Independence Bancshares, Inc.: 10-Q filed 2015-11-03

Name: Independence Bancshares, Inc.: 10-Q filed 2015-11-03
Creator: Independence Bancshares, Inc.

What Independence Bancshares, Inc. reported in its quarterly report filed 2015-11-03 (fiscal Q3 2015): 17 published measures, 48 facts as tagged in accession 0001206774-15-003393.

This filing

Form: 10-Q (quarterly report)
Filed: 2015-11-03
Fiscal period: fiscal Q3 2015
Accession: 0001206774-15-003393 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 Independence Bancshares, 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
At 2015-09-30	99,588,809	USD
At 2014-12-31	100,711,982	USD
At 2014-09-30	102,293,241	USD

Total liabilities

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

Period	Value	Unit	Days
At 2015-09-30	85,982,708	USD
At 2014-12-31	91,301,402	USD

Stockholders equity

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

Period	Value	Unit
At 2015-09-30	13,606,101	USD
At 2014-12-31	9,410,580	USD
At 2014-09-30	11,040,522	USD
At 2013-12-31	14,307,456	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
At 2015-09-30	17,527,191	USD
At 2014-12-31	10,904,080	USD
At 2014-09-30	10,236,282	USD
At 2013-12-31	14,421,955	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
2015-07-01 to 2015-09-30	-2,008,326	USD	92
2015-01-01 to 2015-09-30	-3,729,234	USD	273
2014-07-01 to 2014-09-30	-997,966	USD	92
2014-01-01 to 2014-09-30	-4,510,871	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
2015-01-01 to 2015-09-30	20,349	USD	273
2014-01-01 to 2014-09-30	75,740	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 2015-09-30	-29,648,987	USD
At 2014-12-31	-25,919,753	USD

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
2015-01-01 to 2015-09-30	5,080	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
At 2015-09-30	2,243,107	USD
At 2014-12-31	2,384,007	USD
At 2014-09-30	2,426,002	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
2015-07-01 to 2015-09-30	83,278	USD	92
2015-01-01 to 2015-09-30	251,551	USD	273
2014-07-01 to 2014-09-30	78,063	USD	92
2014-01-01 to 2014-09-30	224,227	USD	273

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
2015-07-01 to 2015-09-30	1,162,722	USD	92
2015-01-01 to 2015-09-30	2,091,892	USD	273
2014-07-01 to 2014-09-30	791,583	USD	92
2014-01-01 to 2014-09-30	3,296,012	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 2015-09-30	20,502,760	shares
At 2014-12-31	20,502,760	shares

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 2015-09-30	73,820	USD
At 2014-12-31	1,154	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
2015-07-01 to 2015-09-30	-2,008,326	USD	92
2015-01-01 to 2015-09-30	-3,724,154	USD	273
2014-07-01 to 2014-09-30	-997,966	USD	92
2014-01-01 to 2014-09-30	-4,510,871	USD	273

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
2015-07-01 to 2015-09-30	-1,794,209	USD	92
2015-01-01 to 2015-09-30	-3,656,568	USD	273
2014-07-01 to 2014-09-30	-824,014	USD	92
2014-01-01 to 2014-09-30	-3,595,621	USD	273

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.

Period	Value	Unit	Days
2015-01-01 to 2015-09-30	161,249	USD	273
2014-01-01 to 2014-09-30	162,554	USD	273

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.

Period	Value	Unit	Days
2015-01-01 to 2015-09-30	5,080	USD	273

Inspect the source

Entity: Independence Bancshares, Inc. / CIK 0001311828
Captured: 2026-09-23 02:49 UTC
SEC response SHA-256: fac759895211032ef08915fc6d9aa645a74c9911b14b987ba73a7e39000dfa8a

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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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001311828.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"])))