MJ Harvest, 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

Statements of cash flows

In USD, except per-share amounts

	FY2022 12 months to May 31, 2022	FY2021 12 months to May 31, 2021	FY2020 12 months to May 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss
Adjustments to reconcile net loss to net cash used in operating activities:
Share-based Compensation
Depreciation and amortization
Share based compensation
Advances from related party for services
Common stock payable for compensation
Loss on discontinued operation
Amortization of note payable discount
Loan financing fees
Impairment of intangible assets
Impairment of investment in PPK
Changes in operating assets and liabilities:
Accounts receivable
Deposits
Inventory
Accounts payable and other current liabilities
Prepaids and other current assets
Accounts payable and accrued liabilities
Accounts payable to related parties
NET CASH (USED IN) OPERATING ACTIVITIES
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of intangibles
Acquisition of intangible assets
Payment made to Elevated in unwinding
Convertible note receivable issued to PPK
NET CASH (USED) IN INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from notes payable
Financing fees paid in cash
Payments on notes payable
Proceeds from advances from related parties
Payments on advances from related parties
Proceeds from advances from non-related parties
NET CASH PROVIDED BY FINANCING ACTIVITIES
NET CHANGE IN CASH AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR
CASH AND CASH EQUIVALENTS END OF YEAR
Supplemental disclosure of cash flow information
Cash paid for interest
Non cash financing and investing activities:
Common stock issued for acquisition of Elevated assets
Cancellation of common stock returned by Elevated (Note 10)
Common stock issued for investment in PPK
Cancellation of common stock returned by Elevated
Common stock issued for investments
Beneficial conversion feature associated with note payable
Conversion of PPK note receivable to investment in PPK
Common stock to be issued for patents
Common stock issued for stock payable
Inventory purchased with accounts payable - related parties
Equipment purchased with accounts payable - related parties
Right to use asset acquired with lease liability

Comments