VERUS INTERNATIONAL, INC.: 10-Q filed 2022-04-15
What VERUS INTERNATIONAL, INC. reported in its quarterly report filed 2022-04-15 (fiscal Q1 2022): 27 published measures, 50 facts as tagged in accession 0001493152-22-010007.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2022-04-15
- Fiscal period
- fiscal Q1 2022
- Accession
- 0001493152-22-010007 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 VERUS INTERNATIONAL, 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 2022-01-31 | 709,731 | USD | |
| At 2021-10-31 | 920,191 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2022-01-31 | 4,148,471 | USD | |
| At 2021-10-31 | 4,189,456 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2022-01-31 | -3,438,740 | USD | |
| At 2021-10-31 | -3,269,265 | USD | |
| At 2021-01-31 | 1,448,680 | USD | |
| At 2020-10-31 | 1,398,097 | 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 2022-01-31 | 24,279 | USD | |
| At 2021-10-31 | 66,022 | 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 |
|---|---|---|---|
| 2021-11-01 to 2022-01-31 | -602,689 | USD | 92 |
| 2020-11-01 to 2021-01-31 | -446,135 | USD | 92 |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-11-01 to 2022-01-31 | -161,743 | USD | 92 |
| 2020-11-01 to 2021-01-31 | -93,369 | USD | 92 |
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 |
|---|---|---|---|
| 2021-11-01 to 2022-01-31 | 120,000 | USD | 92 |
| 2020-11-01 to 2021-01-31 | 105,300 | USD | 92 |
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 2022-01-31 | -50,766,368 | USD | |
| At 2021-10-31 | -50,163,679 | USD |
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 2022-01-31 | 74,859 | USD | |
| At 2021-10-31 | 85,067 | USD |
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 |
|---|---|---|---|
| 2021-11-01 to 2022-01-31 | -221,997 | USD | 92 |
| 2020-11-01 to 2021-01-31 | -135,632 | USD | 92 |
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 2022-01-31 | 458,996 | USD | |
| At 2021-10-31 | 636,487 | USD |
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 2022-01-31 | 4,066,531 | USD | |
| At 2021-10-31 | 4,083,590 | 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 2022-01-31 | 273,118 | USD | |
| At 2021-10-31 | 303,218 | USD |
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 |
|---|---|---|---|
| 2021-11-01 to 2022-01-31 | 221,997 | USD | 92 |
| 2020-11-01 to 2021-01-31 | 135,557 | USD | 92 |
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 2022-01-31 | 145,129 | USD | |
| At 2021-10-31 | 145,129 | 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 |
|---|---|---|---|
| 2020-11-01 to 2021-01-31 | -75 | USD | 92 |
Cost of revenue
Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2020-11-01 to 2021-01-31 | 75 | USD | 92 |
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 2022-01-31 | 47,317,542 | USD | |
| At 2021-10-31 | 46,889,360 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2022-01-31 | 175,876 | USD | |
| At 2021-10-31 | 198,637 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2022-01-31 | 175,876 | USD |
Current contract liabilities
Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2022-01-31 | 453,968 | USD | |
| At 2021-10-31 | 471,219 | USD |
Pre-tax income or loss from continuing operations
Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-11-01 to 2022-01-31 | -561,655 | USD | 92 |
| 2020-11-01 to 2021-01-31 | -469,724 | USD | 92 |
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 |
|---|---|---|---|
| 2021-11-01 to 2022-01-31 | 101,541 | USD | 92 |
| 2020-11-01 to 2021-01-31 | 155,337 | USD | 92 |
Nonoperating income or expense
Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-11-01 to 2022-01-31 | -339,658 | USD | 92 |
| 2020-11-01 to 2021-01-31 | -334,092 | USD | 92 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2020-11-01 to 2021-01-31 | 18,765 | USD | 92 |
Operating lease payments
Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-11-01 to 2022-01-31 | 12,900 | USD | 92 |
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 |
|---|---|---|---|
| 2020-11-01 to 2021-01-31 | -75 | USD | 92 |
Inspect the source
- Entity
- VERUS INTERNATIONAL, INC. / CIK 0001430523
- Captured
- SEC response SHA-256
16880f121d65f56b93d9220adb8a3262bfea0deef806aee62d603e48a25d9440
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.
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Read the published dataset with Python
import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0001430523.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"])))