Skip to content

LIGHTYEAR NETWORK SOLUTIONS, INC.: 10-Q/A filed 2011-09-13

What LIGHTYEAR NETWORK SOLUTIONS, INC. reported in its quarterly report amendment filed 2011-09-13 (fiscal Q2 2011): 35 published measures, 87 facts as tagged in accession 0001144204-11-052693.

This is an amendment. Values here are as tagged in the amendment; the original filing has its own page.

This filing

Form
10-Q/A (quarterly report amendment)
Filed
2011-09-13
Fiscal period
fiscal Q2 2011
Accession
0001144204-11-052693 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 LIGHTYEAR NETWORK SOLUTIONS, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2011-06-3021,484,704USD
At 2010-12-3121,802,965USD

Total liabilities

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

PeriodValueUnitDays
At 2011-06-3024,331,513USD
At 2010-12-3124,039,383USD

Stockholders equity

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

PeriodValueUnitDays
At 2011-06-30-2,846,809USD
At 2010-12-31-2,236,418USD

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
2011-04-01 to 2011-06-30-221,566USD91
2011-01-01 to 2011-06-30-557,272USD181
2010-04-01 to 2010-06-30-1,314,750USD91
2010-01-01 to 2010-06-30-2,590,866USD181

Operating cash flow

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

PeriodValueUnitDays
2011-01-01 to 2011-06-30-631,358USD181
2010-01-01 to 2010-06-30-2,350,297USD181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2011-01-01 to 2011-06-30826,856USD181
2010-01-01 to 2010-06-3016,119USD181

Revenue

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

PeriodValueUnitDays
2011-04-01 to 2011-06-3017,846,656USD91
2011-01-01 to 2011-06-3036,477,047USD181
2010-04-01 to 2010-06-3011,272,870USD91
2010-01-01 to 2010-06-3022,540,565USD181

Financing cash flow

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

PeriodValueUnitDays
2011-01-01 to 2011-06-30542,005USD181
2010-01-01 to 2010-06-303,810,006USD181

Investing cash flow

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

PeriodValueUnitDays
2011-01-01 to 2011-06-30-635,595USD181
2010-01-01 to 2010-06-30-15,407USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2011-06-301,757,355USD
At 2010-12-312,314,627USD

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
2011-01-01 to 2011-06-30-123,800USD181

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 2011-06-307,519,448USD
At 2010-12-317,202,904USD

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
2011-01-01 to 2011-06-30325,184USD181
2010-01-01 to 2010-06-3047,176USD181

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
2011-04-01 to 2011-06-30-249,530USD91
2011-01-01 to 2011-06-30-830,960USD181
2010-04-01 to 2010-06-30-1,051,528USD91
2010-01-01 to 2010-06-30-1,981,520USD181

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 2011-06-3011,475,642USD
At 2010-12-3111,524,913USD

Interest expense

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

PeriodValueUnitDays
2011-04-01 to 2011-06-3075,102USD91
2011-01-01 to 2011-06-30157,698USD181
2010-04-01 to 2010-06-3017,686USD91
2010-01-01 to 2010-06-3018,755USD181

Current liabilities

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

PeriodValueUnitDays
At 2011-06-3013,364,075USD
At 2010-12-3113,068,103USD

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 2011-06-307,113,068USD
At 2010-12-317,160,116USD

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 2011-06-306,877,424USD
At 2010-12-316,150,424USD

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
2011-04-01 to 2011-06-306,492,252USD91
2011-01-01 to 2011-06-3013,661,959USD181
2010-04-01 to 2010-06-304,631,012USD91
2010-01-01 to 2010-06-309,206,257USD181

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 2011-06-30286,739USD
At 2010-12-31333,555USD

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
2011-04-01 to 2011-06-306,242,722USD91
2011-01-01 to 2011-06-3012,830,999USD181
2010-04-01 to 2010-06-303,579,484USD91
2010-01-01 to 2010-06-307,224,737USD181

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
2011-04-01 to 2011-06-3011,603,934USD91
2011-01-01 to 2011-06-3023,646,048USD181
2010-04-01 to 2010-06-307,693,386USD91
2010-01-01 to 2010-06-3015,315,828USD181

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
2011-04-01 to 2011-06-304,445,129USD91
2011-01-01 to 2011-06-309,292,828USD181
2010-04-01 to 2010-06-302,926,457USD91
2010-01-01 to 2010-06-305,437,303USD181

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 2011-06-3022,089,888shares
At 2010-12-3120,306,292shares

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 2011-06-309,221,469USD
At 2010-12-318,898,069USD

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 2011-06-302,489,614USD
At 2010-12-312,763,666USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2010-12-31311,482USD

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 2011-06-302,129,872USD
At 2010-12-312,287,875USD

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
2011-04-01 to 2011-06-30-600,525USD91
2011-01-01 to 2011-06-30-1,311,027USD181
2010-04-01 to 2010-06-30-1,643,736USD91
2010-01-01 to 2010-06-30-2,919,852USD181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2011-04-01 to 2011-06-3027,964USD91
2011-01-01 to 2011-06-30149,888USD181
2010-04-01 to 2010-06-30-263,222USD91
2010-01-01 to 2010-06-30-609,346USD181

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2011-01-01 to 2011-06-30-123,800USD181

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
2011-01-01 to 2011-06-301,230,508USD181
2010-01-01 to 2010-06-30315,156USD181

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
2011-01-01 to 2011-06-30-46,816USD181
2010-01-01 to 2010-06-305,800USD181

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.

PeriodValueUnitDays
2011-01-01 to 2011-06-30-47,048USD181
2010-01-01 to 2010-06-30-904,207USD181

Inspect the source

Entity
LIGHTYEAR NETWORK SOLUTIONS, INC. / CIK 0001130888
Captured
SEC response SHA-256
90ab0c963bffd13f8ba2ca559fd8cc8a73de441e020d50984fa1013566bb9cb2

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.

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

with urlopen("https://canlicapital.com/company-data/0001130888.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"])))