INNOVATION1 BIOTECH INC.: 10-Q filed 2020-07-20
What INNOVATION1 BIOTECH INC. reported in its quarterly report filed 2020-07-20 (fiscal Q3 2020): 28 published measures, 79 facts as tagged in accession 0001477932-20-004090.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2020-07-20
- Fiscal period
- fiscal Q3 2020
- Accession
- 0001477932-20-004090 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 INNOVATION1 BIOTECH 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 2020-05-31 | 650,724 | USD | |
| At 2019-08-31 | 256,414 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-05-31 | -1,930,637 | USD | |
| At 2020-02-29 | -1,972,273 | USD | |
| At 2019-08-31 | 32,361 | USD | |
| At 2019-05-31 | 79,372 | USD | |
| At 2019-02-28 | 87,840 | USD | |
| At 2018-08-31 | 175,875 | 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 2020-05-31 | 33,739 | USD | |
| At 2019-08-31 | 18,975 | USD | |
| At 2019-05-31 | 13,935 | USD | |
| At 2018-08-31 | 774,468 | 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 |
|---|---|---|---|
| 2020-03-01 to 2020-05-31 | 54,211 | USD | 92 |
| 2019-09-01 to 2020-05-31 | -1,845,273 | USD | 274 |
| 2019-03-01 to 2019-05-31 | -22,457 | USD | 92 |
| 2018-09-01 to 2019-05-31 | -100,712 | USD | 273 |
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 |
|---|---|---|---|
| 2019-09-01 to 2020-05-31 | -433,236 | USD | 274 |
| 2018-09-01 to 2019-05-31 | -757,555 | USD | 273 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2020-03-01 to 2020-05-31 | 548 | USD | 92 |
| 2019-09-01 to 2020-05-31 | 1,181 | USD | 274 |
| 2019-03-01 to 2019-05-31 | 17,846 | USD | 92 |
| 2018-09-01 to 2019-05-31 | 81,233 | USD | 273 |
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 |
|---|---|---|---|
| 2019-09-01 to 2020-05-31 | 828,000 | USD | 274 |
| 2018-09-01 to 2019-05-31 | 0 | USD | 273 |
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 |
|---|---|---|---|
| 2019-09-01 to 2020-05-31 | -380,000 | USD | 274 |
| 2018-09-01 to 2019-05-31 | -2,978 | USD | 273 |
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 2020-05-31 | -3,096,557 | USD | |
| At 2019-08-31 | -1,213,559 | 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 2020-05-31 | 4,625 | USD | |
| At 2019-08-31 | 6,585 | 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 |
|---|---|---|---|
| 2020-03-01 to 2020-05-31 | 0 | USD | 92 |
| 2019-09-01 to 2020-05-31 | 0 | USD | 274 |
| 2019-03-01 to 2019-05-31 | 3,210 | USD | 92 |
| 2018-09-01 to 2019-05-31 | 3,210 | USD | 273 |
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 |
|---|---|---|---|
| 2020-03-01 to 2020-05-31 | -199,572 | USD | 92 |
| 2019-09-01 to 2020-05-31 | -364,844 | USD | 274 |
| 2019-03-01 to 2019-05-31 | -143,258 | USD | 92 |
| 2018-09-01 to 2019-05-31 | -489,141 | USD | 273 |
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 2020-05-31 | 641,195 | USD | |
| At 2019-08-31 | 248,149 | 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 2020-05-31 | 2,581,361 | USD | |
| At 2019-08-31 | 224,053 | 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 2020-05-31 | 0 | USD | |
| At 2019-08-31 | 0 | 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 |
|---|---|---|---|
| 2019-09-01 to 2020-05-31 | -80,000 | 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 |
|---|---|---|---|
| 2020-03-01 to 2020-05-31 | 49,328 | USD | 92 |
| 2019-09-01 to 2020-05-31 | 151,682 | USD | 274 |
| 2019-03-01 to 2019-05-31 | 154,590 | USD | 92 |
| 2018-09-01 to 2019-05-31 | 505,930 | USD | 273 |
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 2020-05-31 | 310,891 | USD | |
| At 2019-08-31 | 203,563 | 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 |
|---|---|---|---|
| 2020-03-01 to 2020-05-31 | -150,244 | USD | 92 |
| 2019-09-01 to 2020-05-31 | -213,162 | USD | 274 |
| 2019-03-01 to 2019-05-31 | 11,332 | USD | 92 |
| 2018-09-01 to 2019-05-31 | 16,789 | USD | 273 |
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 |
|---|---|---|---|
| 2020-03-01 to 2020-05-31 | 150,792 | USD | 92 |
| 2019-09-01 to 2020-05-31 | 214,343 | USD | 274 |
| 2019-03-01 to 2019-05-31 | 6,514 | USD | 92 |
| 2018-09-01 to 2019-05-31 | 64,444 | USD | 273 |
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 2020-05-31 | 57,636,720 | shares | |
| At 2019-08-31 | 135,280,651 | 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 2020-05-31 | 1,099,803 | USD | |
| At 2019-08-31 | 942,159 | 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 2020-05-31 | 4,406 | USD | |
| At 2019-08-31 | 2,446 | USD |
General and administrative expense
General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2020-03-01 to 2020-05-31 | 19,592 | USD | 92 |
| 2019-09-01 to 2020-05-31 | 64,682 | USD | 274 |
| 2019-03-01 to 2019-05-31 | 39,838 | USD | 92 |
| 2018-09-01 to 2019-05-31 | 149,085 | USD | 273 |
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 |
|---|---|---|---|
| 2019-09-01 to 2020-05-31 | 1,960 | USD | 274 |
| 2018-09-01 to 2019-05-31 | 964 | USD | 273 |
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 |
|---|---|---|---|
| 2020-03-01 to 2020-05-31 | -253,783 | USD | 92 |
| 2019-09-01 to 2020-05-31 | 1,480,429 | USD | 274 |
| 2019-03-01 to 2019-05-31 | -120,801 | USD | 92 |
| 2018-09-01 to 2019-05-31 | -388,429 | USD | 273 |
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 |
|---|---|---|---|
| 2019-09-01 to 2020-05-31 | 0 | USD | 274 |
| 2018-09-01 to 2019-05-31 | -3,294 | USD | 273 |
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 |
|---|---|---|---|
| 2019-09-01 to 2020-05-31 | -107,328 | USD | 274 |
| 2018-09-01 to 2019-05-31 | -223,957 | USD | 273 |
Inspect the source
- Entity
- INNOVATION1 BIOTECH INC. / CIK 0001629205
- Captured
- 2026-09-21T17:21:04.610Z
- SEC response SHA-256
c5f3acfa863971b33b185130c620366a2f45cfd805cf4850d8be9be21b48d8fb
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/0001629205.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"])))