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The OLB Group, Inc.: 10-Q filed 2023-08-21

What The OLB Group, Inc. reported in its quarterly report filed 2023-08-21 (fiscal Q2 2023): 45 published measures, 126 facts as tagged in accession 0001213900-23-069099.

This filing

Form
10-Q (quarterly report)
Filed
2023-08-21
Fiscal period
fiscal Q2 2023
Accession
0001213900-23-069099 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 The OLB Group, Inc. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2023-06-3037,252,672USD
At 2022-12-3138,653,819USD

Total liabilities

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

PeriodValueUnitDays
At 2023-06-305,371,157USD
At 2022-12-314,016,042USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-06-3031,670,740USD
At 2022-12-3134,637,777USD

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 2023-06-30133,777USD
At 2022-12-31434,026USD

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
2023-04-01 to 2023-06-30-587,818USD91
2023-01-01 to 2023-06-30-3,203,223USD181
2022-04-01 to 2022-06-30-1,437,954USD91
2022-01-01 to 2022-06-30-2,893,550USD181

Operating cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-301,852,249USD181
2022-01-01 to 2022-06-30-483,320USD181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2023-04-01 to 2023-06-308,344,012USD91
2023-01-01 to 2023-06-3014,966,601USD181
2022-04-01 to 2022-06-308,372,435USD91
2022-01-01 to 2022-06-3017,158,894USD181

Financing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30-157,077USD181
2022-01-01 to 2022-06-30706,455USD181

Investing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30-1,995,421USD181
2022-01-01 to 2022-06-30-73,500USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-06-30-36,597,456USD
At 2022-12-31-33,394,233USD

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
2023-04-01 to 2023-06-3015,148,208shares91
2023-01-01 to 2023-06-3015,148,208shares181
2022-04-01 to 2022-06-3014,702,804shares91
2022-01-01 to 2022-06-3014,607,209shares181

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
2023-04-01 to 2023-06-3015,148,208shares91
2023-01-01 to 2023-06-3015,148,208shares181
2022-04-01 to 2022-06-3014,702,804shares91
2022-01-01 to 2022-06-3014,607,209shares181

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
2023-04-01 to 2023-06-30-0.04USD/shares91
2023-01-01 to 2023-06-30-0.22USD/shares181
2022-04-01 to 2022-06-30-0.11USD/shares91
2022-01-01 to 2022-06-30-0.22USD/shares181

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
2023-04-01 to 2023-06-30-0.04USD/shares91
2023-01-01 to 2023-06-30-0.22USD/shares181
2022-04-01 to 2022-06-30-0.11USD/shares91
2022-01-01 to 2022-06-30-0.22USD/shares181

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 2023-06-307,012,537USD
At 2022-12-317,325,212USD

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
2023-01-01 to 2023-06-30132,788USD181
2022-01-01 to 2022-06-30142,526USD181

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
2023-04-01 to 2023-06-30-631,736USD91
2023-01-01 to 2023-06-30-3,033,870USD181
2022-04-01 to 2022-06-30-1,831,122USD91
2022-01-01 to 2022-06-30-3,286,729USD181

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 2023-06-303,124,648USD
At 2022-12-313,388,271USD

Interest expense

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

PeriodValueUnitDays
2023-04-01 to 2023-06-30-48,683USD91
2023-01-01 to 2023-06-30279,242USD181

Current liabilities

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

PeriodValueUnitDays
At 2023-06-305,260,808USD
At 2022-12-313,618,227USD

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 2023-06-301,969,281USD
At 2022-12-31513,266USD

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.

PeriodValueUnitDays
At 2023-06-308,139,889USD
At 2022-12-316,858,216USD

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 2023-06-301,878,668USD
At 2022-12-311,083,169USD

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.

PeriodValueUnitDays
2023-04-01 to 2023-06-308,975,748USD91
2023-01-01 to 2023-06-3018,000,471USD181
2022-04-01 to 2022-06-3010,203,557USD91
2022-01-01 to 2022-06-3020,445,623USD181

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
2023-04-01 to 2023-06-30357,436USD91
2023-01-01 to 2023-06-30357,436USD181

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 2023-06-3015,217,905shares
At 2022-12-3115,081,542shares

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 2023-06-30133,777USD
At 2022-12-31434,026USD
At 2022-06-303,619,974USD
At 2021-12-313,470,339USD

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 2023-06-3068,376,653USD
At 2022-12-3168,140,480USD

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.

PeriodValueUnitDays
At 2023-06-3031,881,515USD
At 2023-03-3132,289,528USD
At 2022-12-3134,637,777USD
At 2022-06-3039,176,197USD
At 2022-03-3140,681,448USD
At 2021-12-3142,205,201USD

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 2023-06-3039,088USD
At 2022-12-31268,948USD

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.

PeriodValueUnitDays
At 2023-06-3034,453USD

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 2023-06-3012,975,868USD
At 2022-12-3111,689,109USD

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 2023-06-301,599,433USD
At 2022-06-301,594,250USD

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.

PeriodValueUnitDays
At 2023-06-30250,000USD
At 2022-12-31500,000USD

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 2023-06-30537,284USD
At 2022-12-31378,206USD

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
2023-04-01 to 2023-06-30-589,543USD91
2023-01-01 to 2023-06-30-3,204,948USD181
2022-04-01 to 2022-06-30-1,437,954USD91
2022-01-01 to 2022-06-30-2,893,550USD181

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
2023-04-01 to 2023-06-30-589,543USD91
2023-01-01 to 2023-06-30-3,204,948USD181
2023-01-01 to 2023-03-31-2,615,405USD90
2022-04-01 to 2022-06-30-1,437,954USD91
2022-01-01 to 2022-06-30-2,893,550USD181
2022-01-01 to 2022-03-31-1,455,596USD90

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-618,788USD91
2023-01-01 to 2023-06-30-3,264,823USD181
2022-04-01 to 2022-06-30-1,578,488USD91
2022-01-01 to 2022-06-30-3,173,074USD181

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.

PeriodValueUnitDays
2023-04-01 to 2023-06-30973,264USD91
2023-01-01 to 2023-06-302,161,309USD181
2022-04-01 to 2022-06-301,007,908USD91
2022-01-01 to 2022-06-302,243,225USD181

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
2023-04-01 to 2023-06-30799,716USD91
2023-01-01 to 2023-06-301,599,433USD181
2022-04-01 to 2022-06-30702,494USD91
2022-01-01 to 2022-06-301,594,250USD181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2023-01-01 to 2023-06-303,399,095USD181
2022-01-01 to 2022-06-303,334,499USD181

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2023-01-01 to 2023-06-30114,654USD181
2022-04-01 to 2022-06-30393,168USD91
2022-01-01 to 2022-06-30393,179USD181

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
2023-04-01 to 2023-06-3042,193USD91
2023-01-01 to 2023-06-30-171,078USD181
2022-04-01 to 2022-06-30393,168USD91
2022-01-01 to 2022-06-30393,179USD181

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
2023-01-01 to 2023-06-30795,499USD181
2022-01-01 to 2022-06-30-291,316USD181

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
2023-01-01 to 2023-06-301,172,389USD181
2022-01-01 to 2022-06-30202,739USD181

Inspect the source

Entity
The OLB Group, Inc. / CIK 0001314196
Captured
2026-09-20T07:51:35.297Z
SEC response SHA-256
d62da91a6e7e629a0350d858caa811c64c63490df1dff843ebcf84dd40340c64

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/0001314196.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"])))