LIQTECH INTERNATIONAL INC: 10-Q filed 2022-08-11

Name: LIQTECH INTERNATIONAL INC: 10-Q filed 2022-08-11
Creator: LIQTECH INTERNATIONAL INC

What LIQTECH INTERNATIONAL INC reported in its quarterly report filed 2022-08-11 (fiscal Q2 2022): 47 published measures, 126 facts as tagged in accession 0001437749-22-020136.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-08-11
Fiscal period: fiscal Q2 2022
Accession: 0001437749-22-020136 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 LIQTECH INTERNATIONAL 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 2022-06-30	45,520,916	USD
At 2021-12-31	45,054,692	USD

Total liabilities

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

Period	Value	Unit	Days
At 2022-06-30	18,451,523	USD
At 2021-12-31	32,279,832	USD

Stockholders equity

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

Period	Value	Unit
At 2022-06-30	27,069,393	USD
At 2022-03-31	8,851,323	USD
At 2021-12-31	12,774,860	USD
At 2021-06-30	19,076,554	USD
At 2021-03-31	21,149,753	USD
At 2020-12-31	24,818,315	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
2022-04-01 to 2022-06-30	-6,507,059	USD	91
2022-01-01 to 2022-06-30	-10,253,483	USD	181
2022-01-01 to 2022-03-31	-3,746,424	USD	90
2021-04-01 to 2021-06-30	-3,098,108	USD	91
2021-01-01 to 2021-06-30	-5,557,537	USD	181
2021-01-01 to 2021-03-31	-2,459,429	USD	90

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
2022-01-01 to 2022-06-30	-11,032,241	USD	181
2021-01-01 to 2021-06-30	-910,259	USD	181

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
2022-01-01 to 2022-06-30	229,865	USD	181
2021-01-01 to 2021-06-30	718,366	USD	181

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
2022-01-01 to 2022-06-30	13,473,839	USD	181
2021-01-01 to 2021-06-30	14,090,829	USD	181

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
2022-01-01 to 2022-06-30	-229,204	USD	181
2021-01-01 to 2021-06-30	-717,232	USD	181

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 2022-06-30	-63,435,411	USD
At 2021-12-31	-53,181,928	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
2022-04-01 to 2022-06-30	32,097,495	shares	91
2022-01-01 to 2022-06-30	26,753,663	shares	181
2021-04-01 to 2021-06-30	21,769,461	shares	91
2021-01-01 to 2021-06-30	21,723,578	shares	181

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
2022-04-01 to 2022-06-30	32,097,495	shares	91
2022-01-01 to 2022-06-30	26,753,663	shares	181
2021-04-01 to 2021-06-30	21,769,461	shares	91
2021-01-01 to 2021-06-30	21,723,578	shares	181

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
2022-04-01 to 2022-06-30	-0.2	USD/shares	91
2022-01-01 to 2022-06-30	-0.38	USD/shares	181
2021-04-01 to 2021-06-30	-0.14	USD/shares	91
2021-01-01 to 2021-06-30	-0.26	USD/shares	181

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
2022-04-01 to 2022-06-30	-14,037	USD	91
2022-01-01 to 2022-06-30	-28,981	USD	181
2021-04-01 to 2021-06-30	-15,493	USD	91
2021-01-01 to 2021-06-30	-31,959	USD	181

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 2022-06-30	7,209,565	USD
At 2021-12-31	8,858,993	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
2022-01-01 to 2022-06-30	400,250	USD	181
2021-01-01 to 2021-06-30	227,464	USD	181

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
2022-04-01 to 2022-06-30	-4,593,579	USD	91
2022-01-01 to 2022-06-30	-7,927,240	USD	181
2021-04-01 to 2021-06-30	-2,563,637	USD	91
2021-01-01 to 2021-06-30	-5,370,797	USD	181

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 2022-06-30	33,782,773	USD
At 2021-12-31	28,066,781	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 2022-06-30	7,897,964	USD
At 2021-12-31	16,867,523	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 2022-06-30	220,105	USD
At 2021-12-31	240,259	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 2022-06-30	2,420,968	USD
At 2021-12-31	1,957,579	USD

