THE CORETEC GROUP INC.: 10-Q filed 2023-11-08

Name: THE CORETEC GROUP INC.: 10-Q filed 2023-11-08
Creator: THE CORETEC GROUP INC.

What THE CORETEC GROUP INC. reported in its quarterly report filed 2023-11-08 (fiscal Q3 2023): 24 published measures, 71 facts as tagged in accession 0001437749-23-030862.

This filing

Form: 10-Q (quarterly report)
Filed: 2023-11-08
Fiscal period: fiscal Q3 2023
Accession: 0001437749-23-030862 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 THE CORETEC GROUP 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 2023-09-30	2,332,317	USD
At 2022-12-31	3,621,536	USD

Total liabilities

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

Period	Value	Unit	Days
At 2023-09-30	1,916,841	USD
At 2022-12-31	1,793,216	USD

Stockholders equity

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

Period	Value	Unit
At 2023-09-30	415,476	USD
At 2023-06-30	865,978	USD
At 2023-03-31	1,320,936	USD
At 2022-12-31	1,828,320	USD
At 2022-09-30	2,286,688	USD
At 2022-06-30	2,705,401	USD
At 2022-03-31	3,273,080	USD
At 2021-12-31	3,864,151	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
2023-07-01 to 2023-09-30	-456,628	USD	92
2023-01-01 to 2023-09-30	-1,438,307	USD	273
2015-06-02 to 2023-09-30	-17,783,620	USD	3043
2023-04-01 to 2023-06-30	-474,295	USD	91
2023-01-01 to 2023-03-31	-507,384	USD	90
2022-07-01 to 2022-09-30	-431,678	USD	92
2022-01-01 to 2022-09-30	-1,717,989	USD	273
2022-04-01 to 2022-06-30	-606,969	USD	91
2022-01-01 to 2022-03-31	-679,342	USD	90

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
2023-01-01 to 2023-09-30	-1,214,695	USD	273
2022-01-01 to 2022-09-30	-1,356,788	USD	273

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
2023-01-01 to 2023-09-30	46,034	USD	273
2022-01-01 to 2022-09-30	80,265	USD	273

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
2023-01-01 to 2023-09-30	-75,347	USD	273
2022-01-01 to 2022-09-30	159,803	USD	273

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 2023-09-30	-17,783,620	USD
At 2022-12-31	-16,345,313	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
2023-07-01 to 2023-09-30	282,965,333	shares	92
2023-01-01 to 2023-09-30	275,948,520	shares	273
2022-07-01 to 2022-09-30	256,912,934	shares	92
2022-01-01 to 2022-09-30	255,923,378	shares	273

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
2023-07-01 to 2023-09-30	-0.002	USD/shares	92
2023-01-01 to 2023-09-30	-0.005	USD/shares	273
2022-07-01 to 2022-09-30	-0.002	USD/shares	92
2022-01-01 to 2022-09-30	-0.007	USD/shares	273

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 2023-09-30	110,790	USD
At 2022-12-31	73,462	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
2023-01-01 to 2023-09-30	0	USD	273
2022-01-01 to 2022-09-30	89,696	USD	273

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 2023-09-30	1,205,975	USD
At 2022-12-31	2,470,549	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
2023-07-01 to 2023-09-30	54,491	USD	92
2023-01-01 to 2023-09-30	161,422	USD	273
2022-07-01 to 2022-09-30	52,831	USD	92
2022-01-01 to 2022-09-30	148,273	USD	273

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 2023-09-30	671,652	USD
At 2022-12-31	378,390	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 2023-09-30	166,000	USD
At 2022-12-31	166,000	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 2023-09-30	845,002	USD
At 2022-12-31	906,975	USD

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2023-07-01 to 2023-09-30	101,094	USD	92
2023-01-01 to 2023-09-30	334,442	USD	273
2022-07-01 to 2022-09-30	80,167	USD	92
2022-01-01 to 2022-09-30	400,524	USD	273

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 2023-09-30	284,104,032	shares
At 2022-12-31	268,871,202	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 2023-09-30	18,142,208	USD
At 2022-12-31	18,119,792	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
2023-07-01 to 2023-09-30	305,560	USD	92
2023-01-01 to 2023-09-30	958,548	USD	273
2022-07-01 to 2022-09-30	301,004	USD	92
2022-01-01 to 2022-09-30	1,172,463	USD	273

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
2023-01-01 to 2023-09-30	8,706	USD	273
2022-01-01 to 2022-09-30	4,430	USD	273

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
2023-01-01 to 2023-09-30	61,973	USD	273
2022-01-01 to 2022-09-30	61,972	USD	273

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.

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	106,571	USD	273
2022-01-01 to 2022-09-30	106,783	USD	273

Inspect the source

Entity: THE CORETEC GROUP INC. / CIK 0001375195
Captured: 2026-09-23 02:51 UTC
SEC response SHA-256: 11650b340611b5235de95b05a991bb90638a44758813401a21ba25eb10cbf92c

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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/0001375195.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"])))