GrowLife, Inc.: 10-Q filed 2015-12-01

Name: GrowLife, Inc.: 10-Q filed 2015-12-01
Creator: GrowLife, Inc.

What GrowLife, Inc. reported in its quarterly report filed 2015-12-01 (fiscal Q3 2015): 32 published measures, 79 facts as tagged in accession 0001354488-15-005351.

This filing

Form: 10-Q (quarterly report)
Filed: 2015-12-01
Fiscal period: fiscal Q3 2015
Accession: 0001354488-15-005351 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 GrowLife, 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 2015-09-30	1,537,088	USD
At 2014-12-31	2,361,757	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2015-09-30	-5,395,716	USD
At 2014-12-31	-2,238,917	USD

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.

Period	Value	Unit	Days
At 2015-09-30	62,569	USD
At 2014-12-31	286,238	USD

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
2015-01-01 to 2015-09-30	-1,010,547	USD	273
2014-01-01 to 2014-12-31	-2,122,577	USD	365
2014-01-01 to 2014-09-30	-1,979,219	USD	273
2013-01-01 to 2013-12-31	-1,791,074	USD	365

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
2015-01-01 to 2015-09-30	786,878	USD	273
2014-01-01 to 2014-09-30	393,513	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
2015-01-01 to 2015-09-30	0	USD	273
2014-01-01 to 2014-09-30	-3,925	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 2015-09-30	-114,493,134	USD
At 2014-12-31	-111,026,803	USD

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 2015-09-30	12,830	USD
At 2014-12-31	24,042	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
2015-01-01 to 2015-09-30	138,532	USD	273
2014-01-01 to 2014-09-30	623,799	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
2015-07-01 to 2015-09-30	-777,630	USD	92
2015-01-01 to 2015-09-30	-1,751,882	USD	273
2014-01-01 to 2014-09-30	-5,842,484	USD	273
2014-04-01 to 2014-06-30	-2,101,520	USD	91

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 2015-09-30	515,017	USD
At 2014-12-31	1,244,963	USD

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 2015-09-30	4,632,804	USD
At 2014-12-31	4,502,341	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 2015-09-30	1,260,152	USD
At 2014-12-31	1,129,130	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 2015-09-30	739,000	USD
At 2014-12-31	739,000	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2015-09-30	270,241	USD

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 2015-09-30	435,694	USD
At 2014-12-31	883,350	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
2015-07-01 to 2015-09-30	-78,907	USD	92
2015-01-01 to 2015-09-30	430,169	USD	273
2014-01-01 to 2014-09-30	841,841	USD	273
2014-04-01 to 2014-06-30	-178,488	USD	91

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 2015-09-30	887,116,496	shares
At 2014-12-31	879,343,771	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 2015-09-30	109,008,704	USD
At 2014-12-31	108,699,950	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 2015-09-30	222,228	USD
At 2014-12-31	222,228	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 2015-09-30	209,398	USD
At 2014-12-31	198,186	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 2015-09-30	270,241	USD
At 2014-12-31	353,752	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2015-09-30	156,274	USD
At 2014-12-31	276,225	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 2015-09-30	0	USD
At 2014-12-31	41,791	USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	-98,171	USD	92
2015-01-01 to 2015-09-30	-3,466,331	USD	273
2014-01-01 to 2014-12-31	-86,626,099	USD	365
2014-01-01 to 2014-09-30	-90,008,006	USD	273
2014-04-01 to 2014-06-30	-37,766,270	USD	91
2013-01-01 to 2013-12-31	-21,380,138	USD	365

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
2015-07-01 to 2015-09-30	698,723	USD	92
2015-01-01 to 2015-09-30	2,182,051	USD	273
2014-01-01 to 2014-09-30	6,684,325	USD	273
2014-04-01 to 2014-06-30	1,923,032	USD	91

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.

Period	Value	Unit	Days
2015-01-01 to 2015-09-30	11,212	USD	273
2014-01-01 to 2014-09-30	28,058	USD	273

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2015-01-01 to 2015-09-30	79,911	USD	273
2014-01-01 to 2014-09-30	79,911	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
2015-07-01 to 2015-09-30	679,459	USD	92
2015-01-01 to 2015-09-30	-1,714,449	USD	273
2014-01-01 to 2014-09-30	-84,165,522	USD	273
2014-04-01 to 2014-06-30	-35,664,750	USD	91

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

Period	Unit	Days
2015-07-01 to 2015-09-30	USD	92
2015-01-01 to 2015-09-30	USD	273
2014-01-01 to 2014-09-30	USD	273
2014-04-01 to 2014-06-30	USD	91

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
2015-01-01 to 2015-09-30	0	USD	273
2014-01-01 to 2014-09-30	-91,615	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
2015-01-01 to 2015-09-30	-427,441	USD	273
2014-01-01 to 2014-09-30	-437,493	USD	273

Inspect the source

Entity: GrowLife, Inc. / CIK 0001161582
Captured: 2026-09-22 19:41 UTC
SEC response SHA-256: 86c1783c6e4ea5c4e3d5426a1aaac52aee7f955345759d14fe28af758b41bc65

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import json
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with urlopen("https://canlicapital.com/company-data/0001161582.json") as response:
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print(record["policy"])
for concept in record["concepts"]:
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