Microphase Corp: 10-Q filed 2016-09-16

Name: Microphase Corp: 10-Q filed 2016-09-16
Creator: Microphase Corp

What Microphase Corp reported in its quarterly report filed 2016-09-16 (fiscal Q3 2016): 37 published measures, 100 facts as tagged in accession 0001144204-16-124263.

This filing

Form: 10-Q (quarterly report)
Filed: 2016-09-16
Fiscal period: fiscal Q3 2016
Accession: 0001144204-16-124263 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 2016-03-31	4,775,264	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 2016-03-31	-711,946	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 2016-03-31	73,669	USD
At 2015-06-30	127,093	USD
At 2015-03-31	109,012	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
2016-01-01 to 2016-03-31	-716,876	USD	91
2015-07-01 to 2016-03-31	-829,170	USD	275
2015-01-01 to 2015-03-31	-67,152	USD	90
2014-07-01 to 2015-03-31	-1,293,046	USD	274

Revenue

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

Period	Value	Unit	Days
2016-01-01 to 2016-03-31	1,952,817	USD	91
2015-07-01 to 2016-03-31	7,002,891	USD	275
2015-01-01 to 2015-03-31	2,305,665	USD	90
2014-07-01 to 2015-03-31	6,084,743	USD	274

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 2016-03-31	-13,684,390	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
2016-01-01 to 2016-03-31	5,750	USD	91
2015-07-01 to 2016-03-31	46,117	USD	275
2015-01-01 to 2015-03-31	6,000	USD	90
2014-07-01 to 2015-03-31	6,250	USD	274

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 2016-03-31	182,841	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 2016-03-31	1,606,870	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 2016-03-31	3,883,595	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 2016-03-31	563,185	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 2016-03-31	670,510	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 2016-03-31	773,444	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
2016-01-01 to 2016-03-31	578,623	USD	91
2015-07-01 to 2016-03-31	2,866,166	USD	275
2015-01-01 to 2015-03-31	1,059,828	USD	90
2014-07-01 to 2015-03-31	2,595,388	USD	274

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
2016-01-01 to 2016-03-31	1,374,194	USD	91
2015-07-01 to 2016-03-31	4,136,725	USD	275
2015-01-01 to 2015-03-31	1,245,837	USD	90
2014-07-01 to 2015-03-31	3,489,355	USD	274

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
2016-01-01 to 2016-03-31	825,650	USD	91
2015-07-01 to 2016-03-31	2,596,430	USD	275
2015-01-01 to 2015-03-31	834,923	USD	90
2014-07-01 to 2015-03-31	2,753,061	USD	274

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
2016-01-01 to 2016-03-31	258,410	USD	91
2015-07-01 to 2016-03-31	725,874	USD	275
2015-01-01 to 2015-03-31	223,564	USD	90
2014-07-01 to 2015-03-31	724,193	USD	274

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 2016-03-31	5,980,789	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 2016-03-31	2,432,111	USD
At 2015-06-30	2,396,711	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 2016-03-31	17,118	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 2016-03-31	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 2016-03-31	3,286,395	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 2016-03-31	2,642,074	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 2016-03-31	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 2016-03-31	938,283	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 2016-03-31	55,952	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
2016-01-01 to 2016-03-31	-711,126	USD	91
2015-07-01 to 2016-03-31	-783,053	USD	275
2015-01-01 to 2015-03-31	-61,152	USD	90
2014-07-01 to 2015-03-31	-1,286,796	USD	274

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
2016-01-01 to 2016-03-31	-716,876	USD	91
2015-07-01 to 2016-03-31	-829,170	USD	275
2015-01-01 to 2015-03-31	-67,152	USD	90
2014-07-01 to 2015-03-31	-1,952,695	USD	274

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
2016-01-01 to 2016-03-31	19,566	USD	91
2015-07-01 to 2016-03-31	58,521	USD	275
2015-01-01 to 2015-03-31	18,498	USD	90
2014-07-01 to 2015-03-31	55,672	USD	274

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 2016-03-31	70,154	USD	275
2014-07-01 to 2015-03-31	67,305	USD	274

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
2016-01-01 to 2016-03-31	3,878	USD	91
2015-07-01 to 2016-03-31	11,633	USD	275
2015-01-01 to 2015-03-31	3,878	USD	90
2014-07-01 to 2015-03-31	11,633	USD	274

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
2016-01-01 to 2016-03-31	518	USD	91
2015-07-01 to 2016-03-31	-3,250	USD	275
2015-01-01 to 2015-03-31	-2,965	USD	90
2014-07-01 to 2015-03-31	-1,947	USD	274

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 2016-03-31	192,872	USD	275
2014-07-01 to 2015-03-31	147,162	USD	274

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 2016-03-31	0	USD	275
2014-07-01 to 2015-03-31	447,050	USD	274

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 2016-03-31	-210,711	USD	275
2014-07-01 to 2015-03-31	74,453	USD	274

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 2016-03-31	-78,571	USD	275
2014-07-01 to 2015-03-31	-36,886	USD	274

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 2016-03-31	141,270	USD	275
2014-07-01 to 2015-03-31	-15,004	USD	274

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.

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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"])))