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TOUGHBUILT INDUSTRIES, INC.: 10-Q filed 2021-11-22

What TOUGHBUILT INDUSTRIES, INC. reported in its quarterly report filed 2021-11-22 (fiscal Q3 2021): 36 published measures, 104 facts as tagged in accession 0001575872-21-000361.

This filing

Form
10-Q (quarterly report)
Filed
2021-11-22
Fiscal period
fiscal Q3 2021
Accession
0001575872-21-000361 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 2021-09-3090,983,661USD
At 2020-12-3127,490,694USD

Total liabilities

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

PeriodValueUnitDays
At 2021-09-3018,145,133USD
At 2020-12-318,144,641USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-09-3072,838,528USD
At 2021-06-3050,704,974USD
At 2021-03-3158,045,861USD
At 2020-12-3119,346,053USD
At 2020-09-3025,850,304USD
At 2020-06-3025,737,785USD
At 2020-03-315,630,759USD
At 2019-12-313,226,493USD

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 2021-09-30-9,094,707USD92
2021-01-01 to 2021-09-30-22,570,791USD273
2021-04-01 to 2021-06-30-7,422,426USD91
2021-01-01 to 2021-03-31-6,053,659USD90
2020-01-31 to 2020-10-30-6,152,982USD274
2020-07-01 to 2020-09-30120,835USD92
2020-01-01 to 2020-09-30-6,152,982USD274
2020-04-01 to 2020-06-30-2,519,158USD91
2020-01-01 to 2020-03-31-3,754,659USD91

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 2021-09-30-45,708,621USD273
2020-01-01 to 2020-09-30-18,787,279USD274

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 2021-09-308,059,748USD273
2020-01-01 to 2020-09-301,716,998USD274

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 2021-09-3017,215,938USD92
2021-01-01 to 2021-09-3045,351,558USD273
2020-07-01 to 2020-09-3016,663,389USD92
2020-01-01 to 2020-09-3027,412,547USD274

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 2021-09-3082,762,679USD273
2020-01-01 to 2020-09-3026,370,826USD274

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 2021-09-30-8,059,748USD273
2020-01-01 to 2020-09-301,283,002USD274

Retained earnings or deficit

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

PeriodValueUnitDays
At 2021-09-30-83,332,784USD
At 2020-12-31-60,761,992USD

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 2021-09-309,930,109USD
At 2020-12-313,066,924USD

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
2021-01-01 to 2021-09-30232,447USD273
2020-01-01 to 2020-09-30315,673USD274

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 2021-09-30-11,408,828USD92
2021-01-01 to 2021-09-30-24,621,357USD273
2020-07-01 to 2020-09-30335,814USD92
2020-01-01 to 2020-09-30-5,348,478USD274

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 2021-09-3080,592,896USD
At 2020-12-3124,296,037USD

Current liabilities

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

PeriodValueUnitDays
At 2021-09-3018,145,133USD
At 2020-12-318,144,641USD

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 2021-09-3012,142,937USD
At 2020-12-316,955,218USD

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 2021-09-3017,040,362USD
At 2020-12-3110,537,395USD

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 2021-09-3016,853,451USD92
2021-01-01 to 2021-09-3038,493,739USD273
2020-07-01 to 2020-09-306,493,566USD92
2020-01-01 to 2020-09-3016,223,371USD274

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 2021-09-3031,317,878USD
At 2020-12-318,915,345USD

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 2021-09-305,444,623USD92
2021-01-01 to 2021-09-3013,872,382USD273
2020-07-01 to 2020-09-306,829,380USD92
2020-01-01 to 2020-09-3010,874,893USD274

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
2021-07-01 to 2021-09-3015,242,780USD92
2021-01-01 to 2021-09-3033,904,958USD273
2020-07-01 to 2020-09-305,703,676USD92
2020-01-01 to 2020-09-3014,727,242USD274

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
2021-07-01 to 2021-09-301,610,671USD92
2021-01-01 to 2021-09-304,588,781USD273
2020-07-01 to 2020-09-30789,890USD92
2020-01-01 to 2020-09-301,496,129USD274

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 2021-09-30129,299,607shares
At 2020-12-3143,918,831shares

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 2021-09-30156,158,382USD
At 2020-12-3180,103,653USD

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 2021-09-302,350,185USD
At 2020-12-311,153,623USD

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 2021-09-30460,656USD
At 2020-12-31127,733USD

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 2021-09-301,441,533USD
At 2020-12-31598,473USD

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 2021-09-30-9,094,707USD92
2021-01-01 to 2021-09-30-22,570,791USD273
2020-01-31 to 2020-10-30-7,448,276USD274
2020-07-01 to 2020-09-30120,835USD92
2020-01-01 to 2020-09-30-7,448,276USD274

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 2021-09-30552,464USD92
2021-01-01 to 2021-09-301,196,562USD273
2020-07-01 to 2020-09-30176,691USD92
2020-01-01 to 2020-09-30394,322USD274

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 2021-09-302,314,121USD92
2021-01-01 to 2021-09-302,050,566USD273
2020-07-01 to 2020-09-30-214,979USD92
2020-01-01 to 2020-09-30-804,504USD274

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 2021-09-300USD273
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 2021-09-3077,941,089USD273
2020-01-01 to 2020-09-300USD274

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 2021-09-306,502,967USD273
2020-01-01 to 2020-09-3010,508,916USD274

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 2021-09-3022,402,533USD273
2020-01-01 to 2020-09-304,468,533USD274

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
2021-01-01 to 2021-09-305,187,717USD273
2020-01-01 to 2020-09-302,971,766USD274

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.

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.

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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"])))