WORKHORSE GROUP INC.: 10-Q filed 2018-08-06
What WORKHORSE GROUP INC. reported in its quarterly report filed 2018-08-06 (fiscal Q2 2018): 33 published measures, 84 facts as tagged in accession 0001213900-18-010278.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2018-08-06
- Fiscal period
- fiscal Q2 2018
- Accession
- 0001213900-18-010278 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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2018-06-30 | 11,603,618 | USD | |
| At 2017-12-31 | 16,504,293 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2018-06-30 | -5,155,869 | USD | |
| At 2017-12-31 | 3,511,564 | 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 2018-06-30 | 586,441 | USD | |
| At 2017-12-31 | 4,069,477 | USD | |
| At 2017-06-30 | 5,420,876 | USD | |
| At 2016-12-31 | 469,570 | 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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | -6,909,297 | USD | 91 |
| 2018-01-01 to 2018-06-30 | -13,327,103 | USD | 181 |
| 2017-04-01 to 2017-06-30 | -9,178,700 | USD | 91 |
| 2017-01-01 to 2017-06-30 | -17,099,306 | USD | 181 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | -7,577,673 | USD | 181 |
| 2017-01-01 to 2017-06-30 | -19,739,197 | USD | 181 |
Capital expenditure payments
Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2017-01-01 to 2017-06-30 | 70,576 | USD | 181 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 170,684 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 730,913 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 252,000 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 1,822,037 | USD | 181 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | 4,094,637 | USD | 181 |
| 2017-01-01 to 2017-06-30 | 24,636,096 | USD | 181 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-06-30 | 54,407 | USD | 181 |
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 2018-06-30 | -118,382,283 | USD | |
| At 2017-12-31 | -104,290,001 | 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 2018-06-30 | 5,443,488 | USD | |
| At 2017-12-31 | 5,596,013 | 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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | 548,263 | USD | 181 |
| 2017-01-01 to 2017-06-30 | 654,525 | USD | 181 |
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 2018-06-30 | 5,938,773 | USD | |
| At 2017-12-31 | 10,696,276 | 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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 526,162 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 1,052,049 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 21,852 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 57,503 | USD | 181 |
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 2018-06-30 | 15,067,143 | USD | |
| At 2017-12-31 | 11,282,848 | 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 2018-06-30 | 5,844,614 | USD | |
| At 2017-12-31 | 4,311,135 | 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 2018-06-30 | 165,197 | USD | |
| At 2017-12-31 | 1,013,423 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 4,897,914 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 9,635,692 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 8,412,923 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 13,555,827 | USD | 181 |
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 2018-06-30 | 4,964,669 | USD | |
| At 2017-12-31 | 4,621,942 | 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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | -1,485,221 | USD | 91 |
| 2018-01-01 to 2018-06-30 | -2,639,362 | USD | 181 |
| 2017-04-01 to 2017-06-30 | -743,925 | USD | 91 |
| 2017-01-01 to 2017-06-30 | -3,485,976 | USD | 181 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 1,655,905 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 3,370,275 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 995,925 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 5,308,013 | USD | 181 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 3,003,202 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 5,403,349 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 2,601,590 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 4,501,172 | USD | 181 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 1,894,712 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 4,232,343 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 5,811,333 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 9,054,655 | USD | 181 |
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 2018-06-30 | 45,003,219 | shares | |
| At 2017-12-31 | 41,529,181 | shares |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2018-06-30 | 113,181,411 | USD | |
| At 2017-12-31 | 107,760,036 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2018-06-30 | 8,374,608 | USD | |
| At 2017-12-31 | 6,853,878 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2018-06-30 | 2,248,107 | USD | |
| At 2017-12-31 | 2,095,571 | USD |
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 2018-06-30 | 2,061,308 | USD | |
| At 2017-12-31 | 1,718,397 | 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 2018-06-30 | 181,091 | USD | |
| At 2017-12-31 | 946,134 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | -7,674,476 | USD | 91 |
| 2018-01-01 to 2018-06-30 | -14,092,282 | USD | 181 |
| 2017-04-01 to 2017-06-30 | -9,178,700 | USD | 91 |
| 2017-01-01 to 2017-06-30 | -17,099,306 | USD | 181 |
Depreciation, depletion and amortization
Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | 152,525 | USD | 181 |
| 2017-01-01 to 2017-06-30 | 269,028 | USD | 181 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | -842,798 | USD | 181 |
| 2017-01-01 to 2017-06-30 | -358,700 | USD | 181 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | 342,727 | USD | 181 |
| 2017-01-01 to 2017-06-30 | 7,001,453 | USD | 181 |
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.
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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"])))