Free Flow USA Inc.: 10-Q filed 2019-08-07

Name: Free Flow USA Inc.: 10-Q filed 2019-08-07
Creator: Free Flow USA Inc.

What Free Flow USA Inc. reported in its quarterly report filed 2019-08-07 (fiscal Q2 2019): 24 published measures, 60 facts as tagged in accession 0001165527-19-000132.

This filing

Form: 10-Q (quarterly report)
Filed: 2019-08-07
Fiscal period: fiscal Q2 2019
Accession: 0001165527-19-000132 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 2019-06-30	1,556,891	USD
At 2018-12-31	1,388,254	USD

Total liabilities

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

Period	Value	Unit	Days
At 2019-06-30	1,165,618	USD
At 2018-12-31	907,948	USD

Stockholders equity

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

Period	Value	Unit
At 2019-06-30	-409,662	USD
At 2019-01-01	-437,796	USD
At 2018-12-31	-320,629	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 2019-06-30	46,908	USD
At 2018-12-31	19,115	USD
At 2018-06-30	4,600	USD
At 2017-12-31	5,354	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
2019-04-01 to 2019-06-30	-34,405	USD	91
2019-01-01 to 2019-06-30	-105,522	USD	181
2018-04-01 to 2018-06-30	7,815	USD	91
2018-01-01 to 2018-06-30	21,701	USD	181

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
2019-01-01 to 2019-06-30	-241,242	USD	181
2018-01-01 to 2018-06-30	-59,685	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
2019-04-01 to 2019-06-30	58,784	USD	91
2019-01-01 to 2019-06-30	147,569	USD	181
2018-04-01 to 2018-06-30	39,795	USD	91
2018-01-01 to 2018-06-30	79,600	USD	181

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
2019-01-01 to 2019-06-30	269,035	USD	181
2018-01-01 to 2018-06-30	-58,931	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 2019-06-30	-437,996	USD
At 2018-12-31	-437,796	USD

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	Value	Unit	Days
2019-04-01 to 2019-06-30	0.01	USD/shares	91
2019-01-01 to 2019-06-30	-0.004	USD/shares	181
2018-04-01 to 2018-06-30	0.0003	USD/shares	91
2018-01-01 to 2018-06-30	0.0008	USD/shares	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 2019-06-30	783,269	USD
At 2018-12-31	617,634	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 2019-06-30	18,741	USD
At 2018-12-31	7,848	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 2019-06-30	682,361	USD
At 2018-12-31	571,260	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
2019-04-01 to 2019-06-30	34,012	USD	91
2019-01-01 to 2019-06-30	78,286	USD	181
2018-04-01 to 2018-06-30	25,274	USD	91
2018-01-01 to 2018-06-30	52,323	USD	181

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
2019-04-01 to 2019-06-30	58,784	USD	91
2019-01-01 to 2019-06-30	147,569	USD	181
2018-04-01 to 2018-06-30	39,795	USD	91
2018-01-01 to 2018-06-30	79,600	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
At 2019-06-30	26,200,000	shares
At 2018-12-31	26,200,000	shares
At 2017-12-31	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 2019-06-30	129,033	USD
At 2018-12-31	114,546	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 2019-06-30	200	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 2019-06-30	744,614	USD
At 2018-12-31	741,612	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 2019-06-30	30,901	USD
At 2018-12-31	30,901	USD

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
2019-04-01 to 2019-06-30	68,418	USD	91
2019-01-01 to 2019-06-30	183,808	USD	181
2018-04-01 to 2018-06-30	17,459	USD	91
2018-01-01 to 2018-06-30	30,623	USD	181

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
2019-01-01 to 2019-06-30	14,490	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
2019-01-01 to 2019-06-30	-24,286	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
2018-01-01 to 2018-06-30	-21,140	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"])))