SANARA MEDTECH INC.: 10-Q filed 2020-11-13

Name: SANARA MEDTECH INC.: 10-Q filed 2020-11-13
Creator: SANARA MEDTECH INC.

What SANARA MEDTECH INC. reported in its quarterly report filed 2020-11-13 (fiscal Q3 2020): 46 published measures, 120 facts as tagged in accession 0001654954-20-012356.

This filing

Form: 10-Q (quarterly report)
Filed: 2020-11-13
Fiscal period: fiscal Q3 2020
Accession: 0001654954-20-012356 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 SANARA MEDTECH 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 2020-09-30	9,651,658	USD
At 2019-12-31	11,117,162	USD

Total liabilities

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

Period	Value	Unit	Days
At 2020-09-30	4,088,314	USD
At 2019-12-31	4,724,762	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2020-09-30	5,853,779	USD
At 2019-12-31	6,614,090	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 2020-09-30	2,120,243	USD
At 2019-12-31	6,611,928	USD
At 2019-09-30	160,711	USD
At 2018-12-31	176,421	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
2020-07-01 to 2020-09-30	-1,147,226	USD	92
2020-01-01 to 2020-09-30	-4,109,947	USD	274
2019-07-01 to 2019-09-30	-836,976	USD	92
2019-01-01 to 2019-09-30	-1,350,965	USD	273

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
2020-01-01 to 2020-09-30	-3,443,449	USD	274
2019-01-01 to 2019-09-30	-1,333,878	USD	273

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
2020-01-01 to 2020-09-30	57,456	USD	274
2019-01-01 to 2019-09-30	167,259	USD	273

Revenue

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

Period	Value	Unit	Days
2020-07-01 to 2020-09-30	4,306,324	USD	92
2020-01-01 to 2020-09-30	10,797,838	USD	274
2019-07-01 to 2019-09-30	2,909,282	USD	92
2019-01-01 to 2019-09-30	8,413,667	USD	273

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
2020-01-01 to 2020-09-30	609,220	USD	274
2019-01-01 to 2019-09-30	2,000,000	USD	273

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
2020-01-01 to 2020-09-30	-1,657,456	USD	274
2019-01-01 to 2019-09-30	-681,832	USD	273

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 2020-09-30	-6,785,749	USD
At 2019-12-31	-2,675,802	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
2020-07-01 to 2020-09-30	6,230,648	shares	92
2020-01-01 to 2020-09-30	5,730,554	shares	274
2019-07-01 to 2019-09-30	2,366,181	shares	92
2019-01-01 to 2019-09-30	1,724,848	shares	273

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
2020-07-01 to 2020-09-30	6,230,648	shares	92
2020-01-01 to 2020-09-30	5,730,554	shares	274
2019-07-01 to 2019-09-30	2,366,181	shares	92
2019-01-01 to 2019-09-30	1,724,848	shares	273

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
2020-07-01 to 2020-09-30	-0.18	USD/shares	92
2020-01-01 to 2020-09-30	-0.72	USD/shares	274
2019-07-01 to 2019-09-30	-0.35	USD/shares	92
2019-01-01 to 2019-09-30	-0.78	USD/shares	273

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
2020-07-01 to 2020-09-30	-0.18	USD/shares	92
2020-01-01 to 2020-09-30	-0.72	USD/shares	274
2019-07-01 to 2019-09-30	-0.35	USD/shares	92
2019-01-01 to 2019-09-30	-0.78	USD/shares	273

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 2020-09-30	208,919	USD
At 2019-12-31	204,953	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
2020-01-01 to 2020-09-30	872,662	USD	274
2019-01-01 to 2019-09-30	0	USD	273

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
2020-07-01 to 2020-09-30	-1,306,915	USD	92
2020-01-01 to 2020-09-30	-4,182,555	USD	274
2019-07-01 to 2019-09-30	-797,219	USD	92
2019-01-01 to 2019-09-30	-1,277,496	USD	273

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 2020-09-30	5,282,810	USD
At 2019-12-31	8,855,764	USD

Interest expense

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

Period	Value	Unit	Days
2020-07-01 to 2020-09-30	1,458	USD	92
2020-01-01 to 2020-09-30	10,913	USD	274
2019-07-01 to 2019-09-30	46,014	USD	92
2019-01-01 to 2019-09-30	80,925	USD	273

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 2020-09-30	3,093,285	USD
At 2019-12-31	2,639,821	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2020-09-30	274,570	USD
At 2019-12-31	337,504	USD

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.

