Galaxy Gaming, Inc.: 10-Q filed 2017-11-14
What Galaxy Gaming, Inc. reported in its quarterly report filed 2017-11-14 (fiscal Q3 2017): 33 published measures, 90 facts as tagged in accession 0001564590-17-023717.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2017-11-14
- Fiscal period
- fiscal Q3 2017
- Accession
- 0001564590-17-023717 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 Galaxy Gaming, 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 2017-09-30 | 19,292,441 | USD | |
| At 2016-12-31 | 19,011,945 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-09-30 | 14,023,739 | USD | |
| At 2016-12-31 | 14,386,134 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-09-30 | 5,268,702 | USD | |
| At 2016-12-31 | 4,625,811 | 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 2017-09-30 | 3,161,666 | USD | |
| At 2016-12-31 | 2,304,761 | USD | |
| At 2016-09-30 | 1,823,657 | USD | |
| At 2015-12-31 | 570,623 | 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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | -27,930 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 54,578 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 661,718 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 1,652,992 | USD | 274 |
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 2017-09-30 | 1,531,600 | USD | |
| At 2016-12-31 | 1,477,022 | USD |
Diluted weighted-average shares
Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 39,432,982 | shares | 92 |
| 2017-01-01 to 2017-09-30 | 41,216,750 | shares | 273 |
| 2016-07-01 to 2016-09-30 | 39,465,676 | shares | 92 |
| 2016-01-01 to 2016-09-30 | 39,559,494 | shares | 274 |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 21,990 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 86,881 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 351,412 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 873,768 | USD | 274 |
Share-based compensation expense
Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 384,925 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 553,313 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 41,075 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 91,006 | USD | 274 |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 453,210 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 1,741,645 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 1,061,522 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 2,728,192 | USD | 274 |
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 2017-09-30 | 6,483,723 | USD | |
| At 2016-12-31 | 5,148,435 | 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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 432,466 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 1,316,045 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 227,632 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 741,045 | USD | 274 |
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 2017-09-30 | 5,026,550 | USD | |
| At 2016-12-31 | 4,708,685 | 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 2017-09-30 | 329,193 | USD | |
| At 2016-12-31 | 461,913 | USD |
Goodwill carrying amount
Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-09-30 | 1,091,000 | USD | |
| At 2016-12-31 | 1,091,000 | USD |
Net finite-lived intangible assets
Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-09-30 | 10,734,005 | 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 2017-09-30 | 2,396,087 | USD | |
| At 2016-12-31 | 2,137,245 | 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 2017-09-30 | 525,543 | USD | |
| At 2016-12-31 | 427,105 | USD |
Selling, general and administrative expense
Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 2,362,601 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 6,808,659 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 1,553,556 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 4,819,373 | USD | 274 |
Research and development expense
Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 139,185 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 403,618 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 89,513 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 270,734 | USD | 274 |
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 2017-09-30 | 39,565,591 | shares | |
| At 2017-09-22 | 39,365,591 | shares | |
| At 2016-12-31 | 39,315,591 | shares |
Long-term debt
Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-09-30 | 8,709,187 | USD | |
| At 2016-12-31 | 9,868,406 | 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 2017-09-30 | 23,000 | USD | |
| At 2016-12-31 | 82,050 | 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 2017-09-30 | 1,722,039 | USD | |
| At 2016-12-31 | 1,109,428 | 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 2017-09-30 | 307,157 | USD | |
| At 2016-12-31 | 194,747 | USD |
Pre-tax income or loss from continuing operations
Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | -5,940 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 141,459 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 1,013,130 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 2,526,760 | USD | 274 |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | 440,130 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 1,323,772 | USD | 273 |
| 2016-07-01 to 2016-09-30 | 419,540 | USD | 92 |
| 2016-01-01 to 2016-09-30 | 1,252,860 | USD | 274 |
Amortization of intangible assets
Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 1,123,980 | USD | 273 |
| 2016-01-01 to 2016-09-30 | 1,116,938 | USD | 274 |
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 |
|---|---|---|---|
| 2017-07-01 to 2017-09-30 | -459,150 | USD | 92 |
| 2017-01-01 to 2017-09-30 | -1,600,186 | USD | 273 |
| 2016-07-01 to 2016-09-30 | -48,392 | USD | 92 |
| 2016-01-01 to 2016-09-30 | -201,432 | USD | 274 |
Interest paid, net
Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 1,099,738 | USD | 273 |
| 2016-01-01 to 2016-09-30 | 753,250 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 264,842 | USD | 273 |
| 2016-01-01 to 2016-09-30 | 108,674 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | 271,149 | USD | 273 |
| 2016-01-01 to 2016-09-30 | 181,319 | USD | 274 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-09-30 | -132,720 | USD | 273 |
| 2016-01-01 to 2016-09-30 | -858,404 | USD | 274 |
Inspect the source
- Entity
- Galaxy Gaming, Inc. / CIK 0000013156
- Captured
- SEC response SHA-256
53dd5b6ac916f6bcea82cd88a62ec88f15db1adadd87cb8ca461a1a1bbf318b5
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