RAPID FIRE MARKETING, INC.: 10-Q filed 2014-08-14
What RAPID FIRE MARKETING, INC. reported in its quarterly report filed 2014-08-14 (fiscal Q2 2014): 28 published measures, 83 facts as tagged in accession 0001144204-14-049774.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2014-08-14
- Fiscal period
- fiscal Q2 2014
- Accession
- 0001144204-14-049774 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 RAPID FIRE MARKETING, 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 2014-06-30 | 447,948 | USD | |
| At 2013-12-31 | 253,909 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2014-06-30 | 762,273 | USD | |
| At 2013-12-31 | 203,040 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2014-06-30 | -314,325 | USD | |
| At 2013-12-31 | 50,869 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2014-06-30 | 19,402 | USD | |
| At 2013-12-31 | 2,351 | 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 |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 932,767 | USD | 91 |
| 2014-01-01 to 2014-06-30 | -5,549,007 | USD | 181 |
| 2013-04-01 to 2013-06-30 | -325,814 | USD | 91 |
| 2013-01-01 to 2013-06-30 | -746,460 | USD | 181 |
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 2014-06-30 | -19,706,717 | USD | |
| At 2013-12-31 | -14,157,710 | USD |
Basic weighted-average shares
Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 3,541,361,020 | shares | 91 |
| 2014-01-01 to 2014-06-30 | 3,459,829,181 | shares | 181 |
| 2013-04-01 to 2013-06-30 | 2,132,903,791 | shares | 91 |
| 2013-01-01 to 2013-06-30 | 1,887,323,681 | shares | 181 |
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 |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 5,151,449,853 | shares | 91 |
| 2014-01-01 to 2014-06-30 | 3,459,829,181 | shares | 181 |
| 2013-04-01 to 2013-06-30 | 2,132,903,791 | shares | 91 |
| 2013-01-01 to 2013-06-30 | 1,887,323,681 | shares | 181 |
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 |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 0 | USD/shares | 91 |
| 2014-01-01 to 2014-06-30 | 0 | USD/shares | 181 |
| 2013-04-01 to 2013-06-30 | 0 | USD/shares | 91 |
| 2013-01-01 to 2013-06-30 | 0 | USD/shares | 181 |
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 |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 0 | USD/shares | 91 |
| 2014-01-01 to 2014-06-30 | 0 | USD/shares | 181 |
| 2013-04-01 to 2013-06-30 | 0 | USD/shares | 91 |
| 2013-01-01 to 2013-06-30 | 0 | USD/shares | 181 |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 0 | USD | 91 |
| 2014-01-01 to 2014-06-30 | 0 | USD | 181 |
| 2013-04-01 to 2013-06-30 | 0 | USD | 91 |
| 2013-01-01 to 2013-06-30 | 0 | USD | 181 |
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 |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | -290,798 | USD | 91 |
| 2014-01-01 to 2014-06-30 | -595,757 | USD | 181 |
| 2013-04-01 to 2013-06-30 | -183,187 | USD | 91 |
| 2013-01-01 to 2013-06-30 | -391,021 | USD | 181 |
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 2014-06-30 | 359,191 | USD | |
| At 2013-12-31 | 253,909 | 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 |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 106,581 | USD | 91 |
| 2014-01-01 to 2014-06-30 | 135,067 | USD | 181 |
| 2013-04-01 to 2013-06-30 | 176 | USD | 91 |
| 2013-01-01 to 2013-06-30 | 318 | USD | 181 |
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 2014-06-30 | 762,273 | USD | |
| At 2013-12-31 | 203,040 | USD |
Common-stock repurchase payments
Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-01-01 to 2014-06-30 | 0 | USD | 181 |
| 2013-01-01 to 2013-06-30 | 0 | USD | 181 |
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 |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 291,054 | USD | 91 |
| 2014-01-01 to 2014-06-30 | 596,191 | USD | 181 |
| 2013-04-01 to 2013-06-30 | 187,754 | USD | 91 |
| 2013-01-01 to 2013-06-30 | 400,390 | USD | 181 |
Net inventory
Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2014-06-30 | 130,469 | USD | |
| At 2013-12-31 | 130,814 | USD |
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 |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 256 | USD | 91 |
| 2014-01-01 to 2014-06-30 | 434 | USD | 181 |
| 2013-04-01 to 2013-06-30 | 4,567 | USD | 91 |
| 2013-01-01 to 2013-06-30 | 9,369 | USD | 181 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 40,625 | USD | 91 |
| 2014-01-01 to 2014-06-30 | 40,625 | USD | 181 |
| 2013-04-01 to 2013-06-30 | 0 | USD | 91 |
| 2013-01-01 to 2013-06-30 | 0 | USD | 181 |
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 2014-06-30 | 3,645,591,789 | shares | |
| At 2013-12-31 | 2,789,513,042 | 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 2014-06-30 | 18,460,310 | USD | |
| At 2013-12-31 | 12,597,276 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 932,767 | USD | 91 |
| 2014-01-01 to 2014-06-30 | -5,549,007 | USD | 181 |
| 2013-04-01 to 2013-06-30 | -325,814 | USD | 91 |
| 2013-01-01 to 2013-06-30 | -746,460 | USD | 181 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 987,684 | USD | 91 |
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 |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 194,335 | USD | 91 |
| 2014-01-01 to 2014-06-30 | 428,043 | USD | 181 |
| 2013-04-01 to 2013-06-30 | 149,564 | USD | 91 |
| 2013-01-01 to 2013-06-30 | 291,187 | USD | 181 |
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 |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 1,223,565 | USD | 91 |
| 2014-01-01 to 2014-06-30 | -4,953,250 | USD | 181 |
| 2013-04-01 to 2013-06-30 | -142,627 | USD | 91 |
| 2013-01-01 to 2013-06-30 | -355,439 | USD | 181 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-01-01 to 2014-06-30 | -345 | USD | 181 |
| 2013-01-01 to 2013-06-30 | -2,804 | USD | 181 |
Change in accounts payable
The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-01-01 to 2014-06-30 | 31,179 | USD | 181 |
| 2013-01-01 to 2013-06-30 | 13,510 | USD | 181 |
Inspect the source
- Entity
- RAPID FIRE MARKETING, INC. / CIK 0000859917
- Captured
- SEC response SHA-256
9a3290b74ded11577744bdb25728ef1f82deae0fbea5c50d7a94e1b5883e1ef3
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.
Research methodology · Execution and cost assumptions · Check backtest overfitting
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.
- Get an API key and run your first validation
- Connect the MCP server to your coding assistant
- Inspect the ALPHAC engine on GitHub
- Read the MCP server source and integration examples
Read the published dataset with Python
import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0000859917.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"])))