GBT TECHNOLOGIES INC.: 10-Q filed 2018-11-14

Name: GBT TECHNOLOGIES INC.: 10-Q filed 2018-11-14
Creator: GBT TECHNOLOGIES INC.

What GBT TECHNOLOGIES INC. reported in its quarterly report filed 2018-11-14 (fiscal Q3 2018): 35 published measures, 88 facts as tagged in accession 0001615774-18-012657.

This filing

Form: 10-Q (quarterly report)
Filed: 2018-11-14
Fiscal period: fiscal Q3 2018
Accession: 0001615774-18-012657 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 GBT TECHNOLOGIES INC. 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 2018-09-30	15,999,843	USD
At 2017-12-31	9,492,105	USD

Total liabilities

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

Period	Value	Unit	Days
At 2018-09-30	9,594,412	USD
At 2017-12-31	5,270,264	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2018-09-30	6,405,431	USD
At 2017-12-31	4,221,841	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
2018-07-01 to 2018-09-30	-24,839,740	USD	92
2018-01-01 to 2018-09-30	-46,442,467	USD	273
2017-07-01 to 2017-09-30	-5,940,727	USD	92
2017-01-01 to 2017-09-30	-7,516,294	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
2018-01-01 to 2018-09-30	-2,842,007	USD	273
2017-01-01 to 2017-09-30	-215,405	USD	273

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
2018-01-01 to 2018-09-30	33,208	USD	273
2017-01-01 to 2017-09-30	13,021	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
2018-07-01 to 2018-09-30	15,536,196	USD	92
2018-01-01 to 2018-09-30	36,907,212	USD	273
2017-07-01 to 2017-09-30	4,471,626	USD	92
2017-01-01 to 2017-09-30	4,561,626	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
2018-01-01 to 2018-09-30	2,555,619	USD	273
2017-01-01 to 2017-09-30	250,000	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
2018-01-01 to 2018-09-30	-496,229	USD	273
2017-01-01 to 2017-09-30	-13,021	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 2018-09-30	-60,824,129	USD
At 2017-12-31	-14,381,662	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 2018-09-30	281,476	USD
At 2017-12-31	263,082	USD

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
2018-07-01 to 2018-09-30	-21,685,304	USD	92
2018-01-01 to 2018-09-30	-42,670,774	USD	273
2017-07-01 to 2017-09-30	-5,639,924	USD	92
2017-01-01 to 2017-09-30	-6,141,496	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 2018-09-30	1,715,664	USD
At 2017-12-31	1,609,758	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
2018-07-01 to 2018-09-30	160,726	USD	92
2018-01-01 to 2018-09-30	289,737	USD	273
2017-07-01 to 2017-09-30	180,844	USD	92
2017-01-01 to 2017-09-30	1,700,663	USD	273

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 2018-09-30	6,994,412	USD
At 2017-12-31	2,670,264	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 2018-09-30	925,877	USD
At 2017-12-31	950,619	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2018-09-30	3,270,474	USD
At 2017-12-31	6,666,667	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 2018-09-30	856,244	USD
At 2017-12-31	41,947	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
2018-07-01 to 2018-09-30	22,529,250	USD	92
2018-01-01 to 2018-09-30	44,261,783	USD	273
2017-07-01 to 2017-09-30	5,937,176	USD	92
2017-01-01 to 2017-09-30	6,528,748	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 2018-09-30	287,975	USD
At 2017-12-31	262,749	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
2018-07-01 to 2018-09-30	843,946	USD	92
2018-01-01 to 2018-09-30	1,591,009	USD	273
2017-07-01 to 2017-09-30	297,252	USD	92
2017-01-01 to 2017-09-30	387,252	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
2018-07-01 to 2018-09-30	14,692,250	USD	92
2018-01-01 to 2018-09-30	35,316,203	USD	273
2017-07-01 to 2017-09-30	4,174,374	USD	92
2017-01-01 to 2017-09-30	4,174,374	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 2018-09-30	158,038,132	shares
At 2017-12-31	58,215,406	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 2018-09-30	67,869,039	USD
At 2017-12-31	19,243,959	USD

Gross property, plant and equipment

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

Period	Value	Unit	Days
At 2018-09-30	408,729	USD
At 2017-12-31	310,521	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 2018-09-30	127,253	USD
At 2017-12-31	47,439	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 2018-09-30	3,270,474	USD
At 2017-12-31	6,666,667	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
2018-07-01 to 2018-09-30	-24,839,740	USD	92
2018-01-01 to 2018-09-30	-46,442,467	USD	273
2017-07-01 to 2017-09-30	-5,940,727	USD	92
2017-01-01 to 2017-09-30	-7,516,294	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
2018-07-01 to 2018-09-30	3,540,659	USD	92
2018-01-01 to 2018-09-30	14,035,900	USD	273
2017-07-01 to 2017-09-30	1,850,055	USD	92
2017-01-01 to 2017-09-30	2,323,713	USD	273

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.

Period	Value	Unit	Days
2018-01-01 to 2018-09-30	79,814	USD	273
2017-01-01 to 2017-09-30	6,538	USD	273

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.

Period	Value	Unit	Days
2018-01-01 to 2018-09-30	1,029,526	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
2018-07-01 to 2018-09-30	-3,154,436	USD	92
2018-01-01 to 2018-09-30	-3,771,693	USD	273
2017-07-01 to 2017-09-30	-300,803	USD	92
2017-01-01 to 2017-09-30	-1,374,798	USD	273

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
2018-01-01 to 2018-09-30	1,500,000	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
2018-01-01 to 2018-09-30	-814,297	USD	273
2017-01-01 to 2017-09-30	-734,164	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
2018-01-01 to 2018-09-30	-25,226	USD	273
2017-01-01 to 2017-09-30	-50,977	USD	273

Inspect the source

Entity: GBT TECHNOLOGIES INC. / CIK 0001471781
Captured: 2026-09-20T09:07:33.224Z
SEC response SHA-256: 8c4ffd13fb2797973eadb62a1c009df9846cdbd6d942a5939f04105bc47a09ef

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import json
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with urlopen("https://canlicapital.com/company-data/0001471781.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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