NLC Q1 2020 ResultsLIQUIDITY AND CAPITAL RESOURCES
The Company had cash resources of $31,493,506 and its net working capital was $30,506,521.
CASH FLOW
The Company had a net increase in cash and cash equivalents of $4,087,669 and a decrease in foreign exchange rate change on the balance of cash held in foreign currencies and hyperinflation of $3,769,859. The resulting cash position at the end of the period, including the opening cash balance of $31,175,696, was $31,493,506.
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