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InsPro Technologies Corp: 10-Q filed 2019-11-12

What InsPro Technologies Corp reported in its quarterly report filed 2019-11-12 (fiscal Q3 2019): 42 published measures, 124 facts as tagged in accession 0001104659-19-062304.

This filing

Form
10-Q (quarterly report)
Filed
2019-11-12
Fiscal period
fiscal Q3 2019
Accession
0001104659-19-062304 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 InsPro Technologies Corp filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2019-09-309,231,462USD
At 2018-12-319,160,667USD

Total liabilities

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

PeriodValueUnitDays
At 2019-09-307,967,816USD
At 2018-12-316,291,620USD

Stockholders equity

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

PeriodValueUnitDays
At 2019-09-301,263,646USD
At 2019-06-301,429,456USD
At 2019-03-312,119,014USD
At 2018-12-312,869,047USD
At 2018-09-302,625,388USD
At 2018-06-302,077,325USD
At 2018-03-311,315,586USD
At 2017-12-31384,493USD

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 2019-09-304,390,641USD
At 2018-12-315,100,660USD

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
2019-07-01 to 2019-09-30-165,810USD92
2019-01-01 to 2019-09-30-1,611,651USD273
2019-04-01 to 2019-06-30-694,558USD91
2019-01-01 to 2019-03-31-751,283USD90
2018-07-01 to 2018-09-30479,814USD92
2018-01-01 to 2018-09-302,169,046USD273
2018-04-01 to 2018-06-30760,489USD91
2018-01-01 to 2018-03-31928,744USD90

Operating cash flow

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

PeriodValueUnitDays
2019-01-01 to 2019-09-301,938USD273
2018-01-01 to 2018-09-30376,846USD273

Capital expenditure payments

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

PeriodValueUnitDays
2019-01-01 to 2019-09-30125,292USD273
2018-01-01 to 2018-09-3091,410USD273

Financing cash flow

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

PeriodValueUnitDays
2019-01-01 to 2019-09-30-586,665USD273
2018-01-01 to 2018-09-30-115,528USD273

Investing cash flow

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

PeriodValueUnitDays
2019-01-01 to 2019-09-30-125,292USD273
2018-01-01 to 2018-09-30-91,410USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2019-09-30-64,163,470USD
At 2018-12-31-62,551,819USD

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
2019-07-01 to 2019-09-3041,673,655shares92
2019-01-01 to 2019-09-3041,673,655shares273
2018-07-01 to 2018-09-3041,543,655shares92
2018-01-01 to 2018-09-3041,543,655shares273

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
2019-07-01 to 2019-09-3041,673,655shares92
2019-01-01 to 2019-09-3041,673,655shares273
2018-07-01 to 2018-09-30198,306,395shares92
2018-01-01 to 2018-09-30198,306,395shares273

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
2019-07-01 to 2019-09-300USD/shares92
2019-01-01 to 2019-09-30-0.04USD/shares273
2018-07-01 to 2018-09-300.01USD/shares92
2018-01-01 to 2018-09-300.05USD/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
2019-07-01 to 2019-09-300USD/shares92
2019-01-01 to 2019-09-30-0.04USD/shares273
2018-07-01 to 2018-09-300USD/shares92
2018-01-01 to 2018-09-300.01USD/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
2019-07-01 to 2019-09-300USD92
2019-01-01 to 2019-09-300USD273
2018-07-01 to 2018-09-3067,000USD92
2018-01-01 to 2018-09-30138,000USD273

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 2019-09-301,607,187USD
At 2018-12-31594,767USD

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.

PeriodValueUnitDays
2019-01-01 to 2019-09-306,250USD273
2018-01-01 to 2018-09-304,849USD273

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
2019-07-01 to 2019-09-30-130,910USD92
2019-01-01 to 2019-09-30-1,514,748USD273
2018-07-01 to 2018-09-30555,457USD92
2018-01-01 to 2018-09-302,328,598USD273

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 2019-09-306,673,037USD
At 2018-12-318,565,900USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2019-07-01 to 2019-09-3034,900USD92
2019-01-01 to 2019-09-3096,903USD273
2018-07-01 to 2018-09-308,643USD92
2018-01-01 to 2018-09-3021,552USD273

Current liabilities

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

PeriodValueUnitDays
At 2019-09-306,680,475USD
At 2018-12-315,266,061USD

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 2019-09-30613,723USD
At 2018-12-311,213,758USD

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 2019-09-301,814,803USD
At 2018-12-313,146,597USD

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
2019-07-01 to 2019-09-30836,396USD92
2019-01-01 to 2019-09-301,849,494USD273
2018-07-01 to 2018-09-301,723,270USD92
2018-01-01 to 2018-09-305,906,719USD273

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.

PeriodValueUnitDays
2019-07-01 to 2019-09-302,668,047USD92
2019-01-01 to 2019-09-308,726,230USD273
2018-07-01 to 2018-09-303,588,365USD92
2018-01-01 to 2018-09-3010,676,513USD273

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.

PeriodValueUnitDays
2019-07-01 to 2019-09-30967,306USD92
2019-01-01 to 2019-09-303,364,242USD273
2018-07-01 to 2018-09-301,167,813USD92
2018-01-01 to 2018-09-303,578,121USD273

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 2019-09-3041,673,655shares
At 2018-12-3141,673,655shares

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 2019-09-304,390,641USD
At 2018-12-315,100,660USD
At 2018-09-305,187,447USD
At 2017-12-315,017,539USD

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 2019-09-3065,377,611USD
At 2018-12-3165,371,361USD

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 2019-09-30781,380USD
At 2018-12-310USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2019-09-306,876,766USD
At 2018-12-315,385,478USD

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.

PeriodValueUnitDays
At 2019-09-305,269,579USD
At 2018-12-314,790,711USD

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 2019-09-30533,496USD
At 2018-12-31905,531USD

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 2019-09-304,152,948USD
At 2018-12-312,850,976USD

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
2019-07-01 to 2019-09-30-165,810USD92
2019-01-01 to 2019-09-30-1,611,651USD273
2018-07-01 to 2018-09-30546,814USD92
2018-01-01 to 2018-09-302,307,046USD273

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2019-01-01 to 2019-09-30-1,611,651USD273
2018-01-01 to 2018-09-302,169,046USD273

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.

PeriodValueUnitDays
2019-07-01 to 2019-09-30190,925USD92
2019-01-01 to 2019-09-30478,607USD273
2018-07-01 to 2018-09-3072,106USD92
2018-01-01 to 2018-09-30192,369USD273

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
2019-07-01 to 2019-09-30-34,900USD92
2019-01-01 to 2019-09-30-96,903USD273
2018-07-01 to 2018-09-30-8,643USD92
2018-01-01 to 2018-09-30-21,552USD273

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
2019-01-01 to 2019-09-3096,903USD273
2018-01-01 to 2018-09-3021,552USD273

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2019-01-01 to 2019-09-30141,000USD273
2018-01-01 to 2018-09-30173,000USD273

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
2019-01-01 to 2019-09-30-1,331,794USD273
2018-01-01 to 2018-09-30738,048USD273

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.

PeriodValueUnitDays
2019-01-01 to 2019-09-30-600,035USD273
2018-01-01 to 2018-09-30-254,985USD273

Inspect the source

Entity
InsPro Technologies Corp / CIK 0001309442
Captured
SEC response SHA-256
05d98d454aa7aa4b162b1897314af9e752034c8bbd2c26e1168443d9eb285cd2

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/0001309442.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"])))