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Victory Clean Energy, Inc.: 10-Q filed 2021-08-10

What Victory Clean Energy, Inc. reported in its quarterly report filed 2021-08-10 (fiscal Q3 2020): 40 published measures, 115 facts as tagged in accession 0001213900-21-041335.

This filing

Form
10-Q (quarterly report)
Filed
2021-08-10
Fiscal period
fiscal Q3 2020
Accession
0001213900-21-041335 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 Victory Clean Energy, Inc. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2020-09-301,333,916USD
At 2019-12-311,528,860USD

Total liabilities

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

PeriodValueUnitDays
At 2020-09-304,139,720USD
At 2019-12-313,763,031USD

Stockholders equity

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

PeriodValueUnitDays
At 2020-09-30-2,805,804USD
At 2020-06-30-2,576,780USD
At 2019-12-31-2,234,171USD
At 2019-09-30663,492USD
At 2019-06-301,101,920USD
At 2018-12-311,196,664USD

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 2020-09-30274,092USD
At 2019-12-3117,076USD
At 2019-09-30231,573USD
At 2018-12-3176,746USD

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 2020-09-30-638,299USD274
2019-01-01 to 2019-09-30-608,172USD273

Operating cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-30-299,129USD274
2019-01-01 to 2019-09-30-144,234USD273

Revenue

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

PeriodValueUnitDays
2020-07-01 to 2020-09-30130,564USD92
2020-01-01 to 2020-09-30718,218USD274
2019-07-01 to 2019-09-30509,160USD92
2019-01-01 to 2019-09-301,638,299USD273

Financing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-30565,903USD274
2019-01-01 to 2019-09-30299,061USD273

Investing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-30-9,758USD274

Retained earnings or deficit

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

PeriodValueUnitDays
At 2020-09-30-98,339,680USD
At 2019-12-31-97,701,381USD

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
2020-07-01 to 2020-09-3028,037,713shares92
2020-01-01 to 2020-09-3028,037,713shares274
2019-07-01 to 2019-09-3028,037,713shares92
2019-01-01 to 2019-09-3028,037,713shares273

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
2020-07-01 to 2020-09-3028,037,713shares92
2020-01-01 to 2020-09-3028,037,713shares274
2019-07-01 to 2019-09-3028,037,713shares92
2019-01-01 to 2019-09-3028,037,713shares273

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
2020-07-01 to 2020-09-30-0.01USD/shares92
2020-01-01 to 2020-09-30-0.02USD/shares274
2019-07-01 to 2019-09-30-0.01USD/shares92
2019-01-01 to 2019-09-30-0.02USD/shares273

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
2020-07-01 to 2020-09-30-0.01USD/shares92
2020-01-01 to 2020-09-30-0.02USD/shares274
2019-07-01 to 2019-09-30-0.01USD/shares92
2019-01-01 to 2019-09-30-0.02USD/shares273

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 2020-09-3066,666USD274
2019-01-01 to 2019-09-3075,000USD273

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
2020-07-01 to 2020-09-30-234,369USD92
2020-01-01 to 2020-09-30-574,220USD274
2019-07-01 to 2019-09-30-221,801USD92
2019-01-01 to 2019-09-30-516,497USD273

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 2020-09-30663,939USD
At 2019-12-31755,726USD

Interest expense

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

PeriodValueUnitDays
2020-07-01 to 2020-09-3018,321USD92
2020-01-01 to 2020-09-3071,085USD274
2019-07-01 to 2019-09-3036,274USD92
2019-01-01 to 2019-09-30158,169USD273

Current liabilities

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

PeriodValueUnitDays
At 2020-09-303,820,920USD
At 2019-12-313,763,031USD

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 2020-09-30565,072USD
At 2019-12-31719,011USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2020-09-30145,149USD
At 2019-12-31145,149USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2020-09-30135,140USD
At 2019-12-31148,079USD

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 2020-09-30170,525USD
At 2019-12-31510,226USD

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
2020-07-01 to 2020-09-30264,622USD92
2020-01-01 to 2020-09-30848,574USD274
2019-07-01 to 2019-09-30490,323USD92
2019-01-01 to 2019-09-301,361,940USD273

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 2020-09-3021,450USD
At 2019-12-3150,053USD

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
2020-07-01 to 2020-09-3030,253USD92
2020-01-01 to 2020-09-30274,354USD274
2019-07-01 to 2019-09-30268,522USD92
2019-01-01 to 2019-09-30845,443USD273

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
2020-07-01 to 2020-09-30100,311USD92
2020-01-01 to 2020-09-30443,864USD274
2019-07-01 to 2019-09-30240,638USD92
2019-01-01 to 2019-09-30792,856USD273

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
2020-07-01 to 2020-09-30259,496USD92
2020-01-01 to 2020-09-30834,091USD274
2019-07-01 to 2019-09-30413,507USD92
2019-01-01 to 2019-09-301,162,932USD273

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 2020-09-3028,037,713shares
At 2019-12-3128,037,713shares

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 2020-09-3095,750,830USD
At 2019-12-3195,684,164USD

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 2020-09-30389,688USD
At 2019-12-31479,906USD

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 2020-09-30149,312USD
At 2019-12-31115,939USD

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
2020-07-01 to 2020-09-30-245,690USD92
2020-01-01 to 2020-09-30-638,299USD274
2019-07-01 to 2019-09-30-258,075USD92
2019-01-01 to 2019-09-30-608,172USD273

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
2020-07-01 to 2020-09-30-252,690USD92
2020-01-01 to 2020-09-30-638,299USD274
2019-07-01 to 2019-09-30-258,075USD92
2019-01-01 to 2019-09-30-608,172USD273

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.

PeriodValueUnitDays
2020-07-01 to 2020-09-3033,551USD92
2020-01-01 to 2020-09-3099,976USD274
2019-07-01 to 2019-09-3040,968USD92
2019-01-01 to 2019-09-30122,990USD273

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
2020-01-01 to 2020-09-3012,939USD274
2019-01-01 to 2019-09-30195,410USD273

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
2020-07-01 to 2020-09-30-11,321USD92
2020-01-01 to 2020-09-30-64,079USD274
2019-07-01 to 2019-09-30-36,274USD92
2019-01-01 to 2019-09-30-158,169USD273

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
2020-01-01 to 2020-09-308,317USD274
2019-01-01 to 2019-09-3032,315USD273

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
2020-01-01 to 2020-09-30-339,701USD274
2019-01-01 to 2019-09-30-24,285USD273

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
2020-01-01 to 2020-09-30-28,603USD274
2019-01-01 to 2019-09-30-6,349USD273

Inspect the source

Entity
Victory Clean Energy, Inc. / CIK 0000700764
Captured
2026-09-21T17:16:36.281Z
SEC response SHA-256
68dd62cfddc4a08531e50e7a1f459dc2e4a0587c7aacc4d092d3a1809da885fe

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.

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

with urlopen("https://canlicapital.com/company-data/0000700764.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"])))