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XMAX INC.: 10-Q filed 2023-11-14

What XMAX INC. reported in its quarterly report filed 2023-11-14 (fiscal Q3 2023): 47 published measures, 130 facts as tagged in accession 0001493152-23-041292.

This filing

Form
10-Q (quarterly report)
Filed
2023-11-14
Fiscal period
fiscal Q3 2023
Accession
0001493152-23-041292 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 XMAX INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2023-09-308,517,578USD
At 2022-12-3111,533,496USD

Total liabilities

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

PeriodValueUnitDays
At 2023-09-304,570,480USD
At 2022-12-314,921,666USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-09-303,947,098USD
At 2023-06-304,844,131USD
At 2022-12-316,611,830USD
At 2022-09-3014,440,618USD
At 2022-06-3016,874,002USD
At 2021-12-3123,444,188USD

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 2023-09-30749,009USD
At 2022-12-311,374,167USD

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
2023-07-01 to 2023-09-30-1,288,629USD92
2023-01-01 to 2023-09-30-3,049,525USD273
2022-07-01 to 2022-09-30-1,712,992USD92
2022-01-01 to 2022-09-30-8,302,546USD273

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 2023-09-301,520,147USD273
2022-01-01 to 2022-09-30-3,453,559USD273

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2022-01-01 to 2022-09-305,771USD273

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2023-07-01 to 2023-09-302,476,134USD92
2023-01-01 to 2023-09-308,813,128USD273
2022-07-01 to 2022-09-303,016,104USD92
2022-01-01 to 2022-09-3010,495,097USD273

Investing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-09-30-2,437,727USD273
2022-01-01 to 2022-09-30-5,771USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-09-30-39,756,078USD
At 2022-12-31-36,706,553USD

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
2023-07-01 to 2023-09-301,547,423shares92
2023-01-01 to 2023-09-301,484,358shares273
2022-07-01 to 2022-09-301,386,586shares92
2022-01-01 to 2022-09-301,377,043shares273

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
2023-07-01 to 2023-09-301,547,423shares92
2023-01-01 to 2023-09-301,484,358shares273
2022-07-01 to 2022-09-301,386,586shares92
2022-01-01 to 2022-09-301,377,043shares273

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.

PeriodValueUnitDays
2023-07-01 to 2023-09-30-0.83USD/shares92
2023-01-01 to 2023-09-30-2.05USD/shares273
2022-07-01 to 2022-09-30-1.24USD/shares92
2022-01-01 to 2022-09-30-6.03USD/shares273

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.

PeriodValueUnitDays
2023-07-01 to 2023-09-30-0.83USD/shares92
2023-01-01 to 2023-09-30-2.05USD/shares273
2022-07-01 to 2022-09-30-1.24USD/shares92
2022-01-01 to 2022-09-30-6.03USD/shares273

Income tax expense or benefit

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

PeriodValueUnitDays
2023-07-01 to 2023-09-30147,371USD92
2023-01-01 to 2023-09-30149,771USD273

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 2023-09-30297,366USD
At 2022-12-31368,624USD

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.

PeriodValueUnitDays
2023-01-01 to 2023-09-30290,655USD273
2022-01-01 to 2022-09-30486,880USD273

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
2023-07-01 to 2023-09-30-1,050,937USD92
2023-01-01 to 2023-09-30-2,612,784USD273
2022-07-01 to 2022-09-30-953,998USD92
2022-01-01 to 2022-09-30-7,451,072USD273

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 2023-09-303,642,498USD
At 2022-12-318,200,306USD

Current liabilities

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

PeriodValueUnitDays
At 2023-09-302,351,248USD
At 2022-12-311,642,677USD

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 2023-09-30488,229USD
At 2022-12-31321,261USD

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 2023-09-30218,606USD
At 2022-12-31218,606USD

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 2023-09-3068,511USD
At 2022-12-31288,478USD

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
2023-07-01 to 2023-09-302,115,498USD92
2023-01-01 to 2023-09-305,785,987USD273
2022-07-01 to 2022-09-302,091,741USD92
2022-01-01 to 2022-09-306,568,966USD273

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 2023-09-301,904,380USD
At 2022-12-314,932,642USD

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
2023-07-01 to 2023-09-301,064,561USD92
2023-01-01 to 2023-09-303,173,203USD273
2022-07-01 to 2022-09-301,137,743USD92
2022-01-01 to 2022-09-30-882,106USD273

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.

