Charles & Colvard, Ltd.: 10-Q filed 2016-11-04

Name: Charles & Colvard, Ltd.: 10-Q filed 2016-11-04
Creator: Charles & Colvard, Ltd.

What Charles & Colvard, Ltd. reported in its quarterly report filed 2016-11-04 (fiscal Q3 2016): 36 published measures, 96 facts as tagged in accession 0001140361-16-084817.

This filing

Form: 10-Q (quarterly report)
Filed: 2016-11-04
Fiscal period: fiscal Q3 2016
Accession: 0001140361-16-084817 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 2016-09-30	41,308,434	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 2016-09-30	5,496,635	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 2016-09-30	35,811,799	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 2016-09-30	9,678,329	USD
At 2015-12-31	5,274,305	USD
At 2015-09-30	5,602,261	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
2016-07-01 to 2016-09-30	-1,157,444	USD	92
2016-01-01 to 2016-09-30	-3,452,830	USD	274
2015-07-01 to 2015-09-30	-1,966,081	USD	92
2015-01-01 to 2015-09-30	-7,693,068	USD	273

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 2016-09-30	4,445,805	USD	274
2015-01-01 to 2015-09-30	1,673,172	USD	273

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 2016-09-30	410,306	USD	274
2015-01-01 to 2015-09-30	188,410	USD	273

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 2016-09-30	-44,081	USD	274
2015-01-01 to 2015-09-30	-251,018	USD	273

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 2016-09-30	-32,585,220	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
2016-07-01 to 2016-09-30	20,997,686	shares	92
2016-01-01 to 2016-09-30	20,898,484	shares	274
2015-07-01 to 2015-09-30	20,571,340	shares	92
2015-01-01 to 2015-09-30	20,336,839	shares	273

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
2016-07-01 to 2016-09-30	20,997,686	shares	92
2016-01-01 to 2016-09-30	20,898,484	shares	274
2015-07-01 to 2015-09-30	20,571,340	shares	92
2015-01-01 to 2015-09-30	20,336,839	shares	273

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
2016-07-01 to 2016-09-30	-0.06	USD/shares	92
2016-01-01 to 2016-09-30	-0.17	USD/shares	274
2015-07-01 to 2015-09-30	-0.1	USD/shares	92
2015-01-01 to 2015-09-30	-0.38	USD/shares	273

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
2016-07-01 to 2016-09-30	-0.06	USD/shares	92
2016-01-01 to 2016-09-30	-0.17	USD/shares	274
2015-07-01 to 2015-09-30	-0.1	USD/shares	92
2015-01-01 to 2015-09-30	-0.38	USD/shares	273

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
2016-07-01 to 2016-09-30	3,325	USD	92
2016-01-01 to 2016-09-30	10,068	USD	274
2015-07-01 to 2015-09-30	3,243	USD	92
2015-01-01 to 2015-09-30	9,579	USD	273

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 2016-09-30	1,493,287	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 2016-09-30	829,381	USD	274
2015-01-01 to 2015-09-30	1,090,779	USD	273

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
2016-07-01 to 2016-09-30	-1,143,596	USD	92
2016-01-01 to 2016-09-30	-2,751,564	USD	274
2015-07-01 to 2015-09-30	-583,984	USD	92
2015-01-01 to 2015-09-30	-4,118,064	USD	273

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 2016-09-30	22,534,421	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
2016-07-01 to 2016-09-30	36	USD	92
2016-01-01 to 2016-09-30	1,548	USD	274
2015-07-01 to 2015-09-30	17	USD	92
2015-01-01 to 2015-09-30	801	USD	273

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 2016-09-30	4,440,673	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 2016-09-30	3,604,625	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 2016-09-30	5,989	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 2016-09-30	1,946,026	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 2016-09-30	10,070,966	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
2016-07-01 to 2016-09-30	0	USD	92
2016-01-01 to 2016-09-30	2,848	USD	274
2015-07-01 to 2015-09-30	6,352	USD	92
2015-01-01 to 2015-09-30	15,456	USD	273

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 2016-09-30	21,444,885	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 2016-09-30	163,664	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 2016-09-30	625,391	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 2016-09-30	824,948	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 2016-09-30	839,100	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
2016-07-01 to 2016-09-30	1,244,400	USD	92
2016-01-01 to 2016-09-30	4,380,218	USD	274
2015-07-01 to 2015-09-30	1,162,015	USD	92
2015-01-01 to 2015-09-30	4,219,257	USD	273

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 2016-09-30	445,576	USD	274
2015-01-01 to 2015-09-30	582,291	USD	273

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
2016-07-01 to 2016-09-30	-509	USD	92
2016-01-01 to 2016-09-30	-117,569	USD	274
2015-07-01 to 2015-09-30	-17	USD	92
2015-01-01 to 2015-09-30	-665	USD	273

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 2016-09-30	-2,396,925	USD	274
2015-01-01 to 2015-09-30	-3,126,654	USD	273

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 2016-09-30	-5,092,381	USD	274
2015-01-01 to 2015-09-30	-4,732,476	USD	273

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 2016-09-30	281,477	USD	274
2015-01-01 to 2015-09-30	26,869	USD	273

Inspect the source

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

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/0001015155.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"])))