$SPFX Cashflow Statement | Understand Stock

$SPFX

$3.10 +$0.01 (0.32%) Close

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Cash Flows

In millions of USD, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
CASH FLOW FROM OPERATING ACTIVITIES:
NET INCOME
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES:
Depreciation
Loss on disposal of property and equipment
Amortization of right to use asset - operating lease
Amortization of finance lease asset
Bad debt expense
Provision for credit losses
Amortization of loan origination fees
Options issued for services
Warrants issued for services
Stock compensation

Changes in operating assets and liabilities:
(Increase)/Decrease in premium finance contracts
(Increase)/Decrease in prepaid expenses and other current assets
(Increase)/Decrease in deferred tax asset, net
Increase/(Decrease) in drafts payable
Increase/(Decrease) in accrued expenses and other current liabilities
Increase/(Decrease) in operating lease liability

Net cash provided by operating activities
CASH FLOWS FROM INVESTING ACTIVITIES:
Disbursements under premium finance contracts receivable, net
Payments made on cash surrender value of life insurance
Sale of property and equipment
Purchases of property and equipment
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash overdraft
Proceeds of line of credit, net of repayments
Proceeds from loan on cash surrender value of life insurance
Proceeds (Repayments) from loan on cash surrender value of life insurance
Proceed form notes payable
Repayment of notes payable
Proceeds from notes payable - stockholders and related parties
Repayment of notes payable - stockholders and related parties
Repayment of finance lease obligation
Proceeds from PPP Loan
Proceeds from the sale of Series A Convertible Preferred Stock
Repayment of PPP loan
Paid-in capital
Proceeds of other loans
Repayment of other loans
Purchases of treasury stock
Dividends paid on Series A Convertible Preferred Stock

Net cash provided by financing activities
NET CHANGE IN CASH
CASH AT THE BEGINNING OF THE PERIOD
CASH AT THE END OF THE PERIOD
Cash paid during the period for:
Income taxes
Interest paid
Debt issued to retire common stock
NON-CASH INVESTING AND FINANCING TRANSACTION:
Debt exchanged for Series A Convertible Preferred Stock
Finance lease assets obtained in exchange for lease liabilities
Operating lease assets obtained in exchange for lease liabilities
Common stock issued in exchange for notes payable

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