FRANKLIN WIRELESS CORP.: 10-Q filed 2016-05-16
What FRANKLIN WIRELESS CORP. reported in its quarterly report filed 2016-05-16 (fiscal Q3 2016): 46 published measures, 130 facts as tagged in accession 0001019687-16-006317.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2016-05-16
- Fiscal period
- fiscal Q3 2016
- Accession
- 0001019687-16-006317 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 FRANKLIN WIRELESS CORP. 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 2016-03-31 | 30,460,100 | USD | |
| At 2015-06-30 | 24,717,467 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-03-31 | 13,142,777 | USD | |
| At 2015-06-30 | 8,442,306 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-03-31 | 16,457,794 | USD | |
| At 2015-06-30 | 15,736,463 | 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 2016-03-31 | 10,182,253 | USD | |
| At 2015-06-30 | 11,822,620 | USD | |
| At 2015-03-31 | 10,831,825 | USD | |
| At 2014-06-30 | 8,240,595 | 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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 391,370 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 1,026,536 | USD | 275 |
| 2015-01-01 to 2015-03-31 | 17,799 | USD | 90 |
| 2014-07-01 to 2015-03-31 | 725,427 | 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 |
|---|---|---|---|
| 2015-07-01 to 2016-03-31 | 82,370 | USD | 275 |
| 2014-07-01 to 2015-03-31 | 34,232 | 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 2016-03-31 | 14,387,627 | USD | |
| At 2015-06-30 | 13,361,091 | 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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 10,414,536 | shares | 91 |
| 2015-07-01 to 2016-03-31 | 10,486,606 | shares | 275 |
| 2015-01-01 to 2015-03-31 | 10,533,869 | shares | 90 |
| 2014-07-01 to 2015-03-31 | 10,533,869 | shares | 274 |
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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 10,630,453 | shares | 91 |
| 2015-07-01 to 2016-03-31 | 10,702,523 | shares | 275 |
| 2015-01-01 to 2015-03-31 | 10,650,609 | shares | 90 |
| 2014-07-01 to 2015-03-31 | 10,650,609 | shares | 274 |
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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 0.04 | USD/shares | 91 |
| 2015-07-01 to 2016-03-31 | 0.1 | USD/shares | 275 |
| 2015-01-01 to 2015-03-31 | 0 | USD/shares | 90 |
| 2014-07-01 to 2015-03-31 | 0.07 | USD/shares | 274 |
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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 0.04 | USD/shares | 91 |
| 2015-07-01 to 2016-03-31 | 0.1 | USD/shares | 275 |
| 2015-01-01 to 2015-03-31 | 0 | USD/shares | 90 |
| 2014-07-01 to 2015-03-31 | 0.07 | USD/shares | 274 |
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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 254,806 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 404,795 | USD | 275 |
| 2015-01-01 to 2015-03-31 | -249,000 | USD | 90 |
| 2014-07-01 to 2015-03-31 | -39,000 | 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 2016-03-31 | 258,179 | USD | |
| At 2015-06-30 | 314,492 | 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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | -12,500 | USD | 91 |
| 2015-07-01 to 2016-03-31 | -37,500 | USD | 275 |
| 2014-07-01 to 2015-03-31 | 52,721 | 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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 446,004 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 1,644,057 | USD | 275 |
| 2015-01-01 to 2015-03-31 | 13,339 | USD | 90 |
| 2014-07-01 to 2015-03-31 | 667,977 | 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 2016-03-31 | 26,781,349 | USD | |
| At 2015-06-30 | 21,097,203 | 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 2016-03-31 | 13,142,777 | USD | |
| At 2015-06-30 | 8,442,306 | 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 2016-03-31 | 12,446,590 | USD | |
| At 2015-06-30 | 7,362,075 | USD | |
| At 2015-03-31 | 4,162,219 | 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 2016-03-31 | 273,285 | USD | |
| At 2015-06-30 | 273,285 | 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 2016-03-31 | 13,537,786 | USD | |
| At 2015-06-30 | 5,464,182 | 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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 2,025,825 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 5,953,685 | USD | 275 |
| 2015-01-01 to 2015-03-31 | 1,867,975 | USD | 90 |
| 2014-07-01 to 2015-03-31 | 6,016,662 | USD | 274 |
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 2016-03-31 | 2,662,362 | USD | |
| At 2015-06-30 | 2,281,667 | 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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 2,471,829 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 7,597,742 | USD | 275 |
