Skip to content

CPI AEROSTRUCTURES, INC.: 10-Q filed 2020-11-16

What CPI AEROSTRUCTURES, INC. reported in its quarterly report filed 2020-11-16 (fiscal Q2 2020): 44 published measures, 120 facts as tagged in accession 0001387131-20-010030.

This filing

Form
10-Q (quarterly report)
Filed
2020-11-16
Fiscal period
fiscal Q2 2020
Accession
0001387131-20-010030 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 CPI AEROSTRUCTURES, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2020-06-3047,398,244USD
At 2019-12-3144,339,580USD

Total liabilities

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

PeriodValueUnitDays
At 2020-06-3058,011,446USD
At 2019-12-3152,079,820USD

Stockholders equity

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

PeriodValueUnitDays
At 2020-06-30-10,613,202USD
At 2020-03-31-10,205,574USD
At 2019-12-31-7,740,240USD
At 2019-06-30-5,296,181USD
At 2019-03-31-4,601,705USD
At 2018-12-31-3,933,405USD

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 2020-06-30-596,831USD91
2020-01-01 to 2020-06-30-3,409,350USD182
2020-01-01 to 2020-03-31-2,812,519USD91
2019-04-01 to 2019-06-30-881,167USD91
2019-01-01 to 2019-06-30-1,815,883USD181
2019-01-01 to 2019-03-31-934,716USD90

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 2020-06-30-852,182USD182
2019-01-01 to 2019-06-30-3,394,412USD181

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 2020-06-308,000USD182
2019-01-01 to 2019-06-30314,462USD181

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
2020-04-01 to 2020-06-3019,740,767USD91
2020-01-01 to 2020-06-3036,599,154USD182
2019-04-01 to 2019-06-3020,101,713USD91
2019-01-01 to 2019-06-3042,090,096USD181

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 2020-06-303,557,274USD182
2019-01-01 to 2019-06-30333,339USD181

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 2020-06-30-8,000USD182
2019-01-01 to 2019-06-30-314,462USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2020-06-30-82,456,038USD
At 2019-12-31-79,046,688USD

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 2020-06-3011,855,404shares91
2020-01-01 to 2020-06-3011,846,260shares182
2019-04-01 to 2019-06-3011,817,713shares91
2019-01-01 to 2019-06-3011,776,107shares181

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 2020-06-3011,855,404shares91
2020-01-01 to 2020-06-3011,846,260shares182
2019-04-01 to 2019-06-3011,817,713shares91
2019-01-01 to 2019-06-3011,776,107shares181

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
2020-04-01 to 2020-06-30-0.05USD/shares91
2020-01-01 to 2020-06-30-0.29USD/shares182
2019-04-01 to 2019-06-30-0.07USD/shares91
2019-01-01 to 2019-06-30-0.15USD/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
2020-04-01 to 2020-06-30-0.05USD/shares91
2020-01-01 to 2020-06-30-0.29USD/shares182
2019-04-01 to 2019-06-30-0.07USD/shares91
2019-01-01 to 2019-06-30-0.15USD/shares181

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2020-04-01 to 2020-06-301,522USD91
2020-01-01 to 2020-06-302,100USD182
2019-04-01 to 2019-06-301,636USD91
2019-01-01 to 2019-06-303,313USD181

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 2020-06-302,840,872USD
At 2019-12-313,282,939USD

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 2020-06-30536,388USD182
2019-01-01 to 2019-06-30540,354USD181

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 2020-06-30-235,183USD91
2020-01-01 to 2020-06-30-2,630,453USD182
2019-04-01 to 2019-06-30-304,119USD91
2019-01-01 to 2019-06-30-726,389USD181

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 2020-06-3039,215,245USD
At 2019-12-3134,831,456USD

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 2020-06-30360,126USD91
2020-01-01 to 2020-06-30776,797USD182
2019-04-01 to 2019-06-30575,412USD91
2019-01-01 to 2019-06-301,086,181USD181

Current liabilities

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

PeriodValueUnitDays
At 2020-06-3026,513,872USD
At 2019-12-3120,979,737USD

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 2020-06-309,078,736USD
At 2019-12-318,199,557USD

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 2020-06-301,784,254USD
At 2019-12-311,784,254USD

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 2020-06-306,958,417USD
At 2019-12-317,029,602USD

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 2020-06-307,658,508USD
At 2019-12-315,891,386USD

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 2020-06-302,580,069USD91
2020-01-01 to 2020-06-303,277,889USD182
2019-04-01 to 2019-06-302,243,643USD91
2019-01-01 to 2019-06-304,727,058USD181

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 2020-06-3017,160,698USD91
2020-01-01 to 2020-06-3033,321,265USD182
2019-04-01 to 2019-06-3017,858,070USD91
2019-01-01 to 2019-06-3037,363,038USD181

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-302,815,252USD91
2020-01-01 to 2020-06-305,908,342USD182
2019-04-01 to 2019-06-302,547,762USD91
2019-01-01 to 2019-06-305,453,447USD181

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 2020-06-3011,855,606shares
At 2019-12-3111,818,830shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2020-06-308,129,885USD
At 2019-12-315,432,793USD
At 2019-06-302,752,607USD
At 2018-12-316,128,142USD

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 2020-06-303,122,360USD
At 2019-12-313,886,863USD

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 2020-06-303,464,146USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2020-06-307,806,507USD

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 2020-06-30312,500USD
At 2019-12-31375,000USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2020-06-30123,013USD
At 2019-12-31179,068USD

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.

PeriodValueUnitDays
At 2020-06-303,825,606USD
At 2019-12-312,372,522USD

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 2020-06-30864,781USD
At 2019-12-31721,964USD

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.

PeriodValueUnitDays
At 2020-06-304,995,427USD
At 2019-12-313,561,707USD

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
2020-04-01 to 2020-06-30-595,309USD91
2020-01-01 to 2020-06-30-3,407,250USD182
2019-04-01 to 2019-06-30-879,531USD91
2019-01-01 to 2019-06-30-1,812,570USD181

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
2020-01-01 to 2020-06-30512,567USD182
2019-01-01 to 2019-06-30483,982USD181

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 2020-06-30845,962USD182
2019-01-01 to 2019-06-301,329,678USD181

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2020-01-01 to 2020-06-30-449,749USD182
2019-01-01 to 2019-06-30141,702USD181

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 2020-06-30-144,537USD182
2019-01-01 to 2019-06-30-223,409USD181

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
2020-01-01 to 2020-06-301,767,122USD182
2019-01-01 to 2019-06-302,412,312USD181

Inspect the source

Entity
CPI AEROSTRUCTURES, INC. / CIK 0000889348
Captured
2026-09-19T11:15:07.477Z
SEC response SHA-256
3b5d607f2c5986aa0744cdfd9cb322a7f49ff24ed108e013e8985524371a9189

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/0000889348.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"])))