MEDALIST DIVERSIFIED, INC.: 10-Q filed 2022-11-09

Name: MEDALIST DIVERSIFIED, INC.: 10-Q filed 2022-11-09
Creator: MEDALIST DIVERSIFIED, INC.

What MEDALIST DIVERSIFIED, INC. reported in its quarterly report filed 2022-11-09 (fiscal Q3 2022): 30 published measures, 91 facts as tagged in accession 0001558370-22-017165.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-11-09
Fiscal period: fiscal Q3 2022
Accession: 0001558370-22-017165 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 MEDALIST DIVERSIFIED, 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 2022-09-30	90,109,681	USD
At 2021-12-31	92,547,088	USD

Total liabilities

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

Period	Value	Unit	Days
At 2022-09-30	70,474,964	USD
At 2021-12-31	69,548,699	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2022-09-30	18,186,427	USD
At 2021-12-31	21,473,660	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
At 2022-09-30	4,863,963	USD
At 2021-12-31	4,370,405	USD
At 2021-09-30	8,526,063	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
2022-07-01 to 2022-09-30	-1,754,458	USD	92
2022-01-01 to 2022-09-30	-3,758,629	USD	273
2021-07-01 to 2021-09-30	-872,015	USD	92
2021-01-01 to 2021-09-30	-3,832,502	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
2022-01-01 to 2022-09-30	1,673,481	USD	273
2021-01-01 to 2021-09-30	642,501	USD	273

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
2022-07-01 to 2022-09-30	2,841,073	USD	92
2022-01-01 to 2022-09-30	8,340,938	USD	273
2021-07-01 to 2021-09-30	3,038,143	USD	92
2021-01-01 to 2021-09-30	8,688,257	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
2022-01-01 to 2022-09-30	6,835,531	USD	273
2021-01-01 to 2021-09-30	17,079,229	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
2022-01-01 to 2022-09-30	-8,919,905	USD	273
2021-01-01 to 2021-09-30	-11,291,036	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 2022-09-30	-29,754,023	USD
At 2021-12-31	-24,981,346	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
2022-07-01 to 2022-09-30	17,439,947	shares	92
2022-01-01 to 2022-09-30	16,972,322	shares	273
2021-07-01 to 2021-09-30	16,052,617	shares	92
2021-01-01 to 2021-09-30	12,106,377	shares	273

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
2022-07-01 to 2022-09-30	17,439,947	shares	92
2022-01-01 to 2022-09-30	16,972,322	shares	273
2021-07-01 to 2021-09-30	16,052,617	shares	92
2021-01-01 to 2021-09-30	12,106,377	shares	273

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
2022-07-01 to 2022-09-30	-0.1	USD/shares	92
2022-01-01 to 2022-09-30	-0.22	USD/shares	273
2021-07-01 to 2021-09-30	-0.05	USD/shares	92
2021-01-01 to 2021-09-30	-0.32	USD/shares	273

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
2022-07-01 to 2022-09-30	-0.1	USD/shares	92
2022-01-01 to 2022-09-30	-0.22	USD/shares	273
2021-07-01 to 2021-09-30	-0.05	USD/shares	92
2021-01-01 to 2021-09-30	-0.32	USD/shares	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
2022-07-01 to 2022-09-30	-881,313	USD	92
2022-01-01 to 2022-09-30	-1,278,818	USD	273
2021-07-01 to 2021-09-30	71,785	USD	92
2021-01-01 to 2021-09-30	597,888	USD	273

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	989,255	USD	92
2022-01-01 to 2022-09-30	2,704,835	USD	273
2021-07-01 to 2021-09-30	950,770	USD	92
2021-01-01 to 2021-09-30	4,609,198	USD	273

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 2022-09-30	4,065,995	USD
At 2021-12-31	4,200,392	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
2022-01-01 to 2022-09-30	286,543	USD	273

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
2022-07-01 to 2022-09-30	3,113,383	USD	92
2022-01-01 to 2022-09-30	8,841,078	USD	273
2021-07-01 to 2021-09-30	3,090,999	USD	92
2021-01-01 to 2021-09-30	8,215,010	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 2022-09-30	17,439,947	shares
At 2021-12-31	16,052,617	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 2022-09-30	6,973,084	USD
At 2021-12-31	7,383,977	USD
At 2021-09-30	11,527,622	USD
At 2020-12-31	5,096,928	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 2022-09-30	51,116,997	USD
At 2021-12-31	49,645,426	USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit
At 2022-09-30	19,634,717	USD
At 2022-06-30	21,765,721	USD
At 2021-12-31	22,998,389	USD
At 2021-09-30	23,493,553	USD
At 2021-06-30	25,095,603	USD
At 2020-12-31	11,709,743	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
2022-07-01 to 2022-09-30	-1,870,568	USD	92
2022-01-01 to 2022-09-30	-3,983,653	USD	273
2021-07-01 to 2021-09-30	-878,985	USD	92
2021-01-01 to 2021-09-30	-4,011,310	USD	273

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2022-07-01 to 2022-09-30	-1,744,134	USD	92
2022-01-01 to 2022-09-30	-3,732,456	USD	273
2021-07-01 to 2021-09-30	-875,466	USD	92
2021-01-01 to 2021-09-30	-3,824,032	USD	273

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
2022-07-01 to 2022-09-30	99,323	USD	92
2022-01-01 to 2022-09-30	335,538	USD	273
2021-07-01 to 2021-09-30	382,302	USD	92
2021-01-01 to 2021-09-30	568,479	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
2022-01-01 to 2022-09-30	2,471,365	USD	273
2021-01-01 to 2021-09-30	1,665,203	USD	273

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
2022-07-01 to 2022-09-30	324,292	USD	92
2022-01-01 to 2022-09-30	1,037,800	USD	273
2021-07-01 to 2021-09-30	275,935	USD	92
2021-01-01 to 2021-09-30	696,011	USD	273

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
2022-01-01 to 2022-09-30	2,508,654	USD	273
2021-01-01 to 2021-09-30	2,658,218	USD	273

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
2022-01-01 to 2022-09-30	1,538,887	USD	273

Inspect the source

Entity: MEDALIST DIVERSIFIED, INC. / CIK 0001654595
Captured: 2026-09-21T17:22:58.513Z
SEC response SHA-256: 2ee58e33540a4439a748d4fb9055eddcab128702c13f4005e96883c6e193b36b

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/0001654595.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"])))