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FALCONSTOR SOFTWARE, INC.: 10-K filed 2015-02-25

What FALCONSTOR SOFTWARE, INC. reported in its annual report filed 2015-02-25 (fiscal FY 2014): 54 published measures, 174 facts as tagged in accession 0000922521-15-000005.

This filing

Form
10-K (annual report)
Filed
2015-02-25
Fiscal period
fiscal FY 2014
Accession
0000922521-15-000005 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 2014-12-3142,322,836USD
At 2013-12-3153,218,404USD

Total liabilities

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

PeriodValueUnitDays
At 2014-12-3145,563,123USD
At 2013-12-3140,262,498USD

Stockholders equity

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

PeriodValueUnitDays
At 2014-12-31-10,471,228USD
At 2013-12-316,218,328USD

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 2014-12-3110,873,891USD
At 2013-12-3119,288,340USD
At 2012-12-3118,651,468USD
At 2011-12-3116,257,694USD

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
2014-10-01 to 2014-12-31-2,827,016USD92
2014-01-01 to 2014-12-31-7,211,821USD365
2014-07-01 to 2014-09-30-3,545,218USD92
2014-04-01 to 2014-06-301,023,512USD91
2014-01-01 to 2014-03-31-3,104,078USD90
2013-10-01 to 2013-12-31576,864USD92
2013-01-01 to 2013-12-31-10,932,590USD365
2013-07-01 to 2013-09-30-2,265,599USD92
2013-04-01 to 2013-06-30-5,207,293USD91
2013-01-01 to 2013-03-31-4,380,445USD90
2012-01-01 to 2012-12-31-14,984,321USD366

Operating cash flow

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

PeriodValueUnitDays
2014-01-01 to 2014-12-31491,246USD365
2013-01-01 to 2013-12-31-11,134,925USD365
2012-01-01 to 2012-12-31-5,268,470USD366

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 2014-12-31758,906USD365
2013-01-01 to 2013-12-311,536,167USD365
2012-01-01 to 2012-12-312,487,128USD366

Financing cash flow

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

PeriodValueUnitDays
2014-01-01 to 2014-12-31-5,437,808USD365
2013-01-01 to 2013-12-319,429,177USD365
2012-01-01 to 2012-12-31738,184USD366

Investing cash flow

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

PeriodValueUnitDays
2014-01-01 to 2014-12-31-3,175,773USD365
2013-01-01 to 2013-12-312,572,090USD365
2012-01-01 to 2012-12-317,235,301USD366

Retained earnings or deficit

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

PeriodValueUnitDays
At 2014-12-31-119,054,530USD
At 2013-12-31-111,842,709USD

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
2014-01-01 to 2014-12-3146,265,225shares365
2013-01-01 to 2013-12-3147,979,467shares365
2012-01-01 to 2012-12-3147,408,995shares366

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
2014-01-01 to 2014-12-3146,265,225shares365
2013-01-01 to 2013-12-3147,979,467shares365
2012-01-01 to 2012-12-3147,408,995shares366

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
2014-10-01 to 2014-12-31-0.06USD/shares92
2014-01-01 to 2014-12-31-0.18USD/shares365
2014-07-01 to 2014-09-30-0.08USD/shares92
2014-04-01 to 2014-06-300.02USD/shares91
2014-01-01 to 2014-03-31-0.06USD/shares90
2013-10-01 to 2013-12-310.01USD/shares92
2013-01-01 to 2013-12-31-0.24USD/shares365
2013-07-01 to 2013-09-30-0.05USD/shares92
2013-04-01 to 2013-06-30-0.11USD/shares91
2013-01-01 to 2013-03-31-0.09USD/shares90
2012-01-01 to 2012-12-31-0.32USD/shares366

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
2014-10-01 to 2014-12-31-0.06USD/shares92
2014-01-01 to 2014-12-31-0.18USD/shares365
2014-07-01 to 2014-09-30-0.08USD/shares92
2014-04-01 to 2014-06-300.02USD/shares91
2014-01-01 to 2014-03-31-0.06USD/shares90
2013-10-01 to 2013-12-310.01USD/shares92
2013-01-01 to 2013-12-31-0.24USD/shares365
2013-07-01 to 2013-09-30-0.05USD/shares92
2013-04-01 to 2013-06-30-0.11USD/shares91
2013-01-01 to 2013-03-31-0.09USD/shares90
2012-01-01 to 2012-12-31-0.32USD/shares366

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 2014-12-31510,091USD365
2013-01-01 to 2013-12-31-1,573,768USD365
2012-01-01 to 2012-12-31786,407USD366

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 2014-12-312,147,188USD
At 2013-12-313,317,344USD

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 2014-12-311,465,010USD365
2013-01-01 to 2013-12-311,668,050USD365
2012-01-01 to 2012-12-314,587,282USD366

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
2014-01-01 to 2014-12-31-6,059,097USD365
2013-01-01 to 2013-12-31-13,600,484USD365
2012-01-01 to 2012-12-31-13,674,903USD366

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 2014-12-3132,939,288USD
At 2013-12-3142,176,144USD

