ALGORHYTHM HOLDINGS, INC.: 10-Q filed 2019-11-19

Name: ALGORHYTHM HOLDINGS, INC.: 10-Q filed 2019-11-19
Creator: ALGORHYTHM HOLDINGS, INC.

What ALGORHYTHM HOLDINGS, INC. reported in its quarterly report filed 2019-11-19 (fiscal Q2 2020): 46 published measures, 124 facts as tagged in accession 0001493152-19-017908.

This filing

Form: 10-Q (quarterly report)
Filed: 2019-11-19
Fiscal period: fiscal Q2 2020
Accession: 0001493152-19-017908 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 ALGORHYTHM HOLDINGS, INC. filings.

Reported measures

Total assets

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

Period	Value	Unit	Days
At 2019-09-30	38,981,227	USD
At 2019-03-31	12,193,145	USD

Total liabilities

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

Period	Value	Unit	Days
At 2019-09-30	30,691,527	USD
At 2019-03-31	3,692,990	USD

Stockholders equity

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

Period	Value	Unit
At 2019-09-30	8,289,700	USD
At 2019-06-30	7,650,276	USD
At 2019-03-31	8,500,155	USD
At 2018-09-30	8,028,788	USD
At 2018-06-30	6,782,907	USD
At 2018-03-31	7,805,780	USD

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.

Period	Value	Unit	Days
At 2019-09-30	2,254,572	USD
At 2019-03-31	211,408	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2019-07-01 to 2019-09-30	624,222	USD	92
2019-04-01 to 2019-09-30	-245,359	USD	183
2018-07-01 to 2018-09-30	1,217,429	USD	92
2018-04-01 to 2018-09-30	183,278	USD	183

Operating cash flow

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

Period	Value	Unit	Days
2019-04-01 to 2019-09-30	-2,215,634	USD	183
2018-04-01 to 2018-09-30	-5,399,846	USD	183

Capital expenditure payments

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

Period	Value	Unit	Days
2019-04-01 to 2019-09-30	213,186	USD	183
2018-04-01 to 2018-09-30	288,740	USD	183

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.

Period	Value	Unit	Days
2019-07-01 to 2019-09-30	20,081,842	USD	92
2019-04-01 to 2019-09-30	24,890,882	USD	183
2018-07-01 to 2018-09-30	24,304,945	USD	92
2018-04-01 to 2018-09-30	26,141,456	USD	183

Financing cash flow

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

Period	Value	Unit	Days
2019-04-01 to 2019-09-30	4,471,984	USD	183
2018-04-01 to 2018-09-30	6,629,407	USD	183

Investing cash flow

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

Period	Value	Unit	Days
2019-04-01 to 2019-09-30	-213,186	USD	183
2018-04-01 to 2018-09-30	-288,740	USD	183

Retained earnings or deficit

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

Period	Value	Unit	Days
At 2019-09-30	-11,814,915	USD
At 2019-03-31	-11,569,556	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2019-07-01 to 2019-09-30	38,518,513	shares	92
2019-04-01 to 2019-09-30	38,494,687	shares	183
2018-07-01 to 2018-09-30	38,348,400	shares	92
2018-04-01 to 2018-09-30	38,315,395	shares	183

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.

Period	Value	Unit	Days
2019-07-01 to 2019-09-30	39,343,383	shares	92
2019-04-01 to 2019-09-30	38,494,687	shares	183
2018-07-01 to 2018-09-30	39,530,880	shares	92
2018-04-01 to 2018-09-30	39,497,875	shares	183

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.

Period	Value	Unit	Days
2019-07-01 to 2019-09-30	0.02	USD/shares	92
2019-04-01 to 2019-09-30	-0.01	USD/shares	183
2018-07-01 to 2018-09-30	0.03	USD/shares	92
2018-04-01 to 2018-09-30	0	USD/shares	183

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.

Period	Value	Unit	Days
2019-07-01 to 2019-09-30	0.02	USD/shares	92
2019-04-01 to 2019-09-30	-0.01	USD/shares	183
2018-07-01 to 2018-09-30	0.03	USD/shares	92
2018-04-01 to 2018-09-30	0	USD/shares	183

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2019-07-01 to 2019-09-30	184,140	USD	92
2019-04-01 to 2019-09-30	-54,591	USD	183
2018-07-01 to 2018-09-30	378,745	USD	92
2018-04-01 to 2018-09-30	54,745	USD	183

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.

Period	Value	Unit	Days
At 2019-09-30	617,047	USD
At 2019-03-31	522,910	USD

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.

Period	Value	Unit	Days
2019-04-01 to 2019-09-30	22,504	USD	183
2018-04-01 to 2018-09-30	33,330	USD	183

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.

Period	Value	Unit	Days
2019-07-01 to 2019-09-30	859,334	USD	92
2019-04-01 to 2019-09-30	-242,770	USD	183
2018-07-01 to 2018-09-30	1,671,683	USD	92
2018-04-01 to 2018-09-30	340,251	USD	183

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.

