Track Group, Inc.: 10-Q filed 2020-05-07
What Track Group, Inc. reported in its quarterly report filed 2020-05-07 (fiscal Q2 2020): 43 published measures, 123 facts as tagged in accession 0001654954-20-005029.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2020-05-07
- Fiscal period
- fiscal Q2 2020
- Accession
- 0001654954-20-005029 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 2020-03-31 | 47,289,464 | USD | |
| At 2019-09-30 | 49,382,190 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-03-31 | 50,057,169 | USD | |
| At 2019-09-30 | 50,284,388 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-03-31 | -2,767,705 | USD | |
| At 2019-12-31 | -2,767,705 | USD | |
| At 2019-09-30 | -902,198 | USD | |
| At 2019-03-31 | -505,173 | USD | |
| At 2018-12-31 | -9,630 | USD | |
| At 2018-09-30 | 1,638,366 | 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 | Days |
|---|---|---|---|
| At 2020-03-31 | 7,686,042 | USD | |
| At 2019-09-30 | 6,896,711 | USD | |
| At 2019-03-31 | 5,665,109 | USD | |
| At 2018-09-30 | 5,446,557 | 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 |
|---|---|---|---|
| 2019-10-01 to 2020-03-31 | 2,534,945 | USD | 183 |
| 2018-10-01 to 2019-03-31 | 1,751,964 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 8,131,726 | USD | 91 |
| 2019-10-01 to 2020-03-31 | 16,552,557 | USD | 183 |
| 2019-01-01 to 2019-03-31 | 8,091,242 | USD | 90 |
| 2018-10-01 to 2019-03-31 | 16,302,777 | 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 |
|---|---|---|---|
| 2019-10-01 to 2020-03-31 | -18,137 | USD | 183 |
| 2018-10-01 to 2019-03-31 | -18,704 | 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 |
|---|---|---|---|
| 2019-10-01 to 2020-03-31 | -1,491,876 | USD | 183 |
| 2018-10-01 to 2019-03-31 | -1,407,984 | 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 2020-03-31 | -304,105,976 | USD | |
| At 2019-09-30 | -302,152,292 | USD | |
| At 2019-03-31 | -301,587,916 | USD |
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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 23,365 | USD | 91 |
| 2019-10-01 to 2020-03-31 | 97,748 | USD | 183 |
| 2019-01-01 to 2019-03-31 | 0 | USD | 90 |
| 2018-10-01 to 2019-03-31 | 144,007 | USD | 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 2020-03-31 | 532,343 | USD | |
| At 2019-09-30 | 675,037 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 237,217 | USD | 91 |
| 2019-10-01 to 2020-03-31 | 538,200 | USD | 183 |
| 2019-01-01 to 2019-03-31 | -276,364 | USD | 90 |
| 2018-10-01 to 2019-03-31 | -333,359 | 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 2020-03-31 | 13,925,445 | USD | |
| At 2019-09-30 | 15,273,913 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 596,324 | USD | 91 |
| 2019-10-01 to 2020-03-31 | 1,198,857 | USD | 183 |
| 2019-01-01 to 2019-03-31 | 584,348 | USD | 90 |
| 2018-10-01 to 2019-03-31 | 1,185,587 | 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 2020-03-31 | 19,388,990 | USD | |
| At 2019-09-30 | 50,284,388 | 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 2020-03-31 | 1,560,395 | USD | |
| At 2019-09-30 | 2,628,003 | 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 2020-03-31 | 8,012,536 | USD | |
| At 2019-09-30 | 8,187,911 | USD | |
| At 2018-09-30 | 8,076,759 | 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 2020-03-31 | 21,052,972 | USD | |
| At 2019-09-30 | 21,955,679 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 4,198,675 | USD | 91 |
| 2019-10-01 to 2020-03-31 | 8,564,172 | USD | 183 |
| 2019-01-01 to 2019-03-31 | 4,768,306 | USD | 90 |
| 2018-10-01 to 2019-03-31 | 9,458,354 | USD | 182 |
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 2020-03-31 | 60,132 | USD | |
| At 2019-09-30 | 274,501 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 4,435,892 | USD | 91 |
| 2019-10-01 to 2020-03-31 | 9,102,372 | USD | 183 |
| 2019-01-01 to 2019-03-31 | 4,491,942 | USD | 90 |