Current liabilities

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

PeriodValueUnitDays
At 2014-12-3131,609,021USD
At 2013-12-3127,849,316USD

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 2014-12-311,266,504USD
At 2013-12-311,024,180USD

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 2014-12-314,150,339USD
At 2013-12-314,150,339USD

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 2014-12-318,898,680USD
At 2013-12-3111,150,323USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2014-01-01 to 2014-12-314,685,401USD365
2013-01-01 to 2013-12-310USD365
2012-01-01 to 2012-12-310USD366

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
2014-01-01 to 2014-12-3141,701,896USD365
2013-01-01 to 2013-12-3157,081,174USD365
2012-01-01 to 2012-12-3168,423,799USD366

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 2014-12-31352,493USD
At 2013-12-31919,390USD

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
2014-10-01 to 2014-12-319,137,575USD92
2014-01-01 to 2014-12-3135,642,799USD365
2014-07-01 to 2014-09-308,583,096USD92
2014-04-01 to 2014-06-308,595,004USD91
2014-01-01 to 2014-03-319,327,124USD90
2013-10-01 to 2013-12-3111,393,807USD92
2013-01-01 to 2013-12-3143,480,690USD365
2013-07-01 to 2013-09-3010,961,078USD92
2013-04-01 to 2013-06-3010,149,045USD91
2013-01-01 to 2013-03-3110,976,760USD90
2012-01-01 to 2012-12-3154,748,896USD366

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
2014-01-01 to 2014-12-3110,630,716USD365
2013-01-01 to 2013-12-3115,155,814USD365
2012-01-01 to 2012-12-3120,662,073USD366

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 2014-12-3112,452,528USD365
2013-01-01 to 2013-12-3115,613,543USD365
2012-01-01 to 2012-12-3118,950,084USD366

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 2014-12-3140,924,313shares
At 2013-12-3148,031,737shares

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 2014-12-31166,933,291USD
At 2013-12-31166,683,726USD

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 2014-12-31-1,511,290USD
At 2013-12-31-1,762,387USD
At 2012-12-31-1,650,050USD

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 2014-12-3119,015,099USD
At 2013-12-3119,339,574USD

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 2014-12-3116,867,911USD
At 2013-12-3116,022,230USD

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 2014-12-31196,037USD
At 2013-12-31179,596USD

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 2014-12-311,373,964USD
At 2013-12-311,549,255USD

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 2014-12-31630,444USD
At 2013-12-31617,300USD

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 2014-12-316,939,198USD
At 2013-12-318,658,863USD

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 2014-12-311,596,916USD
At 2013-12-311,636,891USD

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 2014-12-31185,630USD
At 2013-12-31297,746USD

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
2014-01-01 to 2014-12-31-6,701,730USD365
2013-01-01 to 2013-12-31-12,506,358USD365
2012-01-01 to 2012-12-31-14,197,914USD366

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
2014-01-01 to 2014-12-31251,097USD365
2013-01-01 to 2013-12-31-112,337USD365
2012-01-01 to 2012-12-3167,370USD366

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
2014-01-01 to 2014-12-31-8,452,800USD365
2013-01-01 to 2013-12-31-11,276,473USD365
2012-01-01 to 2012-12-31-14,984,321USD366

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
2014-01-01 to 2014-12-319,105,545USD365
2013-01-01 to 2013-12-3112,265,038USD365
2012-01-01 to 2012-12-3113,334,475USD366

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 2014-12-311,700,000USD365
2013-01-01 to 2013-12-312,200,000USD365
2012-01-01 to 2012-12-312,900,000USD366

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 2014-12-312,503,762USD365
2013-01-01 to 2013-12-312,660,826USD365
2012-01-01 to 2012-12-313,314,360USD366

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 2014-12-31121,874USD365
2013-01-01 to 2013-12-31122,951USD365
2012-01-01 to 2012-12-31118,789USD366

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
2014-01-01 to 2014-12-31-642,633USD365
2013-01-01 to 2013-12-311,094,126USD365
2012-01-01 to 2012-12-31-523,011USD366

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 2014-12-31425,709USD365
2013-01-01 to 2013-12-31-1,683,971USD365
2012-01-01 to 2012-12-31869,757USD366

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 2014-12-31121,694USD365
2013-01-01 to 2013-12-31110,203USD365
2012-01-01 to 2012-12-31-83,350USD366

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 2014-12-31186,194USD365
2013-01-01 to 2013-12-3195,593USD365
2012-01-01 to 2012-12-31688,167USD366

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 2014-12-31-2,394,162USD365
2013-01-01 to 2013-12-31-3,327,614USD365
2012-01-01 to 2012-12-31-4,849,209USD366

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
2014-01-01 to 2014-12-31-566,897USD365
2013-01-01 to 2013-12-31276,571USD365
2012-01-01 to 2012-12-31-1,126,188USD366

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
2014-01-01 to 2014-12-31280,170USD365
2013-01-01 to 2013-12-31-1,809,000USD365
2012-01-01 to 2012-12-31-101,784USD366

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

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with urlopen("https://canlicapital.com/company-data/0000922521.json") as response:
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print(record["policy"])
for concept in record["concepts"]:
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