BRAIN SCIENTIFIC INC.: 10-Q filed 2017-11-14

Name: BRAIN SCIENTIFIC INC.: 10-Q filed 2017-11-14
Creator: BRAIN SCIENTIFIC INC.

What BRAIN SCIENTIFIC INC. reported in its quarterly report filed 2017-11-14 (fiscal Q3 2017): 25 published measures, 70 facts as tagged in accession 0001185185-17-002382.

This filing

Form: 10-Q (quarterly report)
Filed: 2017-11-14
Fiscal period: fiscal Q3 2017
Accession: 0001185185-17-002382 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 BRAIN SCIENTIFIC 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 2017-09-30	2,377	USD
At 2016-12-31	3,580	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2017-09-30	-144,770	USD
At 2016-12-31	-80,545	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 2017-09-30	60	USD
At 2016-12-31	160	USD
At 2016-09-30	100	USD
At 2015-12-31	50	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
2017-07-01 to 2017-09-30	-29,059	USD	92
2017-01-01 to 2017-09-30	-68,290	USD	273
2016-07-01 to 2016-09-30	-24,282	USD	92
2016-01-01 to 2016-09-30	-69,373	USD	274

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
2017-01-01 to 2017-09-30	-51,100	USD	273
2016-01-01 to 2016-09-30	50	USD	274

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2017-07-01 to 2017-09-30	272	USD	92
2017-01-01 to 2017-09-30	7,022	USD	273
2016-07-01 to 2016-09-30	0	USD	92
2016-01-01 to 2016-09-30	0	USD	274

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
2017-01-01 to 2017-09-30	51,000	USD	273
2016-01-01 to 2016-09-30	0	USD	274

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 2017-09-30	-159,073	USD
At 2016-12-31	-90,783	USD

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	Unit	Days
2017-07-01 to 2017-09-30	USD	92
2017-01-01 to 2017-09-30	USD	273
2016-07-01 to 2016-09-30	USD	92
2016-01-01 to 2016-09-30	USD	274

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
2017-07-01 to 2017-09-30	-27,656	USD	92
2017-01-01 to 2017-09-30	-64,225	USD	273
2016-07-01 to 2016-09-30	-24,282	USD	92
2016-01-01 to 2016-09-30	-69,373	USD	274

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 2017-09-30	2,377	USD
At 2016-12-31	3,580	USD

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
2017-07-01 to 2017-09-30	1,403	USD	92
2017-01-01 to 2017-09-30	4,065	USD	273
2016-07-01 to 2016-09-30	0	USD	92
2016-01-01 to 2016-09-30	0	USD	274

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 2017-09-30	147,147	USD
At 2016-12-31	84,125	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 2017-09-30	7,189	USD
At 2016-12-31	6,262	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 2017-09-30	57	USD
At 2016-12-31	0	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
2017-07-01 to 2017-09-30	27,908	USD	92
2017-01-01 to 2017-09-30	70,087	USD	273
2016-07-01 to 2016-09-30	24,282	USD	92
2016-01-01 to 2016-09-30	69,373	USD	274

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 2017-09-30	2,260	USD
At 2016-12-31	3,420	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
2017-07-01 to 2017-09-30	252	USD	92
2017-01-01 to 2017-09-30	5,862	USD	273
2016-07-01 to 2016-09-30	0	USD	92
2016-01-01 to 2016-09-30	0	USD	274

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 2017-09-30	10,000,000	shares
At 2016-12-31	10,000,000	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 2017-09-30	4,303	USD
At 2016-12-31	238	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
2017-07-01 to 2017-09-30	27,908	USD	92
2017-01-01 to 2017-09-30	70,087	USD	273
2016-07-01 to 2016-09-30	24,282	USD	92
2016-01-01 to 2016-09-30	69,373	USD	274

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
2017-07-01 to 2017-09-30	-1,403	USD	92
2017-01-01 to 2017-09-30	-4,065	USD	273
2016-07-01 to 2016-09-30	0	USD	92
2016-01-01 to 2016-09-30	0	USD	274

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
2017-01-01 to 2017-09-30	57	USD	273
2016-01-01 to 2016-09-30	0	USD	274

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
2017-01-01 to 2017-09-30	-1,160	USD	273
2016-01-01 to 2016-09-30	0	USD	274

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.

Period	Value	Unit	Days
2017-01-01 to 2017-09-30	927	USD	273
2016-01-01 to 2016-09-30	30,360	USD	274

Inspect the source

Entity: BRAIN SCIENTIFIC INC. / CIK 0001662382
Captured: 2026-09-22 19:53 UTC
SEC response SHA-256: 65e17d0e702756b77c9b53df1319f658664a8db70c1434c3f7959f007a39e761

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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Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001662382.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"])))