| 2018-10-01 to 2019-03-31 | 9,124,995 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 3,695,834 | USD | 91 |
| 2019-10-01 to 2020-03-31 | 7,450,185 | USD | 183 |
| 2019-01-01 to 2019-03-31 | 3,599,300 | USD | 90 |
| 2018-10-01 to 2019-03-31 | 7,177,782 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 323,737 | USD | 91 |
| 2019-10-01 to 2020-03-31 | 619,892 | USD | 183 |
| 2019-01-01 to 2019-03-31 | 354,879 | USD | 90 |
| 2018-10-01 to 2019-03-31 | 603,744 | 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 2020-03-31 | 11,414,150 | shares | |
| At 2019-09-30 | 11,401,650 | 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 2020-03-31 | 302,270,242 | USD | |
| At 2019-09-30 | 302,250,556 | 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 2020-03-31 | -933,112 | USD | |
| At 2019-09-30 | -1,001,602 | USD |
Operating lease liability
Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-03-31 | 471,695 | 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 2020-03-31 | 33,808,413 | USD | |
| At 2019-09-30 | 33,827,689 | 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 2020-03-31 | 2,822,772 | USD | |
| At 2019-09-30 | 2,923,950 | 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 2020-03-31 | 2,290,429 | USD | |
| At 2019-09-30 | 2,248,913 | 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 2020-03-31 | 21,052,972 | USD | |
| At 2019-09-30 | 21,955,679 | 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 2020-03-31 | 594,719 | USD | |
| At 2019-09-30 | 124,187 | 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 2020-03-31 | 14,420,182 | USD | |
| At 2019-09-30 | 13,828,696 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | -1,697,694 | USD | 91 |
| 2019-10-01 to 2020-03-31 | -1,855,936 | USD | 183 |
| 2019-01-01 to 2019-03-31 | -264,659 | USD | 90 |
| 2018-10-01 to 2019-03-31 | -1,855,570 | USD | 182 |
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 |
|---|---|---|---|
| 2019-10-01 to 2020-03-31 | -1,953,684 | USD | 183 |
| 2018-10-01 to 2019-03-31 | -1,999,577 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | -1,721,059 | USD | 91 |
| 2019-10-01 to 2020-03-31 | -1,953,684 | USD | 183 |
| 2019-01-01 to 2019-03-31 | -264,659 | USD | 90 |
| 2018-10-01 to 2019-03-31 | -1,999,577 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 2,723,219 | USD | 91 |
| 2019-10-01 to 2020-03-31 | 5,735,073 | USD | 183 |
| 2019-01-01 to 2019-03-31 | 3,316,069 | USD | 90 |
| 2018-10-01 to 2019-03-31 | 6,738,341 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 87,665 | USD | 91 |
| 2019-10-01 to 2020-03-31 | 160,778 | USD | 183 |
| 2019-01-01 to 2019-03-31 | 77,346 | USD | 90 |
| 2018-10-01 to 2019-03-31 | 167,301 | 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 |
|---|---|---|---|
| 2019-10-01 to 2020-03-31 | 2,006,825 | USD | 183 |
| 2018-10-01 to 2019-03-31 | 2,047,244 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | 558,527 | USD | 91 |
| 2019-10-01 to 2020-03-31 | 1,117,846 | USD | 183 |
| 2019-01-01 to 2019-03-31 | 559,433 | USD | 90 |
| 2018-10-01 to 2019-03-31 | 1,118,441 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | -4,347 | USD | 91 |
| 2019-10-01 to 2020-03-31 | -4,347 | USD | 183 |
| 2019-01-01 to 2019-03-31 | 143 | USD | 90 |
| 2018-10-01 to 2019-03-31 | 143 | USD | 182 |
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 |
|---|---|---|---|
| 2020-01-01 to 2020-03-31 | -1,934,911 | USD | 91 |
| 2019-10-01 to 2020-03-31 | -2,394,136 | USD | 183 |
| 2019-01-01 to 2019-03-31 | 11,705 | USD | 90 |
| 2018-10-01 to 2019-03-31 | -1,522,211 | 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 |
|---|---|---|---|
| 2019-10-01 to 2020-03-31 | 1,485,269 | USD | 183 |
| 2018-10-01 to 2019-03-31 | -167,305 | USD | 182 |
Inspect the source
- Entity
- Track Group, Inc. / CIK 0001045942
- Captured
- 2026-09-20T05:16:33.632Z
- SEC response SHA-256
915056ce6e8ad1b61cee7bfd1e33324307709f171b591f37a948927c6bfec6fc
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