AMMJ · As filed with the SEC
American Cannabis Company cash flow statement, by fiscal year
The statement as American Cannabis Company presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF CASH FLOWS · USD
| USD | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 | Year ended Dec 31, 2017 Year ended Dec 31, 2017 | FY2016 Year ended Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||||||
| Net Loss | (3,660,416) | (633,192) | (1,439,249) | (532,413) | (301,742) | (950,691) | (1,488,474) | (603,682) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||
| Gain on Sale of assets | — | — | — | 1,183 | — | — | — | — |
| Provision for Doubtful Accounts (CF) | — | 64,344 | 54,435 | 4,910 | 88,749 | 2,815 | (89,715) | 118,641 |
| Depreciation Expense | — | — | 95,562 | 13,937 | 6,533 | 3,745 | 4,487 | 5,173 |
| Interest Expense | — | — | — | — | — | — | — | 41,578 |
| Interest Converted to Common Stock | — | — | — | — | — | — | — | 12,000 |
| Non-Operating Income (Expense) | — | — | — | — | — | — | — | (14,449) |
| Stock-Based Compensation Expense | — | — | — | 29,970 | 73,514 | 48,500 | 893,857 | 16,240 |
| Stock-based compensation to service providers | — | — | — | — | — | 25,242 | — | 13,968 |
| Interest Expense | — | — | — | — | — | — | — | 7,640 |
| Warranty expense | — | — | — | — | 151,906 | 204,955 | 895,860 | — |
| Depreciation and amortization | 241,781 | 227,533 | — | — | — | — | — | — |
| Stock-Based Compensation Expense | 1,735,022 | 266,207 | 42,207 | — | — | — | — | — |
| Net Cash from Operating Activities | — | — | — | 7,066 | — | — | — | — |
| Non-Operating Income (Expense) | — | — | 350,000 | — | — | — | — | — |
| Debt Forgiveness | — | — | (240,975) | — | — | — | — | — |
| Operating Lease Expense | 129,548 | 192,432 | — | — | — | — | — | — |
| Goodwill impairment | 1,332,113 | — | — | — | — | — | — | — |
| Changes in operating assets and liabilities: | ||||||||
| Accounts receivable | 234,781 | (522,139) | (40,795) | 67,395 | (125,520) | 85,104 | 107,362 | (234,807) |
| Deposits | — | — | — | — | — | — | — | 9,345 |
| Inventory | (233,235) | (74,363) | (144,034) | (9,092) | 7,695 | (25,248) | 6,743 | 24,935 |
| Prepaid expenses and other current assets | 24,771 | (29,282) | (1,051) | (19,455) | 25,529 | (45,050) | (1,502) | 22,292 |
| Right to Use Lease Asset | — | — | (95,722) | 34,418 | (34,418) | — | — | — |
| Accounts Payable | 331,535 | 436,484 | 229,524 | 3,405 | (23,183) | 4,929 | (27,780) | (162,556) |
| Change in Accounts Payable | — | — | — | — | — | — | (14,325) | 14,325 |
| Advances from Clients | — | — | 23,049 | (24,116) | (34,390) | 46,762 | (121,601) | 1,222 |
| Advances from Clients | (118,291) | 168,813 | — | — | — | — | — | — |
| Litigation payable | — | (175,000) | — | — | — | — | — | — |
| Change in Accrued Liabilities | 234,147 | 71,630 | 113,349 | (68,059) | 27,536 | 37,416 | 15,628 | (56,744) |
| Litigation Settlement Liability | (165,000) | — | — | — | — | — | — | — |
| Operating Lease Liability | (129,548) | (192,432) | 95,722 | (34,943) | 34,943 | — | — | — |
| Net Cash Used In Operating Activities | (42,972) | (198,965) | (957,918) | (525,794) | (102,848) | (561,522) | 180,540 | (784,879) |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||
| Purchases of property and equipment | — | — | — | (2,233) | (38,536) | — | (4,629) | (3,360) |
| Net Cash from Investing Activities | — | — | — | 2,500 | — | — | — | — |
| Purchase of property and equipment | (39,103) | (103,675) | (357,801) | — | — | — | — | — |
| Acquisition of Assets | — | — | (1,100,000) | — | — | — | — | — |
| Intangible assets | — | — | (8,159) | — | — | — | — | — |
| Net Cash from Investing Activities | (39,103) | (103,675) | (1,466,960) | 267 | (38,536) | — | (4,629) | (3,360) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||
| Proceeds from Debt Issuance | — | — | — | — | — | — | — | 305,250 |
| Principal payments of convertible debt | — | — | — | — | — | — | — | (180,000) |
| Proceeds from issuance of common shares | — | — | — | — | — | — | 721,138 | 858,247 |
| Proceeds from Debt Issuance | — | — | 130,186 | 109,914 | — | — | — | — |
| Principal payment of note payable | (250,000) | (550,000) | — | — | — | — | — | — |
| Repayments of Debt | 235,433 | 150,000 | — | — | — | — | — | — |
| Proceeds from sale of common stock | — | 149,764 | 1,241,043 | 1,193,564 | — | — | — | — |
| Net Cash from Financing Activities | 14,567 | (250,236) | 1,371,229 | 1,303,478 | — | — | 721,138 | 983,497 |
| NET INCREASE (DECREASE) IN CASH | — | — | — | 777,951 | (141,384) | (561,522) | 897,049 | 195,258 |
| NET (DECREASE) INCREASE IN CASH | — | — | (1,052,709) | — | — | — | — | — |
| CASH AT BEGINNING OF PERIOD | — | 670,423 | 1,723,132 | 945,181 | 1,086,565 | 1,648,087 | 751,038 | 555,780 |
| CASH AT END OF PERIOD | — | — | 670,423 | 1,723,132 | 945,181 | 1,086,565 | 1,648,087 | 751,038 |
| Convertible notes payable assumed from Brazil Interactive Media, Inc., net of accumulated discount amortization | — | — | — | — | — | — | — | 220,271 |
| NET (DECREASE) INCREASE IN CASH | (96,462) | (552,875) | — | — | — | — | — | — |
| CASH AT BEGINNING OF PERIOD | 117,547 | 670,423 | — | — | — | — | — | — |
| CASH AT END OF PERIOD | 21,085 | 117,547 | — | — | — | — | — | — |
| SUPPLEMENTAL CASH FLOW INFORMATION: | ||||||||
| Interest Expense | — | — | — | — | — | — | — | 33,840 |
| Stock issued for acquisition of assets | — | — | 690,000 | — | — | — | — | — |
| Note Payable issued for acquisition of assets | — | — | 1,100,000 | — | — | — | — | — |
| Initial recognition of leases | — | 700,730 | — | — | — | — | — | — |
| NONCASH INVESTING AND FINANCING ACTIVITIES: | ||||||||
| Stock issued from stock payable | 74,344 | — | — | — | — | — | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.