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Proceeds on issuance ofconvertible notes$6,000,000 Borrowings on term loan$3,500,000 Borrowings on revolvingloan$2,000,000 Cash proceeds fromexercise of warrants$159,000 Net cash provided by(used in) financing...$8,705,592 Canceled cashflow$2,953,408 Net increase(decrease) in cash and cash...$2,264,220 Canceled cashflow$6,441,372 Repayments on convertiblenotes$2,303,527 Repayments on notes payable$624,131 Payments of loanorigination fees$25,750 Deferred taxes, net$10,817,741 Deferred revenue$6,615,079 Accounts receivable related party-$3,836,866 Accounts payable relatedparties$3,473,842 Prepaid taxes-$2,584,417 Amortization film assets$1,331,330 Accounts payable$1,106,676 Impairment of film assets$868,722 Impairment of intangibleassets$667,460 Loss on change in fairvalue of convertible...$504,658 Stock-based compensationexpense (income)$371,496 Amortization intangibleassets, net-Nonrelated...$311,129 Depreciation property andequipment$247,976 Accrued expenses andother liabilities$110,762 Amortization intangibleassets, net-Related...$83,333 Amortization loanorigination fees and debt...$13,109 Net cash used ininvesting activities-$5,257,682 Net cash used inoperating activities-$1,153,056 Effect of foreigncurrency translation on...-$30,634 Canceled cashflow$32,944,596 Acquisition of softwarelicenses$4,087,896 Investments in software$854,269 Acquisition of software$290,000 Acquisition of fixed assets$15,798 Net cash paid foracquisition of matrioshka$9,719 Net income (loss)-$27,237,732 Accounts receivable$2,678,525 Prepaid expenses related party$1,583,563 Other noncurrentassets$1,265,874 (gain) loss on change infair value of warrant...-$719,925 Prepaid expenses andother current assets$386,461 Lease liabilities-$215,715 Gain onremeasurement of previously...$7,857 Loan and interestreceivable related party$2,000 Total other income(expense), net$714,476 Revenues, net$81,225,622 Income (loss) beforeprovision for income taxes-$16,548,832 Provision for income taxes$10,688,900 Canceled cashflow$714,476 Gross profit$22,430,675 Canceled cashflow$58,794,947 Income (loss) fromoperations-$17,263,308 Canceled cashflow$22,430,675 Cost of revenues$58,794,947 Total operatingexpenses$39,693,983 Research and development$14,580,668 General andadministrative$11,080,591 Salaries and wages$7,806,131 Advertising and marketing$5,236,951 Public companyexpenses$741,666 Depreciation$247,976
Cash Flow
source: myfinsight.com

Snail, Inc. (SNAL)

Snail, Inc. (SNAL)