WidePoint Corporation: 10-Q filed 2015-11-09

Name: WidePoint Corporation: 10-Q filed 2015-11-09
Creator: WidePoint Corporation

What WidePoint Corporation reported in its quarterly report filed 2015-11-09 (fiscal Q3 2015): 46 published measures, 128 facts as tagged in accession 0001144204-15-063873.

This filing

Form: 10-Q (quarterly report)
Filed: 2015-11-09
Fiscal period: fiscal Q3 2015
Accession: 0001144204-15-063873 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 WidePoint Corporation 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 2015-09-30	52,577,849	USD
At 2014-12-31	54,078,240	USD

Total liabilities

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

Period	Value	Unit	Days
At 2015-09-30	19,294,860	USD
At 2014-12-31	17,299,384	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2015-09-30	33,282,989	USD
At 2014-12-31	36,778,856	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 2015-09-30	10,443,065	USD
At 2014-12-31	13,154,699	USD
At 2014-09-30	3,079,485	USD
At 2013-12-31	0	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
2015-07-01 to 2015-09-30	-1,763,280	USD	92
2015-01-01 to 2015-09-30	-4,330,667	USD	273
2014-07-01 to 2014-09-30	-5,901,696	USD	92
2014-01-01 to 2014-09-30	-7,497,633	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
2015-01-01 to 2015-09-30	-2,825,132	USD	273
2014-01-01 to 2014-09-30	-2,605,852	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
2015-01-01 to 2015-09-30	309,024	USD	273
2014-01-01 to 2014-09-30	216,758	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
2015-01-01 to 2015-09-30	695,494	USD	273
2014-01-01 to 2014-09-30	10,202,525	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
2015-01-01 to 2015-09-30	-495,378	USD	273
2014-01-01 to 2014-09-30	-4,462,049	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 2015-09-30	-60,146,953	USD
At 2014-12-31	-55,816,286	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
2015-07-01 to 2015-09-30	82,515,103	shares	92
2015-01-01 to 2015-09-30	82,130,665	shares	273
2014-07-01 to 2014-09-30	73,195,464	shares	92
2014-01-01 to 2014-09-30	71,029,985	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
2015-07-01 to 2015-09-30	82,515,103	shares	92
2015-01-01 to 2015-09-30	82,130,665	shares	273
2014-07-01 to 2014-09-30	73,195,464	shares	92
2014-01-01 to 2014-09-30	71,029,985	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
2015-07-01 to 2015-09-30	-0.021	USD/shares	92
2015-01-01 to 2015-09-30	-0.053	USD/shares	273
2014-07-01 to 2014-09-30	-0.081	USD/shares	92
2014-01-01 to 2014-09-30	-0.106	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
2015-07-01 to 2015-09-30	-0.021	USD/shares	92
2015-01-01 to 2015-09-30	-0.053	USD/shares	273
2014-07-01 to 2014-09-30	-0.081	USD/shares	92
2014-01-01 to 2014-09-30	-0.106	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
2015-07-01 to 2015-09-30	69,842	USD	92
2015-01-01 to 2015-09-30	147,187	USD	273
2014-07-01 to 2014-09-30	4,975,968	USD	92
2014-01-01 to 2014-09-30	3,759,483	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 2015-09-30	1,544,090	USD
At 2014-12-31	1,614,182	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
2015-07-01 to 2015-09-30	-1,631,776	USD	92
2015-01-01 to 2015-09-30	-4,127,977	USD	273
2014-07-01 to 2014-09-30	-879,839	USD	92
2014-01-01 to 2014-09-30	-3,616,826	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 2015-09-30	26,951,557	USD
At 2014-12-31	27,753,494	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
2015-07-01 to 2015-09-30	30,868	USD	92
2015-01-01 to 2015-09-30	111,253	USD	273
2014-07-01 to 2014-09-30	47,020	USD	92
2014-01-01 to 2014-09-30	139,578	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 2015-09-30	17,976,018	USD
At 2014-12-31	15,275,348	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 2015-09-30	6,448,509	USD
At 2014-12-31	6,165,477	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit	Days
At 2015-09-30	18,555,578	USD
At 2014-12-31	18,555,578	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 2015-09-30	9,546,162	USD
At 2014-12-31	8,543,050	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
2015-07-01 to 2015-09-30	4,751,161	USD	92
2015-01-01 to 2015-09-30	14,123,559	USD	273
2014-07-01 to 2014-09-30	4,864,229	USD	92
2014-01-01 to 2014-09-30	13,682,249	USD	273

