SURGE COMPONENTS, INC.: 10-Q filed 2012-04-13
What SURGE COMPONENTS, INC. reported in its quarterly report filed 2012-04-13 (fiscal Q1 2012): 36 published measures, 72 facts as tagged in accession 0001013762-12-000789.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2012-04-13
- Fiscal period
- fiscal Q1 2012
- Accession
- 0001013762-12-000789 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 SURGE COMPONENTS, 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 2012-02-29 | 10,250,598 | USD | |
| At 2011-11-30 | 10,580,627 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-02-29 | 2,761,115 | USD | |
| At 2011-11-30 | 3,223,844 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-02-29 | 7,489,483 | USD | |
| At 2011-11-30 | 7,356,783 | 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 2012-02-29 | 2,795,025 | USD | |
| At 2011-11-30 | 1,905,455 | USD | |
| At 2011-02-28 | 1,167,231 | USD | |
| At 2010-11-28 | 883,331 | 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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | 132,814 | USD | 91 |
| 2010-11-29 to 2011-02-28 | 552,859 | USD | 92 |
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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | 6,685 | USD | 91 |
| 2010-11-29 to 2011-02-28 | 7,583 | USD | 92 |
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 2012-02-29 | -15,520,771 | USD | |
| At 2011-11-30 | -15,647,660 | 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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | 9,035,012 | shares | 91 |
| 2010-11-29 to 2011-02-28 | 8,922,512 | shares | 92 |
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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | 9,682,588 | shares | 91 |
| 2010-11-29 to 2011-02-28 | 9,486,481 | shares | 92 |
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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | 0.01 | USD/shares | 91 |
| 2010-11-29 to 2011-02-28 | 0.06 | USD/shares | 92 |
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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | 0.01 | USD/shares | 91 |
| 2010-11-29 to 2011-02-28 | 0.06 | USD/shares | 92 |
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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | 37,460 | USD | 91 |
| 2010-11-29 to 2011-02-28 | 6,459 | USD | 92 |
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 2012-02-29 | 111,189 | USD | |
| At 2011-11-30 | 118,049 | 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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | 5,811 | USD | 91 |
| 2010-11-29 to 2011-02-28 | 3,557 | USD | 92 |
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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | 169,960 | USD | 91 |
| 2010-11-29 to 2011-02-28 | 566,409 | USD | 92 |
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 2012-02-29 | 8,977,889 | USD | |
| At 2011-11-30 | 9,281,069 | USD |
Interest expense
Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2010-11-29 to 2011-02-28 | 7,754 | USD | 92 |
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 2012-02-29 | 2,741,452 | USD | |
| At 2011-11-30 | 3,207,101 | 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 2012-02-29 | 1,666,929 | USD | |
| At 2011-11-30 | 2,019,980 | 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 2012-02-29 | 3,600,959 | USD | |
| At 2011-11-30 | 4,149,068 | 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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | 1,375,005 | USD | 91 |
| 2010-11-29 to 2011-02-28 | 1,119,879 | USD | 92 |
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 2012-02-29 | 2,123,929 | USD | |
| At 2011-11-30 | 2,802,327 | 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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | 1,544,965 | USD | 91 |
| 2010-11-29 to 2011-02-28 | 1,686,288 | USD | 92 |
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 2012-02-29 | 9,035,012 | shares | |
| At 2011-11-30 | 9,035,012 | 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 2012-02-29 | 23,001,195 | USD | |
| At 2011-11-30 | 22,995,384 | 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 2012-02-29 | 2,083,083 | USD | |
| At 2011-11-30 | 2,069,538 | 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 2012-02-29 | 6,223 | USD | |
| At 2011-11-30 | 6,376 | 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 2012-02-29 | 644,846 | USD | |
| At 2011-11-30 | 669,949 | 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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | 170,274 | USD | 91 |
| 2010-11-29 to 2011-02-28 | 559,318 | USD | 92 |
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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | 126,889 | USD | 91 |
| 2010-11-29 to 2011-02-28 | 544,684 | USD | 92 |
General and administrative expense
General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | 831,759 | USD | 91 |
| 2010-11-29 to 2011-02-28 | 672,950 | USD | 92 |
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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | 314 | USD | 91 |
| 2010-11-29 to 2011-02-28 | -7,091 | USD | 92 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | 24,795 | USD | 91 |
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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | -548,109 | USD | 91 |
| 2010-11-29 to 2011-02-28 | -506,446 | USD | 92 |
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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | -678,398 | USD | 91 |
| 2010-11-29 to 2011-02-28 | -398,658 | USD | 92 |
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 |
|---|---|---|---|
| 2011-12-01 to 2012-02-29 | -353,051 | USD | 91 |
| 2010-11-29 to 2011-02-28 | -860,989 | USD | 92 |
Inspect the source
- Entity
- SURGE COMPONENTS, INC. / CIK 0000747540
- Captured
- 2026-09-19T15:01:40.559Z
- SEC response SHA-256
38e3c0ba834af2e8c727844d85f443cef0fae49c86bd7dff3ed2ac029a11386f
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import json
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with urlopen("https://canlicapital.com/company-data/0000747540.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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