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WORKHORSE GROUP INC.: 10-K filed 2014-04-15

What WORKHORSE GROUP INC. reported in its annual report filed 2014-04-15 (fiscal FY 2013): 26 published measures, 75 facts as tagged in accession 0001013762-14-000406.

This filing

Form
10-K (annual report)
Filed
2014-04-15
Fiscal period
fiscal FY 2013
Accession
0001013762-14-000406 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 2013-12-314,850,997USD
At 2012-12-31220,693USD

Stockholders equity

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

PeriodValueUnitDays
At 2013-12-31-1,906,471USD
At 2013-09-30-936,853USD
At 2012-12-31-2,580,033USD
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 2013-12-317,020USD
At 2013-06-30146,344USD
At 2012-12-3139,819USD
At 2012-09-3015,148USD
At 2012-06-3034,011USD
At 2011-12-3189,488USD

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
2013-01-01 to 2013-12-31-6,110,554USD365
2007-02-20 to 2013-12-31-27,481,812USD2507
2012-01-01 to 2012-12-31-4,272,489USD366
2011-01-01 to 2011-12-31-8,705,711USD365
2010-01-01 to 2010-12-31-5,028,106USD365
2009-01-01 to 2009-12-31-1,524,923USD365
2008-01-01 to 2008-12-31-1,383,884USD366
2007-02-20 to 2007-12-31-456,145USD315

Capital expenditure payments

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

PeriodValueUnitDays
2013-01-01 to 2013-12-3163USD365
2007-02-20 to 2013-12-31376,713USD2507
2012-01-01 to 2012-12-3128,753USD366

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 2013-12-314,407,261USD
At 2012-12-31126,847USD

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
2013-01-01 to 2013-12-311,392,370USD365
2007-02-20 to 2013-12-315,188,833USD2507
2012-01-01 to 2012-12-31338,853USD366

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 2013-12-31443,736USD
At 2012-12-3193,846USD

Interest expense

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

PeriodValueUnitDays
2013-01-01 to 2013-12-31258,261USD365
2007-02-20 to 2013-12-31515,588USD2507
2012-01-01 to 2012-12-31230,887USD366

Current liabilities

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

PeriodValueUnitDays
At 2013-12-314,464,578USD
At 2012-12-312,438,540USD

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 2013-12-311,546,388USD
At 2012-12-311,253,228USD

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
2013-01-01 to 2013-12-316,288,054USD365
2007-02-20 to 2013-12-3128,262,152USD2507
2012-01-01 to 2012-12-314,544,587USD366

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 2013-12-31392,750USD
At 2012-12-3141,002USD

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.

PeriodValueUnitDays
2013-01-01 to 2013-12-312,892,000USD365
2007-02-20 to 2013-12-3114,538,000USD2507
2012-01-01 to 2012-12-312,077,000USD366

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 2013-12-3182,711,524shares
At 2012-12-3155,955,463shares

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 2013-12-3120,321,536USD
At 2012-12-3114,956,547USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2013-12-312,631,115USD
At 2012-12-31592,942USD

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 2013-12-314,982,088USD
At 2012-12-31382,025USD

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 2013-12-31574,827USD
At 2012-12-31255,178USD

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 2013-12-3143,967USD
At 2012-12-3113,025USD

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 2013-12-316,426,000USD

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
2013-01-01 to 2013-12-31319,649USD365
2007-02-20 to 2013-12-31612,656USD2507
2012-01-01 to 2012-12-3163,629USD366

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
2013-01-01 to 2013-12-31319,649USD365
2007-02-20 to 2013-12-31612,656USD2507
2012-01-01 to 2012-12-3163,629USD366

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
2012-01-01 to 2012-12-31-5,019USD366

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
2013-01-01 to 2013-12-31-48,252USD365
2007-02-20 to 2013-12-31-7,250USD2507
2012-01-01 to 2012-12-31-80,998USD366

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
2013-01-01 to 2013-12-31293,160USD365
2007-02-20 to 2013-12-312,060,024USD2507
2012-01-01 to 2012-12-31399,497USD366

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.

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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"])))