LUNA INNOVATIONS INC: 10-K filed 2018-03-21
What LUNA INNOVATIONS INC reported in its annual report filed 2018-03-21 (fiscal FY 2017): 48 published measures, 154 facts as tagged in accession 0001239819-18-000008.
This filing
- Form
- 10-K (annual report)
- Filed
- 2018-03-21
- Fiscal period
- fiscal FY 2017
- Accession
- 0001239819-18-000008 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 LUNA INNOVATIONS 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 2017-12-31 | 66,222,636 | USD | |
| At 2016-12-31 | 54,996,973 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-12-31 | 16,684,855 | USD | |
| At 2016-12-31 | 19,907,285 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-12-31 | 49,537,781 | USD | |
| At 2016-12-31 | 35,089,688 | USD | |
| At 2015-12-31 | 36,907,018 | 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 2017-12-31 | 36,981,533 | USD | |
| At 2016-12-31 | 12,802,458 | USD | |
| At 2015-12-31 | 17,464,040 | 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 |
|---|---|---|---|
| 2017-10-01 to 2017-12-31 | 435,000 | USD | 92 |
| 2017-01-01 to 2017-12-31 | 14,614,905 | USD | 365 |
| 2017-07-01 to 2017-09-30 | 15,757,000 | USD | 92 |
| 2017-04-01 to 2017-06-30 | -221,000 | USD | 91 |
| 2017-01-01 to 2017-03-31 | -1,356,000 | USD | 90 |
| 2016-10-01 to 2016-12-31 | 306,000 | USD | 92 |
| 2016-01-01 to 2016-12-31 | -2,369,492 | USD | 366 |
| 2016-07-01 to 2016-09-30 | -445,000 | USD | 92 |
| 2016-04-01 to 2016-06-30 | -770,000 | USD | 91 |
| 2016-01-01 to 2016-03-31 | -1,461,000 | 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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | 915,042 | USD | 365 |
| 2016-01-01 to 2016-12-31 | -399,837 | USD | 366 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | 1,352,531 | USD | 365 |
| 2016-01-01 to 2016-12-31 | 1,509,984 | USD | 366 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | -2,917,367 | USD | 365 |
| 2016-01-01 to 2016-12-31 | -2,261,561 | USD | 366 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | 26,181,400 | USD | 365 |
| 2016-01-01 to 2016-12-31 | -2,000,184 | USD | 366 |
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 2017-12-31 | -32,406,189 | USD | |
| At 2016-12-31 | -46,874,205 | 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 |
|---|---|---|---|
| 2017-10-01 to 2017-12-31 | 27,485,278 | shares | 92 |
| 2017-07-01 to 2017-09-30 | 27,692,539 | shares | 92 |
| 2017-04-01 to 2017-06-30 | 27,600,147 | shares | 91 |
| 2017-01-01 to 2017-03-31 | 27,541,356 | shares | 90 |
| 2016-10-01 to 2016-12-31 | 27,543,882 | shares | 92 |
| 2016-07-01 to 2016-09-30 | 27,605,028 | shares | 92 |
| 2016-04-01 to 2016-06-30 | 27,557,960 | shares | 91 |
| 2016-01-01 to 2016-03-31 | 27,477,181 | shares | 91 |
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 |
|---|---|---|---|
| 2017-10-01 to 2017-12-31 | 31,790,418 | shares | 92 |
| 2017-07-01 to 2017-09-30 | 32,714,389 | shares | 92 |
| 2017-04-01 to 2017-06-30 | 32,579,379 | shares | 91 |
| 2017-01-01 to 2017-03-31 | 27,541,356 | shares | 90 |
| 2016-10-01 to 2016-12-31 | 32,568,289 | shares | 92 |
| 2016-07-01 to 2016-09-30 | 27,605,028 | shares | 92 |
| 2016-04-01 to 2016-06-30 | 27,557,960 | shares | 91 |
| 2016-01-01 to 2016-03-31 | 27,477,181 | shares | 91 |
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 |
|---|---|---|---|
| 2017-10-01 to 2017-12-31 | 0.01 | USD/shares | 92 |
| 2017-07-01 to 2017-09-30 | 0.57 | USD/shares | 92 |
| 2017-04-01 to 2017-06-30 | -0.01 | USD/shares | 91 |
| 2017-01-01 to 2017-03-31 | -0.05 | USD/shares | 90 |
