Petrolia Energy Corporation: 10-Q filed 2017-11-14

Name: Petrolia Energy Corporation: 10-Q filed 2017-11-14
Creator: Petrolia Energy Corporation

What Petrolia Energy Corporation reported in its quarterly report filed 2017-11-14 (fiscal Q3 2017): 31 published measures, 78 facts as tagged in accession 0001185185-17-002389.

This filing

Form: 10-Q (quarterly report)
Filed: 2017-11-14
Fiscal period: fiscal Q3 2017
Accession: 0001185185-17-002389 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 Petrolia Energy 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 2017-09-30	13,491,030	USD
At 2016-12-31	13,211,624	USD

Total liabilities

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

Period	Value	Unit	Days
At 2017-09-30	1,896,293	USD
At 2016-12-31	6,213,120	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2017-09-30	11,594,737	USD
At 2016-12-31	6,998,504	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 2017-09-30	9,421	USD
At 2016-12-31	68,648	USD
At 2016-09-30	12,071	USD
At 2015-12-31	3,091	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
2017-07-01 to 2017-09-30	-1,063,375	USD	92
2017-01-01 to 2017-09-30	-2,788,791	USD	273
2016-07-01 to 2016-09-30	-596,550	USD	92
2016-01-01 to 2016-09-30	-1,301,351	USD	274

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
2017-01-01 to 2017-09-30	-681,299	USD	273
2016-01-01 to 2016-09-30	-315,048	USD	274

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
2017-01-01 to 2017-09-30	631,328	USD	273
2016-01-01 to 2016-09-30	387,390	USD	274

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
2017-01-01 to 2017-09-30	-9,256	USD	273
2016-01-01 to 2016-09-30	-63,362	USD	274

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 2017-09-30	-10,756,411	USD
At 2016-12-31	-7,967,620	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 2017-09-30	13,404,557	USD
At 2016-12-31	12,546,095	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
2017-01-01 to 2017-09-30	101,519	USD	273
2016-01-01 to 2016-09-30	0	USD	274

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
2017-07-01 to 2017-09-30	-1,055,592	USD	92
2017-01-01 to 2017-09-30	-2,432,390	USD	273
2016-07-01 to 2016-09-30	-559,124	USD	92
2016-01-01 to 2016-09-30	-1,127,072	USD	274

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 2017-09-30	36,587	USD
At 2016-12-31	298,843	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 2017-09-30	1,410,172	USD
At 2016-12-31	2,986,390	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 2017-09-30	396,883	USD
At 2016-12-31	352,241	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 2017-09-30	18,520	USD
At 2016-12-31	199,003	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
2017-07-01 to 2017-09-30	1,096,224	USD	92
2017-01-01 to 2017-09-30	2,548,414	USD	273
2016-07-01 to 2016-09-30	580,987	USD	92
2016-01-01 to 2016-09-30	1,404,228	USD	274

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 2017-09-30	108,239,887	shares
At 2016-12-31	79,034,505	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 2017-09-30	22,242,711	USD
At 2016-12-31	14,887,090	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 2017-09-30	264,723	USD
At 2016-12-31	200,416	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 2017-09-30	1,172,746	USD
At 2016-12-31	1,119,708	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 2017-09-30	49,886	USD
At 2016-12-31	49,886	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 2017-09-30	768,607	USD
At 2016-12-31	494,983	USD

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2017-07-01 to 2017-09-30	-1,104,509	USD	92
2017-01-01 to 2017-09-30	-2,838,558	USD	273
2016-07-01 to 2016-09-30	-596,550	USD	92
2016-01-01 to 2016-09-30	-1,301,351	USD	274

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
2017-07-01 to 2017-09-30	986,296	USD	92
2017-01-01 to 2017-09-30	2,131,070	USD	273
2016-07-01 to 2016-09-30	508,329	USD	92
2016-01-01 to 2016-09-30	1,139,432	USD	274

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
2017-07-01 to 2017-09-30	17,582	USD	92
2017-01-01 to 2017-09-30	54,986	USD	273
2016-07-01 to 2016-09-30	15,764	USD	92
2016-01-01 to 2016-09-30	50,964	USD	274

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
2017-07-01 to 2017-09-30	-7,783	USD	92
2017-01-01 to 2017-09-30	-356,401	USD	273
2016-07-01 to 2016-09-30	-37,426	USD	92
2016-01-01 to 2016-09-30	-174,279	USD	274

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
2017-01-01 to 2017-09-30	110,065	USD	273
2016-01-01 to 2016-09-30	48,000	USD	274

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
2017-01-01 to 2017-09-30	-31,496	USD	273
2016-01-01 to 2016-09-30	122,056	USD	274

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
2017-01-01 to 2017-09-30	0	USD	273
2016-01-01 to 2016-09-30	-33,330	USD	274

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
2017-01-01 to 2017-09-30	44,642	USD	273
2016-01-01 to 2016-09-30	258,470	USD	274

Inspect the source

Entity: Petrolia Energy Corporation / CIK 0001368637
Captured: 2026-09-22 19:45 UTC
SEC response SHA-256: 70803161d31b3ad9c56026894618c1d7d98321e4b69888ef6198de8d088a0601

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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/0001368637.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"])))