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REFLECT SCIENTIFIC, INC.: 10-Q filed 2015-08-07

What REFLECT SCIENTIFIC, INC. reported in its quarterly report filed 2015-08-07 (fiscal Q2 2015): 28 published measures, 76 facts as tagged in accession 0001548123-15-000272.

This filing

Form
10-Q (quarterly report)
Filed
2015-08-07
Fiscal period
fiscal Q2 2015
Accession
0001548123-15-000272 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 REFLECT SCIENTIFIC, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2015-06-30727,853USD
At 2014-12-31843,424USD

Total liabilities

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

PeriodValueUnitDays
At 2015-06-3047,648USD
At 2014-12-311,409,953USD

Stockholders equity

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

PeriodValueUnitDays
At 2015-06-30680,205USD
At 2014-12-31-566,529USD

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 2015-06-30309,733USD
At 2014-12-31271,053USD
At 2014-06-30367,094USD
At 2013-12-31251,463USD

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
2015-04-01 to 2015-06-301,278,010USD91
2015-01-01 to 2015-06-301,246,734USD181
2014-04-01 to 2014-06-30-19,362USD91
2014-01-01 to 2014-06-306,732USD181

Revenue

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

PeriodValueUnitDays
2015-04-01 to 2015-06-30198,076USD91
2015-01-01 to 2015-06-30511,298USD181
2014-04-01 to 2014-06-30378,913USD91
2014-01-01 to 2014-06-30781,355USD181

Financing cash flow

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

PeriodValueUnitDays
2015-01-01 to 2015-06-30-5,285USD181
2014-01-01 to 2014-06-30-4,976USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2015-06-30-19,022,002USD
At 2014-12-31-20,268,736USD

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
2015-04-01 to 2015-06-300USD91
2015-01-01 to 2015-06-300USD181
2014-04-01 to 2014-06-300USD91
2014-01-01 to 2014-06-300USD181

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 2015-06-300USD
At 2014-12-310USD

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
2015-04-01 to 2015-06-30-47,852USD91
2015-01-01 to 2015-06-30-49,575USD181
2014-04-01 to 2014-06-3010,875USD91
2014-01-01 to 2014-06-3068,052USD181

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 2015-06-30646,753USD
At 2014-12-31746,281USD

Interest expense

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

PeriodValueUnitDays
2015-04-01 to 2015-06-30-263USD91
2015-01-01 to 2015-06-30-566USD181
2014-04-01 to 2014-06-30-1,799USD91
2014-01-01 to 2014-06-30-3,632USD181

Current liabilities

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

PeriodValueUnitDays
At 2015-06-3047,648USD
At 2014-12-311,409,953USD

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 2015-06-3060,000USD
At 2014-12-3160,000USD

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
2015-04-01 to 2015-06-30189,579USD91
2015-01-01 to 2015-06-30383,207USD181
2014-04-01 to 2014-06-30200,572USD91
2014-01-01 to 2014-06-30382,054USD181

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 2015-06-30240,179USD
At 2014-12-31215,958USD

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
2015-04-01 to 2015-06-30141,727USD91
2015-01-01 to 2015-06-30333,632USD181
2014-04-01 to 2014-06-30211,447USD91
2014-01-01 to 2014-06-30450,106USD181

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
2015-04-01 to 2015-06-3020,897USD91
2015-01-01 to 2015-06-3026,125USD181
2014-04-01 to 2014-06-305,654USD91
2014-01-01 to 2014-06-3011,417USD181

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 2015-06-3056,702,501shares
At 2014-12-3156,702,501shares

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 2015-06-3019,135,183USD
At 2014-12-3119,135,183USD

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 2015-06-3018,000USD
At 2014-12-3134,043USD

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 2015-06-3015,531USD
At 2014-12-3114,464USD

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 2015-06-303,100USD
At 2014-12-313,100USD

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.

PeriodValueUnitDays
2015-04-01 to 2015-06-3054,910USD91
2015-01-01 to 2015-06-30130,512USD181
2014-04-01 to 2014-06-3084,177USD91
2014-01-01 to 2014-06-30152,350USD181

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
2015-01-01 to 2015-06-300USD181
2014-01-01 to 2014-06-30668USD181

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
2015-01-01 to 2015-06-30162,429USD181
2014-01-01 to 2014-06-306,680USD181

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
2015-01-01 to 2015-06-30-24,221USD181
2014-01-01 to 2014-06-3011,852USD181

Inspect the source

Entity
REFLECT SCIENTIFIC, INC. / CIK 0001103090
Captured
2026-09-20T05:23:12.214Z
SEC response SHA-256
813550c8006e4fa44b9a7a7762a98655bae3a221b94d07ff4c5994f0aef8e605

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

with urlopen("https://canlicapital.com/company-data/0001103090.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"])))