Power reit (PW)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating activities
NET INCOME

946,894

838,811

718,473

247,183

-450,755

-1,556,489

-481,477

-321,739

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

637,223

764,010

750,446

Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of intangible assets

237,142

237,142

237,142

237,141

237,141

171,388

-

-

-

-

-

Amortization of equity offering costs

-

-

-

152,302

0

-

-

-

-

-

-

(Gain) Loss on debt extinguishment

-

-

-

-

-352,539

0

-

-

-

-

-

Loss on MTM hedge liability

-

-

-

-

189,110

528,040

-

-

-

-

-

Amortization of intangible assets

-

-

-

-

-

-

4,471

0

-

-

-

Change in unrealized loss on interest rate swap

-

-

-

-

-

-

0

-

-

-

-

Amortization of debt costs

26,062

25,191

25,187

25,181

345,130

178,020

-

-

-

-

-

Stock-based compensation

-

-

-

-

185,965

180,646

145,200

41,529

0

0

-

Amortization of debt costs

-

-

-

-

-

-

-3,797

-

-

-

-

Stock-based compensation

205,335

222,721

195,889

195,828

-

-

-

-

-

-

-

Depreciation Expense

38,757

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities
Accounts payable, related party

-1,374

198

1,176

-1,773

-639,855

0

-

-

-

-

-

Deferred rent receivable

220,219

45,501

-

-

-

-

-

-

-

-

-

(Increase) in other receivables

-

-

-

-6,142

5,088

-5,110

-

-

-

-

-

Decrease in other assets

-

-

15,799

0

-

-5,111

158,218

-48,844

0

0

-

(Increase) decrease in other receivables

-

-

-

-

-

-

-4,890

-11,054

-

-

-

(Increase) decrease in Other Receivables

-

-

-

-

-

-

-

-

0

0

-

Prepaid expenses

-2,169

2,617

-17,468

-23,985

41,780

6,000

1,788

-3,077

-2,711

0

0

Accounts payable

30,165

3,622

-63,551

8,735

-296,850

421,290

65,916

330,847

9,995

0

0

Security deposit

114,378

-

-

-

-

-

-

-

-

-

-

Accrued interest

-3,533

-3,683

-2,827

20,113

27,370

-8,358

-

-

-

-

-

Deferred revenue

-3,509

-9,924

-54,133

-

-

-

-

-

-

-

-

Increase in prepaid rent

-

-

5,413

-29,675

120,861

-19,934

0

-

-

-

-

Increase in deferred revenue

-

-

-

-60,342

-7,069

-46,307

-8,492

14,140

0

0

-

Increase in accrued interest

-

-

-

-

-

-

54,902

329

0

0

-

Net cash provided by operating activities

1,372,267

1,265,960

1,053,612

884,170

-225,003

-107,615

-370,799

2,131

644,508

764,010

-

Investing activities
Cash paid for land and greenhouse cultivation facilities

1,799,021

-

-

-

-

2,242,104

1,312,529

928,086

0

0

-

Acquisition of intangibles

-

-

-

-

-

-

237,471

0

-

-

-

Net cash used in investing activities

-1,799,021

-

-

-

-

-2,242,104

-1,550,000

-928,086

0

0

-

Financing Activities
Proceeds from long-term debt

15,500,000

-

-

-

2,306,148

0

750,000

-

0

0

-

Principal payment on long-term debt

409,309

361,447

344,115

323,066

272,702

29,762

-

0

-

-

-

Payments of debt issuance costs

312,212

-

-

-

-

-

-

-

-

-

-

Proceeds from long-term debt, related party

-

-

-

-

-

-

1,650,000

800,000

-

-

-

Principal payments on related party debt

-

-

-

-

1,650,000

0

800,000

0

-

-

-

Principal payment on long-term debt

-

-

-

-

-

-

-21,012

0

-

-

-

Net proceeds from issuance of common stock

-

-

-

-

-

-

219,305

0

-

-

-

Net proceeds from issuance of preferred stock

-

-

-

-

-

3,492,149

0

-

-

-

-

Payment of deferred finance costs

-

-

-

-

97,083

504,619

-

-

-

-

-

Cash dividends paid on preferred stock

280,232

280,232

279,871

279,870

279,871

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

159,200

0

-

-

-

-

Cash dividends paid on common stock

-

-

-

-

-

-

165,325

-

-

-

-

Net Equity Proceeds

-

-

-

-

-

-

-

-

926,382

0

-

Cash dividends paid on preferred stock

-

-

-

-

-

190,981

0

489,975

-637,975

-755,000

-755,000

Net Proceeds from Financing

-

-

-

-

-

-

-

-

-

-

0

Net cash used in financing activities

14,498,247

-641,679

-623,986

-602,936

6,492

2,925,987

1,632,968

310,025

288,407

-755,000

-

Net increase (decrease) in cash and cash equivalents

14,071,493

624,281

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

429,626

281,234

-218,511

576,268

-

-

-

-

-

Unpaid financing costs

-

-

-

-

-

386,171

-

-

-

-

-

Debt issue costs paid through issuance of debt

-

-

-

-

344,675

0

-

-

-

-

-

Account payable settled through issuance of debt

-

-

-

-

180,300

0

-

-

-

-

-

Derivative liability settled through issuance of debt

-

-

-

-

670,000

0

-

-

-

-

-

Supplemental disclosure of cash flow information:
Interest paid

504,883

447,026

467,204

457,153

-

-

-

-

-

-

-

Interest paid

-

-

-

-

486,982

440,241

41,556

0

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-287,831

-615,930

932,914

9,010

-4,554

Purchase of land and intangibles with debt

-

-

-

-

-

6,891,249

-

-

-

-

-

Purchase of land and intangibles with debt

-

-

-

-

-

-

0

127,467

0

0

-

Unpaid deferred financing costs

-

-

-

-

-

-

0

-

-

-

-