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NextTrip, Inc.: 10-Q filed 2023-08-14

What NextTrip, Inc. reported in its quarterly report filed 2023-08-14 (fiscal Q2 2023): 38 published measures, 111 facts as tagged in accession 0001493152-23-028422.

This filing

Form
10-Q (quarterly report)
Filed
2023-08-14
Fiscal period
fiscal Q2 2023
Accession
0001493152-23-028422 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 NextTrip, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2023-06-302,934,234USD
At 2022-12-315,703,908USD

Total liabilities

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

PeriodValueUnitDays
At 2023-06-30542,945USD
At 2022-12-31629,198USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-06-302,391,289USD
At 2023-03-313,555,100USD
At 2022-12-315,074,710USD
At 2022-06-308,810,533USD
At 2022-03-3110,856,766USD
At 2021-12-3112,859,751USD

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 2023-06-30368,443USD
At 2022-12-312,845,931USD

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
2023-04-01 to 2023-06-30-1,308,094USD91
2023-01-01 to 2023-06-30-3,059,794USD181
2022-04-01 to 2022-06-30-2,247,170USD91
2022-01-01 to 2022-06-30-4,454,565USD181

Operating cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30-2,414,881USD181
2022-01-01 to 2022-06-30-4,314,503USD181

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2023-04-01 to 2023-06-3097,043USD91
2023-01-01 to 2023-06-30227,202USD181
2022-04-01 to 2022-06-30236,660USD91
2022-01-01 to 2022-06-30288,504USD181

Investing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30-62,607USD181
2022-01-01 to 2022-06-30-199,045USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-06-30-52,524,277USD
At 2022-12-31-49,342,484USD

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
2023-04-01 to 2023-06-3010,772,713shares91
2023-01-01 to 2023-06-3010,731,922shares181
2022-04-01 to 2022-06-3010,498,802shares91
2022-01-01 to 2022-06-3010,498,802shares181

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
2023-04-01 to 2023-06-3010,772,713shares91
2023-01-01 to 2023-06-3010,731,922shares181
2022-04-01 to 2022-06-3010,498,802shares91
2022-01-01 to 2022-06-3010,498,802shares181

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
2023-04-01 to 2023-06-30-0.12USD/shares91
2023-01-01 to 2023-06-30-0.29USD/shares181
2022-04-01 to 2022-06-30-0.22USD/shares91
2022-01-01 to 2022-06-30-0.43USD/shares181

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
2023-04-01 to 2023-06-30-0.12USD/shares91
2023-01-01 to 2023-06-30-0.29USD/shares181
2022-04-01 to 2022-06-30-0.22USD/shares91
2022-01-01 to 2022-06-30-0.43USD/shares181

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 2023-06-30227,787USD
At 2022-12-31304,903USD

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
2023-04-01 to 2023-06-30-1,304,019USD91
2023-01-01 to 2023-06-30-3,085,668USD181
2022-04-01 to 2022-06-30-2,235,840USD91
2022-01-01 to 2022-06-30-4,519,785USD181

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 2023-06-301,491,036USD
At 2022-12-314,273,720USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2023-04-01 to 2023-06-303,235USD91
2023-01-01 to 2023-06-306,471USD181
2022-04-01 to 2022-06-302,070USD91
2022-01-01 to 2022-06-303,389USD181

Current liabilities

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

PeriodValueUnitDays
At 2023-06-30542,945USD
At 2022-12-31629,198USD

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 2023-06-30300,562USD
At 2022-12-31277,492USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2022-12-31462,609USD

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 2023-06-3045,454USD
At 2022-12-31371,620USD

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
2023-04-01 to 2023-06-301,364,571USD91
2023-01-01 to 2023-06-303,212,715USD181
2022-04-01 to 2022-06-302,279,425USD91
2022-01-01 to 2022-06-304,575,123USD181

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 2023-06-30940,034USD
At 2022-12-31950,943USD

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
2023-04-01 to 2023-06-3060,552USD91
2023-01-01 to 2023-06-30127,047USD181
2022-04-01 to 2022-06-3043,585USD91
2022-01-01 to 2022-06-3055,338USD181

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
2023-04-01 to 2023-06-3036,491USD91
2023-01-01 to 2023-06-30100,155USD181
2022-04-01 to 2022-06-30193,075USD91
2022-01-01 to 2022-06-30233,166USD181

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 2023-06-3010,772,713shares
At 2022-12-3110,498,802shares

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 2023-06-3054,904,792USD
At 2022-12-3154,406,694USD

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 2023-06-301,215,411USD
At 2022-12-311,125,285USD

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 2023-06-30115,195USD
At 2022-12-31231,633USD

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
2023-04-01 to 2023-06-30-1,308,094USD91
2023-01-01 to 2023-06-30-3,059,794USD181
2022-04-01 to 2022-06-30-2,247,170USD91
2022-01-01 to 2022-06-30-4,454,565USD181

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.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-1,318,782USD91
2023-01-01 to 2023-06-30-3,082,229USD181
2022-04-01 to 2022-06-30-2,261,390USD91
2022-01-01 to 2022-06-30-4,483,005USD181

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.

PeriodValueUnitDays
2023-04-01 to 2023-06-3094,190USD91
2023-01-01 to 2023-06-30248,689USD181
2022-04-01 to 2022-06-30303,600USD91
2022-01-01 to 2022-06-30509,032USD181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2023-04-01 to 2023-06-3021,470USD91
2023-01-01 to 2023-06-3049,597USD181
2022-04-01 to 2022-06-3029,861USD91
2022-01-01 to 2022-06-3061,445USD181

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 2023-06-3014,996USD181
2022-01-01 to 2022-06-3010,993USD181

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
2023-04-01 to 2023-06-30-4,075USD91
2023-01-01 to 2023-06-3025,874USD181
2022-04-01 to 2022-06-30-11,330USD91
2022-01-01 to 2022-06-3065,220USD181

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.

PeriodValueUnitDays
2023-01-01 to 2023-06-306,471USD181
2022-01-01 to 2022-06-303,389USD181

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
2023-01-01 to 2023-06-30-326,166USD181
2022-01-01 to 2022-06-30-120,434USD181

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
2023-01-01 to 2023-06-30-10,909USD181
2022-01-01 to 2022-06-3073,586USD181

Inspect the source

Entity
NextTrip, Inc. / CIK 0000788611
Captured
2026-09-19T15:03:59.498Z
SEC response SHA-256
23a6c7ec8e3039b5a61dd48b0dc5ab39318a8131c4cc59c702201a710f500292

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/0000788611.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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