FRANKLIN WIRELESS CORP.: 10-Q filed 2019-05-22

Name: FRANKLIN WIRELESS CORP.: 10-Q filed 2019-05-22
Creator: FRANKLIN WIRELESS CORP.

What FRANKLIN WIRELESS CORP. reported in its quarterly report filed 2019-05-22 (fiscal Q3 2019): 51 published measures, 144 facts as tagged in accession 0001683168-19-001675.

This filing

Form: 10-Q (quarterly report)
Filed: 2019-05-22
Fiscal period: fiscal Q3 2019
Accession: 0001683168-19-001675 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 2019-03-31	23,094,648	USD
At 2018-06-30	25,136,638	USD

Total liabilities

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

Period	Value	Unit	Days
At 2019-03-31	6,958,475	USD
At 2018-06-30	8,101,281	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2019-03-31	15,612,238	USD
At 2018-06-30	16,114,347	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 2019-03-31	10,763,321	USD
At 2018-06-30	11,975,944	USD
At 2018-03-31	12,070,658	USD
At 2017-06-30	14,285,001	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
2019-01-01 to 2019-03-31	-157,814	USD	90
2018-07-01 to 2019-03-31	-494,459	USD	274
2018-01-01 to 2018-03-31	-140,722	USD	90
2017-07-01 to 2018-03-31	-1,309,024	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
2018-07-01 to 2019-03-31	-717,026	USD	274
2017-07-01 to 2018-03-31	-2,003,255	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
2018-07-01 to 2019-03-31	63,779	USD	274
2017-07-01 to 2018-03-31	21,798	USD	274

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2019-01-01 to 2019-03-31	8,966,140	USD	90
2018-07-01 to 2019-03-31	31,480,832	USD	274
2018-01-01 to 2018-03-31	6,565,442	USD	90
2017-07-01 to 2018-03-31	22,562,054	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
2018-07-01 to 2019-03-31	0	USD	274
2017-07-01 to 2018-03-31	67,000	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
2018-07-01 to 2019-03-31	-487,947	USD	274
2017-07-01 to 2018-03-31	-351,704	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 2019-03-31	13,259,106	USD
At 2018-06-30	13,753,565	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
2019-01-01 to 2019-03-31	10,570,203	shares	90
2018-07-01 to 2019-03-31	10,570,203	shares	274
2018-01-01 to 2018-03-31	10,570,203	shares	90
2017-07-01 to 2018-03-31	10,570,203	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
2019-01-01 to 2019-03-31	10,570,203	shares	90
2018-07-01 to 2019-03-31	10,570,203	shares	274
2018-01-01 to 2018-03-31	10,570,203	shares	90
2017-07-01 to 2018-03-31	10,570,203	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
2019-01-01 to 2019-03-31	-0.01	USD/shares	90
2018-07-01 to 2019-03-31	-0.05	USD/shares	274
2018-01-01 to 2018-03-31	-0.01	USD/shares	90
2017-07-01 to 2018-03-31	-0.12	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
2019-01-01 to 2019-03-31	-0.01	USD/shares	90
2018-07-01 to 2019-03-31	-0.05	USD/shares	274
2018-01-01 to 2018-03-31	-0.01	USD/shares	90
2017-07-01 to 2018-03-31	-0.12	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
2019-01-01 to 2019-03-31	-108,244	USD	90
2018-07-01 to 2019-03-31	-185,284	USD	274
2018-01-01 to 2018-03-31	-182,175	USD	90
2017-07-01 to 2018-03-31	-83,055	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 2019-03-31	115,392	USD
At 2018-06-30	124,072	USD

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
2019-01-01 to 2019-03-31	-387,661	USD	90
2018-07-01 to 2019-03-31	-986,663	USD	274
2018-01-01 to 2018-03-31	-425,058	USD	90
2017-07-01 to 2018-03-31	-1,561,067	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 2019-03-31	19,582,243	USD
At 2018-06-30	21,749,507	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 2019-03-31	6,958,475	USD
At 2018-06-30	8,101,281	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 2019-03-31	6,640,408	USD
At 2018-06-30	7,609,585	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 2019-03-31	273,285	USD
At 2018-06-30	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 2019-03-31	7,939,002	USD
At 2018-06-30	7,907,117	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
2019-01-01 to 2019-03-31	1,982,766	USD	90
2018-07-01 to 2019-03-31	6,036,051	USD	274
2018-01-01 to 2018-03-31	1,868,907	USD	90
2017-07-01 to 2018-03-31	5,843,981	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 2019-03-31	771,242	USD
At 2018-06-30	1,615,332	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
2019-01-01 to 2019-03-31	1,595,105	USD	90
2018-07-01 to 2019-03-31	5,049,388	USD	274
2018-01-01 to 2018-03-31	1,443,849	USD	90
2017-07-01 to 2018-03-31	4,282,914	USD	274

