LEATT CORPORATION: 10-Q filed 2015-11-10

Name: LEATT CORPORATION: 10-Q filed 2015-11-10
Creator: LEATT CORPORATION

What LEATT CORPORATION reported in its quarterly report filed 2015-11-10 (fiscal Q3 2015): 36 published measures, 104 facts as tagged in accession 0001062993-15-005887.

This filing

Form: 10-Q (quarterly report)
Filed: 2015-11-10
Fiscal period: fiscal Q3 2015
Accession: 0001062993-15-005887 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 LEATT CORPORATION 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 2015-09-30	10,025,282	USD
At 2014-12-31	11,203,560	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2015-09-30	7,641,733	USD
At 2014-12-31	7,177,078	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 2015-09-30	647,191	USD
At 2014-12-31	724,707	USD
At 2014-09-30	820,371	USD
At 2013-12-31	835,012	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
2015-07-01 to 2015-09-30	178,966	USD	92
2015-01-01 to 2015-09-30	657,008	USD	273
2014-07-01 to 2014-09-30	-263,191	USD	92
2014-01-01 to 2014-09-30	-633,911	USD	273

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
2015-01-01 to 2015-09-30	855,835	USD	273
2014-01-01 to 2014-09-30	1,023,866	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
2015-07-01 to 2015-09-30	4,655,450	USD	92
2015-01-01 to 2015-09-30	13,869,961	USD	273
2014-07-01 to 2014-09-30	3,468,761	USD	92
2014-01-01 to 2014-09-30	11,159,630	USD	273

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
2015-01-01 to 2015-09-30	-557,703	USD	273
2014-01-01 to 2014-09-30	-797,548	USD	273

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
2015-01-01 to 2015-09-30	-236,578	USD	273
2014-01-01 to 2014-09-30	-192,787	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 2015-09-30	765,373	USD
At 2014-12-31	108,365	USD

Basic weighted-average shares

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

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	5,231,823	shares	92
2015-01-01 to 2015-09-30	5,211,370	shares	273
2014-07-01 to 2014-09-30	5,200,623	shares	92
2014-01-01 to 2014-09-30	5,200,623	shares	273

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.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	5,542,844	shares	92
2015-01-01 to 2015-09-30	5,522,391	shares	273
2014-07-01 to 2014-09-30	5,200,623	shares	92
2014-01-01 to 2014-09-30	5,200,623	shares	273

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.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	0.03	USD/shares	92
2015-01-01 to 2015-09-30	0.13	USD/shares	273
2014-07-01 to 2014-09-30	-0.05	USD/shares	92
2014-01-01 to 2014-09-30	-0.12	USD/shares	273

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.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	0.03	USD/shares	92
2015-01-01 to 2015-09-30	0.12	USD/shares	273
2014-07-01 to 2014-09-30	-0.05	USD/shares	92
2014-01-01 to 2014-09-30	-0.12	USD/shares	273

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	179,585	USD	92
2015-01-01 to 2015-09-30	390,770	USD	273
2014-07-01 to 2014-09-30	250	USD	92
2014-01-01 to 2014-09-30	130	USD	273

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 2015-09-30	903,888	USD
At 2014-12-31	995,537	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
2015-01-01 to 2015-09-30	1,478	USD	273
2014-01-01 to 2014-09-30	2,427	USD	273

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
2015-07-01 to 2015-09-30	339,711	USD	92
2015-01-01 to 2015-09-30	1,020,957	USD	273
2014-07-01 to 2014-09-30	-262,027	USD	92
2014-01-01 to 2014-09-30	-638,461	USD	273

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 2015-09-30	8,917,221	USD
At 2014-12-31	9,898,720	USD

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 2015-09-30	2,295,946	USD
At 2014-12-31	3,938,014	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 2015-09-30	3,708,170	USD
At 2014-12-31	4,239,298	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
2015-07-01 to 2015-09-30	2,189,083	USD	92
2015-01-01 to 2015-09-30	6,588,527	USD	273
2014-07-01 to 2014-09-30	2,211,411	USD	92
2014-01-01 to 2014-09-30	6,863,813	USD	273

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 2015-09-30	3,646,222	USD
At 2014-12-31	3,403,854	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
2015-07-01 to 2015-09-30	2,453,526	USD	92
2015-01-01 to 2015-09-30	7,462,015	USD	273
2014-07-01 to 2014-09-30	1,884,301	USD	92
2014-01-01 to 2014-09-30	6,089,006	USD	273

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
2015-07-01 to 2015-09-30	2,201,924	USD	92
2015-01-01 to 2015-09-30	6,407,946	USD	273
2014-07-01 to 2014-09-30	1,584,460	USD	92
2014-01-01 to 2014-09-30	5,070,624	USD	273

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
2015-07-01 to 2015-09-30	298,200	USD	92
2015-01-01 to 2015-09-30	884,583	USD	273
2014-07-01 to 2014-09-30	288,904	USD	92
2014-01-01 to 2014-09-30	903,231	USD	273

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 2015-09-30	5,231,823	shares
At 2014-12-31	5,200,623	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 2015-09-30	7,346,782	USD
At 2014-12-31	7,314,136	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2015-09-30	-603,462	USD
At 2014-12-31	-378,431	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 2015-09-30	67,294	USD
At 2014-12-31	81,323	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2015-09-30	439,044	USD
At 2014-12-31	994,003	USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	40,826	USD	92
2015-01-01 to 2015-09-30	431,977	USD	273
2014-07-01 to 2014-09-30	-365,426	USD	92
2014-01-01 to 2014-09-30	-727,091	USD	273

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.

Period	Value	Unit	Days
2015-07-01 to 2015-09-30	435,517	USD	92
2015-01-01 to 2015-09-30	1,349,849	USD	273
2014-07-01 to 2014-09-30	565,004	USD	92
2014-01-01 to 2014-09-30	1,611,242	USD	273

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
2015-07-01 to 2015-09-30	18,840	USD	92
2015-01-01 to 2015-09-30	26,821	USD	273
2014-07-01 to 2014-09-30	-914	USD	92
2014-01-01 to 2014-09-30	4,680	USD	273

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2015-01-01 to 2015-09-30	-865	USD	273
2014-01-01 to 2014-09-30	-380	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
2015-01-01 to 2015-09-30	-486,462	USD	273
2014-01-01 to 2014-09-30	-1,665,497	USD	273

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
2015-01-01 to 2015-09-30	448,362	USD	273
2014-01-01 to 2014-09-30	45,399	USD	273

Inspect the source

Entity: LEATT CORPORATION / CIK 0001456189
Captured: 2026-09-20T09:06:02.796Z
SEC response SHA-256: 56476d26e618131a39b56b56cf16686eca3018fd653c12cee87826f1ae10c4e8

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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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001456189.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"])))