Life Clips, Inc.: 10-Q filed 2021-05-17

Name: Life Clips, Inc.: 10-Q filed 2021-05-17
Creator: Life Clips, Inc.

What Life Clips, Inc. reported in its quarterly report filed 2021-05-17 (fiscal Q3 2021): 18 published measures, 51 facts as tagged in accession 0001493152-21-011655.

This filing

Form: 10-Q (quarterly report)
Filed: 2021-05-17
Fiscal period: fiscal Q3 2021
Accession: 0001493152-21-011655 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 2021-03-31	39,303	USD
At 2020-06-30	12,160	USD

Stockholders equity

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

Period	Value	Unit
At 2021-03-31	-10,153,275	USD
At 2020-12-31	-14,960,387	USD
At 2020-06-30	-18,696,400	USD
At 2020-03-31	-15,904,468	USD
At 2019-12-31	-22,258,594	USD
At 2019-06-30	-7,956,073	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 2021-03-31	39,303	USD
At 2020-06-30	12,160	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
2021-01-01 to 2021-03-31	4,807,112	USD	90
2020-07-01 to 2021-03-31	8,543,125	USD	274
2020-01-01 to 2020-03-31	6,354,126	USD	91
2019-07-01 to 2020-03-31	-7,948,395	USD	275

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
2020-07-01 to 2021-03-31	-57,857	USD	274
2019-07-01 to 2020-03-31	-17,674	USD	275

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
2020-07-01 to 2021-03-31	85,000	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 2021-03-31	-20,758,073	USD
At 2020-06-30	-29,301,198	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
2021-01-01 to 2021-03-31	-91,239	USD	90
2020-07-01 to 2021-03-31	-286,629	USD	274
2020-01-01 to 2020-03-31	-88,908	USD	91
2019-07-01 to 2020-03-31	-248,974	USD	275

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
2021-01-01 to 2021-03-31	105,418	USD	90
2020-07-01 to 2021-03-31	297,402	USD	274
2020-01-01 to 2020-03-31	92,364	USD	91
2019-07-01 to 2020-03-31	302,362	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 2021-03-31	10,192,578	USD
At 2020-06-30	18,708,560	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 2021-03-31	361,159	USD
At 2020-06-30	357,388	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
2021-01-01 to 2021-03-31	91,239	USD	90
2020-07-01 to 2021-03-31	286,629	USD	274
2020-01-01 to 2020-03-31	88,908	USD	91
2019-07-01 to 2020-03-31	248,974	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 2021-03-31	1,259,831,337	shares
At 2020-06-30	1,259,831,337	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 2021-03-31	9,218,935	USD
At 2020-06-30	9,218,935	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 2021-03-31	1,661,180	USD
At 2020-06-30	1,379,655	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
2021-01-01 to 2021-03-31	4,807,112	USD	90
2020-07-01 to 2021-03-31	8,543,125	USD	274
2020-01-01 to 2020-03-31	6,354,126	USD	91
2019-07-01 to 2020-03-31	-7,948,395	USD	275

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
2021-01-01 to 2021-03-31	4,898,351	USD	90
2020-07-01 to 2021-03-31	8,829,754	USD	274
2020-01-01 to 2020-03-31	6,443,034	USD	91
2019-07-01 to 2020-03-31	-7,699,421	USD	275

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2020-07-01 to 2021-03-31	3,771	USD	274
2019-07-01 to 2020-03-31	6,300	USD	275

Inspect the source

Entity: Life Clips, Inc. / CIK 0001604930
Captured: 2026-09-22 19:53 UTC
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"])))