CKX Lands, Inc.: 10-Q filed 2022-08-11

Name: CKX Lands, Inc.: 10-Q filed 2022-08-11
Creator: CKX Lands, Inc.

What CKX Lands, Inc. reported in its quarterly report filed 2022-08-11 (fiscal Q2 2022): 33 published measures, 90 facts as tagged in accession 0001437749-22-019969.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-08-11
Fiscal period: fiscal Q2 2022
Accession: 0001437749-22-019969 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 CKX Lands, Inc. 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 2022-06-30	16,986,743	USD
At 2021-12-31	17,055,087	USD

Total liabilities

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

Period	Value	Unit	Days
At 2022-06-30	369,551	USD
At 2021-12-31	448,900	USD

Stockholders equity

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

Period	Value	Unit
At 2022-06-30	16,617,192	USD
At 2022-03-31	16,610,927	USD
At 2021-12-31	16,606,187	USD
At 2021-06-30	16,387,993	USD
At 2021-03-31	16,213,645	USD
At 2020-12-31	15,786,838	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	Days
At 2022-06-30	7,109,424	USD
At 2021-12-31	7,409,873	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
2022-04-01 to 2022-06-30	-276,691	USD	91
2022-01-01 to 2022-06-30	-271,951	USD	181
2021-04-01 to 2021-06-30	174,348	USD	91
2021-01-01 to 2021-06-30	601,155	USD	181

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
2022-01-01 to 2022-06-30	-139,279	USD	181
2021-01-01 to 2021-06-30	-64,018	USD	181

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
2022-01-01 to 2022-06-30	12,835	USD	181
2021-01-01 to 2021-06-30	0	USD	181

Revenue

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

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	310,214	USD	91
2022-01-01 to 2022-06-30	492,130	USD	181
2021-04-01 to 2021-06-30	211,306	USD	91
2021-01-01 to 2021-06-30	366,182	USD	181

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
2022-01-01 to 2022-06-30	-131,335	USD	181
2021-01-01 to 2021-06-30	0	USD	181

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
2022-01-01 to 2022-06-30	-29,835	USD	181
2021-01-01 to 2021-06-30	730,999	USD	181

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 2022-06-30	16,274,901	USD
At 2021-12-31	16,546,852	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
2022-04-01 to 2022-06-30	1,945,555	shares	91
2022-01-01 to 2022-06-30	1,945,555	shares	181
2021-04-01 to 2021-06-30	1,942,495	shares	91
2021-01-01 to 2021-06-30	1,942,495	shares	181

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
2022-04-01 to 2022-06-30	-0.14	USD/shares	91
2022-01-01 to 2022-06-30	-0.14	USD/shares	181
2021-04-01 to 2021-06-30	0.09	USD/shares	91
2021-01-01 to 2021-06-30	0.31	USD/shares	181

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	Value	Unit	Days
2022-04-01 to 2022-06-30	-24,530	USD	91
2022-01-01 to 2022-06-30	-25,679	USD	181
2021-04-01 to 2021-06-30	63,271	USD	91
2021-01-01 to 2021-06-30	89,457	USD	181

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 2022-06-30	9,084,171	USD
At 2021-12-31	9,056,238	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
2022-01-01 to 2022-06-30	414,291	USD	181
2021-01-01 to 2021-06-30	0	USD	181

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
2022-04-01 to 2022-06-30	-305,329	USD	91
2022-01-01 to 2022-06-30	-307,367	USD	181
2021-04-01 to 2021-06-30	232,832	USD	91
2021-01-01 to 2021-06-30	681,159	USD	181

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 2022-06-30	7,902,572	USD
At 2021-12-31	7,998,849	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 2022-06-30	181,887	USD
At 2021-12-31	261,236	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 2022-06-30	146,904	USD
At 2021-12-31	50,739	USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	131,335	USD	181
2021-01-01 to 2021-06-30	0	USD	181

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 2022-06-30	1,963,913	shares
At 2021-12-31	1,942,495	shares

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 2022-06-30	414,291	USD
At 2021-12-31	0	USD

Gross property, plant and equipment

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

Period	Value	Unit	Days
At 2022-06-30	9,167,857	USD
At 2021-12-31	9,138,734	USD

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.

Period	Value	Unit	Days
At 2022-06-30	83,686	USD
At 2021-12-31	82,496	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 2022-06-30	143,378	USD
At 2021-12-31	35,405	USD

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.

Period	Value	Unit	Days
At 2022-06-30	106,149	USD
At 2021-12-31	150,113	USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

Period	Value	Unit	Days
At 2022-06-30	187,664	USD
At 2021-12-31	187,664	USD

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.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-301,221	USD	91
2022-01-01 to 2022-06-30	-297,630	USD	181
2021-04-01 to 2021-06-30	237,619	USD	91
2021-01-01 to 2021-06-30	690,612	USD	181

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.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	597,295	USD	91
2022-01-01 to 2022-06-30	769,643	USD	181
2021-04-01 to 2021-06-30	148,316	USD	91
2021-01-01 to 2021-06-30	251,399	USD	181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	683	USD	91
2022-01-01 to 2022-06-30	1,190	USD	181
2021-04-01 to 2021-06-30	503	USD	91
2021-01-01 to 2021-06-30	1,010	USD	181

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

Period	Value	Unit	Days
2022-04-01 to 2022-06-30	-24,530	USD	91
2022-01-01 to 2022-06-30	-25,679	USD	181
2021-04-01 to 2021-06-30	63,271	USD	91
2021-01-01 to 2021-06-30	89,457	USD	181

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
2022-01-01 to 2022-06-30	0	USD	181
2021-01-01 to 2021-06-30	0	USD	181

Inspect the source

Entity: CKX Lands, Inc. / CIK 0000352955
Captured: 2026-09-19T14:57:11.399Z
SEC response SHA-256: 35356ebc8c563ab56b3fc8b76fe191ba7403136b3ac2c410506fefd19aef408f

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/0000352955.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"])))