United Cannabis Corp: 10-Q filed 2017-11-16

Name: United Cannabis Corp: 10-Q filed 2017-11-16
Creator: United Cannabis Corp
License: https://creativecommons.org/licenses/by/4.0/

What United Cannabis Corp reported in its quarterly report filed 2017-11-16 (fiscal Q3 2017): 36 published measures, 87 facts as tagged in accession 0001553350-17-001248.

This filing

Form: 10-Q (quarterly report)
Filed: 2017-11-16
Fiscal period: fiscal Q3 2017
Accession: 0001553350-17-001248 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 United Cannabis Corp 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 2017-09-30	6,194,722	USD
At 2016-12-31	284,153	USD

Total liabilities

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

Period	Value	Unit	Days
At 2017-09-30	1,036,414	USD
At 2016-12-31	760,812	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2017-09-30	5,154,515	USD
At 2016-12-31	-476,659	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
At 2017-09-30	647,697	USD
At 2016-12-31	112,621	USD
At 2016-09-30	14,813	USD
At 2015-12-31	118,420	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
2017-07-01 to 2017-09-30	-572,792	USD	92
2017-01-01 to 2017-09-30	-3,487,541	USD	273
2016-07-01 to 2016-09-30	-296,575	USD	92
2016-01-01 to 2016-09-30	-962,953	USD	274

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
2017-01-01 to 2017-09-30	-1,037,264	USD	273
2016-01-01 to 2016-09-30	-258,607	USD	274

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
2017-01-01 to 2017-09-30	261,560	USD	273

Revenue

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

Period	Value	Unit	Days
2017-07-01 to 2017-09-30	102,660	USD	92
2017-01-01 to 2017-09-30	456,470	USD	273
2016-07-01 to 2016-09-30	264,964	USD	92
2016-01-01 to 2016-09-30	707,660	USD	274

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
2017-01-01 to 2017-09-30	1,664,951	USD	273
2016-01-01 to 2016-09-30	155,000	USD	274

Investing cash flow

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

Period	Value	Unit	Days
2017-01-01 to 2017-09-30	-92,611	USD	273

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 2017-09-30	-12,849,876	USD
At 2016-12-31	-9,362,333	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 2017-09-30	321,283	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
2017-01-01 to 2017-09-30	2,117,302	USD	273
2016-01-01 to 2016-09-30	118,160	USD	274

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
2017-07-01 to 2017-09-30	-646,947	USD	92
2017-01-01 to 2017-09-30	-3,285,549	USD	273
2016-07-01 to 2016-09-30	79,340	USD	92
2016-01-01 to 2016-09-30	-91,162	USD	274

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 2017-09-30	746,778	USD
At 2016-12-31	163,880	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
2017-07-01 to 2017-09-30	6,759	USD	92
2017-01-01 to 2017-09-30	54,432	USD	273
2016-07-01 to 2016-09-30	40,044	USD	92
2016-01-01 to 2016-09-30	153,438	USD	274

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 2017-09-30	892,664	USD
At 2016-12-31	557,062	USD

Current accounts payable

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

Period	Value	Unit	Days
At 2017-09-30	86,477	USD
At 2016-12-31	25,048	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit	Days
At 2017-09-30	4,912,201	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 2017-09-30	25,700	USD
At 2016-12-31	24,484	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
2017-07-01 to 2017-09-30	723,381	USD	92
2017-01-01 to 2017-09-30	3,503,792	USD	273
2016-07-01 to 2016-09-30	116,811	USD	92
2016-01-01 to 2016-09-30	546,272	USD	274

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 2017-09-30	36,098	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
2017-07-01 to 2017-09-30	76,434	USD	92
2017-01-01 to 2017-09-30	218,243	USD	273
2016-07-01 to 2016-09-30	196,151	USD	92
2016-01-01 to 2016-09-30	455,110	USD	274

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
2017-07-01 to 2017-09-30	26,226	USD	92
2017-01-01 to 2017-09-30	238,227	USD	273
2016-07-01 to 2016-09-30	68,813	USD	92
2016-01-01 to 2016-09-30	252,550	USD	274

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
2017-07-01 to 2017-09-30	40,611	USD	92
2017-01-01 to 2017-09-30	90,006	USD	273
2016-07-01 to 2016-09-30	4,371	USD	92
2016-01-01 to 2016-09-30	17,732	USD	274

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
At 2017-09-30	60,210,502	shares
At 2016-12-31	50,650,994	shares
At 2014-03-26	43,620,000	shares

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit	Days
At 2017-09-30	5,158,308	USD
At 2016-12-31	-476,659	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2017-09-30	26,299	USD
At 2016-12-31	0	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 2017-09-30	73,043	USD
At 2016-12-31	32,273	USD

Other noncurrent liabilities

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

Period	Value	Unit	Days
At 2017-09-30	75,000	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2017-09-30	38,244	USD
At 2016-12-31	50,875	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
2017-07-01 to 2017-09-30	-653,706	USD	92
2017-01-01 to 2017-09-30	-3,729,687	USD	273
2016-07-01 to 2016-09-30	-296,575	USD	92
2016-01-01 to 2016-09-30	-962,953	USD	274

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.

Period	Value	Unit	Days
2017-07-01 to 2017-09-30	-653,706	USD	92
2017-01-01 to 2017-09-30	-3,729,687	USD	273
2016-07-01 to 2016-09-30	-296,575	USD	92
2016-01-01 to 2016-09-30	-962,953	USD	274

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
2017-01-01 to 2017-09-30	1,380,204	USD	273

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
2017-01-01 to 2017-09-30	1,216	USD	273
2016-01-01 to 2016-09-30	279	USD	274

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
2017-01-01 to 2017-09-30	36,098	USD	273

Inspect the source

Entity: United Cannabis Corp / CIK 0001436161
Captured: 2026-09-22 19:48 UTC
SEC response SHA-256: 48d2cf35c378d7ddbc82b8ab99896844e6c2319227f83514b6d1f1fba0fbfac9

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/0001436161.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"])))