Charles & Colvard, Ltd.: 10-K filed 2017-03-10

Name: Charles & Colvard, Ltd.: 10-K filed 2017-03-10
Creator: Charles & Colvard, Ltd.

What Charles & Colvard, Ltd. reported in its annual report filed 2017-03-10 (fiscal FY 2016): 44 published measures, 90 facts as tagged in accession 0001140361-17-011269.

This filing

Form: 10-K (annual report)
Filed: 2017-03-10
Fiscal period: fiscal FY 2016
Accession: 0001140361-17-011269 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 2016-12-31	40,505,776	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 2016-12-31	5,637,155	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 2016-12-31	34,868,621	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 2016-12-31	7,427,273	USD
At 2015-12-31	5,274,305	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
2016-01-01 to 2016-12-31	-4,525,761	USD	366
2015-01-01 to 2015-12-31	-9,573,059	USD	365

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 2016-12-31	2,209,123	USD	366
2015-01-01 to 2015-12-31	1,567,893	USD	365

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 2016-12-31	421,761	USD	366
2015-01-01 to 2015-12-31	407,452	USD	365

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 2016-12-31	-58,455	USD	366
2015-01-01 to 2015-12-31	-473,695	USD	365

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 2016-12-31	-33,658,151	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
2016-01-01 to 2016-12-31	20,926,120	shares	366
2015-01-01 to 2015-12-31	20,407,764	shares	365

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
2016-01-01 to 2016-12-31	20,926,120	shares	366
2015-01-01 to 2015-12-31	20,407,764	shares	365

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
2016-01-01 to 2016-12-31	-0.22	USD/shares	366
2015-01-01 to 2015-12-31	-0.47	USD/shares	365

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
2016-01-01 to 2016-12-31	-0.22	USD/shares	366
2015-01-01 to 2015-12-31	-0.47	USD/shares	365

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
2016-01-01 to 2016-12-31	13,480	USD	366
2015-01-01 to 2015-12-31	12,821	USD	365

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 2016-12-31	1,391,116	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 2016-12-31	959,134	USD	366
2015-01-01 to 2015-12-31	1,545,144	USD	365

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
2016-01-01 to 2016-12-31	-3,936,818	USD	366
2015-01-01 to 2015-12-31	-5,064,228	USD	365

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 2016-12-31	20,674,188	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
2016-01-01 to 2016-12-31	1,737	USD	366
2015-01-01 to 2015-12-31	10,359	USD	365

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 2016-12-31	4,608,256	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 2016-12-31	3,977,149	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 2016-12-31	8,808	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 2016-12-31	2,794,626	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 2016-12-31	9,770,206	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
2016-01-01 to 2016-12-31	2,848	USD	366
2015-01-01 to 2015-12-31	17,795	USD	365

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 2016-12-31	21,369,885	shares
At 2015-12-31	21,111,585	shares

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit
At 2016-12-31	34,868,621	USD
At 2015-12-31	38,388,777	USD
At 2014-12-31	46,018,173	USD

Gross property, plant and equipment

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

Period	Value	Unit	Days
At 2016-12-31	4,415,999	USD
At 2015-12-31	4,881,469	USD

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.

Period	Value	Unit	Days
At 2016-12-31	3,024,883	USD
At 2015-12-31	3,265,786	USD

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 2016-12-31	71,453	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 2016-12-31	594,916	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 2016-12-31	581,107	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 2016-12-31	682,083	USD
At 2015-12-31	701,105	USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

Period	Value	Unit	Days
At 2016-12-31	0	USD
At 2015-12-31	0	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
2016-01-01 to 2016-12-31	5,544,452	USD	366
2015-01-01 to 2015-12-31	6,031,829	USD	365

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.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	528,000	USD	366
2015-01-01 to 2015-12-31	672,000	USD	365

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 2016-12-31	557,393	USD	366
2015-01-01 to 2015-12-31	758,787	USD	365

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.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	68,000	USD	366
2015-01-01 to 2015-12-31	192,000	USD	365

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
2016-01-01 to 2016-12-31	-1,737	USD	366
2015-01-01 to 2015-12-31	-10,223	USD	365

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	13,480	USD	366
2015-01-01 to 2015-12-31	12,821	USD	365

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.

Period	Value	Unit	Days
2016-01-01 to 2016-12-31	0	USD	366
2015-01-01 to 2015-12-31	0	USD	365

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 2016-12-31	-1,447,325	USD	366
2015-01-01 to 2015-12-31	-1,747,140	USD	365

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 2016-12-31	-3,998,003	USD	366
2015-01-01 to 2015-12-31	-6,174,209	USD	365

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 2016-12-31	654,001	USD	366
2015-01-01 to 2015-12-31	251,517	USD	365

Inspect the source

Entity: Charles & Colvard, Ltd. / CIK 0001015155
Captured: 2026-09-21 17:17 UTC
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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