AMERICAN CANNABIS COMPANY, INC.: 10-Q filed 2015-11-23

Name: AMERICAN CANNABIS COMPANY, INC.: 10-Q filed 2015-11-23
Creator: AMERICAN CANNABIS COMPANY, INC.

What AMERICAN CANNABIS COMPANY, INC. reported in its quarterly report filed 2015-11-23 (fiscal Q3 2015): 34 published measures, 94 facts as tagged in accession 0000721748-15-000861.

This filing

Form: 10-Q (quarterly report)
Filed: 2015-11-23
Fiscal period: fiscal Q3 2015
Accession: 0000721748-15-000861 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 AMERICAN CANNABIS COMPANY, 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 2015-09-30	1,273,129	USD
At 2014-12-31	470,092	USD

Total liabilities

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

Period	Value	Unit	Days
At 2015-09-30	1,103,289	USD
At 2014-12-31	385,733	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2015-09-30	169,840	USD
At 2014-12-31	84,359	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 2015-09-30	488,822	USD
At 2014-12-31	165,213	USD
At 2014-09-30	157,258	USD
At 2013-12-31	17,597	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
2015-07-01 to 2015-09-30	-192,010	USD	92
2015-01-01 to 2015-09-30	-462,462	USD	273
2014-07-01 to 2014-09-30	75,238	USD	92
2014-01-01 to 2014-09-30	-15,297	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
2015-07-01 to 2015-09-30	343,129	USD	92
2015-01-01 to 2015-09-30	1,255,541	USD	273
2014-07-01 to 2014-09-30	481,598	USD	92
2014-01-01 to 2014-09-30	618,640	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
2015-01-01 to 2015-09-30	250,000	USD	273
2014-01-01 to 2014-09-30	391,200	USD	273

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
2015-01-01 to 2015-09-30	-24,583	USD	273
2014-01-01 to 2014-09-30	-2,602	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 2015-09-30	-4,078,075	USD
At 2014-12-31	-3,615,613	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
2015-07-01 to 2015-09-30	45,702,876	shares	92
2015-01-01 to 2015-09-30	45,348,984	shares	273
2014-07-01 to 2014-09-30	31,910,071	shares	92
2014-01-01 to 2014-09-30	25,368,502	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
2015-07-01 to 2015-09-30	45,702,876	shares	92
2015-01-01 to 2015-09-30	45,348,984	shares	273
2014-07-01 to 2014-09-30	36,900,161	shares	92
2014-01-01 to 2014-09-30	25,368,502	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
2015-07-01 to 2015-09-30	0	USD/shares	92
2015-01-01 to 2015-09-30	-0.01	USD/shares	273
2014-07-01 to 2014-09-30	0	USD/shares	92
2014-01-01 to 2014-09-30	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
2015-07-01 to 2015-09-30	0	USD/shares	92
2015-01-01 to 2015-09-30	-0.01	USD/shares	273
2014-07-01 to 2014-09-30	0	USD/shares	92
2014-01-01 to 2014-09-30	0	USD/shares	273

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 2015-09-30	70,563	USD
At 2014-12-31	48,416	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
2015-01-01 to 2015-09-30	102,857	USD	273
2014-01-01 to 2014-09-30	10,947	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 2015-09-30	1,198,066	USD
At 2014-12-31	421,676	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
2015-07-01 to 2015-09-30	0	USD	92
2015-01-01 to 2015-09-30	261	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 2015-09-30	1,103,289	USD
At 2014-12-31	385,733	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 2015-09-30	151,403	USD
At 2014-12-31	62,136	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
2015-07-01 to 2015-09-30	256,423	USD	92
2015-01-01 to 2015-09-30	876,023	USD	273
2014-07-01 to 2014-09-30	133,973	USD	92
2014-01-01 to 2014-09-30	277,383	USD	273

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 2015-09-30	72,402	USD
At 2014-12-31	4,555	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
2015-07-01 to 2015-09-30	73,337	USD	92
2015-01-01 to 2015-09-30	367,337	USD	273
2014-07-01 to 2014-09-30	210,209	USD	92
2014-01-01 to 2014-09-30	263,345	USD	273

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
2015-07-01 to 2015-09-30	269,792	USD	92
2015-01-01 to 2015-09-30	888,204	USD	273
2014-07-01 to 2014-09-30	271,389	USD	92
2014-01-01 to 2014-09-30	355,295	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
2015-07-01 to 2015-09-30	8,404	USD	92
2015-01-01 to 2015-09-30	50,126	USD	273

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 2015-09-30	4,247,467	USD
At 2014-12-31	3,699,526	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 2015-09-30	74,560	USD
At 2014-12-31	49,978	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 2015-09-30	3,997	USD
At 2014-12-31	1,562	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 2015-09-30	75,824	USD
At 2014-12-31	12,325	USD

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
2015-07-01 to 2015-09-30	174,069	USD	92
2015-01-01 to 2015-09-30	544,418	USD	273
2014-07-01 to 2014-09-30	82,260	USD	92
2014-01-01 to 2014-09-30	178,153	USD	273

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
2015-07-01 to 2015-09-30	961	USD	92
2015-01-01 to 2015-09-30	2,435	USD	273
2014-07-01 to 2014-09-30	212	USD	92
2014-01-01 to 2014-09-30	499	USD	273

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
2015-07-01 to 2015-09-30	-8,924	USD	92
2015-01-01 to 2015-09-30	46,224	USD	273
2014-07-01 to 2014-09-30	-998	USD	92
2014-01-01 to 2014-09-30	-1,259	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
2015-01-01 to 2015-09-30	-138,156	USD	273
2014-01-01 to 2014-09-30	-81,117	USD	273

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
2015-01-01 to 2015-09-30	-67,847	USD	273
2014-01-01 to 2014-09-30	-31,500	USD	273

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
2015-01-01 to 2015-09-30	89,472	USD	273
2014-01-01 to 2014-09-30	1,755	USD	273

Inspect the source

Entity: AMERICAN CANNABIS COMPANY, INC. / CIK 0000945617
Captured: 2026-09-21T17:17:49.948Z
SEC response SHA-256: 350382f74854196fa8edb97b9192f89d091de1e6691c382d65438650ca4396a7

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.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000945617.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"])))