SKKYNET CLOUD SYSTEMS, INC.: 10-K filed 2017-02-14

Name: SKKYNET CLOUD SYSTEMS, INC.: 10-K filed 2017-02-14
Creator: SKKYNET CLOUD SYSTEMS, INC.

What SKKYNET CLOUD SYSTEMS, INC. reported in its annual report filed 2017-02-14 (fiscal FY 2016): 37 published measures, 71 facts as tagged in accession 0001477932-17-000776.

This filing

Form: 10-K (annual report)
Filed: 2017-02-14
Fiscal period: fiscal FY 2016
Accession: 0001477932-17-000776 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 SKKYNET CLOUD SYSTEMS, 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 2016-10-31	450,071	USD
At 2015-10-31	660,417	USD

Total liabilities

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

Period	Value	Unit	Days
At 2016-10-31	203,805	USD
At 2015-10-31	195,422	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2016-10-31	246,266	USD
At 2015-10-31	464,995	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 2016-10-31	266,860	USD
At 2015-10-31	469,994	USD
At 2014-10-31	977,699	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
2015-11-01 to 2016-10-31	-1,097,444	USD	366
2014-11-01 to 2015-10-31	-1,312,482	USD	365

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
2015-11-01 to 2016-10-31	-166,161	USD	366
2014-11-01 to 2015-10-31	-503,718	USD	365

Revenue

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

Period	Value	Unit	Days
2015-11-01 to 2016-10-31	1,172,306	USD	366
2014-11-01 to 2015-10-31	1,221,598	USD	365

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
2014-11-01 to 2015-10-31	100,000	USD	365

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
2014-11-01 to 2015-10-31	-1,118	USD	365

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 2016-10-31	-4,113,254	USD
At 2015-10-31	-3,015,810	USD

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2015-11-01 to 2016-10-31	50,876,750	shares	366
2014-11-01 to 2015-10-31	50,787,549	shares	365

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	Value	Unit	Days
2015-11-01 to 2016-10-31	-33,770	USD	366
2014-11-01 to 2015-10-31	-77,767	USD	365

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 2016-10-31	1,311	USD
At 2015-10-31	1,762	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
2015-11-01 to 2016-10-31	594,625	USD	366
2014-11-01 to 2015-10-31	415,186	USD	365

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
2015-11-01 to 2016-10-31	-1,148,479	USD	366
2014-11-01 to 2015-10-31	-1,454,642	USD	365

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 2016-10-31	439,408	USD
At 2015-10-31	649,560	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
2014-11-01 to 2015-10-31	-13	USD	365

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 2016-10-31	203,805	USD
At 2015-10-31	195,422	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 2016-10-31	156,977	USD
At 2015-10-31	168,488	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 2016-10-31	4,079	USD
At 2015-10-31	11,078	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
2015-11-01 to 2016-10-31	1,148,990	USD	366
2014-11-01 to 2015-10-31	1,189,695	USD	365

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 2016-10-31	50,931,266	shares
At 2015-10-31	50,642,500	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 2016-10-31	4,190,320	USD
At 2015-10-31	3,314,187	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 2016-10-31	-75,398	USD
At 2015-10-31	-77,925	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
At 2016-10-31	246,266	USD
At 2015-10-31	464,995	USD
At 2014-10-31	564,590	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 2016-10-31	71,229	USD
At 2015-10-31	70,703	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 2016-10-31	69,918	USD
At 2015-10-31	68,941	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	Days
At 2016-10-31	9,352	USD
At 2015-10-31	9,095	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
2015-11-01 to 2016-10-31	-1,131,214	USD	366
2014-11-01 to 2015-10-31	-1,390,249	USD	365

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2015-11-01 to 2016-10-31	-1,109,064	USD	366
2014-11-01 to 2015-10-31	-1,315,287	USD	365

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
2015-11-01 to 2016-10-31	2,296,491	USD	366
2014-11-01 to 2015-10-31	2,574,372	USD	365

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
2015-11-01 to 2016-10-31	978	USD	366
2014-11-01 to 2015-10-31	38,978	USD	365

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

Period	Value	Unit	Days
2015-11-01 to 2016-10-31	31,298	USD	366

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
2015-11-01 to 2016-10-31	17,265	USD	366
2014-11-01 to 2015-10-31	64,393	USD	365

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
2014-11-01 to 2015-10-31	100,000	USD	365

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
2015-11-01 to 2016-10-31	14,133	USD	366
2014-11-01 to 2015-10-31	-64,664	USD	365

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
2015-11-01 to 2016-10-31	7,584	USD	366
2014-11-01 to 2015-10-31	-4,160	USD	365

Inspect the source

Entity: SKKYNET CLOUD SYSTEMS, INC. / CIK 0001546853
Captured: 2026-09-20T09:18:10.790Z
SEC response SHA-256: 8b5ecae61847c617b8d71c009ac72ccc8eb4fc72943c21ef9d6796b2297aa191

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001546853.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"])))