Summit Networks reported cash from operations of -$51295.00 and free cash flow of -$51295.00 for the quarter ended Mar 2023, down 63.1% year over year. This cash flow statement covers 31 quarters of results from Oct 2014 through Mar 2023, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Oct2014 | Jan2015 | Apr2015 | Jul2015 | Oct2015 | Jan2016 | Apr2016 | Jul2016 | Oct2016 | Jan2017 | Apr2017 | Oct2017 | Oct2018 | Jan2019 | Apr2019 | Jul2019 | Oct2019 | Jan2020 | Apr2020 | Jul2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||
| Net Income | -237505.00 | -42498.00 | -22581.00 | -73408.00 | -27267.00 | -10047.00 | -43022.00 | -51189.00 | 68,143.00 | -100232.00 | -307677.00 | -78074.00 | -289232.00 | -60201.00 | -43048.00 | -24572.00 | 53,597.00 | -22266.00 | -39352.00 | ||||||||||||
| Share-based CompensationStock Comp. | 15,000.00 | 15,000.00 | |||||||||||||||||||||||||||||
| Deferred Taxes | |||||||||||||||||||||||||||||||
| Asset Writedowns and ImpairmentWritedown | 11,172.00 | ||||||||||||||||||||||||||||||
| Cash from OperationsCash from Ops. | -2018.00 | -232268.00 | -41929.00 | -20172.00 | -43011.00 | -15937.00 | -10047.00 | 103,800.00 | -100232.00 | -360726.00 | 94,119.00 | -19267.00 | -31459.00 | -12182.00 | -9141.00 | -3299.00 | -51295.00 | ||||||||||||||
| Depreciation, Depletion & Amortization | |||||||||||||||||||||||||||||||
| Depreciation & Amortization (CF)Dep. & Amort. | 937.00 | 932.00 | |||||||||||||||||||||||||||||
| Change in Working Capital | |||||||||||||||||||||||||||||||
| Change in Account PayablesChange Payables | 43,822.00 | 4,000.00 | 6,000.00 | 6,000.00 | 6,000.00 | 6,000.00 | 6,000.00 | ||||||||||||||||||||||||
| Change in Accured ExpensesChange Accured Exp. | 7,213.00 | -5935.00 | 569.00 | -2147.00 | 30,397.00 | 11,330.00 | 8,880.00 | 24,453.00 | 59,356.00 | 50,000.00 | 16,100.00 | 12,000.00 | -45266.00 | 15,601.00 | 4,021.00 | ||||||||||||||||
| Change in TaxesChange Taxes | |||||||||||||||||||||||||||||||
| Other Working Capital ChangesOther WC Changes | |||||||||||||||||||||||||||||||
| Investing Activities | |||||||||||||||||||||||||||||||
| Capital ExpendituresCapex | 5,536.00 | ||||||||||||||||||||||||||||||
| Cash from Investing ActivitiesCash from Investing | -5536.00 | ||||||||||||||||||||||||||||||
| Financing Activities | |||||||||||||||||||||||||||||||
| Other financing activitiesOther financing | 3,285.00 | ||||||||||||||||||||||||||||||
| Cash from Financing ActivitiesCash from Financing | 2,018.00 | 219,836.00 | 38,082.00 | 18,722.00 | -596844.00 | 15,384.00 | 10,047.00 | 350,525.00 | 179,000.00 | 200,000.00 | |||||||||||||||||||||
| Change in Capital Stock | |||||||||||||||||||||||||||||||
| Net Equity Issued and RepurchasedNet Equity Issued | 200,000.00 | ||||||||||||||||||||||||||||||
| Additional items | |||||||||||||||||||||||||||||||
| Change in Cash | -12432.00 | -3847.00 | -1450.00 | 553.00 | -553.00 | -11640.00 | -100232.00 | -187262.00 | 94,119.00 | -19267.00 | -31459.00 | -12182.00 | -9141.00 | 196,701.00 | -53960.00 | ||||||||||||||||
| Free Cash FlowFCF | -2018.00 | -232268.00 | -41929.00 | -20172.00 | -43011.00 | -15937.00 | -10047.00 | 103,800.00 | -100232.00 | -366262.00 | 94,119.00 | -19267.00 | -31459.00 | -12182.00 | -9141.00 | -3299.00 | -51295.00 | ||||||||||||||
| Net Cash FlowNCF | -12432.00 | -3847.00 | -1450.00 | -639855.00 | -553.00 | 350,525.00 | 103,800.00 | -100232.00 | -187262.00 | 94,119.00 | -19267.00 | -31459.00 | -12182.00 | -9141.00 | 196,701.00 | -51295.00 |