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AMERICAN CANNABIS COMPANY, INC.: 10-Q filed 2021-11-05

What AMERICAN CANNABIS COMPANY, INC. reported in its quarterly report filed 2021-11-05 (fiscal Q3 2021): 36 published measures, 96 facts as tagged in accession 0001721868-21-000752.

This filing

Form
10-Q (quarterly report)
Filed
2021-11-05
Fiscal period
fiscal Q3 2021
Accession
0001721868-21-000752 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 2021-09-304,432,627USD
At 2020-12-311,888,341USD

Total liabilities

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

PeriodValueUnitDays
At 2021-09-301,653,807USD
At 2020-12-31261,154USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-09-302,778,820USD
At 2021-06-302,910,180USD
At 2020-12-311,627,187USD
At 2020-09-30975,887USD
At 2020-06-30738,768USD
At 2019-12-31879,594USD

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 2021-09-30884,056USD
At 2020-12-311,723,132USD
At 2020-09-301,194,730USD
At 2019-12-31945,181USD

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
2021-07-01 to 2021-09-30-158,295USD92
2021-01-01 to 2021-09-30-648,844USD273
2020-07-01 to 2020-09-30-134,578USD92
2020-01-01 to 2020-09-30-413,888USD274

Operating cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-09-30-649,784USD273
2020-01-01 to 2020-09-30-319,886USD274

Revenue

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

PeriodValueUnitDays
2021-07-01 to 2021-09-30752,953USD92
2021-01-01 to 2021-09-301,698,910USD273
2020-07-01 to 2020-09-30268,709USD92
2020-01-01 to 2020-09-301,259,004USD274

Financing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-09-301,240,663USD273
2020-01-01 to 2020-09-30569,523USD274

Investing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-09-30-1,429,955USD273
2020-01-01 to 2020-09-30-88USD274

Retained earnings or deficit

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

PeriodValueUnitDays
At 2021-09-30-8,657,112USD
At 2020-12-31-8,008,268USD

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.

PeriodValueUnitDays
2021-07-01 to 2021-09-300USD/shares92
2021-01-01 to 2021-09-300USD/shares273
2020-07-01 to 2020-09-300USD/shares92
2020-01-01 to 2020-09-30-0.01USD/shares274

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 2021-09-30417,410USD
At 2020-12-3124,655USD

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.

PeriodValueUnitDays
2021-07-01 to 2021-09-30-261,392USD92
2021-01-01 to 2021-09-30-845,474USD273
2020-07-01 to 2020-09-30-169,690USD92
2020-01-01 to 2020-09-30-465,522USD274

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 2021-09-301,263,040USD
At 2020-12-311,863,686USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2021-07-01 to 2021-09-3028,027USD92
2021-01-01 to 2021-09-3046,837USD273
2020-07-01 to 2020-09-301,788USD92
2020-01-01 to 2020-09-302,865USD274

Current liabilities

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

PeriodValueUnitDays
At 2021-09-301,645,538USD
At 2020-12-31261,154USD

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 2021-09-30173,762USD
At 2020-12-3113,153USD

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.

PeriodValueUnitDays
At 2021-09-301,530,316USD

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
2021-07-01 to 2021-09-30590,113USD92
2021-01-01 to 2021-09-301,615,401USD273
2020-07-01 to 2020-09-30280,938USD92
2020-01-01 to 2020-09-301,028,901USD274

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 2021-09-30277,332USD
At 2020-12-3162,402USD

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
2021-07-01 to 2021-09-30328,721USD92
2021-01-01 to 2021-09-30769,927USD273
2020-07-01 to 2020-09-30111,248USD92
2020-01-01 to 2020-09-30563,379USD274

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
2021-07-01 to 2021-09-30424,232USD92
2021-01-01 to 2021-09-30928,983USD273
2020-07-01 to 2020-09-30157,461USD92
2020-01-01 to 2020-09-30695,625USD274

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 2021-09-3011,435,132USD
At 2020-12-319,634,748USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2021-09-30125,899USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2021-09-308,269USD

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 2021-09-30463,810USD
At 2020-12-3147,274USD

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 2021-09-3046,400USD
At 2020-12-3122,621USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2021-09-301,063,074USD

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.

PeriodValueUnitDays
At 2021-09-3046,410USD
At 2020-12-31449USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2021-07-01 to 2021-09-30-158,295USD92
2021-01-01 to 2021-09-30-648,844USD273
2020-07-01 to 2020-09-30-134,578USD92
2020-01-01 to 2020-09-30-413,888USD274

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
2021-07-01 to 2021-09-30539,340USD92
2021-01-01 to 2021-09-301,428,092USD273
2020-07-01 to 2020-09-30195,864USD92
2020-01-01 to 2020-09-30768,499USD274

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
2021-01-01 to 2021-09-3077,810USD273
2020-01-01 to 2020-09-3011,070USD274

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.

PeriodValueUnitDays
2021-07-01 to 2021-09-30103,097USD92
2021-01-01 to 2021-09-30196,630USD273
2020-07-01 to 2020-09-3035,112USD92
2020-01-01 to 2020-09-3051,634USD274

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
2021-01-01 to 2021-09-30185,151USD273
2020-01-01 to 2020-09-30-75,705USD274

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
2021-01-01 to 2021-09-30-64,930USD273
2020-01-01 to 2020-09-30-47,462USD274

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
2021-01-01 to 2021-09-30160,608USD273
2020-01-01 to 2020-09-3010,546USD274

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.

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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"])))