7Baggers
Quarterly
Annual
    Unit: USD2024-03-31 2023-12-31 
      
    		  
      cash flow from operating activities:
    		  
      net income
    		-1,858,000 -3,419,000 
      income from discontinued operations
    		-412,000 0 
      income from continuing operations
    		-1,446,000 -3,419,000 
      adjustments to reconcile net income to net cash from operating activities
    		  
      depreciation
    		138,000 235,000 
      amortization
    		24,000 25,000 
      stock and share-based compensation
    		126,000 48,000 
      change in fair value of derivative warrant liability
    		 -55,000 
      other
    		-29,000 207,000 
      changes in operating assets and liabilities:
    		  
      accounts receivable
    		1,323,000 -204,000 
      inventories
    		3,000 -29,000 
      accounts payable and accrued liabilities
    		-766,000  
      commodities payable
    		-570,000 -72,000 
      net cash from operating activities of continuing operations
    		-1,197,000 -1,425,000 
      net cash from operating activities of discontinued operations
    		-203,000 0 
      net cash from operating activities
    		-1,400,000 -1,425,000 
      capex
    		-78,000 -78,000 
      free cash flows
    		-1,478,000 -1,503,000 
      cash flows from investing activities:
    		  
      purchases of property and equipment
    		-78,000 -78,000 
      net cash from investing activities of continuing operations
    		-78,000 -78,000 
      net cash from investing activities of discontinued operations
    		2,150,000 0 
      net cash from investing activities
    		2,072,000 -78,000 
      cash flows from financing activities:
    		  
      advances on factoring agreement
    		3,101,000 4,555,000 
      payments on factoring agreement
    		-4,408,000 -4,599,000 
      advances of bank line of credit
    		  
      advances on insurance premium finance agreements
    		65,000  
      payments on insurance premium finance agreements
    		-103,000  
      proceeds from debt, net of issuance costs
    		  
      payments of debt and finance lease liabilities
    		  
      net cash from financing activities of continuing operations
    		-1,345,000 2,176,000 
      net cash from financing activities of discontinued operations
    		-18,000 0 
      net cash from financing activities
    		-1,363,000 2,176,000 
      net change in cash and cash equivalents
    		-691,000 673,000 
      cash and cash equivalents, beginning of period
    		1,139,000 0 
      cash and cash equivalents, end of period
    		448,000 673,000 
      supplemental disclosures:
    		  
      cash paid for interest
    		38,000  
      pik interest
    		224,000  
      adjustments to reconcile net income to net cash from operating activities:
    		  
      impairment of golden ridge assets
    		  
      accounts payable and accrued expenses
    		  
      advances on bank line of credit
    		 0 
      payments on bank line of credit
    		 0 
      advances on long-term debt and finance lease agreements
    		  
      payments of long-term debt and finance lease liabilities
    		  
      proceeds from issuances of common stock and warrants, net of cash issuance costs
    		  
      adjustments to reconcile net income to net cash from operating activities of continuing operations
    		  
      assets held for sale
    		  
      capitalized loan costs
    		  
      advances on debt and finance lease agreements
    		  
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.