OPTEC INTERNATIONAL, INC.: 10-K filed 2018-10-15

Name: OPTEC INTERNATIONAL, INC.: 10-K filed 2018-10-15
Creator: OPTEC INTERNATIONAL, INC.

What OPTEC INTERNATIONAL, INC. reported in its annual report filed 2018-10-15 (fiscal FY 2018): 26 published measures, 53 facts as tagged in accession 0001079973-18-000551.

This filing

Form: 10-K (annual report)
Filed: 2018-10-15
Fiscal period: fiscal FY 2018
Accession: 0001079973-18-000551 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 OPTEC INTERNATIONAL, 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 2018-06-30	626,369	USD
At 2017-06-30	17,688	USD

Total liabilities

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

Period	Value	Unit	Days
At 2018-06-30	1,769,055	USD
At 2017-06-30	7,000	USD

Stockholders equity

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

Period	Value	Unit
At 2018-06-30	-1,142,686	USD
At 2017-06-30	10,688	USD
At 2016-06-30	20,699	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 2018-06-30	30,799	USD
At 2017-06-30	342	USD
At 2016-06-30	8,977	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
2017-07-01 to 2018-06-30	-1,320,874	USD	365
2016-07-01 to 2017-06-30	-10,011	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
2017-07-01 to 2018-06-30	-281,810	USD	365
2016-07-01 to 2017-06-30	-8,635	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
2017-07-01 to 2018-06-30	91,105	USD	365
2016-07-01 to 2017-06-30	24,200	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
2017-07-01 to 2018-06-30	421,267	USD	365
2016-07-01 to 2017-06-30	0	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
2017-07-01 to 2018-06-30	-109,000	USD	365
2016-07-01 to 2017-06-30	0	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 2018-06-30	-1,363,636	USD
At 2017-06-30	-42,762	USD

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 2018-06-30	118,799	USD
At 2017-06-30	5,042	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 2018-06-30	1,769,055	USD
At 2017-06-30	7,000	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 2018-06-30	0	USD
At 2017-06-30	4,700	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
2017-07-01 to 2018-06-30	204,328	USD	365
2016-07-01 to 2017-06-30	27,211	USD	365

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 2018-06-30	85,000	USD
At 2017-06-30	0	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
2017-07-01 to 2018-06-30	32,745	USD	365
2016-07-01 to 2017-06-30	17,200	USD	365

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
2017-07-01 to 2018-06-30	58,360	USD	365
2016-07-01 to 2017-06-30	7,000	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 2018-06-30	17,829,947	shares
At 2017-06-30	52,944,500	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 2018-06-30	203,120	USD
At 2017-06-30	505	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 2018-06-30	0	USD
At 2017-06-30	0	USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

Period	Value	Unit	Days
At 2018-06-30	0	USD
At 2017-06-30	0	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
2017-07-01 to 2018-06-30	1,376	USD	365
2016-07-01 to 2017-06-30	74	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
2017-07-01 to 2018-06-30	50,250	USD	365

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2017-07-01 to 2018-06-30	0	USD	365
2016-07-01 to 2017-06-30	0	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
2017-07-01 to 2018-06-30	-80,400	USD	365
2016-07-01 to 2017-06-30	-4,700	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
2017-07-01 to 2018-06-30	-85,000	USD	365
2016-07-01 to 2017-06-30	0	USD	365

Inspect the source

Entity: OPTEC INTERNATIONAL, INC. / CIK 0001557340
Captured: 2026-09-23 02:59 UTC
SEC response SHA-256: 2db1bcb3252afcec58b5095d0dcffca6de96fb5c27815c19f104f082c9a5831c

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

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Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001557340.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"])))