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GULF WEST SECURITY NETWORK, INC.: 10-Q filed 2019-08-14

What GULF WEST SECURITY NETWORK, INC. reported in its quarterly report filed 2019-08-14 (fiscal Q2 2019): 23 published measures, 65 facts as tagged in accession 0001477932-19-004854.

This filing

Form
10-Q (quarterly report)
Filed
2019-08-14
Fiscal period
fiscal Q2 2019
Accession
0001477932-19-004854 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 GULF WEST SECURITY NETWORK, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2019-06-3086,696USD
At 2018-12-31152,264USD

Total liabilities

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

PeriodValueUnitDays
At 2019-06-301,850,664USD
At 2018-12-311,484,172USD

Stockholders equity

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

PeriodValueUnitDays
At 2019-06-30-1,763,968USD
At 2019-03-31-1,553,075USD
At 2018-12-31-1,331,908USD
At 2018-06-30-196,662USD
At 2018-03-31-72,863USD
At 2017-12-3112,440USD

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.

PeriodValueUnitDays
At 2019-06-3011,569USD
At 2018-12-3164,798USD
At 2018-06-30191,096USD
At 2017-12-316,137USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2019-04-01 to 2019-06-30-210,891USD91
2019-01-01 to 2019-03-31-221,167USD90
2018-04-01 to 2018-06-30-123,799USD91
2018-01-01 to 2018-03-31-83,507USD90

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2019-04-01 to 2019-06-303,363USD91
2019-01-01 to 2019-06-307,232USD181
2018-04-01 to 2018-06-304,183USD91
2018-01-01 to 2018-06-309,168USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2019-01-01 to 2019-06-30165,000USD181
2018-01-01 to 2018-06-30410,000USD181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2019-01-01 to 2019-06-300USD181
2018-01-01 to 2018-06-300USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2019-06-30-1,946,440USD
At 2018-12-31-1,514,380USD

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-30-160,146USD91
2019-01-01 to 2019-06-30-431,827USD181
2018-04-01 to 2018-06-30-123,799USD91
2018-01-01 to 2018-06-30-207,307USD181

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.

PeriodValueUnitDays
At 2019-06-3086,696USD
At 2018-12-31152,264USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2019-06-301,923USD
At 2018-12-311,906USD

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-30160,889USD91
2019-01-01 to 2019-06-30434,450USD181
2018-04-01 to 2018-06-30125,572USD91
2018-01-01 to 2018-06-30213,013USD181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2019-06-306,514USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2019-04-01 to 2019-06-30743USD91
2019-01-01 to 2019-06-302,623USD181
2018-04-01 to 2018-06-301,773USD91
2018-01-01 to 2018-06-305,706USD181

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-302,620USD91
2019-01-01 to 2019-06-304,609USD181
2018-04-01 to 2018-06-302,410USD91
2018-01-01 to 2018-06-303,462USD181

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.

PeriodValueUnitDays
At 2019-06-304,518,250shares
At 2018-12-314,518,250shares

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.

PeriodValueUnitDays
At 2019-06-30177,210USD
At 2018-12-31177,210USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2019-04-01 to 2019-06-30-160,146USD91
2019-01-01 to 2019-06-30-431,827USD181
2018-04-01 to 2018-06-30-123,799USD91
2018-01-01 to 2018-06-30-207,307USD181

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-30155,845USD91
2019-01-01 to 2019-06-30419,362USD181
2018-04-01 to 2018-06-30115,768USD91
2018-01-01 to 2018-06-30193,405USD181

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.

PeriodValueUnitDays
2018-01-01 to 2018-06-30200USD181

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.

PeriodValueUnitDays
2019-01-01 to 2019-06-30-17USD181
2018-01-01 to 2018-06-30-1,721USD181

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.

PeriodValueUnitDays
2019-01-01 to 2019-06-30-6,514USD181

Inspect the source

Entity
GULF WEST SECURITY NETWORK, INC. / CIK 0001592603
Captured
SEC response SHA-256
6899e778deccee84814251ede95d9cd1789883170424273382fec22489f5469d

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.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

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Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001592603.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"])))