BRAIN SCIENTIFIC INC.: 10-Q filed 2019-08-14
What BRAIN SCIENTIFIC INC. reported in its quarterly report filed 2019-08-14 (fiscal Q2 2019): 35 published measures, 98 facts as tagged in accession 0001185185-19-001133.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2019-08-14
- Fiscal period
- fiscal Q2 2019
- Accession
- 0001185185-19-001133 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 2019-06-30 | 55,870 | USD | |
| At 2018-12-31 | 180,114 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-06-30 | 715,801 | USD | |
| At 2018-12-31 | 234,086 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-06-30 | -659,931 | USD | |
| At 2019-03-31 | -459,337 | USD | |
| At 2018-12-31 | -53,972 | USD | |
| At 2018-06-30 | -1,489,558 | USD | |
| At 2018-03-31 | -1,223,828 | USD | |
| At 2017-12-31 | -910,681 | 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 | Days |
|---|---|---|---|
| At 2019-06-30 | 26,983 | USD | |
| At 2018-12-31 | 163,563 | USD | |
| At 2018-06-30 | 39,679 | USD | |
| At 2017-12-31 | 297,528 | 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 |
|---|---|---|---|
| 2019-04-01 to 2019-06-30 | -206,497 | USD | 91 |
| 2019-01-01 to 2019-06-30 | -616,756 | USD | 181 |
| 2019-01-01 to 2019-03-31 | -410,259 | USD | 90 |
| 2018-04-01 to 2018-06-30 | -266,243 | USD | 91 |
| 2018-01-01 to 2018-06-30 | -579,667 | USD | 181 |
| 2018-01-01 to 2018-03-31 | -313,424 | USD | 90 |
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 |
|---|---|---|---|
| 2019-01-01 to 2019-06-30 | -581,044 | USD | 181 |
| 2018-01-01 to 2018-06-30 | -454,217 | USD | 181 |
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 |
|---|---|---|---|
| 2019-01-01 to 2019-06-30 | 1,005 | USD | 181 |
| 2018-01-01 to 2018-06-30 | 0 | USD | 181 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-04-01 to 2019-06-30 | 75,376 | USD | 91 |
| 2019-01-01 to 2019-06-30 | 77,626 | USD | 181 |
| 2018-04-01 to 2018-06-30 | 0 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 0 | USD | 181 |
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 |
|---|---|---|---|
| 2019-01-01 to 2019-06-30 | 445,153 | USD | 181 |
| 2018-01-01 to 2018-06-30 | 196,368 | USD | 181 |
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 |
|---|---|---|---|
| 2019-01-01 to 2019-06-30 | -1,005 | USD | 181 |
| 2018-01-01 to 2018-06-30 | 0 | USD | 181 |
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 2019-06-30 | -3,284,968 | USD | |
| At 2018-12-31 | -2,668,212 | 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 | Value | Unit | Days |
|---|---|---|---|
| 2019-04-01 to 2019-06-30 | 0 | USD | 91 |
| 2019-01-01 to 2019-06-30 | 0 | USD | 181 |
| 2018-04-01 to 2018-06-30 | 0 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 0 | USD | 181 |
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 2019-06-30 | 2,364 | USD | |
| At 2018-12-31 | 1,999 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-06-30 | 9,208 | USD | 181 |
| 2018-01-01 to 2018-06-30 | 0 | USD | 181 |
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 |
|---|---|---|---|
| 2019-04-01 to 2019-06-30 | -195,526 | USD | 91 |
| 2019-01-01 to 2019-06-30 | -597,732 | USD | 181 |
| 2018-04-01 to 2018-06-30 | -236,230 | USD | 91 |
| 2018-01-01 to 2018-06-30 | -513,562 | USD | 181 |
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 2019-06-30 | 53,506 | USD | |
| At 2018-12-31 | 178,115 | 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 |
|---|---|---|---|
| 2019-04-01 to 2019-06-30 | 10,971 | USD | 91 |
| 2019-01-01 to 2019-06-30 | 19,024 | USD | 181 |
| 2018-04-01 to 2018-06-30 | 40,639 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 84,291 | USD | 181 |
