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SPARTA COMMERCIAL SERVICES, INC.: 10-Q filed 2025-12-19

What SPARTA COMMERCIAL SERVICES, INC. reported in its quarterly report filed 2025-12-19 (fiscal Q2 2026): 36 published measures, 105 facts as tagged in accession 0001493152-25-028506.

This filing

Form
10-Q (quarterly report)
Filed
2025-12-19
Fiscal period
fiscal Q2 2026
Accession
0001493152-25-028506 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 SPARTA COMMERCIAL SERVICES, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2025-10-31860,561USD
At 2025-04-30756,579USD

Total liabilities

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

PeriodValueUnitDays
At 2025-10-3111,922,727USD
At 2025-04-3011,349,644USD

Stockholders equity

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

PeriodValueUnitDays
At 2025-10-31-12,092,686USD
At 2025-04-30-11,608,515USD

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 2025-10-3133,607USD
At 2025-04-30131,003USD

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
2025-08-01 to 2025-10-31-519,534USD92
2025-05-01 to 2025-10-31-993,925USD184
2024-08-01 to 2024-10-31-417,800USD92
2024-05-01 to 2024-10-31-1,382,316USD184

Operating cash flow

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

PeriodValueUnitDays
2025-05-01 to 2025-10-31-541,596USD184
2024-05-01 to 2024-10-31-1,000,863USD184

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
2025-08-01 to 2025-10-3199,307USD92
2025-05-01 to 2025-10-31195,995USD184
2024-08-01 to 2024-10-3147,808USD92
2024-05-01 to 2024-10-3189,359USD184

Financing cash flow

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

PeriodValueUnitDays
2025-05-01 to 2025-10-31444,200USD184
2024-05-01 to 2024-10-31993,750USD184

Retained earnings or deficit

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

PeriodValueUnitDays
At 2025-10-31-69,927,979USD
At 2025-04-30-68,918,984USD

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
2025-08-01 to 2025-10-3142,662,492shares92
2025-05-01 to 2025-10-3141,698,030shares184
2024-08-01 to 2024-10-3135,388,095shares92
2024-05-01 to 2024-10-3132,872,509shares184

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
2025-08-01 to 2025-10-3142,662,492shares92
2025-05-01 to 2025-10-3141,698,030shares184
2024-08-01 to 2024-10-3135,388,095shares92
2024-05-01 to 2024-10-3132,872,509shares184

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
2025-08-01 to 2025-10-31-0.01USD/shares92
2025-05-01 to 2025-10-31-0.02USD/shares184
2024-08-01 to 2024-10-31-0.01USD/shares92
2024-05-01 to 2024-10-31-0.04USD/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
2025-08-01 to 2025-10-31-0.01USD/shares92
2025-05-01 to 2025-10-31-0.02USD/shares184
2024-08-01 to 2024-10-31-0.01USD/shares92
2024-05-01 to 2024-10-31-0.04USD/shares184

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
2025-08-01 to 2025-10-31-274,175USD92
2025-05-01 to 2025-10-31-553,508USD184
2024-08-01 to 2024-10-31-328,896USD92
2024-05-01 to 2024-10-31-672,690USD184

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 2025-10-31851,561USD
At 2025-04-30747,579USD

Current liabilities

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

PeriodValueUnitDays
At 2025-10-3111,129,794USD
At 2025-04-3010,316,797USD

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 2025-10-316,522USD
At 2025-04-305,167USD

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
2025-08-01 to 2025-10-31364,685USD92
2025-05-01 to 2025-10-31732,234USD184
2024-08-01 to 2024-10-31372,050USD92
2024-05-01 to 2024-10-31748,812USD184

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 2025-10-314,053USD
At 2025-04-304,607USD

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
2025-08-01 to 2025-10-3190,510USD92
2025-05-01 to 2025-10-31178,726USD184
2024-08-01 to 2024-10-3143,154USD92
2024-05-01 to 2024-10-3176,122USD184

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 2025-10-3144,573,124shares
At 2025-04-3040,133,669shares

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 2025-10-3157,740,720USD
At 2025-04-3057,221,495USD

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.

PeriodValueUnitDays
At 2025-10-31-11,062,166USD
At 2025-07-31-10,894,036USD
At 2025-04-30-10,593,065USD
At 2024-10-31-10,166,663USD
At 2024-07-31-10,076,915USD
At 2024-04-30-9,636,597USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2025-10-31807,379USD
At 2024-10-31523,766USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2025-10-31213,262USD
At 2024-04-30213,262USD

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 2025-10-31213,262USD
At 2024-04-30213,262USD

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.

PeriodValueUnitDays
2025-08-01 to 2025-10-31-519,534USD92
2025-05-01 to 2025-10-31-993,925USD184
2024-08-01 to 2024-10-31-417,800USD92
2024-05-01 to 2024-10-31-1,382,316USD184

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.

PeriodValueUnitDays
2025-08-01 to 2025-10-31-526,666USD92
2025-05-01 to 2025-10-31-1,008,995USD184
2024-08-01 to 2024-10-31-417,532USD92
2024-05-01 to 2024-10-31-1,380,705USD184

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
2025-08-01 to 2025-10-3143,570USD92
2025-05-01 to 2025-10-31103,080USD184
2024-08-01 to 2024-10-3150,999USD92
2024-05-01 to 2024-10-3197,351USD184

Nonoperating interest expense

Interest expense presented outside operating results. It differs from total interest expense when some borrowing cost is classified as operating or capitalized.

PeriodValueUnitDays
2025-08-01 to 2025-10-31175,004USD92
2025-05-01 to 2025-10-31342,800USD184
2024-08-01 to 2024-10-31207,976USD92
2024-05-01 to 2024-10-31452,910USD184

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
2025-08-01 to 2025-10-31-1,901USD92
2025-05-01 to 2025-10-31-2,101USD184
2024-08-01 to 2024-10-3111,995USD92
2024-05-01 to 2024-10-3111,995USD184

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.

PeriodValueUnitDays
2025-08-01 to 2025-10-31-245,359USD92
2025-05-01 to 2025-10-31-440,417USD184
2024-08-01 to 2024-10-31-88,904USD92
2024-05-01 to 2024-10-31-709,626USD184

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.

PeriodValueUnitDays
2025-05-01 to 2025-10-311,127USD184

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
2025-05-01 to 2025-10-31165,000USD184
2024-05-01 to 2024-10-31547,500USD184

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
2025-05-01 to 2025-10-311,355USD184
2024-05-01 to 2024-10-31-3,643USD184

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
2025-05-01 to 2025-10-31-554USD184
2024-05-01 to 2024-10-313,159USD184

Inspect the source

Entity
SPARTA COMMERCIAL SERVICES, INC. / CIK 0000318299
Captured
2026-09-19T14:56:38.669Z
SEC response SHA-256
923b5a10d2ff28a6e30ea48c6c3110d171e0f4d28c6954f20195a0be5d70586d

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.

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

with urlopen("https://canlicapital.com/company-data/0000318299.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"])))