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C-Bond Systems, Inc.: 10-Q filed 2022-08-15

What C-Bond Systems, Inc. reported in its quarterly report filed 2022-08-15 (fiscal Q2 2022): 44 published measures, 123 facts as tagged in accession 0001213900-22-048114.

This filing

Form
10-Q (quarterly report)
Filed
2022-08-15
Fiscal period
fiscal Q2 2022
Accession
0001213900-22-048114 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 C-Bond Systems, Inc. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2022-06-301,874,250USD
At 2021-12-312,087,966USD

Total liabilities

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

PeriodValueUnitDays
At 2022-06-304,052,095USD
At 2021-12-313,421,384USD

Stockholders equity

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

PeriodValueUnitDays
At 2022-06-30-5,182,216USD
At 2021-12-31-4,168,296USD

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 2022-06-30244,548USD
At 2021-12-31519,898USD

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 2022-06-30-799,374USD181
2021-01-01 to 2021-06-30-791,963USD181

Revenue

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

PeriodValueUnitDays
2022-04-01 to 2022-06-30540,367USD91
2022-01-01 to 2022-06-301,051,076USD181
2021-04-01 to 2021-06-30133,670USD91
2021-01-01 to 2021-06-30289,320USD181

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 2022-06-30524,024USD181
2021-01-01 to 2021-06-30750,000USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2022-06-30-60,452,441USD
At 2021-12-31-57,515,129USD

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
2022-04-01 to 2022-06-30294,776,031shares91
2022-01-01 to 2022-06-30289,334,882shares181
2021-04-01 to 2021-06-30239,297,760shares91
2021-01-01 to 2021-06-30235,125,277shares181

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
2022-04-01 to 2022-06-30294,776,031shares91
2022-01-01 to 2022-06-30289,334,882shares181
2021-04-01 to 2021-06-30239,297,760shares91
2021-01-01 to 2021-06-30235,125,277shares181

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
2022-04-01 to 2022-06-300USD/shares91
2022-01-01 to 2022-06-30-0.01USD/shares181
2021-04-01 to 2021-06-300USD/shares91
2021-01-01 to 2021-06-30-0.04USD/shares181

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
2022-04-01 to 2022-06-300USD/shares91
2022-01-01 to 2022-06-30-0.01USD/shares181
2021-04-01 to 2021-06-300USD/shares91
2021-01-01 to 2021-06-30-0.04USD/shares181

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 2022-06-30114,609USD
At 2021-12-31135,022USD

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.

PeriodValueUnitDays
2022-01-01 to 2022-06-301,021,126USD181
2021-01-01 to 2021-06-303,953,672USD181

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 2022-06-30-411,494USD91
2022-01-01 to 2022-06-30-2,085,258USD181
2021-04-01 to 2021-06-30-621,629USD91
2021-01-01 to 2021-06-30-5,467,227USD181

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 2022-06-30666,374USD
At 2021-12-311,014,378USD

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 2022-06-30362,305USD91
2022-01-01 to 2022-06-30610,885USD181
2021-04-01 to 2021-06-3025,174USD91
2021-01-01 to 2021-06-3043,549USD181

Current liabilities

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

PeriodValueUnitDays
At 2022-06-303,461,034USD
At 2021-12-312,675,625USD

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 2022-06-30829,576USD
At 2021-12-31831,648USD

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 2022-06-30350,491USD
At 2021-12-31350,491USD

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.

PeriodValueUnitDays
At 2022-06-30205,169USD

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 2022-06-30742,157USD91
2022-01-01 to 2022-06-302,677,000USD181
2021-04-01 to 2021-06-30731,132USD91
2021-01-01 to 2021-06-305,700,996USD181

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 2022-06-3062,646USD
At 2021-12-3182,931USD

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
2022-04-01 to 2022-06-30330,663USD91
2022-01-01 to 2022-06-30591,742USD181
2021-04-01 to 2021-06-30109,503USD91
2021-01-01 to 2021-06-30233,769USD181

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.

PeriodValueUnitDays
2022-04-01 to 2022-06-30209,704USD91
2022-01-01 to 2022-06-30459,334USD181
2021-04-01 to 2021-06-3024,167USD91
2021-01-01 to 2021-06-3055,551USD181

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 2022-06-30307,108,719shares
At 2021-12-31282,216,632shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2022-06-30244,548USD
At 2021-12-31519,898USD
At 2021-06-30281,444USD
At 2020-12-31323,407USD

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 2022-06-3054,963,116USD
At 2021-12-3153,064,616USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2022-06-30-5,016,047USD
At 2022-03-31-4,870,820USD
At 2021-12-31-3,979,041USD
At 2021-06-30-4,259,799USD
At 2021-03-31-3,979,326USD
At 2020-12-31-3,167,220USD

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 2022-06-30431,125USD
At 2021-12-31251,172USD

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 2022-06-30264,744USD
At 2021-12-31264,744USD

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 2022-06-30150,135USD
At 2021-12-31129,722USD

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 2022-06-30305,169USD
At 2021-12-31330,421USD

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 2022-06-30514,068USD
At 2021-12-31436,733USD

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 2022-06-30109,353USD
At 2021-12-31151,746USD

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.

PeriodValueUnitDays
2022-04-01 to 2022-06-30-1,009,352USD91
2022-01-01 to 2022-06-30-2,928,771USD181
2022-01-01 to 2022-03-31-1,919,419USD90
2021-04-01 to 2021-06-30-579,025USD91
2021-01-01 to 2021-06-30-5,442,998USD181
2021-01-01 to 2021-03-31-4,863,973USD90

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.

PeriodValueUnitDays
2022-04-01 to 2022-06-30-1,016,908USD91
2022-01-01 to 2022-06-30-2,937,312USD181
2021-04-01 to 2021-06-30-590,503USD91
2021-01-01 to 2021-06-30-8,310,052USD181

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 2022-06-30185,391USD91
2022-01-01 to 2022-06-30390,004USD181
2021-04-01 to 2021-06-3086,367USD91
2021-01-01 to 2021-06-30255,523USD181

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
2022-04-01 to 2022-06-3022,755USD91
2022-01-01 to 2022-06-3045,665USD181
2021-04-01 to 2021-06-302,472USD91
2021-01-01 to 2021-06-304,944USD181

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.

PeriodValueUnitDays
2022-01-01 to 2022-06-3025,252USD181
2021-01-01 to 2021-06-300USD181

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 2022-06-308,354USD181
2021-01-01 to 2021-06-301,371USD181

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
2022-01-01 to 2022-06-3080,545USD181
2021-01-01 to 2021-06-3023,729USD181

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
2022-01-01 to 2022-06-30-20,285USD181
2021-01-01 to 2021-06-30-3,128USD181

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 2022-06-30102USD181
2021-01-01 to 2021-06-3070,436USD181

Inspect the source

Entity
C-Bond Systems, Inc. / CIK 0001421636
Captured
SEC response SHA-256
46d30ca57f6113e11a61050af9f79b78cb6f83cc1e90d994b18bf73e76d3de20

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/0001421636.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"])))