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
2022-04-01 to 2022-06-30	4,741,719	USD	91
2022-01-01 to 2022-06-30	8,320,921	USD	181
2021-04-01 to 2021-06-30	2,884,347	USD	91
2021-01-01 to 2021-06-30	5,806,122	USD	181

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 2022-06-30	5,445,413	USD
At 2021-12-31	5,421,027	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
2022-04-01 to 2022-06-30	148,140	USD	91
2022-01-01 to 2022-06-30	393,681	USD	181
2021-04-01 to 2021-06-30	320,710	USD	91
2021-01-01 to 2021-06-30	435,325	USD	181

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
2022-04-01 to 2022-06-30	490,836	USD	91
2022-01-01 to 2022-06-30	1,093,573	USD	181
2021-04-01 to 2021-06-30	434,629	USD	91
2021-01-01 to 2021-06-30	872,236	USD	181

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 2022-06-30	43,888,538	shares
At 2021-12-31	21,285,706	shares
At 2021-06-30	21,777,373	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 2022-06-30	96,406,781	USD
At 2021-12-31	70,910,902	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 2022-06-30	-5,945,865	USD
At 2021-12-31	-4,975,399	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit	Days
At 2022-06-30	27,069,393	USD
At 2021-12-31	12,774,860	USD

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.

Period	Value	Unit	Days
At 2022-06-30	3,468,258	USD
At 2021-12-31	6,925,807	USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

Period	Value	Unit	Days
At 2022-06-30	3,468,257	USD
At 2021-12-31	7,000,608	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 2022-06-30	7,950,015	USD
At 2021-12-31	7,554,803	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 2022-06-30	257,252	USD
At 2021-12-31	334,743	USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2022-06-30	0	USD
At 2021-12-31	346,939	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 2022-06-30	4,485,000	USD
At 2021-12-31	4,685,665	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 2022-06-30	3,434,607	USD
At 2021-12-31	1,292,285	USD

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.

Period	Value	Unit	Days
At 2022-06-30	595,150	USD
At 2021-12-31	914,828	USD

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.

Period	Value	Unit	Days
At 2022-06-30	178,389	USD
At 2021-12-31	224,779	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
2022-04-01 to 2022-06-30	-6,521,096	USD	91
2022-01-01 to 2022-06-30	-10,282,464	USD	181
2021-04-01 to 2021-06-30	-3,113,601	USD	91
2021-01-01 to 2021-06-30	-5,589,496	USD	181

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
2022-04-01 to 2022-06-30	-7,121,634	USD	91
2022-01-01 to 2022-06-30	-11,223,949	USD	181
2021-04-01 to 2021-06-30	-2,730,004	USD	91
2021-01-01 to 2021-06-30	-6,500,954	USD	181

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
2022-04-01 to 2022-06-30	1,265,543	USD	91
2022-01-01 to 2022-06-30	3,182,060	USD	181
2021-04-01 to 2021-06-30	1,247,132	USD	91
2021-01-01 to 2021-06-30	2,721,802	USD	181

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
2022-01-01 to 2022-06-30	1,683,679	USD	181
2021-01-01 to 2021-06-30	1,298,815	USD	181

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
2022-04-01 to 2022-06-30	-1,927,517	USD	91
2022-01-01 to 2022-06-30	-2,355,224	USD	181
2021-04-01 to 2021-06-30	-549,964	USD	91
2021-01-01 to 2021-06-30	-218,699	USD	181

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.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	444,297	USD	181
2021-01-01 to 2021-06-30	79,448	USD	181

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	546,530	USD	181

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
2022-01-01 to 2022-06-30	660,578	USD	181
2021-01-01 to 2021-06-30	-633,533	USD	181

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
2022-01-01 to 2022-06-30	504,315	USD	181
2021-01-01 to 2021-06-30	231,899	USD	181

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2022-01-01 to 2022-06-30	432,337	USD	181
2021-01-01 to 2021-06-30	-504,841	USD	181

Inspect the source

Entity: LIQTECH INTERNATIONAL INC / CIK 0001307579
Captured: 2026-09-20T07:50:58.762Z
SEC response SHA-256: da896b25bfe941f74cd9a5ea78249b09d831ab7ed1de9645bdb6f9e0c9b82e66

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
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with urlopen("https://canlicapital.com/company-data/0001307579.json") as response:
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print(record["policy"])
for concept in record["concepts"]:
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