Period	Value	Unit	Days
At 2019-09-30	36,510,779	USD
At 2019-03-31	10,818,454	USD

Interest expense

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

Period	Value	Unit	Days
2019-07-01 to 2019-09-30	47,639	USD	92
2019-04-01 to 2019-09-30	50,514	USD	183
2018-07-01 to 2018-09-30	72,176	USD	92
2018-04-01 to 2018-09-30	95,561	USD	183

Current liabilities

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

Period	Value	Unit	Days
At 2019-09-30	30,158,590	USD
At 2019-03-31	3,675,491	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2019-09-30	17,457,261	USD
At 2019-03-31	842,708	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2019-09-30	16,249,229	USD
At 2019-03-31	1,769,404	USD

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.

Period	Value	Unit	Days
2019-07-01 to 2019-09-30	4,782,986	USD	92
2019-04-01 to 2019-09-30	6,872,796	USD	183
2018-07-01 to 2018-09-30	3,534,999	USD	92
2018-04-01 to 2018-09-30	5,257,914	USD	183

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2019-09-30	15,288,725	USD
At 2019-03-31	6,024,311	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2019-07-01 to 2019-09-30	5,642,320	USD	92
2019-04-01 to 2019-09-30	6,630,026	USD	183
2018-07-01 to 2018-09-30	5,206,682	USD	92
2018-04-01 to 2018-09-30	5,598,165	USD	183

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.

Period	Value	Unit	Days
2019-07-01 to 2019-09-30	18,000	USD	92
2019-04-01 to 2019-09-30	23,000	USD	183
2018-07-01 to 2018-09-30	21,000	USD	92
2018-04-01 to 2018-09-30	37,000	USD	183

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.

Period	Value	Unit	Days
At 2019-09-30	19,719,038	USD
At 2019-03-31	19,687,263	USD

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.

Period	Value	Unit	Days
At 2019-09-30	845,703	USD

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.

Period	Value	Unit	Days
At 2019-09-30	944,406	USD

Gross property, plant and equipment

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

Period	Value	Unit	Days
At 2019-09-30	2,114,409	USD
At 2019-03-31	1,915,241	USD

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.

Period	Value	Unit	Days
At 2019-09-30	1,497,362	USD
At 2019-03-31	1,392,331	USD

Other noncurrent assets

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

Period	Value	Unit	Days
At 2019-09-30	194,741	USD
At 2019-03-31	90,082	USD

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.

Period	Value	Unit	Days
At 2019-09-30	1,651,888	USD
At 2019-03-31	950,773	USD

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.

Period	Value	Unit	Days
At 2019-09-30	257,611	USD
At 2019-03-31	274,278	USD

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.

Period	Value	Unit	Days
At 2019-09-30	66,923	USD

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.

Period	Value	Unit	Days
2019-07-01 to 2019-09-30	808,362	USD	92
2019-04-01 to 2019-09-30	-299,950	USD	183
2018-07-01 to 2018-09-30	1,596,174	USD	92
2018-04-01 to 2018-09-30	238,023	USD	183

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.

Period	Value	Unit	Days
2019-07-01 to 2019-09-30	2,235,269	USD	92
2019-04-01 to 2019-09-30	3,606,325	USD	183
2018-07-01 to 2018-09-30	1,452,125	USD	92
2018-04-01 to 2018-09-30	2,660,769	USD	183

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.

Period	Value	Unit	Days
2019-07-01 to 2019-09-30	60,000	USD	92
2019-04-01 to 2019-09-30	119,049	USD	183
2018-07-01 to 2018-09-30	68,000	USD	92
2018-04-01 to 2018-09-30	135,781	USD	183

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.

Period	Value	Unit	Days
2019-07-01 to 2019-09-30	-50,972	USD	92
2019-04-01 to 2019-09-30	-57,180	USD	183
2018-07-01 to 2018-09-30	-75,509	USD	92
2018-04-01 to 2018-09-30	-102,228	USD	183

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.

Period	Value	Unit	Days
2019-04-01 to 2019-09-30	62,370	USD	183
2018-04-01 to 2018-09-30	52,513	USD	183

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

Period	Value	Unit	Days
2019-04-01 to 2019-09-30	324,783	USD	183

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.

Period	Value	Unit	Days
2019-04-01 to 2019-09-30	14,759,924	USD	183
2018-04-01 to 2018-09-30	19,152,434	USD	183

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.

Period	Value	Unit	Days
2019-04-01 to 2019-09-30	9,264,414	USD	183
2018-04-01 to 2018-09-30	4,276,018	USD	183

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.

Period	Value	Unit	Days
2019-04-01 to 2019-09-30	16,614,553	USD	183
2018-04-01 to 2018-09-30	17,040,099	USD	183

Inspect the source

Entity: ALGORHYTHM HOLDINGS, INC. / CIK 0000923601
Captured: 2026-09-20T05:08:18.273Z
SEC response SHA-256: 844103c79aea3fc7836ad67f58b3c8d3bedb66139c8748d5af6e82a6ad3d6baa

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/0000923601.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"])))