InsPro Technologies Corp: 10-Q filed 2011-08-15
What InsPro Technologies Corp reported in its quarterly report filed 2011-08-15 (fiscal Q2 2011): 28 published measures, 72 facts as tagged in accession 0001144204-11-047365.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2011-08-15
- Fiscal period
- fiscal Q2 2011
- Accession
- 0001144204-11-047365 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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | 7,044,918 | USD | |
| At 2010-12-31 | 7,833,820 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | 1,343,434 | USD | |
| At 2010-12-31 | 1,810,769 | 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 2011-06-30 | 4,704,418 | USD | |
| At 2010-12-31 | 4,429,026 | USD | |
| At 2010-06-30 | 586,049 | USD | |
| At 2009-12-31 | 1,403,653 | 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 |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | -541,382 | USD | 91 |
| 2011-01-01 to 2011-06-30 | -513,740 | USD | 181 |
| 2010-04-01 to 2010-06-30 | -1,764,936 | USD | 91 |
| 2010-01-01 to 2010-06-30 | -1,767,889 | USD | 181 |
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 |
|---|---|---|---|
| 2011-01-01 to 2011-06-30 | -726,855 | USD | 181 |
| 2010-01-01 to 2010-06-30 | -2,903,047 | 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 |
|---|---|---|---|
| 2011-01-01 to 2011-06-30 | 74,661 | USD | 181 |
| 2010-01-01 to 2010-06-30 | 169,172 | 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 |
|---|---|---|---|
| 2011-01-01 to 2011-06-30 | 1,076,907 | USD | 181 |
| 2010-01-01 to 2010-06-30 | 2,254,615 | 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 |
|---|---|---|---|
| 2011-01-01 to 2011-06-30 | -74,661 | USD | 181 |
| 2010-01-01 to 2010-06-30 | -169,172 | 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 2011-06-30 | -43,800,238 | USD | |
| At 2010-12-31 | -43,286,498 | 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 2011-06-30 | 506,857 | USD | |
| At 2010-12-31 | 613,618 | USD |
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 |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | -1,382,000 | USD | 91 |
| 2011-01-01 to 2011-06-30 | -1,883,708 | USD | 181 |
| 2010-04-01 to 2010-06-30 | -1,406,198 | USD | 91 |
| 2010-01-01 to 2010-06-30 | -3,366,489 | 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 2011-06-30 | 6,014,035 | USD | |
| At 2010-12-31 | 5,368,286 | 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 |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | 6,236 | USD | 91 |
| 2011-01-01 to 2011-06-30 | 13,501 | USD | 181 |
| 2010-04-01 to 2010-06-30 | 45,941 | USD | 91 |
| 2010-01-01 to 2010-06-30 | 96,311 | USD | 181 |
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 2011-06-30 | 2,486,080 | USD | |
| At 2010-12-31 | 1,827,099 | 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 2011-06-30 | 839,770 | USD | |
| At 2010-12-31 | 918,972 | 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 2011-06-30 | 855,279 | USD | |
| At 2010-12-31 | 709,503 | 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 |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | -195,461 | USD | 91 |
| 2011-01-01 to 2011-06-30 | 488,547 | USD | 181 |
| 2010-04-01 to 2010-06-30 | -175,922 | USD | 91 |
| 2010-01-01 to 2010-06-30 | -684,695 | USD | 181 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | 1,788,813 | USD | 91 |
| 2011-01-01 to 2011-06-30 | 3,447,674 | USD | 181 |
| 2010-04-01 to 2010-06-30 | 1,637,464 | USD | 91 |
| 2010-01-01 to 2010-06-30 | 3,395,872 | USD | 181 |
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 |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | 1,186,539 | USD | 91 |
| 2011-01-01 to 2011-06-30 | 2,372,255 | USD | 181 |
| 2010-04-01 to 2010-06-30 | 1,230,276 | USD | 91 |
| 2010-01-01 to 2010-06-30 | 2,681,794 | 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 | Days |
|---|---|---|---|
| At 2011-06-30 | 41,543,655 | shares | |
| At 2010-12-31 | 41,543,655 | 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 2011-06-30 | 36,810,421 | USD | |
| At 2010-12-31 | 36,764,016 | 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 2011-06-30 | 433,418 | USD | |
| At 2010-12-31 | 606,785 | 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 2011-06-30 | 90,608 | USD | |
| At 2010-12-31 | 92,558 | 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 2011-06-30 | 439,102 | USD | |
| At 2010-12-31 | 346,808 | USD |
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 |
|---|---|---|---|
| 2011-01-01 to 2011-06-30 | 354,788 | USD | 181 |
| 2010-01-01 to 2010-06-30 | 473,484 | 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 |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | 620,133 | USD | 91 |
| 2011-01-01 to 2011-06-30 | 930,463 | USD | 181 |
| 2010-04-01 to 2010-06-30 | -1,058,942 | USD | 91 |
| 2010-01-01 to 2010-06-30 | -132,759 | 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 |
|---|---|---|---|
| 2011-01-01 to 2011-06-30 | 145,776 | USD | 181 |
| 2010-01-01 to 2010-06-30 | -187,024 | 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 |
|---|---|---|---|
| 2011-01-01 to 2011-06-30 | -79,202 | USD | 181 |
| 2010-01-01 to 2010-06-30 | 245,672 | USD | 181 |
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
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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"])))