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TOUGHBUILT INDUSTRIES, INC.: 10-K filed 2024-12-23

What TOUGHBUILT INDUSTRIES, INC. reported in its annual report filed 2024-12-23 (fiscal FY 2023): 49 published measures, 228 facts as tagged in accession 0001213900-24-111385.

This filing

Form
10-K (annual report)
Filed
2024-12-23
Fiscal period
fiscal FY 2023
Accession
0001213900-24-111385 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 TOUGHBUILT INDUSTRIES, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2023-12-3151,790,184USD
At 2023-09-3072,574,598USD
At 2023-06-3075,245,005USD
At 2023-03-3177,467,258USD
At 2022-12-3183,916,996USD

Total liabilities

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

PeriodValueUnitDays
At 2023-12-3161,511,211USD
At 2023-09-3065,750,391USD
At 2023-06-3059,911,972USD
At 2023-03-3155,866,528USD
At 2022-12-3154,209,052USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-12-31-9,721,027USD
At 2023-09-306,824,207USD
At 2023-06-3015,333,033USD
At 2023-03-3121,600,730USD
At 2022-12-3129,707,944USD
At 2021-12-3157,896,523USD

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
2023-01-01 to 2023-12-31-46,449,313USD365
2023-07-01 to 2023-09-30-14,516,988USD92
2023-01-01 to 2023-09-30-29,719,904USD273
2023-04-01 to 2023-06-30-6,974,485USD91
2023-01-01 to 2023-06-30-15,202,916USD181
2023-01-01 to 2023-03-31-8,228,431USD90
2022-01-01 to 2022-12-31-39,295,273USD365

Operating cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-12-31-5,086,789USD365
2023-01-01 to 2023-09-30-4,030,770USD273
2023-01-01 to 2023-06-30-2,554,633USD181
2023-01-01 to 2023-03-31447,066USD90
2022-01-01 to 2022-12-31-37,291,817USD365

Capital expenditure payments

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

PeriodValueUnitDays
2023-01-01 to 2023-12-312,515,653USD365
2022-01-01 to 2022-12-315,099,768USD365

Revenue

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

PeriodValueUnitDays
2023-01-01 to 2023-12-3176,271,822USD365
2023-07-01 to 2023-09-3019,703,177USD92
2023-01-01 to 2023-09-3055,541,067USD273
2023-04-01 to 2023-06-3016,976,356USD91
2023-01-01 to 2023-06-3035,837,890USD181
2023-01-01 to 2023-03-3118,861,534USD90
2022-01-01 to 2022-12-3195,253,767USD365

Financing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-12-316,191,070USD365
2023-01-01 to 2023-09-306,697,966USD273
2023-01-01 to 2023-06-304,036,909USD181
2023-01-01 to 2023-03-31267,665USD90
2022-01-01 to 2022-12-3137,433,598USD365

Investing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-12-31-2,598,450USD365
2023-01-01 to 2023-09-30-3,313,252USD273
2023-01-01 to 2023-06-30-2,249,304USD181
2023-01-01 to 2023-03-31-1,257,625USD90
2022-01-01 to 2022-12-31-5,049,768USD365

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-12-31-191,402,366USD
At 2023-09-30-174,672,957USD
At 2023-06-30-160,155,970USD
At 2023-03-31-153,181,484USD
At 2022-12-31-144,953,053USD

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
2023-01-01 to 2023-12-31380,344shares365
2023-07-01 to 2023-09-30481,508shares92
2023-01-01 to 2023-09-30317,904shares273
2023-04-01 to 2023-06-30242,934shares91
2023-01-01 to 2023-06-30234,745shares181
2023-01-01 to 2023-03-31226,466shares90
2022-01-01 to 2022-12-31101,405shares365

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.

PeriodValueUnitDays
2023-01-01 to 2023-12-31380,344shares365
2023-07-01 to 2023-09-30481,508shares92
2023-01-01 to 2023-09-30317,904shares273
2023-04-01 to 2023-06-30242,934shares91
2023-01-01 to 2023-06-30234,745shares181
2023-01-01 to 2023-03-31226,466shares90
2022-01-01 to 2022-12-31101,405shares365

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
2023-01-01 to 2023-12-31-122.12USD/shares365
2023-07-01 to 2023-09-30-30.15USD/shares92
2023-01-01 to 2023-09-30-93.49USD/shares273
2023-04-01 to 2023-06-30-28.71USD/shares91
2023-01-01 to 2023-06-30-64.76USD/shares181
2023-01-01 to 2023-03-31-36.33USD/shares90
2022-01-01 to 2022-12-31-461.14USD/shares365

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.

