COUNTERPATH CORP: 10-K filed 2018-07-25

Name: COUNTERPATH CORP: 10-K filed 2018-07-25
Creator: COUNTERPATH CORP

What COUNTERPATH CORP reported in its annual report filed 2018-07-25 (fiscal FY 2018): 40 published measures, 85 facts as tagged in accession 0001062993-18-003013.

This filing

Form: 10-K (annual report)
Filed: 2018-07-25
Fiscal period: fiscal FY 2018
Accession: 0001062993-18-003013 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 COUNTERPATH CORP 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 2018-04-30	13,334,227	USD
At 2017-04-30	11,233,146	USD

Total liabilities

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

Period	Value	Unit	Days
At 2018-04-30	5,093,041	USD
At 2017-04-30	4,053,837	USD

Stockholders equity

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

Period	Value	Unit
At 2018-04-30	8,241,186	USD
At 2017-04-30	7,179,309	USD
At 2016-04-30	9,104,484	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 2018-04-30	2,348,883	USD
At 2017-04-30	2,071,019	USD
At 2016-04-30	2,159,738	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
2017-05-01 to 2018-04-30	-3,220,670	USD	365
2016-05-01 to 2017-04-30	-2,458,515	USD	365

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
2017-05-01 to 2018-04-30	-2,427,090	USD	365
2016-05-01 to 2017-04-30	-702,732	USD	365

Revenue

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

Period	Value	Unit	Days
2017-05-01 to 2018-04-30	12,381,741	USD	365
2016-05-01 to 2017-04-30	10,685,590	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
2017-05-01 to 2018-04-30	2,869,871	USD	365
2016-05-01 to 2017-04-30	766,015	USD	365

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
2017-05-01 to 2018-04-30	-125,113	USD	365
2016-05-01 to 2017-04-30	-128,241	USD	365

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 2018-04-30	-63,701,685	USD
At 2017-04-30	-60,481,015	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
2017-05-01 to 2018-04-30	5,496,201	shares	365
2016-05-01 to 2017-04-30	4,722,724	shares	365

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
2017-05-01 to 2018-04-30	0	shares	365
2016-05-01 to 2017-04-30	0	shares	365

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
2017-05-01 to 2018-04-30	0	USD	365
2016-05-01 to 2017-04-30	0	USD	365

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 2018-04-30	121,819	USD
At 2017-04-30	125,813	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
2017-05-01 to 2018-04-30	604,566	USD	365
2016-05-01 to 2017-04-30	835,918	USD	365

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
2017-05-01 to 2018-04-30	-2,793,770	USD	365
2016-05-01 to 2017-04-30	-2,953,617	USD	365

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 2018-04-30	6,049,138	USD
At 2017-04-30	4,375,341	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
2017-05-01 to 2018-04-30	364	USD	365
2016-05-01 to 2017-04-30	3,056	USD	365

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 2018-04-30	5,068,939	USD
At 2017-04-30	4,021,052	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 2018-04-30	6,843,575	USD
At 2017-04-30	6,440,955	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 2018-04-30	221,062	USD
At 2017-04-30	199,637	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 2018-04-30	3,509,010	USD
At 2017-04-30	2,133,469	USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

Period	Value	Unit	Days
2017-05-01 to 2018-04-30	33,119	USD	365
2016-05-01 to 2017-04-30	132,678	USD	365

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
2017-05-01 to 2018-04-30	15,175,511	USD	365
2016-05-01 to 2017-04-30	13,639,207	USD	365

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
2017-05-01 to 2018-04-30	1,629,814	USD	365
2016-05-01 to 2017-04-30	1,729,930	USD	365

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2017-05-01 to 2018-04-30	5,506,887	USD	365
2016-05-01 to 2017-04-30	4,843,813	USD	365

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 2018-04-30	5,930,468	shares
At 2017-04-30	5,005,245	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 2018-04-30	75,170,181	USD
At 2017-04-30	71,680,575	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2018-04-30	-3,233,241	USD
At 2017-04-30	-4,025,196	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 2018-04-30	2,785,619	USD
At 2017-04-30	2,553,046	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 2018-04-30	2,663,800	USD
At 2017-04-30	2,427,233	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 2018-04-30	221,062	USD
At 2017-04-30	199,637	USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

Period	Value	Unit	Days
At 2018-04-30	0	USD
At 2017-04-30	0	USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2017-05-01 to 2018-04-30	-2,428,715	USD	365
2016-05-01 to 2017-04-30	-3,541,071	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
2017-05-01 to 2018-04-30	3,883,678	USD	365
2016-05-01 to 2017-04-30	3,234,026	USD	365

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
2017-05-01 to 2018-04-30	6,337	USD	365
2016-05-01 to 2017-04-30	6,559	USD	365

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
2017-05-01 to 2018-04-30	3,500	USD	365
2016-05-01 to 2017-04-30	3,319	USD	365

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
2017-05-01 to 2018-04-30	-426,900	USD	365
2016-05-01 to 2017-04-30	495,102	USD	365

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
2017-05-01 to 2018-04-30	2,902,990	USD	365
2018-01-01 to 2018-01-24	1,714,275	USD	24
2017-07-01 to 2017-07-20	1,186,328	USD	20
2016-05-01 to 2017-04-30	898,693	USD	365
2016-12-01 to 2016-12-15	930,899	USD	15

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
2017-05-01 to 2018-04-30	1,375,552	USD	365
2016-05-01 to 2017-04-30	-1,075,810	USD	365

Inspect the source

Entity: COUNTERPATH CORP / CIK 0001236997
Captured: 2026-09-22 19:42 UTC
SEC response SHA-256: c04b3a8a3ce49d73c932e0f1be3bf6720f95ff9513400881c60e37bed7a1a66f

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/0001236997.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"])))