Free Flow USA Inc.: 10-Q filed 2015-08-19

Name: Free Flow USA Inc.: 10-Q filed 2015-08-19
Creator: Free Flow USA Inc.

What Free Flow USA Inc. reported in its quarterly report filed 2015-08-19 (fiscal Q2 2015): 24 published measures, 60 facts as tagged in accession 0001065949-15-000219.

This filing

Form: 10-Q (quarterly report)
Filed: 2015-08-19
Fiscal period: fiscal Q2 2015
Accession: 0001065949-15-000219 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 Free Flow USA 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 2015-06-30	2,336,735	USD
At 2014-12-31	342,777	USD

Total liabilities

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

Period	Value	Unit	Days
At 2015-06-30	2,036,386	USD
At 2014-12-31	373,816	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2015-06-30	300,350	USD
At 2014-12-31	-31,039	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 2015-06-30	484	USD
At 2014-12-31	7,187	USD
At 2014-06-30	50	USD
At 2013-12-31	237	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
2015-04-01 to 2015-06-30	-28,454	USD	91
2015-01-01 to 2015-06-30	-56,611	USD	181
2014-04-01 to 2014-06-30	-3,558	USD	91
2014-01-01 to 2014-06-30	-16,237	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
2015-04-01 to 2015-06-30	314	USD	91
2015-01-01 to 2015-06-30	314	USD	181

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 2015-06-30	-146,816	USD
At 2014-12-31	-90,205	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2015-04-01 to 2015-06-30	26,200,000	shares	91
2015-01-01 to 2015-06-30	26,200,000	shares	181
2014-04-01 to 2014-06-30	26,200,000	shares	91
2014-01-01 to 2014-06-30	26,200,000	shares	181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Unit	Days
2015-04-01 to 2015-06-30	USD/shares	91
2015-01-01 to 2015-06-30	USD/shares	181
2014-04-01 to 2014-06-30	USD/shares	91
2014-01-01 to 2014-06-30	USD/shares	181

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
2015-04-01 to 2015-06-30	-28,454	USD	91
2015-01-01 to 2015-06-30	-56,611	USD	181
2014-04-01 to 2014-06-30	-3,558	USD	91
2014-01-01 to 2014-06-30	-15,997	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 2015-06-30	516,735	USD
At 2014-12-31	92,777	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 2015-06-30	286,386	USD
At 2014-12-31	43,816	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2015-06-30	9,444	USD
At 2014-12-31	9,444	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 2015-06-30	1,570,000	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
2015-04-01 to 2015-06-30	28,728	USD	91
2015-01-01 to 2015-06-30	56,885	USD	181
2014-04-01 to 2014-06-30	3,558	USD	91
2014-01-01 to 2014-06-30	15,997	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 2015-06-30	515,211	USD
At 2014-12-31	84,590	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
2015-04-01 to 2015-06-30	274	USD	91
2015-01-01 to 2015-06-30	274	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 2015-06-30	26,200,000	shares
At 2014-12-31	26,200,000	shares

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 2015-06-30	1,820,000	USD
At 2014-12-31	250,000	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
2015-04-01 to 2015-06-30	-28,454	USD	91
2015-01-01 to 2015-06-30	-56,611	USD	181
2014-04-01 to 2014-06-30	-3,558	USD	91
2014-01-01 to 2014-06-30	-16,237	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
2015-04-01 to 2015-06-30	4,856	USD	91
2015-01-01 to 2015-06-30	6,046	USD	181
2014-04-01 to 2014-06-30	818	USD	91
2014-01-01 to 2014-06-30	7,750	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
2014-01-01 to 2014-06-30	57	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
2015-01-01 to 2015-06-30	621	USD	181

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2014-01-01 to 2014-06-30	10,945	USD	181

Inspect the source

Entity: Free Flow USA Inc. / CIK 0001543652
Captured: 2026-09-20T09:17:47.723Z
SEC response SHA-256: 28a9eee9dd555f5515c46e31dfe960f3ae607e9bb2cf7d1b88d9376102e366be

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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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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001543652.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"])))