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TRUTANKLESS, INC.: 10-Q filed 2018-08-17

What TRUTANKLESS, INC. reported in its quarterly report filed 2018-08-17 (fiscal Q2 2018): 31 published measures, 81 facts as tagged in accession 0001393905-18-000255.

This filing

Form
10-Q (quarterly report)
Filed
2018-08-17
Fiscal period
fiscal Q2 2018
Accession
0001393905-18-000255 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 TRUTANKLESS, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2018-06-30765,685USD
At 2017-12-31702,345USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2018-06-302,432,399USD
At 2017-12-312,135,977USD

Stockholders equity

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

PeriodValueUnitDays
At 2018-06-30-1,666,714USD
At 2017-12-31-1,433,632USD

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 2018-06-3064,400USD
At 2017-12-3178,599USD
At 2017-06-3015,655USD
At 2016-12-3187,134USD

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
2018-04-01 to 2018-06-30-721,478USD91
2018-01-01 to 2018-06-30-1,116,230USD181
2017-04-01 to 2017-06-30-620,191USD91
2017-01-01 to 2017-06-30-1,094,573USD181

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 2018-06-30-738,516USD181
2017-01-01 to 2017-06-30-830,124USD181

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 2018-06-30892USD181

Revenue

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

PeriodValueUnitDays
2018-04-01 to 2018-06-30354,339USD91
2018-01-01 to 2018-06-30779,385USD181
2017-04-01 to 2017-06-30142,831USD91
2017-01-01 to 2017-06-30258,139USD181

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 2018-06-30725,209USD181
2017-01-01 to 2017-06-30758,595USD181

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 2018-06-30-892USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2018-06-30-25,113,365USD
At 2017-12-31-23,997,135USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2018-04-01 to 2018-06-3028,779,902shares91
2018-01-01 to 2018-06-3028,127,392shares181
2017-04-01 to 2017-06-3024,143,855shares91
2017-01-01 to 2017-06-3024,689,356shares181

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.

PeriodValueUnitDays
2018-04-01 to 2018-06-30-0.03USD/shares91
2018-01-01 to 2018-06-30-0.04USD/shares181
2017-04-01 to 2017-06-30-0.03USD/shares91
2017-01-01 to 2017-06-30-0.04USD/shares181

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 2018-06-301,704USD
At 2017-12-311,223USD

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 2018-06-30748,867USD
At 2017-12-31683,539USD

Interest expense

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

PeriodValueUnitDays
2018-04-01 to 2018-06-30148,185USD91
2018-01-01 to 2018-06-30256,708USD181
2017-04-01 to 2017-06-30127,875USD91
2017-01-01 to 2017-06-30260,911USD181

Current liabilities

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

PeriodValueUnitDays
At 2018-06-302,205,268USD
At 2017-12-311,984,618USD

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 2018-06-30245,234USD
At 2017-12-31129,246USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

PeriodValueUnitDays
2017-01-01 to 2017-06-3084,000USD181

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
2018-04-01 to 2018-06-30515,647USD91
2018-01-01 to 2018-06-30905,475USD181
2017-04-01 to 2017-06-30509,344USD91
2017-01-01 to 2017-06-30902,053USD181

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 2018-06-3029,931USD
At 2017-12-31157,487USD

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
2018-04-01 to 2018-06-30-57,646USD91
2018-01-01 to 2018-06-3045,953USD181
2017-04-01 to 2017-06-3017,028USD91
2017-01-01 to 2017-06-3068,391USD181

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
2018-04-01 to 2018-06-304,486USD91
2018-01-01 to 2018-06-304,486USD181
2017-04-01 to 2017-06-3034,570USD91
2017-01-01 to 2017-06-3086,719USD181

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 2018-06-3030,310,902shares
At 2017-12-3127,924,842shares

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 2018-06-3023,158,265USD
At 2017-12-3121,986,722USD

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2018-04-01 to 2018-06-30372,339USD91
2018-01-01 to 2018-06-30647,373USD181
2017-04-01 to 2017-06-30367,950USD91
2017-01-01 to 2017-06-30541,902USD181

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2018-04-01 to 2018-06-30-148,185USD91
2018-01-01 to 2018-06-30-256,708USD181
2017-04-01 to 2017-06-30-127,875USD91
2017-01-01 to 2017-06-30-260,911USD181

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2018-01-01 to 2018-06-30510,000USD181
2017-01-01 to 2017-06-30375,009USD181

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 2018-06-30-115,988USD181
2017-01-01 to 2017-06-30-206USD181

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 2018-06-30127,556USD181
2017-01-01 to 2017-06-30-155,372USD181

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
2018-01-01 to 2018-06-30142,029USD181
2017-01-01 to 2017-06-3058,483USD181

Inspect the source

Entity
TRUTANKLESS, INC. / CIK 0001429393
Captured
2026-09-20T09:02:21.212Z
SEC response SHA-256
e3f3203b950ecdbe2c99ab4058a8b62368454934183e5c49f5199e716da0093e

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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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/0001429393.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"])))