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SECURETECH INNOVATIONS, INC.: 10-Q filed 2023-08-14

What SECURETECH INNOVATIONS, INC. reported in its quarterly report filed 2023-08-14 (fiscal Q2 2023): 29 published measures, 76 facts as tagged in accession 0001017386-23-000303.

This filing

Form
10-Q (quarterly report)
Filed
2023-08-14
Fiscal period
fiscal Q2 2023
Accession
0001017386-23-000303 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 SECURETECH 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 2023-06-3032,069USD
At 2022-12-31201,011USD

Total liabilities

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

PeriodValueUnitDays
At 2023-06-3055,694USD
At 2022-12-3125,591USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-06-30-23,625USD
At 2022-12-31175,420USD
At 2021-12-31250,504USD

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 2023-06-3010,516USD
At 2022-12-31138,318USD

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 2023-06-30-105,086USD91
2023-01-01 to 2023-06-30-219,045USD181
2022-04-01 to 2022-06-30-101,999USD91
2022-01-01 to 2022-06-30-161,512USD181

Revenue

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

PeriodValueUnitDays
2023-04-01 to 2023-06-3017,550USD91
2023-01-01 to 2023-06-3037,600USD181
2022-04-01 to 2022-06-307,803USD91
2022-01-01 to 2022-06-3017,153USD181

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 2023-06-3020,000USD181
2022-01-01 to 2022-06-30113,501USD181

Investing cash flow

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

PeriodValueUnitDays
2022-01-01 to 2022-06-30-3,423USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-06-30-1,155,703USD
At 2022-12-31-936,658USD

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 2023-06-300USD/shares91
2023-01-01 to 2023-06-300USD/shares181
2022-04-01 to 2022-06-300USD/shares91
2022-01-01 to 2022-06-300USD/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 2023-06-303,978USD
At 2022-12-314,470USD

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 2023-06-30-105,614USD91
2023-01-01 to 2023-06-30-220,455USD181
2022-04-01 to 2022-06-30-103,214USD91
2022-01-01 to 2022-06-30-162,727USD181

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 2023-06-3028,091USD
At 2022-12-31196,541USD

Current liabilities

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

PeriodValueUnitDays
At 2023-06-3055,694USD
At 2022-12-3125,591USD

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 2023-06-3019,295USD
At 2022-12-311,565USD

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
2023-04-01 to 2023-06-30118,432USD91
2023-01-01 to 2023-06-30248,038USD181
2022-04-01 to 2022-06-30108,949USD91
2022-01-01 to 2022-06-30175,190USD181

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 2023-06-3016,401USD
At 2022-12-3127,549USD

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 2023-06-3012,818USD91
2023-01-01 to 2023-06-3027,583USD181
2022-04-01 to 2022-06-305,735USD91
2022-01-01 to 2022-06-3012,463USD181

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 2023-06-305,876USD91
2023-01-01 to 2023-06-306,761USD181
2022-04-01 to 2022-06-305,302USD91
2022-01-01 to 2022-06-308,952USD181

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 2023-06-3086,850,513shares
At 2022-12-31111,839,085shares

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 2023-06-3010,516USD
At 2022-12-31138,318USD
At 2022-06-30197,169USD
At 2021-12-31214,026USD

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 2023-06-301,045,225USD
At 2022-12-311,000,239USD

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 2023-06-3011,056USD
At 2022-12-3113,194USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2023-01-01 to 2023-06-30-219,045USD181
2022-01-01 to 2022-12-31-480,927USD365

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
2023-04-01 to 2023-06-30112,556USD91
2023-01-01 to 2023-06-30241,277USD181
2022-04-01 to 2022-06-30103,647USD91
2022-01-01 to 2022-06-30166,238USD181

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 2023-06-30492USD181
2022-01-01 to 2022-06-30114USD181

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 2023-06-3020,000USD181
2022-01-01 to 2022-06-30113,501USD181

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 2023-06-3011,148USD181
2022-01-01 to 2022-06-304,892USD181

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 2023-06-3017,730USD181
2022-01-01 to 2022-06-30108USD181

Inspect the source

Entity
SECURETECH INNOVATIONS, INC. / CIK 0001703157
Captured
2026-09-21T17:26:01.589Z
SEC response SHA-256
efbf00c6c61e0b09f14ccb768a5c6656d18f9d63d5f09686d6eb3886752addfb

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/0001703157.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"])))