| 2016-10-01 to 2016-12-31 | 0.01 | USD/shares | 92 |
| 2016-07-01 to 2016-09-30 | -0.02 | USD/shares | 92 |
| 2016-04-01 to 2016-06-30 | -0.03 | USD/shares | 91 |
| 2016-01-01 to 2016-03-31 | -0.05 | USD/shares | 91 |
Diluted earnings per share
Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-10-01 to 2017-12-31 | 0.01 | USD/shares | 92 |
| 2017-07-01 to 2017-09-30 | 0.48 | USD/shares | 92 |
| 2017-04-01 to 2017-06-30 | -0.01 | USD/shares | 91 |
| 2017-01-01 to 2017-03-31 | -0.05 | USD/shares | 90 |
| 2016-10-01 to 2016-12-31 | 0.01 | USD/shares | 92 |
| 2016-07-01 to 2016-09-30 | -0.02 | USD/shares | 92 |
| 2016-04-01 to 2016-06-30 | -0.03 | USD/shares | 91 |
| 2016-01-01 to 2016-03-31 | -0.05 | USD/shares | 91 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | -295,753 | USD | 365 |
| 2016-01-01 to 2016-12-31 | -135,567 | USD | 366 |
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 2017-12-31 | 3,453,741 | USD | |
| At 2016-12-31 | 3,482,687 | 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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | 715,094 | USD | 365 |
| 2016-01-01 to 2016-12-31 | 860,215 | USD | 366 |
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 |
|---|---|---|---|
| 2017-10-01 to 2017-12-31 | 37,000 | USD | 92 |
| 2017-01-01 to 2017-12-31 | -111,354 | USD | 365 |
| 2017-07-01 to 2017-09-30 | 446,000 | USD | 92 |
| 2017-04-01 to 2017-06-30 | 180,000 | USD | 91 |
| 2017-01-01 to 2017-03-31 | -774,000 | USD | 90 |
| 2016-10-01 to 2016-12-31 | 454,000 | USD | 92 |
| 2016-01-01 to 2016-12-31 | -2,499,236 | USD | 366 |
| 2016-07-01 to 2016-09-30 | -271,000 | USD | 92 |
| 2016-04-01 to 2016-06-30 | -922,000 | USD | 91 |
| 2016-01-01 to 2016-03-31 | -1,760,000 | 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 2017-12-31 | 59,011,278 | USD | |
| At 2016-12-31 | 37,097,593 | 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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | 218,506 | USD | 365 |
| 2016-01-01 to 2016-12-31 | 319,334 | USD | 366 |
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 2017-12-31 | 14,826,135 | USD | |
| At 2016-12-31 | 15,968,356 | 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 2017-12-31 | 2,962,863 | USD | |
| At 2016-12-31 | 2,954,742 | 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 2017-12-31 | 502,000 | USD | |
| At 2016-12-31 | 502,000 | 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 2017-12-31 | 3,237,593 | USD | |
| At 2016-12-31 | 3,367,217 | 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 2017-12-31 | 9,857,009 | USD | |
| At 2016-12-31 | 10,269,012 | 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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | 1,131,759 | USD | 365 |
| 2016-01-01 to 2016-12-31 | 333,053 | USD | 366 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | 18,240,179 | USD | 365 |
| 2016-01-01 to 2016-12-31 | 18,303,936 | USD | 366 |
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 2017-12-31 | 6,951,110 | USD | |
| At 2016-12-31 | 6,848,835 | 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 |
|---|---|---|---|
| 2017-10-01 to 2017-12-31 | 5,352,000 | USD | 92 |
| 2017-01-01 to 2017-12-31 | 18,128,825 | USD | 365 |
| 2017-07-01 to 2017-09-30 | 4,533,000 | USD | 92 |
| 2017-04-01 to 2017-06-30 | 4,368,000 | USD | 91 |
| 2017-01-01 to 2017-03-31 | 3,876,000 | USD | 90 |
| 2016-10-01 to 2016-12-31 | 4,671,000 | USD | 92 |
| 2016-01-01 to 2016-12-31 | 15,804,700 | USD | 366 |
| 2016-07-01 to 2016-09-30 | 4,358,000 | USD | 92 |
| 2016-04-01 to 2016-06-30 | 3,628,000 | USD | 91 |
