SMG INDUSTRIES INC.: 10-Q filed 2014-11-14
What SMG INDUSTRIES INC. reported in its quarterly report filed 2014-11-14 (fiscal Q3 2014): 21 published measures, 62 facts as tagged in accession 0001144204-14-068037.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2014-11-14
- Fiscal period
- fiscal Q3 2014
- Accession
- 0001144204-14-068037 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 2014-09-30 | 20,340,182 | 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 2014-09-30 | 335,765 | 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 2014-09-30 | 20,004,417 | 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 2014-09-30 | 17,404,684 | USD | |
| At 2013-12-31 | 2,090,295 | USD | |
| At 2013-09-30 | 10,355,871 | 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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 1,013,469 | USD | 92 |
| 2014-01-01 to 2014-09-30 | 3,936,929 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 1,021,598 | USD | 92 |
| 2013-01-01 to 2013-09-30 | 424,398 | USD | 273 |
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 2014-09-30 | -6,508,418 | 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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 8,561,997 | shares | 92 |
| 2014-01-01 to 2014-09-30 | 8,561,997 | shares | 273 |
| 2013-07-01 to 2013-09-30 | 8,802,242 | shares | 92 |
| 2013-01-01 to 2013-09-30 | 8,803,605 | shares | 273 |
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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 8,562,719 | shares | 92 |
| 2014-01-01 to 2014-09-30 | 8,562,697 | shares | 273 |
| 2013-07-01 to 2013-09-30 | 8,834,242 | shares | 92 |
| 2013-01-01 to 2013-09-30 | 8,823,004 | shares | 273 |
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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 0.12 | USD/shares | 92 |
| 2014-01-01 to 2014-09-30 | 0.46 | USD/shares | 273 |
| 2013-07-01 to 2013-09-30 | 0.12 | USD/shares | 92 |
| 2013-01-01 to 2013-09-30 | 0.05 | USD/shares | 273 |
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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 0.12 | USD/shares | 92 |
| 2014-01-01 to 2014-09-30 | 0.46 | USD/shares | 273 |
| 2013-07-01 to 2013-09-30 | 0.12 | USD/shares | 92 |
| 2013-01-01 to 2013-09-30 | 0.05 | USD/shares | 273 |
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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 15,500 | USD | 92 |
| 2014-01-01 to 2014-09-30 | 75,500 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 10,000 | USD | 92 |
| 2013-01-01 to 2013-09-30 | 10,000 | USD | 273 |
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 2014-09-30 | 3,950 | USD | 273 |
| 2013-01-01 to 2013-09-30 | 4,900 | USD | 273 |
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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 1,022,574 | USD | 92 |
| 2014-01-01 to 2014-09-30 | 3,940,554 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 975,693 | USD | 92 |
| 2013-01-01 to 2013-09-30 | 322,848 | USD | 273 |
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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 252,924 | USD | 92 |
| 2014-01-01 to 2014-09-30 | 803,031 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 286,743 | USD | 92 |
| 2013-01-01 to 2013-09-30 | 939,588 | USD | 273 |
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 2014-09-30 | 2,878,673 | 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 |
|---|---|---|---|
| 2014-07-01 to 2014-09-30 | 1,275,498 | USD | 92 |
| 2014-01-01 to 2014-09-30 | 4,743,585 | USD | 273 |
| 2013-07-01 to 2013-09-30 | 1,262,436 | USD | 92 |
| 2013-01-01 to 2013-09-30 | 1,262,436 | USD | 273 |
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 2014-09-30 | 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 2014-09-30 | 56,825 | 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 2014-09-30 | 0 | USD | 273 |
| 2013-01-01 to 2013-09-30 | 597 | USD | 273 |
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 2014-09-30 | 0 | USD | 273 |
| 2013-01-01 to 2013-09-30 | 668,531 | USD | 273 |
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 2014-09-30 | -11,439,571 | USD | 273 |
| 2013-01-01 to 2013-09-30 | -5,151,837 | USD | 273 |
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
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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"])))