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REFLECT SCIENTIFIC, INC.: 10-Q filed 2019-08-14

What REFLECT SCIENTIFIC, INC. reported in its quarterly report filed 2019-08-14 (fiscal Q2 2019): 32 published measures, 90 facts as tagged in accession 0001548123-19-000171.

This filing

Form
10-Q (quarterly report)
Filed
2019-08-14
Fiscal period
fiscal Q2 2019
Accession
0001548123-19-000171 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 2019-06-30631,630USD
At 2018-12-31592,671USD

Total liabilities

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

PeriodValueUnitDays
At 2019-06-30137,652USD
At 2018-12-3174,928USD

Stockholders equity

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

PeriodValueUnitDays
At 2019-06-30493,978USD
At 2018-12-31517,743USD

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 2019-06-30205,456USD
At 2018-12-31220,427USD
At 2018-06-30154,431USD
At 2017-12-31235,858USD

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
2019-04-01 to 2019-06-30-18,230USD91
2019-01-01 to 2019-06-30-23,765USD181
2019-01-01 to 2019-03-31-5,535USD90
2018-04-01 to 2018-06-30-217,747USD91
2018-01-01 to 2018-06-30-119,026USD181
2018-01-01 to 2018-03-3198,721USD90

Revenue

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

PeriodValueUnitDays
2019-04-01 to 2019-06-30284,567USD91
2019-01-01 to 2019-06-30610,881USD181
2018-04-01 to 2018-06-30334,659USD91
2018-01-01 to 2018-06-30760,340USD181

Financing cash flow

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

PeriodValueUnitDays
2019-01-01 to 2019-06-300USD181
2018-01-01 to 2018-06-3010,750USD181

Investing cash flow

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

PeriodValueUnitDays
2019-01-01 to 2019-06-30-588USD181
2018-01-01 to 2018-06-300USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2019-06-30-20,324,472USD
At 2018-12-31-20,300,707USD

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-300USD/shares91
2019-01-01 to 2019-06-300USD/shares181
2018-04-01 to 2018-06-300USD/shares91
2018-01-01 to 2018-06-300USD/shares181

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
2019-04-01 to 2019-06-300USD91
2019-01-01 to 2019-06-300USD181
2018-04-01 to 2018-06-300USD91
2018-01-01 to 2018-06-300USD181

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 2019-06-305,776USD
At 2018-12-317,766USD

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
2019-04-01 to 2019-06-30-19,562USD91
2019-01-01 to 2019-06-30-24,898USD181
2018-04-01 to 2018-06-30-217,747USD91
2018-01-01 to 2018-06-30-119,026USD181

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 2019-06-30492,164USD
At 2018-12-31521,805USD

Current liabilities

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

PeriodValueUnitDays
At 2019-06-30112,462USD
At 2018-12-3174,928USD

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 2019-06-3056,754USD
At 2018-12-3152,450USD

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 2019-06-3060,000USD
At 2018-12-3160,000USD

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
2019-04-01 to 2019-06-30198,500USD91
2019-01-01 to 2019-06-30436,244USD181
2018-04-01 to 2018-06-30431,879USD91
2018-01-01 to 2018-06-30649,529USD181

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 2019-06-30162,593USD
At 2018-12-31142,325USD

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
2019-04-01 to 2019-06-30178,938USD91
2019-01-01 to 2019-06-30411,346USD181
2018-04-01 to 2018-06-30214,132USD91
2018-01-01 to 2018-06-30530,503USD181

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
2019-04-01 to 2019-06-304,462USD91
2019-01-01 to 2019-06-3029,623USD181
2018-04-01 to 2018-06-300USD91
2018-01-01 to 2018-06-3014,905USD181

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 2019-06-3079,108,086shares
At 2018-12-3179,108,086shares

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 2019-06-3020,027,369USD
At 2018-12-3120,027,369USD

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 2019-06-30493,978USD
At 2019-03-31512,208USD
At 2018-12-31517,743USD
At 2018-06-30544,400USD
At 2018-03-31554,147USD
At 2017-12-31455,426USD

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 2019-06-3070,590USD

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 2019-06-3071,508USD

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 2019-06-303,510USD
At 2018-12-313,510USD

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
2019-04-01 to 2019-06-30-18,230USD91
2019-01-01 to 2019-06-30-23,765USD181
2018-04-01 to 2018-06-30-217,747USD91
2018-01-01 to 2018-06-30-119,026USD181

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
2019-04-01 to 2019-06-3072,669USD91
2019-01-01 to 2019-06-30157,112USD181
2018-04-01 to 2018-06-30259,638USD91
2018-01-01 to 2018-06-30340,639USD181

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
2019-01-01 to 2019-06-301,990USD181
2018-01-01 to 2018-06-300USD181

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
2019-01-01 to 2019-06-3034,938USD181
2018-01-01 to 2018-06-30-40,292USD181

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
2019-01-01 to 2019-06-30-20,268USD181
2018-01-01 to 2018-06-30-9,952USD181

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.

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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.

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"])))