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VERONI BRANDS CORP.: 10-Q filed 2020-08-14

What VERONI BRANDS CORP. reported in its quarterly report filed 2020-08-14 (fiscal Q2 2020): 33 published measures, 88 facts as tagged in accession 0001493152-20-015629.

This filing

Form
10-Q (quarterly report)
Filed
2020-08-14
Fiscal period
fiscal Q2 2020
Accession
0001493152-20-015629 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 VERONI BRANDS CORP. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2020-06-302,203,606USD
At 2019-12-312,459,056USD

Total liabilities

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

PeriodValueUnitDays
At 2020-06-302,011,796USD
At 2019-12-312,448,747USD

Stockholders equity

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

PeriodValueUnitDays
At 2020-06-30191,810USD
At 2020-03-31182,274USD
At 2019-12-3110,309USD
At 2019-06-30391,952USD
At 2019-03-31277,941USD
At 2018-12-31106,152USD

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 2020-06-3017,345USD
At 2019-12-3199,010USD

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
2020-04-01 to 2020-06-309,536USD91
2020-01-01 to 2020-06-30136,501USD182
2020-01-01 to 2020-03-31126,965USD91
2019-04-01 to 2019-06-301,511USD91
2019-01-01 to 2019-06-30-1,448USD181
2019-01-01 to 2019-03-31-2,959USD90

Operating cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-06-30303,121USD182
2019-01-01 to 2019-06-30-1,790,286USD181

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
2020-04-01 to 2020-06-301,671,932USD91
2020-01-01 to 2020-06-302,812,617USD182
2019-04-01 to 2019-06-302,291,784USD91
2019-01-01 to 2019-06-303,331,140USD181

Financing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-06-30-384,786USD182
2019-01-01 to 2019-06-301,886,399USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2020-06-30-770,499USD
At 2019-12-31-907,000USD

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
2020-04-01 to 2020-06-3038,073USD91
2020-01-01 to 2020-06-30188,068USD182
2019-04-01 to 2019-06-30117,472USD91
2019-01-01 to 2019-06-30134,180USD181

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 2020-06-302,194,296USD
At 2019-12-312,449,746USD

Interest expense

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

PeriodValueUnitDays
2019-04-01 to 2019-06-3054,742USD91
2019-01-01 to 2019-06-3074,091USD181

Current liabilities

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

PeriodValueUnitDays
At 2020-06-302,009,842USD
At 2019-12-312,447,031USD

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 2020-06-30296,514USD
At 2019-12-31184,561USD

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 2020-06-30223,334USD
At 2019-12-31129,565USD

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
2020-04-01 to 2020-06-30253,698USD91
2020-01-01 to 2020-06-30509,922USD182
2019-04-01 to 2019-06-30417,294USD91
2019-01-01 to 2019-06-30551,319USD181

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 2020-06-30463,620USD
At 2019-12-31610,647USD

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
2020-04-01 to 2020-06-30291,771USD91
2020-01-01 to 2020-06-30697,990USD182
2019-04-01 to 2019-06-30534,766USD91
2019-01-01 to 2019-06-30685,499USD181

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
2020-04-01 to 2020-06-301,380,161USD91
2020-01-01 to 2020-06-302,114,627USD182
2019-04-01 to 2019-06-301,757,018USD91
2019-01-01 to 2019-06-302,645,641USD181

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 2020-06-3027,085,028shares
At 2019-12-3127,025,028shares

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 2020-06-30959,600USD
At 2019-12-31914,606USD

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 2020-06-30131,613USD

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 2020-06-3051,771USD
At 2019-12-31114,816USD

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 2020-06-3094,589USD
At 2019-12-3156,014USD

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 2020-06-30977,545USD
At 2019-12-311,414,639USD

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
2020-04-01 to 2020-06-309,536USD91
2020-01-01 to 2020-06-30136,501USD182
2019-04-01 to 2019-06-301,511USD91
2019-01-01 to 2019-06-30-1,448USD181

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
2020-04-01 to 2020-06-30204,248USD91
2020-01-01 to 2020-06-30374,331USD182
2019-04-01 to 2019-06-30122,317USD91
2019-01-01 to 2019-06-30170,146USD181

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
2020-04-01 to 2020-06-30-28,537USD91
2020-01-01 to 2020-06-30-51,567USD182
2019-04-01 to 2019-06-30-115,961USD91
2019-01-01 to 2019-06-30-135,628USD181

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
2019-01-01 to 2019-06-3020,583USD181

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
2020-01-01 to 2020-06-3045,000USD182
2019-01-01 to 2019-06-30152,250USD181

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
2020-01-01 to 2020-06-3093,769USD182
2019-01-01 to 2019-06-3010,219USD181

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
2020-01-01 to 2020-06-30-147,027USD182
2019-01-01 to 2019-06-30463,379USD181

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
2020-01-01 to 2020-06-30111,953USD182
2019-01-01 to 2019-06-30288,901USD181

Inspect the source

Entity
VERONI BRANDS CORP. / CIK 0001693690
Captured
SEC response SHA-256
cc2ce4a978139b07457932b1e72033291a47ee14035d5a82ca324f42bfe18fa5

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/0001693690.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"])))