| 2016-01-01 to 2016-03-31 | 3,148,000 | 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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | 28,108,449 | USD | 365 |
| 2016-01-01 to 2016-12-31 | 26,063,069 | USD | 366 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | 14,770,986 | USD | 365 |
| 2016-01-01 to 2016-12-31 | 14,763,709 | USD | 366 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | 3,469,193 | USD | 365 |
| 2016-01-01 to 2016-12-31 | 3,540,227 | USD | 366 |
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 2017-12-31 | 27,283,918 | shares | |
| At 2016-12-31 | 27,541,277 | 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 2017-12-31 | 83,563,208 | USD | |
| At 2016-12-31 | 82,451,958 | USD |
Long-term debt
Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2017-12-31 | 2,458,333 | USD | |
| At 2016-12-31 | 4,291,667 | 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 2017-12-31 | 16,031,633 | USD | |
| At 2016-12-31 | 15,421,610 | 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 2017-12-31 | 12,577,892 | USD | |
| At 2016-12-31 | 11,938,923 | 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 2017-12-31 | 3,237,593 | USD | |
| At 2016-12-31 | 3,367,217 | 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 2017-12-31 | 18,024 | USD | |
| At 2016-12-31 | 38,194 | 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 2017-12-31 | 8,959,935 | USD | |
| At 2016-12-31 | 7,913,544 | 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 2017-12-31 | 1,220,650 | USD | |
| At 2016-12-31 | 1,375,659 | 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 |
|---|---|---|---|
| 2017-10-01 to 2017-12-31 | 386,000 | USD | 92 |
| 2017-01-01 to 2017-12-31 | 14,468,016 | USD | 365 |
| 2017-07-01 to 2017-09-30 | 15,723,000 | USD | 92 |
| 2017-04-01 to 2017-06-30 | -251,000 | USD | 91 |
| 2017-01-01 to 2017-03-31 | -1,390,000 | USD | 90 |
| 2016-10-01 to 2016-12-31 | 276,000 | USD | 92 |
| 2016-01-01 to 2016-12-31 | -2,474,750 | USD | 366 |
| 2016-07-01 to 2016-09-30 | -474,000 | USD | 92 |
| 2016-04-01 to 2016-06-30 | -796,000 | USD | 91 |
| 2016-01-01 to 2016-03-31 | -1,481,000 | 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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | 700,000 | USD | 365 |
| 2016-01-01 to 2016-12-31 | 800,000 | USD | 366 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | 500,000 | USD | 365 |
| 2016-01-01 to 2016-12-31 | 600,000 | USD | 366 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | -4,498 | USD | 365 |
| 2016-01-01 to 2016-12-31 | 13,071 | USD | 366 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | -223,004 | USD | 365 |
| 2016-01-01 to 2016-12-31 | -306,263 | USD | 366 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | -1,152,055 | USD | 365 |
| 2016-01-01 to 2016-12-31 | 3,568,761 | USD | 366 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-12-31 | 1,902,311 | USD | 365 |
| 2016-01-01 to 2016-12-31 | -492,932 | USD | 366 |
Inspect the source
- Entity
- LUNA INNOVATIONS INC / CIK 0001239819
- Captured
- SEC response SHA-256
cc278e98be686cc30000bb382d7d6aa4aff707c5d070087384d719cfb942d8ea
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.
Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.
Use this in research
A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.
These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.
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Read the published dataset with Python
import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0001239819.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"])))