TEL-INSTRUMENT ELECTRONICS CORP.: 10-Q filed 2020-02-13

Name: TEL-INSTRUMENT ELECTRONICS CORP.: 10-Q filed 2020-02-13
Creator: TEL-INSTRUMENT ELECTRONICS CORP.

What TEL-INSTRUMENT ELECTRONICS CORP. reported in its quarterly report filed 2020-02-13 (fiscal Q3 2020): 42 published measures, 119 facts as tagged in accession 0001185185-20-000178.

This filing

Form: 10-Q (quarterly report)
Filed: 2020-02-13
Fiscal period: fiscal Q3 2020
Accession: 0001185185-20-000178 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 TEL-INSTRUMENT ELECTRONICS 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 2019-12-31	10,640,100	USD
At 2019-03-31	8,329,667	USD

Total liabilities

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

Period	Value	Unit	Days
At 2019-12-31	9,004,803	USD
At 2019-03-31	8,412,350	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2019-12-31	1,635,297	USD
At 2019-03-31	-82,683	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 2019-12-31	1,667,364	USD
At 2019-03-31	585,856	USD
At 2018-12-31	161,031	USD
At 2018-03-31	307,812	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
2019-10-01 to 2019-12-31	907,577	USD	92
2019-04-01 to 2019-12-31	1,701,587	USD	275
2018-10-01 to 2018-12-31	639,453	USD	92
2018-04-01 to 2018-12-31	-298,030	USD	275

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
2019-04-01 to 2019-12-31	1,397,974	USD	275
2018-04-01 to 2018-12-31	-1,087,850	USD	275

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
2019-04-01 to 2019-12-31	102,341	USD	275
2018-04-01 to 2018-12-31	0	USD	275

Revenue

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

Period	Value	Unit	Days
2019-10-01 to 2019-12-31	4,733,135	USD	92
2019-04-01 to 2019-12-31	11,951,765	USD	275
2018-10-01 to 2018-12-31	3,975,736	USD	92
2018-04-01 to 2018-12-31	8,012,891	USD	275

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
2019-04-01 to 2019-12-31	-211,450	USD	275
2018-04-01 to 2018-12-31	944,086	USD	275

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
2019-04-01 to 2019-12-31	-102,341	USD	275
2018-04-01 to 2018-12-31	0	USD	275

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 2019-12-31	-10,905,002	USD
At 2019-03-31	-12,606,589	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
2019-10-01 to 2019-12-31	3,255,887	shares	92
2019-04-01 to 2019-12-31	3,255,887	shares	275
2018-10-01 to 2018-12-31	3,255,887	shares	92
2018-04-01 to 2018-12-31	3,255,887	shares	275

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
2019-10-01 to 2019-12-31	4,975,665	shares	92
2019-04-01 to 2019-12-31	4,824,652	shares	275
2018-10-01 to 2018-12-31	3,255,887	shares	92
2018-04-01 to 2018-12-31	3,255,887	shares	275

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
2019-10-01 to 2019-12-31	0.25	USD/shares	92
2019-04-01 to 2019-12-31	0.45	USD/shares	275
2018-10-01 to 2018-12-31	0.03	USD/shares	92
2018-04-01 to 2018-12-31	-0.29	USD/shares	275

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
2019-10-01 to 2019-12-31	0.18	USD/shares	92
2019-04-01 to 2019-12-31	0.35	USD/shares	275
2018-10-01 to 2018-12-31	0.03	USD/shares	92
2018-04-01 to 2018-12-31	-0.29	USD/shares	275

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	Unit	Days
2019-10-01 to 2019-12-31	USD	92
2019-04-01 to 2019-12-31	USD	275
2018-10-01 to 2018-12-31	USD	92
2018-04-01 to 2018-12-31	USD	275

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 2019-12-31	262,708	USD
At 2019-03-31	236,370	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
2019-04-01 to 2019-12-31	16,393	USD	275
2018-04-01 to 2018-12-31	18,597	USD	275

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
2019-10-01 to 2019-12-31	1,005,741	USD	92
2019-04-01 to 2019-12-31	2,070,442	USD	275
2018-10-01 to 2018-12-31	757,662	USD	92
2018-04-01 to 2018-12-31	20,430	USD	275

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 2019-12-31	9,920,404	USD
At 2019-03-31	7,994,688	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 2019-12-31	8,510,596	USD
At 2019-03-31	8,147,681	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 2019-12-31	2,812,739	USD
At 2019-03-31	2,196,099	USD

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.

