INNOVATIVE PAYMENT SOLUTIONS, INC.: 10-Q filed 2018-08-14
What INNOVATIVE PAYMENT SOLUTIONS, INC. reported in its quarterly report filed 2018-08-14 (fiscal Q2 2018): 38 published measures, 96 facts as tagged in accession 0001615774-18-008033.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2018-08-14
- Fiscal period
- fiscal Q2 2018
- Accession
- 0001615774-18-008033 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 INNOVATIVE PAYMENT SOLUTIONS, 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 | 1,497,760 | USD | |
| At 2017-12-31 | 1,383,795 | 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 | 4,286,371 | USD | |
| At 2017-12-31 | 5,784,310 | 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 2018-06-30 | 99,997 | USD | |
| At 2017-12-31 | 19,028 | USD | |
| At 2017-06-30 | 11,197 | USD | |
| At 2016-12-31 | 46,286 | 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 2018-06-30 | -4,130,612 | USD | 181 |
| 2017-01-01 to 2017-06-30 | -929,314 | USD | 181 |
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 2018-06-30 | -947,383 | USD | 181 |
| 2017-01-01 to 2017-06-30 | -650,802 | USD | 181 |
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 2018-06-30 | 1,753 | USD | 181 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 1,701,763 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 3,166,551 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 1,017,158 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 1,944,468 | USD | 181 |
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 2018-06-30 | 1,020,491 | USD | 181 |
| 2017-01-01 to 2017-06-30 | 896,500 | USD | 181 |
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 2018-06-30 | -1,753 | USD | 181 |
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 | -17,518,803 | USD | |
| At 2017-12-31 | -13,388,191 | 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 2018-06-30 | 140,071 | USD | |
| At 2017-12-31 | 160,301 | 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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 49,200 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 49,200 | USD | 181 |
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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | -492,341 | USD | 91 |
| 2018-01-01 to 2018-06-30 | -1,120,704 | USD | 181 |
| 2017-04-01 to 2017-06-30 | -499,303 | USD | 91 |
| 2017-01-01 to 2017-06-30 | -899,823 | USD | 181 |
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 | 1,240,420 | USD | |
| At 2017-12-31 | 1,088,127 | 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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 565,717 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 1,811,504 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 330,107 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 471,707 | USD | 181 |
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 | 4,286,371 | USD | |
| At 2017-12-31 | 5,784,310 | 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 | 103,917 | USD | |
| At 2017-12-31 | 125,417 | 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 | 31,623 | USD | |
| At 2017-12-31 | 59,628 | 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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 596,711 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 1,169,195 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 511,560 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 985,938 | USD | 181 |
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 | 496,452 | USD | |
| At 2017-12-31 | 504,794 | 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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 104,370 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 48,491 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 12,257 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 86,115 | USD | 181 |
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 | 83,415,544 | shares | |
| At 2017-12-31 | 56,207,424 | 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 2018-06-30 | 14,225,892 | USD | |
| At 2017-12-31 | 8,494,502 | 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 2018-06-30 | 495,958 | USD | |
| At 2017-12-31 | 487,554 | 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 | Days |
|---|---|---|---|
| At 2018-06-30 | -2,788,611 | USD | |
| At 2017-12-31 | -4,400,515 | 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 2018-06-30 | 356,878 | USD | |
| At 2017-12-31 | 355,676 | 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 | 216,807 | USD | |
| At 2017-12-31 | 195,375 | 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 | 103,917 | USD | |
| At 2017-12-31 | 125,417 | 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 | 10,352 | USD | |
| At 2017-12-31 | 6,950 | 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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | -2,462,126 | USD | 91 |
| 2018-01-01 to 2018-06-30 | -4,130,612 | USD | 181 |
| 2017-04-01 to 2017-06-30 | -373,376 | USD | 91 |
| 2017-01-01 to 2017-06-30 | -929,314 | USD | 181 |
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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 584,364 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 1,144,442 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 489,879 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 947,465 | USD | 181 |
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 2018-06-30 | 22,417 | USD | 181 |
| 2017-01-01 to 2017-06-30 | 35,295 | USD | 181 |
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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 10,856 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 22,417 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 20,286 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 35,295 | USD | 181 |
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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 10,750 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 21,500 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 10,750 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 21,500 | USD | 181 |
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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | -981,356 | USD | 91 |
| 2018-01-01 to 2018-06-30 | -3,459,955 | USD | 181 |
| 2017-04-01 to 2017-06-30 | -7,683 | USD | 91 |
| 2017-01-01 to 2017-06-30 | -7,583 | USD | 181 |
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 2018-06-30 | 21,417 | USD | 181 |
| 2017-01-01 to 2017-06-30 | 32,470 | USD | 181 |
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 2018-06-30 | -28,572 | USD | 181 |
| 2017-01-01 to 2017-06-30 | -1,479 | USD | 181 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | -7,794 | USD | 181 |
| 2017-01-01 to 2017-06-30 | -41,230 | USD | 181 |
Inspect the source
- Entity
- INNOVATIVE PAYMENT SOLUTIONS, INC. / CIK 0001591913
- Captured
- 2026-09-20T09:24:14.436Z
- SEC response SHA-256
df185d637e59248534b04e8f44fdec152794aad08daae80d878ac0026e794a6c
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/0001591913.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"])))