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GROM SOCIAL ENTERPRISES, INC.: 10-Q filed 2021-11-22

What GROM SOCIAL ENTERPRISES, INC. reported in its quarterly report filed 2021-11-22 (fiscal Q3 2021): 52 published measures, 137 facts as tagged in accession 0001683168-21-005890.

This filing

Form
10-Q (quarterly report)
Filed
2021-11-22
Fiscal period
fiscal Q3 2021
Accession
0001683168-21-005890 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 GROM SOCIAL ENTERPRISES, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2021-09-3031,193,635USD
At 2020-12-3117,265,054USD

Total liabilities

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

PeriodValueUnitDays
At 2021-09-305,711,305USD
At 2020-12-318,667,572USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-09-3025,505,906USD
At 2020-12-318,597,482USD

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 2021-09-309,102,728USD
At 2020-12-31146,708USD
At 2020-09-30392,973USD
At 2019-12-31506,219USD

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
2021-07-01 to 2021-09-30-2,332,437USD92
2021-01-01 to 2021-09-30-7,152,517USD273
2020-07-01 to 2020-09-30-2,221,020USD92
2020-01-01 to 2020-09-30-4,520,962USD274

Operating cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-09-30-5,373,687USD273
2020-01-01 to 2020-09-30-666,775USD274

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2021-01-01 to 2021-09-3025,789USD273
2020-01-01 to 2020-09-30571,563USD274

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
2021-07-01 to 2021-09-301,514,692USD92
2021-01-01 to 2021-09-304,778,527USD273
2020-07-01 to 2020-09-301,439,155USD92
2020-01-01 to 2020-09-304,478,373USD274

Financing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-09-3014,768,735USD273
2020-01-01 to 2020-09-301,023,600USD274

Investing cash flow

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

PeriodValueUnitDays
2021-01-01 to 2021-09-30-425,789USD273
2020-01-01 to 2020-09-30-571,563USD274

Retained earnings or deficit

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

PeriodValueUnitDays
At 2021-09-30-62,920,855USD
At 2020-12-31-55,791,914USD

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
2021-07-01 to 2021-09-300USD92
2021-01-01 to 2021-09-300USD273
2020-07-01 to 2020-09-300USD92
2020-01-01 to 2020-09-300USD274

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 2021-09-30628,773USD
At 2020-12-31965,109USD

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
2021-07-01 to 2021-09-30460,146USD92
2021-01-01 to 2021-09-30460,146USD273
2020-07-01 to 2020-09-300USD92
2020-01-01 to 2020-09-3062,600USD274

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
2021-07-01 to 2021-09-30-2,153,441USD92
2021-01-01 to 2021-09-30-4,331,315USD273
2020-07-01 to 2020-09-30-725,156USD92
2020-01-01 to 2020-09-30-2,117,993USD274

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 2021-09-3010,416,697USD
At 2020-12-311,142,595USD

Current liabilities

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

PeriodValueUnitDays
At 2021-09-303,838,745USD
At 2020-12-316,977,976USD

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 2021-09-30639,472USD
At 2020-12-311,126,114USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2021-09-3012,758,924USD
At 2020-12-318,380,504USD

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 2021-09-301,978,270USD
At 2020-12-311,110,744USD

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 2021-09-30472,059USD
At 2020-12-31587,932USD

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
2021-07-01 to 2021-09-302,926,697USD92
2021-01-01 to 2021-09-306,734,291USD273
2020-07-01 to 2020-09-301,590,856USD92
2020-01-01 to 2020-09-304,749,638USD274

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 2021-09-30127,626USD
At 2020-12-3148,198USD

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
2021-07-01 to 2021-09-30773,256USD92
2021-01-01 to 2021-09-302,402,976USD273
2020-07-01 to 2020-09-30865,700USD92
2020-01-01 to 2020-09-302,631,645USD274

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 2021-09-3012,325,736shares
At 2020-12-315,886,073shares

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 2021-09-3088,490,096USD
At 2020-12-3164,417,218USD

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.

