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INFINITE GROUP, INC.: 10-Q filed 2020-08-13

What INFINITE GROUP, INC. reported in its quarterly report filed 2020-08-13 (fiscal Q2 2020): 32 published measures, 92 facts as tagged in accession 0001654954-20-009055.

This filing

Form
10-Q (quarterly report)
Filed
2020-08-13
Fiscal period
fiscal Q2 2020
Accession
0001654954-20-009055 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.

PeriodValueUnitDays
At 2020-06-301,917,355USD
At 2019-12-31896,941USD

Total liabilities

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

PeriodValueUnitDays
At 2020-06-305,884,572USD
At 2019-12-314,804,251USD

Stockholders equity

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

PeriodValueUnitDays
At 2020-06-30-3,967,217USD
At 2020-03-31-3,911,242USD
At 2019-12-31-3,907,310USD
At 2019-06-30-3,986,409USD
At 2019-03-31-3,964,798USD
At 2018-12-31-4,000,094USD

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
2020-04-01 to 2020-06-30-72,825USD91
2020-01-01 to 2020-06-30-78,887USD182
2020-01-01 to 2020-03-31-6,062USD91
2019-04-01 to 2019-06-30-35,861USD91
2019-01-01 to 2019-06-30-825USD181
2019-01-01 to 2019-03-3135,036USD90

Operating cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-06-30-422,220USD182
2019-01-01 to 2019-06-30-203,390USD181

Capital expenditure payments

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

PeriodValueUnitDays
2020-01-01 to 2020-06-306,705USD182
2019-01-01 to 2019-06-300USD181

Revenue

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

PeriodValueUnitDays
2020-04-01 to 2020-06-301,703,361USD91
2020-01-01 to 2020-06-303,602,956USD182
2019-04-01 to 2019-06-301,778,648USD91
2019-01-01 to 2019-06-303,466,442USD181

Financing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-06-30946,672USD182
2019-01-01 to 2019-06-30193,970USD181

Investing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-06-30-135,071USD182
2019-01-01 to 2019-06-300USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2020-06-30-34,653,431USD
At 2019-12-31-34,574,544USD

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
2020-04-01 to 2020-06-3029,061,883shares91
2020-01-01 to 2020-06-3029,061,883shares182
2019-04-01 to 2019-06-3029,061,883shares91
2019-01-01 to 2019-06-3029,061,883shares181

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
2020-04-01 to 2020-06-3029,061,883shares91
2020-01-01 to 2020-06-3029,061,883shares182
2019-04-01 to 2019-06-3029,061,883shares91
2019-01-01 to 2019-06-3029,061,883shares181

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 2020-06-3010,605USD
At 2019-12-315,915USD

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
2020-01-01 to 2020-06-3018,980USD182
2019-01-01 to 2019-06-3014,510USD181

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
2020-04-01 to 2020-06-30-22,864USD91
2020-01-01 to 2020-06-3032,434USD182
2019-04-01 to 2019-06-3042,851USD91
2019-01-01 to 2019-06-30142,565USD181

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 2020-06-301,458,623USD
At 2019-12-31503,972USD

Interest expense

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

PeriodValueUnitDays
2020-04-01 to 2020-06-3053,306USD91
2020-01-01 to 2020-06-30114,666USD182
2019-04-01 to 2019-06-3078,712USD91
2019-01-01 to 2019-06-30143,390USD181

Current liabilities

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

PeriodValueUnitDays
At 2020-06-303,993,692USD
At 2019-12-313,800,756USD

Current accounts payable

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

PeriodValueUnitDays
At 2020-06-30264,705USD
At 2019-12-31217,777USD

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 2020-06-30994,977USD
At 2019-12-31432,289USD

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-30701,450USD91
2020-01-01 to 2020-06-301,422,681USD182
2019-04-01 to 2019-06-30603,757USD91
2019-01-01 to 2019-06-301,134,667USD181

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
2020-04-01 to 2020-06-30678,586USD91
2020-01-01 to 2020-06-301,455,115USD182
2019-04-01 to 2019-06-30646,608USD91
2019-01-01 to 2019-06-301,277,232USD181

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
2020-04-01 to 2020-06-301,024,775USD91
2020-01-01 to 2020-06-302,147,841USD182
2019-04-01 to 2019-06-301,132,040USD91
2019-01-01 to 2019-06-302,189,210USD181

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 2020-06-3029,061,883shares
At 2019-12-3129,061,883shares

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 2020-06-30158,664USD
At 2019-12-31195,441USD

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.

PeriodValueUnitDays
At 2020-06-3067,867USD
At 2019-12-3165,285USD

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
2020-04-01 to 2020-06-30402,226USD91
2020-01-01 to 2020-06-30776,756USD182
2019-04-01 to 2019-06-30346,403USD91
2019-01-01 to 2019-06-30624,008USD181

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
2020-01-01 to 2020-06-3036,215USD182
2019-01-01 to 2019-06-309,289USD181

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2020-04-01 to 2020-06-30-49,961USD91
2020-01-01 to 2020-06-30-111,321USD182
2019-04-01 to 2019-06-30-78,712USD91
2019-01-01 to 2019-06-30-143,390USD181

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
2020-01-01 to 2020-06-3077,080USD182
2019-01-01 to 2019-06-3068,529USD181

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
2020-01-01 to 2020-06-30562,688USD182
2019-01-01 to 2019-06-30251,793USD181

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.

PeriodValueUnitDays
2020-01-01 to 2020-06-3046,928USD182
2019-01-01 to 2019-06-30-83,521USD181

Inspect the source

Entity
INFINITE GROUP, INC. / CIK 0000884650
Captured
2026-09-21T17:17:27.296Z
SEC response SHA-256
f6df91eb404003448a41e9264066d01e16bacf3a98efeb42d30b260cff48bdd6

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.

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Read the published dataset with Python
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"]:
    print(concept["tag"], next(iter(concept["observations"])))