AMERICAN CANNABIS COMPANY, INC.: 10-K filed 2016-04-13

Name: AMERICAN CANNABIS COMPANY, INC.: 10-K filed 2016-04-13
Creator: AMERICAN CANNABIS COMPANY, INC.

What AMERICAN CANNABIS COMPANY, INC. reported in its annual report filed 2016-04-13 (fiscal FY 2015): 33 published measures, 68 facts as tagged in accession 0000721748-16-001171.

This filing

Form: 10-K (annual report)
Filed: 2016-04-13
Fiscal period: fiscal FY 2015
Accession: 0000721748-16-001171 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 2015-12-31	730,910	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 2015-12-31	593,020	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
At 2015-12-31	137,890	USD
At 2014-12-31	84,359	USD
At 2013-12-31	8,379	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 2015-12-31	555,780	USD
At 2014-12-31	165,213	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
2015-01-01 to 2015-12-31	-515,653	USD	365
2014-01-01 to 2014-12-31	-3,619,192	USD	365

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
2015-01-01 to 2015-12-31	149,225	USD	365
2014-01-01 to 2014-12-31	34,062	USD	365

Revenue

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

Period	Value	Unit	Days
2015-01-01 to 2015-12-31	2,799,887	USD	365
2014-01-01 to 2014-12-31	1,259,012	USD	365

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 2015-12-31	250,000	USD	365
2014-01-01 to 2014-12-31	31,050	USD	365

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 2015-12-31	-8,658	USD	365
2014-01-01 to 2014-12-31	82,504	USD	365

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 2015-12-31	-4,131,266	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
2015-01-01 to 2015-12-31	44,637,046	shares	365
2014-01-01 to 2014-12-31	32,542,940	shares	365

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
2015-01-01 to 2015-12-31	44,637,046	shares	365
2014-01-01 to 2014-12-31	32,542,940	shares	365

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
2015-01-01 to 2015-12-31	-0.11	USD/shares	365
2014-01-01 to 2014-12-31	-0.01	USD/shares	365

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
2015-01-01 to 2015-12-31	-0.11	USD/shares	365
2014-01-01 to 2014-12-31	-0.01	USD/shares	365

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
2015-01-01 to 2015-12-31	0	USD	365
2014-01-01 to 2014-12-31	0	USD	365

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 2015-12-31	13,448	USD
At 2014-12-31	8,365	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 2015-12-31	124,099	USD	365
2014-01-01 to 2014-12-31	3,320,328	USD	365

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 2015-12-31	712,962	USD
At 2014-12-31	461,727	USD

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 2015-12-31	593,020	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 2015-12-31	218,334	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
2015-01-01 to 2015-12-31	1,352,740	USD	365
2014-01-01 to 2014-12-31	3,878,340	USD	365

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 2015-12-31	67,435	USD
At 2014-12-31	44,606	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
2015-01-01 to 2015-12-31	799,774	USD	365
2014-01-01 to 2014-12-31	487,536	USD	365

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
2015-01-01 to 2015-12-31	2,000,113	USD	365
2014-01-01 to 2014-12-31	771,476	USD	365

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
2015-01-01 to 2015-12-31	51,115	USD	365
2014-01-01 to 2014-12-31	12,863	USD	365

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 2015-12-31	4,268,708	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 2015-12-31	18,585	USD
At 2014-12-31	9,927	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 2015-12-31	5,137	USD
At 2014-12-31	1,562	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
2015-01-01 to 2015-12-31	687,082	USD	365
2014-01-01 to 2014-12-31	3,652,181	USD	365

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
2015-01-01 to 2015-12-31	3,575	USD	365
2014-01-01 to 2014-12-31	1,077	USD	365

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 2015-12-31	-21,396	USD	365
2014-01-01 to 2014-12-31	-65,730	USD	365

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 2015-12-31	-22,829	USD	365
2014-01-01 to 2014-12-31	-44,606	USD	365

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 2015-12-31	156,196	USD	365
2014-01-01 to 2014-12-31	61,780	USD	365

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.

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.

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Read the published dataset with Python

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"])))