FLEXPOINT SENSOR SYSTEMS, INC.: 10-Q filed 2016-05-16

Name: FLEXPOINT SENSOR SYSTEMS, INC.: 10-Q filed 2016-05-16
Creator: FLEXPOINT SENSOR SYSTEMS, INC.

What FLEXPOINT SENSOR SYSTEMS, INC. reported in its quarterly report filed 2016-05-16 (fiscal Q1 2016): 27 published measures, 55 facts as tagged in accession 0001548123-16-000596.

This filing

Form: 10-Q (quarterly report)
Filed: 2016-05-16
Fiscal period: fiscal Q1 2016
Accession: 0001548123-16-000596 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 FLEXPOINT SENSOR SYSTEMS, 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 2016-03-31	5,300,857	USD
At 2015-12-31	5,302,777	USD

Total liabilities

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

Period	Value	Unit	Days
At 2016-03-31	1,028,162	USD
At 2015-12-31	621,108	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2016-03-31	4,272,695	USD
At 2015-12-31	4,681,669	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
At 2016-03-31	32,779	USD
At 2015-12-31	22,706	USD
At 2015-03-31	8,901	USD
At 2014-12-31	18,307	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
2016-01-01 to 2016-03-31	-469,375	USD	91
2015-01-01 to 2015-03-31	-478,687	USD	90

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2016-01-01 to 2016-03-31	35,165	USD	91
2015-01-01 to 2015-03-31	32,000	USD	90

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 2016-03-31	-24,439,002	USD
At 2015-12-31	-23,969,627	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
2016-01-01 to 2016-03-31	8,401	USD	91

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 2016-03-31	241,839	USD
At 2015-12-31	220,018	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
2016-01-01 to 2016-03-31	223,891	USD	91
2015-01-01 to 2015-03-31	141,538	USD	90

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 2016-03-31	168,429	USD
At 2015-12-31	160,437	USD

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.

Period	Value	Unit	Days
At 2016-03-31	4,896,917	USD
At 2015-12-31	4,896,917	USD

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.

Period	Value	Unit	Days
At 2016-03-31	155,551	USD
At 2015-12-31	179,292	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 2016-03-31	111,027	USD
At 2015-12-31	98,557	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
2016-01-01 to 2016-03-31	282,564	USD	91
2015-01-01 to 2015-03-31	256,539	USD	90

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.

Period	Value	Unit	Days
2016-01-01 to 2016-03-31	1,344	USD	91
2015-01-01 to 2015-03-31	2,827	USD	90

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.

Period	Value	Unit	Days
2016-01-01 to 2016-03-31	177,420	USD	91
2015-01-01 to 2015-03-31	161,707	USD	90

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
2016-01-01 to 2016-03-31	80,059	USD	91
2015-01-01 to 2015-03-31	66,420	USD	90

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.

Period	Value	Unit	Days
At 2016-03-31	71,627,114	shares
At 2015-12-31	71,627,114	shares

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 2016-03-31	28,629,112	USD
At 2015-12-31	28,569,711	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 2016-03-31	586,394	USD
At 2015-12-31	586,394	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 2016-03-31	474,318	USD
At 2015-12-31	375,244	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 2016-03-31	9,312	USD
At 2015-12-31	11,949	USD

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.

Period	Value	Unit	Days
2016-01-01 to 2016-03-31	23,741	USD	91
2015-01-01 to 2015-03-31	25,585	USD	90

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.

Period	Value	Unit	Days
2016-01-01 to 2016-03-31	-221,976	USD	91
2015-01-01 to 2015-03-31	-254,148	USD	90

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
2016-01-01 to 2016-03-31	12,470	USD	91
2015-01-01 to 2015-03-31	-21,120	USD	90

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
2016-01-01 to 2016-03-31	7,992	USD	91
2015-01-01 to 2015-03-31	-5,876	USD	90

Inspect the source

Entity: FLEXPOINT SENSOR SYSTEMS, INC. / CIK 0000925660
Captured: 2026-09-22 19:35 UTC
SEC response SHA-256: c1bcf2ef2406906dd3970e48a6fb3783a5a341837569ce1f85b563743782b300

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000925660.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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