Skip to content

WORKHORSE GROUP INC.: 10-K filed 2012-04-04

What WORKHORSE GROUP INC. reported in its annual report filed 2012-04-04 (fiscal FY 2011): 24 published measures, 68 facts as tagged in accession 0001013762-12-000737.

This filing

Form
10-K (annual report)
Filed
2012-04-04
Fiscal period
fiscal FY 2011
Accession
0001013762-12-000737 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 WORKHORSE GROUP INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2011-12-31449,894USD
At 2010-12-31529,361USD

Stockholders equity

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

PeriodValueUnitDays
At 2011-12-31-1,556,304USD
At 2010-12-31-280,500USD
At 2009-12-31-503,712USD
At 2008-12-31-55,272USD
At 2007-12-31443,855USD

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 2011-12-3189,488USD
At 2010-12-31385,293USD
At 2009-12-31385,293USD

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
2011-01-01 to 2011-12-31-8,705,711USD365
2007-02-21 to 2011-12-31-17,098,769USD1775
2011-07-01 to 2011-09-30-2,120,795USD92
2011-01-01 to 2011-09-30-6,394,543USD273
2007-02-21 to 2011-09-30-14,787,601USD1683
2010-01-01 to 2010-12-31-5,028,106USD365
2010-07-01 to 2010-09-30-1,055,484USD92
2010-01-01 to 2010-09-30-3,075,469USD273
2009-01-01 to 2009-12-31-1,524,923USD365
2008-01-01 to 2008-12-31-1,383,884USD366
2007-02-21 to 2007-12-31-456,145USD314

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2011-01-01 to 2011-12-31156,750USD365
2007-02-21 to 2011-12-31362,834USD1775
2010-01-01 to 2010-12-3141,914USD365

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 2011-12-31182,177USD
At 2010-12-3176,171USD

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
2011-01-01 to 2011-12-312,002,891USD365
2007-02-21 to 2011-12-313,457,610USD1775
2010-01-01 to 2010-12-311,436,979USD365

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 2011-12-31267,717USD
At 2010-12-31453,190USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2011-01-01 to 2011-12-3110,585USD365
2007-02-21 to 2011-12-3126,440USD1775
2010-01-01 to 2010-12-3113,199USD365

Current liabilities

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

PeriodValueUnitDays
At 2011-12-311,936,648USD
At 2010-12-31784,608USD

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 2011-12-311,367,367USD
At 2010-12-31451,422USD

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 2011-12-315,019USD
At 2010-12-3158,042USD

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
2011-01-01 to 2011-12-318,895,746USD365
2007-02-21 to 2011-12-3117,429,511USD1775
2010-01-01 to 2010-12-315,168,813USD365

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 2011-12-31122,000USD

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 2011-12-3138,734,650shares
At 2010-12-3127,712,401shares

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 2011-12-3112,063,860USD
At 2010-12-316,647,857USD

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 2011-12-31386,063USD
At 2010-12-31224,126USD

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 2011-12-31203,886USD
At 2010-12-31147,955USD

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 2011-12-3151,210USD
At 2010-12-319,855USD

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
2011-01-01 to 2011-12-3158,037USD365
2007-02-21 to 2011-12-31229,378USD1775
2010-01-01 to 2010-12-3140,733USD365

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
2011-01-01 to 2011-12-3158,037USD365
2007-02-21 to 2011-12-31229,378USD1775
2010-01-01 to 2010-12-3140,733USD365

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
2011-01-01 to 2011-12-31-53,023USD365
2007-02-21 to 2011-12-315,019USD1775
2010-01-01 to 2010-12-3158,042USD365

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
2011-01-01 to 2011-12-31122,000USD365
2007-02-21 to 2011-12-31122,000USD1775

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
2011-01-01 to 2011-12-31915,945USD365
2007-02-21 to 2011-12-311,367,367USD1775
2010-01-01 to 2010-12-31131,981USD365

Inspect the source

Entity
WORKHORSE GROUP INC. / CIK 0001425287
Captured
2026-09-20T08:03:47.736Z
SEC response SHA-256
50dc0df726bf12c53171f6a79ac934e876a5abeb959bbc24436e006907d41e91

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

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

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

with urlopen("https://canlicapital.com/company-data/0001425287.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"])))