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CLS HOLDINGS USA, INC.: 10-Q filed 2022-04-14

What CLS HOLDINGS USA, INC. reported in its quarterly report filed 2022-04-14 (fiscal Q3 2022): 46 published measures, 124 facts as tagged in accession 0001185185-22-000437.

This filing

Form
10-Q (quarterly report)
Filed
2022-04-14
Fiscal period
fiscal Q3 2022
Accession
0001185185-22-000437 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 2022-02-2814,366,471USD
At 2021-05-3111,596,781USD

Total liabilities

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

PeriodValueUnitDays
At 2022-02-2829,993,732USD
At 2021-05-3126,693,601USD

Stockholders equity

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

PeriodValueUnitDays
At 2022-02-28-15,618,733USD
At 2021-05-31-15,096,820USD

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 2022-02-283,454,584USD
At 2021-05-311,665,263USD
At 2020-05-312,925,568USD

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
2021-12-01 to 2022-02-28-992,268USD90
2021-06-01 to 2022-02-28-910,141USD273
2020-12-01 to 2021-02-28-3,712,772USD90
2020-06-01 to 2021-02-28-5,707,184USD273

Operating cash flow

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

PeriodValueUnitDays
2021-06-01 to 2022-02-28-2,557,348USD273
2020-06-01 to 2021-02-28-2,056,659USD273

Capital expenditure payments

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

PeriodValueUnitDays
2021-06-01 to 2022-02-28165,875USD273
2020-06-01 to 2021-02-28181,266USD273

Revenue

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

PeriodValueUnitDays
2021-12-01 to 2022-02-285,588,266USD90
2021-06-01 to 2022-02-2816,502,978USD273
2020-12-01 to 2021-02-284,544,082USD90
2020-06-01 to 2021-02-2813,232,840USD273

Financing cash flow

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

PeriodValueUnitDays
2021-06-01 to 2022-02-282,376,470USD273
2020-06-01 to 2021-02-280USD273

Investing cash flow

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

PeriodValueUnitDays
2021-06-01 to 2022-02-281,970,199USD273
2020-06-01 to 2021-02-281,363,025USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2022-02-28-93,646,779USD
At 2021-05-31-92,736,638USD

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
2021-12-01 to 2022-02-28324,265USD90
2021-06-01 to 2022-02-28793,322USD273
2020-12-01 to 2021-02-280USD90
2020-06-01 to 2021-02-280USD273

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 2022-02-283,192,354USD
At 2021-05-313,475,668USD

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
2021-06-01 to 2022-02-280USD273
2020-06-01 to 2021-02-28-25,750USD273

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
2021-12-01 to 2022-02-28-605,585USD90
2021-06-01 to 2022-02-28-927,757USD273
2020-12-01 to 2021-02-28-456,326USD90
2020-06-01 to 2021-02-28-971,312USD273

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 2022-02-286,908,563USD
At 2021-05-313,840,563USD

Interest expense

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

PeriodValueUnitDays
2021-12-01 to 2022-02-28589,692USD90
2021-06-01 to 2022-02-281,416,164USD273
2020-12-01 to 2021-02-28757,740USD90
2020-06-01 to 2021-02-282,237,166USD273

Current liabilities

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

PeriodValueUnitDays
At 2022-02-2825,524,476USD
At 2021-05-314,984,485USD

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 2022-02-28557,896USD
At 2021-05-31557,896USD
At 2020-05-31557,896USD
At 2018-06-2725,742,899USD

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 2022-02-281,219,018USD

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 2022-02-28842,673USD
At 2021-05-31684,935USD

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
2021-12-01 to 2022-02-283,492,691USD90
2021-06-01 to 2022-02-289,440,918USD273
2020-12-01 to 2021-02-282,511,502USD90
2020-06-01 to 2021-02-287,717,063USD273

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 2022-02-282,342,608USD
At 2021-05-311,228,052USD

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
2021-12-01 to 2022-02-282,887,106USD90
2021-06-01 to 2022-02-288,513,161USD273
2020-12-01 to 2021-02-282,055,176USD90
2020-06-01 to 2021-02-286,745,751USD273

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
2021-12-01 to 2022-02-282,701,160USD90
2021-06-01 to 2022-02-287,989,817USD273
2020-12-01 to 2021-02-282,488,906USD90
2020-06-01 to 2021-02-286,487,089USD273

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
2021-12-01 to 2022-02-281,800USD90
2021-06-01 to 2022-02-2812,308USD273
2020-12-01 to 2021-02-288,334USD90
2020-06-01 to 2021-02-2820,726USD273

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 2022-02-28128,158,082shares
At 2021-05-31127,221,416shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2022-02-283,454,584USD
At 2021-02-282,231,934USD

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 2022-02-2877,940,747USD
At 2021-05-3177,561,393USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2022-02-28-15,627,261USD
At 2021-05-31-15,096,820USD
At 2021-02-28-11,047,669USD
At 2020-05-31-5,395,548USD

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 2022-02-282,238,685USD
At 2021-05-312,250,009USD
At 2019-06-014,112,876USD

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 2022-02-282,282,004USD
At 2019-05-314,069,476USD

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.

PeriodValueUnitDays
At 2022-02-2823,823,822USD

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 2022-02-281,950,500USD
At 2021-05-311,823,094USD

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 2022-02-281,883,803USD
At 2021-05-311,434,614USD

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 2022-02-281,219,018USD
At 2021-05-311,305,190USD

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 2022-02-28249,955USD
At 2021-05-31167,455USD

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 2022-02-28268,698USD
At 2021-05-31262,313USD

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.

PeriodValueUnitDays
2021-12-01 to 2022-02-28-997,296USD90
2021-06-01 to 2022-02-28-918,669USD273
2020-12-01 to 2021-02-28-3,712,772USD90
2020-06-01 to 2021-02-28-5,707,184USD273

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
2021-12-01 to 2022-02-283,492,691USD90
2021-06-01 to 2022-02-289,440,918USD273
2020-12-01 to 2021-02-282,511,502USD90
2020-06-01 to 2021-02-287,717,063USD273

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
2021-12-01 to 2022-02-28150,883USD90
2021-06-01 to 2022-02-28449,189USD273
2020-12-01 to 2021-02-28139,989USD90
2020-06-01 to 2021-02-28423,737USD273

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
2021-06-01 to 2022-02-28535,361USD273
2020-06-01 to 2021-02-28511,036USD273

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
2021-12-01 to 2022-02-2828,023USD90
2021-06-01 to 2022-02-2886,172USD273
2020-12-01 to 2021-02-2828,716USD90
2020-06-01 to 2021-02-2887,299USD273

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
2021-12-01 to 2022-02-28-67,446USD90
2021-06-01 to 2022-02-28802,410USD273
2020-12-01 to 2021-02-28-3,256,446USD90
2020-06-01 to 2021-02-28-4,735,872USD273

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
2021-06-01 to 2022-02-28160,067USD273
2020-06-01 to 2021-02-28121,955USD273

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
2021-06-01 to 2022-02-281,114,556USD273
2020-06-01 to 2021-02-28394,414USD273

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.

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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"])))