ELECTRONIC SYSTEMS TECHNOLOGY INC: 10-Q filed 2018-05-03

Name: ELECTRONIC SYSTEMS TECHNOLOGY INC: 10-Q filed 2018-05-03
Creator: ELECTRONIC SYSTEMS TECHNOLOGY INC

What ELECTRONIC SYSTEMS TECHNOLOGY INC reported in its quarterly report filed 2018-05-03 (fiscal Q1 2018): 27 published measures, 54 facts as tagged in accession 0001052918-18-000151.

This filing

Form: 10-Q (quarterly report)
Filed: 2018-05-03
Fiscal period: fiscal Q1 2018
Accession: 0001052918-18-000151 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 ELECTRONIC SYSTEMS TECHNOLOGY 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 2018-03-31	2,027,422	USD
At 2017-12-31	2,114,179	USD

Total liabilities

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

Period	Value	Unit	Days
At 2018-03-31	61,823	USD
At 2017-12-31	44,788	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2018-03-31	1,965,599	USD
At 2017-12-31	2,069,391	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 2018-03-31	391,064	USD
At 2017-12-31	208,101	USD
At 2017-03-31	756,354	USD
At 2016-12-31	502,971	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
2018-01-01 to 2018-03-31	-103,792	USD	90
2017-01-01 to 2017-03-31	-84,487	USD	90

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
2018-01-01 to 2018-03-31	-67,037	USD	90
2017-01-01 to 2017-03-31	6,735	USD	90

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
2017-01-01 to 2017-03-31	-3,352	USD	90

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
2018-01-01 to 2018-03-31	250,000	USD	90
2017-01-01 to 2017-03-31	250,000	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 2018-03-31	1,016,452	USD
At 2017-12-31	1,120,244	USD

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
2018-01-01 to 2018-03-31	0	USD	90
2017-01-01 to 2017-03-31	0	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 2018-03-31	28,675	USD
At 2017-12-31	31,444	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
2018-01-01 to 2018-03-31	-107,523	USD	90
2017-01-01 to 2017-03-31	-87,177	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 2018-03-31	1,998,747	USD
At 2017-12-31	2,082,735	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 2018-03-31	61,823	USD
At 2017-12-31	44,788	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 2018-03-31	33,424	USD
At 2017-12-31	18,969	USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

Period	Value	Unit	Days
2017-01-01 to 2017-03-31	-3,352	USD	90

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
2018-01-01 to 2018-03-31	251,768	USD	90
2017-01-01 to 2017-03-31	282,648	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 2018-03-31	729,371	USD
At 2017-12-31	762,517	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
2018-01-01 to 2018-03-31	144,245	USD	90
2017-01-01 to 2017-03-31	195,471	USD	90

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
2018-01-01 to 2018-03-31	60,637	USD	90
2017-01-01 to 2017-03-31	80,015	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 2018-03-31	4,986,048	shares
At 2017-12-31	4,986,048	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 2018-03-31	944,161	USD
At 2017-12-31	944,161	USD

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
2018-01-01 to 2018-03-31	82,811	USD	90
2017-01-01 to 2017-03-31	88,134	USD	90

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
2018-01-01 to 2018-03-31	2,769	USD	90
2017-01-01 to 2017-03-31	4,985	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
2018-01-01 to 2018-03-31	-18,842	USD	90
2017-01-01 to 2017-03-31	-75,616	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
2018-01-01 to 2018-03-31	33,147	USD	90
2017-01-01 to 2017-03-31	108,211	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
2018-01-01 to 2018-03-31	14,455	USD	90
2017-01-01 to 2017-03-31	41,262	USD	90

Inspect the source

Entity: ELECTRONIC SYSTEMS TECHNOLOGY INC / CIK 0000752294
Captured: 2026-09-21T17:16:55.161Z
SEC response SHA-256: 1af644c10c915c12c4d7cc6320c6650d7086ee5e42f04816a915cc3f500f9e7a

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000752294.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"])))