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Laird Superfood, Inc.: 10-Q filed 2024-08-07

What Laird Superfood, Inc. reported in its quarterly report filed 2024-08-07 (fiscal Q2 2024): 41 published measures, 114 facts as tagged in accession 0001437749-24-025205.

This filing

Form
10-Q (quarterly report)
Filed
2024-08-07
Fiscal period
fiscal Q2 2024
Accession
0001437749-24-025205 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 Laird Superfood, Inc. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2024-06-3018,036,945USD
At 2023-12-3118,031,959USD

Total liabilities

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

PeriodValueUnitDays
At 2024-06-305,432,717USD
At 2023-12-314,619,340USD

Stockholders equity

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

PeriodValueUnitDays
At 2024-06-3012,604,228USD
At 2024-03-3112,680,453USD
At 2023-12-3113,412,619USD
At 2023-06-3015,294,430USD
At 2023-03-3118,510,327USD
At 2022-12-3122,511,012USD

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 2024-06-307,648,958USD
At 2023-12-317,566,299USD

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
2024-04-01 to 2024-06-30-239,076USD91
2024-01-01 to 2024-06-30-1,255,598USD182
2024-01-01 to 2024-03-31-1,016,522USD91
2023-04-01 to 2023-06-30-3,507,246USD91
2023-01-01 to 2023-06-30-7,651,156USD181
2023-01-01 to 2023-03-31-4,143,910USD90

Operating cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-30220,414USD182
2023-01-01 to 2023-06-30-7,460,076USD181

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.

PeriodValueUnitDays
2024-04-01 to 2024-06-3010,003,654USD91
2024-01-01 to 2024-06-3019,912,592USD182
2023-04-01 to 2023-06-307,724,091USD91
2023-01-01 to 2023-06-3015,837,029USD181

Financing cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-30-86,066USD182
2023-01-01 to 2023-06-30-19,137USD181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2024-01-01 to 2024-06-30-13,462USD182
2023-01-01 to 2023-06-30245,706USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2024-06-30-107,553,747USD
At 2023-12-31-106,298,149USD

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
2024-04-01 to 2024-06-309,833,001shares91
2024-01-01 to 2024-06-309,617,800shares182
2023-04-01 to 2023-06-309,284,585shares91
2023-01-01 to 2023-06-309,249,738shares181

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
2024-04-01 to 2024-06-30-0.02USD/shares91
2024-01-01 to 2024-06-30-0.13USD/shares182
2023-04-01 to 2023-06-30-0.38USD/shares91
2023-01-01 to 2023-06-30-0.83USD/shares181

Income tax expense or benefit

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

PeriodValueUnitDays
2024-04-01 to 2024-06-303,524USD91
2024-01-01 to 2024-06-3042,481USD182
2023-04-01 to 2023-06-30750USD91
2023-01-01 to 2023-06-3013,172USD181

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.

PeriodValueUnitDays
At 2024-06-3096,477USD
At 2023-12-31122,595USD

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
2024-01-01 to 2024-06-30533,273USD182
2023-01-01 to 2023-06-30453,711USD181

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
2024-04-01 to 2024-06-30-338,621USD91
2024-01-01 to 2024-06-30-1,427,183USD182
2023-04-01 to 2023-06-30-3,655,605USD91
2023-01-01 to 2023-06-30-7,958,087USD181

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 2024-06-3016,531,207USD
At 2023-12-3116,337,301USD

Current liabilities

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

PeriodValueUnitDays
At 2024-06-305,250,247USD
At 2023-12-314,375,504USD

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 2024-06-301,942,263USD
At 2023-12-311,647,673USD

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 2024-06-30986,232USD
At 2023-12-311,085,231USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2024-06-301,168,726USD
At 2023-12-311,022,372USD
At 2023-01-011,494,469USD

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
2024-04-01 to 2024-06-304,515,902USD91
2024-01-01 to 2024-06-309,568,565USD182
2023-04-01 to 2023-06-305,531,673USD91
2023-01-01 to 2023-06-3011,708,031USD181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2024-06-306,398,377USD
At 2023-12-316,322,559USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2024-04-01 to 2024-06-304,177,281USD91
2024-01-01 to 2024-06-308,141,382USD182
2023-04-01 to 2023-06-301,876,068USD91
2023-01-01 to 2023-06-303,749,944USD181

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 2024-06-3010,108,929shares
At 2023-12-319,383,622shares

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.

PeriodValueUnitDays
At 2024-06-307,827,692USD
At 2023-12-317,706,806USD

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 2024-06-30290,929USD
At 2023-12-31354,732USD

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 2024-06-30330,190USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2024-06-30243,979USD
At 2023-12-31230,517USD

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.

PeriodValueUnitDays
At 2024-06-30147,502USD
At 2023-12-31107,922USD

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.

PeriodValueUnitDays
At 2024-06-301,118,332USD
At 2023-12-311,217,331USD

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.

PeriodValueUnitDays
At 2024-06-303,131,097USD
At 2023-12-312,586,343USD

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.

PeriodValueUnitDays
At 2024-06-301,136,412USD
At 2023-12-311,285,564USD

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.

PeriodValueUnitDays
At 2024-06-300USD
At 2023-12-310USD

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
2024-04-01 to 2024-06-30-235,552USD91
2024-01-01 to 2024-06-30-1,213,117USD182
2023-04-01 to 2023-06-30-3,506,496USD91
2023-01-01 to 2023-06-30-7,637,984USD181

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
2024-04-01 to 2024-06-302,148,172USD91
2024-01-01 to 2024-06-304,305,920USD182
2023-04-01 to 2023-06-302,698,501USD91
2023-01-01 to 2023-06-305,780,811USD181

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.

PeriodValueUnitDays
2024-04-01 to 2024-06-3019,866USD91
2024-01-01 to 2024-06-3039,580USD182
2023-04-01 to 2023-06-3023,857USD91
2023-01-01 to 2023-06-3060,088USD181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2024-01-01 to 2024-06-30138,579USD182
2023-01-01 to 2023-06-30163,532USD181

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
2024-04-01 to 2024-06-3047,278USD91
2024-01-01 to 2024-06-3098,999USD182
2023-04-01 to 2023-06-3051,722USD91
2023-01-01 to 2023-06-30103,444USD181

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.

PeriodValueUnitDays
2024-04-01 to 2024-06-30103,069USD91
2024-01-01 to 2024-06-30214,066USD182
2023-04-01 to 2023-06-30149,109USD91
2023-01-01 to 2023-06-30320,103USD181

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.

PeriodValueUnitDays
2024-01-01 to 2024-06-30263,719USD182
2023-01-01 to 2023-06-30539,579USD181

Inspect the source

Entity
Laird Superfood, Inc. / CIK 0001650696
Captured
2026-09-21T17:23:31.954Z
SEC response SHA-256
7645afa3eef506dc1453b95bc2943a0d7f4cc7f00f21644a7292bade00cefc52

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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with urlopen("https://canlicapital.com/company-data/0001650696.json") as response:
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print(record["policy"])
for concept in record["concepts"]:
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