AKOUSTIS TECHNOLOGIES, INC.: 10-Q filed 2019-05-10

Name: AKOUSTIS TECHNOLOGIES, INC.: 10-Q filed 2019-05-10
Creator: AKOUSTIS TECHNOLOGIES, INC.

What AKOUSTIS TECHNOLOGIES, INC. reported in its quarterly report filed 2019-05-10 (fiscal Q3 2019): 34 published measures, 103 facts as tagged in accession 0001615774-19-007476.

This filing

Form: 10-Q (quarterly report)
Filed: 2019-05-10
Fiscal period: fiscal Q3 2019
Accession: 0001615774-19-007476 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 2019-03-31	52,164,898	USD
At 2018-06-30	29,307,916	USD

Total liabilities

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

Period	Value	Unit	Days
At 2019-03-31	22,464,894	USD
At 2018-06-30	15,458,054	USD

Stockholders equity

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

Period	Value	Unit
At 2019-03-31	29,700,004	USD
At 2018-12-31	36,551,393	USD
At 2018-09-30	9,140,008	USD
At 2018-06-30	13,849,862	USD
At 2018-03-31	16,739,248	USD
At 2017-12-31	19,930,307	USD
At 2017-09-30	11,069,414	USD
At 2017-06-30	15,010,907	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 2019-05-06	32,800,000	USD
At 2019-03-31	34,633,363	USD
At 2018-06-30	14,816,717	USD
At 2018-03-31	6,472,162	USD
At 2017-06-30	9,631,520	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
2019-01-01 to 2019-03-31	-9,433,911	USD	90
2018-07-01 to 2019-03-31	-23,486,935	USD	274
2018-10-01 to 2018-12-31	-6,745,325	USD	92
2018-07-01 to 2018-09-30	-7,307,699	USD	92
2018-01-01 to 2018-03-31	-4,802,640	USD	90
2017-07-01 to 2018-03-31	-14,986,254	USD	274
2017-10-01 to 2017-12-31	-5,540,416	USD	92
2017-07-01 to 2017-09-30	-4,643,198	USD	92

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
2018-07-01 to 2019-03-31	-13,418,667	USD	274
2017-07-01 to 2018-03-31	-11,085,213	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
2019-01-01 to 2019-03-31	237,463	USD	90
2018-07-01 to 2019-03-31	873,760	USD	274
2018-01-01 to 2018-03-31	284,408	USD	90
2017-07-01 to 2018-03-31	1,029,901	USD	274

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
2018-07-01 to 2019-03-31	37,730,448	USD	274
2017-07-01 to 2018-03-31	13,250,595	USD	274

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
2018-07-01 to 2019-03-31	-4,495,135	USD	274
2017-07-01 to 2018-03-31	-5,324,740	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 2019-03-31	-61,713,203	USD
At 2018-06-30	-38,246,684	USD

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 2019-03-31	15,484,870	USD
At 2018-06-30	12,820,169	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
2019-01-01 to 2019-03-31	2,255,301	USD	90
2018-07-01 to 2019-03-31	5,521,980	USD	274
2018-01-01 to 2018-03-31	1,551,500	USD	90
2017-07-01 to 2018-03-31	3,628,331	USD	274

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
2019-01-01 to 2019-03-31	-8,069,639	USD	90
2018-07-01 to 2019-03-31	-21,120,859	USD	274
2018-01-01 to 2018-03-31	-5,510,829	USD	90
2017-07-01 to 2018-03-31	-15,788,323	USD	274

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 2019-03-31	35,829,625	USD
At 2018-06-30	15,879,047	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 2019-03-31	2,804,241	USD
At 2018-06-30	2,646,370	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 2019-03-31	315,015	USD
At 2018-06-30	139,152	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 2019-03-31	159,346	USD
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
2019-01-01 to 2019-03-31	8,007,669	USD	90
2018-07-01 to 2019-03-31	21,181,396	USD	274
2018-01-01 to 2018-03-31	5,486,949	USD	90
2017-07-01 to 2018-03-31	15,986,871	USD	274

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 2019-03-31	149,807	USD
At 2018-06-30	57,556	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
2019-01-01 to 2019-03-31	-61,970	USD	90
2018-07-01 to 2019-03-31	60,537	USD	274
2018-01-01 to 2018-03-31	-23,880	USD	90
2017-07-01 to 2018-03-31	198,548	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
2019-01-01 to 2019-03-31	299,433	USD	90
2018-07-01 to 2019-03-31	813,223	USD	274
2018-01-01 to 2018-03-31	308,288	USD	90
2017-07-01 to 2018-03-31	831,353	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
2019-01-01 to 2019-03-31	5,547,341	USD	90
2018-07-01 to 2019-03-31	14,475,770	USD	274
2018-01-01 to 2018-03-31	3,044,957	USD	90
2017-07-01 to 2018-03-31	9,522,353	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 2019-03-31	30,008,412	shares
At 2018-06-30	22,203,437	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 2019-03-31	18,621,094	USD
At 2018-06-30	14,184,609	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 2019-03-31	3,136,224	USD
At 2018-06-30	1,364,440	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 2019-03-31	351,747	USD
At 2018-06-30	264,295	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 2019-03-31	198,656	USD
At 2018-06-30	11,155	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
2019-01-01 to 2019-03-31	2,460,328	USD	90
2018-07-01 to 2019-03-31	6,705,626	USD	274
2018-01-01 to 2018-03-31	2,441,992	USD	90
2017-07-01 to 2018-03-31	6,464,518	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
2019-01-01 to 2019-03-31	623,281	USD	90
2018-07-01 to 2019-03-31	1,810,142	USD	274
2018-01-01 to 2018-03-31	313,438	USD	90
2017-07-01 to 2018-03-31	783,857	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
2019-01-01 to 2019-03-31	-1,364,272	USD	90
2018-07-01 to 2019-03-31	-2,366,076	USD	274
2018-01-01 to 2018-03-31	708,189	USD	90
2017-07-01 to 2018-03-31	802,069	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
2018-07-01 to 2019-03-31	255,702	USD	274
2017-07-01 to 2018-03-31	199	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
2018-07-01 to 2019-03-31	28,659,168	USD	274
2017-07-01 to 2018-03-31	13,199,930	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
2018-07-01 to 2019-03-31	-55,313	USD	274
2017-07-01 to 2018-03-31	518,920	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
2018-07-01 to 2019-03-31	92,251	USD	274
2017-07-01 to 2018-03-31	-118,971	USD	274

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

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/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"])))