Skip to content

TRUTANKLESS, INC.: 10-Q filed 2024-08-20

What TRUTANKLESS, INC. reported in its quarterly report filed 2024-08-20 (fiscal Q2 2024): 30 published measures, 81 facts as tagged in accession 0001477932-24-005148.

This filing

Form
10-Q (quarterly report)
Filed
2024-08-20
Fiscal period
fiscal Q2 2024
Accession
0001477932-24-005148 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 2024-06-30668,145USD
At 2023-12-31255,791USD

Total liabilities

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

PeriodValueUnitDays
At 2024-06-306,925,953USD
At 2023-12-317,702,756USD

Stockholders equity

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

PeriodValueUnitDays
At 2024-06-30-6,257,808USD
At 2024-03-31-7,492,867USD
At 2023-12-31-7,446,965USD
At 2023-06-30-6,735,408USD
At 2023-03-31-6,274,201USD
At 2022-12-31-5,552,155USD

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
2024-04-01 to 2024-06-30-1,083,601USD91
2024-01-01 to 2024-06-30-1,488,753USD182
2024-01-01 to 2024-03-31-405,152USD91
2023-04-01 to 2023-06-30-504,256USD91
2023-01-01 to 2023-06-30-1,226,337USD181

Operating cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-30-824,269USD182
2023-01-01 to 2023-06-30-761,916USD181

Revenue

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

PeriodValueUnitDays
2024-04-01 to 2024-06-3011,584USD91
2024-01-01 to 2024-06-3011,584USD182
2023-04-01 to 2023-06-30180USD91
2023-01-01 to 2023-06-30765USD181

Financing cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-30803,400USD182
2023-01-01 to 2023-06-30756,786USD181

Investing cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-300USD182
2023-01-01 to 2023-06-300USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2024-06-30-68,154,666USD
At 2023-12-31-66,665,913USD

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 2024-06-30476,943USD
At 2023-12-3126,453USD

Interest expense

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

PeriodValueUnitDays
2024-04-01 to 2024-06-30141,852USD91
2024-01-01 to 2024-06-30313,792USD182
2023-04-01 to 2023-06-30198,002USD91
2023-01-01 to 2023-06-30351,298USD181

Current liabilities

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

PeriodValueUnitDays
At 2024-06-306,330,083USD
At 2023-12-317,433,054USD

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 2024-06-300USD
At 2023-12-310USD

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
2024-04-01 to 2024-06-30786,606USD91
2024-01-01 to 2024-06-301,296,608USD182
2023-04-01 to 2023-06-30306,434USD91
2023-01-01 to 2023-06-30875,804USD181

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
2024-04-01 to 2024-06-3011,584USD91
2024-01-01 to 2024-06-3011,584USD182
2023-04-01 to 2023-06-30180USD91
2023-01-01 to 2023-06-30765USD181

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
2024-04-01 to 2024-06-30241,931USD91
2024-01-01 to 2024-06-30419,557USD182
2023-04-01 to 2023-06-3041,228USD91
2023-01-01 to 2023-06-3098,179USD181

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 2024-06-3093,326,511shares
At 2023-12-3138,773,230shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2024-06-30584USD
At 2023-12-3121,453USD
At 2022-12-3184,034USD

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 2024-06-3061,800,542USD
At 2023-12-3157,717,685USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2024-06-30165,341USD
At 2023-12-31203,477USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2024-06-30169,252USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2024-06-3013,947USD
At 2023-12-3113,947USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2024-01-01 to 2024-06-301,488,753USD182
2023-01-01 to 2023-06-301,226,337USD181

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
2024-04-01 to 2024-06-30537,175USD91
2024-01-01 to 2024-06-30841,986USD182
2023-04-01 to 2023-06-30246,502USD91
2023-01-01 to 2023-06-30734,126USD181

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.

PeriodValueUnitDays
2024-01-01 to 2024-06-300USD182
2023-01-01 to 2023-06-30130USD181

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
2024-04-01 to 2024-06-30-308,579USD91
2024-01-01 to 2024-06-30-203,729USD182
2023-04-01 to 2023-06-30-198,002USD91
2023-01-01 to 2023-06-30-351,298USD181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2024-01-01 to 2024-06-3021,794USD182
2023-01-01 to 2023-06-3032,189USD181

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.

PeriodValueUnitDays
2024-01-01 to 2024-06-300USD182
2023-01-01 to 2023-06-300USD181

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
2024-01-01 to 2024-06-3015,000USD182
2023-01-01 to 2023-06-300USD181

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
2024-01-01 to 2024-06-300USD182
2023-01-01 to 2023-06-30150USD181

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.

Research methodology · Execution and cost assumptions · Check backtest overfitting

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/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"])))