Health-Right Discoveries, Inc.: 10-Q filed 2020-08-14
What Health-Right Discoveries, Inc. reported in its quarterly report filed 2020-08-14 (fiscal Q2 2020): 34 published measures, 95 facts as tagged in accession 0001753926-20-000253.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2020-08-14
- Fiscal period
- fiscal Q2 2020
- Accession
- 0001753926-20-000253 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 Health-Right Discoveries, 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 2020-06-30 | 7,481,668 | USD | |
| At 2019-12-31 | 7,911,682 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-06-30 | 9,839,211 | USD | |
| At 2019-12-31 | 9,459,375 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-06-30 | -2,357,543 | USD | |
| At 2020-03-31 | -1,958,656 | USD | |
| At 2019-12-31 | -1,547,693 | USD | |
| At 2019-06-30 | -376,684 | USD | |
| At 2019-03-31 | -196,759 | USD | |
| At 2018-12-31 | -68,775 | 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 | Days |
|---|---|---|---|
| At 2020-06-30 | 2,008,708 | USD | |
| At 2019-12-31 | 2,242,013 | USD | |
| At 2019-06-30 | 2,508,931 | USD | |
| At 2018-12-31 | 2,149,738 | 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 |
|---|---|---|---|
| 2020-04-01 to 2020-06-30 | -398,887 | USD | 91 |
| 2020-01-01 to 2020-06-30 | -809,850 | USD | 182 |
| 2020-01-01 to 2020-03-31 | -410,963 | USD | 91 |
| 2019-04-01 to 2019-06-30 | -179,925 | USD | 91 |
| 2019-01-01 to 2019-06-30 | -289,655 | USD | 181 |
| 2019-01-01 to 2019-03-31 | -109,730 | USD | 90 |
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 |
|---|---|---|---|
| 2020-01-01 to 2020-06-30 | -351,018 | USD | 182 |
| 2019-01-01 to 2019-06-30 | 359,193 | USD | 181 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2020-04-01 to 2020-06-30 | 373,446 | USD | 91 |
| 2020-01-01 to 2020-06-30 | 755,721 | USD | 182 |
| 2019-04-01 to 2019-06-30 | 917,251 | USD | 91 |
| 2019-01-01 to 2019-06-30 | 1,961,260 | USD | 181 |
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 |
|---|---|---|---|
| 2020-01-01 to 2020-06-30 | 117,713 | USD | 182 |
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 2020-06-30 | -3,498,379 | USD | |
| At 2019-12-31 | -2,688,529 | USD |
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 |
|---|---|---|---|
| 2020-04-01 to 2020-06-30 | -147,534 | USD | 91 |
| 2020-01-01 to 2020-06-30 | -299,534 | USD | 182 |
| 2019-04-01 to 2019-06-30 | -67,310 | USD | 91 |
| 2019-01-01 to 2019-06-30 | -107,133 | USD | 181 |
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 2020-06-30 | 21,364 | USD | |
| At 2019-12-31 | 23,871 | 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 |
|---|---|---|---|
| 2020-04-01 to 2020-06-30 | -111,949 | USD | 91 |
| 2020-01-01 to 2020-06-30 | -240,440 | USD | 182 |
| 2019-04-01 to 2019-06-30 | 101,822 | USD | 91 |
| 2019-01-01 to 2019-06-30 | 299,503 | USD | 181 |
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 2020-06-30 | 2,078,939 | USD | |
| At 2019-12-31 | 2,319,462 | 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 2020-06-30 | 9,696,109 | USD | |
| At 2019-12-31 | 9,077,709 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-06-30 | 3,313,226 | USD | |
| At 2019-12-31 | 3,313,226 | 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 | Days |
|---|---|---|---|
| At 2020-06-30 | 2,047,299 | USD | |
| At 2019-12-31 | 2,230,122 | 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 |
|---|---|---|---|
