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Zero Gravity Solutions, Inc.: 10-Q filed 2020-11-25

What Zero Gravity Solutions, Inc. reported in its quarterly report filed 2020-11-25 (fiscal Q2 2019): 33 published measures, 90 facts as tagged in accession 0001437749-20-024474.

This filing

Form
10-Q (quarterly report)
Filed
2020-11-25
Fiscal period
fiscal Q2 2019
Accession
0001437749-20-024474 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 Zero Gravity Solutions, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2019-06-302,375,132USD
At 2018-12-31552,152USD

Total liabilities

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

PeriodValueUnitDays
At 2019-06-303,021,582USD
At 2018-12-315,648,305USD

Stockholders equity

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

PeriodValueUnitDays
At 2019-06-30-645,895USD
At 2018-12-31-5,096,153USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2019-04-01 to 2019-06-30-2,619,945USD91
2019-01-01 to 2019-06-30-3,850,761USD181
2018-04-01 to 2018-06-30-1,274,385USD91
2018-01-01 to 2018-06-30-2,851,062USD181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2019-01-01 to 2019-06-30-1,988,554USD181
2018-01-01 to 2018-06-30-1,832,115USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2019-01-01 to 2019-06-303,727,825USD181
2018-01-01 to 2018-06-302,811,819USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2019-06-30-33,271,377USD
At 2018-12-31-29,420,616USD

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.

PeriodValueUnitDays
At 2019-06-3073,406USD
At 2018-12-3185,523USD

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-30-1,053,179USD91
2019-01-01 to 2019-06-30-1,923,780USD181
2018-04-01 to 2018-06-30-1,152,662USD91
2018-01-01 to 2018-06-30-2,644,255USD181

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.

PeriodValueUnitDays
At 2019-06-302,076,414USD
At 2018-12-31461,812USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2019-06-301,243,769USD
At 2018-12-313,152,978USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2019-06-302,275USD
At 2018-12-31342USD

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-301,051,775USD91
2019-01-01 to 2019-06-301,939,558USD181
2018-04-01 to 2018-06-301,177,535USD91
2018-01-01 to 2018-06-302,672,048USD181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2019-06-3026,326USD
At 2018-12-31103,142USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2019-04-01 to 2019-06-30-1,404USD91
2019-01-01 to 2019-06-3015,778USD181
2018-04-01 to 2018-06-3024,873USD91
2018-01-01 to 2018-06-3027,793USD181

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-306,327USD91
2019-01-01 to 2019-06-3033,640USD181
2018-04-01 to 2018-06-304,727USD91
2018-01-01 to 2018-06-305,277USD181

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2019-04-01 to 2019-06-3063,891USD91
2019-01-01 to 2019-06-3064,962USD181
2018-04-01 to 2018-06-3016,710USD91
2018-01-01 to 2018-06-30101,451USD181

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.

PeriodValueUnitDays
At 2019-06-3039,332,310shares
At 2018-12-3140,954,115shares

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.

PeriodValueUnitDays
At 2019-06-3032,586,150USD
At 2018-12-3124,283,509USD

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.

PeriodValueUnitDays
At 2019-06-30-646,450USD
At 2019-03-31-6,131,032USD
At 2018-12-31-5,096,153USD
At 2018-06-30-3,057,628USD
At 2018-03-311,680USD
At 2017-12-31-1,969,304USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2019-06-30159,389USD
At 2018-12-31159,389USD

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.

PeriodValueUnitDays
At 2019-06-3085,983USD
At 2018-12-3173,866USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2019-06-30225,312USD
At 2018-12-314,817USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2018-12-31250,000USD

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-30-2,620,228USD91
2019-01-01 to 2019-06-30-3,851,316USD181
2019-01-01 to 2019-03-31-1,230,816USD90
2018-04-01 to 2018-06-30-1,274,385USD91
2018-01-01 to 2018-06-30-2,851,062USD181
2018-01-01 to 2018-03-31-1,576,677USD90

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-30987,884USD91
2019-01-01 to 2019-06-301,874,596USD181
2018-04-01 to 2018-06-301,160,825USD91
2018-01-01 to 2018-06-302,570,597USD181

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-305,786USD91
2019-01-01 to 2019-06-3012,117USD181
2018-04-01 to 2018-06-306,190USD91
2018-01-01 to 2018-06-3012,425USD181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2019-01-01 to 2019-06-3012,117USD181
2018-01-01 to 2018-06-3013,168USD181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2019-04-01 to 2019-06-30-1,567,049USD91
2019-01-01 to 2019-06-30-1,927,536USD181
2018-04-01 to 2018-06-30-121,723USD91
2018-01-01 to 2018-06-30-206,807USD181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2019-01-01 to 2019-06-3016,043USD181
2018-01-01 to 2018-06-30133,502USD181

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.

PeriodValueUnitDays
2018-01-01 to 2018-06-30911,154USD181

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.

PeriodValueUnitDays
2019-01-01 to 2019-06-304,645USD181
2018-01-01 to 2018-06-3026,592USD181

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.

PeriodValueUnitDays
2019-01-01 to 2019-06-30153,965USD181
2018-01-01 to 2018-06-30-3,887USD181

Inspect the source

Entity
Zero Gravity Solutions, Inc. / CIK 0001574186
Captured
SEC response SHA-256
d9cae792e441a9c24d13700442b4ec60ee2e8d61fa038cfb5cff329339013f36

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

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001574186.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"])))