Inrad Optics, Inc.: 10-Q filed 2018-11-14
What Inrad Optics, Inc. reported in its quarterly report filed 2018-11-14 (fiscal Q3 2018): 36 published measures, 98 facts as tagged in accession 0001144204-18-059691.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2018-11-14
- Fiscal period
- fiscal Q3 2018
- Accession
- 0001144204-18-059691 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 2018-09-30 | 6,711,859 | USD | |
| At 2017-12-31 | 6,542,505 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2018-09-30 | 4,295,458 | USD | |
| At 2017-12-31 | 4,857,058 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2018-09-30 | 2,416,401 | USD | |
| At 2017-12-31 | 1,685,447 | 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 2018-09-30 | 890,409 | USD | |
| At 2017-12-31 | 799,953 | USD | |
| At 2017-09-30 | 567,231 | USD | |
| At 2016-12-31 | 973,333 | 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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 306,715 | USD | 92 |
| 2018-01-01 to 2018-09-30 | 584,982 | USD | 273 |
| 2017-07-01 to 2017-09-30 | -39,863 | USD | 92 |
| 2017-01-01 to 2017-09-30 | -567,388 | 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 |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | 230,714 | USD | 273 |
| 2017-01-01 to 2017-09-30 | -206,055 | 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 |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | 130,075 | USD | 273 |
| 2017-01-01 to 2017-09-30 | 94,804 | 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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 2,788,863 | USD | 92 |
| 2018-01-01 to 2018-09-30 | 8,814,767 | USD | 273 |
| 2017-07-01 to 2017-09-30 | 2,529,623 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 7,300,874 | USD | 273 |
Contract revenue excluding tax
Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 2,788,863 | USD | 92 |
| 2018-01-01 to 2018-09-30 | 8,814,767 | USD | 273 |
| 2017-07-01 to 2017-09-30 | 2,529,623 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 7,300,874 | 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 |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | -9,308 | USD | 273 |
| 2017-01-01 to 2017-09-30 | -105,243 | 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 |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | -130,950 | USD | 273 |
| 2017-01-01 to 2017-09-30 | -94,804 | 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 2018-09-30 | -16,731,920 | USD | |
| At 2017-12-31 | -17,316,902 | 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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 13,627,888 | shares | 92 |
| 2018-01-01 to 2018-09-30 | 13,541,331 | shares | 273 |
| 2017-07-01 to 2017-09-30 | 13,508,267 | shares | 92 |
| 2017-01-01 to 2017-09-30 | 13,318,228 | 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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 13,992,925 | shares | 92 |
| 2018-01-01 to 2018-09-30 | 13,921,616 | shares | 273 |
| 2017-07-01 to 2017-09-30 | 13,508,267 | shares | 92 |
| 2017-01-01 to 2017-09-30 | 13,318,228 | 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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 0.02 | USD/shares | 92 |
| 2018-01-01 to 2018-09-30 | 0.04 | USD/shares | 273 |
| 2017-07-01 to 2017-09-30 | 0 | USD/shares | 92 |
| 2017-01-01 to 2017-09-30 | -0.04 | 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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 0.02 | USD/shares | 92 |
| 2018-01-01 to 2018-09-30 | 0.04 | USD/shares | 273 |
| 2017-07-01 to 2017-09-30 | 0 | USD/shares | 92 |
| 2017-01-01 to 2017-09-30 | -0.04 | USD/shares | 273 |
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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 0 | USD | 92 |
| 2018-01-01 to 2018-09-30 | 0 | USD | 273 |
| 2017-07-01 to 2017-09-30 | 0 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 0 | USD | 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 2018-09-30 | 661,965 | USD | |
| At 2017-12-31 | 712,788 | 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 |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | 53,192 | USD | 273 |
| 2017-01-01 to 2017-09-30 | 44,547 | 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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 346,730 | USD | 92 |
| 2018-01-01 to 2018-09-30 | 706,455 | USD | 273 |
| 2017-07-01 to 2017-09-30 | -3 | USD | 92 |
| 2017-01-01 to 2017-09-30 | -446,569 | 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 2018-09-30 | 5,422,692 | USD | |
| At 2017-12-31 | 5,158,252 | 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 2018-09-30 | 1,547,028 | USD | |
| At 2017-12-31 | 2,099,320 | 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 2018-09-30 | 40,615 | USD | |
| At 2017-12-31 | 70,219 | 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 2018-09-30 | 1,532,296 | USD | |
| At 2017-12-31 | 1,034,398 | 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 2018-09-30 | 2,873,288 | USD | |
| At 2017-12-31 | 3,196,001 | 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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 579,254 | USD | 92 |
| 2018-01-01 to 2018-09-30 | 1,648,325 | USD | 273 |
| 2017-07-01 to 2017-09-30 | 638,590 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 1,821,219 | USD | 273 |
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 2018-09-30 | 14,672,634 | USD | |
| At 2017-12-31 | 14,726,638 | 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 2018-09-30 | 14,010,669 | USD | |
| At 2017-12-31 | 14,013,850 | 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 2018-09-30 | 24,240 | USD | |
| At 2017-12-31 | 37,486 | 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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 306,715 | USD | 92 |
| 2018-01-01 to 2018-09-30 | 584,981 | USD | 273 |
| 2017-07-01 to 2017-09-30 | -39,863 | USD | 92 |
| 2017-01-01 to 2017-09-30 | -567,387 | 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 |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | 210,502 | USD | 273 |
| 2017-01-01 to 2017-09-30 | 282,046 | USD | 273 |
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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | -40,015 | USD | 92 |
| 2018-01-01 to 2018-09-30 | -121,473 | USD | 273 |
| 2017-07-01 to 2017-09-30 | -39,860 | USD | 92 |
| 2017-01-01 to 2017-09-30 | -120,819 | 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 |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | 105,490 | USD | 273 |
| 2017-01-01 to 2017-09-30 | 122,278 | 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 |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | 0 | USD | 273 |
| 2017-01-01 to 2017-09-30 | 1,050 | 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 |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | 497,898 | USD | 273 |
| 2017-01-01 to 2017-09-30 | 75,137 | USD | 273 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | -322,713 | USD | 273 |
| 2017-01-01 to 2017-09-30 | 410,966 | USD | 273 |
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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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"]:
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