U S Precious Metals Inc: 10-Q filed 2014-10-14

Name: U S Precious Metals Inc: 10-Q filed 2014-10-14
Creator: U S Precious Metals Inc

What U S Precious Metals Inc reported in its quarterly report filed 2014-10-14 (fiscal Q1 2015): 20 published measures, 45 facts as tagged in accession 0001079973-14-000521.

This filing

Form: 10-Q (quarterly report)
Filed: 2014-10-14
Fiscal period: fiscal Q1 2015
Accession: 0001079973-14-000521 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 U S Precious Metals 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 2014-08-31	232,134	USD
At 2014-05-31	215,536	USD

Stockholders equity

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

Period	Value	Unit
At 2014-08-31	-4,692,697	USD
At 2014-05-31	-4,688,465	USD
At 2013-05-31	-3,651,073	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 2014-08-31	153,333	USD
At 2014-05-31	121,754	USD
At 2013-08-31	25,524	USD
At 2013-05-31	28,691	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
2014-06-01 to 2014-08-31	-1,639,756	USD	92
2013-06-01 to 2014-05-31	-20,567,110	USD	365
2013-06-01 to 2013-08-31	-656,955	USD	92

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 2014-08-31	-51,184,512	USD
At 2014-05-31	-49,544,756	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 2014-08-31	23,015	USD
At 2014-05-31	25,543	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
2014-06-01 to 2014-08-31	206,958	USD	92

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
2014-06-01 to 2014-08-31	-1,432,394	USD	92
2013-06-01 to 2013-08-31	-462,716	USD	92

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 2014-08-31	164,718	USD
At 2014-05-31	145,556	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
2014-06-01 to 2014-08-31	173,211	USD	92
2013-06-01 to 2013-08-31	146,331	USD	92

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 2014-08-31	4,924,831	USD
At 2014-05-31	4,719,855	USD

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
At 2014-08-31	154,186,035	shares
At 2014-05-31	143,748,746	shares
At 2014-02-28	135,259,321	shares
At 2014-01-31	135,259,321	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 2014-08-31	46,490,260	USD
At 2014-05-31	44,854,841	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 2014-08-31	134,392	USD
At 2014-05-31	134,392	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 2014-08-31	111,377	USD
At 2014-05-31	108,849	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 2014-08-31	11,385	USD
At 2014-05-31	23,802	USD

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
2014-06-01 to 2014-08-31	1,432,394	USD	92
2013-06-01 to 2013-08-31	462,716	USD	92

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
2014-06-01 to 2014-08-31	2,528	USD	92
2013-06-01 to 2013-08-31	2,528	USD	92

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
2014-06-01 to 2014-08-31	-207,362	USD	92
2013-06-01 to 2013-08-31	-194,239	USD	92

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
2014-06-01 to 2014-08-31	455,975	USD	92
2013-06-01 to 2013-08-31	190,000	USD	92

Inspect the source

Entity: U S Precious Metals Inc / CIK 0001286181
Captured: 2026-09-23 02:49 UTC
SEC response SHA-256: d7135f6b1ee464e1bf6e0689d200e97c0ac9265c74cf22292b44350980198396

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.

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Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001286181.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"])))