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WAVE SYSTEMS CORP: 10-K filed 2015-03-09

What WAVE SYSTEMS CORP reported in its annual report filed 2015-03-09 (fiscal FY 2014): 34 published measures, 109 facts as tagged in accession 0001628280-15-001623.

This filing

Form
10-K (annual report)
Filed
2015-03-09
Fiscal period
fiscal FY 2014
Accession
0001628280-15-001623 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 WAVE SYSTEMS CORP filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2014-12-318,033,360USD
At 2013-12-3111,824,909USD

Total liabilities

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

PeriodValueUnitDays
At 2014-12-3114,949,187USD
At 2013-12-3120,808,084USD

Stockholders equity

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

PeriodValueUnitDays
At 2014-12-31-6,915,827USD
At 2013-12-31-8,983,175USD
At 2012-12-31-2,865,457USD
At 2011-12-3111,540,575USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2014-12-311,777,414USD
At 2013-12-312,120,102USD
At 2012-12-312,112,769USD
At 2011-12-313,385,035USD

Capital expenditure payments

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

PeriodValueUnitDays
2014-01-01 to 2014-12-31117,899USD365
2013-01-01 to 2013-12-31186,715USD365
2012-01-01 to 2012-12-31169,660USD366

Retained earnings or deficit

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

PeriodValueUnitDays
At 2014-12-31-430,121,078USD
At 2013-12-31-417,240,480USD

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
2014-01-01 to 2014-12-3112,000USD365
2013-01-01 to 2013-12-3110,610USD365
2012-01-01 to 2012-12-3112,033USD366

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 2014-12-31411,755USD
At 2013-12-31596,820USD

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
2014-01-01 to 2014-12-31209,961USD365
2013-01-01 to 2013-12-311,694,842USD365
2012-01-01 to 2012-12-314,830,831USD366

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
2014-10-01 to 2014-12-31-4,366,992USD92
2014-01-01 to 2014-12-31-13,445,822USD365
2014-07-01 to 2014-09-30-2,077,621USD92
2014-04-01 to 2014-06-30-3,754,279USD91
2014-01-01 to 2014-03-31-3,246,930USD90
2013-10-01 to 2013-12-31-3,611,657USD92
2013-01-01 to 2013-12-31-20,095,978USD365
2013-07-01 to 2013-09-30-2,895,031USD92
2013-04-01 to 2013-06-30-3,432,071USD91
2013-01-01 to 2013-03-31-10,157,219USD90
2012-01-01 to 2012-12-31-33,764,682USD366

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 2014-12-313,996,048USD
At 2013-12-317,022,023USD

Current liabilities

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

PeriodValueUnitDays
At 2014-12-319,044,425USD
At 2013-12-3115,216,223USD

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 2014-12-311,080,167USD
At 2013-12-311,808,335USD

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 2014-12-311,448,000USD
At 2013-12-311,448,000USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2014-12-312,008,227USD
At 2013-12-312,590,920USD

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 2014-12-311,820,945USD
At 2013-12-312,730,077USD

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
2014-10-01 to 2014-12-31303,601USD92
2014-07-01 to 2014-09-30333,828USD92
2014-04-01 to 2014-06-30338,519USD91
2014-01-01 to 2014-03-31312,828USD90
2013-10-01 to 2013-12-31313,310USD92
2013-07-01 to 2013-09-30471,200USD92
2013-04-01 to 2013-06-30579,466USD91
2013-01-01 to 2013-03-312,332,960USD90

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
2014-01-01 to 2014-12-3118,794,273USD365
2013-01-01 to 2013-12-3126,829,636USD365
2012-01-01 to 2012-12-3132,632,237USD366

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2014-01-01 to 2014-12-3110,333,607USD365
2013-01-01 to 2013-12-3111,380,258USD365
2012-01-01 to 2012-12-3119,055,894USD366

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2014-12-314,293,634USD
At 2013-12-317,929,904USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2014-12-313,881,879USD
At 2013-12-317,333,084USD

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 2014-12-312,008,227USD
At 2013-12-312,590,920USD

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 2014-12-31169,330USD
At 2013-12-31167,146USD

Other noncurrent liabilities

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

PeriodValueUnitDays
At 2014-12-3150,779USD
At 2013-12-3178,618USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2014-12-31369,000USD
At 2013-12-31402,000USD

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2014-10-01 to 2014-12-31-3,685,704USD92
2014-01-01 to 2014-12-31-12,880,598USD365
2014-07-01 to 2014-09-30-2,105,859USD92
2014-04-01 to 2014-06-30-3,795,530USD91
2014-01-01 to 2014-03-31-3,293,505USD90
2013-10-01 to 2013-12-31-3,676,389USD92
2013-01-01 to 2013-12-31-20,324,264USD365
2013-07-01 to 2013-09-30-2,943,823USD92
2013-04-01 to 2013-06-30-3,490,297USD91
2013-01-01 to 2013-03-31-10,213,755USD90
2012-01-01 to 2012-12-31-33,962,548USD366

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
2014-01-01 to 2014-12-31303,000USD365
2013-01-01 to 2013-12-31461,000USD365
2012-01-01 to 2012-12-31535,000USD366

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
2014-01-01 to 2014-12-31885,657USD365
2013-01-01 to 2013-12-311,009,876USD365
2012-01-01 to 2012-12-312,132,136USD366

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2014-01-01 to 2014-12-31583,000USD365
2013-01-01 to 2013-12-31548,000USD365
2012-01-01 to 2012-12-311,597,000USD366

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2014-01-01 to 2014-12-31577,224USD365
2013-01-01 to 2013-12-31-217,676USD365
2012-01-01 to 2012-12-31-185,833USD366

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2014-01-01 to 2014-12-3112,000USD365
2013-01-01 to 2013-12-3110,610USD365
2012-01-01 to 2012-12-3112,033USD366

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2014-01-01 to 2014-12-310USD365
2013-01-01 to 2013-12-310USD365
2012-01-01 to 2012-12-310USD366

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
2014-01-01 to 2014-12-317,895USD365
2013-01-01 to 2013-12-318,816USD365
2012-01-01 to 2012-12-3178,235USD366

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
2014-01-01 to 2014-12-31-1,161,610USD365
2013-01-01 to 2013-12-31-2,315,840USD365
2012-01-01 to 2012-12-31-1,900,250USD366

Inspect the source

Entity
WAVE SYSTEMS CORP / CIK 0000919013
Captured
SEC response SHA-256
ebae0d4e756dda92089c75382f8e1b5e5f5a76fc4d24c16d51bd06b0a531529d

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/0000919013.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"])))