MADISON TECHNOLOGIES, INC.: 10-Q filed 2022-11-14

Name: MADISON TECHNOLOGIES, INC.: 10-Q filed 2022-11-14
Creator: MADISON TECHNOLOGIES, INC.

What MADISON TECHNOLOGIES, INC. reported in its quarterly report filed 2022-11-14 (fiscal Q3 2022): 38 published measures, 99 facts as tagged in accession 0001493152-22-031539.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-11-14
Fiscal period: fiscal Q3 2022
Accession: 0001493152-22-031539 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 MADISON TECHNOLOGIES, 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	Days
At 2022-09-30	15,787,750	USD
At 2021-12-31	16,766,392	USD

Total liabilities

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

Period	Value	Unit	Days
At 2022-09-30	26,410,498	USD
At 2021-12-31	20,439,709	USD

Stockholders equity

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

Period	Value	Unit
At 2022-09-30	-10,624,096	USD
At 2021-12-31	-3,674,665	USD
At 2021-09-30	5,253,253	USD
At 2020-12-31	-157,900	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
2022-07-01 to 2022-09-30	-1,880,556	USD	92
2022-01-01 to 2022-09-30	-6,949,431	USD	273
2021-01-01 to 2021-12-31	14,262,579	USD	365
2021-07-01 to 2021-09-30	-2,405,292	USD	92
2021-01-01 to 2021-09-30	-4,961,892	USD	273

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
2022-01-01 to 2022-09-30	-1,342,369	USD	273
2021-01-01 to 2021-09-30	-4,182,398	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
2022-01-01 to 2022-09-30	97,609	USD	273
2021-01-01 to 2021-09-30	14,462,531	USD	273

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	485,497	USD	92
2022-01-01 to 2022-09-30	1,431,762	USD	273
2021-07-01 to 2021-09-30	464,028	USD	92
2021-01-01 to 2021-09-30	760,053	USD	273

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
2022-01-01 to 2022-09-30	1,452,000	USD	273
2021-01-01 to 2021-09-30	20,830,000	USD	273

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
2022-01-01 to 2022-09-30	-156,483	USD	273
2021-01-01 to 2021-09-30	-14,462,531	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 2022-09-30	-22,696,452	USD
At 2021-12-31	-15,747,021	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	1,599,095,027	shares	92
2022-01-01 to 2022-09-30	1,599,095,027	shares	273
2021-07-01 to 2021-09-30	24,972,565	shares	92
2021-01-01 to 2021-09-30	24,439,598	shares	273

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.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	-0.001	USD/shares	92
2022-01-01 to 2022-09-30	-0.004	USD/shares	273
2021-07-01 to 2021-09-30	-0.096	USD/shares	92
2021-01-01 to 2021-09-30	-0.203	USD/shares	273

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
2022-01-01 to 2022-09-30	-1,459,380	USD	273
2021-01-01 to 2021-09-30	-179,923	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	Days
At 2022-09-30	1,344,344	USD
At 2021-12-31	1,486,347	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
2022-07-01 to 2022-09-30	-369,848	USD	92
2022-01-01 to 2022-09-30	-2,431,015	USD	273
2021-07-01 to 2021-09-30	-510,434	USD	92
2021-01-01 to 2021-09-30	-1,791,586	USD	273

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 2022-09-30	901,216	USD
At 2021-12-31	1,682,318	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
2022-07-01 to 2022-09-30	1,520,742	USD	92
2022-01-01 to 2022-09-30	4,547,497	USD	273
2021-07-01 to 2021-09-30	1,927,580	USD	92
2021-01-01 to 2021-09-30	3,129,983	USD	273

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 2022-09-30	10,768,087	USD
At 2021-12-31	6,055,589	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 2022-09-30	1,151,618	USD
At 2021-12-31	659,219	USD

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.

Period	Value	Unit
At 2022-09-30	1,816,122	USD
At 2021-09-24	225,966	USD
At 2021-06-01	613,097	USD
At 2021-04-19	977,059	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2022-09-30	10,380,317	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 2022-09-30	103,536	USD
At 2021-12-31	167,800	USD

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.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	855,345	USD	92
2022-01-01 to 2022-09-30	3,862,777	USD	273
2021-07-01 to 2021-09-30	974,462	USD	92
2021-01-01 to 2021-09-30	2,551,639	USD	273

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
2022-07-01 to 2022-09-30	272,533	USD	92
2022-01-01 to 2022-09-30	753,378	USD	273
2021-07-01 to 2021-09-30	198,567	USD	92
2021-01-01 to 2021-09-30	433,025	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 2022-09-30	1,599,095,027	shares
At 2021-12-31	1,599,095,027	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 2022-09-30	10,473,261	USD
At 2021-12-31	10,473,261	USD

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.

Period	Value	Unit	Days
At 2022-09-30	1,320,650	USD
At 2021-12-31	1,400,980	USD

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.

Period	Value	Unit	Days
At 2022-09-30	1,466,584	USD

Gross property, plant and equipment

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

Period	Value	Unit	Days
At 2022-09-30	1,612,697	USD

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.

Period	Value	Unit	Days
At 2022-09-30	268,353	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 2022-09-30	12,221,439	USD
At 2021-12-31	12,196,646	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 2022-09-30	61,698	USD
At 2021-12-31	38,238	USD

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.

Period	Value	Unit	Days
2022-01-01 to 2022-09-30	-6,949,431	USD	273
2021-01-01 to 2021-09-30	-856,777	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
2022-07-01 to 2022-09-30	52,339	USD	92
2022-01-01 to 2022-09-30	156,517	USD	273
2021-07-01 to 2021-09-30	78,440	USD	92
2021-01-01 to 2021-09-30	66,065	USD	273

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	80,993	USD	92
2022-01-01 to 2022-09-30	242,481	USD	273
2021-07-01 to 2021-09-30	-57,437	USD	92
2021-01-01 to 2021-09-30	177,006	USD	273

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
2022-07-01 to 2022-09-30	-1,510,708	USD	92
2022-01-01 to 2022-09-30	-4,518,416	USD	273
2021-07-01 to 2021-09-30	-1,927,580	USD	92
2021-01-01 to 2021-09-30	-3,129,983	USD	273

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.

Period	Value	Unit	Days
2022-01-01 to 2022-09-30	529,786	USD	273
2021-01-01 to 2021-09-30	1,139,292	USD	273

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
2022-01-01 to 2022-09-30	-64,264	USD	273
2021-01-01 to 2021-09-30	136,500	USD	273

Inspect the source

Entity: MADISON TECHNOLOGIES, INC. / CIK 0001318268
Captured: 2026-09-20T07:51:52.449Z
SEC response SHA-256: 03fd0165b8dfd43759f0822a0253668170ce921c68e691abf75ab6b565c960dd

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