Grapefruit USA, Inc.: 10-Q filed 2022-11-18

Name: Grapefruit USA, Inc.: 10-Q filed 2022-11-18
Creator: Grapefruit USA, Inc.

What Grapefruit USA, Inc. reported in its quarterly report filed 2022-11-18 (fiscal Q3 2022): 41 published measures, 102 facts as tagged in accession 0001493152-22-032974.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-11-18
Fiscal period: fiscal Q3 2022
Accession: 0001493152-22-032974 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 Grapefruit USA, 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 2022-09-30	2,715,070	USD
At 2021-12-31	2,816,171	USD

Total liabilities

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

Period	Value	Unit	Days
At 2022-09-30	8,843,805	USD
At 2021-12-31	8,630,956	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2022-09-30	-6,121,601	USD
At 2021-12-31	-5,807,651	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 2022-09-30	23,583	USD
At 2021-12-31	9,095	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
2022-07-01 to 2022-09-30	-758,207	USD	92
2022-01-01 to 2022-09-30	-2,607,703	USD	273
2021-07-01 to 2021-09-30	-981,842	USD	92
2021-01-01 to 2021-09-30	-3,745,169	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
2022-01-01 to 2022-09-30	-317,552	USD	273
2021-01-01 to 2021-09-30	-998,581	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
2021-01-01 to 2021-09-30	62,319	USD	273

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	2,962	USD	92
2022-01-01 to 2022-09-30	32,673	USD	273
2021-07-01 to 2021-09-30	153,476	USD	92
2021-01-01 to 2021-09-30	586,780	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
2022-01-01 to 2022-09-30	332,040	USD	273
2021-01-01 to 2021-09-30	798,253	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
2021-01-01 to 2021-09-30	-62,250	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 2022-09-30	-19,433,867	USD
At 2021-12-31	-16,826,164	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
2022-07-01 to 2022-09-30	573,580,207	shares	92
2022-01-01 to 2022-09-30	589,362,360	shares	273
2021-07-01 to 2021-09-30	550,277,467	shares	92
2021-01-01 to 2021-09-30	515,339,023	shares	273

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	0	USD/shares	92
2022-01-01 to 2022-09-30	0	USD/shares	273
2021-01-01 to 2021-12-31	-0.01	USD/shares	365
2021-07-01 to 2021-09-30	0	USD/shares	92
2021-01-01 to 2021-09-30	-0.01	USD/shares	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 2022-09-30	1,710,639	USD
At 2021-12-31	1,769,627	USD

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
2022-07-01 to 2022-09-30	-402,630	USD	92
2022-01-01 to 2022-09-30	-1,574,747	USD	273
2021-07-01 to 2021-09-30	-607,716	USD	92
2021-01-01 to 2021-09-30	-1,687,628	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 2022-09-30	644,496	USD
At 2021-12-31	714,199	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
2022-01-01 to 2022-09-30	1,143,443	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 2022-09-30	7,913,321	USD
At 2021-12-31	7,703,573	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 2022-09-30	250,000	USD
At 2021-12-31	250,000	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 2022-09-30	22,977	USD
At 2021-12-31	278,422	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
2022-07-01 to 2022-09-30	342,834	USD	92
2022-01-01 to 2022-09-30	1,310,351	USD	273
2021-07-01 to 2021-09-30	415,119	USD	92
2021-01-01 to 2021-09-30	1,347,737	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 2022-09-30	337,504	USD
At 2021-12-31	389,282	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
2022-07-01 to 2022-09-30	-59,796	USD	92
2022-01-01 to 2022-09-30	-264,396	USD	273
2021-07-01 to 2021-09-30	-192,597	USD	92
2021-01-01 to 2021-09-30	-339,891	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 2022-09-30	606,791,549	shares
At 2021-12-31	557,162,744	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 2022-09-30	13,251,587	USD
At 2021-12-31	10,962,797	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 2022-09-30	-6,128,735	USD
At 2021-12-31	-5,814,785	USD
At 2021-09-30	-4,217,343	USD
At 2020-12-31	-4,679,747	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	Days
At 2022-09-30	102,475	USD
At 2021-12-31	74,886	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 2022-09-30	102,475	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 2022-09-30	322,510	USD
At 2021-12-31	263,522	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 2022-09-30	7,460	USD
At 2021-12-31	7,459	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
2022-07-01 to 2022-09-30	-758,207	USD	92
2022-01-01 to 2022-09-30	-2,607,703	USD	273
2021-07-01 to 2021-09-30	-982,112	USD	92
2021-01-01 to 2021-09-30	-3,745,439	USD	273

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
2022-07-01 to 2022-09-30	-758,207	USD	92
2022-01-01 to 2022-09-30	-2,607,703	USD	273
2021-07-01 to 2021-09-30	-982,112	USD	92
2021-01-01 to 2021-09-30	-3,745,439	USD	273

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
2022-01-01 to 2022-09-30	-2,607,703	USD	273
2021-01-01 to 2021-12-31	-5,504,670	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
2022-07-01 to 2022-09-30	341,662	USD	92
2022-01-01 to 2022-09-30	1,303,607	USD	273
2021-07-01 to 2021-09-30	411,319	USD	92
2021-01-01 to 2021-09-30	1,341,977	USD	273

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
2022-01-01 to 2022-09-30	58,988	USD	273
2021-01-01 to 2021-09-30	69,598	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
2022-07-01 to 2022-09-30	-355,576	USD	92
2022-01-01 to 2022-09-30	-1,032,955	USD	273
2021-07-01 to 2021-09-30	-374,396	USD	92
2021-01-01 to 2021-09-30	-2,057,811	USD	273

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2022-01-01 to 2022-09-30	80,551	USD	273
2021-01-01 to 2021-09-30	87,883	USD	273

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
2021-01-01 to 2021-09-30	75,000	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
2022-01-01 to 2022-09-30	-5,390	USD	273
2021-01-01 to 2021-09-30	261,452	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
2022-01-01 to 2022-09-30	17,163	USD	273
2021-01-01 to 2021-09-30	-91,434	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
2022-01-01 to 2022-09-30	128,613	USD	273
2021-01-01 to 2021-09-30	70,785	USD	273

Inspect the source

Entity: Grapefruit USA, Inc. / CIK 0001205181
Captured: 2026-09-22 19:42 UTC
SEC response SHA-256: 71e1931ef3b096df85aab100feb43553664ade8148dbae23eb03d1d559417fd7

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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print(record["policy"])
for concept in record["concepts"]:
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