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2019-01-01 to 2019-03-31	7,371,035	USD	90
2018-07-01 to 2019-03-31	26,431,444	USD	274
2018-01-01 to 2018-03-31	5,121,593	USD	90
2017-07-01 to 2018-03-31	18,279,140	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
2019-01-01 to 2019-03-31	1,268,674	USD	90
2018-07-01 to 2019-03-31	3,849,296	USD	274
2018-01-01 to 2018-03-31	1,124,113	USD	90
2017-07-01 to 2018-03-31	3,202,455	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
2019-01-01 to 2019-03-31	714,092	USD	90
2018-07-01 to 2019-03-31	2,186,755	USD	274
2018-01-01 to 2018-03-31	744,794	USD	90
2017-07-01 to 2018-03-31	2,641,526	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 2019-03-31	10,570,203	shares
At 2018-06-30	10,570,203	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 2019-03-31	7,442,272	USD
At 2018-06-30	7,442,272	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 2019-03-31	-589,633	USD
At 2018-06-30	-581,983	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
At 2019-03-31	16,136,173	USD
At 2018-06-30	17,035,357	USD
At 2018-03-31	17,869,992	USD
At 2017-06-30	19,109,110	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 2019-03-31	1,740,747	USD
At 2018-06-30	1,676,968	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 2019-03-31	1,625,355	USD
At 2018-06-30	1,552,896	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 2019-03-31	846,838	USD
At 2018-06-30	996,708	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 2019-03-31	237,335	USD
At 2018-06-30	139,637	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 2019-03-31	242,857	USD
At 2018-06-30	259,348	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 2019-03-31	24,182	USD
At 2018-06-30	19,034	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
2019-01-01 to 2019-03-31	-335,756	USD	90
2018-07-01 to 2019-03-31	-842,488	USD	274
2018-01-01 to 2018-03-31	-371,156	USD	90
2017-07-01 to 2018-03-31	-1,462,789	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
2019-01-01 to 2019-03-31	-227,512	USD	90
2018-07-01 to 2019-03-31	-657,204	USD	274
2018-01-01 to 2018-03-31	-188,981	USD	90
2017-07-01 to 2018-03-31	-1,379,734	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
2019-01-01 to 2019-03-31	-162,165	USD	90
2018-07-01 to 2019-03-31	-502,109	USD	274
2018-01-01 to 2018-03-31	-145,289	USD	90
2017-07-01 to 2018-03-31	-1,235,408	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
2019-01-01 to 2019-03-31	17,889	USD	90
2018-07-01 to 2019-03-31	72,459	USD	274
2018-01-01 to 2018-03-31	30,181	USD	90
2017-07-01 to 2018-03-31	94,084	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
2018-07-01 to 2019-03-31	339,708	USD	274
2017-07-01 to 2018-03-31	363,140	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
2019-01-01 to 2019-03-31	2,984	USD	90
2018-07-01 to 2019-03-31	-3,322	USD	274
2018-01-01 to 2018-03-31	-3,838	USD	90
2017-07-01 to 2018-03-31	-59,720	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
2019-01-01 to 2019-03-31	51,905	USD	90
2018-07-01 to 2019-03-31	144,175	USD	274
2018-01-01 to 2018-03-31	53,902	USD	90
2017-07-01 to 2018-03-31	98,278	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
2018-07-01 to 2019-03-31	82,674	USD	274
2017-07-01 to 2018-03-31	7,513	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
2018-07-01 to 2019-03-31	800	USD	274
2017-07-01 to 2018-03-31	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
2018-07-01 to 2019-03-31	31,885	USD	274
2017-07-01 to 2018-03-31	-4,777,182	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
2018-07-01 to 2019-03-31	-844,090	USD	274
2017-07-01 to 2018-03-31	-2,022,713	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
2018-07-01 to 2019-03-31	-969,177	USD	274
2017-07-01 to 2018-03-31	-7,719,647	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

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.

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Read the published dataset with Python

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"])))