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VERTICAL COMPUTER SYSTEMS, INC.: 10-Q filed 2017-08-21

What VERTICAL COMPUTER SYSTEMS, INC. reported in its quarterly report filed 2017-08-21 (fiscal Q2 2017): 30 published measures, 86 facts as tagged in accession 0001615774-17-004615.

This filing

Form
10-Q (quarterly report)
Filed
2017-08-21
Fiscal period
fiscal Q2 2017
Accession
0001615774-17-004615 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 VERTICAL COMPUTER SYSTEMS, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2017-06-30352,293USD
At 2016-12-31587,932USD

Total liabilities

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

PeriodValueUnitDays
At 2017-06-3021,854,294USD
At 2016-12-3121,184,687USD

Stockholders equity

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

PeriodValueUnitDays
At 2017-06-30-32,066,809USD
At 2016-12-31-30,909,247USD

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 2017-06-3079,375USD
At 2016-12-31190,448USD
At 2016-06-3096,437USD
At 2015-12-3137,141USD

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
2017-04-01 to 2017-06-30-585,308USD91
2017-01-01 to 2017-06-30-1,313,715USD181
2016-04-01 to 2016-06-30-904,831USD91
2016-01-01 to 2016-06-30-1,458,159USD182

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
2017-04-01 to 2017-06-3084,289USD91
2017-01-01 to 2017-06-30120,199USD181
2016-04-01 to 2016-06-3027,196USD91
2016-01-01 to 2016-06-30102,756USD182

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 2017-06-304,454USD
At 2016-12-315,097USD

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
2017-01-01 to 2017-06-30188,786USD181
2016-01-01 to 2016-06-30141,306USD182

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
2017-04-01 to 2017-06-30-363,391USD91
2017-01-01 to 2017-06-30-825,688USD181
2016-04-01 to 2016-06-30-221,595USD91
2016-01-01 to 2016-06-30-330,870USD182

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 2017-06-30333,152USD
At 2016-12-31568,081USD

Interest expense

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

PeriodValueUnitDays
2017-04-01 to 2017-06-30460,592USD91
2017-01-01 to 2017-06-301,018,603USD181
2016-04-01 to 2016-06-30526,078USD91
2016-01-01 to 2016-06-30903,045USD182

Current liabilities

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

PeriodValueUnitDays
At 2017-06-3021,854,294USD
At 2016-12-3121,184,687USD

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 2017-06-306,690USD
At 2016-12-316,690USD

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 2017-06-30239,117USD
At 2016-12-31367,278USD

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
2017-04-01 to 2017-06-30883,754USD91
2017-01-01 to 2017-06-301,915,242USD181
2016-04-01 to 2016-06-30814,946USD91
2016-01-01 to 2016-06-301,489,008USD182

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
2017-04-01 to 2017-06-30520,363USD91
2017-01-01 to 2017-06-301,089,554USD181
2016-04-01 to 2016-06-30593,351USD91
2016-01-01 to 2016-06-301,158,138USD182

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.

PeriodValueUnitDays
2017-04-01 to 2017-06-30439,243USD91
2017-01-01 to 2017-06-30812,795USD181
2016-04-01 to 2016-06-30376,308USD91
2016-01-01 to 2016-06-30764,464USD182

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.

PeriodValueUnitDays
2017-04-01 to 2017-06-30897,074USD91
2017-01-01 to 2017-06-301,979,259USD181
2016-04-01 to 2016-06-30808,832USD91
2016-01-01 to 2016-06-301,476,648USD182

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 2017-06-301,135,980,201shares
At 2016-12-311,127,841,439shares

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 2017-06-3023,863,405USD
At 2016-12-3123,672,153USD

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 2017-06-30-56,331,390USD
At 2016-12-31-55,017,675USD

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 2017-06-30-31,807,194USD
At 2016-12-31-30,865,278USD

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 2017-06-301,043,962USD
At 2016-12-311,043,397USD

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.

PeriodValueUnitDays
At 2017-06-3014,660USD
At 2016-12-3110,355USD

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
2017-04-01 to 2017-06-30-546,551USD91
2017-01-01 to 2017-06-30-1,230,377USD181
2016-04-01 to 2016-06-30-857,443USD91
2016-01-01 to 2016-06-30-1,326,063USD182

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
2017-04-01 to 2017-06-30-630,840USD91
2017-01-01 to 2017-06-30-1,350,576USD181
2016-04-01 to 2016-06-30-884,639USD91
2016-01-01 to 2016-06-30-1,428,819USD182

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
2017-04-01 to 2017-06-30-596,499USD91
2017-01-01 to 2017-06-30-1,348,895USD181
2016-04-01 to 2016-06-30-961,548USD91
2016-01-01 to 2016-06-30-1,632,357USD182

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.

PeriodValueUnitDays
2017-04-01 to 2017-06-30-740,241USD91
2017-01-01 to 2017-06-30-1,620,120USD181
2016-04-01 to 2016-06-30-1,051,831USD91
2016-01-01 to 2016-06-30-1,752,159USD182

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2017-01-01 to 2017-06-30650USD181
2016-01-01 to 2016-06-30433USD182

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
2017-01-01 to 2017-06-30-196,296USD181
2016-01-01 to 2016-06-30-259,246USD182

Inspect the source

Entity
VERTICAL COMPUTER SYSTEMS, INC. / CIK 0001099509
Captured
SEC response SHA-256
5f47a9d5d3e7c2e2ed0a32fef16c0937ff1e262e874190f1e9b2c3ebef717c98

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

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

with urlopen("https://canlicapital.com/company-data/0001099509.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"])))