AgEagle Aerial Systems Inc.: 10-Q filed 2016-08-15
What AgEagle Aerial Systems Inc. reported in its quarterly report filed 2016-08-15 (fiscal Q2 2016): 31 published measures, 82 facts as tagged in accession 0001144204-16-119383.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2016-08-15
- Fiscal period
- fiscal Q2 2016
- Accession
- 0001144204-16-119383 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All AgEagle Aerial Systems Inc. filings.
Reported measures
Total assets
Resources recognized on the balance sheet. Book assets are not the market value of the business.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 10,990,966 | USD | |
| At 2015-12-31 | 21,834,401 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 23,798,574 | USD | |
| At 2015-12-31 | 24,367,974 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | -12,807,608 | USD | |
| At 2015-12-31 | -2,533,573 | USD |
Cash and cash equivalents
Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 1,253,377 | USD | |
| At 2015-12-31 | 3,101,682 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | -3,462,938 | USD | 91 |
| 2016-01-01 to 2016-06-30 | -9,154,727 | USD | 182 |
| 2015-04-01 to 2015-06-30 | -13,311,347 | USD | 91 |
| 2015-01-01 to 2015-06-30 | -30,665,907 | USD | 181 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | -81,817,151 | USD | |
| At 2015-12-31 | -71,391,881 | USD |
Basic weighted-average shares
Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | 8,423,936 | shares | 91 |
| 2016-01-01 to 2016-06-30 | 8,423,936 | shares | 182 |
| 2015-04-01 to 2015-06-30 | 8,410,275 | shares | 91 |
| 2015-01-01 to 2015-06-30 | 8,102,230 | shares | 181 |
Diluted earnings per share
Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | -0.49 | USD/shares | 91 |
| 2016-01-01 to 2016-06-30 | -1.24 | USD/shares | 182 |
| 2015-04-01 to 2015-06-30 | -1.65 | USD/shares | 91 |
| 2015-01-01 to 2015-06-30 | -3.91 | USD/shares | 181 |
Operating income or loss
Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | -2,757,632 | USD | 91 |
| 2016-01-01 to 2016-06-30 | -8,285,298 | USD | 182 |
| 2015-04-01 to 2015-06-30 | -12,148,698 | USD | 91 |
| 2015-01-01 to 2015-06-30 | -30,070,897 | USD | 181 |
Current assets
Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 3,229,900 | USD | |
| At 2015-12-31 | 7,213,213 | USD |
Interest expense
Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | 332,456 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 662,219 | USD | 182 |
| 2015-04-01 to 2015-06-30 | 321,208 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 630,704 | USD | 181 |
Current liabilities
Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 18,935,642 | USD | |
| At 2015-12-31 | 4,260,559 | USD |
Current accounts payable
Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 314,086 | USD | |
| At 2015-12-31 | 1,142,842 | USD |
Net current accounts receivable
Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 1,005,876 | USD | |
| At 2015-12-31 | 977,488 | USD |
Net inventory
Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 203,067 | USD | |
| At 2015-12-31 | 144,327 | USD |
Common shares outstanding
Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 8,423,936 | shares | |
| At 2015-12-31 | 8,423,936 | shares |
Additional paid-in capital
Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 69,000,179 | USD | |
| At 2015-12-31 | 68,848,944 | USD |
Gross property, plant and equipment
Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 2,001,294 | USD | |
| At 2015-12-31 | 1,995,010 | USD |
Accumulated depreciation on property, plant and equipment
Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 1,728,361 | USD | |
| At 2015-12-31 | 1,658,073 | USD |
Other noncurrent assets
Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 859,024 | USD | |
| At 2015-12-31 | 919,239 | USD |
Other noncurrent liabilities
Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 1,661,481 | USD | |
| At 2015-12-31 | 390,937 | USD |
Accrued current liabilities
Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 621,556 | USD | |
| At 2015-12-31 | 1,131,057 | USD |
Prepaid expenses and other current assets
Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-06-30 | 406,585 | USD | |
| At 2015-12-31 | 247,325 | USD |
Net income available to common stockholders
Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | -4,147,077 | USD | 91 |
| 2016-01-01 to 2016-06-30 | -10,425,270 | USD | 182 |
| 2015-04-01 to 2015-06-30 | -13,857,661 | USD | 91 |
| 2015-01-01 to 2015-06-30 | -31,682,309 | USD | 181 |
General and administrative expense
General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | 127,820 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 311,526 | USD | 182 |
| 2015-04-01 to 2015-06-30 | 199,294 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 430,033 | USD | 181 |
Depreciation, depletion and amortization
Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | 84,490 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 248,678 | USD | 182 |
| 2015-04-01 to 2015-06-30 | 342,625 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 1,088,233 | USD | 181 |
Other nonoperating income or expense
Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | 922,942 | USD | 91 |
| 2016-01-01 to 2016-06-30 | 2,174,186 | USD | 182 |
| 2015-04-01 to 2015-06-30 | 1,116,686 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 2,211,343 | USD | 181 |
Nonoperating income or expense
Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-04-01 to 2016-06-30 | -705,306 | USD | 91 |
| 2016-01-01 to 2016-06-30 | -869,429 | USD | 182 |
| 2015-04-01 to 2015-06-30 | -1,162,649 | USD | 91 |
| 2015-01-01 to 2015-06-30 | -595,010 | USD | 181 |
Change in accounts receivable
The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-06-30 | 28,388 | USD | 182 |
| 2015-01-01 to 2015-06-30 | 698,288 | USD | 181 |
Change in inventories
The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-06-30 | 58,740 | USD | 182 |
| 2015-01-01 to 2015-06-30 | -61,397 | USD | 181 |
Change in accounts payable
The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-06-30 | -828,756 | USD | 182 |
| 2015-01-01 to 2015-06-30 | -1,850,888 | USD | 181 |
Inspect the source
- Entity
- AgEagle Aerial Systems Inc. / CIK 0000008504
- Captured
- 2026-09-19T14:43:39.919Z
- SEC response SHA-256
a6d287971df6a73e5f090a4abc134ecba3bd943b3de75fab09184c68be2e7066
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
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