e.Digital Corporation and subsidiary
CONDENSED CONSOLIDATED (UNAUDITED) STATEMENTS OF CASH FLOWS
|
|
For the nine months ended |
|
|
|
December 31, |
|
|
|
2014 |
|
|
2013 |
|
| OPERATING ACTIVITIES |
|
$ |
|
|
$ |
|
| Income for period |
|
|
133,324 |
|
|
|
217,244 |
|
| Adjustments to reconcile income to net cash provided by operating activities: |
|
|
|
|
|
|
|
|
| Depreciation and amortization |
|
|
3,876 |
|
|
|
3,104 |
|
| Inventory market and reserve adjustment |
|
|
50,278 |
|
|
|
67,104 |
|
| Warranty provision |
|
|
– |
|
|
|
338 |
|
| Stock-based compensation |
|
|
37,587 |
|
|
|
2,646 |
|
| Changes in assets and liabilities: |
|
|
|
|
|
|
|
|
| Accounts receivable |
|
|
163,072 |
|
|
|
114,421 |
|
| Inventory |
|
|
3,641 |
|
|
|
3,230 |
|
| Deposits and prepaid expenses |
|
|
20,623 |
|
|
|
23,775 |
|
| Accounts payable, trade |
|
|
139,845 |
|
|
|
16,089 |
|
| Accrued and other liabilities |
|
|
(95,964 |
) |
|
|
(143,265 |
) |
| Cash provided by operating activities |
|
|
456,282 |
|
|
|
304,686 |
|
|
|
|
|
|
|
|
|
|
| INVESTING ACTIVITIES |
|
|
|
|
|
|
|
|
| Purchase of equipment |
|
|
– |
|
|
|
(1,623 |
) |
| Cash used in investing activities |
|
|
– |
|
|
|
(1,623 |
) |
| FINANCING ACTIVITIES |
|
|
|
|
|
|
|
|
| Cash provided by financing activities |
|
|
– |
|
|
|
– |
|
| Net increase in cash and cash equivalents |
|
|
456,282 |
|
|
|
303,063 |
|
| Cash and cash equivalents, beginning of period |
|
|
1,787,863 |
|
|
|
1,741,439 |
|
| Cash and cash equivalents, end of period |
|
|
2,244,145 |
|
|
|
2,044,502 |
|
See notes to interim condensed consolidated financial statements
someone is getting ready..
doni
