Cornerworld Corp: 10-K filed 2014-07-24

Name: Cornerworld Corp: 10-K filed 2014-07-24
Creator: Cornerworld Corp

What Cornerworld Corp reported in its annual report filed 2014-07-24 (fiscal FY 2013): 41 published measures, 121 facts as tagged in accession 0001161697-14-000367.

This filing

Form: 10-K (annual report)
Filed: 2014-07-24
Fiscal period: fiscal FY 2013
Accession: 0001161697-14-000367 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
At 2013-12-31	1,177,661	USD
At 2013-04-30	7,966,033	USD
At 2012-12-31	9,642,171	USD
At 2012-04-30	10,384,652	USD

Total liabilities

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

Period	Value	Unit
At 2013-12-31	995,398	USD
At 2013-04-30	10,384,783	USD
At 2012-12-31	11,012,602	USD

Stockholders equity

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

Period	Value	Unit
At 2013-12-31	182,263	USD
At 2013-04-30	-2,418,750	USD
At 2012-12-31	-1,370,431	USD
At 2012-04-30	-2,685,503	USD
At 2011-04-30	-738,970	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 2013-12-31	857,954	USD
At 2013-04-30	1,150,880	USD
At 2012-12-31	1,415,260	USD
At 2012-04-30	890,415	USD
At 2011-04-30	934,250	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 2013-12-31	2,584,234	USD	245
2012-05-01 to 2013-04-30	-1,362,234	USD	365
2012-05-01 to 2012-12-31	-260,532	USD	245
2011-05-01 to 2012-04-30	-2,105,047	USD	366

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 2013-12-31	-579,232	USD	245
2012-05-01 to 2013-04-30	1,712,928	USD	365
2011-05-01 to 2012-04-30	734,700	USD	366

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
2011-05-01 to 2012-04-30	17,015	USD	366

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 2013-12-31	673,954	USD	245
2012-05-01 to 2013-04-30	1,925,734	USD	365
2012-05-01 to 2012-12-31	1,508,517	USD	245
2011-05-01 to 2012-04-30	4,538,714	USD	366

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 2013-12-31	-8,007,632	USD	245
2012-05-01 to 2013-04-30	-1,450,000	USD	365
2011-05-01 to 2012-04-30	-776,484	USD	366

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 2013-12-31	8,293,938	USD	245
2012-05-01 to 2013-04-30	-2,463	USD	365
2011-05-01 to 2012-04-30	-2,051	USD	366

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 2013-12-31	-11,775,774	USD
At 2013-04-30	-14,360,008	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
2013-05-01 to 2013-12-31	157,070,847	shares	245
2012-05-01 to 2013-04-30	152,390,521	shares	365
2012-05-01 to 2012-12-31	150,802,973	shares	245
2011-05-01 to 2012-04-30	147,324,142	shares	366

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.

Period	Value	Unit	Days
2013-05-01 to 2013-12-31	163,204,253	shares	245
2012-05-01 to 2013-04-30	152,390,521	shares	365
2012-05-01 to 2012-12-31	150,802,973	shares	245
2011-05-01 to 2012-04-30	147,324,142	shares	366

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
2013-05-01 to 2013-12-31	0.02	USD/shares	245
2012-05-01 to 2013-04-30	-0.01	USD/shares	365
2012-05-01 to 2012-12-31	0	USD/shares	245
2011-05-01 to 2012-04-30	-0.01	USD/shares	366

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.

Period	Value	Unit	Days
2013-05-01 to 2013-12-31	0.02	USD/shares	245
2012-05-01 to 2013-04-30	-0.01	USD/shares	365
2012-05-01 to 2012-12-31	0	USD/shares	245
2011-05-01 to 2012-04-30	-0.01	USD/shares	366

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 2013-12-31	19,486	USD
At 2013-04-30	53,551	USD
At 2012-12-31	83,582	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 2013-12-31	16,779	USD	245
2012-05-01 to 2013-04-30	164,071	USD	365
2011-05-01 to 2012-04-30	158,514	USD	366

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 2013-12-31	-457,545	USD	245
2012-05-01 to 2013-04-30	-1,970,827	USD	365
2012-05-01 to 2012-12-31	-1,175,935	USD	245
2011-05-01 to 2012-04-30	-2,499,324	USD	366

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 2013-12-31	1,130,175	USD
At 2013-04-30	7,884,450	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 2013-12-31	37,171	USD	245
2012-05-01 to 2013-04-30	237,371	USD	365
2011-05-01 to 2012-04-30	327,748	USD	366

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 2013-12-31	756,025	USD
At 2013-04-30	10,190,982	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 2013-12-31	225,064	USD
At 2013-04-30	949,732	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 2012-12-31	554,986	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 2013-12-31	119,904	USD
At 2013-04-30	117,440	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 2013-12-31	860,143	USD	245
2012-05-01 to 2013-04-30	3,174,163	USD	365
2012-05-01 to 2012-12-31	2,142,644	USD	245
2011-05-01 to 2012-04-30	5,117,206	USD	366

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 2013-12-31	402,598	USD	245
2012-05-01 to 2013-04-30	1,203,336	USD	365
2012-05-01 to 2012-12-31	966,709	USD	245
2011-05-01 to 2012-04-30	2,617,882	USD	366

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 2013-12-31	826,388	USD	245
2012-05-01 to 2013-04-30	3,102,555	USD	365
2011-05-01 to 2012-04-30	4,894,519	USD	366

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 2013-12-31	156,813,704	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 2013-12-31	11,801,224	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 2013-12-31	338,958	USD
At 2013-04-30	7,533,189	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 2013-12-31	412,120	USD
At 2013-04-30	425,063	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 2013-12-31	392,634	USD
At 2013-04-30	371,512	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 2013-12-31	28,000	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 2013-12-31	347,967	USD
At 2013-04-30	829,422	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 2013-12-31	152,317	USD
At 2013-04-30	79,761	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 2013-12-31	-742,877	USD	245
2012-05-01 to 2013-04-30	-2,763,284	USD	365
2011-05-01 to 2012-04-30	-2,745,244	USD	366

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 2013-12-31	33,755	USD	245
2012-05-01 to 2013-04-30	71,608	USD	365
2011-05-01 to 2012-04-30	222,687	USD	366

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 2013-12-31	-248,161	USD	245
2012-05-01 to 2013-04-30	-555,086	USD	365
2011-05-01 to 2012-04-30	81,828	USD	366

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 2013-12-31	-285,332	USD	245
2012-05-01 to 2013-04-30	-792,457	USD	365
2012-05-01 to 2012-12-31	-143,021	USD	245
2011-05-01 to 2012-04-30	-245,920	USD	366

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 2013-12-31	44,002	USD	245
2012-05-01 to 2013-04-30	-183,764	USD	365
2011-05-01 to 2012-04-30	-395,773	USD	366

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 2013-12-31	-724,668	USD	245
2012-05-01 to 2013-04-30	-339,413	USD	365
2011-05-01 to 2012-04-30	-1,109,528	USD	366

Inspect the source

Entity: Cornerworld Corp / CIK 0001338242
Captured: 2026-09-22 19:44 UTC
SEC response SHA-256: f461d26b669e50b977df30d29f21572371c193fa016f6ee3920c85748e457e32

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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"])))