Period	Value	Unit	Days
At 2020-09-30	3,162,181	USD
At 2019-12-31	1,471,194	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
2020-07-01 to 2020-09-30	5,165,304	USD	92
2020-01-01 to 2020-09-30	13,853,595	USD	274
2019-07-01 to 2019-09-30	3,421,337	USD	92
2019-01-01 to 2019-09-30	8,781,830	USD	273

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 2020-09-30	787,822	USD
At 2019-12-31	746,519	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
2020-07-01 to 2020-09-30	3,858,389	USD	92
2020-01-01 to 2020-09-30	9,671,040	USD	274
2019-07-01 to 2019-09-30	2,624,118	USD	92
2019-01-01 to 2019-09-30	7,504,334	USD	273

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.

Period	Value	Unit	Days
2020-07-01 to 2020-09-30	447,935	USD	92
2020-01-01 to 2020-09-30	1,126,798	USD	274
2019-07-01 to 2019-09-30	285,164	USD	92
2019-01-01 to 2019-09-30	909,333	USD	273

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 2020-09-30	6,279,610	shares
At 2019-12-31	3,571,001	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 2020-09-30	12,633,248	USD
At 2019-12-31	-2,081,829	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	Days
At 2020-09-30	5,563,344	USD
At 2019-12-31	6,392,400	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 2020-09-30	497,748	USD
At 2019-12-31	585,251	USD

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.

Period	Value	Unit	Days
At 2020-09-30	468,025	USD
At 2019-12-31	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 2020-09-30	316,362	USD
At 2019-12-31	265,647	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 2020-09-30	107,443	USD
At 2019-12-31	60,694	USD

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.

Period	Value	Unit	Days
At 2020-09-30	3,162,181	USD
At 2019-12-31	1,471,194	USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2020-09-30	139,437	USD
At 2019-12-31	0	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 2020-09-30	482,097	USD
At 2019-12-31	161,902	USD

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
2020-07-01 to 2020-09-30	5,083,424	USD	92
2020-01-01 to 2020-09-30	13,613,989	USD	274
2019-07-01 to 2019-09-30	3,315,575	USD	92
2019-01-01 to 2019-09-30	8,649,186	USD	273

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
2020-01-01 to 2020-09-30	50,593	USD	274
2019-01-01 to 2019-09-30	16,881	USD	273

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
2020-01-01 to 2020-09-30	209,606	USD	274
2019-01-01 to 2019-09-30	72,644	USD	273

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.

Period	Value	Unit	Days
2020-01-01 to 2020-09-30	159,013	USD	274
2019-01-01 to 2019-09-30	55,763	USD	273

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.

Period	Value	Unit	Days
2020-07-01 to 2020-09-30	98,792	USD	92
2020-01-01 to 2020-09-30	3,863	USD	274
2019-07-01 to 2019-09-30	-46,014	USD	92
2019-01-01 to 2019-09-30	-80,780	USD	273

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
2020-01-01 to 2020-09-30	0	USD	274
2019-01-01 to 2019-09-30	30,802	USD	273

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2020-01-01 to 2020-09-30	0	USD	274
2019-01-01 to 2019-09-30	0	USD	273

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
2020-01-01 to 2020-09-30	536,263	USD	274
2019-01-01 to 2019-09-30	38,831	USD	273

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
2020-01-01 to 2020-09-30	-62,934	USD	274
2019-01-01 to 2019-09-30	-185,564	USD	273

Inspect the source

Entity: SANARA MEDTECH INC. / CIK 0000714256
Captured: 2026-09-19T14:58:44.284Z
SEC response SHA-256: f92965785fd765218c7d077735cf7f10feb84c027a40423c2ef31995cf28b81f

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
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with urlopen("https://canlicapital.com/company-data/0000714256.json") as response:
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print(record["policy"])
for concept in record["concepts"]:
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