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PROFIRE ENERGY, INC.: 10-Q filed 2022-11-02

What PROFIRE ENERGY, INC. reported in its quarterly report filed 2022-11-02 (fiscal Q3 2022): 47 published measures, 137 facts as tagged in accession 0001289636-22-000031.

This filing

Form
10-Q (quarterly report)
Filed
2022-11-02
Fiscal period
fiscal Q3 2022
Accession
0001289636-22-000031 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 PROFIRE ENERGY, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2022-09-3050,818,027USD
At 2021-12-3148,038,122USD

Total liabilities

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

PeriodValueUnitDays
At 2022-09-306,349,650USD
At 2021-12-313,897,139USD

Stockholders equity

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

PeriodValueUnitDays
At 2022-09-3044,468,377USD
At 2022-06-3043,823,162USD
At 2022-03-3144,277,306USD
At 2021-12-3144,140,983USD
At 2021-09-3044,966,618USD
At 2021-06-3045,013,664USD
At 2021-03-3145,000,932USD
At 2020-12-3145,372,386USD

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.

PeriodValueUnitDays
At 2022-09-305,639,865USD
At 2021-12-318,188,270USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2022-07-01 to 2022-09-301,210,748USD92
2022-01-01 to 2022-09-302,122,738USD273
2022-04-01 to 2022-06-30284,829USD91
2022-01-01 to 2022-03-31627,161USD90
2021-07-01 to 2021-09-3092,246USD92
2021-01-01 to 2021-09-30-906,420USD273
2021-04-01 to 2021-06-30-397,166USD91
2021-01-01 to 2021-03-31-601,500USD90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2022-01-01 to 2022-09-30-1,196,632USD273
2021-01-01 to 2021-09-30957,821USD273

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2022-01-01 to 2022-09-30370,791USD273
2021-01-01 to 2021-09-30138,562USD273

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.

PeriodValueUnitDays
2022-07-01 to 2022-09-3012,829,338USD92
2022-01-01 to 2022-09-3031,965,625USD273
2021-07-01 to 2021-09-306,943,198USD92
2021-01-01 to 2021-09-3018,069,830USD273

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2022-01-01 to 2022-09-30-1,320,594USD273
2021-01-01 to 2021-09-30-72,067USD273

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2022-01-01 to 2022-09-3045,412USD273
2021-01-01 to 2021-09-30-918,981USD273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2022-09-3023,600,667USD
At 2021-12-3121,477,929USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2022-07-01 to 2022-09-3047,036,012shares92
2022-01-01 to 2022-09-3047,201,611shares273
2021-07-01 to 2021-09-3048,239,236shares92
2021-01-01 to 2021-09-3048,095,404shares273

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.

PeriodValueUnitDays
2022-07-01 to 2022-09-3048,558,207shares92
2022-01-01 to 2022-09-3048,761,346shares273
2021-07-01 to 2021-09-3049,328,808shares92
2021-01-01 to 2021-09-3048,095,404shares273

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.

PeriodValueUnitDays
2022-07-01 to 2022-09-300.03USD/shares92
2022-01-01 to 2022-09-300.04USD/shares273
2021-07-01 to 2021-09-300USD/shares92
2021-01-01 to 2021-09-30-0.02USD/shares273

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.

PeriodValueUnitDays
2022-07-01 to 2022-09-300.02USD/shares92
2022-01-01 to 2022-09-300.04USD/shares273
2021-07-01 to 2021-09-300USD/shares92
2021-01-01 to 2021-09-30-0.02USD/shares273

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2022-07-01 to 2022-09-30958,300USD92
2022-01-01 to 2022-09-301,145,919USD273
2021-07-01 to 2021-09-30-348,767USD92
2021-01-01 to 2021-09-30-582,000USD273

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.

PeriodValueUnitDays
At 2022-09-3010,374,126USD
At 2021-12-3111,185,539USD

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.

PeriodValueUnitDays
2022-07-01 to 2022-09-302,117,893USD92
2022-01-01 to 2022-09-302,901,695USD273
2021-07-01 to 2021-09-30-318,289USD92
2021-01-01 to 2021-09-30-1,716,951USD273

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.

PeriodValueUnitDays
At 2022-09-3028,289,147USD
At 2021-12-3124,235,721USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2022-09-305,788,861USD
At 2021-12-313,725,121USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2022-09-302,008,126USD
At 2021-12-311,822,559USD

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.

