SmartPros Ltd.: 10-Q filed 2014-11-04
What SmartPros Ltd. reported in its quarterly report filed 2014-11-04 (fiscal Q3 2014): 36 published measures, 98 facts as tagged in accession 0001289863-14-000018.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2014-11-04
- Fiscal period
- fiscal Q3 2014
- Accession
- 0001289863-14-000018 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 SmartPros Ltd. 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 2014-09-30 | 13,537,163 | USD | |
| At 2013-12-31 | 15,671,541 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2014-09-30 | 8,223,777 | USD | |
| At 2013-12-31 | 9,697,623 | 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 2014-09-30 | 3,874,708 | USD | |
| At 2013-12-31 | 5,303,657 | USD | |
| At 2013-09-30 | 5,134,976 | USD | |
| At 2012-12-31 | 4,918,543 | 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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | -632,055 | USD | 92 |
| 2014-01-01 to 2014-09-30 | -1,249,610 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 9,072 | USD | 92 |
| 2013-01-01 to 2013-09-30 | -279,102 | 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 |
|---|---|---|---|
| 2014-01-01 to 2014-09-30 | -438,389 | USD | 273 |
| 2013-01-01 to 2013-09-30 | 823,193 | 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 |
|---|---|---|---|
| 2014-01-01 to 2014-09-30 | 76,536 | USD | 273 |
| 2013-01-01 to 2013-09-30 | 187,592 | 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 |
|---|---|---|---|
| 2014-01-01 to 2014-09-30 | -262,291 | USD | 273 |
| 2013-01-01 to 2013-09-30 | -315,502 | 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 |
|---|---|---|---|
| 2014-01-01 to 2014-09-30 | -728,269 | USD | 273 |
| 2013-01-01 to 2013-09-30 | -291,258 | 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 2014-09-30 | -6,083,830 | USD | |
| At 2013-12-31 | -4,834,220 | 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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 4,675,092 | shares | 92 |
| 2014-01-01 to 2014-09-30 | 4,681,325 | shares | 273 |
| 2013-07-01 to 2013-09-30 | 4,683,821 | shares | 92 |
| 2013-01-01 to 2013-09-30 | 4,695,557 | shares | 273 |
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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 4,675,092 | shares | 92 |
| 2014-01-01 to 2014-09-30 | 4,681,325 | shares | 273 |
| 2013-07-01 to 2013-09-30 | 4,689,589 | shares | 92 |
| 2013-01-01 to 2013-09-30 | 4,695,557 | 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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | -0.14 | USD/shares | 92 |
| 2014-01-01 to 2014-09-30 | -0.27 | USD/shares | 273 |
| 2013-07-01 to 2013-09-30 | 0 | USD/shares | 92 |
| 2013-01-01 to 2013-09-30 | -0.06 | USD/shares | 273 |
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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | -0.14 | USD/shares | 92 |
| 2014-01-01 to 2014-09-30 | -0.27 | USD/shares | 273 |
| 2013-07-01 to 2013-09-30 | 0 | USD/shares | 92 |
| 2013-01-01 to 2013-09-30 | -0.06 | USD/shares | 273 |
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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 232,216 | USD | 92 |
| 2014-01-01 to 2014-09-30 | -13,615 | USD | 273 |
| 2014-01-01 to 2014-06-30 | 250,000 | USD | 181 |
| 2013-07-01 to 2013-09-30 | -1,035 | USD | 92 |
| 2013-01-01 to 2013-09-30 | -178,007 | USD | 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 2014-09-30 | 461,242 | USD | |
| At 2013-12-31 | 566,475 | 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 |
|---|---|---|---|
| 2014-01-01 to 2014-09-30 | 37,644 | USD | 273 |
| 2013-01-01 to 2013-09-30 | 78,409 | USD | 273 |
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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | -404,477 | USD | 92 |
| 2014-01-01 to 2014-09-30 | -1,278,951 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 404 | USD | 92 |
| 2013-01-01 to 2013-09-30 | -470,991 | 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 2014-09-30 | 6,013,171 | USD | |
| At 2013-12-31 | 8,074,615 | USD |
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 2014-09-30 | 5,246,212 | USD | |
| At 2013-12-31 | 5,903,540 | 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 2014-09-30 | 685,580 | USD | |
| At 2013-12-31 | 1,203,222 | 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 2014-09-30 | 2,807,257 | USD | |
| At 2013-12-31 | 2,807,257 | 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 2014-09-30 | 1,705,072 | USD | |
| At 2013-12-31 | 2,430,495 | 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 |
|---|---|---|---|
| 2014-01-01 to 2014-09-30 | 51,468 | USD | 273 |
| 2013-01-01 to 2013-09-30 | 116,107 | USD | 273 |
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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 1,939,514 | USD | 92 |
| 2014-01-01 to 2014-09-30 | 6,288,777 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 2,147,258 | USD | 92 |
| 2013-01-01 to 2013-09-30 | 6,882,101 | USD | 273 |
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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 1,535,037 | USD | 92 |
| 2014-01-01 to 2014-09-30 | 5,009,826 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 2,147,662 | USD | 92 |
| 2013-01-01 to 2013-09-30 | 6,411,110 | USD | 273 |
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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 1,667,623 | USD | 92 |
| 2014-01-01 to 2014-09-30 | 5,494,134 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 1,836,413 | USD | 92 |
| 2013-01-01 to 2013-09-30 | 6,026,968 | 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 2014-09-30 | 4,658,482 | shares | |
| At 2013-12-31 | 4,684,441 | 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 2014-09-30 | 17,044,240 | USD | |
| At 2013-12-31 | 17,217,008 | 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 2014-09-30 | 3,555,269 | USD | |
| At 2013-12-31 | 3,516,411 | 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 2014-09-30 | 99,152 | USD | |
| At 2013-12-31 | 104,515 | 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 2014-09-30 | 185,473 | USD | |
| At 2013-12-31 | 234,863 | 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 2014-09-30 | 433,391 | USD | |
| At 2013-12-31 | 340,463 | 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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | -399,839 | USD | 92 |
| 2014-01-01 to 2014-09-30 | -1,263,225 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 8,037 | USD | 92 |
| 2013-01-01 to 2013-09-30 | -457,109 | USD | 273 |
Depreciation, depletion and amortization
Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 271,891 | USD | 92 |
| 2014-01-01 to 2014-09-30 | 794,643 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 310,845 | USD | 92 |
| 2013-01-01 to 2013-09-30 | 855,133 | USD | 273 |
Current income tax expense or benefit
Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-01-01 to 2014-09-30 | -14,000 | 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 |
|---|---|---|---|
| 2014-01-01 to 2014-09-30 | -725,423 | USD | 273 |
| 2013-01-01 to 2013-09-30 | -639,873 | USD | 273 |
Inspect the source
- Entity
- SmartPros Ltd. / CIK 0001289863
- Captured
- SEC response SHA-256
a00d0cc89270097f289dd08aa02dc7be406324523c241036a3ad1e647a4f7f0f
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/0001289863.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"])))