Elec Communications Corporation (ELEC) Cash Flow Statement

Net income (loss)	84.31K
Stock-based compensation	4K
Change in value of marketable securities	0
Amortization of debt discount	496.06K
Amortization of financing costs and intangible assets	23.43K
Depreciation	8.18K
Gain on troubled debt restructuring	-2.07M
Gain on sale of subsidiary	0
Gain on settlement of derivative liabilities	-1.49M
Change in fair value of derivative liabilities	2.32M
Accounts receivable	-52.79K
Marketable securities	0
Inventory	94.94K
Prepaid expenses and other current assets	3.34K
Other assets	-6.14K
Accounts payable and accrued liabilities	99.67K
Accounts payable and accrued liabilities-related party	217.21K
Due to Pension Benefit Guaranty Corporation	76.41K
Net cash used in operating activities	-181.34K
Cash acquired in acquisitions of businesses	16.02K
Purchase of fixed assets	-810
Net cash provided by investing activities	15.21K
Proceeds from borrowings	244.75K
Principal payments of debt	-74.8K
Net cash provided by financing activities	169.95K
Increase (decrease) in cash and cash equivalents	3.82K
Cash and cash equivalents at beginning of period	1.83K
Cash and cash equivalents at the end of period	5.65K
Cash paid during the period for: Income taxes	0
Cash paid during the period for: Interest	18.16K
Fair value of derivative liabilities to discount on debt	193.78K
Settlement of accrued interest with issuance of preferred stock	100K
Acquisition of net liabilities of business-reverse merger recapitalization	187.87K
Settlement of payables with issuance of warrants	20K
Conversion of accrued liabilities to notes payable	150.73K
Conversion of debt to equity	0
Conversion of embedded derivative liabilities to equity	0

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