Charles & Colvard, Ltd.: 10-Q filed 2016-08-04

Name: Charles & Colvard, Ltd.: 10-Q filed 2016-08-04
Creator: Charles & Colvard, Ltd.

What Charles & Colvard, Ltd. reported in its quarterly report filed 2016-08-04 (fiscal Q2 2016): 36 published measures, 96 facts as tagged in accession 0001140361-16-074741.

This filing

Form: 10-Q (quarterly report)
Filed: 2016-08-04
Fiscal period: fiscal Q2 2016
Accession: 0001140361-16-074741 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 Charles & Colvard, Ltd. 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 2016-06-30	41,833,661	USD
At 2015-12-31	44,140,838	USD

Total liabilities

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

Period	Value	Unit	Days
At 2016-06-30	5,099,071	USD
At 2015-12-31	5,752,061	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2016-06-30	36,734,590	USD
At 2015-12-31	38,388,777	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 2016-06-30	11,111,309	USD
At 2015-12-31	5,274,305	USD
At 2015-06-30	5,254,242	USD
At 2014-12-31	4,007,341	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
2016-04-01 to 2016-06-30	-987,964	USD	91
2016-01-01 to 2016-06-30	-2,295,386	USD	182
2015-04-01 to 2015-06-30	-4,047,536	USD	91
2015-01-01 to 2015-06-30	-5,726,987	USD	181

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
2016-01-01 to 2016-06-30	5,584,721	USD	182
2015-01-01 to 2015-06-30	1,274,887	USD	181

Capital expenditure payments

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

Period	Value	Unit	Days
2016-01-01 to 2016-06-30	118,433	USD	182
2015-01-01 to 2015-06-30	145,733	USD	181

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
2016-01-01 to 2016-06-30	249,983	USD	182
2015-01-01 to 2015-06-30	-200,752	USD	181

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 2016-06-30	-31,427,776	USD
At 2015-12-31	-29,132,390	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
2016-04-01 to 2016-06-30	20,966,256	shares	91
2016-01-01 to 2016-06-30	20,848,337	shares	182
2015-04-01 to 2015-06-30	20,326,577	shares	91
2015-01-01 to 2015-06-30	20,217,646	shares	181

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
2016-04-01 to 2016-06-30	20,966,256	shares	91
2016-01-01 to 2016-06-30	20,848,337	shares	182
2015-04-01 to 2015-06-30	20,326,577	shares	91
2015-01-01 to 2015-06-30	20,217,646	shares	181

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
2016-04-01 to 2016-06-30	-0.05	USD/shares	91
2016-01-01 to 2016-06-30	-0.11	USD/shares	182
2015-04-01 to 2015-06-30	-0.2	USD/shares	91
2015-01-01 to 2015-06-30	-0.28	USD/shares	181

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
2016-04-01 to 2016-06-30	-0.05	USD/shares	91
2016-01-01 to 2016-06-30	-0.11	USD/shares	182
2015-04-01 to 2015-06-30	-0.2	USD/shares	91
2015-01-01 to 2015-06-30	-0.28	USD/shares	181

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
2016-04-01 to 2016-06-30	3,500	USD	91
2016-01-01 to 2016-06-30	6,743	USD	182
2015-04-01 to 2015-06-30	3,243	USD	91
2015-01-01 to 2015-06-30	6,336	USD	181

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 2016-06-30	1,317,659	USD
At 2015-12-31	1,615,683	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
2016-01-01 to 2016-06-30	594,728	USD	182
2015-01-01 to 2015-06-30	676,664	USD	181

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.

Period	Value	Unit	Days
2016-04-01 to 2016-06-30	-864,203	USD	91
2016-01-01 to 2016-06-30	-1,607,968	USD	182
2015-04-01 to 2015-06-30	-2,896,175	USD	91
2015-01-01 to 2015-06-30	-3,534,080	USD	181

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 2016-06-30	24,384,139	USD
At 2015-12-31	20,650,859	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
2016-04-01 to 2016-06-30	5	USD	91
2016-01-01 to 2016-06-30	1,512	USD	182
2015-04-01 to 2015-06-30	767	USD	91
2015-01-01 to 2015-06-30	784	USD	181

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 2016-06-30	4,015,958	USD
At 2015-12-31	4,621,335	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 2016-06-30	3,062,700	USD
At 2015-12-31	3,323,148	USD

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.

Period	Value	Unit	Days
At 2016-06-30	5,564	USD
At 2015-12-31	71,086	USD

Net current accounts receivable

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

Period	Value	Unit	Days
At 2016-06-30	2,228,545	USD
At 2015-12-31	3,852,651	USD

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 2016-06-30	10,121,500	USD
At 2015-12-31	10,739,798	USD

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
2016-04-01 to 2016-06-30	980	USD	91
2016-01-01 to 2016-06-30	2,848	USD	182
2015-04-01 to 2015-06-30	7,043	USD	91
2015-01-01 to 2015-06-30	9,104	USD	181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2016-06-30	21,507,235	shares
At 2015-12-31	21,111,585	shares

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2016-06-30	165,016	USD
At 2015-12-31	214,588	USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2016-06-30	655,867	USD
At 2015-12-31	710,223	USD

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.

Period	Value	Unit	Days
At 2016-06-30	770,258	USD
At 2015-12-31	891,187	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 2016-06-30	922,035	USD
At 2015-12-31	701,105	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
2016-04-01 to 2016-06-30	1,693,123	USD	91
2016-01-01 to 2016-06-30	3,135,818	USD	182
2015-04-01 to 2015-06-30	1,191,879	USD	91
2015-01-01 to 2015-06-30	3,057,242	USD	181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2016-01-01 to 2016-06-30	330,147	USD	182
2015-01-01 to 2015-06-30	387,543	USD	181

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.

Period	Value	Unit	Days
2016-04-01 to 2016-06-30	-115,553	USD	91
2016-01-01 to 2016-06-30	-117,060	USD	182
2015-04-01 to 2015-06-30	-767	USD	91
2015-01-01 to 2015-06-30	-648	USD	181

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
2016-01-01 to 2016-06-30	-1,978,664	USD	182
2015-01-01 to 2015-06-30	-1,609,967	USD	181

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
2016-01-01 to 2016-06-30	-6,190,637	USD	182
2015-01-01 to 2015-06-30	-3,794,495	USD	181

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
2016-01-01 to 2016-06-30	-260,448	USD	182
2015-01-01 to 2015-06-30	-77,039	USD	181

Inspect the source

Entity: Charles & Colvard, Ltd. / CIK 0001015155
Captured: 2026-09-21T17:17:39.846Z
SEC response SHA-256: 29ce55ebd7c958a9c70c03587c475ba159e40c50faa16be7b829096220db10e5

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import json
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with urlopen("https://canlicapital.com/company-data/0001015155.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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