Free Flow USA Inc.: 10-Q filed 2021-05-17
What Free Flow USA Inc. reported in its quarterly report filed 2021-05-17 (fiscal Q1 2021): 20 published measures, 56 facts as tagged in accession 0001096906-21-001206.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2021-05-17
- Fiscal period
- fiscal Q1 2021
- Accession
- 0001096906-21-001206 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 2021-03-31 | 3,734,437 | USD | |
| At 2020-12-31 | 3,662,186 | USD | |
| At 2020-03-31 | 1,695,858 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2021-03-31 | 2,460,678 | USD | |
| At 2020-12-31 | 2,411,193 | USD | |
| At 2020-03-31 | 1,295,758 | 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 2021-03-31 | 60,324 | USD | |
| At 2020-12-31 | 83,516 | USD | |
| At 2020-03-31 | 10,141 | USD | |
| At 2019-12-31 | 7,226 | 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 |
|---|---|---|---|
| 2021-01-01 to 2021-03-31 | 48,708 | USD | 90 |
| 2020-01-01 to 2020-12-31 | 850,610 | USD | 366 |
| 2020-01-01 to 2020-03-31 | 25,214 | USD | 91 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2021-01-01 to 2021-03-31 | 216,440 | USD | 90 |
| 2020-01-01 to 2020-12-31 | 411,694 | USD | 366 |
| 2020-01-01 to 2020-03-31 | 116,379 | USD | 91 |
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 |
|---|---|---|---|
| 2021-01-01 to 2021-03-31 | 47,808 | USD | 90 |
| 2020-01-01 to 2020-12-31 | -154,737 | USD | 366 |
| 2020-01-01 to 2020-03-31 | -38,355 | USD | 91 |
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 2021-03-31 | 2,136,003 | USD | |
| At 2020-12-31 | 2,065,008 | USD | |
| At 2020-03-31 | 984,711 | 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 2021-03-31 | 958,751 | USD | |
| At 2020-12-31 | 951,518 | USD | |
| At 2020-03-31 | 82,226 | 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 2021-03-31 | 10,967 | USD | |
| At 2020-12-31 | 9,829 | USD | |
| At 2020-03-31 | 11,677 | 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 2021-03-31 | 141,506 | USD | |
| At 2020-12-31 | 202,669 | USD | |
| At 2020-03-31 | 77,563 | USD |
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 2021-03-31 | 1,839,095 | USD | |
| At 2020-12-31 | 1,778,824 | USD | |
| At 2020-03-31 | 840,156 | 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 |
|---|---|---|---|
| 2021-01-01 to 2021-03-31 | 142,900 | USD | 90 |
| 2020-01-01 to 2020-12-31 | 238,517 | USD | 366 |
| 2020-01-01 to 2020-03-31 | 82,757 | USD | 91 |
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 2020-12-31 | 26,200,000 | 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 2021-03-31 | 131,033 | USD | |
| At 2020-12-31 | 131,033 | USD | |
| At 2020-03-31 | 131,033 | 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 2021-03-31 | 472,824 | USD | |
| At 2020-12-31 | -57,688 | USD | |
| At 2020-03-31 | -400,835 | USD |
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 |
|---|---|---|---|
| 2021-01-01 to 2021-03-31 | 48,708 | USD | 90 |
| 2020-01-01 to 2020-03-31 | 25,214 | USD | 91 |
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 |
|---|---|---|---|
| 2021-01-01 to 2021-03-31 | 95,092 | USD | 90 |
| 2020-01-01 to 2020-12-31 | 393,254 | USD | 366 |
| 2020-01-01 to 2020-03-31 | 121,112 | USD | 91 |
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 |
|---|---|---|---|
| 2021-01-01 to 2021-03-31 | 901 | USD | 90 |
| 2020-01-01 to 2020-12-31 | 1,005,347 | USD | 366 |
| 2020-01-01 to 2020-03-31 | 63,569 | USD | 91 |
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 |
|---|---|---|---|
| 2021-01-01 to 2021-03-31 | -3,097 | USD | 90 |
| 2020-01-01 to 2020-03-31 | 20,000 | USD | 91 |
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 |
|---|---|---|---|
| 2021-01-01 to 2021-03-31 | 60,271 | USD | 90 |
| 2020-01-01 to 2020-03-31 | 63,568 | USD | 91 |
Inspect the source
- Entity
- Free Flow USA Inc. / CIK 0001543652
- Captured
- 2026-09-20T09:17:47.723Z
- SEC response SHA-256
28a9eee9dd555f5515c46e31dfe960f3ae607e9bb2cf7d1b88d9376102e366be
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.
- Get an API key and run your first validation
- Connect the MCP server to your coding assistant
- Inspect the ALPHAC engine on GitHub
- Read the MCP server source and integration examples
Read the published dataset with Python
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"])))