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FITLIFE BRANDS, INC.: 10-K filed 2022-10-13

What FITLIFE BRANDS, INC. reported in its annual report filed 2022-10-13 (fiscal FY 2021): 44 published measures, 172 facts as tagged in accession 0001851734-22-000612.

This filing

Form
10-K (annual report)
Filed
2022-10-13
Fiscal period
fiscal FY 2021
Accession
0001851734-22-000612 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 FITLIFE BRANDS, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2021-12-3121,507,000USD
At 2021-06-3019,490,000USD
At 2021-03-3117,934,000USD
At 2020-12-3116,624,000USD

Total liabilities

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

PeriodValueUnitDays
At 2021-12-314,161,000USD
At 2021-06-304,731,000USD
At 2021-03-314,524,000USD
At 2020-12-314,750,000USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-12-3117,346,000USD
At 2021-06-3014,759,000USD
At 2021-03-3113,410,000USD
At 2020-12-3111,874,000USD
At 2019-12-313,071,000USD

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
2021-01-01 to 2021-12-315,410,000USD365
2021-04-01 to 2021-06-301,632,000USD91
2021-01-01 to 2021-06-303,037,000USD181
2021-01-01 to 2021-03-311,405,000USD90
2020-01-01 to 2020-12-318,825,000USD366

Operating cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-12-314,480,000USD365
2021-01-01 to 2021-06-303,008,000USD181
2021-01-01 to 2021-03-31289,000USD90
2020-01-01 to 2020-12-315,721,000USD366

Financing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-12-31-390,000USD365
2021-01-01 to 2021-06-30-390,000USD181
2021-01-01 to 2021-03-310USD90
2020-01-01 to 2020-12-31350,000USD366

Investing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-12-31-529,000USD365
2021-01-01 to 2021-06-30-529,000USD181
2021-01-01 to 2021-03-310USD90
2020-01-01 to 2020-12-310USD366

Retained earnings or deficit

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

PeriodValueUnitDays
At 2021-12-31-13,142,000USD
At 2021-06-30-15,515,000USD
At 2021-03-31-17,147,000USD
At 2020-12-31-18,552,000USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2021-01-01 to 2021-12-314,406,614shares365
2021-04-01 to 2021-06-304,392,000shares91
2021-01-01 to 2021-06-304,349,540shares181
2021-01-01 to 2021-03-314,306,604shares90
2020-01-01 to 2020-12-314,232,828shares366

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.

PeriodValueUnitDays
2021-01-01 to 2021-12-314,801,370shares365
2021-04-01 to 2021-06-304,779,520shares91
2021-01-01 to 2021-06-304,756,276shares181
2021-01-01 to 2021-03-314,698,664shares90
2020-01-01 to 2020-12-314,549,396shares366

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.

PeriodValueUnitDays
2021-01-01 to 2021-12-311.23USD/shares365
2021-04-01 to 2021-06-300.37USD/shares91
2021-01-01 to 2021-06-300.7USD/shares181
2021-01-01 to 2021-03-310.33USD/shares90
2020-01-01 to 2020-12-312.08USD/shares366

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.

PeriodValueUnitDays
2021-01-01 to 2021-12-311.13USD/shares365
2021-04-01 to 2021-06-300.34USD/shares91
2021-01-01 to 2021-06-300.64USD/shares181
2021-01-01 to 2021-03-310.3USD/shares90
2020-01-01 to 2020-12-311.94USD/shares366

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
2021-01-01 to 2021-12-311,298,000USD365
2021-04-01 to 2021-06-30406,000USD91
2021-01-01 to 2021-06-30721,000USD181
2021-01-01 to 2021-03-31315,000USD90
2020-10-01 to 2020-12-31-4,339,000USD92
2020-01-01 to 2020-12-31-4,415,000USD366

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.

PeriodValueUnitDays
At 2021-12-3170,000USD
At 2021-06-3085,000USD
At 2021-03-3190,000USD
At 2020-12-3198,000USD

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
2021-01-01 to 2021-12-316,230,000USD365
2021-04-01 to 2021-06-302,033,000USD91
2021-01-01 to 2021-06-303,294,000USD181
2021-01-01 to 2021-03-311,261,000USD90
2020-01-01 to 2020-12-314,346,000USD366

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.

PeriodValueUnitDays
At 2021-12-3117,684,000USD
At 2021-06-3015,037,000USD
At 2021-03-3113,410,000USD
At 2020-12-3111,754,000USD

Current liabilities

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

PeriodValueUnitDays
At 2021-12-314,058,000USD
At 2021-06-304,600,000USD
At 2021-03-314,380,000USD
At 2020-12-314,139,000USD

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 2021-12-312,880,000USD
At 2021-06-303,542,000USD
At 2021-03-313,410,000USD
At 2020-12-313,246,000USD

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.

