GBT TECHNOLOGIES INC.: 10-K filed 2019-03-28

Name: GBT TECHNOLOGIES INC.: 10-K filed 2019-03-28
Creator: GBT TECHNOLOGIES INC.

What GBT TECHNOLOGIES INC. reported in its annual report filed 2019-03-28 (fiscal FY 2018): 34 published measures, 68 facts as tagged in accession 0001615774-19-004691.

This filing

Form: 10-K (annual report)
Filed: 2019-03-28
Fiscal period: fiscal FY 2018
Accession: 0001615774-19-004691 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 2018-12-31	24,545,683	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 2018-12-31	10,029,294	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
At 2018-12-31	14,516,389	USD
At 2017-12-31	4,221,841	USD
At 2016-12-31	-803,030	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
2018-01-01 to 2018-12-31	-51,769,670	USD	365
2017-01-01 to 2017-12-31	-10,287,290	USD	365

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 2018-12-31	16,958	USD	365
2017-01-01 to 2017-12-31	78,352	USD	365

Revenue

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

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	51,569,605	USD	365
2017-01-01 to 2017-12-31	9,192,354	USD	365

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 2018-12-31	5,690,256	USD	365
2017-01-01 to 2017-12-31	1,149,607	USD	365

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 2018-12-31	-479,979	USD	365
2017-01-01 to 2017-12-31	-78,352	USD	365

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 2018-12-31	-66,151,332	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 2018-12-31	238,438	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
2018-01-01 to 2018-12-31	-45,805,500	USD	365
2017-01-01 to 2017-12-31	-7,304,794	USD	365

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 2018-12-31	6,231,628	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
2018-01-01 to 2018-12-31	5,808,836	USD	365
2017-01-01 to 2017-12-31	2,160,971	USD	365

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 2018-12-31	10,029,294	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 2018-12-31	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 2018-12-31	3,149,740	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 2018-12-31	152,118	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
2018-01-01 to 2018-12-31	47,698,341	USD	365
2017-01-01 to 2017-12-31	7,845,344	USD	365

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 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
2018-01-01 to 2018-12-31	1,892,841	USD	365
2017-01-01 to 2017-12-31	540,550	USD	365

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
2018-01-01 to 2018-12-31	49,676,764	USD	365
2017-01-01 to 2017-12-31	8,651,804	USD	365

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 2018-12-31	182,224,264	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 2018-12-31	81,306,958	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 2018-12-31	392,479	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 2018-12-31	154,041	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 2018-12-31	3,149,740	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
2018-01-01 to 2018-12-31	-51,769,670	USD	365
2017-01-01 to 2017-12-31	-10,287,290	USD	365

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
2018-01-01 to 2018-12-31	17,346,725	USD	365
2017-01-01 to 2017-12-31	3,574,296	USD	365

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 2018-12-31	106,602	USD	365
2017-01-01 to 2017-12-31	26,169	USD	365

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 2018-12-31	1,150,260	USD	365
2017-01-01 to 2017-12-31	333,333	USD	365

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
2018-01-01 to 2018-12-31	-5,964,170	USD	365
2017-01-01 to 2017-12-31	-2,982,496	USD	365

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 2018-12-31	1,500,000	USD	365
2017-01-01 to 2017-12-31	1,000,000	USD	365

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 2018-12-31	110,171	USD	365
2017-01-01 to 2017-12-31	41,947	USD	365

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 2018-12-31	262,749	USD	365
2017-01-01 to 2017-12-31	135,402	USD	365

Inspect the source

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

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/0001471781.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"])))