SRAX, Inc.: 10-Q filed 2016-11-14

Name: SRAX, Inc.: 10-Q filed 2016-11-14
Creator: SRAX, Inc.

What SRAX, Inc. reported in its quarterly report filed 2016-11-14 (fiscal Q3 2016): 24 published measures, 65 facts as tagged in accession 0001553350-16-002669.

This filing

Form: 10-Q (quarterly report)
Filed: 2016-11-14
Fiscal period: fiscal Q3 2016
Accession: 0001553350-16-002669 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 SRAX, 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 2016-09-30	25,916,643	USD
At 2015-12-31	26,871,873	USD

Total liabilities

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

Period	Value	Unit	Days
At 2016-09-30	18,289,115	USD
At 2015-12-31	22,995,944	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2016-09-30	7,627,528	USD
At 2015-12-31	3,875,929	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 2016-09-30	4,241,230	USD
At 2015-12-31	1,091,186	USD
At 2015-09-30	1,032,958	USD
At 2014-12-31	1,843,393	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
2016-07-01 to 2016-09-30	-2,375,846	USD	92
2016-01-01 to 2016-09-30	-2,904,299	USD	274
2015-07-01 to 2015-09-30	-658,540	USD	92
2015-01-01 to 2015-09-30	-2,297,410	USD	273

Revenue

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

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	9,530,842	USD	92
2016-01-01 to 2016-09-30	24,249,588	USD	274
2015-07-01 to 2015-09-30	7,390,238	USD	92
2015-01-01 to 2015-09-30	22,173,095	USD	273

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 2016-09-30	-13,046,069	USD
At 2015-12-31	-10,141,771	USD

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 2016-09-30	31,458	USD
At 2015-12-31	43,936	USD

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.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	610,397	USD	274
2015-01-01 to 2015-09-30	626,539	USD	273

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
2016-07-01 to 2016-09-30	-1,307,882	USD	92
2016-01-01 to 2016-09-30	-3,933,197	USD	274
2015-07-01 to 2015-09-30	342,358	USD	92
2015-01-01 to 2015-09-30	561,545	USD	273

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 2016-09-30	8,863,474	USD
At 2015-12-31	8,493,010	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 2016-09-30	18,289,115	USD
At 2015-12-31	15,540,186	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2016-09-30	4,387,878	USD
At 2015-12-31	7,056,298	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
2016-07-01 to 2016-09-30	2,544,008	USD	92
2016-01-01 to 2016-09-30	7,819,384	USD	274
2015-07-01 to 2015-09-30	4,094,094	USD	92
2015-01-01 to 2015-09-30	11,476,033	USD	273

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
2016-07-01 to 2016-09-30	6,986,834	USD	92
2016-01-01 to 2016-09-30	16,430,204	USD	274
2015-07-01 to 2015-09-30	3,296,144	USD	92
2015-01-01 to 2015-09-30	10,697,062	USD	273

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2016-07-01 to 2016-09-30	3,851,890	USD	92
2016-01-01 to 2016-09-30	11,082,581	USD	274
2015-07-01 to 2015-09-30	3,751,736	USD	92
2015-01-01 to 2015-09-30	10,914,488	USD	273

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 2016-09-30	5,095,736	USD
At 2015-12-31	8,834,125	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 2016-09-30	69,951	USD
At 2015-12-31	42,295	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 2016-09-30	1,342,094	USD
At 2015-12-31	1,611,744	USD

Other noncurrent assets

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

Period	Value	Unit	Days
At 2016-09-30	34,659	USD
At 2015-12-31	34,659	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
2016-07-01 to 2016-09-30	-2,375,846	USD	92
2016-01-01 to 2016-09-30	-2,904,299	USD	274
2015-07-01 to 2015-09-30	-658,540	USD	92
2015-01-01 to 2015-09-30	-2,297,410	USD	273

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
2016-07-01 to 2016-09-30	-1,067,964	USD	92
2016-01-01 to 2016-09-30	1,028,898	USD	274
2015-07-01 to 2015-09-30	-1,000,898	USD	92
2015-01-01 to 2015-09-30	-2,858,955	USD	273

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.

Period	Value	Unit	Days
2016-01-01 to 2016-09-30	3,550,815	USD	274

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
2016-01-01 to 2016-09-30	2,767,590	USD	274
2015-01-01 to 2015-09-30	5,102,151	USD	273

Inspect the source

Entity: SRAX, Inc. / CIK 0001538217
Captured: 2026-09-21T17:20:36.807Z
SEC response SHA-256: ca5143d11157d28d9ecb5c97643f5230fb69205bfa73108678e802b6bb84a419

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/0001538217.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"])))