Track Group, Inc.: 10-Q filed 2016-05-09

Name: Track Group, Inc.: 10-Q filed 2016-05-09
Creator: Track Group, Inc.

What Track Group, Inc. reported in its quarterly report filed 2016-05-09 (fiscal Q2 2016): 44 published measures, 119 facts as tagged in accession 0001415889-16-005771.

This filing

Form: 10-Q (quarterly report)
Filed: 2016-05-09
Fiscal period: fiscal Q2 2016
Accession: 0001415889-16-005771 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 Track Group, 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 2016-03-31	52,250,020	USD
At 2015-09-30	54,030,451	USD

Total liabilities

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

Period	Value	Unit	Days
At 2016-03-31	40,257,357	USD
At 2015-09-30	39,662,338	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2016-03-31	11,992,663	USD
At 2015-09-30	14,368,113	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 2016-03-31	2,158,531	USD
At 2015-09-30	4,903,045	USD
At 2015-03-31	6,686,446	USD
At 2014-09-30	11,101,822	USD

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
2015-10-01 to 2016-03-31	817,077	USD	183
2014-10-01 to 2015-03-31	671,886	USD	182

Revenue

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

Period	Value	Unit	Days
2016-01-01 to 2016-03-31	6,592,039	USD	91
2015-10-01 to 2016-03-31	12,909,643	USD	183
2015-01-01 to 2015-03-31	4,816,117	USD	90
2014-10-01 to 2015-03-31	9,436,736	USD	182

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
2015-10-01 to 2016-03-31	-986,292	USD	183
2014-10-01 to 2015-03-31	-1,207,866	USD	182

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
2015-10-01 to 2016-03-31	-2,573,846	USD	183
2014-10-01 to 2015-03-31	-3,816,211	USD	182

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 2016-03-31	-284,893,800	USD
At 2015-09-30	-280,845,882	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 2016-03-31	10,271,000	shares	91
2015-10-01 to 2016-03-31	10,266,000	shares	183
2015-01-01 to 2015-03-31	10,144,000	shares	90
2014-10-01 to 2015-03-31	10,126,000	shares	182

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 2016-03-31	10,271,000	shares	91
2015-10-01 to 2016-03-31	10,266,000	shares	183
2015-01-01 to 2015-03-31	10,209,000	shares	90
2014-10-01 to 2015-03-31	10,126,000	shares	182

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 2016-03-31	-0.19	USD/shares	91
2015-10-01 to 2016-03-31	-0.39	USD/shares	183
2015-01-01 to 2015-03-31	0.14	USD/shares	90
2014-10-01 to 2015-03-31	-0.08	USD/shares	182

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 2016-03-31	-0.19	USD/shares	91
2015-10-01 to 2016-03-31	-0.39	USD/shares	183
2015-01-01 to 2015-03-31	0.14	USD/shares	90
2014-10-01 to 2015-03-31	-0.08	USD/shares	182

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 2016-03-31	1,384,070	USD
At 2015-09-30	1,697,630	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
2016-01-01 to 2016-03-31	-1,246,208	USD	91
2015-10-01 to 2016-03-31	-2,636,640	USD	183
2015-01-01 to 2015-03-31	-2,233,813	USD	90
2014-10-01 to 2015-03-31	-3,862,220	USD	182

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 2016-03-31	10,698,819	USD
At 2015-09-30	13,262,201	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 2016-03-31	631,409	USD	91
2015-10-01 to 2016-03-31	1,325,917	USD	183
2015-01-01 to 2015-03-31	633,361	USD	90
2014-10-01 to 2015-03-31	1,305,852	USD	182

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 2016-03-31	5,369,952	USD
At 2015-09-30	5,865,069	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 2016-03-31	2,681,394	USD
At 2015-09-30	2,363,441	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
At 2016-03-31	7,950,572	USD
At 2015-09-30	7,782,903	USD
At 2014-09-30	6,577,609	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 2016-03-31	25,980,867	USD
At 2015-09-30	25,884,087	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 2016-03-31	744,922	USD
At 2015-09-30	741,514	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
2016-01-01 to 2016-03-31	4,118,570	USD	91
2015-10-01 to 2016-03-31	8,006,995	USD	183
2015-01-01 to 2015-03-31	2,786,709	USD	90
2014-10-01 to 2015-03-31	5,362,161	USD	182

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
2016-01-01 to 2016-03-31	2,473,469	USD	91
2015-10-01 to 2016-03-31	4,902,648	USD	183
2015-01-01 to 2015-03-31	2,029,408	USD	90
2014-10-01 to 2015-03-31	4,074,575	USD	182

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 2016-03-31	612,595	USD	91
2015-10-01 to 2016-03-31	1,159,745	USD	183
2015-01-01 to 2015-03-31	378,321	USD	90
2014-10-01 to 2015-03-31	695,103	USD	182

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 2016-03-31	10,290,671	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2016-03-31	298,293,244	USD
At 2015-09-30	297,591,034	USD

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 2016-03-31	-1,407,810	USD
At 2015-09-30	-2,378,065	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 2016-03-31	31,517,099	USD
At 2015-09-30	30,985,414	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 2016-03-31	4,476,990	USD
At 2015-09-30	4,519,796	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 2016-03-31	3,092,920	USD
At 2015-09-30	2,822,166	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 2016-03-31	25,980,867	USD
At 2015-09-30	25,884,087	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 2016-03-31	2,703,498	USD
At 2015-09-30	2,619,035	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 2015-09-30	106,671	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 2016-03-31	2,618,886	USD
At 2015-09-30	2,705,403	USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2015-10-01 to 2016-03-31	-4,047,918	USD	183
2014-10-01 to 2015-03-31	-827,745	USD	182

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
2016-01-01 to 2016-03-31	-1,920,689	USD	91
2015-10-01 to 2016-03-31	-4,047,918	USD	183
2015-01-01 to 2015-03-31	1,387,470	USD	90
2014-10-01 to 2015-03-31	-827,745	USD	182

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 2016-03-31	3,424,342	USD	91
2015-10-01 to 2016-03-31	6,835,985	USD	183
2015-01-01 to 2015-03-31	3,403,573	USD	90
2014-10-01 to 2015-03-31	6,253,504	USD	182

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 2016-03-31	212,902	USD	91
2015-10-01 to 2016-03-31	388,990	USD	183
2015-01-01 to 2015-03-31	149,188	USD	90
2014-10-01 to 2015-03-31	320,095	USD	182

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
2015-10-01 to 2016-03-31	2,444,355	USD	183
2014-10-01 to 2015-03-31	1,985,012	USD	182

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 2016-03-31	521,664	USD	91
2015-10-01 to 2016-03-31	1,045,612	USD	183
2015-01-01 to 2015-03-31	468,691	USD	90
2014-10-01 to 2015-03-31	939,684	USD	182

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
2016-01-01 to 2016-03-31	23,336	USD	91
2015-10-01 to 2016-03-31	-804	USD	183
2015-01-01 to 2015-03-31	9,208	USD	90
2014-10-01 to 2015-03-31	14,329	USD	182

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
2015-10-01 to 2016-03-31	-867,327	USD	183
2014-10-01 to 2015-03-31	-1,933,939	USD	182

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
2015-10-01 to 2016-03-31	-23,439	USD	183
2014-10-01 to 2015-03-31	-511,618	USD	182

Inspect the source

Entity: Track Group, Inc. / CIK 0001045942
Captured: 2026-09-20T05:16:33.632Z
SEC response SHA-256: 915056ce6e8ad1b61cee7bfd1e33324307709f171b591f37a948927c6bfec6fc

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/0001045942.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"])))