Skip to content

FRANKLIN WIRELESS CORP.: 10-Q filed 2023-05-15

What FRANKLIN WIRELESS CORP. reported in its quarterly report filed 2023-05-15 (fiscal Q3 2023): 55 published measures, 157 facts as tagged in accession 0001683168-23-003382.

This filing

Form
10-Q (quarterly report)
Filed
2023-05-15
Fiscal period
fiscal Q3 2023
Accession
0001683168-23-003382 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.

PeriodValueUnitDays
At 2023-03-3152,356,848USD
At 2022-06-3052,041,871USD

Total liabilities

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

PeriodValueUnitDays
At 2023-03-3110,447,966USD
At 2022-06-309,439,476USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-03-3140,380,313USD
At 2022-06-3041,032,790USD

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.

PeriodValueUnitDays
At 2023-03-3117,569,754USD
At 2022-06-3026,277,418USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2023-01-01 to 2023-03-31247,629USD90
2022-07-01 to 2023-03-31-1,257,686USD274
2022-07-01 to 2022-12-31-1,505,315USD184
2022-01-01 to 2022-03-31-770,818USD90
2021-07-01 to 2022-03-31-3,060,020USD274
2021-07-01 to 2021-12-31-2,289,202USD184

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2022-07-01 to 2023-03-31-7,044,244USD274
2021-07-01 to 2022-03-31-7,296,402USD274

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2022-07-01 to 2023-03-3145,212USD274
2021-07-01 to 2022-03-3139,570USD274

Revenue

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

PeriodValueUnitDays
2023-01-01 to 2023-03-3111,851,971USD90
2022-07-01 to 2023-03-3128,944,554USD274
2022-01-01 to 2022-03-316,687,287USD90
2021-07-01 to 2022-03-3111,852,936USD274

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2022-07-01 to 2023-03-31134,000USD274
2021-07-01 to 2022-03-3121,595USD274

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2022-07-01 to 2023-03-31-1,731,707USD274
2021-07-01 to 2022-03-31-1,780,484USD274

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2023-03-3130,706,560USD
At 2022-06-3031,964,246USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2023-01-01 to 2023-03-3111,784,280shares90
2022-07-01 to 2023-03-3111,720,776shares274
2022-01-01 to 2022-03-3111,594,280shares90
2021-07-01 to 2022-03-3111,593,857shares274

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.

PeriodValueUnitDays
2023-01-01 to 2023-03-3111,784,280shares90
2022-07-01 to 2023-03-3111,720,776shares274
2022-01-01 to 2022-03-3111,594,280shares90
2021-07-01 to 2022-03-3111,593,857shares274

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.

PeriodValueUnitDays
2023-01-01 to 2023-03-310.02USD/shares90
2022-07-01 to 2023-03-31-0.11USD/shares274
2022-01-01 to 2022-03-31-0.07USD/shares90
2021-07-01 to 2022-03-31-0.26USD/shares274

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.

PeriodValueUnitDays
2023-01-01 to 2023-03-310.02USD/shares90
2022-07-01 to 2023-03-31-0.11USD/shares274
2022-01-01 to 2022-03-31-0.07USD/shares90
2021-07-01 to 2022-03-31-0.26USD/shares274

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2023-01-01 to 2023-03-31-578,664USD90
2022-07-01 to 2023-03-31-563,181USD274
2022-01-01 to 2022-03-31-238,852USD90
2021-07-01 to 2022-03-31-1,126,860USD274

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.

PeriodValueUnitDays
At 2023-03-31109,823USD
At 2022-06-30105,952USD

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.

PeriodValueUnitDays
2022-07-01 to 2023-03-31536,922USD274
2021-07-01 to 2022-03-31373,612USD274

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.

PeriodValueUnitDays
2023-01-01 to 2023-03-31-470,595USD90
2022-07-01 to 2023-03-31-2,452,828USD274
2022-01-01 to 2022-03-31-1,081,569USD90
2021-07-01 to 2022-03-31-4,456,275USD274

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.

PeriodValueUnitDays
At 2023-03-3147,345,195USD
At 2022-06-3048,390,426USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2023-03-3110,447,966USD
At 2022-06-309,280,372USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2023-03-319,307,258USD
At 2022-06-308,143,305USD

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.

PeriodValueUnitDays
At 2023-03-31273,285USD
At 2022-06-30273,285USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2023-03-317,218,350USD
At 2022-06-301,322,619USD

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.

PeriodValueUnitDays
2023-01-01 to 2023-03-312,516,105USD90
2022-07-01 to 2023-03-317,038,242USD274
2022-01-01 to 2022-03-312,440,899USD90
2021-07-01 to 2022-03-316,672,549USD274

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2023-03-315,911,294USD
At 2022-06-304,197,863USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2023-01-01 to 2023-03-312,045,510USD90
2022-07-01 to 2023-03-314,585,414USD274
2022-01-01 to 2022-03-311,359,330USD90
2021-07-01 to 2022-03-312,216,274USD274

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.

