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CPI AEROSTRUCTURES, INC.: 10-Q filed 2022-05-16

What CPI AEROSTRUCTURES, INC. reported in its quarterly report filed 2022-05-16 (fiscal Q3 2021): 45 published measures, 127 facts as tagged in accession 0001387131-22-006148.

This filing

Form
10-Q (quarterly report)
Filed
2022-05-16
Fiscal period
fiscal Q3 2021
Accession
0001387131-22-006148 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 2021-09-3049,664,398USD
At 2020-12-3146,509,449USD

Total liabilities

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

PeriodValueUnitDays
At 2021-09-3054,643,749USD
At 2020-12-3159,493,181USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-09-30-4,979,351USD
At 2021-06-30-10,559,255USD
At 2021-03-31-11,407,462USD
At 2020-12-31-12,983,732USD
At 2020-09-30-13,240,985USD
At 2020-06-30-14,221,851USD
At 2020-03-31-13,050,493USD
At 2019-12-31-10,040,323USD

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
2021-07-01 to 2021-09-305,425,255USD92
2021-01-01 to 2021-09-307,280,949USD273
2021-04-01 to 2021-06-30623,151USD91
2021-01-01 to 2021-03-311,232,543USD90
2020-10-01 to 2020-12-31223,398USD92
2020-07-01 to 2020-09-30839,765USD92
2020-01-01 to 2020-09-30-3,878,151USD274
2020-04-01 to 2020-06-30-1,360,561USD91
2020-01-01 to 2020-03-31-3,357,355USD91

Operating cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-09-30-1,313,333USD273
2020-01-01 to 2020-09-30-3,283,377USD274

Capital expenditure payments

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

PeriodValueUnitDays
2021-01-01 to 2021-09-3019,305USD273
2020-01-01 to 2020-09-3011,888USD274

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
2021-07-01 to 2021-09-3023,898,748USD92
2021-01-01 to 2021-09-3077,018,684USD273
2020-07-01 to 2020-09-3025,576,718USD92
2020-01-01 to 2020-09-3062,175,872USD274

Financing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-09-30-1,590,318USD273
2020-01-01 to 2020-09-302,832,251USD274

Investing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-09-30-19,305USD273
2020-01-01 to 2020-09-30-11,888USD274

Retained earnings or deficit

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

PeriodValueUnitDays
At 2021-09-30-77,720,575USD
At 2020-12-31-85,001,524USD

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
2021-07-01 to 2021-09-3012,286,712shares92
2021-01-01 to 2021-09-3012,153,838shares273
2020-07-01 to 2020-09-3011,894,469shares92
2020-01-01 to 2020-09-3011,862,506shares274

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
2021-07-01 to 2021-09-3012,320,588shares92
2021-01-01 to 2021-09-3012,187,714shares273
2020-07-01 to 2020-09-3011,917,149shares92
2020-01-01 to 2020-09-3011,862,506shares274

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
2021-07-01 to 2021-09-300.44USD/shares92
2021-01-01 to 2021-09-300.6USD/shares273
2020-07-01 to 2020-09-300.07USD/shares92
2020-01-01 to 2020-09-30-0.33USD/shares274

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
2021-07-01 to 2021-09-300.44USD/shares92
2021-01-01 to 2021-09-300.6USD/shares273
2020-07-01 to 2020-09-300.07USD/shares92
2020-01-01 to 2020-09-30-0.33USD/shares274

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
2021-07-01 to 2021-09-303,374USD92
2021-01-01 to 2021-09-307,702USD273
2020-07-01 to 2020-09-307,614USD92
2020-01-01 to 2020-09-309,714USD274

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 2021-09-301,837,909USD
At 2020-12-312,521,742USD

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
2021-01-01 to 2021-09-30723,432USD273
2020-01-01 to 2020-09-30677,489USD274

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
2021-07-01 to 2021-09-30886,135USD92
2021-01-01 to 2021-09-303,334,331USD273
2020-07-01 to 2020-09-301,156,387USD92
2020-01-01 to 2020-09-30-2,782,632USD274

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 2021-09-3042,944,810USD
At 2020-12-3137,687,226USD

Interest expense

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

PeriodValueUnitDays
2021-07-01 to 2021-09-30252,506USD92
2021-01-01 to 2021-09-30840,680USD273
2020-07-01 to 2020-09-30309,008USD92
2020-01-01 to 2020-09-301,085,805USD274

Current liabilities

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

PeriodValueUnitDays
At 2021-09-3029,815,315USD
At 2020-12-3130,012,252USD

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 2021-09-3013,002,848USD
At 2020-12-3112,092,684USD

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 2021-09-301,784,254USD
At 2020-12-311,784,254USD

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 2021-09-308,544,494USD
At 2020-12-314,962,906USD

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 2021-09-304,979,928USD
At 2020-12-316,386,288USD

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
2021-07-01 to 2021-09-303,651,984USD92
2021-01-01 to 2021-09-3012,168,674USD273
2020-07-01 to 2020-09-304,207,031USD92
2020-01-01 to 2020-09-306,176,354USD274

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
2021-07-01 to 2021-09-3020,246,764USD92
2021-01-01 to 2021-09-3064,850,010USD273
2020-07-01 to 2020-09-3021,369,687USD92
2020-01-01 to 2020-09-3055,999,518USD274

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
2021-07-01 to 2021-09-302,765,849USD92
2021-01-01 to 2021-09-308,834,343USD273
2020-07-01 to 2020-09-303,050,644USD92
2020-01-01 to 2020-09-308,958,986USD274

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 2021-09-3012,301,811shares
At 2020-12-3111,951,271shares

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 2021-09-303,110,581USD
At 2020-12-316,033,537USD
At 2020-09-304,969,779USD
At 2019-12-315,432,793USD

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 2021-09-302,790,731USD
At 2020-12-314,075,048USD

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 2021-09-302,999,064USD

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 2021-09-306,060,128USD

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 2021-09-30156,250USD
At 2020-12-31250,000USD

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 2021-09-30150,444USD
At 2020-12-31191,179USD

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 2021-09-304,539,670USD
At 2020-12-315,937,921USD

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 2021-09-30659,216USD
At 2020-12-31534,857USD

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 2021-09-302,542,464USD
At 2020-12-311,650,549USD

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
2021-07-01 to 2021-09-305,428,629USD92
2021-01-01 to 2021-09-307,288,651USD273
2020-07-01 to 2020-09-30847,379USD92
2020-01-01 to 2020-09-30-3,868,437USD274

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
2021-01-01 to 2021-09-30796,888USD273
2020-01-01 to 2020-09-30769,690USD274

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
2021-07-01 to 2021-09-304,795,000USD92
2021-01-01 to 2021-09-304,795,000USD273

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
2021-01-01 to 2021-09-30609,485USD273
2020-01-01 to 2020-09-301,156,126USD274

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
2021-01-01 to 2021-09-307,233USD273
2020-01-01 to 2020-09-30-449,749USD274

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
2021-01-01 to 2021-09-303,709,001USD273
2020-01-01 to 2020-09-30232,310USD274

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
2021-01-01 to 2021-09-30-1,406,360USD273
2020-01-01 to 2020-09-301,646,411USD274

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.

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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"])))