CIRCLE8 GROUP INC.: 10-K filed 2025-03-28

Name: CIRCLE8 GROUP INC.: 10-K filed 2025-03-28
Creator: CIRCLE8 GROUP INC.

What CIRCLE8 GROUP INC. reported in its annual report filed 2025-03-28 (fiscal FY 2024): 49 published measures, 99 facts as tagged in accession 0001605888-25-000006.

This filing

Form: 10-K (annual report)
Filed: 2025-03-28
Fiscal period: fiscal FY 2024
Accession: 0001605888-25-000006 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 CIRCLE8 GROUP 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 2024-12-31	122,751,676	USD
At 2023-12-31	126,666,609	USD

Total liabilities

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

Period	Value	Unit	Days
At 2024-12-31	134,768,332	USD
At 2023-12-31	166,020,662	USD

Stockholders equity

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

Period	Value	Unit
At 2024-12-31	-12,016,656	USD
At 2023-12-31	-39,354,053	USD
At 2022-12-31	-27,302,497	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 2024-12-31	678,676	USD
At 2023-12-31	1,352,927	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
2024-01-01 to 2024-12-31	-135,479,890	USD	366
2023-01-01 to 2023-12-31	-15,252,020	USD	365

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
2024-01-01 to 2024-12-31	-5,985,036	USD	366
2023-01-01 to 2023-12-31	-9,082,597	USD	365

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
2024-01-01 to 2024-12-31	73,456	USD	366
2023-01-01 to 2023-12-31	73,711	USD	365

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.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	442,609,814	USD	366
2023-01-01 to 2023-12-31	401,374,701	USD	365

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
2024-01-01 to 2024-12-31	5,384,241	USD	366
2023-01-01 to 2023-12-31	8,793,074	USD	365

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
2024-01-01 to 2024-12-31	-73,456	USD	366
2023-01-01 to 2023-12-31	-73,711	USD	365

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 2024-12-31	-135,479,890	USD
At 2023-12-31	-61,804,116	USD

Basic weighted-average shares

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

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	36,783,626	shares	366
2023-01-01 to 2023-12-31	25,423,729	shares	365

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.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	36,783,626	shares	366
2023-01-01 to 2023-12-31	25,423,729	shares	365

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
2024-01-01 to 2024-12-31	-3.68	USD/shares	366
2023-01-01 to 2023-12-31	-0.6	USD/shares	365

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.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	-3.68	USD/shares	366
2023-01-01 to 2023-12-31	-0.6	USD/shares	365

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	5,379,102	USD	366
2023-01-01 to 2023-12-31	-5,928,271	USD	365

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 2024-12-31	307,620	USD
At 2023-12-31	432,695	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
2024-01-01 to 2024-12-31	45,202,329	USD	366
2023-01-01 to 2023-12-31	0	USD	365

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
2024-01-01 to 2024-12-31	-21,834,592	USD	366
2023-01-01 to 2023-12-31	-3,451,524	USD	365

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 2024-12-31	88,019,993	USD
At 2023-12-31	78,798,448	USD

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 2024-12-31	97,249,157	USD
At 2023-12-31	161,564,857	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 2024-12-31	2,028,100	USD
At 2023-12-31	799,568	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 2024-12-31	31,395,556	USD
At 2023-12-31	36,188,889	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 2024-12-31	64,074,337	USD
At 2023-12-31	58,818,832	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
2024-01-01 to 2024-12-31	47,178,323	USD	366
2023-01-01 to 2023-12-31	46,878,260	USD	365

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.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	64,021,052	USD	366
2023-01-01 to 2023-12-31	45,441,659	USD	365

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 2024-12-31	53,130,946	shares
At 2023-12-31	25,423,729	shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2024-12-31	678,676	USD
At 2023-12-31	1,352,927	USD
At 2022-12-31	1,716,161	USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

Period	Value	Unit	Days
At 2024-12-31	2,067,906	USD
At 2023-12-31	2,368,677	USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

Period	Value	Unit	Days
At 2024-12-31	2,126,868	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2024-12-31	80,588,814	USD
At 2023-12-31	138,900,203	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 2024-12-31	1,086,471	USD
At 2023-12-31	1,013,015	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 2024-12-31	778,851	USD
At 2023-12-31	580,320	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 2024-12-31	31,395,556	USD
At 2023-12-31	36,188,889	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 2024-12-31	689,283	USD
At 2023-12-31	2,208,923	USD

Other noncurrent liabilities

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

Period	Value	Unit	Days
At 2024-12-31	0	USD
At 2023-12-31	3,474,954	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2024-12-31	4,696,010	USD
At 2023-12-31	3,684,011	USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

Period	Value	Unit	Days
At 2024-12-31	1,969,537	USD
At 2023-12-31	6,950,256	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
2024-01-01 to 2024-12-31	-130,100,788	USD	366
2023-01-01 to 2023-12-31	-21,180,291	USD	365

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
2024-01-01 to 2024-12-31	198,531	USD	366
2023-01-01 to 2023-12-31	244,885	USD	365

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
2024-01-01 to 2024-12-31	4,991,864	USD	366
2023-01-01 to 2023-12-31	5,038,218	USD	365

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
2024-01-01 to 2024-12-31	4,793,333	USD	366
2023-01-01 to 2023-12-31	4,793,333	USD	365

Nonoperating interest expense

Interest expense presented outside operating results. It differs from total interest expense when some borrowing cost is classified as operating or capitalized.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	12,004,860	USD	366
2023-01-01 to 2023-12-31	17,538,816	USD	365

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	5,242,610	USD	366
2023-01-01 to 2023-12-31	-5,144,846	USD	365

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
2024-01-01 to 2024-12-31	6,926,853	USD	366
2023-01-01 to 2023-12-31	9,150,636	USD	365

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	17,100	USD	366
2023-01-01 to 2023-12-31	73,541	USD	365

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

Period	Value	Unit	Days
2024-01-01 to 2024-12-31	1,703,706	USD	366
2023-01-01 to 2023-12-31	1,409,154	USD	365

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
2024-01-01 to 2024-12-31	6,212,536	USD	366
2023-01-01 to 2023-12-31	-659,233	USD	365

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
2024-01-01 to 2024-12-31	1,228,532	USD	366
2023-01-01 to 2023-12-31	631,857	USD	365

Inspect the source

Entity: CIRCLE8 GROUP INC. / CIK 0001605888
Captured: 2026-09-20T09:26:09.504Z
SEC response SHA-256: c9417ec1c4d069bcfb369bfbf97233e136dada5507d009fe5a0f9a683fe6aee8

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001605888.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"])))