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AMERICAN CANNABIS COMPANY, INC.: 10-Q filed 2016-08-18

What AMERICAN CANNABIS COMPANY, INC. reported in its quarterly report filed 2016-08-18 (fiscal Q2 2016): 30 published measures, 80 facts as tagged in accession 0000721748-16-001597.

This filing

Form
10-Q (quarterly report)
Filed
2016-08-18
Fiscal period
fiscal Q2 2016
Accession
0000721748-16-001597 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.

PeriodValueUnitDays
At 2016-06-30522,514USD
At 2015-12-31730,910USD

Total liabilities

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

PeriodValueUnitDays
At 2016-06-30398,208USD
At 2015-12-31593,020USD

Stockholders equity

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

PeriodValueUnitDays
At 2016-06-30124,306USD
At 2015-12-31137,890USD

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.

PeriodValueUnitDays
At 2016-06-30228,654USD
At 2015-12-31555,780USD
At 2015-06-30227,513USD
At 2014-12-31165,213USD

Net income or loss

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

PeriodValueUnitDays
2016-04-01 to 2016-06-30-84,775USD91
2016-01-01 to 2016-06-30-98,332USD182
2015-04-01 to 2015-06-30-43,614USD91
2015-01-01 to 2015-06-30-270,452USD181

Operating cash flow

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

PeriodValueUnitDays
2016-01-01 to 2016-06-30-464,529USD182
2015-01-01 to 2015-06-30-175,368USD181

Revenue

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

PeriodValueUnitDays
2016-04-01 to 2016-06-30443,648USD91
2016-01-01 to 2016-06-30984,052USD182
2015-04-01 to 2015-06-30468,745USD91
2015-01-01 to 2015-06-30912,412USD181

Financing cash flow

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

PeriodValueUnitDays
2016-01-01 to 2016-06-30139,065USD182
2015-01-01 to 2015-06-30250,000USD181

Investing cash flow

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

PeriodValueUnitDays
2016-01-01 to 2016-06-30-1,662USD182
2015-01-01 to 2015-06-30-12,332USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2016-06-30-4,229,598USD
At 2015-12-31-4,131,266USD

Income tax expense or benefit

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

PeriodValueUnitDays
2016-04-01 to 2016-06-300USD91
2016-01-01 to 2016-06-300USD182
2015-04-01 to 2015-06-300USD91
2015-01-01 to 2015-06-300USD181

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.

PeriodValueUnitDays
At 2016-06-3012,633USD
At 2015-12-3113,448USD

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.

PeriodValueUnitDays
2016-01-01 to 2016-06-3014,422USD182
2015-01-01 to 2015-06-3080,394USD181

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.

PeriodValueUnitDays
At 2016-06-30505,381USD
At 2015-12-31712,962USD

Current liabilities

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

PeriodValueUnitDays
At 2016-06-30398,208USD
At 2015-12-31593,020USD

Current accounts payable

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

PeriodValueUnitDays
At 2016-06-3071,843USD
At 2015-12-31218,334USD

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.

PeriodValueUnitDays
2016-04-01 to 2016-06-30329,921USD91
2016-01-01 to 2016-06-30591,398USD182
2015-04-01 to 2015-06-30311,314USD91
2015-01-01 to 2015-06-30689,531USD181

Net inventory

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

PeriodValueUnitDays
At 2016-06-3067,728USD
At 2015-12-3167,435USD

Gross profit

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

PeriodValueUnitDays
2016-04-01 to 2016-06-30246,522USD91
2016-01-01 to 2016-06-30503,395USD182
2015-04-01 to 2015-06-30203,766USD91
2015-01-01 to 2015-06-30363,931USD181

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.

PeriodValueUnitDays
2016-04-01 to 2016-06-30197,126USD91
2016-01-01 to 2016-06-30480,657USD182
2015-04-01 to 2015-06-30264,979USD91
2015-01-01 to 2015-06-30548,481USD181

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.

PeriodValueUnitDays
2016-04-01 to 2016-06-301,413USD91
2016-01-01 to 2016-06-301,413USD182
2015-04-01 to 2015-06-3011,350USD91
2015-01-01 to 2015-06-3041,722USD181

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.

PeriodValueUnitDays
At 2016-06-304,353,439USD
At 2015-12-314,268,708USD

Gross property, plant and equipment

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

PeriodValueUnitDays
At 2016-06-3020,247USD
At 2015-12-3118,585USD

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.

PeriodValueUnitDays
At 2016-06-307,614USD
At 2015-12-315,137USD

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.

PeriodValueUnitDays
At 2016-06-3011,000USD
At 2015-12-3113,845USD

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.

PeriodValueUnitDays
2016-04-01 to 2016-06-30307,953USD91
2016-01-01 to 2016-06-30531,440USD182
2015-04-01 to 2015-06-30130,454USD91
2015-01-01 to 2015-06-30252,578USD181

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.

PeriodValueUnitDays
2016-04-01 to 2016-06-301,256USD91
2016-01-01 to 2016-06-302,477USD182
2015-04-01 to 2015-06-30758USD91
2015-01-01 to 2015-06-301,474USD181

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.

PeriodValueUnitDays
2016-01-01 to 2016-06-30-116,795USD182
2015-01-01 to 2015-06-30-44,842USD181

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.

PeriodValueUnitDays
2016-01-01 to 2016-06-30-293USD182
2015-01-01 to 2015-06-30-25,600USD181

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.

PeriodValueUnitDays
2016-01-01 to 2016-06-30-146,491USD182
2015-01-01 to 2015-06-3080,370USD181

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.

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/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"])))