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Superior Drilling Products, Inc.: 10-Q filed 2019-08-19

What Superior Drilling Products, Inc. reported in its quarterly report filed 2019-08-19 (fiscal Q2 2019): 38 published measures, 102 facts as tagged in accession 0001493152-19-013082.

This filing

Form
10-Q (quarterly report)
Filed
2019-08-19
Fiscal period
fiscal Q2 2019
Accession
0001493152-19-013082 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 Superior Drilling Products, Inc. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2019-06-3018,985,327USD
At 2018-12-3119,639,193USD

Total liabilities

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

PeriodValueUnitDays
At 2019-06-3011,900,442USD
At 2018-12-3112,228,974USD

Stockholders equity

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

PeriodValueUnitDays
At 2019-06-307,084,885USD
At 2018-12-317,410,219USD

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 2019-06-303,214,651USD
At 2018-12-314,264,767USD

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 2019-06-30-397,424USD91
2019-01-01 to 2019-06-30-643,300USD181
2018-04-01 to 2018-06-30912,960USD91
2018-01-01 to 2018-06-30895,207USD181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2019-01-01 to 2019-06-30929,644USD181
2018-01-01 to 2018-06-302,092,897USD181

Capital expenditure payments

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

PeriodValueUnitDays
2019-01-01 to 2019-06-30685,614USD181
2018-01-01 to 2018-06-30131,716USD181

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2019-04-01 to 2019-06-304,543,442USD91
2019-01-01 to 2019-06-309,579,788USD181
2018-04-01 to 2018-06-305,398,923USD91
2018-01-01 to 2018-06-309,999,216USD181

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 2019-06-30-1,294,146USD181
2018-01-01 to 2018-06-30-1,252,463USD181

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 2019-06-30-685,614USD181
2018-01-01 to 2018-06-30-131,716USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2019-06-30-32,698,710USD
At 2018-12-31-32,055,410USD

Basic weighted-average shares

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

PeriodValueUnitDays
2019-04-01 to 2019-06-3025,034,580shares91
2019-01-01 to 2019-06-3025,026,384shares181
2018-04-01 to 2018-06-3024,535,155shares91
2018-01-01 to 2018-06-3024,535,155shares181

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-3025,034,580shares91
2019-01-01 to 2019-06-3025,026,384shares181
2018-04-01 to 2018-06-3025,140,467shares91
2018-01-01 to 2018-06-3025,140,467shares181

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-30-0.02USD/shares91
2019-01-01 to 2019-06-30-0.03USD/shares181
2018-04-01 to 2018-06-300.04USD/shares91
2018-01-01 to 2018-06-300.04USD/shares181

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-30-0.02USD/shares91
2019-01-01 to 2019-06-30-0.03USD/shares181
2018-04-01 to 2018-06-300.04USD/shares91
2018-01-01 to 2018-06-300.04USD/shares181

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.

PeriodValueUnitDays
At 2019-06-308,172,914USD
At 2018-12-318,226,009USD

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.

PeriodValueUnitDays
2019-01-01 to 2019-06-30317,966USD181
2018-01-01 to 2018-06-30240,344USD181

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 2019-06-30-216,761USD91
2019-01-01 to 2019-06-30-303,588USD181
2018-04-01 to 2018-06-301,087,584USD91
2018-01-01 to 2018-06-301,255,243USD181

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 2019-06-308,184,690USD
At 2018-12-317,675,186USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2019-06-306,802,115USD
At 2018-12-315,931,980USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2019-06-30784,292USD
At 2018-12-31721,361USD

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.

PeriodValueUnitDays
At 2019-06-302,569,445USD
At 2018-12-313,686,111USD

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 2019-06-303,313,330USD
At 2018-12-312,273,189USD

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 2019-06-304,760,203USD91
2019-01-01 to 2019-06-309,883,376USD181
2018-04-01 to 2018-06-304,311,339USD91
2018-01-01 to 2018-06-308,743,973USD181

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 2019-06-301,162,504USD
At 2018-12-311,003,623USD

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2019-04-01 to 2019-06-301,816,195USD91
2019-01-01 to 2019-06-303,885,235USD181
2018-04-01 to 2018-06-301,426,985USD91
2018-01-01 to 2018-06-303,124,648USD181

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 2019-06-3025,034,747shares
At 2018-12-3125,034,747shares

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2019-06-3017,329,987USD
At 2018-12-3116,630,297USD

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.

PeriodValueUnitDays
At 2019-06-309,157,073USD
At 2018-12-318,404,288USD

Other noncurrent assets

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

PeriodValueUnitDays
At 2019-06-3058,278USD
At 2018-12-3151,887USD

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.

PeriodValueUnitDays
At 2019-06-301,197,524USD
At 2018-12-31631,860USD

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
2019-04-01 to 2019-06-30425,410USD91
2019-01-01 to 2019-06-30824,849USD181
2018-04-01 to 2018-06-30330,016USD91
2018-01-01 to 2018-06-30654,377USD181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2019-04-01 to 2019-06-30930,410USD91
2019-01-01 to 2019-06-301,941,515USD181
2018-04-01 to 2018-06-30941,683USD91
2018-01-01 to 2018-06-301,877,710USD181

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-30505,000USD91
2019-01-01 to 2019-06-301,116,666USD181
2018-04-01 to 2018-06-30611,667USD91
2018-01-01 to 2018-06-301,223,334USD181

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.

PeriodValueUnitDays
2019-04-01 to 2019-06-30-180,663USD91
2019-01-01 to 2019-06-30-339,712USD181
2018-04-01 to 2018-06-30-174,624USD91
2018-01-01 to 2018-06-30-360,036USD181

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.

PeriodValueUnitDays
2019-01-01 to 2019-06-30466,976USD181
2018-01-01 to 2018-06-30340,891USD181

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 2019-06-301,040,141USD181
2018-01-01 to 2018-06-30541,556USD181

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 2019-06-30158,881USD181
2018-01-01 to 2018-06-30-211,368USD181

Inspect the source

Entity
Superior Drilling Products, Inc. / CIK 0001600422
Captured
SEC response SHA-256
40740cb405fbd8a15d25356e4682c1b49507354a15afb66344dc881f5c2db550

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.

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

with urlopen("https://canlicapital.com/company-data/0001600422.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"])))