SMG INDUSTRIES INC.: 10-Q filed 2014-08-14
What SMG INDUSTRIES INC. reported in its quarterly report filed 2014-08-14 (fiscal Q2 2014): 24 published measures, 68 facts as tagged in accession 0001144204-14-050139.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2014-08-14
- Fiscal period
- fiscal Q2 2014
- Accession
- 0001144204-14-050139 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; a measure with a published history links to it, and the history shows the latest-filed value per period. All SMG INDUSTRIES 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 2014-06-30 | 19,350,432 | USD | |
| At 2013-12-31 | 17,386,044 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2014-06-30 | 360,835 | USD | |
| At 2013-12-31 | 1,322,506 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2014-06-30 | 18,989,597 | USD | |
| At 2013-12-31 | 16,063,538 | 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 2014-06-30 | 10,421,680 | USD | |
| At 2013-12-31 | 2,090,295 | USD | |
| At 2013-06-30 | 5,708,816 | USD | |
| At 2012-12-31 | 6,151,770 | 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 |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 1,361,792 | USD | 91 |
| 2014-01-01 to 2014-06-30 | 2,923,459 | USD | 181 |
| 2013-04-01 to 2013-06-30 | -300,072 | USD | 91 |
| 2013-01-01 to 2013-06-30 | -597,201 | 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 |
|---|---|---|---|
| 2014-01-01 to 2014-06-30 | 8,331,385 | USD | 181 |
| 2013-01-01 to 2013-06-30 | 451,692 | 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 |
|---|---|---|---|
| 2014-01-01 to 2014-06-30 | 0 | USD | 181 |
| 2013-01-01 to 2013-06-30 | -894,646 | 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 2014-06-30 | -7,521,888 | USD | |
| At 2013-12-31 | -10,445,347 | USD |
Basic weighted-average shares
Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 8,561,997 | shares | 91 |
| 2014-01-01 to 2014-06-30 | 8,561,997 | shares | 181 |
| 2013-04-01 to 2013-06-30 | 8,802,968 | shares | 91 |
| 2013-01-01 to 2013-06-30 | 8,804,298 | shares | 181 |
Diluted weighted-average shares
Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 8,562,634 | shares | 91 |
| 2014-01-01 to 2014-06-30 | 8,562,697 | shares | 181 |
| 2013-04-01 to 2013-06-30 | 8,802,968 | shares | 91 |
| 2013-01-01 to 2013-06-30 | 8,804,298 | shares | 181 |
Basic earnings per share
Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 0.16 | USD/shares | 91 |
| 2014-01-01 to 2014-06-30 | 0.34 | USD/shares | 181 |
| 2013-04-01 to 2013-06-30 | -0.03 | USD/shares | 91 |
| 2013-01-01 to 2013-06-30 | -0.07 | USD/shares | 181 |
Diluted earnings per share
Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 0.16 | USD/shares | 91 |
| 2014-01-01 to 2014-06-30 | 0.34 | USD/shares | 181 |
| 2013-04-01 to 2013-06-30 | -0.03 | USD/shares | 91 |
| 2013-01-01 to 2013-06-30 | -0.07 | USD/shares | 181 |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 28,000 | USD | 91 |
| 2014-01-01 to 2014-06-30 | 60,000 | USD | 181 |
| 2013-04-01 to 2013-06-30 | 0 | USD | 91 |
| 2013-01-01 to 2013-06-30 | 0 | USD | 181 |
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 |
|---|---|---|---|
| 2014-01-01 to 2014-06-30 | 2,600 | USD | 181 |
| 2013-01-01 to 2013-06-30 | 3,150 | USD | 181 |
Operating income or loss
Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 1,358,614 | USD | 91 |
| 2014-01-01 to 2014-06-30 | 2,917,980 | USD | 181 |
| 2013-04-01 to 2013-06-30 | -342,660 | USD | 91 |
| 2013-01-01 to 2013-06-30 | -652,845 | USD | 181 |
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 2014-06-30 | 2,428,095 | USD | |
| At 2013-12-31 | 0 | 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 |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 258,369 | USD | 91 |
| 2014-01-01 to 2014-06-30 | 550,107 | USD | 181 |
| 2013-04-01 to 2013-06-30 | 342,660 | USD | 91 |
| 2013-01-01 to 2013-06-30 | 652,845 | 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 2014-06-30 | 6,421,929 | USD | |
| At 2013-12-31 | 14,318,244 | 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 |
|---|---|---|---|
| 2014-04-01 to 2014-06-30 | 1,616,983 | USD | 91 |
| 2014-01-01 to 2014-06-30 | 3,468,087 | USD | 181 |
| 2013-04-01 to 2013-06-30 | 0 | USD | 91 |
| 2013-01-01 to 2013-06-30 | 0 | 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 2014-06-30 | 8,561,997 | shares | |
| At 2013-12-31 | 8,561,997 | shares |
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 2014-06-30 | 78,728 | USD | |
| At 2013-12-31 | 33,932 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2014-01-01 to 2014-06-30 | 0 | USD | 181 |
| 2013-01-01 to 2013-06-30 | 175 | 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 |
|---|---|---|---|
| 2014-01-01 to 2014-06-30 | 2,428,095 | USD | 181 |
| 2013-01-01 to 2013-06-30 | 0 | 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 |
|---|---|---|---|
| 2014-01-01 to 2014-06-30 | -7,896,315 | USD | 181 |
| 2013-01-01 to 2013-06-30 | 1,850 | USD | 181 |
Inspect the source
- Entity
- SMG INDUSTRIES INC. / CIK 0001426506
- Captured
- SEC response SHA-256
0f8650a01220bd7c6470bb22c7b8b0638f451b519abb5eca70b74c95bca088af
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/0001426506.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"])))