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BIOMERICA, INC.: 10-Q filed 2023-01-13

What BIOMERICA, INC. reported in its quarterly report filed 2023-01-13 (fiscal Q2 2023): 45 published measures, 132 facts as tagged in accession 0001513162-23-000005.

This filing

Form
10-Q (quarterly report)
Filed
2023-01-13
Fiscal period
fiscal Q2 2023
Accession
0001513162-23-000005 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 BIOMERICA, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2022-11-309,907,547USD
At 2022-05-3111,374,280USD

Total liabilities

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

PeriodValueUnitDays
At 2022-11-302,664,652USD
At 2022-05-313,049,566USD

Stockholders equity

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

PeriodValueUnitDays
At 2022-11-307,242,895USD
At 2022-08-318,321,584USD
At 2022-05-318,324,714USD
At 2021-11-308,901,427USD
At 2021-08-318,803,056USD
At 2021-05-319,227,023USD

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 2022-11-305,066,521USD
At 2022-05-315,916,983USD

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
2022-09-01 to 2022-11-30-1,626,088USD91
2022-06-01 to 2022-11-30-3,697,964USD183
2022-06-01 to 2022-08-31-2,071,876USD92
2021-09-01 to 2021-11-30-1,125,274USD91
2021-06-01 to 2021-11-30-2,667,855USD183
2021-06-01 to 2021-08-31-1,542,581USD92

Operating cash flow

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

PeriodValueUnitDays
2022-06-01 to 2022-11-30-2,786,524USD183
2021-06-01 to 2021-11-301,418,750USD183

Capital expenditure payments

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

PeriodValueUnitDays
2022-06-01 to 2022-11-3058,098USD183
2021-06-01 to 2021-11-3018,212USD183

Revenue

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

PeriodValueUnitDays
2022-09-01 to 2022-11-301,481,915USD91
2022-06-01 to 2022-11-303,119,350USD183
2021-09-01 to 2021-11-304,646,900USD91
2021-06-01 to 2021-11-305,908,687USD183

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2022-09-01 to 2022-11-301,482,000USD91
2022-06-01 to 2022-11-303,119,000USD183
2021-09-01 to 2021-11-304,647,000USD91
2021-06-01 to 2021-11-305,909,000USD183

Financing cash flow

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

PeriodValueUnitDays
2022-06-01 to 2022-11-302,015,637USD183
2021-06-01 to 2021-11-301,718,594USD183

Investing cash flow

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

PeriodValueUnitDays
2022-06-01 to 2022-11-30-58,098USD183
2021-06-01 to 2021-11-30-127,129USD183

Retained earnings or deficit

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

PeriodValueUnitDays
At 2022-11-30-38,775,343USD
At 2022-05-31-35,077,379USD

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
2022-09-01 to 2022-11-3013,455,166shares91
2022-06-01 to 2022-11-3013,271,845shares183
2021-09-01 to 2021-11-3012,592,341shares91
2021-06-01 to 2021-11-3012,509,110shares183

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
2022-09-01 to 2022-11-3013,455,166shares91
2022-06-01 to 2022-11-3013,271,845shares183
2021-09-01 to 2021-11-3012,592,341shares91
2021-06-01 to 2021-11-3012,509,110shares183

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
2022-09-01 to 2022-11-30-0.12USD/shares91
2022-06-01 to 2022-11-30-0.28USD/shares183
2021-09-01 to 2021-11-30-0.09USD/shares91
2021-06-01 to 2021-11-30-0.21USD/shares183

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
2022-09-01 to 2022-11-30-0.12USD/shares91
2022-06-01 to 2022-11-30-0.28USD/shares183
2021-09-01 to 2021-11-30-0.09USD/shares91
2021-06-01 to 2021-11-30-0.21USD/shares183

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
2022-09-01 to 2022-11-301,254USD91
2022-06-01 to 2022-11-303,211USD183
2021-09-01 to 2021-11-302,429USD91
2021-06-01 to 2021-11-3011,446USD183

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 2022-11-30236,719USD
At 2022-05-31214,487USD

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
2022-09-01 to 2022-11-30-1,666,088USD91
2022-06-01 to 2022-11-30-3,736,035USD183
2021-09-01 to 2021-11-30-1,129,761USD91
2021-06-01 to 2021-11-30-2,670,130USD183