PeriodValueUnitDays
2023-01-01 to 2023-12-31-122.12USD/shares365
2023-07-01 to 2023-09-30-30.15USD/shares92
2023-01-01 to 2023-09-30-93.49USD/shares273
2023-04-01 to 2023-06-30-28.71USD/shares91
2023-01-01 to 2023-06-30-64.76USD/shares181
2023-01-01 to 2023-03-31-36.33USD/shares90
2022-01-01 to 2022-12-31-461.14USD/shares365

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 2023-12-3113,776,672USD
At 2023-09-3018,904,135USD
At 2023-06-3019,618,726USD
At 2023-03-3118,560,997USD
At 2022-12-3117,500,383USD

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
2023-01-01 to 2023-12-31453,610USD365
2023-01-01 to 2023-09-30328,127USD273
2023-01-01 to 2023-06-30228,656USD181
2023-01-01 to 2023-03-31115,139USD90
2022-01-01 to 2022-12-31758,152USD365

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
2023-01-01 to 2023-12-31-57,217,942USD365
2023-07-01 to 2023-09-30-10,860,664USD92
2023-01-01 to 2023-09-30-39,192,550USD273
2023-04-01 to 2023-06-30-13,318,252USD91
2023-01-01 to 2023-06-30-28,331,886USD181
2023-01-01 to 2023-03-31-15,013,634USD90
2022-01-01 to 2022-12-31-52,275,592USD365

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 2023-12-3133,502,035USD
At 2023-09-3047,481,692USD
At 2023-06-3049,177,980USD
At 2023-03-3152,761,580USD
At 2022-12-3160,109,974USD

Current liabilities

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

PeriodValueUnitDays
At 2023-12-3160,123,633USD
At 2023-09-3062,737,177USD
At 2023-06-3056,528,005USD
At 2023-03-3152,641,758USD
At 2022-12-3150,731,672USD

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 2023-12-3146,954,346USD
At 2022-12-3128,571,272USD

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 2023-12-3110,239,570USD
At 2023-09-3012,187,204USD
At 2023-06-309,733,739USD
At 2023-03-3114,436,966USD
At 2022-12-3116,810,659USD

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
2023-01-01 to 2023-12-3173,623,624USD365
2023-07-01 to 2023-09-3015,188,017USD92
2023-01-01 to 2023-09-3051,145,814USD273
2023-04-01 to 2023-06-3018,145,653USD91
2023-01-01 to 2023-06-3035,957,797USD181
2023-01-01 to 2023-03-3117,812,144USD90
2022-01-01 to 2022-12-3177,486,855USD365

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 2023-12-3121,941,803USD
At 2023-09-3032,932,221USD
At 2023-06-3037,207,886USD
At 2023-03-3135,417,391USD
At 2022-12-3140,365,286USD

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
2023-01-01 to 2023-12-3116,405,682USD365
2023-07-01 to 2023-09-304,327,353USD92
2023-01-01 to 2023-09-3011,953,264USD273
2023-04-01 to 2023-06-304,827,401USD91
2023-01-01 to 2023-06-307,625,911USD181
2023-01-01 to 2023-03-312,798,510USD90
2022-01-01 to 2022-12-3125,211,263USD365

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2023-01-01 to 2023-12-3156,044,334USD365
2022-01-01 to 2022-12-3166,189,907USD365

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.

PeriodValueUnitDays
2023-01-01 to 2023-12-3111,996,000USD365
2022-01-01 to 2022-12-3111,296,948USD365

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 2023-12-31567,927shares
At 2022-12-31216,600shares

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 2023-12-311,152,540USD
At 2022-12-312,564,237USD
At 2021-12-317,472,224USD

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 2023-12-31181,598,810USD
At 2022-12-31174,660,975USD

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 2023-12-3182,472USD
At 2023-09-3023,783USD
At 2023-06-3047,702USD
At 2023-03-316,078USD

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 2023-12-312,833,268USD
At 2023-09-304,021,988USD
At 2023-06-304,386,414USD
At 2023-03-314,150,863USD
At 2022-12-314,415,859USD

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 2023-12-312,900,081USD
At 2022-12-314,437,010USD

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 2023-12-3126,663,546USD
At 2022-12-3124,631,299USD

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 2023-12-3112,886,874USD
At 2022-12-317,130,916USD

