Skip to content

FOMO WORLDWIDE, INC.: 10-Q filed 2023-08-21

What FOMO WORLDWIDE, INC. reported in its quarterly report filed 2023-08-21 (fiscal Q2 2023): 42 published measures, 115 facts as tagged in accession 0001493152-23-029626.

This filing

Form
10-Q (quarterly report)
Filed
2023-08-21
Fiscal period
fiscal Q2 2023
Accession
0001493152-23-029626 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 FOMO WORLDWIDE, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2023-06-302,701,270USD
At 2022-12-313,584,157USD

Total liabilities

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

PeriodValueUnitDays
At 2023-06-305,398,580USD
At 2022-12-316,154,800USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-06-30-2,697,310USD
At 2023-03-31-6,347,567USD
At 2022-12-31-2,570,643USD
At 2022-06-30-1,102,220USD
At 2022-03-31-87,341USD
At 2021-12-31-310,227USD

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
2023-04-01 to 2023-06-302,889,652USD91
2023-01-01 to 2023-06-30-899,450USD181
2023-01-01 to 2023-03-31-3,789,102USD90
2022-04-01 to 2022-06-30-1,067,046USD91
2022-01-01 to 2022-06-30-2,892,854USD181
2022-01-01 to 2022-03-31-1,825,808USD90

Operating cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30-135,337USD181
2022-01-01 to 2022-06-30-668,919USD181

Revenue

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

PeriodValueUnitDays
2023-03-28 to 2023-03-295,000,000USD2
2023-02-26 to 2023-02-278,000,000USD2

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2023-04-01 to 2023-06-30899,327USD91
2023-01-01 to 2023-06-301,451,655USD181
2022-04-01 to 2022-06-302,888,628USD91
2022-01-01 to 2022-06-303,480,919USD181

Financing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30171,586USD181
2022-01-01 to 2022-06-30613,977USD181

Investing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30-22,033USD181
2022-01-01 to 2022-06-30194,406USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-06-30-25,046,722USD
At 2022-12-31-24,098,281USD

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
2023-04-01 to 2023-06-309,089,618,453shares91
2023-01-01 to 2023-06-308,856,200,040shares181
2022-04-01 to 2022-06-308,105,085,037shares91
2022-01-01 to 2022-06-307,776,910,177shares181

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
2023-04-01 to 2023-06-309,089,618,453shares91
2023-01-01 to 2023-06-308,856,200,040shares181
2022-04-01 to 2022-06-308,105,085,037shares91
2022-01-01 to 2022-06-307,776,910,177shares181

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
2023-04-01 to 2023-06-30-0.0004USD/shares91
2023-01-01 to 2023-06-30-0.0004USD/shares181
2022-04-01 to 2022-06-30-0.0001USD/shares91
2022-01-01 to 2022-06-30-0.0004USD/shares181

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
2023-04-01 to 2023-06-30-0.0004USD/shares91
2023-01-01 to 2023-06-30-0.0004USD/shares181
2022-04-01 to 2022-06-30-0.0001USD/shares91
2022-01-01 to 2022-06-30-0.0004USD/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 2023-06-3077,722USD
At 2022-12-3180,844USD

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
2023-01-01 to 2023-06-3051,000USD181
2022-01-01 to 2022-06-30535,000USD181

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
2023-04-01 to 2023-06-30-203,022USD91
2023-01-01 to 2023-06-30-599,131USD181
2022-04-01 to 2022-06-30-237,097USD91
2022-01-01 to 2022-06-30-1,389,477USD181

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 2023-06-301,001,767USD
At 2022-12-312,216,784USD

Interest expense

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

PeriodValueUnitDays
2023-04-01 to 2023-06-30252,949USD91
2023-01-01 to 2023-06-30486,162USD181
2022-04-01 to 2022-06-30189,070USD91
2022-01-01 to 2022-06-30247,172USD181

Current liabilities

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

PeriodValueUnitDays
At 2023-06-304,969,258USD
At 2022-12-315,642,619USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2023-06-30350,110USD
At 2022-12-31350,110USD

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 2023-06-30498,164USD

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 2023-06-30536,548USD
At 2022-12-311,682,654USD

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 2023-06-30295,505USD
At 2022-12-31382,457USD

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
2023-04-01 to 2023-06-30207,643USD91
2023-01-01 to 2023-06-30362,400USD181
2022-04-01 to 2022-06-30220,388USD91
2022-01-01 to 2022-06-30291,832USD181

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2023-04-01 to 2023-06-30691,684USD91
2023-01-01 to 2023-06-301,089,255USD181
2022-04-01 to 2022-06-302,668,240USD91
2022-01-01 to 2022-06-303,189,087USD181

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 2023-06-309,347,066,421shares
At 2022-12-318,620,188,088shares

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 2023-06-3013,035,826USD
At 2022-12-3112,503,100USD

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 2023-06-30247,414USD
At 2022-12-31281,937USD

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 2023-06-30260,112USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2023-06-30261,058USD
At 2022-12-31261,058USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2023-06-30183,336USD
At 2022-12-31180,214USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2023-06-30481,851USD
At 2022-12-31514,476USD

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
2023-02-26 to 2023-02-27800,000USD2

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
2023-04-01 to 2023-06-302,861,792USD91
2023-01-01 to 2023-06-30-948,441USD181
2022-04-01 to 2022-06-30-1,114,879USD91
2022-01-01 to 2022-06-30-2,985,746USD181

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
2023-04-01 to 2023-06-30410,665USD91
2023-01-01 to 2023-06-30961,531USD181
2022-04-01 to 2022-06-30457,485USD91
2022-01-01 to 2022-06-301,681,309USD181

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
2023-04-01 to 2023-06-301,561USD91
2023-01-01 to 2023-06-303,122USD181
2022-04-01 to 2022-06-301,735USD91
2022-01-01 to 2022-06-302,314USD181

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
2023-01-01 to 2023-06-3035,747USD181
2022-01-01 to 2022-06-302,314USD181

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
2023-04-01 to 2023-06-303,092,674USD91
2023-01-01 to 2023-06-30-300,319USD181
2022-04-01 to 2022-06-30-829,949USD91
2022-01-01 to 2022-06-30-1,503,377USD181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2023-01-01 to 2023-06-30475,938USD181
2022-01-01 to 2022-06-3076,638USD181

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
2023-01-01 to 2023-06-30-1,146,106USD181
2022-01-01 to 2022-06-30489,799USD181

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
2023-01-01 to 2023-06-30-86,952USD181
2022-01-01 to 2022-06-30282,689USD181

Inspect the source

Entity
FOMO WORLDWIDE, INC. / CIK 0000867028
Captured
SEC response SHA-256
8598ee2b90d282dc7764b2d084e7b5a724218028082b71e3304064762d2cfa32

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.

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

with urlopen("https://canlicapital.com/company-data/0000867028.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"])))