I-ON Digital Corp.: 10-K filed 2019-04-16

Name: I-ON Digital Corp.: 10-K filed 2019-04-16
Creator: I-ON Digital Corp.

What I-ON Digital Corp. reported in its annual report filed 2019-04-16 (fiscal FY 2018): 52 published measures, 105 facts as tagged in accession 0001140361-19-007185.

This filing

Form: 10-K (annual report)
Filed: 2019-04-16
Fiscal period: fiscal FY 2018
Accession: 0001140361-19-007185 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 I-ON Digital 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 2018-12-31	9,872,972	USD
At 2017-12-31	10,198,381	USD

Total liabilities

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

Period	Value	Unit	Days
At 2018-12-31	2,437,849	USD
At 2017-12-31	2,181,243	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2018-12-31	7,434,704	USD
At 2017-12-31	8,016,886	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 2018-12-31	1,709,210	USD
At 2017-12-31	1,439,700	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
2018-01-01 to 2018-12-31	82,171	USD	365
2017-01-01 to 2017-12-31	19,109	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
2018-01-01 to 2018-12-31	171,880	USD	365
2017-01-01 to 2017-12-31	1,917	USD	365

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	155,312	USD	365
2017-01-01 to 2017-12-31	91,067	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
2018-01-01 to 2018-12-31	7,091,647	USD	365
2017-01-01 to 2017-12-31	9,206,355	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
2018-01-01 to 2018-12-31	328,923	USD	365
2017-01-01 to 2017-12-31	-461,766	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
2018-01-01 to 2018-12-31	-162,680	USD	365
2017-01-01 to 2017-12-31	-340,294	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 2018-12-31	4,609,785	USD
At 2017-12-31	4,527,781	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	35,030,339	shares	365
2017-01-01 to 2017-12-31	26,000,000	shares	365

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	35,030,339	shares	365
2017-01-01 to 2017-12-31	26,000,000	shares	365

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	0	USD/shares	365
2017-01-01 to 2017-12-31	0	USD/shares	365

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	0	USD/shares	365
2017-01-01 to 2017-12-31	0	USD/shares	365

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
2018-01-01 to 2018-12-31	-423,093	USD	365
2017-01-01 to 2017-12-31	146,901	USD	365

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 2018-12-31	163,995	USD
At 2017-12-31	69,455	USD

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
2018-01-01 to 2018-12-31	-432,017	USD	365
2017-01-01 to 2017-12-31	586,679	USD	365

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 2018-12-31	7,790,797	USD
At 2017-12-31	8,645,961	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
2018-01-01 to 2018-12-31	22,763	USD	365
2017-01-01 to 2017-12-31	10,149	USD	365

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 2018-12-31	2,010,452	USD
At 2017-12-31	1,901,236	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 2018-12-31	375,318	USD
At 2017-12-31	520,045	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2018-12-31	0	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 2018-12-31	2,692,933	USD
At 2017-12-31	4,014,388	USD

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	709,478	USD	365
2017-01-01 to 2017-12-31	0	USD	365

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
2018-01-01 to 2018-12-31	2,264,265	USD	365
2017-01-01 to 2017-12-31	2,420,290	USD	365

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
2018-01-01 to 2018-12-31	1,832,248	USD	365
2017-01-01 to 2017-12-31	3,006,969	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
2018-01-01 to 2018-12-31	5,259,399	USD	365
2017-01-01 to 2017-12-31	6,199,386	USD	365

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
2018-01-01 to 2018-12-31	329,366	USD	365
2017-01-01 to 2017-12-31	670,714	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 2018-12-31	35,130,339	shares
At 2017-12-31	26,000,000	shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2018-12-31	3,408,541	USD
At 2017-12-31	3,235,481	USD
At 2016-12-31	3,627,979	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 2018-12-31	-52,193	USD
At 2017-12-31	274,468	USD

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.

Period	Value	Unit
At 2018-12-31	7,435,123	USD
At 2017-12-31	8,017,138	USD
At 2016-12-31	7,188,680	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 2018-12-31	491,906	USD
At 2017-12-31	280,007	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 2018-12-31	1,479,962	USD
At 2017-12-31	1,274,561	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 2018-12-31	1,315,967	USD
At 2017-12-31	1,205,106	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 2018-12-31	136,432	USD
At 2017-12-31	74,642	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 2018-12-31	790,676	USD
At 2017-12-31	1,197,005	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 2018-12-31	856,959	USD
At 2017-12-31	537,402	USD

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.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	82,004	USD	365
2017-01-01 to 2017-12-31	19,018	USD	365

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
2018-01-01 to 2018-12-31	1,934,899	USD	365
2017-01-01 to 2017-12-31	1,749,576	USD	365

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
2018-01-01 to 2018-12-31	56,295	USD	365
2017-01-01 to 2017-12-31	100,151	USD	365

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
2018-01-01 to 2018-12-31	76,818	USD	365
2017-01-01 to 2017-12-31	115,155	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
2018-01-01 to 2018-12-31	20,523	USD	365
2017-01-01 to 2017-12-31	15,004	USD	365

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	147,206	USD	365
2017-01-01 to 2017-12-31	-393,006	USD	365

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
2018-01-01 to 2018-12-31	124,443	USD	365
2017-01-01 to 2017-12-31	-366,660	USD	365

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	17,988	USD	365
2017-01-01 to 2017-12-31	37,240	USD	365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2018-01-01 to 2018-12-31	-441,081	USD	365
2017-01-01 to 2017-12-31	109,661	USD	365

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
2018-01-01 to 2018-12-31	22,763	USD	365
2017-01-01 to 2017-12-31	10,149	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
2018-01-01 to 2018-12-31	17,988	USD	365
2017-01-01 to 2017-12-31	37,239	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
2018-01-01 to 2018-12-31	-1,144,298	USD	365
2017-01-01 to 2017-12-31	692,185	USD	365

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
2018-01-01 to 2018-12-31	-96,846	USD	365
2017-01-01 to 2017-12-31	197,131	USD	365

Inspect the source

Entity: I-ON Digital Corp. / CIK 0001580490
Captured: 2026-09-20T09:22:36.101Z
SEC response SHA-256: 96ebfbd898f6c923ee7a65b8f6a00d36ea546ee17b0b57c1ccf391607903884d

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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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001580490.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"])))