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WORKHORSE GROUP INC.: 10-Q filed 2018-11-07

What WORKHORSE GROUP INC. reported in its quarterly report filed 2018-11-07 (fiscal Q3 2018): 33 published measures, 85 facts as tagged in accession 0001213900-18-015019.

This filing

Form
10-Q (quarterly report)
Filed
2018-11-07
Fiscal period
fiscal Q3 2018
Accession
0001213900-18-015019 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 2018-09-3014,165,228USD
At 2017-12-3116,504,293USD

Stockholders equity

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

PeriodValueUnitDays
At 2018-09-301,990,862USD
At 2017-12-313,511,564USD

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 2018-09-302,994,368USD
At 2017-12-314,069,477USD
At 2017-09-309,839,977USD
At 2016-12-31469,570USD

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
2018-07-01 to 2018-09-30-5,485,553USD92
2018-01-01 to 2018-09-30-18,812,656USD273
2017-07-01 to 2017-09-30-12,412,088USD92
2017-01-01 to 2017-09-30-29,511,394USD273

Operating cash flow

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

PeriodValueUnitDays
2018-01-01 to 2018-09-30-17,325,894USD273
2017-01-01 to 2017-09-30-28,282,856USD273

Capital expenditure payments

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

PeriodValueUnitDays
2018-01-01 to 2018-09-30131,318USD273
2017-01-01 to 2017-09-3085,576USD273

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2018-07-01 to 2018-09-3010,997USD92
2018-01-01 to 2018-09-30741,910USD273
2017-07-01 to 2017-09-303,066,000USD92
2017-01-01 to 2017-09-304,888,037USD273

Financing cash flow

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

PeriodValueUnitDays
2018-01-01 to 2018-09-3016,377,303USD273
2017-01-01 to 2017-09-3037,604,346USD273

Investing cash flow

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

PeriodValueUnitDays
2018-01-01 to 2018-09-30-126,518USD273
2017-01-01 to 2017-09-3048,917USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2018-09-30-123,867,836USD
At 2017-12-31-104,290,001USD

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 2018-09-305,442,000USD
At 2017-12-315,596,013USD

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
2018-01-01 to 2018-09-30803,226USD273
2017-01-01 to 2017-09-301,076,120USD273

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 2018-09-308,512,215USD
At 2017-12-3110,696,276USD

Interest expense

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

PeriodValueUnitDays
2018-07-01 to 2018-09-30734,542USD92
2018-01-01 to 2018-09-301,786,591USD273
2017-07-01 to 2017-09-3026,891USD92
2017-01-01 to 2017-09-3084,394USD273

Current liabilities

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

PeriodValueUnitDays
At 2018-09-3012,174,366USD
At 2017-12-3111,282,848USD

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 2018-09-302,912,747USD
At 2017-12-314,311,135USD

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 2018-09-301,708USD
At 2017-12-311,013,423USD

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
2018-07-01 to 2018-09-304,812,600USD92
2018-01-01 to 2018-09-3014,448,292USD273
2017-07-01 to 2017-09-307,893,115USD92
2017-01-01 to 2017-09-3021,448,942USD273

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 2018-09-304,938,353USD
At 2017-12-314,621,942USD

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
2018-07-01 to 2018-09-30-1,465,825USD92
2018-01-01 to 2018-09-30-4,105,187USD273
2017-07-01 to 2017-09-30-4,492,082USD92
2017-01-01 to 2017-09-30-7,978,058USD273

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
2018-07-01 to 2018-09-301,476,822USD92
2018-01-01 to 2018-09-304,847,097USD273
2017-07-01 to 2017-09-307,558,082USD92
2017-01-01 to 2017-09-3012,866,095USD273

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
2018-07-01 to 2018-09-303,363,103USD92
2018-01-01 to 2018-09-308,766,452USD273
2017-07-01 to 2017-09-302,808,696USD92
2017-01-01 to 2017-09-307,309,868USD273

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
2018-07-01 to 2018-09-301,449,497USD92
2018-01-01 to 2018-09-305,681,840USD273
2017-07-01 to 2017-09-305,084,419USD92
2017-01-01 to 2017-09-3014,139,074USD273

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 2018-09-3056,270,934shares
At 2017-12-3141,529,181shares

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 2018-09-30125,802,427USD
At 2017-12-31107,760,036USD

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 2018-09-304,777,916USD

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 2018-09-302,311,024USD
At 2017-12-312,095,571USD

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 2018-09-302,060,811USD
At 2017-12-311,718,397USD

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 2018-09-30536,411USD
At 2017-12-31946,134USD

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.

PeriodValueUnitDays
2018-07-01 to 2018-09-30-5,485,553USD92
2018-01-01 to 2018-09-30-19,577,835USD273
2017-07-01 to 2017-09-30-12,412,088USD92
2017-01-01 to 2017-09-30-29,511,394USD273

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
2018-01-01 to 2018-09-30251,886USD273
2017-01-01 to 2017-09-30415,163USD273

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
2018-01-01 to 2018-09-30-1,016,631USD273
2017-01-01 to 2017-09-30-403,700USD273

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
2018-01-01 to 2018-09-30316,411USD273
2017-01-01 to 2017-09-305,003,498USD273

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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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"])))