Skip to content

SharpSpring, Inc: 10-Q filed 2021-08-16

What SharpSpring, Inc reported in its quarterly report filed 2021-08-16 (fiscal Q2 2021): 40 published measures, 114 facts as tagged in accession 0001654954-21-009070.

This filing

Form
10-Q (quarterly report)
Filed
2021-08-16
Fiscal period
fiscal Q2 2021
Accession
0001654954-21-009070 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 SharpSpring, Inc filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2021-06-3052,444,451USD
At 2020-12-3156,745,746USD

Total liabilities

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

PeriodValueUnitDays
At 2021-06-3014,101,053USD
At 2020-12-3117,056,941USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-06-3038,343,398USD
At 2021-03-3137,805,644USD
At 2020-12-3139,688,805USD
At 2020-06-3027,585,428USD
At 2020-03-3128,171,715USD
At 2019-12-3128,813,347USD

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 2021-06-3025,157,240USD
At 2020-12-3128,267,792USD
At 2020-06-3015,286,895USD
At 2019-12-3111,881,949USD

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
2021-04-01 to 2021-06-30-353,775USD91
2021-01-01 to 2021-06-30-2,937,630USD181
2020-04-01 to 2020-06-30-970,384USD91
2020-01-01 to 2020-06-30-1,958,461USD182

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2021-01-01 to 2021-06-30-3,308,355USD181
2020-01-01 to 2020-06-30-994,081USD182

Revenue

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

PeriodValueUnitDays
2021-04-01 to 2021-06-308,106,243USD91
2021-01-01 to 2021-06-3016,095,473USD181
2020-04-01 to 2020-06-307,270,905USD91
2020-01-01 to 2020-06-3014,323,634USD182

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2021-01-01 to 2021-06-30465,785USD181
2020-01-01 to 2020-06-305,294,560USD182

Investing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-06-30-373,630USD181
2020-01-01 to 2020-06-30-777,024USD182

Retained earnings or deficit

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

PeriodValueUnitDays
At 2021-06-30-38,507,341USD
At 2020-12-31-35,569,711USD

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
2021-04-01 to 2021-06-303,947USD91
2021-01-01 to 2021-06-3010,520USD181
2020-04-01 to 2020-06-3057,187USD91
2020-01-01 to 2020-06-30-1,505,331USD182

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 2021-06-301,861,067USD
At 2020-12-312,188,948USD

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
2021-04-01 to 2021-06-30-3,599,575USD91
2021-01-01 to 2021-06-30-6,350,668USD181
2020-04-01 to 2020-06-30-910,420USD91
2020-01-01 to 2020-06-30-3,404,236USD182

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 2021-06-3028,160,366USD
At 2020-12-3131,326,974USD

Current liabilities

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

PeriodValueUnitDays
At 2021-06-306,742,935USD
At 2020-12-318,516,505USD

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 2021-06-30964,933USD
At 2020-12-311,074,594USD

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 2021-06-3010,230,917USD
At 2020-12-3110,250,088USD

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.

PeriodValueUnitDays
At 2021-06-303,672,753USD
At 2020-12-314,015,851USD

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 2021-06-30300,149USD
At 2020-12-31323,130USD

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
2021-04-01 to 2021-06-309,721,156USD91
2021-01-01 to 2021-06-3018,571,466USD181
2020-04-01 to 2020-06-306,308,296USD91
2020-01-01 to 2020-06-3013,487,199USD182

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
2021-04-01 to 2021-06-306,121,581USD91
2021-01-01 to 2021-06-3012,220,798USD181
2020-04-01 to 2020-06-305,397,876USD91
2020-01-01 to 2020-06-3010,082,963USD182

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
2021-04-01 to 2021-06-301,984,662USD91
2021-01-01 to 2021-06-303,874,675USD181
2020-04-01 to 2020-06-301,873,029USD91
2020-01-01 to 2020-06-304,240,671USD182

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.

PeriodValueUnitDays
2021-04-01 to 2021-06-302,111,540USD91
2021-01-01 to 2021-06-304,227,280USD181
2020-04-01 to 2020-06-301,484,890USD91
2020-01-01 to 2020-06-303,063,029USD182

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 2021-06-3012,882,030shares
At 2020-12-3112,798,797shares

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 2021-06-3077,141,573USD
At 2020-12-3175,544,966USD

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 2021-06-30-219,736USD
At 2020-12-31-215,269USD

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 2021-06-307,934,913USD
At 2020-12-318,352,028USD

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 2021-06-304,823,389USD
At 2020-12-314,457,855USD

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 2021-06-302,962,322USD
At 2020-12-312,268,907USD

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 2021-06-3013,903,670USD
At 2020-12-3114,265,939USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2021-06-30584,435USD
At 2020-12-31611,857USD

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
2021-04-01 to 2021-06-30-349,828USD91
2021-01-01 to 2021-06-30-2,927,110USD181
2020-04-01 to 2020-06-30-913,197USD91
2020-01-01 to 2020-06-30-3,463,792USD182

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
2021-04-01 to 2021-06-30-348,282USD91
2021-01-01 to 2021-06-30-2,942,097USD181
2020-04-01 to 2020-06-30-967,126USD91
2020-01-01 to 2020-06-30-1,964,030USD182

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
2021-04-01 to 2021-06-303,522,971USD91
2021-01-01 to 2021-06-306,294,610USD181
2020-04-01 to 2020-06-302,244,560USD91
2020-01-01 to 2020-06-304,658,401USD182

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
2021-04-01 to 2021-06-30430,000USD91
2021-01-01 to 2021-06-30700,000USD181
2020-04-01 to 2020-06-30230,000USD91
2020-01-01 to 2020-06-30440,000USD182

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
2021-04-01 to 2021-06-30171,549USD91
2021-01-01 to 2021-06-30343,098USD181
2020-04-01 to 2020-06-30183,746USD91
2020-01-01 to 2020-06-30336,547USD182

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
2021-04-01 to 2021-06-30-21,354USD91
2021-01-01 to 2021-06-30-14,519USD181
2020-04-01 to 2020-06-30-2,777USD91
2020-01-01 to 2020-06-30-59,556USD182

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
2021-01-01 to 2021-06-30155,294USD181
2020-01-01 to 2020-06-30-1,533,467USD182

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
2021-01-01 to 2021-06-3020,362USD181
2020-01-01 to 2020-06-30-106,260USD182

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
2021-01-01 to 2021-06-30-108,933USD181
2020-01-01 to 2020-06-30-120,934USD182

Inspect the source

Entity
SharpSpring, Inc / CIK 0001506439
Captured
SEC response SHA-256
5dfbf55149503b2df2e96b77c6995deb2b273dad41ed7ec6b36a7e9606128908

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

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

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

with urlopen("https://canlicapital.com/company-data/0001506439.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"])))