Loop Industries, Inc.: 10-Q filed 2022-07-13

Name: Loop Industries, Inc.: 10-Q filed 2022-07-13
Creator: Loop Industries, Inc.

What Loop Industries, Inc. reported in its quarterly report filed 2022-07-13 (fiscal Q1 2023): 30 published measures, 65 facts as tagged in accession 0001654954-22-009632.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-07-13
Fiscal period: fiscal Q1 2023
Accession: 0001654954-22-009632 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 Loop Industries, 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 2022-05-31	47,731,758	USD
At 2022-02-28	59,220,199	USD

Total liabilities

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

Period	Value	Unit	Days
At 2022-05-31	11,281,174	USD
At 2022-02-28	13,225,218	USD

Stockholders equity

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

Period	Value	Unit
At 2022-05-31	36,450,584	USD
At 2022-02-28	45,994,981	USD
At 2021-05-31	20,874,332	USD
At 2021-02-28	32,824,524	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 2022-05-31	32,400,737	USD
At 2022-02-28	44,061,427	USD
At 2021-05-31	18,037,062	USD
At 2021-02-28	35,221,951	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
2022-03-01 to 2022-05-31	-18,005,939	USD	92
2021-03-01 to 2021-05-31	-12,157,364	USD	92

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
2022-03-01 to 2022-05-31	-11,576,244	USD	92
2021-03-01 to 2021-05-31	-12,405,558	USD	92

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
2022-03-01 to 2022-05-31	0	USD	92
2021-03-01 to 2021-05-31	4,867,007	USD	92

Revenue

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

Period	Value	Unit	Days
2022-03-01 to 2022-05-31	0	USD	92
2021-03-01 to 2021-05-31	0	USD	92

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
2022-03-01 to 2022-05-31	0	USD	92
2021-03-01 to 2021-05-31	-14,496	USD	92

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
2022-03-01 to 2022-05-31	-69,247	USD	92
2021-03-01 to 2021-05-31	-4,919,326	USD	92

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 2022-05-31	-152,588,865	USD
At 2022-02-28	-134,582,926	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 2022-05-31	5,580,748	USD
At 2022-02-28	5,692,862	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
2022-03-01 to 2022-05-31	8,466,307	USD	92
2022-02-01 to 2022-03-02	2,520,000	USD	30
2021-03-01 to 2021-05-31	15,357	USD	92

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 2022-05-31	40,702,690	USD
At 2022-02-28	52,132,614	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 2022-05-31	7,979,305	USD
At 2022-02-28	9,846,815	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
At 2022-05-31	1,067,398	USD
At 2022-02-28	1,013,801	USD
At 2021-02-28	1,013,801	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
2022-03-01 to 2022-05-31	18,005,939	USD	92
2021-03-01 to 2021-05-31	12,157,364	USD	92

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
2022-03-01 to 2022-05-31	6,800,484	USD	92
2021-03-01 to 2021-05-31	8,637,905	USD	92

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 2022-05-31	47,400,709	shares
At 2022-02-28	47,388,056	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 2022-05-31	158,863,011	USD
At 2022-02-28	150,396,704	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 2022-05-31	-100,799	USD
At 2022-02-28	-96,033	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2022-05-31	3,636,939	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 2022-05-31	6,957,514	USD
At 2022-02-28	6,944,462	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 2022-05-31	1,376,766	USD
At 2022-02-28	1,251,600	USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2022-03-01 to 2022-05-31	18,005,939	USD	92
2021-03-01 to 2021-05-31	12,157,364	USD	92

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
2022-03-01 to 2022-05-31	-18,010,705	USD	92
2021-03-01 to 2021-05-31	-11,950,549	USD	92

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
2022-03-01 to 2022-05-31	11,036,641	USD	92
2021-03-01 to 2021-05-31	3,160,571	USD	92

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
2022-03-01 to 2022-05-31	19,539	USD	92
2021-03-01 to 2021-05-31	16,944	USD	92

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.

Period	Value	Unit	Days
2022-03-01 to 2022-05-31	1,535	USD	92
2021-03-01 to 2021-05-31	0	USD	92

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.

Period	Value	Unit	Days
2022-03-01 to 2022-05-31	0	USD	92
2021-03-01 to 2021-05-31	0	USD	92

Inspect the source

Entity: Loop Industries, Inc. / CIK 0001504678
Captured: 2026-09-20T09:12:11.151Z
SEC response SHA-256: daa802cf6ca8aee97736cc19d60c1b62cdab52fe2e34a51a8ecdde27e63513d3

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001504678.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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