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 2023-09-302,166,783USD
At 2023-06-302,061,885USD
At 2023-03-311,993,818USD

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 2023-12-315,277,503USD
At 2023-09-308,011,346USD
At 2023-06-3013,053,160USD
At 2023-03-316,818,061USD
At 2022-12-313,010,914USD

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 2023-12-31168,122USD
At 2023-09-30420,303USD
At 2023-06-30391,444USD
At 2023-03-31879,802USD
At 2022-12-31369,792USD

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
2023-01-01 to 2023-12-31-46,449,313USD365
2023-07-01 to 2023-09-30-14,516,988USD92
2023-01-01 to 2023-09-30-29,719,904USD273
2023-04-01 to 2023-06-30-6,974,485USD91
2023-01-01 to 2023-06-30-15,202,916USD181
2023-01-01 to 2023-03-31-8,228,431USD90
2022-01-01 to 2022-12-31-39,295,273USD365

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
2023-01-01 to 2023-12-31-46,449,313USD365
2023-07-01 to 2023-09-30-14,516,988USD92
2023-01-01 to 2023-09-30-29,719,904USD273
2023-04-01 to 2023-06-30-6,974,485USD91
2023-01-01 to 2023-06-30-15,202,916USD181
2023-01-01 to 2023-03-31-8,228,431USD90
2022-01-01 to 2022-12-31-46,762,473USD365

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
2023-01-01 to 2023-12-315,764,732USD365
2023-01-01 to 2023-09-304,088,358USD273
2023-01-01 to 2023-06-302,608,776USD181
2023-01-01 to 2023-03-311,152,353USD90
2022-01-01 to 2022-12-314,162,153USD365

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
2022-01-01 to 2022-12-310USD365

Nonoperating interest expense

Interest expense presented outside operating results. It differs from total interest expense when some borrowing cost is classified as operating or capitalized.

PeriodValueUnitDays
2023-01-01 to 2023-12-311,701,113USD365
2023-07-01 to 2023-09-30130,058USD92
2023-01-01 to 2023-09-301,376,790USD273
2023-04-01 to 2023-06-30546,975USD91
2023-01-01 to 2023-06-301,246,732USD181
2023-01-01 to 2023-03-31699,757USD90
2022-01-01 to 2022-12-311,914,120USD365

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
2023-01-01 to 2023-12-3110,768,629USD365
2023-07-01 to 2023-09-30-3,656,324USD92
2023-01-01 to 2023-09-309,472,646USD273
2023-04-01 to 2023-06-306,343,767USD91
2023-01-01 to 2023-06-3013,128,970USD181
2023-01-01 to 2023-03-316,785,203USD90
2022-01-01 to 2022-12-3112,980,319USD365

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
2023-01-01 to 2023-12-3198,022USD365

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
2023-01-01 to 2023-12-313,906,648USD365
2023-01-01 to 2023-09-306,958,318USD273
2023-01-01 to 2023-06-303,796,464USD181
2022-01-01 to 2022-12-3132,981,948USD365

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
2023-01-01 to 2023-12-311,240,368USD365
2022-01-01 to 2022-12-311,120,081USD365

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
2023-01-01 to 2023-12-31-2,082,403USD365
2023-01-01 to 2023-09-30-1,017,097USD273
2023-01-01 to 2023-06-30-5,776,920USD181
2023-01-01 to 2023-03-31-2,373,693USD90
2022-01-01 to 2022-12-311,549,595USD365

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
2023-01-01 to 2023-12-31-18,423,483USD365
2023-01-01 to 2023-09-30-7,433,065USD273
2023-01-01 to 2023-06-30-3,157,400USD181
2023-01-01 to 2023-03-31-4,947,895USD90
2022-01-01 to 2022-12-311,933,274USD365

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.

PeriodValueUnitDays
2023-01-01 to 2023-12-3115,918,374USD365
2023-01-01 to 2023-09-30-15,174,509USD273
2023-01-01 to 2023-06-30-3,943,991USD181
2023-01-01 to 2023-03-31-4,349,494USD90
2022-01-01 to 2022-12-3111,943,821USD365

Inspect the source

Entity
TOUGHBUILT INDUSTRIES, INC. / CIK 0001668370
Captured
2026-09-21T17:22:35.882Z
SEC response SHA-256
9281ad4a7846c802fa80b0c9e321d9796aa51cd0c1e22a89682b8dc7f29d2258

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/0001668370.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"])))