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FLEXIBLE SOLUTIONS INTERNATIONAL INC.: 10-Q filed 2020-08-14

What FLEXIBLE SOLUTIONS INTERNATIONAL INC. reported in its quarterly report filed 2020-08-14 (fiscal Q2 2020): 51 published measures, 134 facts as tagged in accession 0001493152-20-015831.

This filing

Form
10-Q (quarterly report)
Filed
2020-08-14
Fiscal period
fiscal Q2 2020
Accession
0001493152-20-015831 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 FLEXIBLE SOLUTIONS INTERNATIONAL INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2020-06-3033,575,590USD
At 2019-12-3132,380,417USD

Total liabilities

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

PeriodValueUnitDays
At 2020-06-3010,661,245USD
At 2019-12-3111,919,041USD

Stockholders equity

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

PeriodValueUnitDays
At 2020-06-3020,326,343USD
At 2020-03-3119,131,306USD
At 2020-03-3019,131,306USD
At 2019-12-3117,911,227USD
At 2019-06-3017,399,715USD
At 2019-03-3117,678,858USD
At 2018-12-3117,059,301USD

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.

PeriodValueUnitDays
At 2020-06-304,820,052USD
At 2019-12-313,634,670USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2020-04-01 to 2020-06-301,132,867USD91
2020-01-01 to 2020-06-302,397,542USD182
2020-01-01 to 2020-03-301,264,675USD90
2019-04-01 to 2019-06-30-27,733USD91
2019-01-01 to 2019-06-30983,417USD181
2019-01-01 to 2019-03-311,011,150USD90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2020-01-01 to 2020-06-302,943,301USD182
2019-01-01 to 2019-06-302,164,352USD181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2020-01-01 to 2020-06-30561,136USD182
2019-01-01 to 2019-06-301,317,593USD181

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2020-04-01 to 2020-06-307,709,607USD91
2020-01-01 to 2020-06-3016,139,093USD182
2019-04-01 to 2019-06-306,770,440USD91
2019-01-01 to 2019-06-3015,241,916USD181

Financing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-06-30-1,609,402USD182
2019-01-01 to 2019-06-30-1,612,492USD181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2020-01-01 to 2020-06-30-1,172,496USD182
2019-01-01 to 2019-06-30-2,149,844USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2020-06-304,853,690USD
At 2019-12-312,456,148USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2020-04-01 to 2020-06-3012,240,545shares91
2020-01-01 to 2020-06-3012,239,171shares182
2019-04-01 to 2019-06-3011,769,635shares91
2019-01-01 to 2019-06-3011,737,635shares181

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-3012,263,698shares91
2020-01-01 to 2020-06-3012,279,100shares182
2019-04-01 to 2019-06-3012,052,443shares91
2019-01-01 to 2019-06-3011,964,615shares181

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2020-04-01 to 2020-06-30259,660USD91
2020-01-01 to 2020-06-30694,648USD182
2019-04-01 to 2019-06-30150,466USD91
2019-01-01 to 2019-06-30529,546USD181

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.

PeriodValueUnitDays
At 2020-06-304,345,186USD
At 2019-12-314,005,676USD

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.

PeriodValueUnitDays
2020-01-01 to 2020-06-3058,690USD182
2019-01-01 to 2019-06-3067,386USD181

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-301,172,517USD91
2020-01-01 to 2020-06-302,739,252USD182
2019-04-01 to 2019-06-30263,121USD91
2019-01-01 to 2019-06-301,309,712USD181

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.

PeriodValueUnitDays
At 2020-06-3018,564,392USD
At 2019-12-3117,506,309USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2020-04-01 to 2020-06-3054,650USD91
2020-01-01 to 2020-06-30156,075USD182
2019-04-01 to 2019-06-30118,465USD91
2019-01-01 to 2019-06-30247,472USD181

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2020-06-306,146,810USD
At 2019-12-316,793,194USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2020-06-30515,996USD
At 2019-12-31636,260USD

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.

PeriodValueUnitDays
At 2020-06-302,534,275USD
At 2019-12-312,534,275USD

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.