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 2019-06-30 | 712,377 | USD | |
| At 2018-12-31 | 226,991 | 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 2019-06-30 | 6,332 | USD | |
| At 2018-12-31 | 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 |
|---|---|---|---|
| 2019-04-01 to 2019-06-30 | 223,860 | USD | 91 |
| 2019-01-01 to 2019-06-30 | 628,316 | USD | 181 |
| 2018-04-01 to 2018-06-30 | 236,230 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 513,562 | USD | 181 |
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 2019-06-30 | 609 | USD | |
| At 2018-12-31 | 0 | 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 |
|---|---|---|---|
| 2019-04-01 to 2019-06-30 | 28,334 | USD | 91 |
| 2019-01-01 to 2019-06-30 | 30,584 | USD | 181 |
| 2018-04-01 to 2018-06-30 | 0 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 0 | USD | 181 |
Research and development expense
Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-04-01 to 2019-06-30 | 27,776 | USD | 91 |
| 2019-01-01 to 2019-06-30 | 50,066 | USD | 181 |
| 2018-04-01 to 2018-06-30 | 26,312 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 63,218 | USD | 181 |
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 2019-06-30 | 19,232,292 | shares | |
| At 2018-12-31 | 19,205,624 | 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 2019-06-30 | 2,605,489 | USD | |
| At 2018-12-31 | 2,595,034 | USD |
Accumulated other comprehensive income or loss
Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-06-30 | 316 | USD | |
| At 2018-12-31 | 0 | USD |
Other noncurrent liabilities
Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2019-06-30 | 3,424 | USD | |
| At 2018-12-31 | 7,095 | 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 2019-06-30 | 19,582 | USD | |
| At 2018-12-31 | 14,552 | 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 |
|---|---|---|---|
| 2019-04-01 to 2019-06-30 | 120,286 | USD | 91 |
| 2019-01-01 to 2019-06-30 | 321,527 | USD | 181 |
| 2018-04-01 to 2018-06-30 | 120,389 | USD | 91 |
| 2018-01-01 to 2018-06-30 | 263,225 | USD | 181 |
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 |
|---|---|---|---|
| 2019-01-01 to 2019-06-30 | 640 | USD | 181 |
| 2018-01-01 to 2018-06-30 | 323 | USD | 181 |
Depreciation, depletion and amortization
Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-01-01 to 2019-06-30 | 640 | USD | 181 |
| 2018-01-01 to 2018-06-30 | 323 | USD | 181 |
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 |
|---|---|---|---|
| 2019-04-01 to 2019-06-30 | -10,971 | USD | 91 |
| 2019-01-01 to 2019-06-30 | -19,024 | USD | 181 |
| 2018-04-01 to 2018-06-30 | -30,013 | USD | 91 |
| 2018-01-01 to 2018-06-30 | -66,105 | USD | 181 |
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 |
|---|---|---|---|
| 2019-01-01 to 2019-06-30 | 6,332 | USD | 181 |
| 2018-01-01 to 2018-06-30 | 0 | USD | 181 |
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 |
|---|---|---|---|
| 2019-01-01 to 2019-06-30 | 609 | USD | 181 |
| 2018-01-01 to 2018-06-30 | 0 | USD | 181 |
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 |
|---|---|---|---|
| 2019-01-01 to 2019-06-30 | 63,817 | USD | 181 |
| 2018-01-01 to 2018-06-30 | 93,948 | USD | 181 |
Inspect the source
- Entity
- BRAIN SCIENTIFIC INC. / CIK 0001662382
- Captured
- 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.
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.
- Get an API key and run your first validation
- Connect the MCP server to your coding assistant
- Inspect the ALPHAC engine on GitHub
- Read the MCP server source and integration examples
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"])))