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 2022-11-308,098,700USD
At 2022-05-319,427,531USD

Current liabilities

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

PeriodValueUnitDays
At 2022-11-301,763,203USD
At 2022-05-312,011,282USD

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 2022-11-30850,014USD
At 2022-05-31773,818USD

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
2022-09-01 to 2022-11-302,017,963USD91
2022-06-01 to 2022-11-304,032,955USD183
2021-09-01 to 2021-11-301,901,520USD91
2021-06-01 to 2021-11-303,352,919USD183

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 2022-11-302,061,444USD
At 2022-05-312,416,447USD

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
2022-09-01 to 2022-11-30351,875USD91
2022-06-01 to 2022-11-30296,920USD183
2021-09-01 to 2021-11-30771,759USD91
2021-06-01 to 2021-11-30682,789USD183

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
2022-09-01 to 2022-11-301,130,040USD91
2022-06-01 to 2022-11-302,822,430USD183
2021-09-01 to 2021-11-303,875,141USD91
2021-06-01 to 2021-11-305,225,898USD183

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
2022-09-01 to 2022-11-301,556,022USD91
2022-06-01 to 2022-11-303,209,843USD183
2021-09-01 to 2021-11-301,353,587USD91
2021-06-01 to 2021-11-302,423,442USD183

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.

PeriodValueUnitDays
2022-09-01 to 2022-11-30461,941USD91
2022-06-01 to 2022-11-30823,112USD183
2021-09-01 to 2021-11-30547,933USD91
2021-06-01 to 2021-11-30929,477USD183

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 2022-11-305,066,521USD
At 2022-05-315,916,983USD
At 2021-11-307,199,163USD
At 2021-05-314,199,311USD

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 2022-11-3045,035,298USD
At 2022-05-3142,446,597USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2022-11-30-95,413USD
At 2022-05-31-73,936USD

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 2022-11-301,169,456USD
At 2022-05-311,301,834USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2022-11-301,248,000USD

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.

PeriodValueUnitDays
At 2022-11-301,317,141USD
At 2022-05-311,305,360USD

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.

PeriodValueUnitDays
At 2022-11-30157,694USD
At 2022-05-31169,516USD

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 2022-11-3079,654USD
At 2022-05-3195,588USD

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 2022-11-30120,721USD
At 2022-05-31320,283USD

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
2022-09-01 to 2022-11-30-1,624,834USD91
2022-06-01 to 2022-11-30-3,694,753USD183
2021-09-01 to 2021-11-30-1,122,845USD91
2021-06-01 to 2021-11-30-2,656,409USD183

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2022-09-01 to 2022-11-30-1,635,038USD91
2022-06-01 to 2022-11-30-3,719,441USD183
2021-09-01 to 2021-11-30-1,130,024USD91
2021-06-01 to 2021-11-30-2,678,218USD183

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
2022-09-01 to 2022-11-3016,000USD91
2022-06-01 to 2022-11-3036,000USD183
2021-09-01 to 2021-11-3026,000USD91
2021-06-01 to 2021-11-3054,000USD183

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.

PeriodValueUnitDays
2022-09-01 to 2022-11-303,000USD91
2022-06-01 to 2022-11-3012,000USD183
2021-09-01 to 2021-11-307,000USD91
2021-06-01 to 2021-11-3014,000USD183

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
2022-06-01 to 2022-11-301,988,422USD183
2021-06-01 to 2021-11-301,751,222USD183

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2022-06-01 to 2022-11-30174,322USD183

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
2022-06-01 to 2022-11-30445,199USD183
2021-06-01 to 2021-11-30-1,139,450USD183

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
2022-06-01 to 2022-11-30-426,636USD183
2021-06-01 to 2021-11-30-42,229USD183

Inspect the source

Entity
BIOMERICA, INC. / CIK 0000073290
Captured
2026-09-19T11:13:43.418Z
SEC response SHA-256
116cd2800b45c6a572f89eb9eee647cb067d525c778fec863b7123713491f1bd

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.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

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Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

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

with urlopen("https://canlicapital.com/company-data/0000073290.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"])))