LIGHTYEAR NETWORK SOLUTIONS, INC.: 10-Q filed 2012-11-14
What LIGHTYEAR NETWORK SOLUTIONS, INC. reported in its quarterly report filed 2012-11-14 (fiscal Q3 2012): 37 published measures, 103 facts as tagged in accession 0001144204-12-062271.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2012-11-14
- Fiscal period
- fiscal Q3 2012
- Accession
- 0001144204-12-062271 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 2012-09-30 | 16,890,330 | USD | |
| At 2011-12-31 | 19,065,374 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-09-30 | 20,635,914 | USD | |
| At 2011-12-31 | 21,985,878 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2012-09-30 | -3,745,584 | USD | |
| At 2011-12-31 | -2,920,504 | 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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | -632,957 | USD | 92 |
| 2012-01-01 to 2012-09-30 | -1,402,026 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 102,645 | USD | 92 |
| 2011-01-01 to 2011-09-30 | -454,627 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | 1,044,633 | USD | 274 |
| 2011-01-01 to 2011-09-30 | -362,020 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | 246,607 | USD | 274 |
| 2011-01-01 to 2011-09-30 | 1,054,972 | 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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 16,690,248 | USD | 92 |
| 2012-01-01 to 2012-09-30 | 50,484,592 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 17,409,514 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 53,886,561 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | -878,318 | USD | 274 |
| 2011-01-01 to 2011-09-30 | 258,946 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | -246,607 | USD | 274 |
| 2011-01-01 to 2011-09-30 | -863,461 | 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 2012-09-30 | -12,611,640 | USD | |
| At 2011-12-31 | -11,209,614 | USD | |
| At 2010-02-12 | 12,600,000 | 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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 22,086,641 | shares | 92 |
| 2012-01-01 to 2012-09-30 | 22,086,641 | shares | 274 |
| 2011-07-01 to 2011-09-30 | 22,089,888 | shares | 92 |
| 2011-01-01 to 2011-09-30 | 21,528,021 | shares | 273 |
Diluted weighted-average shares
Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 258,188 | shares | 92 |
| 2012-01-01 to 2012-09-30 | 225,478 | shares | 274 |
| 2011-07-01 to 2011-09-30 | 152,587 | shares | 92 |
| 2011-01-01 to 2011-09-30 | 113,423 | shares | 273 |
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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 0 | USD | 92 |
| 2012-01-01 to 2012-09-30 | 0 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 0 | USD | 92 |
| 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 2012-09-30 | 6,862,059 | USD | |
| At 2011-12-31 | 7,161,057 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | 576,946 | USD | 274 |
| 2011-01-01 to 2011-09-30 | 473,345 | 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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | -543,885 | USD | 92 |
| 2012-01-01 to 2012-09-30 | -1,052,714 | USD | 274 |
| 2011-07-01 to 2011-09-30 | -44,835 | USD | 92 |
| 2011-01-01 to 2011-09-30 | -875,795 | 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 2012-09-30 | 8,427,022 | USD | |
| At 2011-12-31 | 9,975,568 | 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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 57,424 | USD | 92 |
| 2012-01-01 to 2012-09-30 | 182,256 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 77,180 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 234,878 | 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 2012-09-30 | 10,678,718 | USD | |
| At 2011-12-31 | 11,315,453 | 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 2012-09-30 | 6,781,160 | USD | |
| At 2011-12-31 | 7,216,117 | 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 2012-09-30 | 4,730,574 | USD | |
| At 2011-12-31 | 5,237,404 | 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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 5,698,406 | USD | 92 |
| 2012-01-01 to 2012-09-30 | 17,750,472 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 6,365,210 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 20,027,169 | 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 2012-09-30 | 244,707 | USD | |
| At 2011-12-31 | 335,964 | 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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 5,154,521 | USD | 92 |
| 2012-01-01 to 2012-09-30 | 16,697,758 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 6,320,375 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 19,151,374 | 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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 11,535,727 | USD | 92 |
| 2012-01-01 to 2012-09-30 | 33,786,834 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 11,089,139 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 34,735,187 | 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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 3,677,626 | USD | 92 |
| 2012-01-01 to 2012-09-30 | 11,578,934 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 4,098,751 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 13,341,507 | 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 2012-09-30 | 22,086,641 | shares | |
| At 2011-12-31 | 22,086,641 | 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 2012-09-30 | 10,067,172 | USD | |
| At 2011-12-31 | 9,490,226 | 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 2012-09-30 | 1,601,249 | USD | |
| At 2011-12-31 | 1,928,749 | 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 2012-09-30 | 1,525,112 | USD | |
| At 2011-12-31 | 2,523,039 | 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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | -632,957 | USD | 92 |
| 2012-01-01 to 2012-09-30 | -1,402,026 | USD | 274 |
| 2011-07-01 to 2011-09-30 | -280,477 | USD | 92 |
| 2011-01-01 to 2011-09-30 | -1,591,504 | 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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | 32,723 | USD | 92 |
| 2012-01-01 to 2012-09-30 | 34,150 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 122,304 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 233,372 | 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 |
|---|---|---|---|
| 2012-07-01 to 2012-09-30 | -89,072 | USD | 92 |
| 2012-01-01 to 2012-09-30 | -349,312 | USD | 274 |
| 2011-07-01 to 2011-09-30 | 147,480 | USD | 92 |
| 2011-01-01 to 2011-09-30 | 297,368 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | 0 | USD | 274 |
| 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 |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | 267,471 | USD | 274 |
| 2011-01-01 to 2011-09-30 | -259,032 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | -91,257 | USD | 274 |
| 2011-01-01 to 2011-09-30 | 162,435 | 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 |
|---|---|---|---|
| 2012-01-01 to 2012-09-30 | -434,957 | USD | 274 |
| 2011-01-01 to 2011-09-30 | 290,968 | 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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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"])))