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KonaTel, Inc.: 10-Q filed 2024-08-14

What KonaTel, Inc. reported in its quarterly report filed 2024-08-14 (fiscal Q2 2024): 44 published measures, 120 facts as tagged in accession 0001515971-24-000071.

This filing

Form
10-Q (quarterly report)
Filed
2024-08-14
Fiscal period
fiscal Q2 2024
Accession
0001515971-24-000071 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 KonaTel, Inc. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2024-06-307,993,465USD
At 2023-12-314,809,684USD

Total liabilities

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

PeriodValueUnitDays
At 2024-06-303,545,487USD
At 2023-12-317,823,089USD

Stockholders equity

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

PeriodValueUnitDays
At 2024-06-304,447,978USD
At 2024-03-315,334,998USD
At 2023-12-31-3,013,405USD
At 2023-06-30-1,316,985USD
At 2023-03-31-275,485USD
At 2022-12-31455,363USD

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 2024-06-303,681,162USD
At 2023-12-31777,103USD

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
2024-04-01 to 2024-06-30-1,109,697USD91
2024-01-01 to 2024-06-306,973,387USD182
2023-04-01 to 2023-06-30-1,222,720USD91
2023-01-01 to 2023-06-30-2,137,417USD181

Operating cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-30-2,990,950USD182
2023-01-01 to 2023-06-30-1,384,861USD181

Revenue

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

PeriodValueUnitDays
2024-04-01 to 2024-06-304,343,179USD91
2024-01-01 to 2024-06-309,979,016USD182
2023-04-01 to 2023-06-304,601,426USD91
2023-01-01 to 2023-06-308,633,145USD181

Financing cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-30-3,663,500USD182
2023-01-01 to 2023-06-30464,000USD181

Investing cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-309,558,509USD182

Retained earnings or deficit

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

PeriodValueUnitDays
At 2024-06-30-5,265,304USD
At 2023-12-31-12,238,691USD

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
2024-04-01 to 2024-06-3043,412,602shares91
2024-01-01 to 2024-06-3043,301,670shares182
2023-04-01 to 2023-06-3042,520,720shares91
2023-01-01 to 2023-06-3042,539,672shares181

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
2024-04-01 to 2024-06-3043,412,602shares91
2024-01-01 to 2024-06-3043,301,670shares182
2023-04-01 to 2023-06-3042,520,720shares91
2023-01-01 to 2023-06-3042,539,672shares181

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
2024-04-01 to 2024-06-30-0.03USD/shares91
2024-01-01 to 2024-06-300.16USD/shares182
2023-04-01 to 2023-06-30-0.03USD/shares91
2023-01-01 to 2023-06-30-0.05USD/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
2024-04-01 to 2024-06-30-0.03USD/shares91
2024-01-01 to 2024-06-300.16USD/shares182
2023-04-01 to 2023-06-30-0.03USD/shares91
2023-01-01 to 2023-06-30-0.05USD/shares181

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
2024-04-01 to 2024-06-30-149,428USD91

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 2024-06-3019,285USD
At 2023-12-3124,184USD

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
2024-01-01 to 2024-06-30446,747USD182
2023-01-01 to 2023-06-30282,569USD181

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
2024-04-01 to 2024-06-30-1,254,362USD91
2024-01-01 to 2024-06-30-2,101,317USD182
2023-04-01 to 2023-06-30-1,000,298USD91
2023-01-01 to 2023-06-30-1,696,743USD181

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 2024-06-307,193,743USD
At 2023-12-313,633,378USD

Interest expense

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

PeriodValueUnitDays
2024-01-01 to 2024-06-30104,329USD182
2023-04-01 to 2023-06-30179,630USD91
2023-01-01 to 2023-06-30341,132USD181

Current liabilities

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

PeriodValueUnitDays
At 2024-06-303,271,030USD
At 2023-12-317,492,578USD

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 2024-06-30323,468USD
At 2023-12-31634,251USD

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 2024-06-301,840,237USD
At 2023-12-311,496,799USD

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
2024-04-01 to 2024-06-302,154,069USD91
2024-01-01 to 2024-06-304,128,529USD182
2023-04-01 to 2023-06-301,774,350USD91
2023-01-01 to 2023-06-303,472,674USD181

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 2024-06-30554,859USD
At 2023-12-311,229,770USD

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
2024-04-01 to 2024-06-30899,707USD91
2024-01-01 to 2024-06-302,027,212USD182
2023-04-01 to 2023-06-30774,052USD91
2023-01-01 to 2023-06-301,775,931USD181

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
2024-04-01 to 2024-06-303,443,472USD91
2024-01-01 to 2024-06-307,951,804USD182
2023-04-01 to 2023-06-303,827,374USD91
2023-01-01 to 2023-06-306,857,214USD181

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 2024-06-3043,472,954shares
At 2023-12-3143,145,720shares

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 2024-06-309,669,809USD
At 2023-12-319,182,140USD

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 2024-06-30382,426USD
At 2023-12-31443,328USD

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 2024-06-30406,244USD

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 2024-06-30461,611USD
At 2023-12-31461,611USD

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 2024-06-30442,326USD
At 2023-12-31437,427USD

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 2024-06-30705,894USD
At 2023-12-311,077,579USD

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 2024-06-3074,543USD
At 2023-12-3174,543USD

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
2024-04-01 to 2024-06-30-1,259,125USD91
2024-01-01 to 2024-06-306,973,387USD182
2023-04-01 to 2023-06-30-1,222,720USD91
2023-01-01 to 2023-06-30-2,137,417USD181

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
2024-04-01 to 2024-06-3044,573USD91
2024-01-01 to 2024-06-30105,968USD182
2023-04-01 to 2023-06-3043,259USD91
2023-01-01 to 2023-06-3083,492USD181

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
2024-01-01 to 2024-06-304,899USD182
2023-01-01 to 2023-06-306,176USD181

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
2024-04-01 to 2024-06-300USD91
2024-01-01 to 2024-06-300USD182
2023-04-01 to 2023-06-300USD91
2023-01-01 to 2023-06-300USD181

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
2024-04-01 to 2024-06-30-4,763USD91
2024-01-01 to 2024-06-30-68,693USD182
2023-04-01 to 2023-06-30-42,792USD91
2023-01-01 to 2023-06-30-99,542USD181

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
2024-04-01 to 2024-06-30-4,763USD91
2024-01-01 to 2024-06-309,074,704USD182
2023-04-01 to 2023-06-30-222,422USD91
2023-01-01 to 2023-06-30-440,674USD181

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
2024-01-01 to 2024-06-3054,750USD182
2023-01-01 to 2023-06-30133,500USD181

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
2024-01-01 to 2024-06-30344,885USD182
2023-01-01 to 2023-06-30-71,762USD181

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
2024-01-01 to 2024-06-30-674,911USD182
2023-01-01 to 2023-06-30266,648USD181

Inspect the source

Entity
KonaTel, Inc. / CIK 0000845819
Captured
2026-09-19T15:09:39.153Z
SEC response SHA-256
63564e75f5d6d5beb0e22c5f843091f98637b486f9c6e38d812853993713326f

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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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000845819.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"])))