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Proceeds from equityoffering, net of...$319,010,000 Accounts payable$17,061,798 Proceeds from notespayable$33,000,000 Net income$11,148,306 Depreciation expense$6,768,987 Amortization of otherintangible assets$4,824,386 Accrued expenses$3,257,750 Change in fair value oftax receivable...$1,974,349 Noncash stockcompensation$269,665 Amortization of debt issuancecosts$145,423 Other assets-$59,431 Net cash provided byfinancing activities$314,720,015 Net cash provided byoperating activities$12,678,405 Canceled cashflow$37,289,985 Canceled cashflow$32,809,512 Net change in cash$295,109,422 Canceled cashflow$32,288,998 Principal payments onnotes payable$35,545,401 Principal payments onfinance lease...$975,720 Payment of issuancecosts$568,863 Payments of deferredconsideration$200,001 Proceeds from the sale ofproperty and equipment$278,077 Accounts receivable, net$15,961,352 Contract assets$12,993,483 Contract liabilities-$2,318,880 Provision for deferredincome taxes-$1,074,489 Prepaid expenses$412,310 Gain on disposal ofproperty and equipment$48,998 Net cash used ininvesting activities-$32,288,998 Canceled cashflow$278,077 Purchases of property andequipment$24,667,076 Acquisitions, net of cashacquired$7,899,999
Cash Flow

Cardinal Infrastructure Group Inc. (CDNL)

Cardinal Infrastructure Group Inc. (CDNL)

source: myfinsight.com