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WORKHORSE GROUP INC.: 10-K filed 2018-03-14

What WORKHORSE GROUP INC. reported in its annual report filed 2018-03-14 (fiscal FY 2017): 34 published measures, 85 facts as tagged in accession 0001213900-18-002957.

This filing

Form
10-K (annual report)
Filed
2018-03-14
Fiscal period
fiscal FY 2017
Accession
0001213900-18-002957 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 2017-12-3116,118,857USD
At 2016-12-3110,239,793USD

Stockholders equity

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

PeriodValueUnitDays
At 2017-12-312,489,121USD
At 2016-12-313,816,974USD
At 2015-12-31-3,783,135USD

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 2017-12-314,069,477USD
At 2016-12-31469,570USD
At 2015-12-317,677,163USD

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
2017-10-01 to 2017-12-31-12,455,703USD92
2017-01-01 to 2017-12-31-42,239,231USD365
2017-07-01 to 2017-09-30-12,663,222USD92
2017-04-01 to 2017-06-30-9,199,700USD91
2017-01-01 to 2017-03-31-7,920,606USD90
2016-10-01 to 2016-12-31-6,977,167USD92
2016-01-01 to 2016-12-31-19,555,868USD366
2016-07-01 to 2016-09-30-5,262,859USD92
2016-04-01 to 2016-06-30-2,935,830USD91
2016-01-01 to 2016-03-31-4,380,012USD91

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2017-01-01 to 2017-12-31-38,662,541USD365
2016-01-01 to 2016-12-31-19,034,163USD366

Capital expenditure payments

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

PeriodValueUnitDays
2017-01-01 to 2017-12-31143,355USD365
2016-01-01 to 2016-12-31528,095USD366

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2017-01-01 to 2017-12-3142,405,803USD365
2016-01-01 to 2016-12-3112,354,665USD366

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2017-01-01 to 2017-12-31-143,355USD365
2016-01-01 to 2016-12-31-528,095USD366

Retained earnings or deficit

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

PeriodValueUnitDays
At 2017-12-31-105,312,444USD
At 2016-12-31-63,073,213USD

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 2017-12-315,596,013USD
At 2016-12-316,002,631USD

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
2017-01-01 to 2017-12-311,433,192USD365
2016-01-01 to 2016-12-31799,552USD366

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 2017-12-3110,310,840USD
At 2016-12-313,916,668USD

Interest expense

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

PeriodValueUnitDays
2017-01-01 to 2017-12-31180,437USD365
2016-01-01 to 2016-12-3144,036USD366

Current liabilities

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

PeriodValueUnitDays
At 2017-12-317,157,355USD
At 2016-12-314,334,390USD

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 2017-12-315,539,864USD
At 2016-12-313,121,518USD

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 2017-12-311,013,423USD
At 2016-12-31628,700USD

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
2017-01-01 to 2017-12-3128,388,391USD365
2016-01-01 to 2016-12-3112,348,370USD366

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 2017-12-314,236,506USD
At 2016-12-312,464,835USD

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
2017-10-01 to 2017-12-31-6,137,345USD92
2017-01-01 to 2017-12-31-13,670,403USD365
2017-07-01 to 2017-09-30-4,273,082USD92
2017-04-01 to 2017-06-30-725,925USD91
2017-01-01 to 2017-03-31-2,534,051USD90
2016-10-01 to 2016-12-31-3,607,646USD92
2016-01-01 to 2016-12-31-7,163,462USD366
2016-07-01 to 2016-09-30-2,267,364USD92
2016-04-01 to 2016-06-30-1,060,075USD91
2016-01-01 to 2016-03-31-228,377USD91

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
2017-01-01 to 2017-12-3124,516,863USD365
2016-01-01 to 2016-12-3113,578,262USD366

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2017-01-01 to 2017-12-3110,328,211USD365
2016-01-01 to 2016-12-316,202,569USD366

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
2017-01-01 to 2017-12-3118,060,180USD365
2016-01-01 to 2016-12-316,145,801USD366

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 2017-12-3141,529,181shares
At 2016-12-3127,578,864shares

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 2017-12-31107,760,036USD
At 2016-12-3166,862,608USD

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 2017-12-312,091,379USD
At 2016-12-312,167,950USD

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 2017-12-317,691,584USD
At 2016-12-317,548,229USD

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 2017-12-312,095,571USD
At 2016-12-311,545,598USD

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 2017-12-311,126,675USD
At 2016-12-31802,240USD

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 2017-12-31946,134USD
At 2016-12-31255,163USD

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 2017-12-3119,600,000USD

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
2017-01-01 to 2017-12-31549,973USD365
2016-01-01 to 2016-12-31381,823USD366

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
2017-01-01 to 2017-12-31223,133USD365
2016-01-01 to 2016-12-311,047,594USD366

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
2017-01-01 to 2017-12-311,771,671USD365
2016-01-01 to 2016-12-312,464,835USD366

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
2017-01-01 to 2017-12-313,777,320USD365
2016-01-01 to 2016-12-312,449,556USD366

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.

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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"])))