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TRUTANKLESS, INC.: 10-Q filed 2024-11-14

What TRUTANKLESS, INC. reported in its quarterly report filed 2024-11-14 (fiscal Q3 2024): 33 published measures, 95 facts as tagged in accession 0001477932-24-007237.

This filing

Form
10-Q (quarterly report)
Filed
2024-11-14
Fiscal period
fiscal Q3 2024
Accession
0001477932-24-007237 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 2024-09-302,697,138USD
At 2023-12-31255,791USD

Total liabilities

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

PeriodValueUnitDays
At 2024-09-307,731,588USD
At 2023-12-317,702,756USD

Stockholders equity

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

PeriodValueUnitDays
At 2024-09-30-5,034,450USD
At 2024-06-30-6,257,808USD
At 2024-03-31-7,492,867USD
At 2023-12-31-7,446,965USD
At 2023-09-30-6,747,120USD
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
2024-07-01 to 2024-09-30-3,420,112USD92
2024-01-01 to 2024-09-30-4,908,865USD274
2024-04-01 to 2024-06-30-1,083,601USD91
2024-01-01 to 2024-03-31-405,152USD91
2023-07-01 to 2023-09-30-732,490USD92
2023-01-01 to 2023-09-30-1,958,827USD273
2023-04-01 to 2023-06-30-504,256USD91
2023-01-01 to 2023-03-31-722,081USD90

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 2024-09-30-1,668,634USD274
2023-01-01 to 2023-09-30-1,243,739USD273

Revenue

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

PeriodValueUnitDays
2024-07-01 to 2024-09-30179,701USD92
2024-01-01 to 2024-09-30191,285USD274
2023-07-01 to 2023-09-302,704USD92
2023-01-01 to 2023-09-303,469USD273

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 2024-09-301,681,900USD274
2023-01-01 to 2023-09-301,238,900USD273

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 2024-09-300USD274
2023-01-01 to 2023-09-300USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2024-09-30-71,574,778USD
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 2024-09-302,523,144USD
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
2024-07-01 to 2024-09-30100,100USD92
2024-01-01 to 2024-09-30413,892USD274
2023-07-01 to 2023-09-30135,149USD92
2023-01-01 to 2023-09-30486,447USD273

Current liabilities

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

PeriodValueUnitDays
At 2024-09-307,006,334USD
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 2024-09-3083,046USD
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
2024-07-01 to 2024-09-302,120,243USD92
2024-01-01 to 2024-09-303,416,851USD274
2023-07-01 to 2023-09-30589,820USD92
2023-01-01 to 2023-09-301,465,624USD273

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 2024-09-3084,036USD
At 2023-12-310USD

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
2024-07-01 to 2024-09-3064,221USD92
2024-01-01 to 2024-09-3075,805USD274
2023-07-01 to 2023-09-30-7,521USD92
2023-01-01 to 2023-09-30-6,756USD273

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
2024-07-01 to 2024-09-30136,124USD92
2024-01-01 to 2024-09-30555,681USD274
2023-07-01 to 2023-09-30129,374USD92
2023-01-01 to 2023-09-30227,553USD273

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 2024-09-30113,008,178shares
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 2024-09-3034,719USD
At 2023-12-3121,453USD
At 2023-09-3079,195USD
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 2024-09-3066,427,320USD
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 2024-09-30148,133USD
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 2024-09-30151,396USD

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 2024-09-3013,947USD
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 2024-09-304,908,865USD274
2023-01-01 to 2023-09-301,958,827USD273

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
2024-07-01 to 2024-09-30123,578USD92
2024-01-01 to 2024-09-30965,564USD274
2023-07-01 to 2023-09-30375,746USD92
2023-01-01 to 2023-09-301,109,872USD273

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 2024-09-300USD274
2023-01-01 to 2023-09-30102USD273

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2024-07-01 to 2024-09-300USD92
2024-01-01 to 2024-09-300USD274
2023-07-01 to 2023-09-300USD92
2023-01-01 to 2023-09-300USD273

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
2024-07-01 to 2024-09-30-1,364,090USD92
2024-01-01 to 2024-09-30-1,567,819USD274
2023-07-01 to 2023-09-30-135,149USD92
2023-01-01 to 2023-09-30-486,447USD273

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 2024-09-3049,218USD274
2023-01-01 to 2023-09-3032,189USD273

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 2024-09-300USD274
2023-01-01 to 2023-09-300USD273

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 2024-09-30122,500USD274
2023-01-01 to 2023-09-300USD273

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 2024-09-3083,046USD274
2023-01-01 to 2023-09-30150USD273

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
2024-01-01 to 2024-09-3084,036USD274
2023-01-01 to 2023-09-30-10,225USD273

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.

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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"])))