ATLAS LITHIUM CORPORATION: 10-Q filed 2017-08-14

Name: ATLAS LITHIUM CORPORATION: 10-Q filed 2017-08-14
Creator: ATLAS LITHIUM CORPORATION

What ATLAS LITHIUM CORPORATION reported in its quarterly report filed 2017-08-14 (fiscal Q2 2017): 37 published measures, 97 facts as tagged in accession 0001079974-17-000383.

This filing

Form: 10-Q (quarterly report)
Filed: 2017-08-14
Fiscal period: fiscal Q2 2017
Accession: 0001079974-17-000383 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 ATLAS LITHIUM CORPORATION 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 2017-06-30	1,132,937	USD
At 2016-12-31	1,173,588	USD

Total liabilities

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

Period	Value	Unit	Days
At 2017-06-30	1,518,007	USD
At 2016-12-31	1,184,095	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2017-06-30	-385,070	USD
At 2016-12-31	-10,507	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
2017-04-01 to 2017-06-30	-369,230	USD	91
2017-01-01 to 2017-06-30	-643,612	USD	181
2016-04-01 to 2016-06-30	-283,405	USD	91
2016-01-01 to 2016-06-30	-580,743	USD	182

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
2017-01-01 to 2017-06-30	-329,002	USD	181
2016-01-01 to 2016-06-30	-347,224	USD	182

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 2017-06-30	332,446	USD	181
2016-01-01 to 2016-06-30	308,823	USD	182

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
2017-01-01 to 2017-06-30	-6,615	USD	181
2016-01-01 to 2016-06-30	0	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 2017-06-30	-46,451,332	USD
At 2016-12-31	-45,823,698	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	Unit	Days
2017-04-01 to 2017-06-30	USD	91
2017-01-01 to 2017-06-30	USD	181
2016-04-01 to 2016-06-30	USD	91
2016-01-01 to 2016-06-30	USD	182

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 2017-06-30	382,930	USD
At 2016-12-31	421,927	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
2017-04-01 to 2017-06-30	0	USD	91
2017-01-01 to 2017-06-30	0	USD	181
2016-04-01 to 2016-06-30	35,068	USD	91
2016-01-01 to 2016-06-30	57,568	USD	182

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 2017-06-30	129,240	USD
At 2016-12-31	121,572	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
2017-01-01 to 2017-06-30	82,350	USD	181

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 2017-06-30	1,326,543	USD
At 2016-12-31	992,704	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
2017-04-01 to 2017-06-30	221,835	USD	91
2017-01-01 to 2017-06-30	375,768	USD	181
2016-04-01 to 2016-06-30	239,325	USD	91
2016-01-01 to 2016-06-30	444,181	USD	182

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 2017-06-30	77,745	USD
At 2016-12-31	78,911	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
2017-04-01 to 2017-06-30	-34,624	USD	91
2017-01-01 to 2017-06-30	-64,423	USD	181
2016-04-01 to 2016-06-30	-22,610	USD	91
2016-01-01 to 2016-06-30	-60,763	USD	182

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
2017-04-01 to 2017-06-30	43,682	USD	91
2017-01-01 to 2017-06-30	76,877	USD	181
2016-04-01 to 2016-06-30	24,123	USD	91
2016-01-01 to 2016-06-30	64,832	USD	182

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 2017-06-30	71,673,437	shares
At 2016-12-31	64,752,286	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 2017-06-30	44,949,279	USD
At 2016-12-31	44,690,704	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2017-06-30	-495,129	USD
At 2016-12-31	-489,516	USD

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.

Period	Value	Unit	Days
At 2017-06-30	-1,706,852	USD
At 2016-12-31	-1,339,101	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 2017-06-30	689,854	USD
At 2016-12-31	693,135	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 2017-06-30	382,930	USD
At 2016-12-31	421,927	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 2017-06-30	620,767	USD
At 2016-12-31	630,089	USD

Other noncurrent liabilities

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

Period	Value	Unit	Days
At 2017-06-30	191,464	USD
At 2016-12-31	191,391	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2017-06-30	375,456	USD
At 2016-12-31	333,415	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
2017-04-01 to 2017-06-30	-369,230	USD	91
2017-01-01 to 2017-06-30	-643,612	USD	181
2016-04-01 to 2016-06-30	-283,405	USD	91
2016-01-01 to 2016-06-30	-580,743	USD	182

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.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	-358,329	USD	91
2017-01-01 to 2017-06-30	-627,634	USD	181
2016-04-01 to 2016-06-30	-276,150	USD	91
2016-01-01 to 2016-06-30	-566,758	USD	182

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	-401,578	USD	91
2017-01-01 to 2017-06-30	-633,247	USD	181
2016-04-01 to 2016-06-30	-217,989	USD	91
2016-01-01 to 2016-06-30	-442,227	USD	182

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
2017-04-01 to 2017-06-30	93,659	USD	91
2017-01-01 to 2017-06-30	154,160	USD	181
2016-04-01 to 2016-06-30	95,111	USD	91
2016-01-01 to 2016-06-30	194,686	USD	182

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
2017-01-01 to 2017-06-30	40,518	USD	181
2016-01-01 to 2016-06-30	17,688	USD	182

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	45	USD	91
2017-01-01 to 2017-06-30	45	USD	181
2016-04-01 to 2016-06-30	-1	USD	91
2016-01-01 to 2016-06-30	-1	USD	182

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
2017-04-01 to 2017-06-30	112,771	USD	91
2017-01-01 to 2017-06-30	203,421	USD	181
2016-04-01 to 2016-06-30	21,470	USD	91
2016-01-01 to 2016-06-30	75,799	USD	182

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
2017-01-01 to 2017-06-30	9,166	USD	181
2016-01-01 to 2016-06-30	0	USD	182

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
2017-01-01 to 2017-06-30	0	USD	181
2016-01-01 to 2016-06-30	2,673	USD	182

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
2017-01-01 to 2017-06-30	0	USD	181
2016-01-01 to 2016-06-30	-12,832	USD	182

Inspect the source

Entity: ATLAS LITHIUM CORPORATION / CIK 0001540684
Captured: 2026-09-20T09:17:35.448Z
SEC response SHA-256: 7c185cb51746f455f5524a2ab1ffcc58d2629fd67539350f33609e732571b132

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001540684.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"])))