INNERSCOPE HEARING TECHNOLOGIES, INC.: 10-Q filed 2018-08-22
What INNERSCOPE HEARING TECHNOLOGIES, INC. reported in its quarterly report filed 2018-08-22 (fiscal Q2 2018): 30 published measures, 73 facts as tagged in accession 0001554795-18-000263.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2018-08-22
- Fiscal period
- fiscal Q2 2018
- Accession
- 0001554795-18-000263 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 INNERSCOPE HEARING TECHNOLOGIES, 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 2018-06-30 | 1,488,858 | USD | |
| At 2017-12-31 | 1,508,221 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2018-06-30 | 4,319,693 | USD | |
| At 2017-12-31 | 2,982,844 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2018-06-30 | -2,830,834 | USD | |
| At 2017-12-31 | -1,474,623 | 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 2018-06-30 | 46,753 | USD | |
| At 2017-12-31 | 84,720 | USD | |
| At 2017-06-30 | 66,382 | USD | |
| At 2016-12-31 | 493,514 | 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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | -1,853,025 | USD | 91 |
| 2018-01-01 to 2018-06-30 | -2,550,969 | USD | 181 |
| 2017-04-01 to 2017-06-30 | -907,142 | USD | 91 |
| 2017-01-01 to 2017-06-30 | -910,233 | USD | 181 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | -572,621 | USD | 181 |
| 2017-01-01 to 2017-06-30 | -209,374 | USD | 181 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 50,014 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 105,991 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 141,150 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 285,610 | USD | 181 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | 100,000 | USD | 181 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | 534,654 | USD | 181 |
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 |
|---|---|---|---|
| 2017-01-01 to 2017-06-30 | -217,758 | USD | 181 |
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 2018-06-30 | -4,337,982 | USD | |
| At 2017-12-31 | -1,787,012 | USD |
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 2018-06-30 | 1,141 | USD | |
| At 2017-12-31 | 1,583 | 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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | -1,154,832 | USD | 91 |
| 2018-01-01 to 2018-06-30 | -1,567,949 | USD | 181 |
| 2017-04-01 to 2017-06-30 | -393,673 | USD | 91 |
| 2017-01-01 to 2017-06-30 | -556,508 | USD | 181 |
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 2018-06-30 | 259,074 | USD | |
| At 2017-12-31 | 278,735 | 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 2018-06-30 | 3,346,441 | USD | |
| At 2017-12-31 | 1,988,081 | 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 2018-06-30 | 3,000 | USD | |
| At 2017-12-31 | 3,000 | 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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 1,173,044 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 1,603,274 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 399,896 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 691,799 | USD | 181 |
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 2018-06-30 | 24,610 | USD | |
| At 2017-12-31 | 5,959 | 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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 18,212 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 35,325 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 6,223 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 135,291 | USD | 181 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | 31,802 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 70,666 | USD | 181 |
| 2017-04-01 to 2017-06-30 | 134,927 | USD | 91 |
| 2017-01-01 to 2017-06-30 | 150,319 | USD | 181 |
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 2018-06-30 | 48,956,945 | shares | |
| At 2017-12-31 | 61,539,334 | 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 2018-06-30 | 1,501,129 | USD | |
| At 2017-12-31 | 331,227 | 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 2018-06-30 | 2,651 | USD | |
| At 2017-12-31 | 2,651 | 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 2018-06-30 | 1,510 | USD | |
| At 2017-12-31 | 1,068 | 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 2018-06-30 | 82,990 | USD | |
| At 2017-12-31 | 101,110 | USD |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | 442 | USD | 181 |
| 2017-01-01 to 2017-06-30 | 442 | USD | 181 |
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 |
|---|---|---|---|
| 2018-04-01 to 2018-06-30 | -698,193 | USD | 91 |
| 2018-01-01 to 2018-06-30 | -983,020 | USD | 181 |
| 2017-04-01 to 2017-06-30 | -513,469 | USD | 91 |
| 2017-01-01 to 2017-06-30 | -353,725 | USD | 181 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | 16,284 | USD | 181 |
| 2017-01-01 to 2017-06-30 | 1,638 | USD | 181 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | -2,699 | USD | 181 |
| 2017-01-01 to 2017-06-30 | -70,810 | USD | 181 |
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 |
|---|---|---|---|
| 2018-01-01 to 2018-06-30 | -18,651 | USD | 181 |
| 2017-01-01 to 2017-06-30 | -4,410 | USD | 181 |
Inspect the source
- Entity
- INNERSCOPE HEARING TECHNOLOGIES, INC. / CIK 0001609139
- Captured
- SEC response SHA-256
dbcc2e57fb92bdf8971bdfda396daf507c91a5584471eb444c914125d0e6e081
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/0001609139.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"])))