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MAX SOUND CORPORATION: 10-Q filed 2022-08-31

What MAX SOUND CORPORATION reported in its quarterly report filed 2022-08-31 (fiscal Q2 2022): 22 published measures, 66 facts as tagged in accession 0001477932-22-006567.

This filing

Form
10-Q (quarterly report)
Filed
2022-08-31
Fiscal period
fiscal Q2 2022
Accession
0001477932-22-006567 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.

PeriodValueUnitDays
At 2022-06-3056USD
At 2021-12-310USD

Stockholders equity

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

PeriodValueUnitDays
At 2022-06-30-14,275,379USD
At 2022-03-31-14,148,825USD
At 2021-12-31-13,767,821USD
At 2021-06-30-13,047,309USD
At 2021-03-31-12,529,876USD
At 2020-12-31-12,652,995USD

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 2022-06-3056USD
At 2021-12-310USD
At 2021-06-301,074USD
At 2020-12-310USD

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
2022-04-01 to 2022-06-30-339,554USD91
2022-01-01 to 2022-06-30-720,558USD181
2021-04-01 to 2021-06-30-577,433USD91
2021-01-01 to 2021-06-30-674,314USD181

Operating cash flow

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

PeriodValueUnitDays
2022-01-01 to 2022-06-30-36,377USD181
2021-01-01 to 2021-06-3051,732USD181

Revenue

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

PeriodValueUnitDays
2022-04-01 to 2022-06-300USD91
2022-01-01 to 2022-06-300USD181
2021-04-01 to 2021-06-300USD91
2021-01-01 to 2021-06-30251,000USD181

Financing cash flow

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

PeriodValueUnitDays
2022-01-01 to 2022-06-3036,433USD181
2021-01-01 to 2021-06-30-50,658USD181

Investing cash flow

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

PeriodValueUnitDays
2022-01-01 to 2022-06-300USD181
2021-01-01 to 2021-06-300USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2022-06-30-85,087,855USD
At 2021-12-31-84,367,297USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2022-04-01 to 2022-06-300USD91
2022-01-01 to 2022-06-300USD181
2021-04-01 to 2021-06-300USD91
2021-01-01 to 2021-06-300USD181

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
2022-04-01 to 2022-06-30-88,577USD91
2022-01-01 to 2022-06-30-218,820USD181
2021-04-01 to 2021-06-30-323,983USD91
2021-01-01 to 2021-06-30-167,144USD181

Interest expense

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

PeriodValueUnitDays
2022-04-01 to 2022-06-30132,738USD91
2022-01-01 to 2022-06-30266,291USD181
2021-04-01 to 2021-06-30134,440USD91
2021-01-01 to 2021-06-30270,471USD181

Current liabilities

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

PeriodValueUnitDays
At 2022-06-3014,275,435USD
At 2021-12-3113,767,821USD

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 2022-06-30890,488USD
At 2021-12-31863,061USD

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
2022-04-01 to 2022-06-3088,577USD91
2022-01-01 to 2022-06-30218,820USD181
2021-04-01 to 2021-06-30323,983USD91
2021-01-01 to 2021-06-30418,144USD181

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 2022-06-307,352,186,157shares
At 2021-12-316,878,852,823shares

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 2022-06-3071,271,501USD
At 2021-12-3171,063,234USD

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 2022-06-303,147,765USD
At 2021-12-312,870,458USD

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
2022-04-01 to 2022-06-308,077USD91
2022-01-01 to 2022-06-3047,620USD181
2021-04-01 to 2021-06-30213,649USD91
2021-01-01 to 2021-06-30231,810USD181

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
2022-04-01 to 2022-06-30-250,977USD91
2022-01-01 to 2022-06-30-501,738USD181
2021-04-01 to 2021-06-30-253,450USD91
2021-01-01 to 2021-06-30-507,170USD181

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.

PeriodValueUnitDays
2022-01-01 to 2022-06-300USD181
2021-01-01 to 2021-06-300USD181

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
2022-01-01 to 2022-06-3027,427USD181
2021-01-01 to 2021-06-308,847USD181

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.

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/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"])))