PeriodValueUnitDays
2023-07-01 to 2023-09-301,411,573USD92
2023-01-01 to 2023-09-305,639,925USD273
2022-07-01 to 2022-09-301,878,361USD92
2022-01-01 to 2022-09-3011,377,203USD273

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 2023-09-301,555,580shares
At 2022-12-311,434,815shares

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.

PeriodValueUnitDays
At 2023-09-30172,662USD
At 2022-12-3177,242USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2023-09-302,080,010USD
At 2022-12-312,660,977USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2023-09-302,138,111USD

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 2023-09-30643,536USD
At 2022-12-31669,270USD

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 2023-09-30346,170USD
At 2022-12-31300,646USD

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 2023-09-302,209,696USD
At 2022-12-3113,837USD

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.

PeriodValueUnitDays
At 2023-09-30845,415USD
At 2022-12-311,583,846USD

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
2023-07-01 to 2023-09-30-1,141,258USD92
2023-01-01 to 2023-09-30-2,899,754USD273
2022-07-01 to 2022-09-30-1,712,992USD92
2022-01-01 to 2022-09-30-8,276,792USD273

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.

PeriodValueUnitDays
2023-07-01 to 2023-09-30-1,093,919USD92
2023-01-01 to 2023-09-30-2,954,105USD273
2022-07-01 to 2022-09-30-2,412,794USD92
2022-01-01 to 2022-09-30-9,296,940USD273

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
2023-07-01 to 2023-09-301,523,409USD92
2023-01-01 to 2023-09-303,914,291USD273
2022-07-01 to 2022-09-301,448,535USD92
2022-01-01 to 2022-09-304,387,216USD273

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
2023-07-01 to 2023-09-3017,383USD92
2023-01-01 to 2023-09-3053,641USD273
2022-07-01 to 2022-09-3019,949USD92
2022-01-01 to 2022-09-3062,110USD273

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
2023-07-01 to 2023-09-30122,879USD92
2023-01-01 to 2023-09-30153,432USD273
2022-07-01 to 2022-09-301,341USD92
2022-01-01 to 2022-09-304,023USD273

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
2023-07-01 to 2023-09-30316USD92
2023-01-01 to 2023-09-3018,208USD273
2022-07-01 to 2022-09-3084USD92
2022-01-01 to 2022-09-30-10,301USD273

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
2023-07-01 to 2023-09-30-90,321USD92
2023-01-01 to 2023-09-30-286,970USD273
2022-07-01 to 2022-09-30-758,994USD92
2022-01-01 to 2022-09-30-825,720USD273

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 2023-09-304,780USD273
2022-01-01 to 2022-09-309,016USD273

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2023-01-01 to 2023-09-30202,288USD273
2022-01-01 to 2022-09-30247,898USD273

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 2023-09-30-222,189USD273
2022-01-01 to 2022-09-30295,163USD273

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
2023-01-01 to 2023-09-30-2,857,461USD273
2022-01-01 to 2022-09-301,706,482USD273

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 2023-09-30166,968USD273
2022-01-01 to 2022-09-30570,090USD273

Inspect the source

Entity
XMAX INC. / CIK 0001473334
Captured
2026-09-20T09:07:50.767Z
SEC response SHA-256
204bd86aae97fc8e0d799483199c001dd0c83582b14335f7a216d10466a9ae08

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

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001473334.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"])))