SURGE COMPONENTS, INC.: 10-Q filed 2015-04-14

Name: SURGE COMPONENTS, INC.: 10-Q filed 2015-04-14
Creator: SURGE COMPONENTS, INC.

What SURGE COMPONENTS, INC. reported in its quarterly report filed 2015-04-14 (fiscal Q1 2015): 37 published measures, 77 facts as tagged in accession 0001013762-15-000347.

This filing

Form: 10-Q (quarterly report)
Filed: 2015-04-14
Fiscal period: fiscal Q1 2015
Accession: 0001013762-15-000347 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 2015-02-28	14,899,333	USD
At 2014-11-30	15,380,097	USD

Total liabilities

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

Period	Value	Unit	Days
At 2015-02-28	3,886,864	USD
At 2014-11-30	4,671,169	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2015-02-28	11,012,469	USD
At 2014-11-30	10,708,928	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 2015-02-28	6,306,264	USD
At 2014-11-30	6,174,561	USD
At 2014-02-28	5,009,286	USD
At 2013-11-30	4,288,090	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
2014-12-01 to 2015-02-28	200,317	USD	90
2013-12-01 to 2014-11-30	438,564	USD	365
2013-12-01 to 2014-02-28	185,890	USD	90
2012-12-01 to 2013-11-30	1,244,790	USD	365

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
2014-12-01 to 2015-02-28	32,847	USD	90
2013-12-01 to 2014-02-28	7,607	USD	90

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 2015-02-28	-12,297,689	USD
At 2014-11-30	-12,492,581	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
2014-12-01 to 2015-02-28	9,218,815	shares	90
2013-12-01 to 2014-02-28	9,060,012	shares	90

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
2014-12-01 to 2015-02-28	9,744,341	shares	90
2013-12-01 to 2014-02-28	9,719,066	shares	90

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
2014-12-01 to 2015-02-28	0.02	USD/shares	90
2013-12-01 to 2014-02-28	0.02	USD/shares	90

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
2014-12-01 to 2015-02-28	0.02	USD/shares	90
2013-12-01 to 2014-02-28	0.02	USD/shares	90

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
2014-12-01 to 2015-02-28	83,825	USD	90
2013-12-01 to 2014-02-28	105,167	USD	90

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 2015-02-28	109,289	USD
At 2014-11-30	84,966	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
2013-12-01 to 2014-02-28	5,811	USD	90

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
2014-12-01 to 2015-02-28	282,145	USD	90
2013-12-01 to 2014-02-28	290,368	USD	90

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 2015-02-28	14,038,705	USD
At 2014-11-30	14,395,859	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 2015-02-28	3,845,812	USD
At 2014-11-30	4,630,605	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 2015-02-28	2,803,226	USD
At 2014-11-30	3,288,798	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 2015-02-28	4,216,765	USD
At 2014-11-30	4,433,994	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
2014-12-01 to 2015-02-28	1,562,815	USD	90
2013-12-01 to 2014-02-28	1,414,657	USD	90

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 2015-02-28	2,972,003	USD
At 2014-11-30	3,258,156	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
2014-12-01 to 2015-02-28	1,844,960	USD	90
2013-12-01 to 2014-02-28	1,705,025	USD	90

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 2015-02-28	9,218,815	shares
At 2014-11-30	9,080,012	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 2015-02-28	23,300,917	USD
At 2014-11-30	23,192,407	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 2015-02-28	2,122,940	USD
At 2014-11-30	2,114,416	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 2015-02-28	12,242	USD
At 2014-11-30	11,652	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 2015-02-28	634,508	USD
At 2014-11-30	785,002	USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

Period	Value	Unit	Days
At 2015-02-28	1,108,646	USD
At 2014-11-30	1,183,493	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
2014-12-01 to 2015-02-28	284,142	USD	90
2013-12-01 to 2014-02-28	291,057	USD	90

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
2014-12-01 to 2015-02-28	194,892	USD	90
2013-12-01 to 2014-02-28	179,965	USD	90

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
2014-12-01 to 2015-02-28	1,004,730	USD	90
2013-12-01 to 2014-02-28	880,112	USD	90

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
2014-12-01 to 2015-02-28	1,997	USD	90
2013-12-01 to 2014-02-28	689	USD	90

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

Period	Value	Unit	Days
2014-12-01 to 2015-02-28	8,978	USD	90
2013-12-01 to 2014-02-28	14,129	USD	90

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
2014-12-01 to 2015-02-28	74,847	USD	90
2013-12-01 to 2014-02-28	91,038	USD	90

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
2014-12-01 to 2015-02-28	-208,787	USD	90
2013-12-01 to 2014-02-28	-893,080	USD	90

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
2014-12-01 to 2015-02-28	-286,153	USD	90
2013-12-01 to 2014-02-28	-477,059	USD	90

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
2014-12-01 to 2015-02-28	-485,571	USD	90
2013-12-01 to 2014-02-28	-837,222	USD	90

Inspect the source

Entity: SURGE COMPONENTS, INC. / CIK 0000747540
Captured: 2026-09-19T15:01:40.559Z
SEC response SHA-256: 38e3c0ba834af2e8c727844d85f443cef0fae49c86bd7dff3ed2ac029a11386f

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/0000747540.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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