PeriodValueUnitDays
At 2021-12-31358,000USD
At 2021-06-30358,000USD
At 2021-04-07133,000USD
At 2021-03-31225,000USD
At 2020-12-31225,000USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2021-12-31945,000USD
At 2021-06-301,250,000USD
At 2021-03-311,580,000USD
At 2020-12-311,797,000USD

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.

PeriodValueUnitDays
2021-01-01 to 2021-12-31444,000USD365
2021-01-01 to 2021-06-30444,000USD181
2021-01-01 to 2021-03-310USD90
2020-01-01 to 2020-12-31171,000USD366

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
2021-01-01 to 2021-12-316,274,000USD365
2021-04-01 to 2021-06-301,648,000USD91
2021-01-01 to 2021-06-303,182,000USD181
2021-01-01 to 2021-03-311,534,000USD90
2020-01-01 to 2020-12-315,191,000USD366

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2021-12-316,520,000USD
At 2021-06-305,094,000USD
At 2021-03-315,143,000USD
At 2020-12-313,529,000USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2021-01-01 to 2021-12-3112,504,000USD365
2021-04-01 to 2021-06-303,681,000USD91
2021-01-01 to 2021-06-306,476,000USD181
2021-01-01 to 2021-03-312,795,000USD90
2020-01-01 to 2020-12-319,537,000USD366

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 2021-12-314,552,485shares
At 2021-06-304,442,760shares
At 2021-03-314,363,272shares
At 2020-12-314,243,272shares

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 2021-12-3132,529,000USD
At 2021-06-3032,282,000USD
At 2021-03-3132,305,000USD
At 2020-12-3132,174,000USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2021-12-31158,000USD
At 2021-06-30183,000USD
At 2021-03-31195,000USD
At 2020-12-31208,000USD
At 2019-01-01480,000USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2021-12-31158,000USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2021-12-31902,000USD
At 2020-12-31902,000USD

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.

PeriodValueUnitDays
At 2021-12-31832,000USD
At 2020-12-31804,000USD

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.

PeriodValueUnitDays
At 2021-12-31192,000USD
At 2021-06-30212,000USD
At 2021-03-31225,000USD
At 2020-12-310USD

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.

PeriodValueUnitDays
At 2021-12-31322,000USD
At 2021-06-30228,000USD
At 2021-03-3122,000USD
At 2020-12-3152,000USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2021-12-313,045,000USD
At 2020-12-314,339,000USD

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.

PeriodValueUnitDays
2021-01-01 to 2021-12-316,708,000USD365
2021-04-01 to 2021-06-302,038,000USD91
2021-01-01 to 2021-06-303,758,000USD181
2021-01-01 to 2021-03-311,720,000USD90
2020-01-01 to 2020-12-314,410,000USD366

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
2021-01-01 to 2021-12-313,651,000USD365
2021-04-01 to 2021-06-30917,000USD91
2021-01-01 to 2021-06-301,774,000USD181
2021-01-01 to 2021-03-31857,000USD90
2020-01-01 to 2020-12-313,047,000USD366

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.

PeriodValueUnitDays
2021-01-01 to 2021-12-3128,000USD365
2020-01-01 to 2020-12-3138,000USD366

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2021-01-01 to 2021-12-3159,000USD365
2020-01-01 to 2020-12-3138,000USD366

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
2021-01-01 to 2021-12-31478,000USD365
2021-04-01 to 2021-06-305,000USD91
2021-01-01 to 2021-06-30464,000USD181
2021-01-01 to 2021-03-31459,000USD90
2020-01-01 to 2020-12-3164,000USD366

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
2021-01-01 to 2021-12-310USD365
2020-01-01 to 2020-12-3112,000USD366

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2021-01-01 to 2021-12-31-42,000USD365
2020-01-01 to 2020-12-310USD366

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2021-01-01 to 2021-12-3150,000USD365

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.

PeriodValueUnitDays
2021-01-01 to 2021-12-31-974,000USD365
2021-01-01 to 2021-06-30-666,000USD181
2021-01-01 to 2021-03-31-208,000USD90
2020-01-01 to 2020-12-31104,000USD366

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.

PeriodValueUnitDays
2021-01-01 to 2021-12-312,945,000USD365
2021-01-01 to 2021-06-301,490,000USD181
2021-01-01 to 2021-03-311,584,000USD90
2020-01-01 to 2020-12-3197,000USD366

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
2021-01-01 to 2021-12-31-366,000USD365
2021-01-01 to 2021-06-30296,000USD181
2021-01-01 to 2021-03-31164,000USD90
2020-01-01 to 2020-12-311,228,000USD366

Inspect the source

Entity
FITLIFE BRANDS, INC. / CIK 0001374328
Captured
2026-09-20T07:57:19.784Z
SEC response SHA-256
9bc20d5673f9c4f28206c32e77e482e43cff01c17fc6e35633f63b8d5066779d

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.

Use this in research

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001374328.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"])))