MAX SOUND CORPORATION: 10-Q filed 2015-08-14
What MAX SOUND CORPORATION reported in its quarterly report filed 2015-08-14 (fiscal Q2 2015): 28 published measures, 63 facts as tagged in accession 0001353499-15-000024.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2015-08-14
- Fiscal period
- fiscal Q2 2015
- Accession
- 0001353499-15-000024 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 MAX SOUND CORPORATION 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 2015-06-30 | 17,571,534 | USD | |
| At 2014-12-31 | 18,171,385 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2015-06-30 | 11,513,296 | USD | |
| At 2014-12-31 | 12,557,802 | 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 2015-06-30 | 6,215 | USD | |
| At 2014-06-30 | 53,877 | 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 |
|---|---|---|---|
| 2015-04-01 to 2015-06-30 | -4,804,784 | USD | 91 |
| 2015-01-01 to 2015-06-30 | -4,804,748 | USD | 181 |
| 2014-04-01 to 2014-06-30 | 45,039 | USD | 91 |
| 2014-01-01 to 2014-06-30 | -4,144,749 | USD | 181 |
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 |
|---|---|---|---|
| 2015-04-01 to 2015-06-30 | -1,185,261 | USD | 91 |
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 2015-06-30 | 80,009 | USD | 181 |
| 2014-01-01 to 2014-06-30 | 14,979 | USD | 181 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 152 | USD | 91 |
| 2014-01-01 to 2014-06-30 | 1,388 | USD | 181 |
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 |
|---|---|---|---|
| 2015-01-01 to 2015-06-30 | 1,163,738 | USD | 181 |
| 2014-01-01 to 2014-06-30 | 1,868,660 | USD | 181 |
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 |
|---|---|---|---|
| 2015-01-01 to 2015-06-30 | -80,009 | USD | 181 |
| 2014-01-01 to 2014-06-30 | -564,979 | USD | 181 |
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 2015-06-30 | -41,941,093 | USD | |
| At 2014-12-31 | -37,136,345 | 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 2015-06-30 | 158,051 | USD | |
| At 2014-12-31 | 188,896 | 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 |
|---|---|---|---|
| 2015-04-01 to 2015-06-30 | -1,461,726 | USD | 91 |
| 2015-01-01 to 2015-06-30 | -2,682,790 | USD | 181 |
| 2014-04-01 to 2014-06-30 | -1,433,340 | USD | 91 |
| 2014-01-01 to 2014-06-30 | -2,863,456 | USD | 181 |
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 2015-06-30 | 89,655 | USD | |
| At 2014-12-31 | 131,481 | USD |
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 2015-06-30 | 6,058,238 | USD | |
| At 2014-12-31 | 5,613,583 | 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 2015-06-30 | 1,359,063 | USD | |
| At 2014-12-31 | 656,308 | 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 |
|---|---|---|---|
| 2015-04-01 to 2015-06-30 | 1,461,726 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 2,682,790 | USD | 181 |
| 2014-04-01 to 2014-06-30 | 1,433,492 | USD | 91 |
| 2014-01-01 to 2014-06-30 | 2,864,844 | USD | 181 |
Net inventory
Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2015-06-30 | 8,796 | USD | |
| At 2014-12-31 | 38,071 | USD |
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 2015-06-30 | 53,970,678 | USD | |
| At 2014-12-31 | 50,209,989 | 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 2015-06-30 | 539,181 | USD | |
| At 2014-12-31 | 531,173 | 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 2015-06-30 | 381,131 | USD | |
| At 2014-12-31 | 342,277 | 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 2015-06-30 | 17,323,416 | USD | |
| At 2014-12-31 | 17,850,595 | 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 2015-06-30 | 17,323,829 | USD | |
| At 2014-12-31 | 17,851,008 | 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 2015-06-30 | 163,563 | USD | |
| At 2014-12-31 | 116,903 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2015-04-01 to 2015-06-30 | 829,361 | USD | 91 |
| 2015-01-01 to 2015-06-30 | 1,616,664 | USD | 181 |
| 2014-04-01 to 2014-06-30 | 916,940 | USD | 91 |
| 2014-01-01 to 2014-06-30 | 1,680,606 | USD | 181 |
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 |
|---|---|---|---|
| 2015-01-01 to 2015-06-30 | 566,034 | USD | 181 |
| 2014-01-01 to 2014-06-30 | 53,449 | USD | 181 |
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 |
|---|---|---|---|
| 2014-01-01 to 2014-06-30 | 482,779 | USD | 181 |
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 |
|---|---|---|---|
| 2015-04-01 to 2015-06-30 | -1,369,599 | USD | 91 |
| 2015-01-01 to 2015-06-30 | -2,121,958 | USD | 181 |
| 2014-04-01 to 2014-06-30 | 1,478,379 | USD | 91 |
| 2014-01-01 to 2014-06-30 | -1,281,287 | USD | 181 |
Change in inventories
The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2015-01-01 to 2015-06-30 | -29,275 | USD | 181 |
Inspect the source
- Entity
- MAX SOUND CORPORATION / CIK 0001353499
- Captured
- SEC response SHA-256
86a7343d928879744af68cfe3581473a65316f47954981bb149321e1a458783b
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/0001353499.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"])))