PeriodValueUnitDays
At 2020-06-3038,356USD
At 2019-12-3146,576USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2020-06-305,604,363USD
At 2019-12-314,470,215USD

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-301,248,592USD91
2020-01-01 to 2020-06-302,631,396USD182
2019-04-01 to 2019-06-301,888,956USD91
2019-01-01 to 2019-06-303,617,952USD181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2020-06-307,895,793USD
At 2019-12-319,182,786USD

Gross profit

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

PeriodValueUnitDays
2020-04-01 to 2020-06-302,421,109USD91
2020-01-01 to 2020-06-305,370,648USD182
2019-04-01 to 2019-06-302,152,077USD91
2019-01-01 to 2019-06-304,927,664USD181

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-3011,598USD91
2020-01-01 to 2020-06-3040,176USD182
2019-04-01 to 2019-06-3035,360USD91
2019-01-01 to 2019-06-3055,446USD181

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.

PeriodValueUnitDays
At 2020-06-3012,240,545shares
At 2019-12-3112,215,545shares

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.

PeriodValueUnitDays
At 2020-06-3016,520,888USD
At 2019-12-3116,437,473USD

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.

PeriodValueUnitDays
At 2020-06-30-1,024,476USD
At 2019-12-31-994,610USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2020-06-3022,914,345USD
At 2019-12-3120,461,376USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2020-06-30635,045USD
At 2019-12-31789,205USD

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.

PeriodValueUnitDays
At 2020-06-30635,045USD

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.

PeriodValueUnitDays
At 2020-06-304,193,081USD
At 2019-12-314,380,393USD
At 2018-12-314,351,743USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2020-06-3010,698,741USD
At 2019-12-3110,166,757USD

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.

PeriodValueUnitDays
At 2020-06-306,353,555USD
At 2019-12-316,161,081USD

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.

PeriodValueUnitDays
At 2020-06-302,864,000USD
At 2019-12-312,952,000USD

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.

PeriodValueUnitDays
At 2020-06-30391,110USD
At 2019-12-31181,234USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

PeriodValueUnitDays
At 2020-06-301,058,641USD
At 2019-12-311,058,641USD

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-301,524,604USD91
2020-01-01 to 2020-06-303,291,283USD182
2019-04-01 to 2019-06-30331,264USD91
2019-01-01 to 2019-06-301,624,759USD181

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-301,264,945USD91
2020-01-01 to 2020-06-302,596,635USD182
2019-04-01 to 2019-06-30180,798USD91
2019-01-01 to 2019-06-301,221,212USD181

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-301,201,929USD91
2020-01-01 to 2020-06-302,367,676USD182
2019-04-01 to 2019-06-30-83,927USD91
2019-01-01 to 2019-06-301,109,516USD181

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-30281,282USD91
2019-04-01 to 2019-06-30297,746USD91

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.

PeriodValueUnitDays
2020-04-01 to 2020-06-308,219USD91
2019-04-01 to 2019-06-308,219USD91

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.

PeriodValueUnitDays
2019-01-01 to 2019-06-30-125,999USD181

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.

PeriodValueUnitDays
2020-01-01 to 2020-06-30156,075USD182
2019-01-01 to 2019-06-30209,826USD181

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.

PeriodValueUnitDays
2020-01-01 to 2020-06-30464,026USD182
2019-01-01 to 2019-06-308,741USD181

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.

PeriodValueUnitDays
2020-01-01 to 2020-06-3024,750USD182
2019-01-01 to 2019-06-30139,870USD181

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.

PeriodValueUnitDays
2020-01-01 to 2020-06-301,113,307USD182
2019-01-01 to 2019-06-30-834,543USD181

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.

PeriodValueUnitDays
2020-01-01 to 2020-06-30-1,290,632USD182
2019-01-01 to 2019-06-30561,557USD181

Inspect the source

Entity
FLEXIBLE SOLUTIONS INTERNATIONAL INC. / CIK 0001069394
Captured
2026-09-20T05:19:21.229Z
SEC response SHA-256
a903e23dc69a4ed86f2ba2c2fc69dbb381223852dd5b8f6cdd22a02c0a3abd6c

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.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

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Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001069394.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"])))