Inrad Optics, Inc.: 10-Q filed 2020-05-14
What Inrad Optics, Inc. reported in its quarterly report filed 2020-05-14 (fiscal Q1 2020): 37 published measures, 78 facts as tagged in accession 0001104659-20-061483.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2020-05-14
- Fiscal period
- fiscal Q1 2020
- Accession
- 0001104659-20-061483 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; a measure with a published history links to it, and the history shows the latest-filed value per period. All Inrad Optics, 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 2020-03-31 | 6,920,265 | USD | |
| At 2019-12-31 | 7,135,246 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-03-31 | 5,199,506 | USD | |
| At 2019-12-31 | 5,117,980 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-03-31 | 1,720,759 | USD | |
| At 2019-12-31 | 2,017,266 | USD | |
| At 2019-03-31 | 2,559,982 | USD | |
| At 2018-12-31 | 2,566,742 | 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 2020-03-31 | 835,047 | USD | |
| At 2019-12-31 | 950,705 | USD | |
| At 2019-03-31 | 1,086,783 | USD | |
| At 2018-12-31 | 1,185,553 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | -324,487 | USD | 91 |
| 2019-01-01 to 2019-03-31 | -36,135 | USD | 90 |
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 2020-03-31 | -29,428 | USD | 91 |
| 2019-01-01 to 2019-03-31 | 1,575 | USD | 90 |
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 2020-03-31 | 82,273 | USD | 91 |
| 2019-01-01 to 2019-03-31 | 97,112 | USD | 90 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 2,050,496 | USD | 91 |
| 2019-01-01 to 2019-03-31 | 2,601,060 | USD | 90 |
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 2020-03-31 | -3,955 | USD | 91 |
| 2019-01-01 to 2019-03-31 | -3,233 | USD | 90 |
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 2020-03-31 | -82,273 | USD | 91 |
| 2019-01-01 to 2019-03-31 | -97,112 | USD | 90 |
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 2020-03-31 | -17,710,879 | USD | |
| At 2019-12-31 | -17,386,392 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 13,730,577 | shares | 91 |
| 2019-01-01 to 2019-03-31 | 13,632,388 | shares | 90 |
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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 13,730,577 | shares | 91 |
| 2019-01-01 to 2019-03-31 | 13,632,388 | shares | 90 |
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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | -0.02 | USD/shares | 91 |
| 2019-01-01 to 2019-03-31 | 0 | USD/shares | 90 |
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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | -0.02 | USD/shares | 91 |
| 2019-01-01 to 2019-03-31 | 0 | USD/shares | 90 |
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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 0 | USD | 91 |
| 2019-01-01 to 2019-03-31 | 0 | USD | 90 |
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 2020-03-31 | 677,828 | USD | |
| At 2019-12-31 | 680,781 | 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 2020-03-31 | 27,980 | USD | 91 |
| 2019-01-01 to 2019-03-31 | 29,375 | USD | 90 |
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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | -286,224 | USD | 91 |
| 2019-01-01 to 2019-03-31 | 2,526 | USD | 90 |
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 2020-03-31 | 5,010,227 | USD | |
| At 2019-12-31 | 5,159,232 | 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 2020-03-31 | 2,192,331 | USD | |
| At 2019-12-31 | 2,035,840 | 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 2020-03-31 | 1,026,242 | USD | |
| At 2019-12-31 | 1,233,081 | USD |
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 2020-03-31 | 3,037,880 | USD | |
| At 2019-12-31 | 2,834,107 | USD |
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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 701,679 | USD | 91 |
| 2019-01-01 to 2019-03-31 | 642,254 | USD | 90 |
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 2020-03-31 | 621,879 | USD | |
| At 2019-12-31 | 688,746 | USD | |
| At 2019-07-08 | 800,000 | 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 2020-03-31 | 15,056,788 | USD | |
| At 2019-12-31 | 14,990,773 | 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 2020-03-31 | 14,378,960 | USD | |
| At 2019-12-31 | 14,309,992 | 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 2020-03-31 | 48,420 | USD | |
| At 2019-12-31 | 44,577 | 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 2020-03-31 | 829,558 | USD | |
| At 2019-12-31 | 768,243 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | -324,487 | USD | 91 |
| 2019-01-01 to 2019-03-31 | -36,135 | USD | 90 |
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 2020-03-31 | 85,227 | USD | 91 |
| 2019-01-01 to 2019-03-31 | 66,360 | USD | 90 |
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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | -38,263 | USD | 91 |
| 2019-01-01 to 2019-03-31 | -38,661 | USD | 90 |
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 2020-03-31 | 1,811 | USD | 91 |
| 2019-01-01 to 2019-03-31 | 40,033 | USD | 90 |
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 2020-03-31 | 0 | USD | 91 |
| 2019-01-01 to 2019-03-31 | 0 | USD | 90 |
Operating lease payments
Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 100,000 | USD | 91 |
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 2020-03-31 | -206,839 | USD | 91 |
| 2019-01-01 to 2019-03-31 | 24,327 | USD | 90 |
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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 203,773 | USD | 91 |
| 2019-01-01 to 2019-03-31 | -82,347 | USD | 90 |
Inspect the source
- Entity
- Inrad Optics, Inc. / CIK 0000719494
- Captured
- SEC response SHA-256
ced3a82c2bd9ea3d95748a69b1e50cc9f1bda0e8fa66296a56500ef0d6575d50
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
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with urlopen("https://canlicapital.com/company-data/0000719494.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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