LIFE ON EARTH, INC.: 10-Q filed 2020-10-15
What LIFE ON EARTH, INC. reported in its quarterly report filed 2020-10-15 (fiscal Q1 2021): 24 published measures, 45 facts as tagged in accession 0001017386-20-000424.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2020-10-15
- Fiscal period
- fiscal Q1 2021
- Accession
- 0001017386-20-000424 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 LIFE ON EARTH, 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 2020-08-31 | 30,884 | USD | |
| At 2020-05-31 | 3,831 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-08-31 | 4,515,026 | USD | |
| At 2020-05-31 | 4,289,675 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-08-31 | -4,484,142 | USD | |
| At 2020-05-31 | -4,285,844 | USD | |
| At 2019-08-31 | -3,530,308 | USD | |
| At 2019-05-31 | -2,750,270 | 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 | Days |
|---|---|---|---|
| At 2020-08-31 | 4,884 | USD | |
| At 2020-05-31 | 3,831 | USD | |
| At 2019-08-31 | 6,499 | 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 |
|---|---|---|---|
| 2020-06-01 to 2020-08-31 | -372,617 | USD | 92 |
| 2019-06-01 to 2019-08-31 | -972,847 | USD | 92 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2020-06-01 to 2020-08-31 | 25,000 | USD | 92 |
| 2019-06-01 to 2019-08-31 | 32,197 | USD | 92 |
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 |
|---|---|---|---|
| 2020-06-01 to 2020-08-31 | 101,038 | USD | 92 |
| 2019-06-01 to 2019-08-31 | -33,719 | USD | 92 |
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 |
|---|---|---|---|
| 2019-06-01 to 2019-08-31 | -50,000 | USD | 92 |
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 2020-08-31 | -17,573,900 | USD | |
| At 2020-05-31 | -17,201,283 | 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 |
|---|---|---|---|
| 2019-06-01 to 2019-08-31 | 266,992 | USD | 92 |
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 |
|---|---|---|---|
| 2020-06-01 to 2020-08-31 | -282,394 | USD | 92 |
| 2019-06-01 to 2019-08-31 | -691,671 | USD | 92 |
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 2020-08-31 | 30,884 | USD | |
| At 2020-05-31 | 3,831 | 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 |
|---|---|---|---|
| 2020-06-01 to 2020-08-31 | 90,223 | USD | 92 |
| 2019-06-01 to 2019-08-31 | 209,566 | USD | 92 |
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 2020-08-31 | 4,515,026 | USD | |
| At 2020-05-31 | 4,289,675 | USD |
Goodwill carrying amount
Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-05-31 | 195,000 | 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 2020-08-31 | 26,000 | 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 |
|---|---|---|---|
| 2020-06-01 to 2020-08-31 | 282,059 | USD | 92 |
| 2019-06-01 to 2019-08-31 | 703,533 | USD | 92 |
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 |
|---|---|---|---|
| 2020-06-01 to 2020-08-31 | -335 | USD | 92 |
| 2019-06-01 to 2019-08-31 | 11,862 | USD | 92 |
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 2020-08-31 | 20,728,833 | shares | |
| At 2020-05-31 | 13,081,380 | 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 2020-08-31 | 13,067,729 | USD | |
| At 2020-05-31 | 12,901,158 | USD |
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 |
|---|---|---|---|
| 2019-06-01 to 2019-08-31 | 23,000 | USD | 92 |
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 |
|---|---|---|---|
| 2020-06-01 to 2020-08-31 | 0 | USD | 92 |
| 2019-06-01 to 2019-08-31 | 0 | USD | 92 |
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 |
|---|---|---|---|
| 2020-06-01 to 2020-08-31 | -26,000 | USD | 92 |
| 2019-06-01 to 2019-08-31 | 15,246 | USD | 92 |
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 |
|---|---|---|---|
| 2019-06-01 to 2019-08-31 | 18,771 | USD | 92 |
Inspect the source
- Entity
- LIFE ON EARTH, INC. / CIK 0001579010
- Captured
- SEC response SHA-256
2c8a4c9bd3497a48eb5399b22db4052e67679c19f412976730891d0ef5ca26de
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/0001579010.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"])))