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InsPro Technologies Corp: 10-Q filed 2016-11-14

What InsPro Technologies Corp reported in its quarterly report filed 2016-11-14 (fiscal Q3 2016): 31 published measures, 79 facts as tagged in accession 0001571049-16-019852.

This filing

Form
10-Q (quarterly report)
Filed
2016-11-14
Fiscal period
fiscal Q3 2016
Accession
0001571049-16-019852 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 2016-09-307,000,656USD
At 2015-12-318,345,533USD

Total liabilities

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

PeriodValueUnitDays
At 2016-09-309,967,865USD
At 2015-12-3110,992,841USD

Stockholders equity

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

PeriodValueUnitDays
At 2016-09-30-2,967,209USD
At 2015-12-31-2,647,308USD

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 2016-09-302,791,900USD
At 2015-12-313,398,293USD
At 2015-09-301,968,421USD
At 2014-12-313,431,001USD

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
2016-07-01 to 2016-09-3056,313USD92
2016-01-01 to 2016-09-30-1,826,787USD274
2015-07-01 to 2015-09-30-394,447USD92
2015-01-01 to 2015-09-30-5,105,174USD273

Operating cash flow

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

PeriodValueUnitDays
2016-01-01 to 2016-09-30-307,569USD274
2015-01-01 to 2015-09-30-4,184,594USD273

Capital expenditure payments

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

PeriodValueUnitDays
2016-01-01 to 2016-09-3030,702USD274
2015-01-01 to 2015-09-30129,188USD273

Financing cash flow

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

PeriodValueUnitDays
2016-01-01 to 2016-09-30-268,122USD274
2015-01-01 to 2015-09-302,772,149USD273

Investing cash flow

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

PeriodValueUnitDays
2016-01-01 to 2016-09-30-30,702USD274
2015-01-01 to 2015-09-30-50,135USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2016-09-30-65,811,544USD
At 2015-12-31-63,984,757USD

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 2016-09-30635,518USD
At 2015-12-31747,937USD

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
2016-01-01 to 2016-09-30202,843USD274
2015-01-01 to 2015-09-30433,473USD273

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
2016-07-01 to 2016-09-3049,297USD92
2016-01-01 to 2016-09-30-1,861,838USD274
2015-07-01 to 2015-09-30-388,563USD92
2015-01-01 to 2015-09-30-5,118,499USD273

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 2016-09-306,365,138USD
At 2015-12-317,557,596USD

Interest expense

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

PeriodValueUnitDays
2016-07-01 to 2016-09-307,831USD92
2016-01-01 to 2016-09-3018,290USD274
2015-07-01 to 2015-09-3039,999USD92
2015-01-01 to 2015-09-30121,195USD273

Current liabilities

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

PeriodValueUnitDays
At 2016-09-308,281,607USD
At 2015-12-318,842,949USD

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 2016-09-304,750,794USD
At 2015-12-315,410,146USD

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 2016-09-303,244,562USD
At 2015-12-313,959,437USD

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
2016-07-01 to 2016-09-301,324,642USD92
2016-01-01 to 2016-09-302,319,589USD274
2015-07-01 to 2015-09-301,057,831USD92
2015-01-01 to 2015-09-30-636,613USD273

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
2016-07-01 to 2016-09-304,322,737USD92
2016-01-01 to 2016-09-3014,564,361USD274
2015-07-01 to 2015-09-305,324,024USD92
2015-01-01 to 2015-09-3016,339,394USD273

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
2016-07-01 to 2016-09-301,275,345USD92
2016-01-01 to 2016-09-304,181,427USD274
2015-07-01 to 2015-09-301,446,394USD92
2015-01-01 to 2015-09-304,481,886USD273

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 2016-09-3041,543,655shares
At 2015-12-3141,543,655shares

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 2016-09-3048,246,041USD
At 2015-12-3146,742,784USD

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 2016-09-304,858,973USD
At 2015-12-314,596,136USD

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 2016-09-304,223,455USD
At 2015-12-313,848,199USD

Other noncurrent assets

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

PeriodValueUnitDays
At 2015-12-3140,000USD

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 2016-09-30482,234USD
At 2015-12-31497,088USD

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
2016-07-01 to 2016-09-30121,642USD92
2016-01-01 to 2016-09-30375,256USD274
2015-07-01 to 2015-09-30119,627USD92
2015-01-01 to 2015-09-30474,535USD273

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
2016-07-01 to 2016-09-30-7,831USD92
2016-01-01 to 2016-09-30-18,290USD274
2015-07-01 to 2015-09-30-42,930USD92
2015-01-01 to 2015-09-30-103,457USD273

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
2016-01-01 to 2016-09-30-714,875USD274
2015-01-01 to 2015-09-304,287,860USD273

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
2016-01-01 to 2016-09-30-659,352USD274
2015-01-01 to 2015-09-301,298,909USD273

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.

Use this in research

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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"])))