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Koss Corporation: 10-Q filed 2022-02-04

What Koss Corporation reported in its quarterly report filed 2022-02-04 (fiscal Q2 2022): 38 published measures, 105 facts as tagged in accession 0000056701-22-000006.

This filing

Form
10-Q (quarterly report)
Filed
2022-02-04
Fiscal period
fiscal Q2 2022
Accession
0000056701-22-000006 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 Koss Corporation filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2021-12-3128,531,246USD
At 2021-06-3026,324,145USD

Total liabilities

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

PeriodValueUnitDays
At 2021-12-316,823,404USD
At 2021-06-306,749,044USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-12-3121,707,842USD
At 2021-09-3020,978,664USD
At 2021-06-3019,575,101USD
At 2020-12-3116,190,591USD
At 2020-09-3015,436,021USD
At 2020-06-3015,156,098USD

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.

PeriodValueUnitDays
At 2021-12-317,788,804USD
At 2021-06-306,950,215USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2021-10-01 to 2021-12-31578,969USD92
2021-07-01 to 2021-12-31479,610USD184
2020-10-01 to 2020-12-31508,890USD92
2020-07-01 to 2020-12-31635,819USD184

Operating cash flow

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

PeriodValueUnitDays
2021-07-01 to 2021-12-31-380,714USD184
2020-07-01 to 2020-12-31784,680USD184

Capital expenditure payments

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

PeriodValueUnitDays
2021-07-01 to 2021-12-3175,155USD184
2020-07-01 to 2020-12-31374,558USD184

Financing cash flow

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

PeriodValueUnitDays
2021-07-01 to 2021-12-311,390,346USD184
2020-07-01 to 2020-12-3188,918USD184

Investing cash flow

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

PeriodValueUnitDays
2021-07-01 to 2021-12-31-171,043USD184
2020-07-01 to 2020-12-31-478,288USD184

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2021-12-319,209,549USD
At 2021-06-308,729,939USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2021-10-01 to 2021-12-319,144,099shares92
2021-07-01 to 2021-12-318,994,023shares184
2020-10-01 to 2020-12-317,405,758shares92
2020-07-01 to 2020-12-317,405,295shares184

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.

PeriodValueUnitDays
2021-10-01 to 2021-12-3110,064,713shares92
2021-07-01 to 2021-12-3110,062,915shares184
2020-10-01 to 2020-12-317,453,450shares92
2020-07-01 to 2020-12-317,424,239shares184

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.

PeriodValueUnitDays
2021-10-01 to 2021-12-310.06USD/shares92
2021-07-01 to 2021-12-310.05USD/shares184
2020-10-01 to 2020-12-310.07USD/shares92
2020-07-01 to 2020-12-310.09USD/shares184

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.

PeriodValueUnitDays
2021-10-01 to 2021-12-310.06USD/shares92
2021-07-01 to 2021-12-310.05USD/shares184
2020-10-01 to 2020-12-310.07USD/shares92
2020-07-01 to 2020-12-310.09USD/shares184

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2021-10-01 to 2021-12-311,031USD92
2021-07-01 to 2021-12-312,062USD184
2020-10-01 to 2020-12-312,543USD92
2020-07-01 to 2020-12-314,019USD184

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.

PeriodValueUnitDays
At 2021-12-311,195,240USD
At 2021-06-301,281,180USD

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.

PeriodValueUnitDays
2021-07-01 to 2021-12-31262,785USD184
2020-07-01 to 2020-12-31309,756USD184

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.

PeriodValueUnitDays
2021-10-01 to 2021-12-31320,399USD92
2021-07-01 to 2021-12-31121,439USD184
2020-10-01 to 2020-12-312,073USD92
2020-07-01 to 2020-12-31132,529USD184

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.

PeriodValueUnitDays
At 2021-12-3119,471,649USD
At 2021-06-3015,548,516USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2021-12-312,526,381USD
At 2021-06-302,052,124USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2021-12-31866,195USD
At 2021-06-30398,433USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2021-12-311,458,066USD
At 2021-06-302,240,785USD

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2021-12-317,746,449USD
At 2021-06-305,901,512USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2021-10-01 to 2021-12-311,549,693USD92
2021-07-01 to 2021-12-313,131,530USD184
2020-10-01 to 2020-12-311,617,897USD92
2020-07-01 to 2020-12-313,254,124USD184

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.

PeriodValueUnitDays
2021-10-01 to 2021-12-311,229,294USD92
2021-07-01 to 2021-12-313,010,091USD184
2020-10-01 to 2020-12-311,615,824USD92
2020-07-01 to 2020-12-313,121,595USD184

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.

PeriodValueUnitDays
At 2021-12-319,147,795shares
At 2021-06-308,608,706shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2021-12-317,788,804USD
At 2021-06-306,950,215USD
At 2020-12-314,394,719USD
At 2020-06-303,999,409USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2021-12-312,162,513USD
At 2021-06-302,305,455USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2021-12-317,864,357USD
At 2021-06-309,494,449USD

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.

PeriodValueUnitDays
At 2021-12-31751,643USD
At 2021-06-30665,567USD

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.

PeriodValueUnitDays
At 2021-12-31470,561USD
At 2021-06-30456,004USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2021-12-31606,794USD
At 2021-06-30694,632USD

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.

PeriodValueUnitDays
2021-10-01 to 2021-12-31580,000USD92
2021-07-01 to 2021-12-31481,672USD184
2020-10-01 to 2020-12-31511,433USD92
2020-07-01 to 2020-12-31639,838USD184

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2021-07-01 to 2021-12-31161,095USD184
2020-07-01 to 2020-12-31153,559USD184

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.

PeriodValueUnitDays
2021-10-01 to 2021-12-31255,975USD92
2021-07-01 to 2021-12-31355,975USD184
2021-07-01 to 2021-07-31100,000USD31
2020-10-01 to 2020-12-31506,700USD92
2020-07-01 to 2020-12-31506,700USD184

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.

PeriodValueUnitDays
2021-07-01 to 2021-12-31-818,483USD184
2020-07-01 to 2020-12-31234,090USD184

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.

PeriodValueUnitDays
2021-07-01 to 2021-12-311,844,937USD184
2020-07-01 to 2020-12-31264,220USD184

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.

PeriodValueUnitDays
2021-07-01 to 2021-12-31467,762USD184
2020-07-01 to 2020-12-31282,535USD184

Inspect the source

Entity
Koss Corporation / CIK 0000056701
Captured
2026-09-19T14:48:37.039Z
SEC response SHA-256
3bbc929e83c1eef8343953b722954abb693d8b59748e640f8a2fa16223dfab68

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000056701.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"])))