Life Clips, Inc.: 10-Q filed 2016-05-16
What Life Clips, Inc. reported in its quarterly report filed 2016-05-16 (fiscal Q3 2016): 28 published measures, 70 facts as tagged in accession 0001493152-16-009928.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2016-05-16
- Fiscal period
- fiscal Q3 2016
- Accession
- 0001493152-16-009928 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 Life Clips, 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 2016-03-31 | 158,762 | USD | |
| At 2015-06-30 | 45,957 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-03-31 | 5,740,289 | USD | |
| At 2015-06-30 | 42,937 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-03-31 | -5,581,527 | USD | |
| At 2015-06-30 | 3,020 | 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 2016-03-31 | 17,867 | USD | |
| At 2015-06-30 | 2,644 | USD | |
| At 2015-03-31 | 10,019 | USD | |
| At 2014-06-30 | 5 | 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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | -194,215 | USD | 91 |
| 2015-07-01 to 2016-03-31 | -5,239,226 | USD | 275 |
| 2015-01-01 to 2015-03-31 | -625,889 | USD | 90 |
| 2014-07-01 to 2015-03-31 | -635,439 | USD | 274 |
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 |
|---|---|---|---|
| 2015-07-01 to 2016-03-31 | -420,462 | USD | 275 |
| 2014-07-01 to 2015-03-31 | -632,331 | 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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 534 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 534 | USD | 275 |
| 2015-01-01 to 2015-03-31 | 1,930 | USD | 90 |
| 2014-07-01 to 2015-03-31 | 1,952 | 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 |
|---|---|---|---|
| 2015-07-01 to 2016-03-31 | 487,577 | USD | 275 |
| 2014-07-01 to 2015-03-31 | 651,945 | 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 |
|---|---|---|---|
| 2015-07-01 to 2016-03-31 | -51,892 | USD | 275 |
| 2014-07-01 to 2015-03-31 | -9,600 | 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 2016-03-31 | -5,939,526 | USD | |
| At 2015-06-30 | -700,300 | 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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 0.01 | USD/shares | 91 |
| 2015-07-01 to 2016-03-31 | -0.07 | USD/shares | 275 |
| 2015-01-01 to 2015-03-31 | -0.02 | USD/shares | 90 |
| 2014-07-01 to 2015-03-31 | -0.02 | USD/shares | 274 |
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 2016-03-31 | 92,493 | USD | |
| At 2015-06-30 | 40,600 | USD |
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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | -163,093 | USD | 91 |
| 2015-07-01 to 2016-03-31 | -365,515 | USD | 275 |
| 2015-01-01 to 2015-03-31 | -625,889 | USD | 90 |
| 2014-07-01 to 2015-03-31 | -635,439 | 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 2016-03-31 | 66,269 | USD | |
| At 2015-06-30 | 0 | 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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 12,175 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 20,824 | USD | 275 |
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 2016-03-31 | 65,954 | USD | |
| At 2015-06-30 | 42,937 | USD |
Common-stock repurchase payments
Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2015-07-01 to 2016-03-31 | 345,000 | USD | 275 |
| 2014-07-01 to 2015-03-31 | -95 | USD | 274 |
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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 163,627 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 366,049 | USD | 275 |
| 2015-01-01 to 2015-03-31 | 626,738 | USD | 90 |
| 2014-07-01 to 2015-03-31 | 636,310 | 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 2016-03-31 | 48,402 | 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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 534 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 534 | USD | 275 |
| 2015-01-01 to 2015-03-31 | 849 | USD | 90 |
| 2014-07-01 to 2015-03-31 | 871 | 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 |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | 22,464 | USD | 91 |
| 2015-07-01 to 2016-03-31 | 45,824 | USD | 275 |
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 2016-03-31 | 53,332,576 | shares | |
| At 2015-06-30 | 38,037,120 | 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 2016-03-31 | 304,666 | USD | |
| At 2015-06-30 | 665,283 | 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 2016-03-31 | 92,493 | USD | |
| At 2015-06-30 | 40,600 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2016-03-31 | 9,961 | USD | |
| At 2015-06-30 | 4,066 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | -194,215 | USD | 91 |
| 2015-07-01 to 2016-03-31 | -5,239,226 | USD | 275 |
| 2015-01-01 to 2015-03-31 | -625,889 | USD | 90 |
| 2014-07-01 to 2015-03-31 | -635,439 | USD | 274 |
Other nonoperating income or expense
Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2016-01-01 to 2016-03-31 | -31,122 | USD | 91 |
| 2015-07-01 to 2016-03-31 | -4,873,711 | USD | 275 |
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 |
|---|---|---|---|
| 2015-07-01 to 2016-03-31 | 48,411 | USD | 275 |
Inspect the source
- Entity
- Life Clips, Inc. / CIK 0001604930
- Captured
- SEC response SHA-256
2e20ffd3b7adfc919627d381aa204d97354479a08289cabde139a2adaccf2118
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/0001604930.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"])))