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TOUGHBUILT INDUSTRIES, INC.: 10-Q filed 2023-08-21

What TOUGHBUILT INDUSTRIES, INC. reported in its quarterly report filed 2023-08-21 (fiscal Q2 2023): 44 published measures, 121 facts as tagged in accession 0001575872-23-001341.

This filing

Form
10-Q (quarterly report)
Filed
2023-08-21
Fiscal period
fiscal Q2 2023
Accession
0001575872-23-001341 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 2023-06-3067,551,163USD
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 2023-06-3051,063,262USD
At 2022-12-3154,209,052USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-06-3016,487,901USD
At 2023-03-3121,547,921USD
At 2022-12-3129,707,944USD
At 2022-06-3041,321,512USD
At 2022-03-3147,736,991USD
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
2023-04-01 to 2023-06-30-5,725,370USD91
2023-01-01 to 2023-06-30-14,000,532USD181
2022-04-01 to 2022-06-30-12,136,051USD91
2022-01-01 to 2022-06-30-24,239,990USD181

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 2023-06-30-2,145,461USD181
2022-01-01 to 2022-06-30-12,893,604USD181

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 2023-06-302,249,304USD181
2022-01-01 to 2022-06-301,786,292USD181

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
2023-04-01 to 2023-06-3018,879,569USD91
2023-01-01 to 2023-06-3039,092,279USD181
2022-04-01 to 2022-06-3017,887,655USD91
2022-01-01 to 2022-06-3035,108,400USD181

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 2023-06-304,037,093USD181
2022-01-01 to 2022-06-309,300,684USD181

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 2023-06-30-2,249,304USD181
2022-01-01 to 2022-06-30-1,736,292USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-06-30-158,953,585USD
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
2023-04-01 to 2023-06-3015,790,720shares91
2023-01-01 to 2023-06-3015,258,451shares181
2022-04-01 to 2022-06-301,284,110shares91
2022-01-01 to 2022-06-301,074,220shares181

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
2023-04-01 to 2023-06-3015,790,720shares91
2023-01-01 to 2023-06-3015,258,451shares181
2022-04-01 to 2022-06-301,284,110shares91
2022-01-01 to 2022-06-301,074,220shares181

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
2023-04-01 to 2023-06-30-0.36USD/shares91
2023-01-01 to 2023-06-30-0.92USD/shares181
2022-04-01 to 2022-06-30-9.45USD/shares91
2022-01-01 to 2022-06-30-22.57USD/shares181

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
2023-04-01 to 2023-06-30-0.36USD/shares91
2023-01-01 to 2023-06-30-0.92USD/shares181
2022-04-01 to 2022-06-30-9.45USD/shares91
2022-01-01 to 2022-06-30-22.57USD/shares181

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 2023-06-3019,618,726USD
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 2023-06-30228,656USD181
2022-01-01 to 2022-06-3026,202USD181

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
2023-04-01 to 2023-06-30-12,039,687USD91
2023-01-01 to 2023-06-30-27,089,125USD181
2022-04-01 to 2022-06-30-12,302,877USD91
2022-01-01 to 2022-06-30-27,748,103USD181

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 2023-06-3041,486,735USD
At 2022-12-3160,109,974USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2023-04-01 to 2023-06-30576,425USD91
2023-01-01 to 2023-06-301,287,109USD181
2022-04-01 to 2022-06-3092,438USD91
2022-01-01 to 2022-06-3092,181USD181

Current liabilities

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

PeriodValueUnitDays
At 2023-06-3047,679,295USD
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 2023-06-3036,864,439USD
At 2022-12-3129,671,272USD

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 2023-06-307,820,611USD
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
2023-04-01 to 2023-06-3017,880,660USD91
2023-01-01 to 2023-06-3036,487,368USD181
2022-04-01 to 2022-06-3017,251,293USD91
2022-01-01 to 2022-06-3035,699,646USD181

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 2023-06-3031,411,395USD
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
2023-04-01 to 2023-06-305,840,973USD91
2023-01-01 to 2023-06-309,398,243USD181
2022-04-01 to 2022-06-304,948,416USD91
2022-01-01 to 2022-06-307,951,543USD181

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
2023-04-01 to 2023-06-3014,967,257USD91
2023-01-01 to 2023-06-3030,046,444USD181
2022-04-01 to 2022-06-3014,496,942USD91
2022-01-01 to 2022-06-3030,430,841USD181

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
2023-04-01 to 2023-06-302,913,403USD91
2023-01-01 to 2023-06-306,440,924USD181
2022-04-01 to 2022-06-302,754,351USD91
2022-01-01 to 2022-06-305,268,805USD181

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 2023-06-3014,078,997shares
At 2022-12-3114,078,997shares

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 2023-06-30175,438,894USD
At 2022-12-31174,659,589USD

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 2023-06-304,386,414USD
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 2023-06-304,566,318USD
At 2022-12-314,566,318USD

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 2023-06-309,730,918USD
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 2023-06-302,059,288USD
At 2022-12-311,890,780USD

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 2023-06-303,433,090USD
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 2023-06-3048,164USD
At 2022-12-31369,792USD

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
2023-04-01 to 2023-06-30-5,725,370USD91
2023-01-01 to 2023-06-30-14,000,532USD181
2023-01-01 to 2023-03-31-8,275,162USD90
2022-04-01 to 2022-06-30-12,136,051USD91
2022-01-01 to 2022-06-30-24,239,990USD181
2022-01-01 to 2022-03-31-12,103,938USD90

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 2023-06-302,608,776USD181
2022-01-01 to 2022-06-301,938,527USD181

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
2023-04-01 to 2023-06-306,314,317USD91
2023-01-01 to 2023-06-3013,088,593USD181
2022-04-01 to 2022-06-30166,826USD91
2022-01-01 to 2022-06-303,508,113USD181

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 2023-06-301,261,457USD181

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
2023-01-01 to 2023-06-300USD181
2022-01-01 to 2022-06-300USD181

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 2023-06-303,796,648USD181
2022-01-01 to 2022-06-308,869,617USD181

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 2023-06-30-7,690,048USD181
2022-01-01 to 2022-06-30-3,142,300USD181

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 2023-06-30-8,953,891USD181
2022-01-01 to 2022-06-301,724,293USD181

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 2023-06-304,715,352USD181
2022-01-01 to 2022-06-3013,536,390USD181

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.

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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"])))