XG SCIENCES INC: 10-Q filed 2016-05-16

Name: XG SCIENCES INC: 10-Q filed 2016-05-16
Creator: XG SCIENCES INC
License: https://creativecommons.org/licenses/by/4.0/

What XG SCIENCES INC reported in its quarterly report filed 2016-05-16 (fiscal Q1 2016): 26 published measures, 51 facts as tagged in accession 0001615774-16-005462.

This filing

Form: 10-Q (quarterly report)
Filed: 2016-05-16
Fiscal period: fiscal Q1 2016
Accession: 0001615774-16-005462 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 XG SCIENCES 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 2016-03-31	5,172,316	USD
At 2015-12-31	5,898,010	USD

Total liabilities

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

Period	Value	Unit	Days
At 2016-03-31	10,596,355	USD
At 2015-12-31	9,969,634	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2016-03-31	-5,424,039	USD
At 2015-12-31	-4,071,624	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
2016-01-01 to 2016-03-31	-1,552,149	USD	91
2015-01-01 to 2015-03-31	-2,079,885	USD	90

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
2016-01-01 to 2016-03-31	13,873	USD	91
2015-01-01 to 2015-03-31	29,152	USD	90

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 2016-03-31	-44,923,517	USD
At 2015-12-31	-43,371,368	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 2016-03-31	3,553,382	USD
At 2015-12-31	3,753,248	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2016-01-01 to 2016-03-31	114,063	USD	91
2015-01-01 to 2015-03-31	122,079	USD	90

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
2016-01-01 to 2016-03-31	-1,582,266	USD	91
2015-01-01 to 2015-03-31	-1,689,812	USD	90

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 2016-03-31	994,065	USD
At 2015-12-31	1,537,767	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
2016-01-01 to 2016-03-31	83,801	USD	91
2015-01-01 to 2015-03-31	510,827	USD	90

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 2016-03-31	2,128,811	USD
At 2015-12-31	1,379,988	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 2016-03-31	22,067	USD
At 2015-12-31	54,413	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
2016-01-01 to 2016-03-31	1,312,570	USD	91
2015-01-01 to 2015-03-31	1,429,513	USD	90

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 2016-03-31	215,673	USD
At 2015-12-31	229,034	USD

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2016-01-01 to 2016-03-31	1,096,220	USD	91
2015-01-01 to 2015-03-31	1,046,864	USD	90

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
2016-01-01 to 2016-03-31	216,350	USD	91
2015-01-01 to 2015-03-31	382,649	USD	90

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.

Period	Value	Unit	Days
At 2016-03-31	836,544	shares
At 2015-12-31	836,544	shares

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 2016-03-31	5,905,137	USD
At 2015-12-31	5,791,074	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2016-03-31	429,590	USD
At 2015-12-31	411,789	USD

Depreciation, depletion and amortization

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

Period	Value	Unit	Days
2016-01-01 to 2016-03-31	213,739	USD	91
2015-01-01 to 2015-03-31	213,768	USD	90

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2016-01-01 to 2016-03-31	7,035	USD	91
2015-01-01 to 2015-03-31	7,035	USD	90

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
2016-01-01 to 2016-03-31	30,117	USD	91
2015-01-01 to 2015-03-31	-390,073	USD	90

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
2015-01-01 to 2015-03-31	14,000	USD	90

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
2016-01-01 to 2016-03-31	-32,346	USD	91
2015-01-01 to 2015-03-31	12,033	USD	90

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
2016-01-01 to 2016-03-31	-13,361	USD	91
2015-01-01 to 2015-03-31	87,478	USD	90

Inspect the source

Entity: XG SCIENCES INC / CIK 0001435375
Captured: 2026-09-22 19:48 UTC
SEC response SHA-256: 0287e32b28444190c400ecf43fb4857263fb048fc6fa48fcf66507aa84bb0b8c

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001435375.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"])))