LIGHTYEAR NETWORK SOLUTIONS, INC.: 10-Q filed 2011-11-14
What LIGHTYEAR NETWORK SOLUTIONS, INC. reported in its quarterly report filed 2011-11-14 (fiscal Q3 2011): 36 published measures, 91 facts as tagged in accession 0001144204-11-064300.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2011-11-14
- Fiscal period
- fiscal Q3 2011
- Accession
- 0001144204-11-064300 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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-09-30 | 19,828,715 | USD | |
| At 2010-12-31 | 21,802,965 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-09-30 | 22,617,382 | USD | |
| At 2010-12-31 | 24,039,383 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-09-30 | -2,788,667 | USD | |
| At 2010-12-31 | -2,236,418 | 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 |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 102,645 | USD | 92 |
| 2011-01-01 to 2011-09-30 | -454,627 | USD | 273 |
| 2010-07-01 to 2010-09-30 | -828,060 | USD | 92 |
| 2010-01-01 to 2010-09-30 | -3,418,926 | USD | 273 |
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 |
|---|---|---|---|
| 2011-01-01 to 2011-09-30 | -362,020 | USD | 273 |
| 2010-01-01 to 2010-09-30 | -5,251,278 | USD | 273 |
Capital expenditure payments
Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-01-01 to 2011-09-30 | 1,054,972 | USD | 273 |
| 2010-01-01 to 2010-09-30 | 38,156 | USD | 273 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 17,409,514 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 53,886,561 | USD | 273 |
| 2010-07-01 to 2010-09-30 | 11,588,424 | USD | 92 |
| 2010-01-01 to 2010-09-30 | 34,128,989 | 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 |
|---|---|---|---|
| 2011-01-01 to 2011-09-30 | 258,946 | USD | 273 |
| 2010-01-01 to 2010-09-30 | 5,458,342 | 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 |
|---|---|---|---|
| 2011-01-01 to 2011-09-30 | -863,461 | USD | 273 |
| 2010-01-01 to 2010-09-30 | -37,444 | 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 2011-09-30 | 1,860,000 | USD | |
| At 2010-12-31 | 2,314,627 | USD |
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 |
|---|---|---|---|
| 2011-01-01 to 2011-09-30 | -123,800 | USD | 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 2011-09-30 | 7,459,820 | USD | |
| At 2010-12-31 | 7,202,904 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-01-01 to 2011-09-30 | 473,345 | USD | 273 |
| 2010-01-01 to 2010-09-30 | 152,550 | USD | 273 |
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 |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | -44,835 | USD | 92 |
| 2011-01-01 to 2011-09-30 | -875,795 | USD | 273 |
| 2010-07-01 to 2010-09-30 | -986,770 | USD | 92 |
| 2010-01-01 to 2010-09-30 | -2,968,290 | 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 2011-09-30 | 10,016,665 | USD | |
| At 2010-12-31 | 11,524,913 | 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 |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 77,180 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 234,878 | USD | 273 |
| 2010-07-01 to 2010-09-30 | 16,374 | USD | 92 |
| 2010-01-01 to 2010-09-30 | 35,129 | 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 2011-09-30 | 11,670,484 | USD | |
| At 2010-12-31 | 13,068,103 | 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 2011-09-30 | 7,451,084 | USD | |
| At 2010-12-31 | 7,160,116 | USD |
Net current accounts receivable
Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-09-30 | 5,192,455 | USD | |
| At 2010-12-31 | 6,150,424 | 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 |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 6,365,210 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 20,027,169 | USD | 273 |
| 2010-07-01 to 2010-09-30 | 4,575,439 | USD | 92 |
| 2010-01-01 to 2010-09-30 | 13,781,696 | 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 2011-09-30 | 495,990 | USD | |
| At 2010-12-31 | 333,555 | 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 |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 6,320,375 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 19,151,374 | USD | 273 |
| 2010-07-01 to 2010-09-30 | 3,588,669 | USD | 92 |
| 2010-01-01 to 2010-09-30 | 10,813,406 | 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 |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 11,089,139 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 34,735,187 | USD | 273 |
| 2010-07-01 to 2010-09-30 | 7,999,755 | USD | 92 |
| 2010-01-01 to 2010-09-30 | 23,315,583 | USD | 273 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 4,173,910 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 13,466,738 | USD | 273 |
| 2010-07-01 to 2010-09-30 | 2,707,335 | USD | 92 |
| 2010-01-01 to 2010-09-30 | 8,144,638 | 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 2011-09-30 | 22,089,888 | shares | |
| At 2010-12-31 | 20,306,292 | 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 2011-09-30 | 9,369,630 | USD | |
| At 2010-12-31 | 8,898,069 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-09-30 | 2,352,230 | USD | |
| At 2010-12-31 | 2,763,666 | USD |
Other noncurrent assets
Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-12-31 | 311,482 | 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 2011-09-30 | 2,358,107 | USD | |
| At 2010-12-31 | 2,287,875 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | -280,477 | USD | 92 |
| 2011-01-01 to 2011-09-30 | -1,591,504 | USD | 273 |
| 2010-07-01 to 2010-09-30 | -1,211,184 | USD | 92 |
| 2010-01-01 to 2010-09-30 | -4,131,036 | 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 |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 122,304 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 233,372 | USD | 273 |
| 2010-07-01 to 2010-09-30 | -721 | USD | 92 |
| 2010-01-01 to 2010-09-30 | -612 | USD | 273 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-07-01 to 2011-09-30 | 147,480 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 297,368 | USD | 273 |
| 2010-07-01 to 2010-09-30 | 158,710 | USD | 92 |
| 2010-01-01 to 2010-09-30 | -450,636 | USD | 273 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-01-01 to 2011-09-30 | -123,800 | 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 |
|---|---|---|---|
| 2011-01-01 to 2011-09-30 | -259,032 | USD | 273 |
| 2010-01-01 to 2010-09-30 | 824,893 | USD | 273 |
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 |
|---|---|---|---|
| 2011-01-01 to 2011-09-30 | 162,435 | USD | 273 |
| 2010-01-01 to 2010-09-30 | 22,150 | 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 |
|---|---|---|---|
| 2011-01-01 to 2011-09-30 | 290,968 | USD | 273 |
| 2010-01-01 to 2010-09-30 | -2,464,588 | USD | 273 |
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.
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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"])))