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MILESTONE SCIENTIFIC INC.: 10-Q filed 2024-08-14

What MILESTONE SCIENTIFIC INC. reported in its quarterly report filed 2024-08-14 (fiscal Q2 2024): 37 published measures, 107 facts as tagged in accession 0001437749-24-026774.

This filing

Form
10-Q (quarterly report)
Filed
2024-08-14
Fiscal period
fiscal Q2 2024
Accession
0001437749-24-026774 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 2024-06-3012,005,240USD
At 2023-12-3111,371,512USD
At 2023-06-3011,371,512USD

Total liabilities

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

PeriodValueUnitDays
At 2024-06-304,051,363USD
At 2023-12-313,359,000USD

Stockholders equity

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

PeriodValueUnitDays
At 2024-06-307,953,877USD
At 2023-12-318,012,512USD

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 2024-06-305,752,106USD
At 2023-12-312,977,713USD

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 2024-06-30223,638USD91
2024-01-01 to 2024-06-30-1,216,891USD182
2023-04-01 to 2023-06-30-2,216,317USD91
2023-01-01 to 2023-06-30-3,523,983USD181

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 2024-06-30-434,473USD182
2023-01-01 to 2023-06-30-3,027,126USD181

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 2024-06-30238,889USD182
2023-01-01 to 2023-06-30-4,324USD181

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 2024-06-302,969,977USD182
2023-01-01 to 2023-06-30-1,982,376USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2024-06-30-124,556,400USD
At 2023-12-31-123,339,509USD

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 2024-06-3079,966,833shares91
2024-01-01 to 2024-06-3080,412,397shares182
2023-04-01 to 2023-06-3072,333,656shares91
2023-01-01 to 2023-06-3072,048,223shares181

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 2024-06-3079,967,086shares91
2024-01-01 to 2024-06-3080,412,397shares182
2023-04-01 to 2023-06-3072,333,656shares91
2023-01-01 to 2023-06-3072,048,223shares181

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 2024-06-300USD/shares91
2024-01-01 to 2024-06-30-0.02USD/shares182
2023-04-01 to 2023-06-30-0.03USD/shares91
2023-01-01 to 2023-06-30-0.05USD/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 2024-06-3012,989USD
At 2023-12-3110,024USD

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 2024-06-30521,195USD182
2023-01-01 to 2023-06-30793,101USD181

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 2024-06-30-1,780,423USD91
2024-01-01 to 2024-06-30-3,245,491USD182
2023-04-01 to 2023-06-30-2,277,550USD91
2023-01-01 to 2023-06-30-3,620,226USD181

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 2024-06-3011,493,599USD
At 2023-12-3110,794,469USD

Current liabilities

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

PeriodValueUnitDays
At 2024-06-303,826,313USD
At 2023-12-313,076,713USD

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 2024-06-30162,105USD
At 2023-12-31178,636USD

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 2024-06-30386,836USD
At 2023-12-31312,664USD

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 2024-06-303,191,627USD91
2024-01-01 to 2024-06-306,332,798USD182
2023-04-01 to 2023-06-304,167,609USD91
2023-01-01 to 2023-06-307,398,908USD181

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 2024-06-303,329,101USD
At 2023-12-312,638,186USD

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 2024-06-301,411,204USD91
2024-01-01 to 2024-06-303,087,307USD182
2023-04-01 to 2023-06-301,890,059USD91
2023-01-01 to 2023-06-303,778,682USD181

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
2024-04-01 to 2024-06-302,868,182USD91
2024-01-01 to 2024-06-305,903,458USD182
2023-04-01 to 2023-06-303,937,281USD91
2023-01-01 to 2023-06-307,011,012USD181

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
2024-04-01 to 2024-06-30314,968USD91
2024-01-01 to 2024-06-30409,179USD182
2023-04-01 to 2023-06-30213,647USD91
2023-01-01 to 2023-06-30353,994USD181

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 2024-06-3077,194,381shares
At 2023-12-3175,848,507shares

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 2024-06-307,953,877USD
At 2024-03-317,460,409USD
At 2023-12-318,012,512USD
At 2023-06-307,701,663USD
At 2023-03-319,251,875USD
At 2022-12-3110,006,434USD

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 2024-06-30307,724USD
At 2023-12-31355,235USD

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 2024-06-3024,150USD
At 2023-12-3124,150USD

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 2024-06-301,070,276USD
At 2023-12-311,511,717USD

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 2024-06-30774,603USD
At 2023-12-31517,785USD

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 2024-06-30223,638USD91
2024-01-01 to 2024-06-30-1,216,891USD182
2023-04-01 to 2023-06-30-2,228,828USD91
2023-01-01 to 2023-06-30-3,548,159USD181

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
2024-04-01 to 2024-06-30223,638USD91
2024-01-01 to 2024-06-30-1,216,891USD182
2024-01-01 to 2024-03-31-1,440,529USD91
2023-04-01 to 2023-06-30-2,228,828USD91
2023-01-01 to 2023-06-30-3,548,159USD181
2023-01-01 to 2023-03-31-1,319,331USD90

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
2024-01-01 to 2024-06-303,631USD182
2023-01-01 to 2023-06-307,473USD181

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
2024-04-01 to 2024-06-308,477USD91
2024-01-01 to 2024-06-3020,161USD182
2023-04-01 to 2023-06-3016,681USD91
2023-01-01 to 2023-06-3033,902USD181

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
2024-01-01 to 2024-06-3016,530USD182
2023-01-01 to 2023-06-3026,429USD181

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
2024-04-01 to 2024-06-3033,390USD91
2024-01-01 to 2024-06-3065,272USD182
2023-04-01 to 2023-06-3031,882USD91
2023-01-01 to 2023-06-3063,763USD181

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 2024-06-30690,915USD182
2023-01-01 to 2023-06-30400,728USD181

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"])))