Trident Brands Incorporated: 10-Q filed 2019-07-22
What Trident Brands Incorporated reported in its quarterly report filed 2019-07-22 (fiscal Q2 2019): 31 published measures, 82 facts as tagged in accession 0001165527-19-000126.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2019-07-22
- Fiscal period
- fiscal Q2 2019
- Accession
- 0001165527-19-000126 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; a measure with a published history links to it, and the history shows the latest-filed value per period. All Trident Brands Incorporated 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 2019-05-31 | 5,393,567 | USD | |
| At 2018-11-30 | 6,094,700 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-05-31 | 24,698,242 | USD | |
| At 2018-11-30 | 18,794,091 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-05-31 | -19,304,675 | USD | |
| At 2019-02-28 | -15,647,442 | USD | |
| At 2018-11-30 | -12,699,391 | USD | |
| At 2018-05-31 | -8,016,740 | USD | |
| At 2018-02-28 | -7,236,629 | USD | |
| At 2017-11-30 | -5,973,795 | 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 | Days |
|---|---|---|---|
| At 2019-05-31 | 1,653,948 | USD | |
| At 2018-11-30 | 3,133,303 | USD | |
| At 2018-05-31 | 2,030,507 | USD | |
| At 2017-11-30 | 3,143,788 | 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 |
|---|---|---|---|
| 2019-03-01 to 2019-05-31 | -3,718,587 | USD | 92 |
| 2018-12-01 to 2019-05-31 | -6,933,161 | USD | 182 |
| 2018-03-01 to 2018-05-31 | -1,412,836 | USD | 92 |
| 2017-12-01 to 2018-05-31 | -3,450,031 | USD | 182 |
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 |
|---|---|---|---|
| 2018-12-01 to 2019-05-31 | -4,295,990 | USD | 182 |
| 2017-12-01 to 2018-05-31 | -2,486,856 | USD | 182 |
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 |
|---|---|---|---|
| 2018-12-01 to 2019-05-31 | 2,804,187 | USD | 182 |
| 2017-12-01 to 2018-05-31 | 1,500,000 | USD | 182 |
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 |
|---|---|---|---|
| 2018-12-01 to 2019-05-31 | 12,448 | USD | 182 |
| 2017-12-01 to 2018-05-31 | -126,425 | USD | 182 |
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 2019-05-31 | -29,058,602 | USD | |
| At 2018-11-30 | -22,125,441 | 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 2019-05-31 | 8,604 | USD | |
| At 2018-11-30 | 31,663 | 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 |
|---|---|---|---|
| 2018-12-01 to 2019-05-31 | 380,751 | USD | 182 |
| 2017-12-01 to 2018-05-31 | 924,078 | USD | 182 |
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 |
|---|---|---|---|
| 2019-03-01 to 2019-05-31 | -1,963,955 | USD | 92 |
| 2018-12-01 to 2019-05-31 | -3,513,556 | USD | 182 |
| 2018-03-01 to 2018-05-31 | -914,409 | USD | 92 |
| 2017-12-01 to 2018-05-31 | -2,501,645 | USD | 182 |
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 2019-05-31 | 4,984,963 | USD | |
| At 2018-11-30 | 5,669,457 | 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 |
|---|---|---|---|
| 2019-03-01 to 2019-05-31 | 1,127,110 | USD | 92 |
| 2018-12-01 to 2019-05-31 | 1,981,361 | USD | 182 |
| 2018-03-01 to 2018-05-31 | 501,790 | USD | 92 |
| 2017-12-01 to 2018-05-31 | 965,378 | USD | 182 |
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 2019-05-31 | 24,698,242 | USD | |
| At 2018-11-30 | 5,176,286 | 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 2019-05-31 | 1,625,071 | USD | |
| At 2018-11-30 | 1,289,833 | 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 2019-05-31 | 400,000 | USD | |
| At 2018-11-30 | 393,580 | 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 2019-05-31 | 519,633 | USD | |
| At 2018-11-30 | 357,492 | USD |
Net inventory
Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-05-31 | 2,602,822 | USD | |
| At 2018-11-30 | 2,055,063 | USD |
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 |
|---|---|---|---|
| 2019-03-01 to 2019-05-31 | 163,687 | USD | 92 |
| 2018-12-01 to 2019-05-31 | 498,329 | USD | 182 |
| 2018-03-01 to 2018-05-31 | 113,621 | USD | 92 |
| 2017-12-01 to 2018-05-31 | 170,526 | USD | 182 |
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 2019-05-31 | 32,311,887 | shares | |
| At 2018-11-30 | 32,311,887 | shares |
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 2019-05-31 | 3,031,433 | USD | |
| At 2018-11-30 | 2,994,453 | 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 2019-05-31 | 208,560 | USD | |
| At 2018-11-30 | 123,599 | USD |
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 |
|---|---|---|---|
| 2019-03-01 to 2019-05-31 | -3,754,085 | USD | 92 |
| 2018-12-01 to 2019-05-31 | -6,986,035 | USD | 182 |
| 2018-12-01 to 2019-02-28 | -3,231,950 | USD | 90 |
| 2018-03-01 to 2018-05-31 | -1,416,199 | USD | 92 |
| 2017-12-01 to 2018-05-31 | -3,467,023 | USD | 182 |
| 2017-12-01 to 2018-02-28 | -2,050,824 | USD | 90 |
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 |
|---|---|---|---|
| 2019-03-01 to 2019-05-31 | 2,127,642 | USD | 92 |
| 2018-12-01 to 2019-05-31 | 4,011,885 | USD | 182 |
| 2018-03-01 to 2018-05-31 | 1,028,030 | USD | 92 |
| 2017-12-01 to 2018-05-31 | 2,672,171 | USD | 182 |
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 |
|---|---|---|---|
| 2018-12-01 to 2019-05-31 | 4,191 | USD | 182 |
| 2017-12-01 to 2018-05-31 | 4,192 | USD | 182 |
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 |
|---|---|---|---|
| 2017-12-01 to 2018-05-31 | 24,250 | USD | 182 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-03-01 to 2019-05-31 | -1,790,130 | USD | 92 |
| 2018-12-01 to 2019-05-31 | -3,472,479 | USD | 182 |
| 2018-03-01 to 2018-05-31 | -501,790 | USD | 92 |
| 2017-12-01 to 2018-05-31 | -965,378 | USD | 182 |
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 |
|---|---|---|---|
| 2018-12-01 to 2019-05-31 | 254,184 | USD | 182 |
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 |
|---|---|---|---|
| 2018-12-01 to 2019-05-31 | 162,141 | USD | 182 |
| 2017-12-01 to 2018-05-31 | -179,726 | USD | 182 |
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 |
|---|---|---|---|
| 2018-12-01 to 2019-05-31 | 547,759 | USD | 182 |
| 2017-12-01 to 2018-05-31 | 1,419,862 | USD | 182 |
Inspect the source
- Entity
- Trident Brands Incorporated / CIK 0001421907
- Captured
- SEC response SHA-256
d600f3a67386b7e2af72e7f87b95b8d14f8aaced17e8e8fd106d0d95a46ce1b4
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
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