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Accredited Solutions, Inc.: 10-Q filed 2023-10-17

What Accredited Solutions, Inc. reported in its quarterly report filed 2023-10-17 (fiscal Q2 2023): 32 published measures, 92 facts as tagged in accession 0001477932-23-007697.

This filing

Form
10-Q (quarterly report)
Filed
2023-10-17
Fiscal period
fiscal Q2 2023
Accession
0001477932-23-007697 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 Accredited Solutions, Inc. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2023-06-30522,046USD
At 2022-12-31814,976USD

Total liabilities

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

PeriodValueUnitDays
At 2023-06-305,946,364USD
At 2022-12-314,690,423USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-06-30-5,424,318USD
At 2023-03-31-3,896,012USD
At 2022-12-31-3,875,447USD
At 2022-06-30-2,969,699USD
At 2022-03-3119,356USD
At 2021-12-3122,172USD

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
2023-04-01 to 2023-06-30-1,537,949USD91
2023-01-01 to 2023-06-30-1,769,400USD181
2023-01-01 to 2023-03-31-231,451USD90
2022-04-01 to 2022-06-301,855,069USD91
2022-01-01 to 2022-06-301,852,253USD181
2022-01-01 to 2022-03-31-2,816USD90

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 2023-06-30-43,482USD181
2022-01-01 to 2022-06-30-50,663USD181

Revenue

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

PeriodValueUnitDays
2023-04-01 to 2023-06-30222,363USD91
2023-01-01 to 2023-06-30378,601USD181
2022-04-01 to 2022-06-30113,070USD91
2022-01-01 to 2022-06-30113,070USD181

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 2023-06-3019,600USD181
2022-01-01 to 2022-06-30120,000USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-06-30-8,154,480USD
At 2022-12-31-6,385,080USD

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 2023-06-30668,201,767shares91
2023-01-01 to 2023-06-30570,616,861shares181
2022-04-01 to 2022-06-30136,160,738shares91
2022-01-01 to 2022-06-30119,423,354shares181

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 2023-06-30668,201,767shares91
2023-01-01 to 2023-06-30570,616,861shares181
2022-04-01 to 2022-06-30287,170,106shares91
2022-01-01 to 2022-06-30270,432,722shares181

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 2023-06-3069,958USD
At 2022-12-3186,446USD

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 2023-06-3048,001USD91
2023-01-01 to 2023-06-30-7,454USD181
2022-04-01 to 2022-06-30-50,929USD91
2022-01-01 to 2022-06-30-50,929USD181

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 2023-06-3049,873USD
At 2022-12-31321,315USD

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 2023-06-3046,855USD91
2023-01-01 to 2023-06-3095,195USD181
2022-04-01 to 2022-06-30171,575USD91
2022-01-01 to 2022-06-30171,575USD181

Current liabilities

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

PeriodValueUnitDays
At 2023-06-305,946,364USD
At 2022-12-314,690,423USD

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 2023-06-3071,407USD
At 2022-12-31104,939USD

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.

PeriodValueUnitDays
At 2023-06-30302,215USD
At 2022-12-31302,215USD

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 2023-06-3038,014USD
At 2022-12-3151,224USD

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 2023-06-3011,322USD91
2023-01-01 to 2023-06-3093,025USD181
2022-04-01 to 2022-06-3081,911USD91
2022-01-01 to 2022-06-3081,911USD181

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 2023-06-300USD
At 2022-12-310USD

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 2023-06-3059,323USD91
2023-01-01 to 2023-06-3085,571USD181
2022-04-01 to 2022-06-3030,982USD91
2022-01-01 to 2022-06-3030,982USD181

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 2023-06-30698,796,778shares
At 2022-12-31339,277,449shares

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 2023-06-3011,545USD
At 2022-12-3135,968USD
At 2022-06-30103,831USD
At 2021-12-3134,494USD

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 2023-06-302,051,351USD
At 2022-12-312,170,342USD

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 2023-06-30100,000USD
At 2022-12-31105,000USD

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 2023-06-30939USD
At 2022-12-313,751USD

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
2023-04-01 to 2023-06-303,071USD91
2023-01-01 to 2023-06-3076,536USD181
2022-04-01 to 2022-06-3078,057USD91
2022-01-01 to 2022-06-3078,057USD181

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
2023-01-01 to 2023-06-3016,489USD181
2022-01-01 to 2022-06-303,854USD181

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-1,423,777USD91
2023-01-01 to 2023-06-30-1,564,695USD181
2022-04-01 to 2022-06-301,906,082USD91
2022-01-01 to 2022-06-301,906,082USD181

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
2023-01-01 to 2023-06-300USD181
2022-01-01 to 2022-06-300USD181

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 2023-06-3013,210USD181
2022-01-01 to 2022-06-30-4,277USD181

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2023-01-01 to 2023-06-30-33,535USD181
2022-01-01 to 2022-06-30-11,594USD181

Inspect the source

Entity
Accredited Solutions, Inc. / CIK 0001464865
Captured
2026-09-20T09:06:43.147Z
SEC response SHA-256
c38590f5e3cc639f78a6d6a65a2575f0d892af5bcd44b85cbdf06c69514460db

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/0001464865.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"])))