Microphase Corp: 10-Q filed 2016-02-16

Name: Microphase Corp: 10-Q filed 2016-02-16
Creator: Microphase Corp

What Microphase Corp reported in its quarterly report filed 2016-02-16 (fiscal Q2 2016): 38 published measures, 102 facts as tagged in accession 0001144204-16-082834.

This filing

Form: 10-Q (quarterly report)
Filed: 2016-02-16
Fiscal period: fiscal Q2 2016
Accession: 0001144204-16-082834 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 Microphase Corp 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 2015-12-31	3,136,226	USD
At 2015-06-30	2,939,174	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2015-12-31	-582,570	USD
At 2015-06-30	-787,676	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 2015-12-31	263,573	USD
At 2015-06-30	127,093	USD
At 2014-12-31	48,161	USD
At 2014-06-30	445,080	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
2015-10-01 to 2015-12-31	-182,681	USD	92
2015-07-01 to 2015-12-31	-112,294	USD	184
2014-10-01 to 2014-12-31	-1,099,111	USD	92
2014-07-01 to 2014-12-31	-1,225,894	USD	184

Revenue

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

Period	Value	Unit	Days
2015-10-01 to 2015-12-31	2,598,219	USD	92
2015-07-01 to 2015-12-31	5,050,074	USD	184
2014-10-01 to 2014-12-31	1,849,895	USD	92
2014-07-01 to 2014-12-31	3,779,078	USD	184

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 2015-12-31	-12,967,514	USD
At 2015-06-30	-12,855,220	USD

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
2015-10-01 to 2015-12-31	39,317	USD	92
2015-07-01 to 2015-12-31	40,367	USD	184
2014-10-01 to 2014-12-31	250	USD	92
2014-07-01 to 2014-12-31	250	USD	184

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 2015-12-31	202,407	USD
At 2015-06-30	194,160	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 2015-12-31	2,141,840	USD
At 2015-06-30	1,927,280	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 2015-12-31	3,081,016	USD
At 2015-06-30	3,395,362	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 2015-12-31	293,840	USD
At 2015-06-30	421,915	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 2015-12-31	1,012,859	USD
At 2015-06-30	881,221	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 2015-12-31	792,779	USD
At 2015-06-30	852,015	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
2015-10-01 to 2015-12-31	1,250,871	USD	92
2015-07-01 to 2015-12-31	2,287,543	USD	184
2014-10-01 to 2014-12-31	711,432	USD	92
2014-07-01 to 2014-12-31	1,535,560	USD	184

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
2015-10-01 to 2015-12-31	1,347,348	USD	92
2015-07-01 to 2015-12-31	2,762,531	USD	184
2014-10-01 to 2014-12-31	1,138,463	USD	92
2014-07-01 to 2014-12-31	2,243,518	USD	184

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2015-10-01 to 2015-12-31	1,067,780	USD	92
2015-07-01 to 2015-12-31	1,770,780	USD	184
2014-10-01 to 2014-12-31	1,234,908	USD	92
2014-07-01 to 2014-12-31	1,918,138	USD	184

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.

Period	Value	Unit	Days
2015-10-01 to 2015-12-31	261,150	USD	92
2015-07-01 to 2015-12-31	467,464	USD	184
2014-10-01 to 2014-12-31	293,386	USD	92
2014-07-01 to 2014-12-31	500,629	USD	184

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 2015-12-31	5,696,039	shares
At 2015-06-30	4,775,306	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 2015-12-31	2,432,111	USD
At 2015-06-30	2,396,711	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 2015-12-31	-18,000	USD
At 2015-06-30	0	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2015-12-31	15,704	USD
At 2015-06-30	28,446	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 2015-12-31	3,469,236	USD
At 2015-06-30	3,422,034	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 2015-12-31	3,266,829	USD
At 2015-06-30	3,227,874	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2015-12-31	466,500	USD
At 2015-06-30	474,255	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 2015-12-31	43,479	USD
At 2015-06-30	43,479	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 2015-12-31	1,109,217	USD
At 2015-06-30	1,105,943	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2015-12-31	40,084	USD
At 2015-06-30	38,906	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
2015-10-01 to 2015-12-31	-143,364	USD	92
2015-07-01 to 2015-12-31	-71,927	USD	184
2014-10-01 to 2014-12-31	-1,098,861	USD	92
2014-07-01 to 2014-12-31	-1,225,644	USD	184

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
2015-10-01 to 2015-12-31	-182,681	USD	92
2015-07-01 to 2015-12-31	-112,294	USD	184
2014-10-01 to 2014-12-31	-1,758,760	USD	92
2014-07-01 to 2014-12-31	-1,885,543	USD	184

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
2015-10-01 to 2015-12-31	19,566	USD	92
2015-07-01 to 2015-12-31	38,955	USD	184
2014-10-01 to 2014-12-31	18,499	USD	92
2014-07-01 to 2014-12-31	37,174	USD	184

Depreciation, depletion and amortization

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

Period	Value	Unit	Days
2015-07-01 to 2015-12-31	46,710	USD	184
2014-07-01 to 2014-12-31	44,929	USD	184

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
2015-10-01 to 2015-12-31	3,878	USD	92
2015-07-01 to 2015-12-31	3,878	USD	184
2014-10-01 to 2014-12-31	7,755	USD	92
2014-07-01 to 2014-12-31	7,755	USD	184

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.

Period	Value	Unit	Days
2015-10-01 to 2015-12-31	-6,018	USD	92
2015-07-01 to 2015-12-31	-3,768	USD	184
2014-10-01 to 2014-12-31	-1,232	USD	92
2014-07-01 to 2014-12-31	1,018	USD	184

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.

Period	Value	Unit	Days
2015-07-01 to 2015-12-31	107,552	USD	184
2014-07-01 to 2014-12-31	72,573	USD	184

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
2015-07-01 to 2015-12-31	0	USD	184
2014-07-01 to 2014-12-31	354,550	USD	184

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
2015-07-01 to 2015-12-31	131,638	USD	184
2014-07-01 to 2014-12-31	-321,835	USD	184

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
2015-07-01 to 2015-12-31	-59,236	USD	184
2014-07-01 to 2014-12-31	-5,805	USD	184

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
2015-07-01 to 2015-12-31	-128,075	USD	184
2014-07-01 to 2014-12-31	-4,685	USD	184

Inspect the source

Entity: Microphase Corp / CIK 0001574969
Captured: 2026-09-22 19:52 UTC
SEC response SHA-256: 55b2ce1d7517c4838cd6b41ce1f6da1902391a1089a82872dc32134ceb27901f

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.

Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001574969.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"])))