PeriodValueUnitDays
At 2021-09-30-85,061USD
At 2020-12-31-39,334USD

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.

PeriodValueUnitDays
At 2021-09-3025,482,330USD
At 2021-06-3018,844,338USD
At 2020-12-318,597,482USD
At 2020-09-309,364,208USD
At 2020-06-307,467,839USD
At 2019-12-318,176,997USD

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 2021-09-30379,493USD
At 2020-12-31602,775USD

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 2021-09-304,561,186USD
At 2020-12-314,749,917USD

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 2021-09-303,932,413USD
At 2020-12-313,784,808USD

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 2021-09-306,433,865USD
At 2020-12-315,566,339USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2021-09-3073,738USD
At 2020-12-3176,175USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2021-09-30458,926USD
At 2020-12-31367,544USD

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 2021-09-30408,338USD
At 2020-12-311,794,232USD

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 2021-09-30714,284USD
At 2020-12-31386,165USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2021-09-30557,528USD
At 2020-12-31967,053USD

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
2021-07-01 to 2021-09-30-2,332,437USD92
2021-01-01 to 2021-09-30-7,152,517USD273
2020-07-01 to 2020-09-30-2,221,020USD92
2020-01-01 to 2020-09-30-4,520,962USD274

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2021-07-01 to 2021-09-30-2,400,033USD92
2021-01-01 to 2021-09-30-7,198,244USD273
2020-07-01 to 2020-09-30-2,160,299USD92
2020-01-01 to 2020-09-30-4,397,405USD274

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2021-07-01 to 2021-09-30-2,308,861USD92
2021-01-01 to 2021-09-30-7,128,941USD273
2020-07-01 to 2020-09-30-2,498,520USD92
2020-01-01 to 2020-09-30-4,798,462USD274

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
2021-07-01 to 2021-09-301,892,327USD92
2021-01-01 to 2021-09-304,683,481USD273
2020-07-01 to 2020-09-301,009,162USD92
2020-01-01 to 2020-09-303,552,390USD274

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
2021-07-01 to 2021-09-30330,479USD92
2020-07-01 to 2020-09-30333,473USD92

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
2021-07-01 to 2021-09-30196,168USD92
2021-01-01 to 2021-09-30620,666USD273
2020-07-01 to 2020-09-30234,461USD92
2020-01-01 to 2020-09-30623,660USD274

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
2021-01-01 to 2021-09-30290,187USD273
2020-01-01 to 2020-09-30290,187USD274

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
2021-07-01 to 2021-09-30313,787USD92
2021-01-01 to 2021-09-30362,522USD273
2020-07-01 to 2020-09-302,467USD92
2020-01-01 to 2020-09-30-563USD274

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
2021-07-01 to 2021-09-30-178,996USD92
2021-01-01 to 2021-09-30-2,821,202USD273
2020-07-01 to 2020-09-30-1,495,864USD92
2020-01-01 to 2020-09-30-2,402,969USD274

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.

PeriodValueUnitDays
2021-01-01 to 2021-09-3074,299USD273
2020-01-01 to 2020-09-300USD274

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2021-01-01 to 2021-09-300USD273
2020-01-01 to 2020-09-300USD274

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.

PeriodValueUnitDays
2021-01-01 to 2021-09-3010,317,324USD273
2020-01-01 to 2020-09-300USD274

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

PeriodValueUnitDays
2021-01-01 to 2021-09-30277,994USD273

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 2021-09-30-115,873USD273
2020-01-01 to 2020-09-30-99,185USD274

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
2021-01-01 to 2021-09-30-33,979USD273
2020-01-01 to 2020-09-30778USD274

Inspect the source

Entity
GROM SOCIAL ENTERPRISES, INC. / CIK 0001662574
Captured
SEC response SHA-256
d9a3fd01db6568bc4ee053ea815c8e7f160d081644c9fac0a48edd3e86726b6b

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/0001662574.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"])))