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Quad M Solutions, Inc.: 10-Q/A filed 2020-05-21

What Quad M Solutions, Inc. reported in its quarterly report amendment filed 2020-05-21 (fiscal Q2 2020): 25 published measures, 72 facts as tagged in accession 0001477932-20-002982.

This is an amendment. Values here are as tagged in the amendment; the original filing has its own page.

This filing

Form
10-Q/A (quarterly report amendment)
Filed
2020-05-21
Fiscal period
fiscal Q2 2020
Accession
0001477932-20-002982 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; a measure with a published history links to it, and the history shows the latest-filed value per period. All Quad M Solutions, Inc. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2020-03-3110,238USD
At 2019-09-3014,700USD

Total liabilities

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

PeriodValueUnitDays
At 2020-03-315,238,767USD
At 2019-09-302,677,050USD

Stockholders equity

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

PeriodValueUnitDays
At 2020-03-31-5,228,529USD
At 2019-12-31-3,240,835USD
At 2019-09-30-2,662,350USD
At 2019-06-30-1,635,509USD
At 2019-03-31-209,150USD
At 2018-12-31-188,240USD
At 2018-09-30-158,442USD

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 2020-03-3110,238USD
At 2019-09-3014,700USD
At 2019-03-3113,611USD
At 2018-09-301,900USD

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
2020-01-01 to 2020-03-31-2,326,682USD91
2019-10-01 to 2020-03-31-3,032,348USD183
2019-10-01 to 2019-12-31-705,666USD92
2019-07-01 to 2019-09-30-1,768,873USD92
2019-04-01 to 2019-06-30-1,563,631USD91
2019-01-01 to 2019-03-31-419,909USD90
2018-10-01 to 2019-03-31-720,708USD182
2018-10-01 to 2018-12-31-300,798USD92

Operating cash flow

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

PeriodValueUnitDays
2019-10-01 to 2020-03-31-386,007USD183
2018-10-01 to 2019-03-31-281,289USD182

Revenue

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

PeriodValueUnitDays
2020-01-01 to 2020-03-315,091,348USD91
2019-10-01 to 2020-03-315,312,706USD183

Financing cash flow

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

PeriodValueUnitDays
2019-10-01 to 2020-03-31381,544USD183
2018-10-01 to 2019-03-31293,000USD182

Retained earnings or deficit

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

PeriodValueUnitDays
At 2020-03-31-10,112,037USD
At 2019-09-30-7,079,690USD

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
2020-01-01 to 2020-03-3140,000USD91
2019-10-01 to 2020-03-3140,000USD183

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
2020-01-01 to 2020-03-31-437,784USD91
2019-10-01 to 2020-03-31-682,851USD183
2019-01-01 to 2019-03-31-399,012USD90
2018-10-01 to 2019-03-31-659,557USD182

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 2020-03-3110,238USD
At 2019-09-3014,700USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2020-01-01 to 2020-03-31-341,202USD91
2019-10-01 to 2020-03-31-738,308USD183
2019-01-01 to 2019-03-31-23,827USD90
2018-10-01 to 2019-03-31-28,676USD182

Current liabilities

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

PeriodValueUnitDays
At 2020-03-315,238,767USD
At 2019-09-302,677,050USD

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 2020-03-3125,710USD
At 2019-09-3034,710USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2020-01-01 to 2020-03-31606,349USD91
2019-10-01 to 2020-03-31861,397USD183
2019-01-01 to 2019-03-31399,012USD90
2018-10-01 to 2019-03-31659,557USD182

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
2020-01-01 to 2020-03-31168,565USD91
2019-10-01 to 2020-03-31178,546USD183

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.

PeriodValueUnitDays
2020-01-01 to 2020-03-314,922,783USD91
2019-10-01 to 2020-03-315,134,160USD183

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 2020-03-31874,441shares
At 2019-09-30689,777shares

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.

PeriodValueUnitDays
At 2020-03-314,762,600USD
At 2019-09-304,339,751USD

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 2020-03-31533,833USD
At 2019-09-30283,833USD

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
2020-01-01 to 2020-03-31-2,326,682USD91
2019-10-01 to 2020-03-31-3,032,348USD183
2019-01-01 to 2019-03-31-419,909USD90
2018-10-01 to 2019-03-31-720,708USD182

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.

PeriodValueUnitDays
2020-01-01 to 2020-03-31287,385USD91
2019-10-01 to 2020-03-31525,247USD183
2019-01-01 to 2019-03-3150,423USD90
2018-10-01 to 2019-03-31107,014USD182

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.

PeriodValueUnitDays
2018-10-01 to 2019-03-31193,000USD182

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
2019-10-01 to 2020-03-31-8,998USD183
2018-10-01 to 2019-03-315,805USD182

Inspect the source

Entity
Quad M Solutions, Inc. / CIK 0000066600
Captured
SEC response SHA-256
a0250a6efe1287fdb73b90ca66dbee53267cd03dbf711a0471032509e5ddd536

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.

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

with urlopen("https://canlicapital.com/company-data/0000066600.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"])))