Skip to content

NXT Energy Solutions Inc.: 20-F filed 2022-05-02

What NXT Energy Solutions Inc. reported in its annual report (foreign private issuer) filed 2022-05-02 (fiscal FY 2021): 38 published measures, 112 facts as tagged in accession 0001654954-22-005703.

This filing

Form
20-F (annual report (foreign private issuer))
Filed
2022-05-02
Fiscal period
fiscal FY 2021
Accession
0001654954-22-005703 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 NXT Energy Solutions Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2021-12-3121,584,371USD
At 2020-12-3123,484,748USD

Total liabilities

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

PeriodValueUnitDays
At 2021-12-313,425,566USD
At 2020-12-312,680,623USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-12-3118,158,805USD
At 2020-12-3120,804,125USD
At 2019-12-3126,769,071USD
At 2018-12-3126,769,071USD

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 2021-12-312,257,855USD
At 2020-12-312,690,146USD
At 2019-12-312,858,245USD
At 2018-12-31339,532USD

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
2021-01-01 to 2021-12-31-3,123,799CAD365
2020-01-01 to 2020-12-31-6,028,228CAD366
2019-01-01 to 2019-12-313,794,709CAD365
2021-01-01 to 2021-12-31-3,123,799USD365
2020-01-01 to 2020-12-31-6,028,228USD366
2019-01-01 to 2019-12-313,794,709USD365

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 2021-12-31-1,033,173USD365
2020-01-01 to 2020-12-31-3,407,101USD366
2019-01-01 to 2019-12-314,200,101USD365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2021-01-01 to 2021-12-310USD365
2020-01-01 to 2020-12-310USD366
2019-01-01 to 2019-12-31216,691USD365

Revenue

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

PeriodValueUnitDays
2021-01-01 to 2021-12-313,134,250CAD365
2021-01-01 to 2021-12-313,134,250USD365
2020-01-01 to 2020-12-31136,566USD366
2019-01-01 to 2019-12-3111,976,149USD365

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 2021-12-31875,428USD365
2020-01-01 to 2020-12-31-173,616USD366
2019-01-01 to 2019-12-31-1,503,090USD365

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 2021-12-31-274,049USD365
2020-01-01 to 2020-12-313,436,691USD366
2019-01-01 to 2019-12-31-140,752USD365

Retained earnings or deficit

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

PeriodValueUnitDays
At 2021-12-31-87,002,513USD
At 2020-12-31-83,878,714USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2021-01-01 to 2021-12-3164,658,380shares365
2020-01-01 to 2020-12-3164,409,170shares366
2019-01-01 to 2019-12-3168,156,059shares365

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.

PeriodValueUnitDays
2021-01-01 to 2021-12-3164,658,380shares365
2020-01-01 to 2020-12-3164,409,170shares366
2019-01-01 to 2019-12-3168,156,059shares365

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
2021-01-01 to 2021-12-31-0.05USD/shares365
2020-01-01 to 2020-12-31-0.09USD/shares366
2019-01-01 to 2019-12-310.06USD/shares365

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.

PeriodValueUnitDays
2021-01-01 to 2021-12-31-0.05USD/shares365
2020-01-01 to 2020-12-31-0.09USD/shares366
2019-01-01 to 2019-12-310.06USD/shares365

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
2021-01-01 to 2021-12-310USD365
2020-01-01 to 2020-12-310USD366
2019-01-01 to 2019-12-310USD365

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 2021-12-31624,763CAD
At 2020-12-31707,326CAD
At 2021-12-31624,763USD
At 2020-12-31707,326USD

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
2021-01-01 to 2021-12-31287,900USD365
2020-01-01 to 2020-12-31168,416USD366
2019-01-01 to 2019-12-3143,809USD365

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 2021-12-313,914,858USD
At 2020-12-314,074,487USD

Current liabilities

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

PeriodValueUnitDays
At 2021-12-311,098,376USD
At 2020-12-311,256,035USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2021-12-3114,867,023CAD
At 2020-12-3116,285,333CAD
At 2021-12-3114,867,023USD
At 2020-12-3116,285,333USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2021-12-31841,567USD
At 2020-12-31965,548USD

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
2021-01-01 to 2021-12-316,190,509USD365
2020-01-01 to 2020-12-316,232,886USD366
2019-01-01 to 2019-12-317,975,830USD365

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 2021-12-319,381,966USD
At 2020-12-319,355,716USD

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 2021-12-311,943,252CAD
At 2020-12-311,991,772CAD
At 2021-12-311,943,252USD
At 2020-12-311,991,772USD

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 2021-12-311,902,604CAD
At 2020-12-312,089,838CAD

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 2021-12-313,770,674CAD
At 2020-12-313,770,674CAD

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 2021-12-313,145,911CAD
At 2020-12-313,063,348CAD

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 2021-12-31397,279CAD
At 2020-12-31375,937CAD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2021-12-310CAD
At 2020-12-31127,507CAD
At 2021-12-310USD
At 2020-12-31127,507USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2021-01-01 to 2021-12-31-3,123,799USD365
2020-01-01 to 2020-12-31-6,028,228USD366
2019-01-01 to 2019-12-313,794,709USD365

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
2021-01-01 to 2021-12-31-3,123,799USD365
2020-01-01 to 2020-12-31-6,028,228USD366
2019-01-01 to 2019-12-313,794,709USD365

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
2021-01-01 to 2021-12-313,189,857USD365
2020-01-01 to 2020-12-313,341,010USD366
2019-01-01 to 2019-12-313,541,594USD365

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2021-01-01 to 2021-12-3168,902,000,000USD365
2015-01-01 to 2015-12-318,500,000USD365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2021-01-01 to 2021-12-31-463,342CAD365
2020-01-01 to 2020-12-311,245,791CAD366
2019-01-01 to 2019-12-31-2,062,053CAD365

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2021-01-01 to 2021-12-310USD365
2020-01-01 to 2020-12-310USD366
2019-01-01 to 2019-12-310USD365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2021-01-01 to 2021-12-3169,259USD365
2020-01-01 to 2020-12-317,592USD366
2019-01-01 to 2019-12-310USD365

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 2021-12-31123,587CAD365
2020-01-01 to 2020-12-31406,114CAD366
2019-01-01 to 2019-12-31-1,339,409CAD365

Inspect the source

Entity
NXT Energy Solutions Inc. / CIK 0001009922
Captured
2026-09-20T05:12:15.542Z
SEC response SHA-256
901d4fbd4041b39d8003f86cd35e75698f4b71ca76f5d9c306916d09f42ea4ca

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/0001009922.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"])))