LOOP MEDIA, INC.: 10-K filed 2024-12-12

Name: LOOP MEDIA, INC.: 10-K filed 2024-12-12
Creator: LOOP MEDIA, INC.

What LOOP MEDIA, INC. reported in its annual report filed 2024-12-12 (fiscal FY 2024): 48 published measures, 94 facts as tagged in accession 0001493152-24-049828.

This filing

Form: 10-K (annual report)
Filed: 2024-12-12
Fiscal period: fiscal FY 2024
Accession: 0001493152-24-049828 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 LOOP MEDIA, 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 2024-09-30	7,511,437	USD
At 2023-09-30	16,881,645	USD

Total liabilities

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

Period	Value	Unit	Days
At 2024-09-30	25,295,600	USD
At 2023-09-30	21,697,978	USD

Stockholders equity

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

Period	Value	Unit
At 2024-09-30	-17,784,163	USD
At 2023-09-30	-4,816,333	USD
At 2022-09-30	5,654,092	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
2023-10-01 to 2024-09-30	-24,495,602	USD	366
2022-10-01 to 2023-09-30	-31,963,679	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
2023-10-01 to 2024-09-30	-7,337,757	USD	366
2022-10-01 to 2023-09-30	-14,595,226	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
2023-10-01 to 2024-09-30	196,976	USD	366
2022-10-01 to 2023-09-30	1,969,447	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
2023-10-01 to 2024-09-30	22,254,959	USD	366
2022-10-01 to 2023-09-30	31,642,293	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
2023-10-01 to 2024-09-30	5,290,695	USD	366
2022-10-01 to 2023-09-30	5,561,455	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
2023-10-01 to 2024-09-30	-196,976	USD	366
2022-10-01 to 2023-09-30	-1,969,447	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 2024-09-30	-152,781,145	USD
At 2023-09-30	-128,285,543	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
2023-10-01 to 2024-09-30	74,537,699	shares	366
2022-10-01 to 2023-09-30	57,502,870	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
2023-10-01 to 2024-09-30	74,537,699	shares	366
2022-10-01 to 2023-09-30	57,502,870	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
2023-10-01 to 2024-09-30	-0.33	USD/shares	366
2022-10-01 to 2023-09-30	-0.56	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
2023-10-01 to 2024-09-30	-0.33	USD/shares	366
2022-10-01 to 2023-09-30	-0.56	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
2023-10-01 to 2024-09-30	26,108	USD	366
2022-10-01 to 2023-09-30	18,512	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 2024-09-30	1,670,253	USD
At 2023-09-30	2,711,558	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
2023-10-01 to 2024-09-30	-20,768,681	USD	366
2022-10-01 to 2023-09-30	-28,785,612	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 2024-09-30	5,072,719	USD
At 2023-09-30	12,487,010	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 2024-09-30	23,009,049	USD
At 2023-09-30	19,054,762	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 2024-09-30	6,250,106	USD
At 2023-09-30	4,978,920	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 2024-09-30	3,162,573	USD
At 2023-09-30	6,211,815	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
2023-10-01 to 2024-09-30	26,749,678	USD	366
2022-10-01 to 2023-09-30	39,444,972	USD	365

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
2023-10-01 to 2024-09-30	5,980,997	USD	366
2022-10-01 to 2023-09-30	10,659,360	USD	365

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
2023-10-01 to 2024-09-30	16,273,962	USD	366
2022-10-01 to 2023-09-30	20,982,933	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
2023-10-01 to 2024-09-30	20,566,552	USD	366
2022-10-01 to 2023-09-30	29,427,139	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 2024-09-30	80,825,910	shares
At 2023-09-30	65,620,151	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 2024-09-30	824,658	USD
At 2023-09-30	3,068,696	USD
At 2022-09-30	14,071,914	USD

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 2024-09-30	134,988,900	USD
At 2023-09-30	123,462,648	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 2024-09-30	173,354	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 2024-09-30	173,354	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 2024-09-30	7,782,270	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 2024-09-30	3,106,682	USD
At 2023-09-30	4,193,204	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 2024-09-30	1,436,429	USD
At 2023-09-30	1,481,646	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 2024-09-30	365,444	USD
At 2023-09-30	477,889	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 2024-09-30	2,911,868	USD
At 2023-09-30	3,546,338	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 2024-09-30	692,476	USD
At 2023-09-30	987,605	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 2024-09-30	50,204	USD
At 2023-09-30	487,622	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
2023-10-01 to 2024-09-30	-24,469,494	USD	366
2022-10-01 to 2023-09-30	-31,945,167	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
2023-10-01 to 2024-09-30	1,302,092	USD	366
2022-10-01 to 2023-09-30	891,058	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
2023-10-01 to 2024-09-30	112,444	USD	366
2022-10-01 to 2023-09-30	112,444	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
2023-10-01 to 2024-09-30	3,041,715	USD	366
2022-10-01 to 2023-09-30	3,802,346	USD	365

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
2023-10-01 to 2024-09-30	228	USD	366
2022-10-01 to 2023-09-30	-3,128	USD	365

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
2023-10-01 to 2024-09-30	-3,700,813	USD	366
2022-10-01 to 2023-09-30	-3,159,555	USD	365

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

Period	Value	Unit	Days
2023-10-01 to 2024-09-30	26,108	USD	366
2022-10-01 to 2023-09-30	18,512	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
2023-10-01 to 2024-09-30	893,509	USD	366
2022-10-01 to 2023-09-30	1,536,370	USD	365

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2022-10-01 to 2023-09-30	8,724,855	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
2023-10-01 to 2024-09-30	-2,340,252	USD	366
2022-10-01 to 2023-09-30	-5,748,526	USD	365

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
2023-10-01 to 2024-09-30	-6,458	USD	366
2022-10-01 to 2023-09-30	-3,593	USD	365

Inspect the source

Entity: LOOP MEDIA, INC. / CIK 0001643988
Captured: 2026-09-21T17:23:07.806Z
SEC response SHA-256: 30d1d11922975c8ef6e46d28109048b369b496f285699988e2ad45242cd498cf

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.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001643988.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"])))