REFLECT SCIENTIFIC, INC.: 10-Q filed 2018-08-14
What REFLECT SCIENTIFIC, INC. reported in its quarterly report filed 2018-08-14 (fiscal Q2 2018): 28 published measures, 80 facts as tagged in accession 0001548123-18-000211.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2018-08-14
- Fiscal period
- fiscal Q2 2018
- Accession
- 0001548123-18-000211 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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2018-06-30 | 578,768 | USD | |
| At 2017-12-31 | 579,845 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2018-06-30 | 34,367 | USD | |
| At 2017-12-31 | 124,419 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2018-06-30 | 544,401 | USD | |
| At 2017-12-31 | 455,426 | 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 2018-06-30 | 154,431 | USD | |
| At 2017-12-31 | 235,858 | USD | |
| At 2017-06-30 | 175,517 | USD | |
| At 2016-12-31 | 263,964 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | -217,747 | USD | 91 |
| 2018-01-01 to 2018-06-30 | -119,026 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 13,099 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 10,710 | USD | 181 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 334,659 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 760,340 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 298,287 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 554,202 | USD | 181 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | 10,750 | USD | 181 |
| 2017-01-01 to 2017-06-30 | 0 | USD | 181 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | 0 | USD | 181 |
| 2017-01-01 to 2017-06-30 | 0 | USD | 181 |
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 2018-06-30 | -20,170,210 | USD | |
| At 2017-12-31 | -20,051,184 | USD |
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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 0 | USD/shares | 91 |
| 2018-01-01 to 2018-06-30 | 0 | USD/shares | 181 |
| 2017-04-01 to 2017-06-30 | 0 | USD/shares | 91 |
| 2017-01-01 to 2017-06-30 | 0 | USD/shares | 181 |
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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 0 | USD/shares | 91 |
| 2018-01-01 to 2018-06-30 | 0 | USD/shares | 181 |
| 2017-04-01 to 2017-06-30 | 0 | USD/shares | 91 |
| 2017-01-01 to 2017-06-30 | 0 | USD/shares | 181 |
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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 0 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 0 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 0 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 0 | USD | 181 |
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 2018-06-30 | 0 | USD | |
| At 2017-12-31 | 0 | 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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | -217,747 | USD | 91 |
| 2018-01-01 to 2018-06-30 | -119,026 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 13,099 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 10,710 | USD | 181 |
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 2018-06-30 | 515,668 | USD | |
| At 2017-12-31 | 516,745 | USD |
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 2018-06-30 | 34,367 | USD | |
| At 2017-12-31 | 124,419 | 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 2018-06-30 | 60,000 | USD | |
| At 2017-12-31 | 60,000 | 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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 431,879 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 649,529 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 166,108 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 334,384 | USD | 181 |
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 2018-06-30 | 165,304 | USD | |
| At 2017-12-31 | 155,352 | 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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 214,132 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 530,503 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 179,207 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 345,094 | USD | 181 |
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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 0 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 14,905 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 6,337 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 17,967 | USD | 181 |
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 2018-06-30 | 76,512,086 | shares | |
| At 2017-12-31 | 71,312,086 | 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 2018-06-30 | 19,949,491 | USD | |
| At 2017-12-31 | 19,793,490 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2018-06-30 | 33,206 | USD | |
| At 2017-12-31 | 3,100 | 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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | -217,747 | USD | 91 |
| 2018-01-01 to 2018-06-30 | -119,026 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 13,099 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 10,710 | USD | 181 |
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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 258,638 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 340,639 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 45,467 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 88,255 | USD | 181 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | -40,292 | USD | 181 |
| 2017-01-01 to 2017-06-30 | -82,621 | USD | 181 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | -9,952 | USD | 181 |
| 2017-01-01 to 2017-06-30 | 10,311 | USD | 181 |
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.
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.
Research methodology · Execution and cost assumptions · Check backtest overfitting
Build with the open-source tools
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.
- Get an API key and run your first validation
- Connect the MCP server to your coding assistant
- Inspect the ALPHAC engine on GitHub
- Read the MCP server source and integration examples
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"])))