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CLS HOLDINGS USA, INC.: 10-Q filed 2016-04-12

What CLS HOLDINGS USA, INC. reported in its quarterly report filed 2016-04-12 (fiscal Q3 2016): 37 published measures, 109 facts as tagged in accession 0001185185-16-004204.

This filing

Form
10-Q (quarterly report)
Filed
2016-04-12
Fiscal period
fiscal Q3 2016
Accession
0001185185-16-004204 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 CLS HOLDINGS USA, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2016-02-29140,010USD
At 2015-05-31292,779USD

Total liabilities

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

PeriodValueUnitDays
At 2016-02-291,202,736USD
At 2015-05-31881,252USD

Stockholders equity

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

PeriodValueUnitDays
At 2016-02-29-1,062,726USD
At 2015-05-31-588,473USD

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 2016-02-2930,170USD
At 2015-05-31208,821USD
At 2015-02-28425,302USD
At 2014-05-310USD

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
2015-12-01 to 2016-02-29-856,740USD91
2015-06-01 to 2016-02-29-1,862,610USD274
2014-12-01 to 2015-02-28-338,919USD90
2014-06-01 to 2015-02-28-659,748USD273

Operating cash flow

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

PeriodValueUnitDays
2015-06-01 to 2016-02-29-871,924USD274
2014-06-01 to 2015-02-28-569,404USD273

Capital expenditure payments

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

PeriodValueUnitDays
2015-06-01 to 2016-02-292,674USD274
2014-06-01 to 2015-02-280USD273

Revenue

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

PeriodValueUnitDays
2015-12-01 to 2016-02-290USD91
2015-06-01 to 2016-02-290USD274
2014-12-01 to 2015-02-280USD90
2014-06-01 to 2015-02-280USD273

Financing cash flow

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

PeriodValueUnitDays
2015-06-01 to 2016-02-29737,750USD274
2014-06-01 to 2015-02-281,000,000USD273

Investing cash flow

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

PeriodValueUnitDays
2015-06-01 to 2016-02-29-44,477USD274
2014-06-01 to 2015-02-28-297,408USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2016-02-29-3,378,197USD
At 2015-05-31-1,515,587USD

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
2015-12-01 to 2016-02-2920,182,640shares91
2015-06-01 to 2016-02-2920,081,901shares274
2014-12-01 to 2015-02-2815,000,000shares90
2014-06-01 to 2015-02-2815,000,000shares273

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
2015-12-01 to 2016-02-2920,182,640shares91
2015-06-01 to 2016-02-2920,081,901shares274
2014-12-01 to 2015-02-2815,000,000shares90
2014-06-01 to 2015-02-2815,000,000shares273

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
2015-12-01 to 2016-02-29-0.04USD/shares91
2015-06-01 to 2016-02-29-0.09USD/shares274
2014-12-01 to 2015-02-28-0.02USD/shares90
2014-06-01 to 2015-02-28-0.04USD/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
2015-12-01 to 2016-02-29-0.04USD/shares91
2015-06-01 to 2016-02-29-0.09USD/shares274
2014-12-01 to 2015-02-28-0.02USD/shares90
2014-06-01 to 2015-02-28-0.04USD/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
2015-12-01 to 2016-02-290USD91
2015-06-01 to 2016-02-290USD274
2014-12-01 to 2015-02-280USD90
2014-06-01 to 2015-02-280USD273

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 2016-02-292,005USD
At 2015-05-310USD

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
2015-12-01 to 2016-02-29-750,141USD91
2015-06-01 to 2016-02-29-1,685,146USD274
2014-12-01 to 2015-02-28-338,654USD90
2014-06-01 to 2015-02-28-659,303USD273

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 2016-02-2944,332USD
At 2015-05-31240,621USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2015-12-01 to 2016-02-29106,599USD91
2015-06-01 to 2016-02-29177,464USD274
2014-12-01 to 2015-02-28265USD90
2014-06-01 to 2015-02-28445USD273

Current liabilities

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

PeriodValueUnitDays
At 2016-02-291,082,691USD
At 2015-05-31875,696USD

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 2016-02-291,870USD
At 2015-05-312,158USD

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
2015-12-01 to 2016-02-29750,141USD91
2015-06-01 to 2016-02-291,685,146USD274
2014-12-01 to 2015-02-28338,654USD90
2014-06-01 to 2015-02-28659,303USD273

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
2015-12-01 to 2016-02-290USD91
2015-06-01 to 2016-02-290USD274
2014-12-01 to 2015-02-280USD90
2014-06-01 to 2015-02-280USD273

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
2015-12-01 to 2016-02-290USD91
2015-06-01 to 2016-02-290USD274
2014-12-01 to 2015-02-280USD90
2014-06-01 to 2015-02-280USD273

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
2015-06-01 to 2016-02-290USD274
2014-06-01 to 2015-02-2832,769USD273

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 2016-02-2920,320,003shares
At 2015-05-3120,000,003shares
At 2014-12-1011,250,000shares

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 2016-02-292,217,989USD
At 2015-05-31887,614USD

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 2016-02-292,674USD
At 2015-05-310USD

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 2016-02-29669USD
At 2015-05-310USD

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 2016-02-291,870USD
At 2015-05-312,158USD

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
2015-12-01 to 2016-02-29406,323USD91
2015-06-01 to 2016-02-29917,726USD274
2014-12-01 to 2015-02-28152,375USD90
2014-06-01 to 2015-02-28362,453USD273

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
2015-12-01 to 2016-02-29223USD91
2015-06-01 to 2016-02-29669USD274
2014-12-01 to 2015-02-280USD90
2014-06-01 to 2015-02-289USD273

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2015-06-01 to 2016-02-29957USD274
2014-06-01 to 2015-02-280USD273

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
2015-12-01 to 2016-02-29108USD91
2015-06-01 to 2016-02-29288USD274
2014-12-01 to 2015-02-280USD90
2014-06-01 to 2015-02-280USD273

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
2015-12-01 to 2016-02-29-106,599USD91
2015-06-01 to 2016-02-29-177,464USD274
2014-12-01 to 2015-02-28-265USD90
2014-06-01 to 2015-02-28-445USD273

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.

PeriodValueUnitDays
2015-06-01 to 2016-02-290USD274
2014-06-01 to 2015-02-281,000,000USD273

Inspect the source

Entity
CLS HOLDINGS USA, INC. / CIK 0001522222
Captured
2026-09-21T17:20:26.133Z
SEC response SHA-256
5d503009bd516f028a8e75ea8b58edec57668e2981e450c758972d4874c3d8b0

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.

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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/0001522222.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"])))