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CPI AEROSTRUCTURES, INC.: 10-Q filed 2023-11-14

What CPI AEROSTRUCTURES, INC. reported in its quarterly report filed 2023-11-14 (fiscal Q3 2023): 40 published measures, 113 facts as tagged in accession 0001999371-23-000213.

This filing

Form
10-Q (quarterly report)
Filed
2023-11-14
Fiscal period
fiscal Q3 2023
Accession
0001999371-23-000213 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 2023-09-3059,259,130USD
At 2022-12-3159,447,080USD

Total liabilities

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

PeriodValueUnitDays
At 2023-09-3051,960,500USD
At 2022-12-3155,250,050USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-09-307,298,630USD
At 2023-06-306,856,550USD
At 2023-03-315,519,258USD
At 2022-12-314,197,030USD
At 2022-09-30-2,743,257USD
At 2022-06-30-4,686,988USD
At 2022-03-31-5,342,122USD
At 2021-12-31-5,335,073USD

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
2023-07-01 to 2023-09-30301,364USD92
2023-01-01 to 2023-09-302,441,745USD273
2023-04-01 to 2023-06-301,157,076USD91
2023-01-01 to 2023-03-31983,305USD90
2022-07-01 to 2022-09-301,858,752USD92
2022-01-01 to 2022-09-302,343,457USD273
2022-04-01 to 2022-06-30517,636USD91
2022-01-01 to 2022-03-31-32,931USD90

Operating cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-09-30840,128USD273
2022-01-01 to 2022-09-30807,455USD273

Capital expenditure payments

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

PeriodValueUnitDays
2023-01-01 to 2023-09-3092,954USD273
2022-01-01 to 2022-09-3025,317USD273

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
2023-07-01 to 2023-09-3020,399,369USD92
2023-01-01 to 2023-09-3062,963,592USD273
2022-07-01 to 2022-09-3020,196,913USD92
2022-01-01 to 2022-09-3059,257,416USD273

Financing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-09-30-1,984,706USD273
2022-01-01 to 2022-09-30-2,463,625USD273

Investing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-09-30-92,954USD273
2022-01-01 to 2022-09-30-25,317USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-09-30-66,563,181USD
At 2022-12-31-69,004,926USD

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
2023-07-01 to 2023-09-3012,759,971shares92
2023-01-01 to 2023-09-3012,613,899shares273
2022-07-01 to 2022-09-3012,301,752shares92
2022-01-01 to 2022-09-3012,362,960shares273

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
2023-07-01 to 2023-09-3012,793,133shares92
2023-01-01 to 2023-09-3012,647,061shares273
2022-07-01 to 2022-09-3012,349,283shares92
2022-01-01 to 2022-09-3012,410,491shares273

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
2023-07-01 to 2023-09-300.02USD/shares92
2023-01-01 to 2023-09-300.19USD/shares273
2022-07-01 to 2022-09-300.15USD/shares92
2022-01-01 to 2022-09-300.19USD/shares273

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
2023-07-01 to 2023-09-30205,804USD92
2023-01-01 to 2023-09-30503,850USD273
2022-07-01 to 2022-09-303,750USD92
2022-01-01 to 2022-09-3011,250USD273

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 2023-09-30866,536USD
At 2022-12-311,124,556USD

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
2023-01-01 to 2023-09-30659,855USD273
2022-01-01 to 2022-09-30248,359USD273

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
2023-07-01 to 2023-09-301,171,025USD92
2023-01-01 to 2023-09-304,762,003USD273
2022-07-01 to 2022-09-302,583,548USD92
2022-01-01 to 2022-09-303,842,798USD273

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 2023-09-3045,125,625USD
At 2022-12-3143,198,436USD

Interest expense

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

PeriodValueUnitDays
2023-07-01 to 2023-09-30663,857USD92
2023-01-01 to 2023-09-301,816,408USD273
2022-07-01 to 2022-09-30721,046USD92
2022-01-01 to 2022-09-301,488,091USD273

Current liabilities

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

PeriodValueUnitDays
At 2023-09-3029,953,166USD
At 2022-12-3130,301,834USD

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 2023-09-3013,058,857USD
At 2022-12-318,029,996USD

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 2023-09-301,784,254USD
At 2022-12-311,784,254USD

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 2023-09-309,124,187USD
At 2022-12-314,857,772USD

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 2023-09-301,650,873USD
At 2022-12-312,493,069USD

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
2023-07-01 to 2023-09-303,706,090USD92
2023-01-01 to 2023-09-3012,972,606USD273
2022-07-01 to 2022-09-305,327,813USD92
2022-01-01 to 2022-09-3012,422,112USD273

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
2023-07-01 to 2023-09-3016,693,279USD92
2023-01-01 to 2023-09-3049,990,986USD273
2022-07-01 to 2022-09-3014,869,100USD92
2022-01-01 to 2022-09-3046,835,304USD273

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
2023-07-01 to 2023-09-302,535,065USD92
2023-01-01 to 2023-09-308,210,603USD273
2022-07-01 to 2022-09-302,744,265USD92
2022-01-01 to 2022-09-308,579,314USD273

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 2023-09-3012,760,331shares
At 2022-12-3112,506,795shares

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 2023-09-305,196,418USD
At 2022-12-316,526,627USD

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 2023-09-305,574,340USD
At 2022-12-316,895,046USD

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 2023-09-30212,054USD
At 2022-12-31238,744USD

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 2023-09-305,409,080USD
At 2022-12-317,344,590USD

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 2023-09-30670,304USD
At 2022-12-31975,830USD

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 2023-09-306,669,341USD
At 2022-12-316,001,726USD

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
2023-07-01 to 2023-09-30507,168USD92
2023-01-01 to 2023-09-302,945,595USD273
2022-07-01 to 2022-09-301,862,502USD92
2022-01-01 to 2022-09-302,354,707USD273

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
2023-01-01 to 2023-09-30350,974USD273
2022-01-01 to 2022-09-30515,626USD273

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
2023-01-01 to 2023-09-301,815,939USD273
2022-01-01 to 2022-09-301,096,800USD273

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
2022-01-01 to 2022-09-3017,146USD273

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
2023-01-01 to 2023-09-304,266,415USD273
2022-01-01 to 2022-09-303,436,442USD273

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
2023-01-01 to 2023-09-30-842,196USD273
2022-01-01 to 2022-09-30-920,684USD273

Inspect the source

Entity
CPI AEROSTRUCTURES, INC. / CIK 0000889348
Captured
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.

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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"])))