PeriodValueUnitDays
2023-01-01 to 2023-03-319,806,461USD90
2022-07-01 to 2023-03-3124,359,140USD274
2022-01-01 to 2022-03-315,327,957USD90
2021-07-01 to 2022-03-319,636,662USD274

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.

PeriodValueUnitDays
2023-01-01 to 2023-03-311,463,433USD90
2022-07-01 to 2023-03-314,039,035USD274
2022-01-01 to 2022-03-311,390,719USD90
2021-07-01 to 2022-03-313,493,328USD274

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.

PeriodValueUnitDays
2023-01-01 to 2023-03-311,052,672USD90
2022-07-01 to 2023-03-312,999,207USD274
2022-01-01 to 2022-03-311,050,180USD90
2021-07-01 to 2022-03-313,179,221USD274

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.

PeriodValueUnitDays
At 2023-03-3111,784,280shares
At 2022-06-3011,684,280shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2023-03-3117,569,754USD
At 2022-06-3026,277,418USD
At 2022-03-3136,454,056USD
At 2021-06-3045,796,006USD

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.

PeriodValueUnitDays
At 2023-03-3114,264,248USD
At 2022-06-3013,593,426USD

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.

PeriodValueUnitDays
At 2023-03-31-1,049,865USD
At 2022-06-30-984,152USD

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.

PeriodValueUnitDays
At 2023-03-3141,908,882USD
At 2022-12-3141,660,598USD
At 2022-06-3042,602,395USD
At 2022-03-3143,267,775USD
At 2021-12-3143,959,197USD
At 2021-06-3046,165,164USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2023-03-31227,814USD
At 2022-06-30448,621USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2023-03-31237,472USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2023-03-31751,839USD
At 2022-06-30971,698USD

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.

PeriodValueUnitDays
At 2023-03-31642,016USD
At 2022-06-30865,746USD

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.

PeriodValueUnitDays
At 2023-03-312,369,406USD
At 2022-06-301,350,056USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2023-03-31125,258USD
At 2022-06-30126,095USD

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.

PeriodValueUnitDays
At 2023-03-31733,407USD
At 2022-06-30589,907USD

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.

PeriodValueUnitDays
At 2023-03-3148,960USD
At 2022-06-3040,939USD

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.

PeriodValueUnitDays
2023-01-01 to 2023-03-31-367,025USD90
2022-07-01 to 2023-03-31-1,861,903USD274
2022-01-01 to 2022-03-31-1,025,448USD90
2021-07-01 to 2022-03-31-4,132,797USD274

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.

PeriodValueUnitDays
2023-01-01 to 2023-03-31211,639USD90
2022-07-01 to 2023-03-31-1,298,722USD274
2022-01-01 to 2022-03-31-786,596USD90
2021-07-01 to 2022-03-31-3,005,937USD274

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.

PeriodValueUnitDays
2023-01-01 to 2023-03-31107,877USD90
2022-07-01 to 2023-03-31-1,323,399USD274
2022-01-01 to 2022-03-31-856,791USD90
2021-07-01 to 2022-03-31-3,346,679USD274

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.

PeriodValueUnitDays
2023-01-01 to 2023-03-3111,316USD90
2022-07-01 to 2023-03-3141,341USD274
2022-01-01 to 2022-03-3122,465USD90
2021-07-01 to 2022-03-3168,105USD274

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.

PeriodValueUnitDays
2023-01-01 to 2023-03-31234,325USD90
2022-07-01 to 2023-03-31595,218USD274
2022-01-01 to 2022-03-31170,406USD90
2021-07-01 to 2022-03-31396,535USD274

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.

PeriodValueUnitDays
2023-01-01 to 2023-03-31111,888USD90
2022-07-01 to 2023-03-31152,971USD274
2022-01-01 to 2022-03-31707USD90
2021-07-01 to 2022-03-311,029USD274

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.

PeriodValueUnitDays
2023-01-01 to 2023-03-31103,570USD90
2022-07-01 to 2023-03-31590,925USD274
2022-01-01 to 2022-03-3156,121USD90
2021-07-01 to 2022-03-31323,478USD274

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2022-07-01 to 2023-03-31-558,631USD274
2021-07-01 to 2022-03-31-1,171,345USD274

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.

PeriodValueUnitDays
2022-07-01 to 2023-03-31-800USD274
2021-07-01 to 2022-03-31-316,355USD274

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.

PeriodValueUnitDays
2022-07-01 to 2023-03-315,886,082USD274
2021-07-01 to 2022-03-31-477,155USD274

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.

PeriodValueUnitDays
2022-07-01 to 2023-03-311,713,431USD274
2021-07-01 to 2022-03-316,676,070USD274

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.

PeriodValueUnitDays
2022-07-01 to 2023-03-311,214,246USD274
2021-07-01 to 2022-03-312,533,695USD274

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.

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/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"])))