PRECISION OPTICS CORPORATION, INC.: 10-Q filed 2020-02-13

Name: PRECISION OPTICS CORPORATION, INC.: 10-Q filed 2020-02-13
Creator: PRECISION OPTICS CORPORATION, INC.

What PRECISION OPTICS CORPORATION, INC. reported in its quarterly report filed 2020-02-13 (fiscal Q2 2020): 37 published measures, 102 facts as tagged in accession 0001683168-20-000464.

This filing

Form: 10-Q (quarterly report)
Filed: 2020-02-13
Fiscal period: fiscal Q2 2020
Accession: 0001683168-20-000464 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 2019-12-31	5,781,558	USD
At 2019-06-30	7,493,230	USD

Stockholders equity

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

Period	Value	Unit
At 2019-12-31	3,169,842	USD
At 2019-09-30	3,445,961	USD
At 2019-06-30	3,376,891	USD
At 2018-12-31	2,469,015	USD
At 2018-09-30	607,735	USD
At 2018-06-30	564,036	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 2019-12-31	347,858	USD
At 2019-06-30	2,288,426	USD
At 2018-12-31	1,744,644	USD
At 2018-06-30	402,738	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
2019-10-01 to 2019-12-31	-550,825	USD	92
2019-07-01 to 2019-12-31	-636,935	USD	184
2019-07-01 to 2019-09-30	-86,110	USD	92
2018-10-01 to 2018-12-31	-125,948	USD	92
2018-07-01 to 2018-12-31	-425,233	USD	184
2018-07-01 to 2018-09-30	-299,285	USD	92

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
2019-07-01 to 2019-12-31	-469,283	USD	184
2018-07-01 to 2018-12-31	-577,503	USD	184

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
2019-07-01 to 2019-12-31	46,072	USD	184
2018-07-01 to 2018-12-31	76,184	USD	184

Revenue

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

Period	Value	Unit	Days
2019-10-01 to 2019-12-31	2,796,762	USD	92
2019-07-01 to 2019-12-31	5,311,746	USD	184
2018-10-01 to 2018-12-31	1,477,851	USD	92
2018-07-01 to 2018-12-31	3,037,309	USD	184

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
2019-07-01 to 2019-12-31	28,970	USD	184
2018-07-01 to 2018-12-31	1,995,593	USD	184

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
2019-07-01 to 2019-12-31	-1,500,255	USD	184
2018-07-01 to 2018-12-31	-76,184	USD	184

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 2019-12-31	-46,273,928	USD
At 2019-06-30	-45,636,993	USD

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
2019-10-01 to 2019-12-31	-0.04	USD/shares	92
2019-07-01 to 2019-12-31	-0.05	USD/shares	184

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
2019-10-01 to 2019-12-31	-0.04	USD/shares	92
2019-07-01 to 2019-12-31	-0.05	USD/shares	184

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 2019-12-31	383,158	USD
At 2019-06-30	383,006	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
2019-07-01 to 2019-12-31	351,211	USD	184
2018-07-01 to 2018-12-31	353,212	USD	184

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
2019-10-01 to 2019-12-31	-551,598	USD	92
2019-07-01 to 2019-12-31	-637,480	USD	184
2018-10-01 to 2018-12-31	-125,607	USD	92
2018-07-01 to 2018-12-31	-424,387	USD	184

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 2019-12-31	4,500,379	USD
At 2019-06-30	6,368,473	USD

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 2019-12-31	2,021,535	USD
At 2019-06-30	3,611,312	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 2019-12-31	1,162,457	USD
At 2019-06-30	1,174,263	USD

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.

Period	Value	Unit	Days
At 2019-12-31	687,664	USD
At 2019-06-30	687,664	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 2019-12-31	64,929	USD
At 2019-06-30	54,087	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 2019-12-31	2,000,048	USD
At 2019-06-30	2,165,107	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
2019-10-01 to 2019-12-31	1,469,537	USD	92
2019-07-01 to 2019-12-31	2,529,536	USD	184
2018-10-01 to 2018-12-31	481,329	USD	92
2018-07-01 to 2018-12-31	1,242,616	USD	184

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 2019-12-31	2,019,195	USD
At 2019-06-30	1,734,604	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
2019-10-01 to 2019-12-31	917,939	USD	92
2019-07-01 to 2019-12-31	1,892,056	USD	184
2018-10-01 to 2018-12-31	355,722	USD	92
2018-07-01 to 2018-12-31	818,229	USD	184

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.

Period	Value	Unit	Days
2019-10-01 to 2019-12-31	1,878,823	USD	92
2019-07-01 to 2019-12-31	3,419,690	USD	184
2018-10-01 to 2018-12-31	1,122,129	USD	92
2018-07-01 to 2018-12-31	2,219,080	USD	184

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
2019-10-01 to 2019-12-31	1,240,961	USD	92
2019-07-01 to 2019-12-31	2,148,806	USD	184
2018-10-01 to 2018-12-31	355,916	USD	92
2018-07-01 to 2018-12-31	1,016,405	USD	184

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
2019-10-01 to 2019-12-31	228,576	USD	92
2019-07-01 to 2019-12-31	380,730	USD	184
2018-10-01 to 2018-12-31	125,413	USD	92
2018-07-01 to 2018-12-31	226,211	USD	184

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 2019-12-31	12,880,047	shares
At 2019-06-30	12,071,139	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 2019-12-31	49,314,969	USD
At 2019-06-30	48,893,172	USD

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.

Period	Value	Unit	Days
At 2019-12-31	145,428	USD
At 2019-06-30	0	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 2019-12-31	3,631,683	USD
At 2019-06-30	3,585,611	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 2019-12-31	3,248,525	USD
At 2019-06-30	3,202,605	USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

Period	Value	Unit
At 2019-12-31	388,506	USD
At 2019-09-30	513,623	USD
At 2019-06-30	450,192	USD
At 2018-12-31	207,982	USD
At 2018-09-30	400,704	USD
At 2018-06-30	857,842	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
2019-07-01 to 2019-12-31	45,920	USD	184
2018-07-01 to 2018-12-31	15,862	USD	184

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
2019-07-01 to 2019-12-31	-165,059	USD	184
2018-07-01 to 2018-12-31	-68,287	USD	184

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
2019-07-01 to 2019-12-31	284,591	USD	184
2018-07-01 to 2018-12-31	-48,543	USD	184

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
2019-07-01 to 2019-12-31	-11,806	USD	184
2018-07-01 to 2018-12-31	48,482	USD	184

Inspect the source

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

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/0000867840.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"])))