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 2015-09-30	26,716	USD
At 2014-12-31	37,025	USD

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
2015-07-01 to 2015-09-30	3,119,385	USD	92
2015-01-01 to 2015-09-30	9,995,582	USD	273
2014-07-01 to 2014-09-30	3,984,390	USD	92
2014-01-01 to 2014-09-30	10,065,423	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 2015-09-30	82,520,696	shares
At 2014-12-31	81,656,763	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 2015-09-30	-222,512	USD
At 2014-12-31	-147,515	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2015-09-30	1,542,448	USD
At 2014-12-31	3,511,816	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 2015-09-30	4,812,788	USD
At 2014-12-31	4,639,810	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 2015-09-30	3,268,698	USD
At 2014-12-31	3,025,628	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 2015-09-30	5,375,798	USD
At 2014-12-31	5,992,992	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 2015-09-30	136,554	USD
At 2014-12-31	161,994	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 2015-09-30	6,490,586	USD
At 2014-12-31	5,980,110	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 2015-09-30	417,907	USD
At 2014-12-31	426,736	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	-1,693,438	USD	92
2015-01-01 to 2015-09-30	-4,183,480	USD	273
2014-07-01 to 2014-09-30	-925,728	USD	92
2014-01-01 to 2014-09-30	-3,738,150	USD	273

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
2015-07-01 to 2015-09-30	-1,741,340	USD	92
2015-01-01 to 2015-09-30	-4,405,664	USD	273
2014-07-01 to 2014-09-30	-5,974,412	USD	92
2014-01-01 to 2014-09-30	-7,605,205	USD	273

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
2015-07-01 to 2015-09-30	3,893,348	USD	92
2015-01-01 to 2015-09-30	11,507,309	USD	273
2014-07-01 to 2014-09-30	3,816,100	USD	92
2014-01-01 to 2014-09-30	10,538,220	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
2015-07-01 to 2015-09-30	110,200	USD	92
2015-01-01 to 2015-09-30	353,387	USD	273
2014-07-01 to 2014-09-30	134,700	USD	92
2014-01-01 to 2014-09-30	360,390	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
2015-07-01 to 2015-09-30	92,968	USD	92
2015-01-01 to 2015-09-30	283,211	USD	273
2014-07-01 to 2014-09-30	179,977	USD	92
2014-01-01 to 2014-09-30	392,706	USD	273

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	-37,814	USD	92
2015-01-01 to 2015-09-30	37,826	USD	273
2014-07-01 to 2014-09-30	-5,159	USD	92
2014-01-01 to 2014-09-30	6,640	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
2015-07-01 to 2015-09-30	-61,662	USD	92
2015-01-01 to 2015-09-30	-55,503	USD	273
2014-07-01 to 2014-09-30	-45,889	USD	92
2014-01-01 to 2014-09-30	-121,324	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
2015-01-01 to 2015-09-30	2,894	USD	273
2014-01-01 to 2014-09-30	3,710,002	USD	273

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
2015-01-01 to 2015-09-30	128,118	USD	273
2014-01-01 to 2014-09-30	134,368	USD	273

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2015-01-01 to 2015-09-30	0	USD	273
2014-01-01 to 2014-09-30	11,425,118	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
2015-01-01 to 2015-09-30	-10,362	USD	273
2014-01-01 to 2014-09-30	-71,268	USD	273

Inspect the source

Entity: WidePoint Corporation / CIK 0001034760
Captured: 2026-09-20T05:14:57.763Z
SEC response SHA-256: 1a81eba05e9dac010c96f1dad0aa6a9da08615cf043118b3e53868a8e7cee775

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.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001034760.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"])))