Period	Value	Unit	Days
2019-10-01 to 2019-12-31	1,206,741	USD	92
2019-04-01 to 2019-12-31	3,597,277	USD	275
2018-10-01 to 2018-12-31	1,211,942	USD	92
2018-04-01 to 2018-12-31	3,429,700	USD	275

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 2019-12-31	3,070,529	USD
At 2019-03-31	2,932,632	USD

Gross profit

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

Period	Value	Unit	Days
2019-10-01 to 2019-12-31	2,212,482	USD	92
2019-04-01 to 2019-12-31	5,667,719	USD	275
2018-10-01 to 2018-12-31	1,969,604	USD	92
2018-04-01 to 2018-12-31	3,450,130	USD	275

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
2019-10-01 to 2019-12-31	609,394	USD	92
2019-04-01 to 2019-12-31	1,847,028	USD	275
2018-10-01 to 2018-12-31	530,180	USD	92
2018-04-01 to 2018-12-31	1,652,116	USD	275

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
2019-10-01 to 2019-12-31	580,517	USD	92
2019-04-01 to 2019-12-31	1,631,359	USD	275
2018-10-01 to 2018-12-31	622,082	USD	92
2018-04-01 to 2018-12-31	1,642,785	USD	275

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 2019-12-31	3,255,887	shares
At 2019-03-31	3,255,887	shares

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.

Period	Value	Unit
At 2019-12-31	3,674,910	USD
At 2019-03-31	2,590,727	USD
At 2018-12-31	2,164,914	USD
At 2018-03-31	2,308,678	USD

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 2019-12-31	7,691,348	USD
At 2019-03-31	7,914,955	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit
At 2019-12-31	1,635,297	USD
At 2019-09-30	722,444	USD
At 2019-03-31	-82,683	USD
At 2018-12-31	-549,194	USD
At 2018-09-30	-2,169,199	USD
At 2018-03-31	-1,401,068	USD

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.

Period	Value	Unit	Days
At 2019-12-31	358,379	USD
At 2019-03-31	0	USD

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.

Period	Value	Unit	Days
At 2019-12-31	358,379	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 2019-12-31	35,109	USD
At 2019-03-31	35,109	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 2019-12-31	362,226	USD
At 2019-03-31	275,230	USD

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2019-10-01 to 2019-12-31	827,577	USD	92
2019-04-01 to 2019-12-31	1,461,587	USD	275
2018-10-01 to 2018-12-31	106,646	USD	92
2018-04-01 to 2018-12-31	-950,837	USD	275

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
2019-04-01 to 2019-12-31	74,353	USD	275
2018-04-01 to 2018-12-31	52,615	USD	275

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
2019-10-01 to 2019-12-31	-98,164	USD	92
2019-04-01 to 2019-12-31	-368,855	USD	275
2018-10-01 to 2018-12-31	-118,209	USD	92
2018-04-01 to 2018-12-31	-318,460	USD	275

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
2019-04-01 to 2019-12-31	35,080	USD	275
2018-04-01 to 2018-12-31	41,475	USD	275

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
2019-04-01 to 2019-12-31	616,640	USD	275
2018-04-01 to 2018-12-31	1,176,461	USD	275

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
2019-04-01 to 2019-12-31	193,247	USD	275
2018-04-01 to 2018-12-31	-1,120,658	USD	275

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
2019-04-01 to 2019-12-31	-165,350	USD	275
2018-04-01 to 2018-12-31	-783,601	USD	275

Inspect the source

Entity: TEL-INSTRUMENT ELECTRONICS CORP. / CIK 0000096885
Captured: 2026-09-21 17:16 UTC
SEC response SHA-256: 817be7340cb2aeb126031034a29596de55b4cf250d9bcbaf4fda42927ea9ac25

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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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000096885.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"])))