U.S. GOLD CORP.: 10-Q filed 2014-03-21

Name: U.S. GOLD CORP.: 10-Q filed 2014-03-21
Creator: U.S. GOLD CORP.

What U.S. GOLD CORP. reported in its quarterly report filed 2014-03-21 (fiscal Q3 2014): 41 published measures, 108 facts as tagged in accession 0001171520-14-000244.

This filing

Form: 10-Q (quarterly report)
Filed: 2014-03-21
Fiscal period: fiscal Q3 2014
Accession: 0001171520-14-000244 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 U.S. GOLD CORP. 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 2014-01-31	6,382,331	USD
At 2013-04-30	8,165,128	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2014-01-31	4,719,777	USD
At 2013-04-30	5,174,856	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2014-01-31	1,662,554	USD
At 2013-04-30	2,990,272	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
At 2014-01-31	333	USD
At 2013-04-30	324,235	USD
At 2013-01-31	759,346	USD
At 2012-04-30	3,274,741	USD

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2013-05-01 to 2014-01-31	-585,636	USD	276
2012-05-01 to 2013-01-31	-2,666,693	USD	276

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2012-05-01 to 2013-01-31	5,950	USD	276

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2013-11-01 to 2014-01-31	7,641,079	USD	92
2013-05-01 to 2014-01-31	22,418,038	USD	276
2012-11-01 to 2013-01-31	6,438,961	USD	92
2012-05-01 to 2013-01-31	21,396,469	USD	276

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2013-05-01 to 2014-01-31	-238,266	USD	276
2012-05-01 to 2013-01-31	975,769	USD	276

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2013-05-01 to 2014-01-31	500,000	USD	276
2012-05-01 to 2013-01-31	-824,471	USD	276

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 2014-01-31	-20,118,929	USD
At 2013-04-30	-18,052,321	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
2013-11-01 to 2014-01-31	2,104,662	shares	92
2013-05-01 to 2014-01-31	1,919,517	shares	276
2012-11-01 to 2013-01-31	1,782,925	shares	92
2012-05-01 to 2013-01-31	1,784,898	shares	276

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
2013-11-01 to 2014-01-31	2,104,662	shares	92
2013-05-01 to 2014-01-31	1,919,517	shares	276
2012-11-01 to 2013-01-31	1,782,925	shares	92
2012-05-01 to 2013-01-31	1,784,898	shares	276

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2013-11-01 to 2014-01-31	-0.4	USD/shares	92
2013-05-01 to 2014-01-31	-1.08	USD/shares	276
2012-11-01 to 2013-01-31	-0.44	USD/shares	92
2012-05-01 to 2013-01-31	-1.68	USD/shares	276

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
2013-11-01 to 2014-01-31	-0.4	USD/shares	92
2013-05-01 to 2014-01-31	-1.08	USD/shares	276
2012-11-01 to 2013-01-31	-0.44	USD/shares	92
2012-05-01 to 2013-01-31	-1.68	USD/shares	276

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2014-01-31	241,963	USD
At 2013-04-30	424,640	USD

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
2013-11-01 to 2014-01-31	5,000	USD	92
2013-05-01 to 2014-01-31	43,399	USD	276
2012-11-01 to 2013-01-31	26,000	USD	92
2012-05-01 to 2013-01-31	205,033	USD	276

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
2013-11-01 to 2014-01-31	-778,045	USD	92
2013-05-01 to 2014-01-31	-1,833,415	USD	276
2012-11-01 to 2013-01-31	-712,051	USD	92
2012-05-01 to 2013-01-31	-2,770,279	USD	276

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 2014-01-31	4,997,037	USD
At 2013-04-30	6,468,225	USD

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 2014-01-31	4,253,110	USD
At 2013-04-30	3,908,189	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 2014-01-31	1,097,374	USD
At 2013-04-30	947,552	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 2014-01-31	1,083,555	USD
At 2013-04-30	1,083,555	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 2014-01-31	10,566	USD
At 2013-04-30	132,966	USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

Period	Value	Unit	Days
2012-05-01 to 2013-01-31	142,262	USD	276

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 2014-01-31	2,272,201	USD
At 2013-04-30	2,903,054	USD

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2013-11-01 to 2014-01-31	8,419,124	USD	92
2013-05-01 to 2014-01-31	24,251,453	USD	276
2012-11-01 to 2013-01-31	7,151,012	USD	92
2012-05-01 to 2013-01-31	24,166,748	USD	276

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
2013-11-01 to 2014-01-31	1,910,085	USD	92
2013-05-01 to 2014-01-31	5,580,085	USD	276
2012-11-01 to 2013-01-31	2,069,826	USD	92
2012-05-01 to 2013-01-31	6,613,321	USD	276

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 2014-01-31	2,104,662	shares
At 2013-04-30	1,754,662	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 2014-01-31	19,676,821	USD
At 2013-04-30	19,287,931	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 2014-01-31	1,058,830	USD
At 2013-04-30	12,340,837	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 2014-01-31	816,867	USD
At 2013-04-30	11,916,197	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2014-01-31	10,566	USD
At 2013-04-30	132,966	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 2014-01-31	49,210	USD
At 2013-04-30	55,742	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 2014-01-31	1,013,365	USD
At 2013-04-30	684,509	USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2013-11-01 to 2014-01-31	-846,786	USD	92
2013-05-01 to 2014-01-31	-2,066,608	USD	276
2012-05-01 to 2013-04-30	-4,625,000	USD	365
2012-11-01 to 2013-01-31	-781,663	USD	92
2012-05-01 to 2013-01-31	-3,005,137	USD	276
2011-05-01 to 2012-04-30	-3,259,000	USD	366
2010-05-01 to 2011-04-30	-4,634,000	USD	365

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
2013-05-01 to 2014-01-31	266,400	USD	276
2012-05-01 to 2013-01-31	327,700	USD	276

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
2013-11-01 to 2014-01-31	41,000	USD	92
2013-05-01 to 2014-01-31	82,000	USD	276
2012-11-01 to 2013-01-31	41,000	USD	92
2012-05-01 to 2013-01-31	82,000	USD	276

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
2013-11-01 to 2014-01-31	-68,741	USD	92
2013-05-01 to 2014-01-31	-233,193	USD	276
2012-11-01 to 2013-01-31	-69,612	USD	92
2012-05-01 to 2013-01-31	-234,858	USD	276

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2013-05-01 to 2014-01-31	695,491	USD	276

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
2013-05-01 to 2014-01-31	326,122	USD	276
2012-05-01 to 2013-01-31	238,838	USD	276

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
2013-05-01 to 2014-01-31	630,853	USD	276
2012-05-01 to 2013-01-31	19,435	USD	276

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
2013-05-01 to 2014-01-31	149,822	USD	276
2012-05-01 to 2013-01-31	-386,516	USD	276

Inspect the source

Entity: U.S. GOLD CORP. / CIK 0000027093
Captured: 2026-09-19T14:45:46.337Z
SEC response SHA-256: 99ecebcdd82aa58e860d5cbddbbb38b938028f503707563e703e380cbe4dfce2

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Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000027093.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))