CORRELATE ENERGY CORP.: 10-Q filed 2022-11-10

Name: CORRELATE ENERGY CORP.: 10-Q filed 2022-11-10
Creator: CORRELATE ENERGY CORP.

What CORRELATE ENERGY CORP. reported in its quarterly report filed 2022-11-10 (fiscal Q3 2022): 31 published measures, 94 facts as tagged in accession 0001477932-22-008312.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-11-10
Fiscal period: fiscal Q3 2022
Accession: 0001477932-22-008312 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 CORRELATE ENERGY CORP. 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 2022-09-30	2,168,875	USD
At 2021-12-31	1,457,097	USD

Total liabilities

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

Period	Value	Unit	Days
At 2022-09-30	3,495,209	USD
At 2021-12-31	1,024,677	USD

Stockholders equity

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

Period	Value	Unit
At 2022-09-30	-1,326,334	USD
At 2022-06-30	-463,504	USD
At 2022-03-31	558,592	USD
At 2021-12-31	432,420	USD
At 2021-09-30	-556,270	USD
At 2021-06-30	-555,284	USD
At 2021-03-31	-551,076	USD
At 2020-12-31	-547,569	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
2022-07-01 to 2022-09-30	-2,586,917	USD	92
2022-01-01 to 2022-09-30	-5,261,707	USD	273
2022-04-01 to 2022-06-30	-1,701,330	USD	91
2022-01-01 to 2022-03-31	-973,460	USD	90
2021-07-01 to 2021-09-30	-986	USD	92
2021-01-01 to 2021-09-30	-8,701	USD	273
2021-04-01 to 2021-06-30	-4,208	USD	91
2021-01-01 to 2021-03-31	-3,507	USD	90

Operating cash flow

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

Period	Value	Unit	Days
2022-01-01 to 2022-09-30	-1,975,196	USD	273
2021-01-01 to 2021-09-30	-43,744	USD	273

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
2022-01-01 to 2022-09-30	2,080,000	USD	273
2021-01-01 to 2021-09-30	0	USD	273

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
2022-01-01 to 2022-09-30	-8,305	USD	273
2021-01-01 to 2021-09-30	0	USD	273

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 2022-09-30	-6,367,225	USD
At 2021-12-31	-1,105,518	USD

Basic weighted-average shares

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

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	35,139,920	shares	92
2022-01-01 to 2022-09-30	34,876,184	shares	273
2021-07-01 to 2021-09-30	20,000,000	shares	92
2021-01-01 to 2021-09-30	58,966,790	shares	273

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
2022-07-01 to 2022-09-30	-0.07	USD/shares	92
2022-01-01 to 2022-09-30	-0.15	USD/shares	273
2021-07-01 to 2021-09-30	0	USD/shares	92
2021-01-01 to 2021-09-30	0	USD/shares	273

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 2022-09-30	7,905	USD
At 2021-12-31	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
2022-07-01 to 2022-09-30	-2,286,039	USD	92
2022-01-01 to 2022-09-30	-4,462,323	USD	273
2021-07-01 to 2021-09-30	-986	USD	92
2021-01-01 to 2021-09-30	-8,701	USD	273

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 2022-09-30	1,042,349	USD
At 2021-12-31	292,996	USD

Interest expense

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

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	43,381	USD	92
2022-01-01 to 2022-09-30	113,745	USD	273
2021-07-01 to 2021-09-30	0	USD	92
2021-01-01 to 2021-09-30	0	USD	273

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 2022-09-30	3,288,158	USD
At 2021-12-31	1,004,277	USD

Current accounts payable

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

Period	Value	Unit	Days
At 2022-09-30	814,780	USD
At 2021-12-31	819,413	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 2022-09-30	762,851	USD
At 2021-12-31	762,851	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
2022-07-01 to 2022-09-30	2,429,478	USD	92
2022-01-01 to 2022-09-30	4,647,800	USD	273
2021-07-01 to 2021-09-30	2,907	USD	92
2021-01-01 to 2021-09-30	16,141	USD	273

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 2022-09-30	174,843	USD
At 2021-12-31	0	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
2022-07-01 to 2022-09-30	143,439	USD	92
2022-01-01 to 2022-09-30	185,477	USD	273
2021-07-01 to 2021-09-30	1,921	USD	92
2021-01-01 to 2021-09-30	7,440	USD	273

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.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	2,169,138	USD	92
2022-01-01 to 2022-09-30	2,432,198	USD	273
2021-07-01 to 2021-09-30	13,370	USD	92
2021-01-01 to 2021-09-30	17,086	USD	273

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 2022-09-30	35,139,920	shares
At 2021-12-31	0	shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2022-09-30	348,688	USD
At 2021-12-31	252,189	USD
At 2021-09-30	30,631	USD
At 2020-12-31	74,375	USD

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 2022-09-30	5,037,377	USD
At 2021-12-31	1,534,474	USD

Gross property, plant and equipment

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

Period	Value	Unit	Days
At 2022-09-30	8,305	USD
At 2021-12-31	0	USD

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.

Period	Value	Unit	Days
At 2022-09-30	400	USD
At 2021-12-31	0	USD

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
2022-07-01 to 2022-09-30	2,301,539	USD	92
2022-01-01 to 2022-09-30	3,496,747	USD	273
2021-07-01 to 2021-09-30	406	USD	92
2021-01-01 to 2021-09-30	3,911	USD	273

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	-300,878	USD	92
2022-01-01 to 2022-09-30	-799,384	USD	273
2021-07-01 to 2021-09-30	0	USD	92
2021-01-01 to 2021-09-30	0	USD	273

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.

Period	Value	Unit	Days
2022-01-01 to 2022-09-30	150,000	USD	273
2021-01-01 to 2021-09-30	0	USD	273

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
2022-01-01 to 2022-09-30	383,028	USD	273
2021-01-01 to 2021-09-30	6,859	USD	273

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2022-01-01 to 2022-09-30	-4,633	USD	273
2021-01-01 to 2021-09-30	-27,224	USD	273

Inspect the source

Entity: CORRELATE ENERGY CORP. / CIK 0001108645
Captured: 2026-09-21T17:18:24.067Z
SEC response SHA-256: c011971f8f42ff50e9fee81b39a649d27c675fc316b0db608f19aef0a8789490

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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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001108645.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"])))