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Proceeds from notespayable$80,000,000 Accounts payable$22,586,565 Net income$11,481,036 Depreciation expense$5,702,410 Accrued expenses$3,902,484 Amortization of otherintangible assets$3,567,348 Provision for deferredincome taxes$1,031,051 Prepaid expenses-$642,344 Other assets-$249,389 Noncash stockcompensation$191,852 Amortization of debt issuancecosts$130,328 Other liabilities$22,178 Net cash provided byfinancing activities$72,311,046 Net cash provided byoperating activities$9,317,019 Canceled cashflow$7,688,954 Canceled cashflow$40,189,966 Net change in cash-$53,166,558 Canceled cashflow$81,628,065 Proceeds from the sale ofproperty and equipment$56,214 Payments of deferredconsideration$3,766,617 Principal payments onnotes payable$2,545,308 Payment of debt issuancecosts$838,501 Principal payments onfinance lease...$538,528 Contract assets$19,716,683 Accounts receivable, net$18,417,868 Contract liabilities-$2,053,018 (gain) on disposal ofproperty and equipment$2,397 Net cash used ininvesting activities-$134,794,623 Canceled cashflow$56,214 Acquisitions, net of cashacquired$125,532,857 Purchases of property andequipment$9,317,980
Cash Flow

Cardinal Infrastructure Group Inc. (CDNL)

Cardinal Infrastructure Group Inc. (CDNL)

source: myfinsight.com