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MILESTONE SCIENTIFIC INC.: 10-Q filed 2021-08-13

What MILESTONE SCIENTIFIC INC. reported in its quarterly report filed 2021-08-13 (fiscal Q2 2021): 43 published measures, 120 facts as tagged in accession 0001437749-21-019885.

This filing

Form
10-Q (quarterly report)
Filed
2021-08-13
Fiscal period
fiscal Q2 2021
Accession
0001437749-21-019885 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 MILESTONE SCIENTIFIC INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2021-06-3021,059,666USD
At 2020-12-3119,571,450USD

Total liabilities

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

PeriodValueUnitDays
At 2021-06-303,491,496USD
At 2020-12-313,464,482USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-06-3017,691,909USD
At 2020-12-3116,201,394USD

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 2021-06-3015,977,330USD
At 2020-12-3114,223,917USD

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
2021-04-01 to 2021-06-30-2,680,468USD91
2021-01-01 to 2021-06-30-3,653,337USD181
2020-04-01 to 2020-06-30-3,166,464USD91
2020-01-01 to 2020-06-30-4,766,679USD182

Operating cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-06-30-2,070,310USD181
2020-01-01 to 2020-06-30-4,111,504USD182

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2021-01-01 to 2021-06-3013,075USD181
2020-01-01 to 2020-06-3015,499USD182

Financing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-06-303,836,798USD181
2020-01-01 to 2020-06-3019,220,948USD182

Investing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-06-30-13,075USD181
2020-01-01 to 2020-06-30-15,499USD182

Retained earnings or deficit

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

PeriodValueUnitDays
At 2021-06-30-104,539,294USD
At 2020-12-31-100,885,957USD

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
2021-04-01 to 2021-06-3069,220,795shares91
2021-01-01 to 2021-06-3068,286,033shares181
2020-04-01 to 2020-06-3056,694,793shares91
2020-01-01 to 2020-06-3051,728,806shares182

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
2021-04-01 to 2021-06-3069,220,795shares91
2021-01-01 to 2021-06-3068,286,033shares181
2020-04-01 to 2020-06-3056,694,793shares91
2020-01-01 to 2020-06-3051,728,806shares182

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
2021-04-01 to 2021-06-30-0.04USD/shares91
2021-01-01 to 2021-06-30-0.05USD/shares181
2020-04-01 to 2020-06-30-0.06USD/shares91
2020-01-01 to 2020-06-30-0.09USD/shares182

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
2021-04-01 to 2021-06-30-0.04USD/shares91
2021-01-01 to 2021-06-30-0.05USD/shares181
2020-04-01 to 2020-06-30-0.06USD/shares91
2020-01-01 to 2020-06-30-0.09USD/shares182

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
2021-04-01 to 2021-06-3083USD91
2021-01-01 to 2021-06-30333USD181
2020-04-01 to 2020-06-301,250USD91
2020-01-01 to 2020-06-301,500USD182

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 2021-06-3030,749USD
At 2020-12-3130,729USD

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
2021-01-01 to 2021-06-30307,331USD181
2020-01-01 to 2020-06-3058,219USD182

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
2021-04-01 to 2021-06-30-2,872,572USD91
2021-01-01 to 2021-06-30-3,856,945USD181
2020-04-01 to 2020-06-30-3,172,890USD91
2020-01-01 to 2020-06-30-4,781,496USD182

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 2021-06-3020,105,174USD
At 2020-12-3118,554,869USD

Current liabilities

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

PeriodValueUnitDays
At 2021-06-302,948,655USD
At 2020-12-312,877,894USD

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 2021-06-30582,684USD
At 2020-12-31482,972USD

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 2021-06-30306,544USD
At 2020-12-31329,249USD

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 2021-06-30812,341USD
At 2020-12-311,080,656USD

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
2021-04-01 to 2021-06-304,241,926USD91
2021-01-01 to 2021-06-307,028,593USD181
2020-04-01 to 2020-06-303,284,938USD91
2020-01-01 to 2020-06-306,145,230USD182

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 2021-06-301,479,391USD
At 2020-12-312,420,179USD

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
2021-04-01 to 2021-06-301,369,354USD91
2021-01-01 to 2021-06-303,171,648USD181
2020-04-01 to 2020-06-30112,048USD91
2020-01-01 to 2020-06-301,363,734USD182

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2021-04-01 to 2021-06-304,011,672USD91
2021-01-01 to 2021-06-306,760,969USD181
2020-04-01 to 2020-06-303,155,630USD91
2020-01-01 to 2020-06-305,875,123USD182

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.

PeriodValueUnitDays
2021-04-01 to 2021-06-3014,834USD91
2021-01-01 to 2021-06-3035,760USD181
2020-04-01 to 2020-06-30108,170USD91
2020-01-01 to 2020-06-30215,650USD182

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 2021-06-3067,022,536shares
At 2020-12-3164,138,102shares

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2021-06-3017,568,170USD
At 2021-03-3119,037,089USD
At 2020-12-3116,106,968USD
At 2020-06-3016,968,589USD
At 2020-03-31487,829USD
At 2019-12-311,628,647USD

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 2021-03-31593,049USD
At 2020-12-31597,770USD

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 2021-03-31594,416USD
At 2020-12-31630,012USD

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 2021-06-3024,150USD
At 2020-12-3124,150USD

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 2021-06-301,390,560USD
At 2020-12-31824,454USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2021-06-30442,295USD
At 2020-12-31415,915USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2021-04-01 to 2021-06-30-2,696,793USD91
2021-01-01 to 2021-06-30-3,682,650USD181
2021-01-01 to 2021-03-31-985,857USD90
2020-04-01 to 2020-06-30-3,178,202USD91
2020-01-01 to 2020-06-30-4,791,155USD182
2020-01-01 to 2020-03-31-1,612,953USD91

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.

PeriodValueUnitDays
2021-01-01 to 2021-06-3013,055USD181
2020-01-01 to 2020-06-3031,851USD182

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
2021-04-01 to 2021-06-3014,834USD91
2021-01-01 to 2021-06-3035,760USD181
2020-04-01 to 2020-06-3021,138USD91
2020-01-01 to 2020-06-3054,457USD182

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
2021-01-01 to 2021-06-3022,705USD181
2020-01-01 to 2020-06-3026,506USD182

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2021-01-01 to 2021-06-300USD181
2020-01-01 to 2020-06-3018,003,037USD182

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2021-04-01 to 2021-06-3031,303USD91
2021-01-01 to 2021-06-3062,606USD181
2020-04-01 to 2020-06-3030,820USD91
2020-01-01 to 2020-06-3048,084USD182

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
2021-01-01 to 2021-06-30-268,315USD181
2020-01-01 to 2020-06-30-1,603,379USD182

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
2021-01-01 to 2021-06-30-940,788USD181
2020-01-01 to 2020-06-30231,944USD182

Inspect the source

Entity
MILESTONE SCIENTIFIC INC. / CIK 0000855683
Captured
2026-09-19T11:14:56.895Z
SEC response SHA-256
362fb0aa83d37d18fac469b6e68835a82a547d733d8af8080ddcc72b4e184c75

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.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000855683.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"])))