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Webstar Technology Group, Inc.: 10-Q filed 2022-08-19

What Webstar Technology Group, Inc. reported in its quarterly report filed 2022-08-19 (fiscal Q2 2022): 27 published measures, 78 facts as tagged in accession 0001493152-22-023557.

This filing

Form
10-Q (quarterly report)
Filed
2022-08-19
Fiscal period
fiscal Q2 2022
Accession
0001493152-22-023557 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 Webstar Technology Group, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2022-06-3014,302USD
At 2021-12-319,660USD

Total liabilities

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

PeriodValueUnitDays
At 2022-06-303,210,964USD
At 2021-12-313,127,113USD

Stockholders equity

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

PeriodValueUnitDays
At 2022-06-30-3,196,662USD
At 2022-03-31-3,447,317USD
At 2021-12-31-3,117,453USD
At 2021-06-30-2,520,959USD
At 2021-03-31-2,204,716USD
At 2020-12-31-1,894,686USD

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.

PeriodValueUnitDays
At 2022-06-30594USD
At 2021-12-31439USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2022-04-01 to 2022-06-30-30,247,045USD91
2022-01-01 to 2022-06-30-30,576,909USD181
2022-01-01 to 2022-03-31-329,864USD90
2021-04-01 to 2021-06-30-316,243USD91
2021-01-01 to 2021-06-30-626,273USD181
2021-01-01 to 2021-03-31-310,030USD90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2022-01-01 to 2022-06-30-111,660USD181
2021-01-01 to 2021-06-30-69,893USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2022-01-01 to 2022-06-30111,815USD181
2021-01-01 to 2021-06-3068,642USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2022-06-30-41,778,985USD
At 2021-12-31-11,202,076USD

Basic weighted-average shares

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

PeriodValueUnitDays
2022-04-01 to 2022-06-30139,900,000shares91
2022-01-01 to 2022-06-30139,900,000shares181
2021-04-01 to 2021-06-30139,900,000shares91
2021-01-01 to 2021-06-30139,900,000shares181

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.

PeriodValueUnitDays
2022-04-01 to 2022-06-300USD/shares91
2022-01-01 to 2022-06-300USD/shares181
2021-04-01 to 2021-06-300USD/shares91
2021-01-01 to 2021-06-300USD/shares181

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.

PeriodValueUnitDays
2022-04-01 to 2022-06-300USD91
2022-01-01 to 2022-06-300USD181
2021-04-01 to 2021-06-300USD91
2021-01-01 to 2021-06-300USD181

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.

PeriodValueUnitDays
2022-04-01 to 2022-06-30-16,344,196USD91
2022-01-01 to 2022-06-30-16,674,060USD181
2021-04-01 to 2021-06-30-316,243USD91
2021-01-01 to 2021-06-30-626,273USD181

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.

PeriodValueUnitDays
At 2022-06-308,785USD
At 2021-12-312,602USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2022-06-302,108,389USD
At 2021-12-313,124,723USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2022-06-3037,963USD
At 2021-12-3143,169USD

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.

PeriodValueUnitDays
At 2022-06-302,400USD
At 2021-12-313,200USD

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.

PeriodValueUnitDays
2022-04-01 to 2022-06-3016,344,196USD91
2022-01-01 to 2022-06-3016,674,060USD181
2021-04-01 to 2021-06-30316,243USD91
2021-01-01 to 2021-06-30626,273USD181

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.

PeriodValueUnitDays
At 2022-06-30139,900,000shares
At 2021-12-31139,900,000shares
At 2021-06-30139,900,000shares

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.

PeriodValueUnitDays
At 2022-06-3038,568,333USD
At 2021-12-318,070,633USD

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.

PeriodValueUnitDays
At 2022-06-303,117USD
At 2021-12-313,858USD

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.

PeriodValueUnitDays
At 2022-06-303,174USD
At 2021-12-313,931USD

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.

PeriodValueUnitDays
2022-04-01 to 2022-06-30-30,247,045USD91
2022-01-01 to 2022-06-30-30,576,909USD181
2021-04-01 to 2021-06-30-316,243USD91
2021-01-01 to 2021-06-30-626,273USD181

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.

PeriodValueUnitDays
2022-04-01 to 2022-06-3017,328USD91
2022-01-01 to 2022-06-3055,611USD181
2021-04-01 to 2021-06-3030,651USD91
2021-01-01 to 2021-06-3049,100USD181

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.

PeriodValueUnitDays
2022-04-01 to 2022-06-30400USD91
2022-01-01 to 2022-06-30800USD181
2021-04-01 to 2021-06-30400USD91
2021-01-01 to 2021-06-30800USD181

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.

PeriodValueUnitDays
2022-04-01 to 2022-06-30-13,902,849USD91
2022-01-01 to 2022-06-30-13,902,849USD181

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.

PeriodValueUnitDays
2021-01-01 to 2021-06-30-1,349USD181

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.

PeriodValueUnitDays
2022-01-01 to 2022-06-30-5,206USD181
2021-01-01 to 2021-06-302,500USD181

Inspect the source

Entity
Webstar Technology Group, Inc. / CIK 0001645155
Captured
2026-09-21T17:21:43.757Z
SEC response SHA-256
4730841fe3fe6f63f4f43a9869cbde77fd5a9345ddb267c80559ef70bc87eca8

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.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001645155.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"])))