| 2015-01-01 to 2015-03-31 | 1,881,314 | USD | 90 |
| 2014-07-01 to 2015-03-31 | 6,684,639 | USD | 274 |
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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 1,332,285 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 3,743,967 | USD | 275 |
| 2015-01-01 to 2015-03-31 | 1,145,194 | USD | 90 |
| 2014-07-01 to 2015-03-31 | 3,777,978 | USD | 274 |
Research and development expense
Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 693,540 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 2,209,718 | USD | 275 |
| 2015-01-01 to 2015-03-31 | 722,781 | USD | 90 |
| 2014-07-01 to 2015-03-31 | 2,238,684 | USD | 274 |
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 2016-03-31 | 10,417,203 | shares | |
| At 2015-06-30 | 10,533,869 | 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 2016-03-31 | 7,286,154 | USD | |
| At 2015-06-30 | 7,305,767 | USD |
Accumulated other comprehensive income or loss
Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-03-31 | -716,327 | USD | |
| At 2015-06-30 | -664,722 | 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 2016-03-31 | 17,317,323 | USD | |
| At 2015-06-30 | 16,275,161 | 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 2016-03-31 | 1,534,223 | USD | |
| At 2015-06-30 | 1,451,853 | 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 2016-03-31 | 1,276,044 | USD | |
| At 2015-06-30 | 1,137,361 | 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 2016-03-31 | 1,225,193 | USD | |
| At 2015-06-30 | 1,042,281 | 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 2016-03-31 | 135,644 | USD | |
| At 2015-06-30 | 129,859 | USD |
Accrued current liabilities
Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-03-31 | 246,421 | USD | |
| At 2015-06-30 | 238,619 | 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 2016-03-31 | 11,631 | USD | |
| At 2015-06-30 | 60,339 | USD |
Pre-tax income or loss from continuing operations
Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 568,629 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 1,752,162 | USD | 275 |
| 2015-01-01 to 2015-03-31 | 36,396 | USD | 90 |
| 2014-07-01 to 2015-03-31 | 1,074,697 | USD | 274 |
Profit or loss including noncontrolling interests
Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 313,823 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 1,347,367 | USD | 275 |
| 2015-01-01 to 2015-03-31 | 285,396 | USD | 90 |
| 2014-07-01 to 2015-03-31 | 1,113,697 | USD | 274 |
Comprehensive income or loss
Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 370,313 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 974,931 | USD | 275 |
| 2015-01-01 to 2015-03-31 | -190,608 | USD | 90 |
| 2014-07-01 to 2015-03-31 | 390,876 | USD | 274 |
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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 39,336 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 138,683 | USD | 275 |
| 2015-01-01 to 2015-03-31 | 58,885 | USD | 90 |
| 2014-07-01 to 2015-03-31 | 180,203 | USD | 274 |
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 |
|---|---|---|---|
| 2015-07-01 to 2016-03-31 | 658,535 | USD | 275 |
| 2014-07-01 to 2015-03-31 | 970,576 | USD | 274 |
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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 120,218 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 99,990 | USD | 275 |
| 2015-01-01 to 2015-03-31 | 20,203 | USD | 90 |
| 2014-07-01 to 2015-03-31 | 398,211 | 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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 122,625 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 108,105 | USD | 275 |
| 2015-01-01 to 2015-03-31 | 23,057 | USD | 90 |
| 2014-07-01 to 2015-03-31 | 406,720 | 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 |
|---|---|---|---|
| 2015-07-01 to 2016-03-31 | 1,067,681 | USD | 275 |
| 2014-07-01 to 2015-03-31 | 0 | 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 |
|---|---|---|---|
| 2015-07-01 to 2016-03-31 | 8,084,784 | USD | 275 |
| 2014-07-01 to 2015-03-31 | -47,227 | 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 |
|---|---|---|---|
| 2015-07-01 to 2016-03-31 | 380,695 | USD | 275 |
| 2014-07-01 to 2015-03-31 | 140,440 | USD | 274 |
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 |
|---|---|---|---|
| 2015-07-01 to 2016-03-31 | 5,084,515 | USD | 275 |
| 2014-07-01 to 2015-03-31 | 1,450,627 | USD | 274 |
Inspect the source
- Entity
- FRANKLIN WIRELESS CORP. / CIK 0000722572
- Captured
- 2026-09-19T14:59:56.743Z
- SEC response SHA-256
28938bf7cc9e041bfc6ca8f5942fcd76af2b95cb0daf44313b466eed72b2bc44
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/0000722572.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"])))