OMNICOMM SYSTEMS INC: 10-Q filed 2012-11-06

Name: OMNICOMM SYSTEMS INC: 10-Q filed 2012-11-06
Creator: OMNICOMM SYSTEMS INC

What OMNICOMM SYSTEMS INC reported in its quarterly report filed 2012-11-06 (fiscal Q3 2012): 41 published measures, 118 facts as tagged in accession 0001437749-12-011107.

This filing

Form: 10-Q (quarterly report)
Filed: 2012-11-06
Fiscal period: fiscal Q3 2012
Accession: 0001437749-12-011107 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 OMNICOMM SYSTEMS INC 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 2012-09-30	2,817,182	USD
At 2011-12-31	3,775,587	USD

Total liabilities

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

Period	Value	Unit	Days
At 2012-09-30	30,219,332	USD
At 2011-12-31	24,974,146	USD

Stockholders equity

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

Period	Value	Unit
At 2012-09-30	-27,402,150	USD
At 2011-12-31	-21,198,559	USD
At 2010-12-31	-17,814,029	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 2012-09-30	805,546	USD
At 2011-12-31	1,302,287	USD
At 2011-09-30	87,447	USD
At 2010-12-31	1,213,397	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
2012-07-01 to 2012-09-30	-4,413,221	USD	92
2012-01-01 to 2012-09-30	-6,240,215	USD	274
2011-01-01 to 2011-12-31	-3,524,343	USD	365
2011-07-01 to 2011-09-30	510,399	USD	92
2011-01-01 to 2011-09-30	-4,380,837	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
2012-01-01 to 2012-09-30	-295,657	USD	274
2011-01-01 to 2011-09-30	-1,257,286	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
2012-01-01 to 2012-09-30	108,698	USD	274
2011-01-01 to 2011-09-30	71,374	USD	273

Revenue

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

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	4,058,320	USD	92
2012-01-01 to 2012-09-30	11,897,488	USD	274
2011-07-01 to 2011-09-30	3,337,316	USD	92
2011-01-01 to 2011-09-30	10,003,503	USD	273

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2012-01-01 to 2012-09-30	-131,800	USD	274
2011-01-01 to 2011-09-30	225,500	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
2012-01-01 to 2012-09-30	-58,698	USD	274
2011-01-01 to 2011-09-30	-71,374	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 2012-09-30	-68,765,820	USD
At 2011-12-31	-62,525,605	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
2012-07-01 to 2012-09-30	86,526,332	shares	92
2012-01-01 to 2012-09-30	86,496,550	shares	274
2011-07-01 to 2011-09-30	86,481,495	shares	92
2011-01-01 to 2011-09-30	86,299,810	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
2012-07-01 to 2012-09-30	86,526,332	shares	92
2012-01-01 to 2012-09-30	86,496,550	shares	274
2011-07-01 to 2011-09-30	86,481,495	shares	92
2011-01-01 to 2011-09-30	86,299,810	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
2012-07-01 to 2012-09-30	-0.05	USD/shares	92
2012-01-01 to 2012-09-30	-0.07	USD/shares	274
2011-07-01 to 2011-09-30	0.01	USD/shares	92
2011-01-01 to 2011-09-30	-0.05	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
2012-07-01 to 2012-09-30	-0.05	USD/shares	92
2012-01-01 to 2012-09-30	-0.07	USD/shares	274
2011-07-01 to 2011-09-30	0.01	USD/shares	92
2011-01-01 to 2011-09-30	-0.05	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
2012-07-01 to 2012-09-30	54,699	USD	92
2012-01-01 to 2012-09-30	54,699	USD	274
2011-07-01 to 2011-09-30	0	USD	92
2011-01-01 to 2011-09-30	0	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 2012-09-30	501,633	USD
At 2011-12-31	766,207	USD

