Charles & Colvard, Ltd.: 10-Q filed 2018-05-09

Name: Charles & Colvard, Ltd.: 10-Q filed 2018-05-09
Creator: Charles & Colvard, Ltd.

What Charles & Colvard, Ltd. reported in its quarterly report filed 2018-05-09 (fiscal Q1 2018): 36 published measures, 74 facts as tagged in accession 0001140361-18-022298.

This filing

Form: 10-Q (quarterly report)
Filed: 2018-05-09
Fiscal period: fiscal Q1 2018
Accession: 0001140361-18-022298 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 2018-03-31	40,013,320	USD
At 2017-12-31	41,230,707	USD

Total liabilities

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

Period	Value	Unit	Days
At 2018-03-31	5,535,190	USD
At 2017-12-31	6,372,081	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2018-03-31	34,478,130	USD
At 2017-12-31	34,858,626	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 2018-03-31	4,494,729	USD
At 2017-12-31	4,594,007	USD
At 2017-03-31	6,629,587	USD
At 2016-12-31	7,427,273	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
2018-01-01 to 2018-03-31	-578,054	USD	90
2017-01-01 to 2017-03-31	-559,646	USD	90

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
2018-01-01 to 2018-03-31	-21,714	USD	90
2017-01-01 to 2017-03-31	-598,741	USD	90

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
2018-01-01 to 2018-03-31	69,710	USD	90
2017-01-01 to 2017-03-31	197,953	USD	90

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
2018-01-01 to 2018-03-31	-77,564	USD	90
2017-01-01 to 2017-03-31	-198,945	USD	90

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 2018-03-31	-34,689,682	USD
At 2017-12-31	-34,111,628	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
2018-01-01 to 2018-03-31	21,371,416	shares	90
2017-01-01 to 2017-03-31	21,118,335	shares	90

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
2018-01-01 to 2018-03-31	21,371,416	shares	90
2017-01-01 to 2017-03-31	21,118,335	shares	90

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
2018-01-01 to 2018-03-31	-0.03	USD/shares	90
2017-01-01 to 2017-03-31	-0.03	USD/shares	90

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
2018-01-01 to 2018-03-31	-0.03	USD/shares	90
2017-01-01 to 2017-03-31	-0.03	USD/shares	90

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
2018-01-01 to 2018-03-31	4,767	USD	90
2017-01-01 to 2017-03-31	14,088	USD	90

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 2018-03-31	1,189,871	USD
At 2017-12-31	1,242,200	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
2018-01-01 to 2018-03-31	197,558	USD	90
2017-01-01 to 2017-03-31	32,293	USD	90

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
2018-01-01 to 2018-03-31	-573,148	USD	90
2017-01-01 to 2017-03-31	-545,558	USD	90

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 2018-03-31	18,734,190	USD
At 2017-12-31	20,149,973	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
2018-01-01 to 2018-03-31	139	USD	90
2017-01-01 to 2017-03-31	0	USD	90

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 2018-03-31	4,639,846	USD
At 2017-12-31	5,446,963	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 2018-03-31	3,971,232	USD
At 2017-12-31	4,466,163	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 2018-03-31	15,367	USD
At 2017-12-31	8,597	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 2018-03-31	2,536,377	USD
At 2017-12-31	3,377,451	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 2018-03-31	10,932,050	USD
At 2017-12-31	11,208,658	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
2018-01-01 to 2018-03-31	0	USD	90
2017-01-01 to 2017-03-31	819	USD	90

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 2018-03-31	21,575,673	shares
At 2017-12-31	21,580,102	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 2018-03-31	63,626	USD
At 2017-12-31	64,978	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 2018-03-31	668,614	USD
At 2017-12-31	980,800	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 2018-03-31	771,034	USD
At 2017-12-31	969,857	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
2018-01-01 to 2018-03-31	1,354,410	USD	90
2017-01-01 to 2017-03-31	1,054,171	USD	90

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
2018-01-01 to 2018-03-31	123,123	USD	90
2017-01-01 to 2017-03-31	107,656	USD	90

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
2018-01-01 to 2018-03-31	-139	USD	90
2017-01-01 to 2017-03-31	0	USD	90

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2018-01-01 to 2018-03-31	139	USD	90
2017-01-01 to 2017-03-31	0	USD	90

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
2018-01-01 to 2018-03-31	-751,554	USD	90
2017-01-01 to 2017-03-31	-471,140	USD	90

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
2018-01-01 to 2018-03-31	-279,301	USD	90
2017-01-01 to 2017-03-31	528,145	USD	90

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
2018-01-01 to 2018-03-31	-494,931	USD	90
2017-01-01 to 2017-03-31	-76,486	USD	90

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

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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"])))