AKOUSTIS TECHNOLOGIES, INC.: 10-K filed 2018-08-29

Name: AKOUSTIS TECHNOLOGIES, INC.: 10-K filed 2018-08-29
Creator: AKOUSTIS TECHNOLOGIES, INC.

What AKOUSTIS TECHNOLOGIES, INC. reported in its annual report filed 2018-08-29 (fiscal FY 2018): 36 published measures, 69 facts as tagged in accession 0001615774-18-008796.

This filing

Form: 10-K (annual report)
Filed: 2018-08-29
Fiscal period: fiscal FY 2018
Accession: 0001615774-18-008796 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 AKOUSTIS TECHNOLOGIES, 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 2018-06-30	29,307,916	USD
At 2017-06-30	18,092,317	USD

Total liabilities

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

Period	Value	Unit	Days
At 2018-06-30	15,458,054	USD
At 2017-06-30	3,081,410	USD

Stockholders equity

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

Period	Value	Unit
At 2018-06-30	13,849,862	USD
At 2017-06-30	15,010,907	USD
At 2016-06-30	2,676,364	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 2018-06-30	14,816,717	USD
At 2017-06-30	9,631,520	USD
At 2016-06-30	4,155,444	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
2017-07-01 to 2018-06-30	-21,738,627	USD	365
2016-07-01 to 2017-06-30	-9,833,244	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
2017-07-01 to 2018-06-30	-14,199,982	USD	365
2016-07-01 to 2017-06-30	-5,548,622	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
2017-07-01 to 2018-06-30	1,207,865	USD	365
2016-07-01 to 2017-06-30	486,496	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
2017-07-01 to 2018-06-30	26,400,173	USD	365
2016-07-01 to 2017-06-30	15,556,531	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
2017-07-01 to 2018-06-30	-7,014,994	USD	365
2016-07-01 to 2017-06-30	-4,531,833	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 2018-06-30	-38,246,684	USD
At 2017-06-30	-16,508,057	USD

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
2016-07-01 to 2017-06-30	-0.58	USD/shares	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 2018-06-30	12,820,169	USD
At 2017-06-30	7,853,814	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
2017-07-01 to 2018-06-30	5,490,517	USD	365
2016-07-01 to 2017-06-30	4,631,115	USD	365

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
2017-07-01 to 2018-06-30	-22,277,728	USD	365
2016-07-01 to 2017-06-30	-10,683,571	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 2018-06-30	15,879,047	USD
At 2017-06-30	10,021,261	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 2018-06-30	2,646,370	USD
At 2017-06-30	1,350,868	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 2018-06-30	139,152	USD
At 2017-06-30	494,515	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 2018-06-30	193,390	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 2018-06-30	214,659	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
2017-07-01 to 2018-06-30	22,466,103	USD	365
2016-07-01 to 2017-06-30	11,170,067	USD	365

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 2018-06-30	57,556	USD
At 2017-06-30	188,476	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
2017-07-01 to 2018-06-30	188,375	USD	365
2016-07-01 to 2017-06-30	486,496	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
2017-07-01 to 2018-06-30	1,019,490	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
2017-07-01 to 2018-06-30	13,266,975	USD	365
2016-07-01 to 2017-06-30	5,013,260	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 2018-06-30	22,203,437	shares
At 2017-06-30	19,075,050	shares

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 2018-06-30	14,184,609	USD
At 2017-06-30	7,999,825	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 2018-06-30	1,364,440	USD
At 2017-06-30	146,011	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 2018-06-30	264,295	USD
At 2017-06-30	206,527	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 2018-06-30	11,155	USD
At 2017-06-30	10,715	USD

Other noncurrent liabilities

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

Period	Value	Unit	Days
At 2018-06-30	117,086	USD

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
2017-07-01 to 2018-06-30	8,804,103	USD	365
2016-07-01 to 2017-06-30	6,156,807	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
2017-07-01 to 2018-06-30	1,247,518	USD	365
2016-07-01 to 2017-06-30	102,876	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
2017-07-01 to 2018-06-30	15,078	USD	365
2016-07-01 to 2017-06-30	7,208	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
2017-07-01 to 2018-06-30	539,101	USD	365
2016-07-01 to 2017-06-30	850,327	USD	365

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
2017-07-01 to 2018-06-30	13,199,930	USD	365
2016-07-01 to 2017-06-30	15,384,771	USD	365

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
2017-07-01 to 2018-06-30	-130,920	USD	365
2016-07-01 to 2017-06-30	48,883	USD	365

Inspect the source

Entity: AKOUSTIS TECHNOLOGIES, INC. / CIK 0001584754
Captured: 2026-09-21T17:20:57.324Z
SEC response SHA-256: ab49f9b2832a56e10ca9451c79bf3c2097166048af2fae9335e64d406f0be6e9

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/0001584754.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"])))