Skip to content

FALCONSTOR SOFTWARE, INC.: 10-Q filed 2012-11-09

What FALCONSTOR SOFTWARE, INC. reported in its quarterly report filed 2012-11-09 (fiscal Q3 2012): 45 published measures, 126 facts as tagged in accession 0000921895-12-002167.

This filing

Form
10-Q (quarterly report)
Filed
2012-11-09
Fiscal period
fiscal Q3 2012
Accession
0000921895-12-002167 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 FALCONSTOR SOFTWARE, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2012-09-3054,810,171USD
At 2011-12-3173,046,894USD

Total liabilities

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

PeriodValueUnitDays
At 2012-09-3040,636,789USD
At 2011-12-3150,229,956USD

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 2012-09-3012,154,409USD
At 2011-12-3116,257,694USD
At 2011-09-3016,361,604USD
At 2010-12-3117,842,555USD

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
2012-07-01 to 2012-09-30-3,568,051USD92
2012-01-01 to 2012-09-30-12,638,045USD274
2011-07-01 to 2011-09-30-5,398,176USD92
2011-01-01 to 2011-09-30-17,253,479USD273

Capital expenditure payments

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

PeriodValueUnitDays
2012-01-01 to 2012-09-302,147,191USD274
2011-01-01 to 2011-09-301,527,048USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2012-09-30-98,563,843USD
At 2011-12-31-85,925,798USD

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
2012-07-01 to 2012-09-3047,542,304shares92
2012-01-01 to 2012-09-3047,353,922shares274
2011-07-01 to 2011-09-3046,779,040shares92
2011-01-01 to 2011-09-3046,563,004shares273

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
2012-07-01 to 2012-09-3047,542,304shares92
2012-01-01 to 2012-09-3047,353,922shares274
2011-07-01 to 2011-09-3046,779,040shares92
2011-01-01 to 2011-09-3046,563,004shares273

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
2012-07-01 to 2012-09-30-0.08USD/shares92
2012-01-01 to 2012-09-30-0.27USD/shares274
2011-07-01 to 2011-09-30-0.12USD/shares92
2011-01-01 to 2011-09-30-0.37USD/shares273

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
2012-07-01 to 2012-09-30-0.08USD/shares92
2012-01-01 to 2012-09-30-0.27USD/shares274
2011-07-01 to 2011-09-30-0.12USD/shares92
2011-01-01 to 2011-09-30-0.37USD/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
2012-07-01 to 2012-09-3083,073USD92
2012-01-01 to 2012-09-30490,888USD274
2011-07-01 to 2011-09-30206,837USD92
2011-01-01 to 2011-09-30869,221USD273

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 2012-09-304,387,606USD
At 2011-12-314,364,180USD

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
2012-01-01 to 2012-09-303,566,265USD274
2011-01-01 to 2011-09-304,059,643USD273

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
2012-07-01 to 2012-09-30-3,587,037USD92
2012-01-01 to 2012-09-30-12,004,352USD274
2011-07-01 to 2011-09-30-5,120,073USD92
2011-01-01 to 2011-09-30-16,763,948USD273

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 2012-09-3041,935,085USD
At 2011-12-3160,326,447USD

Current liabilities

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

PeriodValueUnitDays
At 2012-09-3030,104,618USD
At 2011-12-3139,944,576USD

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 2012-09-301,514,250USD
At 2011-12-312,883,844USD

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 2012-09-304,150,339USD
At 2011-12-314,150,339USD

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 2012-09-3010,965,296USD
At 2011-12-3119,314,789USD

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
2012-07-01 to 2012-09-3015,795,133USD92
2012-01-01 to 2012-09-3049,986,638USD274
2011-07-01 to 2011-09-3019,169,874USD92
2011-01-01 to 2011-09-3058,874,166USD273

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 2012-09-30721,827USD
At 2011-12-311,769,007USD

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
2012-07-01 to 2012-09-3012,208,096USD92
2012-01-01 to 2012-09-3037,982,286USD274
2011-07-01 to 2011-09-3014,049,801USD92
2011-01-01 to 2011-09-3042,110,218USD273

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
2012-07-01 to 2012-09-304,880,917USD92
2012-01-01 to 2012-09-3014,941,000USD274
2011-07-01 to 2011-09-304,806,589USD92
2011-01-01 to 2011-09-3015,333,442USD273

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
2012-07-01 to 2012-09-304,643,102USD92
2012-01-01 to 2012-09-3014,115,388USD274
2011-07-01 to 2011-09-305,033,211USD92
2011-01-01 to 2011-09-3016,383,318USD273

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 2012-09-3047,547,676shares
At 2011-12-3146,926,162shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2012-09-30161,539,252USD
At 2011-12-31157,321,564USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2012-09-30-1,941,241USD
At 2011-12-31-1,717,420USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2012-09-3014,173,382USD
At 2011-12-3122,816,938USD

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 2012-09-3019,907,079USD
At 2011-12-3117,797,835USD

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 2012-09-30190,106USD
At 2011-12-31191,572USD

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 2012-09-302,207,272USD
At 2011-12-312,183,973USD

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 2012-09-304,433,219USD
At 2011-12-312,587,327USD

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 2012-09-3011,063,649USD
At 2011-12-3117,609,766USD

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 2012-09-304,716,228USD
At 2011-12-311,912,831USD

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
2012-07-01 to 2012-09-30-3,484,978USD92
2012-01-01 to 2012-09-30-12,147,157USD274
2011-07-01 to 2011-09-30-5,191,339USD92
2011-01-01 to 2011-09-30-16,384,258USD273

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2012-07-01 to 2012-09-30-125,438USD92
2012-01-01 to 2012-09-30-223,821USD274
2011-07-01 to 2011-09-30-30,893USD92
2011-01-01 to 2011-09-30-245,292USD273

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
2012-07-01 to 2012-09-303,461,880USD92
2012-01-01 to 2012-09-309,590,909USD274
2011-07-01 to 2011-09-302,904,767USD92
2011-01-01 to 2011-09-308,463,762USD273

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
2012-07-01 to 2012-09-30631,009USD92
2012-01-01 to 2012-09-302,137,809USD274
2011-07-01 to 2011-09-30984,639USD92
2011-01-01 to 2011-09-302,818,692USD273

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
2012-01-01 to 2012-09-302,445,434USD274
2011-01-01 to 2011-09-303,195,073USD273

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
2012-07-01 to 2012-09-3030,175USD92
2012-01-01 to 2012-09-3088,424USD274
2011-07-01 to 2011-09-3033,456USD92
2011-01-01 to 2011-09-30294,211USD273

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
2012-07-01 to 2012-09-30102,059USD92
2012-01-01 to 2012-09-30-142,805USD274
2011-07-01 to 2011-09-30-71,266USD92
2011-01-01 to 2011-09-30379,690USD273

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
2012-01-01 to 2012-09-3011,892USD274
2011-01-01 to 2011-09-3014,912USD273

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
2012-01-01 to 2012-09-30-8,169,755USD274
2011-01-01 to 2011-09-30-9,697,385USD273

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
2012-01-01 to 2012-09-30-1,047,180USD274
2011-01-01 to 2011-09-304,294USD273

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
2012-01-01 to 2012-09-30-1,372,792USD274
2011-01-01 to 2011-09-30272,517USD273

Inspect the source

Entity
FALCONSTOR SOFTWARE, INC. / CIK 0000922521
Captured
SEC response SHA-256
daf31362a6dea87bf3bd01befafcf6622d5b5987059f0337a14fc40c8de88736

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/0000922521.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"])))