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
2012-07-01 to 2012-09-30	412,055	USD	92
2012-01-01 to 2012-09-30	303,600	USD	274
2011-07-01 to 2011-09-30	76,989	USD	92
2011-01-01 to 2011-09-30	-585,815	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 2012-09-30	2,264,876	USD
At 2011-12-31	2,743,594	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
2012-07-01 to 2012-09-30	28,649	USD	92
2012-01-01 to 2012-09-30	89,537	USD	274
2011-07-01 to 2011-09-30	120,674	USD	92
2011-01-01 to 2011-09-30	668,680	USD	273

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 2012-09-30	616,594	USD
At 2011-12-31	672,516	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 2012-09-30	1,291,938	USD
At 2011-12-31	1,283,944	USD

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.

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	2,905,213	USD	92
2012-01-01 to 2012-09-30	9,175,564	USD	274
2011-07-01 to 2011-09-30	2,699,702	USD	92
2011-01-01 to 2011-09-30	9,084,721	USD	273

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	3,317,268	USD	92
2012-01-01 to 2012-09-30	9,479,164	USD	274
2011-07-01 to 2011-09-30	2,776,691	USD	92
2011-01-01 to 2011-09-30	8,498,906	USD	273

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	741,052	USD	92
2012-01-01 to 2012-09-30	2,418,324	USD	274
2011-07-01 to 2011-09-30	560,625	USD	92
2011-01-01 to 2011-09-30	1,504,597	USD	273

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	232,371	USD	92
2012-01-01 to 2012-09-30	698,512	USD	274
2011-07-01 to 2011-09-30	132,385	USD	92
2011-01-01 to 2011-09-30	647,109	USD	273

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
2012-01-01 to 2012-09-30	1,867,778	USD	274
2011-01-01 to 2011-09-30	1,894,690	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 2012-09-30	86,556,495	shares
At 2011-12-31	86,081,495	shares

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2012-09-30	-64,300	USD
At 2011-12-31	-53,714	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 2012-09-30	3,175,723	USD
At 2011-12-31	3,211,311	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 2012-09-30	2,674,090	USD
At 2011-12-31	2,445,104	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2012-09-30	0	USD
At 2011-12-31	232,117	USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	-4,468,608	USD	92
2012-01-01 to 2012-09-30	-6,428,329	USD	274
2011-07-01 to 2011-09-30	447,276	USD	92
2011-01-01 to 2011-09-30	-4,557,477	USD	273

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2012-07-01 to 2012-09-30	-4,465,210	USD	92
2012-01-01 to 2012-09-30	-6,417,743	USD	274
2011-07-01 to 2011-09-30	458,552	USD	92
2011-01-01 to 2011-09-30	-4,534,687	USD	273

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
2012-01-01 to 2012-09-30	308,666	USD	274
2011-01-01 to 2011-09-30	355,554	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
2012-01-01 to 2012-09-30	540,783	USD	274
2011-01-01 to 2011-09-30	703,729	USD	273

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
2012-07-01 to 2012-09-30	0	USD	92
2012-01-01 to 2012-09-30	232,117	USD	274
2011-07-01 to 2011-09-30	116,058	USD	92
2011-01-01 to 2011-09-30	348,175	USD	273

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
2012-01-01 to 2012-09-30	54,699	USD	274
2011-01-01 to 2011-09-30	0	USD	273

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
2012-01-01 to 2012-09-30	-303,519	USD	274
2011-01-01 to 2011-09-30	-568,579	USD	273

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.

Period	Value	Unit	Days
2012-01-01 to 2012-09-30	54,699	USD	274
2011-01-01 to 2011-09-30	0	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
2012-01-01 to 2012-09-30	134,757	USD	274
2011-01-01 to 2011-09-30	-163,918	USD	273

Inspect the source

Entity: OMNICOMM SYSTEMS INC / CIK 0001034592
Captured: 2026-09-22 19:38 UTC
SEC response SHA-256: 15789cd882d732f2bf3867a4631ea64b6fea4892f0050fe26dde0286c9156f47

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