Income tax paid
Income tax refund
Non-cash investing and financing activities:
Property and equipment acquired through capital leases
Disposition of fully depreciated property and equipment
Common stock issued in connection with the acquisition of Backbone Enterprises, Inc.
Promissory notes issued in connection with the acquisition of CTEK Security, Inc.
Fair value of earnout liability in connection with the acquisition of Backbone Enterprises, Inc.
Capitalized right-to-use asset resulting from an extension of an operating lease commitment
Capitalized operating lease liability resulting from an extension of an operating lease commitment

Comments