TRULEUM, INC.: 10-Q filed 2023-11-21

Name: TRULEUM, INC.: 10-Q filed 2023-11-21
Creator: TRULEUM, INC.
License: https://creativecommons.org/licenses/by/4.0/

What TRULEUM, INC. reported in its quarterly report filed 2023-11-21 (fiscal Q3 2023): 29 published measures, 90 facts as tagged in accession 0001437749-23-032723.

This filing

Form: 10-Q (quarterly report)
Filed: 2023-11-21
Fiscal period: fiscal Q3 2023
Accession: 0001437749-23-032723 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.

Period	Value	Unit	Days
At 2023-09-30	1,987,928	USD
At 2022-12-31	1,757,238	USD

Total liabilities

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

Period	Value	Unit	Days
At 2023-09-30	4,272,365	USD
At 2022-12-31	3,095,862	USD

Stockholders equity

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

Period	Value	Unit
At 2023-09-30	-2,284,437	USD
At 2023-06-30	-1,895,383	USD
At 2023-03-31	-1,736,446	USD
At 2022-12-31	-1,338,624	USD
At 2022-09-30	-1,075,431	USD
At 2022-06-30	-3,270,133	USD
At 2022-03-31	-2,926,598	USD
At 2021-12-31	-2,613,460	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	-545,054	USD	92
2023-01-01 to 2023-09-30	-1,560,073	USD	273
2023-04-01 to 2023-06-30	-555,197	USD	91
2023-01-01 to 2023-03-31	-459,822	USD	90
2022-07-01 to 2022-09-30	-433,518	USD	92
2022-01-01 to 2022-09-30	-1,204,191	USD	273
2022-04-01 to 2022-06-30	-394,535	USD	91
2022-01-01 to 2022-03-31	-376,138	USD	90

Operating cash flow

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

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	-357,977	USD	273
2022-01-01 to 2022-09-30	-1,122,354	USD	273

Revenue

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

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	22,217	USD	92
2023-01-01 to 2023-09-30	129,473	USD	273
2022-07-01 to 2022-09-30	138,900	USD	92
2022-01-01 to 2022-09-30	144,139	USD	273

Financing cash flow

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

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	620,711	USD	273
2022-01-01 to 2022-09-30	3,084,736	USD	273

Investing cash flow

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

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	-347,833	USD	273
2022-01-01 to 2022-09-30	-1,220,512	USD	273

Retained earnings or deficit

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

Period	Value	Unit	Days
At 2023-09-30	-8,652,180	USD
At 2022-12-31	-7,092,107	USD

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.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	21,736,178	shares	92
2023-01-01 to 2023-09-30	21,705,800	shares	273
2022-07-01 to 2022-09-30	20,303,176	shares	92
2022-01-01 to 2022-09-30	19,586,662	shares	273

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.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	-0.03	USD/shares	92
2023-01-01 to 2023-09-30	-0.07	USD/shares	273
2022-07-01 to 2022-09-30	-0.02	USD/shares	92
2022-01-01 to 2022-09-30	-0.06	USD/shares	273

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.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	-0.03	USD/shares	92
2023-01-01 to 2023-09-30	-0.07	USD/shares	273
2022-07-01 to 2022-09-30	-0.02	USD/shares	92
2022-01-01 to 2022-09-30	-0.06	USD/shares	273

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.

Period	Value	Unit	Days
At 2023-09-30	78,094	USD
At 2022-12-31	88,020	USD

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.

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	260,000	USD	273
2022-01-01 to 2022-09-30	237,720	USD	273

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.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	-484,685	USD	92
2023-01-01 to 2023-09-30	-1,399,004	USD	273
2022-07-01 to 2022-09-30	-442,833	USD	92
2022-01-01 to 2022-09-30	-1,145,315	USD	273

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.

Period	Value	Unit	Days
At 2023-09-30	111,401	USD
At 2022-12-31	208,544	USD

Interest expense

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

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	60,369	USD	92
2023-01-01 to 2023-09-30	162,724	USD	273
2022-07-01 to 2022-09-30	56,871	USD	92
2022-01-01 to 2022-09-30	137,273	USD	273

Current liabilities

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

Period	Value	Unit	Days
At 2023-09-30	2,991,000	USD
At 2022-12-31	1,895,215	USD

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.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	422,683	USD	92
2023-01-01 to 2023-09-30	1,195,299	USD	273
2022-07-01 to 2022-09-30	352,634	USD	92
2022-01-01 to 2022-09-30	1,010,921	USD	273

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	-62,002	USD	92
2023-01-01 to 2023-09-30	-203,705	USD	273
2022-07-01 to 2022-09-30	-90,199	USD	92
2022-01-01 to 2022-09-30	-134,394	USD	273

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.

Period	Value	Unit	Days
At 2023-09-30	21,742,178	shares
At 2022-12-31	21,653,326	shares

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.

Period	Value	Unit	Days
At 2023-09-30	6,346,001	USD
At 2022-12-31	5,731,830	USD

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.

Period	Value	Unit	Days
At 2023-09-30	-2,284,437	USD
At 2022-12-31	-1,338,624	USD

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.

Period	Value	Unit	Days
At 2023-09-30	93,198	USD
At 2022-12-31	81,690	USD

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.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	141,983	USD	92
2023-01-01 to 2023-09-30	550,589	USD	273
2022-07-01 to 2022-09-30	215,859	USD	92
2022-01-01 to 2022-09-30	580,453	USD	273

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.

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	20,000	USD	273
2022-01-01 to 2022-09-30	922	USD	273

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.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	-60,369	USD	92
2023-01-01 to 2023-09-30	-161,069	USD	273
2022-07-01 to 2022-09-30	9,315	USD	92
2022-01-01 to 2022-09-30	-58,876	USD	273

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	0	USD	273
2022-01-01 to 2022-09-30	0	USD	273

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.

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	0	USD	273
2022-01-01 to 2022-09-30	7,940	USD	273

Inspect the source

Entity: TRULEUM, INC. / CIK 0000855787
Captured: 2026-09-22 19:31 UTC
SEC response SHA-256: e44abcc4085c56e6e1d3a21797e7d439334d2c58efcb71d1187a300e5f24d681

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import json
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with urlopen("https://canlicapital.com/company-data/0000855787.json") as response:
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print(record["policy"])
for concept in record["concepts"]:
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