PeriodValueUnitDays
At 2022-09-302,579,381USD
At 2021-12-312,579,381USD

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.

PeriodValueUnitDays
At 2022-09-301,312,660USD
At 2021-12-311,549,138USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2022-09-308,933,905USD
At 2021-12-316,262,799USD

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.

PeriodValueUnitDays
2022-01-01 to 2022-09-301,228,731USD273
2021-01-01 to 2021-09-300USD273

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.

PeriodValueUnitDays
2022-07-01 to 2022-09-304,000,983USD92
2022-01-01 to 2022-09-3012,177,030USD273
2021-07-01 to 2021-09-303,437,757USD92
2021-01-01 to 2021-09-309,668,838USD273

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2022-09-3010,205,207USD
At 2021-12-317,185,248USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2022-07-01 to 2022-09-306,118,876USD92
2022-01-01 to 2022-09-3015,078,725USD273
2021-07-01 to 2021-09-303,119,468USD92
2021-01-01 to 2021-09-307,951,887USD273

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.

PeriodValueUnitDays
2022-07-01 to 2022-09-30435,059USD92
2022-01-01 to 2022-09-301,105,571USD273
2021-07-01 to 2021-09-30290,657USD92
2021-01-01 to 2021-09-30848,993USD273

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.

PeriodValueUnitDays
At 2022-09-3047,040,153shares
At 2021-12-3147,643,233shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2022-09-305,639,865USD
At 2021-12-318,188,270USD
At 2021-09-309,129,416USD
At 2020-12-319,148,312USD

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.

PeriodValueUnitDays
At 2022-09-3031,570,226USD
At 2021-12-3130,819,394USD

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.

PeriodValueUnitDays
At 2022-09-30-3,418,272USD
At 2021-12-31-2,100,467USD

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.

PeriodValueUnitDays
At 2022-09-3042,473USD

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.

PeriodValueUnitDays
At 2022-09-303,157,221USD
At 2021-12-311,872,348USD

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.

PeriodValueUnitDays
At 2022-09-302,642,512USD
At 2021-12-311,025,276USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2022-09-30328,744USD
At 2021-12-31817USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

PeriodValueUnitDays
At 2022-09-30480,105USD
At 2021-12-31136,106USD

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.

PeriodValueUnitDays
2022-07-01 to 2022-09-302,169,048USD92
2022-01-01 to 2022-09-303,268,657USD273
2021-07-01 to 2021-09-30-256,521USD92
2021-01-01 to 2021-09-30-1,488,420USD273

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.

PeriodValueUnitDays
2022-07-01 to 2022-09-30446,664USD92
2022-01-01 to 2022-09-30804,933USD273
2021-07-01 to 2021-09-30-192,473USD92
2021-01-01 to 2021-09-30-840,493USD273

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.

PeriodValueUnitDays
2022-07-01 to 2022-09-303,413,048USD92
2022-01-01 to 2022-09-3010,591,986USD273
2021-07-01 to 2021-09-302,980,945USD92
2021-01-01 to 2021-09-308,319,353USD273

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2022-01-01 to 2022-09-30831,036USD273
2021-01-01 to 2021-09-30971,712USD273

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.

PeriodValueUnitDays
2022-07-01 to 2022-09-30-6,839USD92
2022-01-01 to 2022-09-30-43,567USD273
2021-07-01 to 2021-09-30-2,984USD92
2021-01-01 to 2021-09-301,755USD273

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.

PeriodValueUnitDays
2022-07-01 to 2022-09-3051,155USD92
2022-01-01 to 2022-09-30366,962USD273
2021-07-01 to 2021-09-3061,768USD92
2021-01-01 to 2021-09-30228,531USD273

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.

PeriodValueUnitDays
2022-01-01 to 2022-09-302,331USD273
2021-01-01 to 2021-09-302,689USD273

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.

PeriodValueUnitDays
2022-01-01 to 2022-09-302,620,155USD273
2021-01-01 to 2021-09-30904,325USD273

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.

PeriodValueUnitDays
2022-01-01 to 2022-09-303,190,546USD273
2021-01-01 to 2021-09-30-946,865USD273

Inspect the source

Entity
PROFIRE ENERGY, INC. / CIK 0001289636
Captured
2026-09-21T17:19:01.867Z
SEC response SHA-256
8524997cf4121ae0175a882246dde55a6b3d39d5e0016b7b52185d64fd3fcdfe

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/0001289636.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"])))