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XG SCIENCES INC: 10-Q filed 2021-05-24

What XG SCIENCES INC reported in its quarterly report filed 2021-05-24 (fiscal Q3 2020): 37 published measures, 103 facts as tagged in accession 0001731122-21-000935.

This filing

Form
10-Q (quarterly report)
Filed
2021-05-24
Fiscal period
fiscal Q3 2020
Accession
0001731122-21-000935 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.

PeriodValueUnitDays
At 2020-09-306,529,609USD
At 2019-12-318,542,000USD

Total liabilities

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

PeriodValueUnitDays
At 2020-09-3013,517,262USD
At 2019-12-3110,688,797USD

Stockholders equity

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

PeriodValueUnitDays
At 2020-09-30-6,987,653USD
At 2020-06-30-5,763,609USD
At 2020-03-31-4,316,536USD
At 2019-12-31-2,146,797USD
At 2019-09-3090,402USD
At 2019-06-302,387,769USD
At 2019-03-313,176,512USD
At 2018-12-314,990,719USD

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.

PeriodValueUnitDays
At 2020-09-30161,662USD
At 2019-12-311,129,702USD
At 2019-09-301,485,407USD
At 2018-12-314,893,974USD

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
2020-07-01 to 2020-09-30-1,765,380USD92
2020-01-01 to 2020-09-30-5,941,883USD274
2019-07-01 to 2019-09-30-2,570,693USD92
2019-01-01 to 2019-09-30-7,269,380USD273

Operating cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-30-3,936,166USD274
2019-01-01 to 2019-09-30-6,295,159USD273

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2020-01-01 to 2020-09-3040,350USD274
2019-01-01 to 2019-09-30360,464USD273

Revenue

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

PeriodValueUnitDays
2020-07-01 to 2020-09-30307,868USD92
2020-01-01 to 2020-09-30556,077USD274
2019-07-01 to 2019-09-30123,247USD92
2019-01-01 to 2019-09-301,227,594USD273

Financing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-303,070,045USD274
2019-01-01 to 2019-09-303,339,652USD273

Investing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-30-101,919USD274
2019-01-01 to 2019-09-30-453,060USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2020-09-30-71,523,012USD
At 2019-12-31-65,581,128USD

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.

PeriodValueUnitDays
At 2020-09-303,068,453USD
At 2019-12-313,676,142USD

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.

PeriodValueUnitDays
2020-01-01 to 2020-09-30447,867USD274
2019-01-01 to 2019-09-30338,814USD273

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.

PeriodValueUnitDays
2020-07-01 to 2020-09-30-1,529,522USD92
2020-01-01 to 2020-09-30-5,337,080USD274
2019-07-01 to 2019-09-30-2,459,694USD92
2019-01-01 to 2019-09-30-7,003,439USD273

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 2020-09-301,452,675USD
At 2019-12-312,428,009USD

Interest expense

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

PeriodValueUnitDays
2020-07-01 to 2020-09-30231,616USD92
2020-01-01 to 2020-09-30600,425USD274
2019-07-01 to 2019-09-30110,999USD92
2019-01-01 to 2019-09-30265,941USD273

Current liabilities

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

PeriodValueUnitDays
At 2020-09-301,524,988USD
At 2019-12-311,393,315USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2020-09-30687,092USD
At 2019-12-31634,564USD

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 2020-09-30313,509USD
At 2019-12-3172,227USD

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
2020-07-01 to 2020-09-301,175,753USD92
2020-01-01 to 2020-09-304,014,407USD274
2019-07-01 to 2019-09-301,647,548USD92
2019-01-01 to 2019-09-305,324,862USD273

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 2020-09-30766,516USD
At 2019-12-31891,587USD

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
2020-07-01 to 2020-09-30-353,769USD92
2020-01-01 to 2020-09-30-1,322,673USD274
2019-07-01 to 2019-09-30-812,146USD92
2019-01-01 to 2019-09-30-1,678,577USD273

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.

PeriodValueUnitDays
2020-07-01 to 2020-09-30957,777USD92
2020-01-01 to 2020-09-303,326,177USD274
2019-07-01 to 2019-09-301,266,037USD92
2019-01-01 to 2019-09-304,173,338USD273

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
2020-07-01 to 2020-09-30217,976USD92
2020-01-01 to 2020-09-30688,230USD274
2019-07-01 to 2019-09-30381,511USD92
2019-01-01 to 2019-09-301,151,524USD273

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 2020-09-303,696,943shares
At 2019-12-314,024,443shares

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 2020-09-309,517,262USD
At 2019-12-318,774,975USD

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 2020-09-301,187,539USD
At 2019-12-311,606,443USD

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 2020-09-301,392,139USD
At 2020-06-301,446,911USD
At 2019-09-301,825,690USD
At 2019-06-301,873,353USD

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.

PeriodValueUnitDays
At 2020-09-30761,292USD
At 2019-12-31753,862USD

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
2020-07-01 to 2020-09-30-1,754,557USD92
2020-04-01 to 2020-06-30-1,822,816USD91
2020-01-01 to 2020-03-31-2,351,291USD91
2019-07-01 to 2019-09-30-2,570,693USD92
2019-04-01 to 2019-06-30-2,498,511USD91
2019-01-01 to 2019-03-31-2,200,176USD90

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
2020-01-01 to 2020-09-30648,039USD274
2019-01-01 to 2019-09-30628,299USD273

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.

PeriodValueUnitDays
2020-01-01 to 2020-09-3054,140USD274
2019-01-01 to 2019-09-3047,574USD273

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.

PeriodValueUnitDays
2020-07-01 to 2020-09-30-4,242USD92
2020-01-01 to 2020-09-30-4,378USD274

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
2020-01-01 to 2020-09-3077USD274
2019-01-01 to 2019-09-30126,089USD273

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
2019-01-01 to 2019-09-302,013,400USD273

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
2020-01-01 to 2020-09-30241,282USD274
2019-01-01 to 2019-09-30-586,974USD273

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
2020-01-01 to 2020-09-30-125,071USD274
2019-01-01 to 2019-09-30194,299USD273

Inspect the source

Entity
XG SCIENCES INC / CIK 0001435375
Captured
SEC response SHA-256
0287e32b28444190c400ecf43fb4857263fb048fc6fa48fcf66507aa84bb0b8c

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.

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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/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"])))