INFINITE GROUP, INC.: 10-Q filed 2014-11-14
What INFINITE GROUP, INC. reported in its quarterly report filed 2014-11-14 (fiscal Q3 2014): 27 published measures, 70 facts as tagged in accession 0001354488-14-005785.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2014-11-14
- Fiscal period
- fiscal Q3 2014
- Accession
- 0001354488-14-005785 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 INFINITE GROUP, 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 2014-09-30 | 823,524 | USD | |
| At 2013-12-31 | 926,942 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2014-09-30 | 3,600,640 | USD | |
| At 2013-12-31 | 3,592,318 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2014-09-30 | -2,777,116 | USD | |
| At 2013-12-31 | -2,665,376 | 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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 105,870 | USD | 92 |
| 2014-01-01 to 2014-09-30 | -197,966 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 3,808 | USD | 92 |
| 2013-01-01 to 2013-09-30 | 39,852 | USD | 273 |
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 |
|---|---|---|---|
| 2014-01-01 to 2014-09-30 | 53,494 | USD | 273 |
| 2013-01-01 to 2013-09-30 | 51,690 | USD | 273 |
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 |
|---|---|---|---|
| 2014-01-01 to 2014-09-30 | 28,921 | USD | 273 |
| 2013-01-01 to 2013-09-30 | 20,964 | 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 |
|---|---|---|---|
| 2014-01-01 to 2014-09-30 | -15,813 | USD | 273 |
| 2013-01-01 to 2013-09-30 | -24,708 | 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 |
|---|---|---|---|
| 2014-01-01 to 2014-09-30 | -38,921 | USD | 273 |
| 2013-01-01 to 2013-09-30 | -81,797 | 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 2014-09-30 | -33,148,405 | USD | |
| At 2013-12-31 | -32,950,439 | 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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 25,961,883 | shares | 92 |
| 2014-01-01 to 2014-09-30 | 25,961,883 | shares | 273 |
| 2013-07-01 to 2013-09-30 | 25,961,883 | shares | 92 |
| 2013-01-01 to 2013-09-30 | 25,961,883 | shares | 273 |
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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 25,972,994 | shares | 92 |
| 2014-01-01 to 2014-09-30 | 25,961,883 | shares | 273 |
| 2013-07-01 to 2013-09-30 | 26,743,782 | shares | 92 |
| 2013-01-01 to 2013-09-30 | 26,962,379 | 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 2014-09-30 | 55,633 | USD | |
| At 2013-12-31 | 46,120 | 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 |
|---|---|---|---|
| 2014-01-01 to 2014-09-30 | 86,226 | USD | 273 |
| 2013-01-01 to 2013-09-30 | 76,742 | 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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 182,477 | USD | 92 |
| 2014-01-01 to 2014-09-30 | 73,038 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 91,002 | USD | 92 |
| 2013-01-01 to 2013-09-30 | 286,975 | 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 2014-09-30 | 561,573 | USD | |
| At 2013-12-31 | 631,504 | 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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 59,607 | USD | 92 |
| 2014-01-01 to 2014-09-30 | 218,004 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 78,694 | USD | 92 |
| 2013-01-01 to 2013-09-30 | 233,623 | 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 2014-09-30 | 1,927,317 | USD | |
| At 2013-12-31 | 1,567,588 | 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 2014-09-30 | 376,190 | USD | |
| At 2013-12-31 | 316,873 | 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 2014-09-30 | 529,545 | USD | |
| At 2013-12-31 | 592,045 | 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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 519,479 | USD | 92 |
| 2014-01-01 to 2014-09-30 | 1,637,250 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 471,055 | USD | 92 |
| 2013-01-01 to 2013-09-30 | 1,423,984 | 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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 701,956 | USD | 92 |
| 2014-01-01 to 2014-09-30 | 1,710,288 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 562,057 | USD | 92 |
| 2013-01-01 to 2013-09-30 | 1,710,959 | 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 2014-09-30 | 25,961,883 | shares | |
| At 2013-12-31 | 25,961,883 | shares |
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 2014-09-30 | 16,321 | USD | |
| At 2013-12-31 | 22,512 | 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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 294,155 | USD | 92 |
| 2014-01-01 to 2014-09-30 | 932,057 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 274,767 | USD | 92 |
| 2013-01-01 to 2013-09-30 | 740,450 | 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 |
|---|---|---|---|
| 2014-01-01 to 2014-09-30 | 19,408 | USD | 273 |
| 2013-01-01 to 2013-09-30 | 14,738 | 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 |
|---|---|---|---|
| 2014-01-01 to 2014-09-30 | -62,500 | USD | 273 |
| 2013-01-01 to 2013-09-30 | 77,384 | USD | 273 |
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 2014-09-30 | 59,317 | USD | 273 |
| 2013-01-01 to 2013-09-30 | 75,359 | USD | 273 |
Inspect the source
- Entity
- INFINITE GROUP, INC. / CIK 0000884650
- Captured
- SEC response SHA-256
f6df91eb404003448a41e9264066d01e16bacf3a98efeb42d30b260cff48bdd6
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
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import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0000884650.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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