CLS HOLDINGS USA, INC.: 10-K filed 2018-08-29

Name: CLS HOLDINGS USA, INC.: 10-K filed 2018-08-29
Creator: CLS HOLDINGS USA, INC.

What CLS HOLDINGS USA, INC. reported in its annual report filed 2018-08-29 (fiscal FY 2018): 33 published measures, 68 facts as tagged in accession 0001185185-18-001595.

This filing

Form: 10-K (annual report)
Filed: 2018-08-29
Fiscal period: fiscal FY 2018
Accession: 0001185185-18-001595 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.

Period	Value	Unit	Days
At 2018-05-31	2,105,272	USD
At 2017-05-31	131,940	USD

Total liabilities

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

Period	Value	Unit	Days
At 2018-05-31	2,733,052	USD
At 2017-05-31	2,018,478	USD

Stockholders equity

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

Period	Value	Unit
At 2018-05-31	-627,780	USD
At 2017-05-31	-1,886,538	USD
At 2016-05-31	-1,430,968	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 2018-05-31	52,964	USD
At 2017-05-31	78,310	USD
At 2016-05-31	88,244	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
2017-06-01 to 2018-05-31	-9,577,484	USD	365
2016-06-01 to 2017-05-31	-4,865,724	USD	365

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
2017-06-01 to 2018-05-31	-1,425,298	USD	365
2016-06-01 to 2017-05-31	-1,182,305	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
2017-06-01 to 2018-05-31	0	USD	365
2016-06-01 to 2017-05-31	0	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
2017-06-01 to 2018-05-31	3,449,952	USD	365
2016-06-01 to 2017-05-31	1,207,384	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
2017-06-01 to 2018-05-31	-2,050,000	USD	365
2016-06-01 to 2017-05-31	-35,013	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 2018-05-31	-18,569,094	USD
At 2017-05-31	-8,991,610	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2017-06-01 to 2018-05-31	39,224,613	shares	365
2016-06-01 to 2017-05-31	20,778,785	shares	365

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.

Period	Value	Unit	Days
2017-06-01 to 2018-05-31	-0.24	USD/shares	365
2016-06-01 to 2017-05-31	-0.23	USD/shares	365

Income tax expense or benefit

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

Period	Value	Unit	Days
2017-06-01 to 2018-05-31	0	USD	365
2016-06-01 to 2017-05-31	0	USD	365

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 2018-05-31	0	USD
At 2017-05-31	890	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
2017-06-01 to 2018-05-31	-3,116,040	USD	365
2016-06-01 to 2017-05-31	-1,610,955	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 2018-05-31	54,374	USD
At 2017-05-31	79,720	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
2017-06-01 to 2018-05-31	4,709,940	USD	365
2016-06-01 to 2017-05-31	2,571,171	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 2018-05-31	2,689,148	USD
At 2017-05-31	1,826,478	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
2017-06-01 to 2018-05-31	3,116,040	USD	365
2016-06-01 to 2017-05-31	1,610,955	USD	365

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
2017-06-01 to 2018-05-31	0	USD	365
2016-06-01 to 2017-05-31	0	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
2017-06-01 to 2018-05-31	0	USD	365
2016-06-01 to 2017-05-31	0	USD	365

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
2017-06-01 to 2018-05-31	0	USD	365
2016-06-01 to 2017-05-31	0	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 2018-05-31	50,128,972	shares
At 2017-05-31	32,582,944	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 2018-05-31	17,628,717	USD
At 2017-05-31	7,032,836	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 2018-05-31	2,674	USD
At 2017-05-31	2,674	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 2018-05-31	2,674	USD
At 2017-05-31	1,784	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 2018-05-31	898	USD
At 2017-05-31	1,330	USD

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.

Period	Value	Unit	Days
At 2018-05-31	1,410	USD
At 2017-05-31	1,410	USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

Period	Value	Unit	Days
At 2018-05-31	0	USD
At 2017-05-31	0	USD

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
2017-06-01 to 2018-05-31	821,374	USD	365
2016-06-01 to 2017-05-31	718,770	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
2017-06-01 to 2018-05-31	890	USD	365
2016-06-01 to 2017-05-31	892	USD	365

Depreciation, depletion and amortization

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

Period	Value	Unit	Days
2017-06-01 to 2018-05-31	1,322	USD	365
2016-06-01 to 2017-05-31	1,324	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
2017-06-01 to 2018-05-31	-6,461,444	USD	365
2016-06-01 to 2017-05-31	-3,254,769	USD	365

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.

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/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"])))