GB SCIENCES INC: 10-Q filed 2019-08-15

Name: GB SCIENCES INC: 10-Q filed 2019-08-15
Creator: GB SCIENCES INC

What GB SCIENCES INC reported in its quarterly report filed 2019-08-15 (fiscal Q1 2020): 39 published measures, 83 facts as tagged in accession 0001445866-19-001026.

This filing

Form: 10-Q (quarterly report)
Filed: 2019-08-15
Fiscal period: fiscal Q1 2020
Accession: 0001445866-19-001026 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 GB SCIENCES 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 2019-06-30	30,467,773	USD
At 2019-03-31	30,023,302	USD

Total liabilities

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

Period	Value	Unit	Days
At 2019-06-30	14,856,935	USD
At 2019-03-31	12,867,303	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2019-06-30	6,887,297	USD
At 2019-03-31	8,300,242	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
At 2019-06-30	141,312	USD
At 2019-03-31	227,758	USD
At 2018-06-30	4,659,437	USD
At 2018-03-31	3,579,700	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
2019-04-01 to 2019-06-30	-2,406,667	USD	91
2018-04-01 to 2018-06-30	-5,167,339	USD	91

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
2019-04-01 to 2019-06-30	-2,631,121	USD	91
2018-04-01 to 2018-06-30	-3,309,129	USD	91

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
2019-04-01 to 2019-06-30	218,647	USD	91
2018-04-01 to 2018-06-30	2,648,106	USD	91

Revenue

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

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	910,676	USD	91
2018-04-01 to 2018-06-30	1,315,284	USD	91

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
2019-04-01 to 2019-06-30	2,802,349	USD	91
2018-04-01 to 2018-06-30	7,036,972	USD	91

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
2019-04-01 to 2019-06-30	-257,674	USD	91
2018-04-01 to 2018-06-30	-2,648,106	USD	91

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 2019-06-30	-87,232,454	USD
At 2019-03-31	-84,743,836	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
2019-04-01 to 2019-06-30	57,392	USD	91
2018-04-01 to 2018-06-30	0	USD	91

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 2019-06-30	23,319,057	USD
At 2019-03-31	23,504,702	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
2019-04-01 to 2019-06-30	176,402	USD	91
2018-04-01 to 2018-06-30	967,317	USD	91

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
2019-04-01 to 2019-06-30	-1,981,081	USD	91
2018-04-01 to 2018-06-30	-3,729,162	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 2019-06-30	3,875,812	USD
At 2019-03-31	3,466,771	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
2019-04-01 to 2019-06-30	500,410	USD	91
2018-04-01 to 2018-06-30	1,720,182	USD	91

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 2019-06-30	8,648,145	USD
At 2019-03-31	6,712,180	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 2019-06-30	2,467,566	USD
At 2019-03-31	3,070,756	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 2019-06-30	1,857,829	USD
At 2019-03-31	1,818,802	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 2019-06-30	310,406	USD
At 2019-03-31	488,329	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 2019-06-30	3,177,278	USD
At 2019-03-31	2,136,506	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
2019-04-01 to 2019-06-30	286,307	USD	91
2018-04-01 to 2018-06-30	734,719	USD	91

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
2019-04-01 to 2019-06-30	624,369	USD	91
2018-04-01 to 2018-06-30	580,565	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 2019-06-30	246,852,769	shares
At 2019-03-31	240,627,102	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 2019-06-30	94,095,065	USD
At 2019-03-31	93,020,015	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit
At 2019-06-30	15,610,838	USD
At 2019-03-31	17,155,999	USD
At 2018-06-30	19,888,172	USD
At 2018-03-31	15,631,721	USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

Period	Value	Unit
At 2019-06-30	178,198	USD
At 2019-04-02	182,624	USD
At 2019-03-31	0	USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

Period	Value	Unit	Days
At 2019-06-30	189,544	USD
At 2019-04-02	190,173	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 2019-06-30	376,399	USD
At 2019-03-31	346,634	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	-2,481,491	USD	91
2018-04-01 to 2018-06-30	-5,351,483	USD	91

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
2019-04-01 to 2019-06-30	-2,538,883	USD	91
2018-04-01 to 2018-06-30	-5,351,483	USD	91

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
2019-04-01 to 2019-06-30	-2,406,667	USD	91
2018-04-01 to 2018-06-30	-5,167,339	USD	91

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
2019-04-01 to 2019-06-30	2,267,388	USD	91
2018-04-01 to 2018-06-30	4,463,881	USD	91

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
2019-04-01 to 2019-06-30	-500,410	USD	91
2018-04-01 to 2018-06-30	-1,622,321	USD	91

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
2019-04-01 to 2019-06-30	745,975	USD	91
2018-04-01 to 2018-06-30	3,495,669	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
2019-04-01 to 2019-06-30	-126,579	USD	91
2018-04-01 to 2018-06-30	247,306	USD	91

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
2019-04-01 to 2019-06-30	892,419	USD	91
2018-04-01 to 2018-06-30	363,901	USD	91

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
2019-04-01 to 2019-06-30	-603,190	USD	91
2018-04-01 to 2018-06-30	-118,669	USD	91

Inspect the source

Entity: GB SCIENCES INC / CIK 0001165320
Captured: 2026-09-21T17:18:52.310Z
SEC response SHA-256: 12b1d1f0b357f0e2b89807866d8015ff01521dc77cf9434cd2743e05e167f8a9

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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/0001165320.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"])))