Inrad Optics, Inc.: 10-Q filed 2017-11-14

Name: Inrad Optics, Inc.: 10-Q filed 2017-11-14
Creator: Inrad Optics, Inc.
License: https://creativecommons.org/licenses/by/4.0/

What Inrad Optics, Inc. reported in its quarterly report filed 2017-11-14 (fiscal Q3 2017): 29 published measures, 70 facts as tagged in accession 0001144204-17-058898.

This filing

Form: 10-Q (quarterly report)
Filed: 2017-11-14
Fiscal period: fiscal Q3 2017
Accession: 0001144204-17-058898 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 2017-09-30	6,581,893	USD
At 2016-12-31	6,734,632	USD

Total liabilities

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

Period	Value	Unit	Days
At 2017-09-30	4,798,347	USD
At 2016-12-31	4,552,534	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2017-09-30	1,783,546	USD
At 2016-12-31	2,182,098	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 2017-09-30	567,231	USD
At 2016-12-31	973,333	USD
At 2016-09-30	1,324,037	USD
At 2015-12-31	673,685	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
2017-07-01 to 2017-09-30	-39,863	USD	92
2017-01-01 to 2017-09-30	-567,388	USD	273
2016-07-01 to 2016-09-30	-34,477	USD	92
2016-01-01 to 2016-09-30	-542,046	USD	274

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
2017-01-01 to 2017-09-30	-206,055	USD	273
2016-01-01 to 2016-09-30	878,864	USD	274

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
2017-01-01 to 2017-09-30	94,804	USD	273
2016-01-01 to 2016-09-30	72,343	USD	274

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
2017-01-01 to 2017-09-30	-105,243	USD	273
2016-01-01 to 2016-09-30	-127,419	USD	274

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
2017-01-01 to 2017-09-30	-94,804	USD	273
2016-01-01 to 2016-09-30	-101,093	USD	274

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 2017-09-30	-17,201,759	USD
At 2016-12-31	-16,634,371	USD

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	Unit	Days
2017-07-01 to 2017-09-30	USD	92
2017-01-01 to 2017-09-30	USD	273
2016-07-01 to 2016-09-30	USD	92
2016-01-01 to 2016-09-30	USD	274

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 2017-09-30	750,101	USD
At 2016-12-31	877,170	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
2017-01-01 to 2017-09-30	44,547	USD	273
2016-01-01 to 2016-09-30	23,930	USD	274

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
2017-07-01 to 2017-09-30	-3	USD	92
2017-01-01 to 2017-09-30	-446,569	USD	273
2016-07-01 to 2016-09-30	7,235	USD	92
2016-01-01 to 2016-09-30	-415,577	USD	274

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 2017-09-30	5,088,618	USD
At 2016-12-31	5,062,075	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 2017-09-30	2,036,567	USD
At 2016-12-31	1,781,812	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 2017-09-30	91,229	USD
At 2016-12-31	151,402	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 2017-09-30	1,280,045	USD
At 2016-12-31	1,204,908	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 2017-09-30	3,150,830	USD
At 2016-12-31	2,739,864	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
2017-07-01 to 2017-09-30	638,590	USD	92
2017-01-01 to 2017-09-30	1,821,219	USD	273
2016-07-01 to 2016-09-30	570,029	USD	92
2016-01-01 to 2016-09-30	1,845,959	USD	274

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 2017-09-30	14,701,959	USD
At 2016-12-31	14,607,155	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 2017-09-30	13,951,858	USD
At 2016-12-31	13,729,985	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 2017-09-30	38,298	USD
At 2016-12-31	30,338	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
2017-01-01 to 2017-09-30	282,046	USD	273
2016-01-01 to 2016-09-30	339,903	USD	274

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
2017-07-01 to 2017-09-30	-39,860	USD	92
2017-01-01 to 2017-09-30	-120,819	USD	273
2016-07-01 to 2016-09-30	-41,712	USD	92
2016-01-01 to 2016-09-30	-126,469	USD	274

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
2017-01-01 to 2017-09-30	122,278	USD	273
2016-01-01 to 2016-09-30	90,460	USD	274

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
2017-01-01 to 2017-09-30	1,050	USD	273
2016-01-01 to 2016-09-30	800	USD	274

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
2017-01-01 to 2017-09-30	75,137	USD	273
2016-01-01 to 2016-09-30	-584,533	USD	274

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
2017-01-01 to 2017-09-30	410,966	USD	273
2016-01-01 to 2016-09-30	-303,538	USD	274

Inspect the source

Entity: Inrad Optics, Inc. / CIK 0000719494
Captured: 2026-09-22 19:30 UTC
SEC response SHA-256: ced3a82c2bd9ea3d95748a69b1e50cc9f1bda0e8fa66296a56500ef0d6575d50

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.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000719494.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"])))