WHERE FOOD COMES FROM, INC.: 10-K filed 2016-02-16

Name: WHERE FOOD COMES FROM, INC.: 10-K filed 2016-02-16
Creator: WHERE FOOD COMES FROM, INC.

What WHERE FOOD COMES FROM, INC. reported in its annual report filed 2016-02-16 (fiscal FY 2015): 44 published measures, 88 facts as tagged in accession 0001387131-16-004244.

This filing

Form: 10-K (annual report)
Filed: 2016-02-16
Fiscal period: fiscal FY 2015
Accession: 0001387131-16-004244 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 WHERE FOOD COMES FROM, 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 2015-12-31	8,475,724	USD
At 2014-12-31	7,933,456	USD

Total liabilities

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

Period	Value	Unit	Days
At 2015-12-31	804,902	USD
At 2014-12-31	749,271	USD

Stockholders equity

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

Period	Value	Unit
At 2015-12-31	6,734,452	USD
At 2014-12-31	6,210,166	USD
At 2013-12-31	4,068,042	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 2015-12-31	3,781,397	USD
At 2014-12-31	2,583,058	USD
At 2013-12-31	1,067,537	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
2015-01-01 to 2015-12-31	533,917	USD	365
2014-01-01 to 2014-12-31	229,095	USD	365

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 2015-12-31	26,312	USD	365
2014-01-01 to 2014-12-31	74,852	USD	365

Revenue

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

Period	Value	Unit	Days
2015-01-01 to 2015-12-31	10,395,469	USD	365
2014-01-01 to 2014-12-31	8,764,932	USD	365

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 2015-12-31	-558,088	USD
At 2014-12-31	-1,092,005	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
2015-01-01 to 2015-12-31	23,797,236	shares	365
2014-01-01 to 2014-12-31	23,170,074	shares	365

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
2015-01-01 to 2015-12-31	23,974,374	shares	365
2014-01-01 to 2014-12-31	23,400,068	shares	365

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
2015-01-01 to 2015-12-31	0.02	USD/shares	365
2014-01-01 to 2014-12-31	0.01	USD/shares	365

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
2015-01-01 to 2015-12-31	0.02	USD/shares	365
2014-01-01 to 2014-12-31	0.01	USD/shares	365

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
2015-01-01 to 2015-12-31	298,150	USD	365
2014-01-01 to 2014-12-31	140,876	USD	365

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 2015-12-31	157,950	USD
At 2014-12-31	231,886	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
2015-01-01 to 2015-12-31	117,696	USD	365
2014-01-01 to 2014-12-31	88,060	USD	365

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
2015-01-01 to 2015-12-31	795,233	USD	365
2014-01-01 to 2014-12-31	344,726	USD	365

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 2015-12-31	5,046,361	USD
At 2014-12-31	3,939,528	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
2015-01-01 to 2015-12-31	1,585	USD	365
2014-01-01 to 2014-12-31	9,818	USD	365

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 2015-12-31	794,761	USD
At 2014-12-31	726,616	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 2015-12-31	417,836	USD
At 2014-12-31	401,131	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 2015-12-31	1,279,762	USD
At 2014-12-31	1,279,762	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 2015-12-31	1,281,654	USD
At 2014-12-31	1,437,678	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 2015-12-31	1,110,052	USD
At 2014-12-31	979,532	USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

Period	Value	Unit	Days
2015-01-01 to 2015-12-31	177,916	USD	365

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
2015-01-01 to 2015-12-31	4,854,753	USD	365
2014-01-01 to 2014-12-31	3,763,304	USD	365

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2015-01-01 to 2015-12-31	5,540,716	USD	365
2014-01-01 to 2014-12-31	5,001,628	USD	365

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
2015-01-01 to 2015-12-31	4,059,520	USD	365
2014-01-01 to 2014-12-31	3,418,578	USD	365

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 2015-12-31	23,736,487	shares
At 2014-12-31	23,720,130	shares

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 2015-12-31	16,211	USD
At 2014-12-31	23,670	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 2015-12-31	799,140	USD
At 2014-12-31	802,305	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 2015-12-31	641,190	USD
At 2014-12-31	570,419	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 2015-12-31	1,760,199	USD
At 2014-12-31	1,952,678	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 2015-12-31	92,574	USD
At 2014-12-31	65,849	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 2015-12-31	154,912	USD
At 2014-12-31	126,938	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
2015-01-01 to 2015-12-31	794,418	USD	365
2014-01-01 to 2014-12-31	338,112	USD	365

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
2015-01-01 to 2015-12-31	496,268	USD	365
2014-01-01 to 2014-12-31	197,236	USD	365

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
2015-01-01 to 2015-12-31	100,200	USD	365
2014-01-01 to 2014-12-31	96,200	USD	365

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 2015-12-31	256,272	USD	365
2014-01-01 to 2014-12-31	225,638	USD	365

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
2015-01-01 to 2015-12-31	156,000	USD	365
2014-01-01 to 2014-12-31	129,500	USD	365

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
2015-01-01 to 2015-12-31	770	USD	365
2014-01-01 to 2014-12-31	3,204	USD	365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2015-01-01 to 2015-12-31	298,150	USD	365
2014-01-01 to 2014-12-31	140,876	USD	365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2014-01-01 to 2014-12-31	1,800,000	USD	365

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
2015-01-01 to 2015-12-31	240,762	USD	365
2014-01-01 to 2014-12-31	300,917	USD	365

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
2015-01-01 to 2015-12-31	16,705	USD	365
2014-01-01 to 2014-12-31	123,498	USD	365

Inspect the source

Entity: WHERE FOOD COMES FROM, INC. / CIK 0001360565
Captured: 2026-09-20T07:56:04.244Z
SEC response SHA-256: 49dba7524287bcaa9e7d5a0c7a32d640e86a03fd85d27090cb42aa037eb914f0

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/0001360565.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"])))