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Basanite, Inc.: 10-Q filed 2023-08-14

What Basanite, Inc. reported in its quarterly report filed 2023-08-14 (fiscal Q2 2023): 37 published measures, 103 facts as tagged in accession 0001079973-23-001153.

This filing

Form
10-Q (quarterly report)
Filed
2023-08-14
Fiscal period
fiscal Q2 2023
Accession
0001079973-23-001153 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 Basanite, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2023-06-30750,302USD
At 2022-12-31919,178USD

Total liabilities

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

PeriodValueUnitDays
At 2023-06-307,179,234USD
At 2022-12-317,325,616USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-06-30-6,130,477USD
At 2023-03-31-6,810,626USD
At 2022-12-31-6,406,438USD
At 2022-06-30-2,156,655USD
At 2022-03-31-336,847USD
At 2021-12-31181,758USD

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 2023-06-3031,919USD
At 2022-12-3130,340USD

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
2023-01-01 to 2023-06-30-1,088,305USD181
2022-01-01 to 2022-06-30-3,464,723USD181

Operating cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30-529,178USD181
2022-01-01 to 2022-06-30-81,529USD181

Capital expenditure payments

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

PeriodValueUnitDays
2022-01-01 to 2022-06-30742,832USD181

Financing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-06-30530,757USD181
2022-01-01 to 2022-06-30773,740USD181

Investing cash flow

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

PeriodValueUnitDays
2022-01-01 to 2022-06-30-742,832USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-06-30-55,181,315USD
At 2022-12-31-54,093,010USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2023-04-01 to 2023-06-30251,488,656shares91
2023-01-01 to 2023-06-30253,884,069shares181
2022-04-01 to 2022-06-30251,800,462shares91
2022-01-01 to 2022-06-30250,996,454shares181

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2023-04-01 to 2023-06-30251,488,656shares91
2023-01-01 to 2023-06-30253,884,069shares181
2022-04-01 to 2022-06-30251,800,462shares91
2022-01-01 to 2022-06-30250,996,454shares181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-0.02USD/shares91
2023-01-01 to 2023-06-30-0.04USD/shares181
2022-04-01 to 2022-06-30-0.01USD/shares91
2022-01-01 to 2022-06-30-0.01USD/shares181

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-0.02USD/shares91
2023-01-01 to 2023-06-30-0.04USD/shares181
2022-04-01 to 2022-06-30-0.01USD/shares91
2022-01-01 to 2022-06-30-0.01USD/shares181

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 2023-06-30466,195USD
At 2022-12-31530,238USD

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
2023-01-01 to 2023-06-30506,149USD181
2022-01-01 to 2022-06-30426,856USD181

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
2023-04-01 to 2023-06-30-475,781USD91
2023-01-01 to 2023-06-30-815,198USD181
2022-04-01 to 2022-06-30-1,358,830USD91
2022-01-01 to 2022-06-30-2,733,730USD181

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 2023-06-30179,929USD
At 2022-12-31235,670USD

Interest expense

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

PeriodValueUnitDays
2023-04-01 to 2023-06-30144,070USD91
2023-01-01 to 2023-06-30273,107USD181
2022-04-01 to 2022-06-30181,589USD91
2022-01-01 to 2022-06-30304,234USD181

Current liabilities

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

PeriodValueUnitDays
At 2023-06-307,170,984USD
At 2022-12-317,268,701USD

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 2023-06-301,777,783USD
At 2022-12-311,713,045USD

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 2023-06-3049,942USD
At 2022-12-3167,960USD

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
2023-04-01 to 2023-06-30535,355USD91
2023-01-01 to 2023-06-30970,139USD181
2022-04-01 to 2022-06-301,035,717USD91
2022-01-01 to 2022-06-302,083,095USD181

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
2023-04-01 to 2023-06-3059,574USD91
2023-01-01 to 2023-06-30154,941USD181
2022-04-01 to 2022-06-30-323,113USD91
2022-01-01 to 2022-06-30-650,635USD181

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
2023-04-01 to 2023-06-30535,355USD91
2023-01-01 to 2023-06-30970,139USD181
2022-04-01 to 2022-06-301,035,717USD91
2022-01-01 to 2022-06-302,083,095USD181

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 2023-06-30257,156,796shares
At 2022-12-31253,217,402shares

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 2023-06-3031,919USD
At 2022-12-3130,340USD
At 2022-06-3058,893USD
At 2021-12-31109,514USD

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 2023-06-3048,793,681USD
At 2022-12-3147,433,354USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2023-06-30931,438USD
At 2022-12-31931,438USD

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.

PeriodValueUnitDays
At 2023-06-30465,243USD
At 2022-12-31401,162USD

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.

PeriodValueUnitDays
At 2023-06-30744,461USD
At 2022-12-31438,870USD

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
2023-04-01 to 2023-06-30-619,851USD91
2023-01-01 to 2023-03-31-468,454USD90
2022-04-01 to 2022-06-30-1,944,062USD91
2022-01-01 to 2022-03-31-1,520,661USD90

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-619,851USD91
2023-01-01 to 2023-06-30-1,088,305USD181
2022-04-01 to 2022-06-30-1,944,062USD91
2022-01-01 to 2022-06-30-3,464,723USD181

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
2023-04-01 to 2023-06-3031,979USD91
2023-01-01 to 2023-06-3064,043USD181
2022-04-01 to 2022-06-3033,493USD91
2022-01-01 to 2022-06-3066,751USD181

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
2023-04-01 to 2023-06-30-144,070USD91
2023-01-01 to 2023-06-30-273,107USD181
2022-04-01 to 2022-06-30-585,232USD91
2022-01-01 to 2022-06-30-730,993USD181

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
2023-01-01 to 2023-06-30-18,018USD181
2022-01-01 to 2022-06-3016,439USD181

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
2022-01-01 to 2022-06-30-396,683USD181

Inspect the source

Entity
Basanite, Inc. / CIK 0001448705
Captured
2026-09-19T11:18:13.033Z
SEC response SHA-256
5e25bfa84363e30f9e590e17a3c3197c2761c9e60ce2167d3efbbb0c18bf831d

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/0001448705.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"])))