PRECISION OPTICS CORPORATION, INC.: 10-Q filed 2016-05-16

Name: PRECISION OPTICS CORPORATION, INC.: 10-Q filed 2016-05-16
Creator: PRECISION OPTICS CORPORATION, INC.

What PRECISION OPTICS CORPORATION, INC. reported in its quarterly report filed 2016-05-16 (fiscal Q3 2016): 35 published measures, 97 facts as tagged in accession 0001019687-16-006296.

This filing

Form: 10-Q (quarterly report)
Filed: 2016-05-16
Fiscal period: fiscal Q3 2016
Accession: 0001019687-16-006296 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 PRECISION OPTICS CORPORATION, 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 2016-03-31	2,042,314	USD
At 2015-06-30	2,041,882	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2016-03-31	689,385	USD
At 2015-06-30	666,888	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
At 2016-03-31	172,269	USD
At 2015-06-30	241,051	USD
At 2015-03-31	283,275	USD
At 2014-06-30	202,380	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
2016-01-01 to 2016-03-31	-222,097	USD	91
2015-07-01 to 2016-03-31	-885,297	USD	275
2015-01-01 to 2015-03-31	-197,884	USD	90
2014-07-01 to 2015-03-31	-815,546	USD	274

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2015-07-01 to 2016-03-31	4,554	USD	275
2014-07-01 to 2015-03-31	59,973	USD	274

Revenue

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

Period	Value	Unit	Days
2016-01-01 to 2016-03-31	1,140,825	USD	91
2015-07-01 to 2016-03-31	2,954,024	USD	275
2015-01-01 to 2015-03-31	1,141,892	USD	90
2014-07-01 to 2015-03-31	2,949,154	USD	274

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 2016-03-31	-43,514,807	USD
At 2015-06-30	-42,629,510	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
2016-01-01 to 2016-03-31	7,484,197	shares	91
2015-07-01 to 2016-03-31	7,033,090	shares	275
2015-01-01 to 2015-03-31	6,334,757	shares	90
2014-07-01 to 2015-03-31	6,241,438	shares	274

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
2016-01-01 to 2016-03-31	7,484,197	shares	91
2015-07-01 to 2016-03-31	7,033,090	shares	275
2015-01-01 to 2015-03-31	6,334,757	shares	90
2014-07-01 to 2015-03-31	6,241,438	shares	274

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
2016-01-01 to 2016-03-31	-0.03	USD/shares	91
2015-07-01 to 2016-03-31	-0.13	USD/shares	275
2015-01-01 to 2015-03-31	-0.03	USD/shares	90
2014-07-01 to 2015-03-31	-0.13	USD/shares	274

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
2016-01-01 to 2016-03-31	-0.03	USD/shares	91
2015-07-01 to 2016-03-31	-0.13	USD/shares	275
2015-01-01 to 2015-03-31	-0.03	USD/shares	90
2014-07-01 to 2015-03-31	-0.13	USD/shares	274

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 2016-03-31	85,699	USD
At 2015-06-30	55,707	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
2016-01-01 to 2016-03-31	51,705	USD	91
2015-07-01 to 2016-03-31	194,133	USD	275
2015-01-01 to 2015-03-31	2,625	USD	90
2014-07-01 to 2015-03-31	42,750	USD	274

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
2016-01-01 to 2016-03-31	-243,678	USD	91
2015-07-01 to 2016-03-31	-906,878	USD	275
2015-01-01 to 2015-03-31	-237,106	USD	90
2014-07-01 to 2015-03-31	-854,768	USD	274

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 2016-03-31	1,933,741	USD
At 2015-06-30	1,967,531	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
2016-01-01 to 2016-03-31	469	USD	91
2015-07-01 to 2016-03-31	469	USD	275
2015-01-01 to 2015-03-31	0	USD	90
2014-07-01 to 2015-03-31	0	USD	274

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 2016-03-31	1,318,961	USD
At 2015-06-30	1,374,994	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2016-03-31	1,025,422	USD
At 2015-06-30	912,150	USD

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.

Period	Value	Unit	Days
At 2016-03-31	22,874	USD
At 2015-06-30	18,644	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2016-03-31	607,976	USD
At 2015-06-30	588,042	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
2016-01-01 to 2016-03-31	517,211	USD	91
2015-07-01 to 2016-03-31	1,529,771	USD	275
2015-01-01 to 2015-03-31	550,035	USD	90
2014-07-01 to 2015-03-31	1,442,347	USD	274

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 2016-03-31	1,053,302	USD
At 2015-06-30	1,073,256	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
2016-01-01 to 2016-03-31	273,533	USD	91
2015-07-01 to 2016-03-31	622,893	USD	275
2015-01-01 to 2015-03-31	312,929	USD	90
2014-07-01 to 2015-03-31	587,579	USD	274

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.

Period	Value	Unit	Days
2016-01-01 to 2016-03-31	407,406	USD	91
2015-07-01 to 2016-03-31	1,179,520	USD	275
2015-01-01 to 2015-03-31	410,549	USD	90
2014-07-01 to 2015-03-31	1,104,466	USD	274

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
2016-01-01 to 2016-03-31	118,285	USD	91
2015-07-01 to 2016-03-31	377,199	USD	275
2015-01-01 to 2015-03-31	140,177	USD	90
2014-07-01 to 2015-03-31	355,782	USD	274

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 2016-03-31	7,539,582	shares
At 2015-06-30	6,389,806	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 2016-03-31	44,128,796	USD
At 2015-06-30	43,232,500	USD

Gross property, plant and equipment

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

Period	Value	Unit	Days
At 2016-03-31	3,201,044	USD
At 2015-06-30	3,152,700	USD

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.

Period	Value	Unit	Days
At 2016-03-31	3,115,345	USD
At 2015-06-30	3,096,993	USD

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.

Period	Value	Unit	Days
At 2016-03-31	54,471	USD
At 2015-06-30	60,735	USD

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2015-07-01 to 2016-03-31	18,352	USD	275
2014-07-01 to 2015-03-31	14,962	USD	274

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.

Period	Value	Unit	Days
2015-07-01 to 2016-03-31	700,000	USD	275

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
2015-07-01 to 2016-03-31	19,934	USD	275
2014-07-01 to 2015-03-31	11,424	USD	274

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
2015-07-01 to 2016-03-31	-19,954	USD	275
2014-07-01 to 2015-03-31	259,864	USD	274

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
2015-07-01 to 2016-03-31	113,272	USD	275
2014-07-01 to 2015-03-31	165,514	USD	274

Inspect the source

Entity: PRECISION OPTICS CORPORATION, INC. / CIK 0000867840
Captured: 2026-09-20T05:00:17.512Z
SEC response SHA-256: f1f521401eebe3d37da585e76a4e0ae92da7eef1868356dfb292f24bda340752

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with urlopen("https://canlicapital.com/company-data/0000867840.json") as response:
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print(record["policy"])
for concept in record["concepts"]:
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