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FORZA INNOVATIONS, INC.: 10-Q filed 2020-05-15

What FORZA INNOVATIONS, INC. reported in its quarterly report filed 2020-05-15 (fiscal Q3 2020): 29 published measures, 84 facts as tagged in accession 0001607062-20-000128.

This filing

Form
10-Q (quarterly report)
Filed
2020-05-15
Fiscal period
fiscal Q3 2020
Accession
0001607062-20-000128 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 FORZA INNOVATIONS, INC. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2020-03-31897,479USD
At 2019-06-30625,421USD

Total liabilities

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

PeriodValueUnitDays
At 2020-03-31671,983USD
At 2019-06-30527,003USD

Stockholders equity

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

PeriodValueUnitDays
At 2020-03-31225,496USD
At 2019-12-31144,528USD
At 2019-09-30118,899USD
At 2019-06-3098,418USD
At 2019-03-3184,841USD
At 2018-12-3183,344USD
At 2018-09-3018,282USD
At 2018-06-30-4,325USD

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 2020-03-31210,099USD
At 2019-06-30170,206USD
At 2019-03-31164,385USD
At 2018-06-3017,866USD

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
2020-01-01 to 2020-03-31-135,532USD91
2019-07-01 to 2020-03-31-172,422USD275
2019-10-01 to 2019-12-31-44,371USD92
2019-07-01 to 2019-09-307,481USD92
2019-01-01 to 2019-03-311,497USD90
2018-07-01 to 2019-03-3189,166USD274
2018-10-01 to 2018-12-3165,062USD92
2018-07-01 to 2018-09-3022,607USD92

Operating cash flow

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

PeriodValueUnitDays
2019-07-01 to 2020-03-3142,366USD275
2018-07-01 to 2019-03-31182,918USD274

Revenue

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

PeriodValueUnitDays
2020-01-01 to 2020-03-31163,782USD91
2019-07-01 to 2020-03-31438,656USD275
2019-01-01 to 2019-03-31188,070USD90
2018-07-01 to 2019-03-31621,515USD274

Financing cash flow

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

PeriodValueUnitDays
2019-07-01 to 2020-03-31224,617USD275
2018-07-01 to 2019-03-31-36,399USD274

Investing cash flow

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

PeriodValueUnitDays
2019-07-01 to 2020-03-31-227,090USD275

Retained earnings or deficit

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

PeriodValueUnitDays
At 2020-03-31-203,004USD
At 2019-06-30-30,582USD

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
2019-01-01 to 2019-03-31-7,438USD90
2018-07-01 to 2019-03-31-33,400USD274

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 2020-03-31229,759USD
At 2019-06-30239,377USD

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
2020-01-01 to 2020-03-318,297USD91
2019-07-01 to 2020-03-31-26,304USD275
2019-01-01 to 2019-03-3113,346USD90
2018-07-01 to 2019-03-31140,757USD274

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 2020-03-31317,538USD
At 2019-06-30223,016USD

Interest expense

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

PeriodValueUnitDays
2020-01-01 to 2020-03-316,329USD91
2019-07-01 to 2020-03-3121,226USD275
2019-01-01 to 2019-03-314,411USD90
2018-07-01 to 2019-03-3118,191USD274

Current liabilities

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

PeriodValueUnitDays
At 2020-03-31323,542USD
At 2019-06-30241,255USD

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 2020-03-3187,181USD
At 2019-06-3052,811USD

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
2020-01-01 to 2020-03-3157,427USD91
2019-07-01 to 2020-03-31145,490USD275
2019-01-01 to 2019-03-3146,855USD90
2018-07-01 to 2019-03-31117,235USD274

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 2020-03-317,647USD

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
2020-01-01 to 2020-03-3165,724USD91
2019-07-01 to 2020-03-31171,794USD275
2019-01-01 to 2019-03-3160,201USD90
2018-07-01 to 2019-03-31257,992USD274

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2020-01-01 to 2020-03-3198,058USD91
2019-07-01 to 2020-03-31266,862USD275
2019-01-01 to 2019-03-31127,869USD90
2018-07-01 to 2019-03-31363,523USD274

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 2020-03-3118,100,000shares
At 2019-06-3017,870,000shares

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 2020-03-31383,900USD
At 2019-06-30101,130USD

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 2020-03-31102,218USD
At 2019-06-3052,664USD

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
2020-01-01 to 2020-03-3123,556USD91
2019-07-01 to 2020-03-3163,034USD275
2019-01-01 to 2019-03-3125,902USD90
2018-07-01 to 2019-03-3164,262USD274

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
2019-07-01 to 2020-03-3149,553USD275
2018-07-01 to 2019-03-3130,056USD274

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
2019-07-01 to 2020-03-3116,389USD275
2018-07-01 to 2019-03-3114,237USD274

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
2019-07-01 to 2020-03-31-34,370USD275
2018-07-01 to 2019-03-3142,445USD274

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
2019-07-01 to 2020-03-31-7,647USD275
2018-07-01 to 2019-03-31-1,757USD274

Inspect the source

Entity
FORZA INNOVATIONS, INC. / CIK 0001683131
Captured
SEC response SHA-256
83dad3e2d1d98278f83f494875d231f76bebc65d77c882135da88988192700df

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/0001683131.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"])))