| 2020-04-01 to 2020-06-30 | 426,362 | USD | 91 |
| 2020-01-01 to 2020-06-30 | 886,250 | USD | 182 |
| 2019-04-01 to 2019-06-30 | 678,516 | USD | 91 |
| 2019-01-01 to 2019-06-30 | 1,358,316 | USD | 181 |
Net inventory
Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-06-30 | 18,336 | USD | |
| At 2019-12-31 | 10,735 | USD |
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 |
|---|---|---|---|
| 2020-04-01 to 2020-06-30 | 314,413 | USD | 91 |
| 2020-01-01 to 2020-06-30 | 645,810 | USD | 182 |
| 2019-04-01 to 2019-06-30 | 780,338 | USD | 91 |
| 2019-01-01 to 2019-06-30 | 1,657,819 | USD | 181 |
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 |
|---|---|---|---|
| 2020-04-01 to 2020-06-30 | 59,033 | USD | 91 |
| 2020-01-01 to 2020-06-30 | 109,911 | USD | 182 |
| 2019-04-01 to 2019-06-30 | 136,913 | USD | 91 |
| 2019-01-01 to 2019-06-30 | 303,441 | USD | 181 |
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 2020-06-30 | 22,869,191 | shares | |
| At 2019-12-31 | 22,869,191 | shares |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-06-30 | 20,840 | USD | |
| At 2019-12-31 | 25,001 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-06-30 | 20,904 | USD | |
| At 2019-12-31 | 24,824 | 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 2020-06-30 | 7,881,101 | USD | |
| At 2019-12-31 | 7,681,164 | 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 2020-06-30 | 23,133 | USD | |
| At 2019-12-31 | 20,626 | 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 2020-06-30 | 6,282 | USD | |
| At 2019-12-31 | 14,433 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2020-04-01 to 2020-06-30 | -546,421 | USD | 91 |
| 2020-01-01 to 2020-06-30 | -1,109,384 | USD | 182 |
| 2019-04-01 to 2019-06-30 | -247,235 | USD | 91 |
| 2019-01-01 to 2019-06-30 | -396,788 | USD | 181 |
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 |
|---|---|---|---|
| 2020-04-01 to 2020-06-30 | 330,786 | USD | 91 |
| 2020-01-01 to 2020-06-30 | 695,100 | USD | 182 |
| 2019-04-01 to 2019-06-30 | 557,395 | USD | 91 |
| 2019-01-01 to 2019-06-30 | 1,116,060 | USD | 181 |
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 |
|---|---|---|---|
| 2020-01-01 to 2020-06-30 | 2,507 | USD | 182 |
| 2019-01-01 to 2019-06-30 | 3,869 | USD | 181 |
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 |
|---|---|---|---|
| 2020-04-01 to 2020-06-30 | 91,411 | USD | 91 |
| 2020-01-01 to 2020-06-30 | 182,823 | USD | 182 |
| 2019-04-01 to 2019-06-30 | 116,284 | USD | 91 |
| 2019-01-01 to 2019-06-30 | 232,567 | USD | 181 |
Deferred income tax expense or benefit
The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2020-01-01 to 2020-06-30 | -299,534 | USD | 182 |
| 2019-01-01 to 2019-06-30 | -107,133 | USD | 181 |
Interest paid, net
Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2020-01-01 to 2020-06-30 | 343,798 | USD | 182 |
| 2019-01-01 to 2019-06-30 | 330,136 | USD | 181 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2020-01-01 to 2020-06-30 | -6,668 | USD | 182 |
| 2019-01-01 to 2019-06-30 | -72,742 | USD | 181 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2020-01-01 to 2020-06-30 | 7,601 | USD | 182 |
| 2019-01-01 to 2019-06-30 | -22,583 | USD | 181 |
Inspect the source
- Entity
- Health-Right Discoveries, Inc. / CIK 0001537663
- Captured
- SEC response SHA-256
a542c5391016457186481f72d23aec8b3429cbb617fbd71ac1e10e66a5d232d2
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
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