TRUTANKLESS, INC.: 10-Q filed 2018-11-08
What TRUTANKLESS, INC. reported in its quarterly report filed 2018-11-08 (fiscal Q3 2018): 29 published measures, 78 facts as tagged in accession 0001393905-18-000321.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2018-11-08
- Fiscal period
- fiscal Q3 2018
- Accession
- 0001393905-18-000321 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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2018-09-30 | 731,905 | USD | |
| At 2018-06-30 | 702,345 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2018-09-30 | 2,371,682 | USD | |
| At 2018-06-30 | 2,135,977 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2018-09-30 | -1,639,777 | USD | |
| At 2018-06-30 | -1,433,632 | 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 2018-09-30 | 39,881 | USD | |
| At 2017-12-31 | 78,599 | USD | |
| At 2017-09-30 | 128,880 | USD | |
| At 2016-12-31 | 87,134 | 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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | -890,827 | USD | 92 |
| 2018-01-01 to 2018-09-30 | -2,007,057 | USD | 273 |
| 2017-07-01 to 2017-09-30 | -371,907 | USD | 92 |
| 2017-01-01 to 2017-09-30 | -1,466,480 | USD | 273 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | 892 | USD | 273 |
| 2017-01-01 to 2017-09-30 | 0 | USD | 273 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 351,413 | USD | 92 |
| 2018-01-01 to 2018-09-30 | 1,130,798 | USD | 273 |
| 2017-07-01 to 2017-09-30 | 131,364 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 389,503 | USD | 273 |
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 2018-09-30 | 990,532 | USD | 273 |
| 2017-01-01 to 2017-09-30 | 979,577 | USD | 273 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | -892 | USD | 273 |
| 2017-01-01 to 2017-09-30 | 0 | 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 2018-09-30 | -26,004,192 | USD | |
| At 2018-06-30 | -23,997,135 | 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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 31,338,076 | shares | 92 |
| 2018-01-01 to 2018-09-30 | 30,008,817 | shares | 273 |
| 2017-07-01 to 2017-09-30 | 24,439,233 | shares | 92 |
| 2017-01-01 to 2017-09-30 | 25,086,788 | 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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | -0.03 | USD/shares | 92 |
| 2018-01-01 to 2018-09-30 | -0.07 | USD/shares | 273 |
| 2017-07-01 to 2017-09-30 | -0.02 | USD/shares | 92 |
| 2017-01-01 to 2017-09-30 | -0.06 | USD/shares | 273 |
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 2018-09-30 | 1,400 | USD | |
| At 2018-06-30 | 1,223 | USD |
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 2018-09-30 | 714,448 | USD | |
| At 2018-06-30 | 683,539 | 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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 188,872 | USD | 92 |
| 2018-01-01 to 2018-09-30 | 445,580 | USD | 273 |
| 2017-07-01 to 2017-09-30 | 90,557 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 351,468 | USD | 273 |
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 2018-09-30 | 2,099,069 | USD | |
| At 2018-06-30 | 1,984,618 | 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 2018-09-30 | 311,083 | USD | |
| At 2018-06-30 | 129,246 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | 0 | USD | 273 |
| 2017-01-01 to 2017-09-30 | 84,000 | 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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 748,987 | USD | 92 |
| 2018-01-01 to 2018-09-30 | 1,654,462 | USD | 273 |
| 2017-07-01 to 2017-09-30 | 307,029 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 1,209,082 | 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 2018-09-30 | 82,684 | USD | |
| At 2018-06-30 | 157,487 | 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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 47,032 | USD | 92 |
| 2018-01-01 to 2018-09-30 | 92,985 | USD | 273 |
| 2017-07-01 to 2017-09-30 | 25,679 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 94,070 | USD | 273 |
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 |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 121,572 | USD | 92 |
| 2018-01-01 to 2018-09-30 | 126,058 | USD | 273 |
| 2017-07-01 to 2017-09-30 | 48,223 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 134,942 | USD | 273 |
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 2018-09-30 | 23,959,615 | USD | |
| At 2018-06-30 | 21,986,722 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-07-01 to 2018-09-30 | 366,933 | USD | 92 |
| 2018-01-01 to 2018-09-30 | 1,014,306 | USD | 273 |
| 2017-07-01 to 2017-09-30 | 86,520 | USD | 92 |
| 2017-01-01 to 2017-09-30 | 628,422 | USD | 273 |
Income taxes paid, net
Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | 0 | USD | 273 |
| 2017-01-01 to 2017-09-30 | 0 | USD | 273 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | 722,500 | USD | 273 |
| 2017-01-01 to 2017-09-30 | 609,978 | 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 |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | 181,837 | USD | 273 |
| 2017-01-01 to 2017-09-30 | -32,612 | 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 |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | -74,803 | USD | 273 |
| 2017-01-01 to 2017-09-30 | 54,979 | USD | 273 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-01-01 to 2018-09-30 | 199,198 | USD | 273 |
| 2017-01-01 to 2017-09-30 | 73,612 | USD | 273 |
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
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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"])))