Inrad Optics, Inc.: 10-Q filed 2012-05-15
What Inrad Optics, Inc. reported in its quarterly report filed 2012-05-15 (fiscal Q1 2012): 30 published measures, 62 facts as tagged in accession 0001144204-12-029319.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2012-05-15
- Fiscal period
- fiscal Q1 2012
- Accession
- 0001144204-12-029319 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 2012-03-31 | 11,760,699 | USD | |
| At 2011-12-31 | 11,838,003 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-03-31 | 3,838,853 | USD | |
| At 2011-12-31 | 3,980,008 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-03-31 | 7,921,846 | USD | |
| At 2011-12-31 | 7,857,995 | 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 2012-03-31 | 3,869,144 | USD | |
| At 2011-12-31 | 3,400,205 | USD | |
| At 2011-03-31 | 4,062,712 | USD | |
| At 2010-12-31 | 4,365,045 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-03-31 | -148,959 | USD | 91 |
| 2011-01-01 to 2011-03-31 | 34,729 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-03-31 | 595,499 | USD | 91 |
| 2011-01-01 to 2011-03-31 | -283,438 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-03-31 | -1,078 | USD | 91 |
| 2011-01-01 to 2011-03-31 | -2,742 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-03-31 | -125,482 | USD | 91 |
| 2011-01-01 to 2011-03-31 | -16,153 | 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 2012-03-31 | -10,113,665 | USD | |
| At 2011-12-31 | -9,964,706 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-03-31 | 11,734,824 | shares | 91 |
| 2011-01-01 to 2011-03-31 | 11,579,606 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-03-31 | 11,734,824 | shares | 91 |
| 2011-01-01 to 2011-03-31 | 11,679,990 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-03-31 | 0 | USD | 91 |
| 2011-01-01 to 2011-03-31 | 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 2012-03-31 | 1,527,631 | USD | |
| At 2011-12-31 | 1,543,117 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-03-31 | 59,685 | USD | 91 |
| 2011-01-01 to 2011-03-31 | 29,898 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-03-31 | -114,333 | USD | 91 |
| 2011-01-01 to 2011-03-31 | 63,292 | 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 2012-03-31 | 8,505,733 | USD | |
| At 2011-12-31 | 8,547,910 | 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 2012-03-31 | 1,015,648 | USD | |
| At 2011-12-31 | 1,154,375 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-03-31 | 311,572 | USD | |
| At 2011-12-31 | 311,572 | 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 2012-03-31 | 1,387,155 | USD | |
| At 2011-12-31 | 2,052,887 | 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 2012-03-31 | 3,132,190 | USD | |
| At 2011-12-31 | 2,909,520 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-03-31 | 854,289 | USD | 91 |
| 2011-01-01 to 2011-03-31 | 809,245 | USD | 90 |
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 2012-03-31 | 15,297,910 | USD | |
| At 2011-12-31 | 15,172,428 | 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 2012-03-31 | 13,770,279 | USD | |
| At 2011-12-31 | 13,629,311 | 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 2012-03-31 | 496,247 | USD | |
| At 2011-12-31 | 515,888 | 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 2012-03-31 | 36,556 | USD | |
| At 2011-12-31 | 36,556 | USD |
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 |
|---|---|---|---|
| 2012-01-01 to 2012-03-31 | 160,609 | USD | 91 |
| 2011-01-01 to 2011-03-31 | 221,570 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-03-31 | -34,626 | USD | 91 |
| 2011-01-01 to 2011-03-31 | -28,563 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-03-31 | 5,000 | USD | 91 |
| 2011-01-01 to 2011-03-31 | 0 | USD | 90 |
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 |
|---|---|---|---|
| 2012-01-01 to 2012-03-31 | -665,732 | USD | 91 |
| 2011-01-01 to 2011-03-31 | -99,424 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-03-31 | 222,670 | USD | 91 |
| 2011-01-01 to 2011-03-31 | 216,331 | 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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