Cornerworld Corp: 10-Q filed 2013-09-19
What Cornerworld Corp reported in its quarterly report filed 2013-09-19 (fiscal Q1 2014): 36 published measures, 75 facts as tagged in accession 0001161697-13-000693.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2013-09-19
- Fiscal period
- fiscal Q1 2014
- Accession
- 0001161697-13-000693 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 Cornerworld 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 2013-07-31 | 7,890,466 | USD | |
| At 2013-04-30 | 7,966,033 | USD | |
| At 2012-07-31 | 9,564,069 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2013-07-31 | 10,417,526 | USD | |
| At 2013-04-30 | 10,384,783 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2013-07-31 | -2,527,060 | USD | |
| At 2013-04-30 | -2,418,750 | 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 2013-07-31 | 1,340,888 | USD | |
| At 2013-04-30 | 1,150,880 | USD | |
| At 2012-07-31 | 356,882 | USD | |
| At 2012-04-30 | 890,415 | 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 |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | -115,445 | USD | 92 |
| 2012-05-01 to 2012-07-31 | -154,699 | USD | 92 |
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 |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | 192,030 | USD | 92 |
| 2012-05-01 to 2012-07-31 | 18,898 | USD | 92 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | 1,532,236 | USD | 92 |
| 2012-05-01 to 2012-07-31 | 2,175,067 | USD | 92 |
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 |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | -162 | USD | 92 |
| 2012-05-01 to 2012-07-31 | -552,431 | USD | 92 |
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 |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | -1,860 | USD | 92 |
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 2013-07-31 | -14,475,453 | USD | |
| At 2013-04-30 | -14,360,008 | 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 2013-07-31 | 46,838 | USD | |
| At 2013-04-30 | 64,900 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | 7,135 | USD | 92 |
| 2012-05-01 to 2012-07-31 | 41,509 | USD | 92 |
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 |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | 231,037 | USD | 92 |
| 2012-05-01 to 2012-07-31 | 357,397 | USD | 92 |
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 2013-07-31 | 2,209,361 | USD | |
| At 2013-04-30 | 1,877,409 | 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 |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | 346,480 | USD | 92 |
| 2012-05-01 to 2012-07-31 | 511,996 | USD | 92 |
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 2013-07-31 | 7,827,069 | USD | |
| At 2013-04-30 | 7,412,204 | 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 2013-07-31 | 1,291,450 | USD | |
| At 2013-04-30 | 1,300,310 | 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 | Days |
|---|---|---|---|
| At 2013-07-31 | 1,581,850 | USD | |
| At 2013-04-30 | 1,581,850 | USD | |
| At 2012-07-31 | 2,136,836 | 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 2013-07-31 | 4,024,385 | USD | |
| At 2013-04-30 | 4,413,842 | USD | |
| At 2012-07-31 | 5,582,213 | 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 2013-07-31 | 780,960 | USD | |
| At 2013-04-30 | 634,594 | 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 |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | 1,039,266 | USD | 92 |
| 2012-05-01 to 2012-07-31 | 1,392,694 | USD | 92 |
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 |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | 1,270,303 | USD | 92 |
| 2012-05-01 to 2012-07-31 | 1,750,091 | USD | 92 |
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 |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | 632,241 | USD | 92 |
| 2012-05-01 to 2012-07-31 | 981,942 | USD | 92 |
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 2013-07-31 | 157,313,704 | shares | |
| At 2013-04-30 | 157,313,704 | 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 2013-07-31 | 11,791,080 | USD | |
| At 2013-04-30 | 11,783,945 | USD |
Long-term debt
Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2013-07-31 | 7,533,189 | USD | |
| At 2013-04-30 | 7,533,189 | 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 2013-07-31 | 28,032 | USD | |
| At 2013-04-30 | 28,032 | 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 2013-07-31 | 879,087 | USD | |
| At 2013-04-30 | 867,350 | USD |
Prepaid expenses and other current assets
Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2013-07-31 | 87,513 | USD | |
| At 2013-04-30 | 91,935 | 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 |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | -115,445 | USD | 92 |
| 2012-05-01 to 2012-07-31 | -154,699 | USD | 92 |
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 |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | 407,025 | USD | 92 |
| 2012-05-01 to 2012-07-31 | 410,752 | USD | 92 |
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 |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | 389,457 | USD | 92 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | -2 | USD | 92 |
| 2012-05-01 to 2012-07-31 | -100 | USD | 92 |
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 |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | -346,482 | USD | 92 |
| 2012-05-01 to 2012-07-31 | -512,096 | USD | 92 |
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 |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | 175,999 | USD | 92 |
| 2012-05-01 to 2012-07-31 | 227,579 | USD | 92 |
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 |
|---|---|---|---|
| 2013-05-01 to 2013-07-31 | -8,860 | USD | 92 |
| 2012-05-01 to 2012-07-31 | -311,462 | USD | 92 |
Inspect the source
- Entity
- Cornerworld Corp / CIK 0001338242
- Captured
- SEC response SHA-256
f461d26b669e50b977df30d29f21572371c193fa016f6ee3920c85748e457e32
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.
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import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0001338242.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"])))