SRAX, Inc.: 10-Q filed 2018-05-15

Name: SRAX, Inc.: 10-Q filed 2018-05-15
Creator: SRAX, Inc.

What SRAX, Inc. reported in its quarterly report filed 2018-05-15 (fiscal Q1 2018): 33 published measures, 76 facts as tagged in accession 0001553350-18-000567.

This filing

Form: 10-Q (quarterly report)
Filed: 2018-05-15
Fiscal period: fiscal Q1 2018
Accession: 0001553350-18-000567 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
At 2018-03-31	20,316,844	USD
At 2017-12-31	23,605,699	USD
At 2017-03-31	23,696,704	USD

Total liabilities

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

Period	Value	Unit	Days
At 2018-03-31	6,726,598	USD
At 2017-12-31	6,721,961	USD

Stockholders equity

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

Period	Value	Unit
At 2018-03-31	13,590,246	USD
At 2017-12-31	16,883,738	USD
At 2017-03-31	9,235,771	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 2018-03-31	189,888	USD
At 2017-12-31	1,017,299	USD
At 2017-03-31	119,331	USD
At 2016-12-31	1,048,762	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
2018-01-01 to 2018-03-31	-3,609,620	USD	90
2017-01-01 to 2017-03-31	-3,920,922	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
2018-01-01 to 2018-03-31	-574,844	USD	90
2017-01-01 to 2017-03-31	-611,442	USD	90

Revenue

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

Period	Value	Unit	Days
2018-01-01 to 2018-03-31	2,110,850	USD	90
2017-01-01 to 2017-03-31	5,326,163	USD	90

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
2017-01-01 to 2017-03-31	-176,927	USD	90

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
2018-01-01 to 2018-03-31	-252,567	USD	90
2017-01-01 to 2017-03-31	-141,062	USD	90

Retained earnings or deficit

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

Period	Value	Unit
At 2018-03-31	-24,758,326	USD
At 2017-12-31	-21,148,706	USD
At 2017-03-31	-15,272,582	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
At 2018-03-31	165,898	USD
At 2017-12-31	154,546	USD
At 2017-03-31	58,079	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
2018-01-01 to 2018-03-31	166,130	USD	90
2017-01-01 to 2017-03-31	512,442	USD	90

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
2018-01-01 to 2018-03-31	-2,837,513	USD	90
2017-01-01 to 2017-03-31	-3,209,476	USD	90

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
At 2018-03-31	2,765,597	USD
At 2017-12-31	6,134,838	USD
At 2017-03-31	7,034,998	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
2018-01-01 to 2018-03-31	767,443	USD	90
2017-01-01 to 2017-03-31	711,446	USD	90

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
At 2018-03-31	4,682,794	USD
At 2017-12-31	5,010,815	USD
At 2017-03-31	14,460,933	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
At 2018-03-31	15,644,957	USD
At 2017-12-31	15,644,957	USD
At 2017-03-31	15,644,957	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 2018-03-31	1,708,349	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
At 2018-03-31	1,734,058	USD
At 2017-12-31	4,348,305	USD
At 2017-03-31	6,578,747	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
2018-01-01 to 2018-03-31	4,130,258	USD	90
2017-01-01 to 2017-03-31	5,256,519	USD	90

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
2018-01-01 to 2018-03-31	1,292,745	USD	90
2017-01-01 to 2017-03-31	2,047,043	USD	90

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
2018-01-01 to 2018-03-31	818,105	USD	90
2017-01-01 to 2017-03-31	3,279,120	USD	90

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
2018-01-01 to 2018-03-31	4,130,258	USD	90
2017-01-01 to 2017-03-31	4,409,807	USD	90

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 2018-03-31	6,845,157	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 2018-03-31	106,309	USD
At 2017-12-31	96,869	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
At 2018-03-31	1,708,349	USD
At 2017-12-31	1,642,760	USD
At 2017-03-31	924,011	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
At 2018-03-31	32,043	USD
At 2017-12-31	28,598	USD
At 2017-03-31	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
2018-01-01 to 2018-03-31	-3,609,620	USD	90
2017-01-01 to 2017-03-31	-3,920,922	USD	90

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
2018-01-01 to 2018-03-31	9,441	USD	90
2017-01-01 to 2017-03-31	3,234	USD	90

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
2018-01-01 to 2018-03-31	-772,107	USD	90
2017-01-01 to 2017-03-31	-711,446	USD	90

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
2018-01-01 to 2018-03-31	340,684	USD	90
2017-01-01 to 2017-03-31	550,695	USD	90

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
2017-04-01 to 2017-04-30	4,566,405	USD	30
2017-01-01 to 2017-03-31	3,820,001	USD	90
2017-01-01 to 2017-01-31	3,830,000	USD	31

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
2018-01-01 to 2018-03-31	-2,614,671	USD	90
2017-01-01 to 2017-03-31	-1,840,549	USD	90

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.

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/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"])))