FLEXPOINT SENSOR SYSTEMS, INC.: 10-Q filed 2022-11-14

Name: FLEXPOINT SENSOR SYSTEMS, INC.: 10-Q filed 2022-11-14
Creator: FLEXPOINT SENSOR SYSTEMS, INC.

What FLEXPOINT SENSOR SYSTEMS, INC. reported in its quarterly report filed 2022-11-14 (fiscal Q3 2022): 31 published measures, 93 facts as tagged in accession 0001548123-22-000189.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-11-14
Fiscal period: fiscal Q3 2022
Accession: 0001548123-22-000189 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 2022-09-30	4,934,467	USD
At 2021-12-31	4,920,373	USD

Total liabilities

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

Period	Value	Unit	Days
At 2022-09-30	3,698,138	USD
At 2021-12-31	3,634,168	USD

Stockholders equity

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

Period	Value	Unit
At 2022-09-30	1,236,329	USD
At 2022-06-30	1,440,542	USD
At 2022-03-31	1,634,669	USD
At 2021-12-31	1,286,205	USD
At 2021-09-30	1,527,226	USD
At 2021-06-30	1,666,122	USD
At 2021-03-31	1,762,440	USD
At 2020-12-31	1,973,907	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 2021-12-31	402	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
2022-07-01 to 2022-09-30	-204,213	USD	92
2022-01-01 to 2022-09-30	-654,118	USD	273
2022-04-01 to 2022-06-30	-194,127	USD	91
2022-01-01 to 2022-03-31	-255,778	USD	90
2021-07-01 to 2021-09-30	-138,896	USD	92
2021-01-01 to 2021-09-30	-446,681	USD	273
2021-04-01 to 2021-06-30	-96,318	USD	91
2021-01-01 to 2021-03-31	-211,467	USD	90

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
2022-01-01 to 2022-09-30	-345,204	USD	273
2021-01-01 to 2021-09-30	-363,626	USD	273

Revenue

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

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	23,957	USD	92
2022-01-01 to 2022-09-30	120,896	USD	273
2021-07-01 to 2021-09-30	55,823	USD	92
2021-01-01 to 2021-09-30	155,667	USD	273

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
2022-01-01 to 2022-09-30	344,802	USD	273
2021-01-01 to 2021-09-30	363,626	USD	273

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 2022-09-30	-30,736,491	USD
At 2021-12-31	-30,082,373	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
2022-07-01 to 2022-09-30	125,557,174	shares	92
2022-01-01 to 2022-09-30	122,593,612	shares	273
2021-07-01 to 2021-09-30	114,396,242	shares	92
2021-01-01 to 2021-09-30	113,320,581	shares	273

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
2022-07-01 to 2022-09-30	125,557,174	shares	92
2022-01-01 to 2022-09-30	122,593,612	shares	273
2021-07-01 to 2021-09-30	114,396,242	shares	92
2021-01-01 to 2021-09-30	113,320,581	shares	273

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
2022-07-01 to 2022-09-30	0	USD/shares	92
2022-01-01 to 2022-09-30	-0.01	USD/shares	273
2021-07-01 to 2021-09-30	0	USD/shares	92
2021-01-01 to 2021-09-30	0	USD/shares	273

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
2022-07-01 to 2022-09-30	0	USD/shares	92
2022-01-01 to 2022-09-30	-0.01	USD/shares	273
2021-07-01 to 2021-09-30	0	USD/shares	92
2021-01-01 to 2021-09-30	0	USD/shares	273

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
2022-07-01 to 2022-09-30	-186,565	USD	92
2022-01-01 to 2022-09-30	-553,280	USD	273
2021-07-01 to 2021-09-30	-173,840	USD	92
2021-01-01 to 2021-09-30	-495,345	USD	273

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 2022-09-30	23,926	USD
At 2021-12-31	9,832	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
2022-07-01 to 2022-09-30	17,948	USD	92
2022-01-01 to 2022-09-30	55,544	USD	273
2021-07-01 to 2021-09-30	24,557	USD	92
2021-01-01 to 2021-09-30	72,589	USD	273

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 2022-09-30	3,698,138	USD
At 2021-12-31	3,634,168	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 2022-09-30	4,896,917	USD
At 2021-12-31	4,896,917	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 2022-09-30	13,135	USD
At 2021-12-31	8,918	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
2022-07-01 to 2022-09-30	210,522	USD	92
2022-01-01 to 2022-09-30	674,176	USD	273
2021-07-01 to 2021-09-30	229,663	USD	92
2021-01-01 to 2021-09-30	651,012	USD	273

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
2022-07-01 to 2022-09-30	148,315	USD	92
2022-01-01 to 2022-09-30	471,573	USD	273
2021-07-01 to 2021-09-30	172,195	USD	92
2021-01-01 to 2021-09-30	420,410	USD	273

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
2022-07-01 to 2022-09-30	55,665	USD	92
2022-01-01 to 2022-09-30	171,877	USD	273
2021-07-01 to 2021-09-30	51,379	USD	92
2021-01-01 to 2021-09-30	201,061	USD	273

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 2022-09-30	125,557,174	shares
At 2021-12-31	114,396,242	shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit	Days
At 2021-12-31	402	USD

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 2022-09-30	31,847,263	USD
At 2021-12-31	31,254,182	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 2022-09-30	597,173	USD
At 2021-12-31	597,173	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 2022-09-30	2,337,158	USD
At 2021-12-31	2,203,727	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 2022-09-30	10,791	USD
At 2021-12-31	512	USD

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
2021-01-01 to 2021-09-30	1,451	USD	273

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
2022-07-01 to 2022-09-30	-17,648	USD	92
2022-01-01 to 2022-09-30	-100,838	USD	273
2021-07-01 to 2021-09-30	34,944	USD	92
2021-01-01 to 2021-09-30	48,664	USD	273

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
2022-01-01 to 2022-09-30	4,217	USD	273
2021-01-01 to 2021-09-30	41,784	USD	273

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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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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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000925660.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"])))