Skip to content

Basanite, Inc.: 10-Q filed 2018-01-26

What Basanite, Inc. reported in its quarterly report filed 2018-01-26 (fiscal Q2 2017): 34 published measures, 84 facts as tagged in accession 0001553350-18-000078.

This filing

Form
10-Q (quarterly report)
Filed
2018-01-26
Fiscal period
fiscal Q2 2017
Accession
0001553350-18-000078 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 2017-06-302,549,811USD
At 2016-12-31886,864USD
At 2016-06-30347,055USD

Stockholders equity

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

PeriodValueUnitDays
At 2017-06-30-334,599USD
At 2016-12-31-2,017,673USD

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 2017-06-30530,309USD
At 2016-12-3188,338USD
At 2016-06-3014,264USD
At 2015-12-3150,243USD

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
2017-04-01 to 2017-06-30-471,978USD91
2017-01-01 to 2017-06-30-1,271,385USD181
2016-04-01 to 2016-06-30-404,598USD91
2016-01-01 to 2016-06-30-1,916,079USD182

Operating cash flow

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

PeriodValueUnitDays
2017-01-01 to 2017-06-30-2,104,758USD181
2016-01-01 to 2016-06-30-311,555USD182

Revenue

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

PeriodValueUnitDays
2017-01-01 to 2017-06-3037,909USD181
2016-01-01 to 2016-06-30191,296USD182

Financing cash flow

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

PeriodValueUnitDays
2017-01-01 to 2017-06-302,546,729USD181
2016-01-01 to 2016-06-30277,737USD182

Investing cash flow

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

PeriodValueUnitDays
2016-01-01 to 2016-06-30-2,161USD182

Retained earnings or deficit

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

PeriodValueUnitDays
At 2017-06-30-13,561,574USD
At 2016-12-31-12,290,189USD

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 2017-06-302,098USD
At 2016-12-31227,397USD

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
2017-04-01 to 2017-06-30-448,671USD91
2017-01-01 to 2017-06-30-994,047USD181
2016-04-01 to 2016-06-30-331,890USD91
2016-01-01 to 2016-06-30-1,757,943USD182

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 2017-06-30941,247USD
At 2016-12-31149,810USD

Interest expense

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

PeriodValueUnitDays
2017-04-01 to 2017-06-3023,307USD91
2017-01-01 to 2017-06-3056,010USD181
2016-04-01 to 2016-06-3072,708USD91
2016-01-01 to 2016-06-30158,136USD182

Current liabilities

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

PeriodValueUnitDays
At 2017-06-302,796,210USD
At 2016-12-312,904,537USD

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 2017-06-30431,607USD
At 2016-12-31346,523USD

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
2017-04-01 to 2017-06-30442,646USD91
2017-01-01 to 2017-06-30991,547USD181
2016-04-01 to 2016-06-30384,567USD91
2016-01-01 to 2016-06-301,854,659USD182

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 2017-06-30400,000USD
At 2016-12-3111,916USD

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
2017-04-01 to 2017-06-30-6,025USD91
2017-01-01 to 2017-06-30-2,500USD181
2016-04-01 to 2016-06-3052,677USD91
2016-01-01 to 2016-06-3096,716USD182

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 2017-06-30121,610,880shares
At 2016-12-3197,680,261shares

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 2017-06-3013,105,364USD
At 2016-12-3110,174,836USD

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.

PeriodValueUnitDays
At 2017-06-30-246,399USD
At 2016-12-31-2,017,673USD

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 2017-06-3031,499USD
At 2016-12-31331,499USD

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 2017-06-3029,401USD
At 2016-12-31104,102USD

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 2017-06-30472,466USD

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 2017-06-301,137,096USD
At 2016-12-311,058,446USD

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.

PeriodValueUnitDays
2017-04-01 to 2017-06-30-471,978USD91
2017-01-01 to 2017-06-30-1,271,385USD181
2016-04-01 to 2016-06-30-404,598USD91
2016-01-01 to 2016-06-30-1,916,079USD182

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.

PeriodValueUnitDays
2017-04-01 to 2017-06-3096,974USD91
2017-01-01 to 2017-06-30302,073USD181
2016-04-01 to 2016-06-3088,639USD91
2016-01-01 to 2016-06-30750,157USD182

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
2017-01-01 to 2017-06-3016,368USD181
2016-01-01 to 2016-06-3032,692USD182

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
2017-01-01 to 2017-06-3016,368USD181
2016-01-01 to 2016-06-3032,692USD182

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
2017-01-01 to 2017-06-3024,794USD181

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
2017-04-01 to 2017-06-30-23,307USD91
2017-01-01 to 2017-06-30-277,338USD181
2016-04-01 to 2016-06-30-72,708USD91
2016-01-01 to 2016-06-30-158,136USD182

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
2017-01-01 to 2017-06-302,241,178USD181
2016-01-01 to 2016-06-30240,000USD182

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
2017-01-01 to 2017-06-30-8,835USD181
2016-01-01 to 2016-06-3010,764USD182

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
2017-01-01 to 2017-06-30396,919USD181
2016-01-01 to 2016-06-30-5,077USD182

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.

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/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"])))