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TRULEUM, INC.: 10-Q filed 2020-11-20

What TRULEUM, INC. reported in its quarterly report filed 2020-11-20 (fiscal Q3 2020): 28 published measures, 99 facts as tagged in accession 0001437749-20-024271.

This filing

Form
10-Q (quarterly report)
Filed
2020-11-20
Fiscal period
fiscal Q3 2020
Accession
0001437749-20-024271 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; a measure with a published history links to it, and the history shows the latest-filed value per period. All TRULEUM, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2020-09-301,035,470USD
At 2019-12-3110,000USD
At 2019-09-3015,350USD

Total liabilities

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

PeriodValueUnitDays
At 2020-09-301,938,909USD
At 2019-12-31567,422USD
At 2019-09-30489,428USD

Stockholders equity

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

PeriodValueUnitDays
At 2020-09-30-903,439USD
At 2020-06-30-628,807USD
At 2020-03-31-596,737USD
At 2019-12-31-557,422USD
At 2019-09-30-474,078USD
At 2019-06-30-325,015USD
At 2019-03-31-283,348USD
At 2018-12-31-729,484USD

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 2020-09-30470USD
At 2019-09-305,350USD

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
2020-07-01 to 2020-09-30-337,632USD92
2020-01-01 to 2020-09-30-575,017USD274
2020-04-01 to 2020-06-30-132,070USD91
2020-01-01 to 2020-03-31-105,315USD91
2019-07-01 to 2019-09-30-216,063USD92
2019-01-01 to 2019-09-30-261,594USD273
2019-04-01 to 2019-06-30-252,667USD91
2019-01-01 to 2019-03-31207,136USD90

Operating cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-30-73,924USD274
2019-01-01 to 2019-09-30-143,515USD273

Revenue

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

PeriodValueUnitDays
2020-01-01 to 2020-09-301,217USD274
2019-07-01 to 2019-09-30873USD92
2019-01-01 to 2019-09-303,857USD273

Financing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-3074,394USD274
2019-01-01 to 2019-09-30148,625USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2020-09-30-2,889,219USD
At 2019-12-31-2,314,202USD
At 2019-09-30-2,142,859USD

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
2020-07-01 to 2020-09-3018,014,580shares92
2020-01-01 to 2020-09-3017,925,910shares274
2019-07-01 to 2019-09-3017,689,993shares92
2019-01-01 to 2019-09-3017,536,065shares273

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
2020-07-01 to 2020-09-3018,014,580shares92
2020-01-01 to 2020-09-3018,074,238shares274
2019-07-01 to 2019-09-3017,689,993shares92
2019-01-01 to 2019-09-3017,678,511shares273

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
2020-07-01 to 2020-09-30-0.02USD/shares92
2020-01-01 to 2020-09-30-0.03USD/shares274
2019-07-01 to 2019-09-30-0.01USD/shares92
2019-01-01 to 2019-09-30-0.01USD/shares273

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
2020-07-01 to 2020-09-30-0.02USD/shares92
2020-01-01 to 2020-09-30-0.03USD/shares274
2019-07-01 to 2019-09-30-0.01USD/shares92
2019-01-01 to 2019-09-30-0.04USD/shares273

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
2020-01-01 to 2020-09-30144,000USD274
2019-01-01 to 2019-09-30304,000USD273

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
2020-07-01 to 2020-09-30-202,668USD92
2020-01-01 to 2020-09-30-477,298USD274
2019-07-01 to 2019-09-30-194,617USD92
2019-01-01 to 2019-09-30-682,147USD273

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 2020-09-305,470USD
At 2019-09-305,350USD

Interest expense

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

PeriodValueUnitDays
2020-07-01 to 2020-09-30107,342USD92
2020-01-01 to 2020-09-30130,721USD274
2019-07-01 to 2019-09-3016,832USD92
2019-01-01 to 2019-09-3045,022USD273

Current liabilities

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

PeriodValueUnitDays
At 2020-09-301,938,066USD
At 2019-12-31453,454USD
At 2019-09-30373,490USD

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 2020-09-30507,385USD
At 2019-12-31300,428USD
At 2019-09-30204,316USD

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
2020-07-01 to 2020-09-30202,047USD92
2020-01-01 to 2020-09-30475,676USD274
2019-07-01 to 2019-09-30195,236USD92
2019-01-01 to 2019-09-30680,935USD273

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
2020-07-01 to 2020-09-30-621USD92
2020-01-01 to 2020-09-30-1,622USD274
2019-07-01 to 2019-09-30619USD92
2019-01-01 to 2019-09-30-1,212USD273

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 2020-09-3018,051,428shares
At 2019-12-3117,822,428shares
At 2019-09-3017,734,428shares

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 2020-09-301,983,973USD
At 2019-12-311,754,997USD
At 2019-09-301,667,006USD

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 2020-09-30-903,439USD
At 2019-12-31-557,422USD
At 2019-09-30-474,078USD

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
2020-07-01 to 2020-09-30-337,632USD92
2020-01-01 to 2020-09-30-575,017USD274
2019-07-01 to 2019-09-30-216,063USD92
2019-01-01 to 2019-09-30-261,594USD273

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
2020-07-01 to 2020-09-30139,172USD92
2020-01-01 to 2020-09-30301,168USD274
2019-07-01 to 2019-09-30142,232USD92
2019-01-01 to 2019-09-30457,061USD273

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
2020-07-01 to 2020-09-30-134,964USD92
2020-01-01 to 2020-09-30-97,719USD274
2019-07-01 to 2019-09-30-21,446USD92
2019-01-01 to 2019-09-30420,553USD273

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
2020-01-01 to 2020-09-3070,000USD274
2019-01-01 to 2019-09-30213,000USD273

Inspect the source

Entity
TRULEUM, INC. / CIK 0000855787
Captured
SEC response SHA-256
e44abcc4085c56e6e1d3a21797e7d439334d2c58efcb71d1187a300e5f24d681

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.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

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Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

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

with urlopen("https://canlicapital.com/company-data/0000855787.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"])))