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SIMPLICITY ESPORTS AND GAMING COMPANY: 10-Q filed 2022-01-14

What SIMPLICITY ESPORTS AND GAMING COMPANY reported in its quarterly report filed 2022-01-14 (fiscal Q2 2022): 44 published measures, 112 facts as tagged in accession 0001493152-22-001289.

This filing

Form
10-Q (quarterly report)
Filed
2022-01-14
Fiscal period
fiscal Q2 2022
Accession
0001493152-22-001289 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 SIMPLICITY ESPORTS AND GAMING COMPANY filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2021-11-3010,793,738USD
At 2021-05-3110,207,412USD

Total liabilities

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

PeriodValueUnitDays
At 2021-11-304,849,154USD
At 2021-05-315,617,368USD

Stockholders equity

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

PeriodValueUnitDays
At 2021-11-305,862,811USD
At 2021-05-314,417,005USD

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 2021-11-30832,423USD
At 2021-05-31414,257USD

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
2021-09-01 to 2021-11-30-2,129,297USD91
2021-06-01 to 2021-11-30-6,340,204USD183
2021-06-01 to 2021-08-31-4,210,907USD92
2020-09-01 to 2020-11-30-1,005,160USD91
2020-06-01 to 2020-11-30-1,660,374USD183
2020-06-01 to 2020-08-31-655,214USD92

Operating cash flow

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

PeriodValueUnitDays
2021-06-01 to 2021-11-30-2,105,623USD183
2020-06-01 to 2020-11-30-342,099USD183

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2021-06-01 to 2021-11-3013,302USD183
2020-06-01 to 2020-11-301,949USD183

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
2021-09-01 to 2021-11-30843,815USD91
2021-06-01 to 2021-11-301,748,655USD183
2020-09-01 to 2020-11-30296,546USD91
2020-06-01 to 2020-11-30497,147USD183

Financing cash flow

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

PeriodValueUnitDays
2021-06-01 to 2021-11-302,537,091USD183
2020-06-01 to 2020-11-30752,279USD183

Investing cash flow

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

PeriodValueUnitDays
2021-06-01 to 2021-11-30-13,302USD183
2020-06-01 to 2020-11-30-1,949USD183

Retained earnings or deficit

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

PeriodValueUnitDays
At 2021-11-30-18,632,103USD
At 2021-05-31-12,291,899USD

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 2021-11-30518,103USD
At 2021-05-31574,308USD

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
2021-06-01 to 2021-11-301,218,814USD183

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
2021-09-01 to 2021-11-30-1,049,315USD91
2021-06-01 to 2021-11-30-2,947,771USD183
2020-09-01 to 2020-11-30-784,288USD91
2020-06-01 to 2020-11-30-1,269,560USD183

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 2021-11-301,458,698USD
At 2021-05-31833,975USD

Interest expense

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

PeriodValueUnitDays
2021-09-01 to 2021-11-301,145,794USD91
2021-06-01 to 2021-11-301,805,490USD183
2020-09-01 to 2020-11-30244,660USD91
2020-06-01 to 2020-11-30398,788USD183

Current liabilities

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

PeriodValueUnitDays
At 2021-11-302,532,363USD
At 2021-05-314,235,278USD

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 2021-11-30167,380USD
At 2021-05-31438,466USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2021-11-305,180,141USD
At 2021-05-315,180,141USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2021-11-30613,131USD

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 2021-11-30104,502USD
At 2021-05-31160,101USD

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
2021-09-01 to 2021-11-301,407,736USD91
2021-06-01 to 2021-11-303,603,910USD183
2020-09-01 to 2020-11-30967,063USD91
2020-06-01 to 2020-11-301,585,291USD183

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 2021-11-30364,610USD
At 2021-05-31206,974USD

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
2021-09-01 to 2021-11-30358,421USD91
2021-06-01 to 2021-11-30656,139USD183
2020-09-01 to 2020-11-30182,775USD91
2020-06-01 to 2020-11-30315,731USD183

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 2021-11-301,616,022shares
At 2021-05-311,427,124shares

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 2021-11-3024,444,130USD
At 2021-05-3116,708,762USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2021-11-305,944,584USD
At 2021-08-315,699,851USD
At 2021-05-314,590,044USD
At 2020-11-305,467,217USD
At 2020-08-315,764,896USD
At 2020-05-314,915,672USD

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 2021-11-301,606,884USD
At 2021-05-311,533,010USD

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 2021-11-301,590,380USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2021-11-302,006,114USD
At 2021-05-312,211,097USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2021-11-30976,069USD
At 2021-05-31866,590USD

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 2021-11-30458,936USD
At 2021-05-31292,282USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2021-11-301,479,131USD
At 2021-05-311,635,227USD
At 2020-11-301,479,131USD
At 2020-05-311,635,227USD

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 2021-11-30839,361USD
At 2021-05-311,166,433USD

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
2021-09-01 to 2021-11-30-2,165,726USD91
2021-06-01 to 2021-11-30-6,431,470USD183
2020-09-01 to 2020-11-30-1,013,693USD91
2020-06-01 to 2020-11-30-1,684,793USD183

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
2021-09-01 to 2021-11-30-2,165,726USD91
2021-06-01 to 2021-11-30-6,431,470USD183
2020-09-01 to 2020-11-30-1,013,693USD91
2020-06-01 to 2020-11-30-1,684,793USD183

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
2021-09-01 to 2021-11-30432,127USD91
2021-06-01 to 2021-11-30875,822USD183
2020-09-01 to 2020-11-30212,631USD91
2020-06-01 to 2020-11-30454,400USD183

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
2021-06-01 to 2021-11-30165,653USD183
2020-06-01 to 2020-11-3073,249USD183

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2021-06-01 to 2021-11-30148,416USD183
2020-06-01 to 2020-11-30133,229USD183

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
2021-09-01 to 2021-11-30-1,116,411USD91
2021-06-01 to 2021-11-30-3,483,699USD183
2020-09-01 to 2020-11-30-229,405USD91
2020-06-01 to 2020-11-30-415,233USD183

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
2021-06-01 to 2021-11-30180,950USD183

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
2021-06-01 to 2021-11-30-55,599USD183
2020-06-01 to 2020-11-303,668USD183

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
2021-06-01 to 2021-11-30157,636USD183
2020-06-01 to 2020-11-3020,676USD183

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
2021-06-01 to 2021-11-30-271,086USD183
2020-06-01 to 2020-11-30110,595USD183

Inspect the source

Entity
SIMPLICITY ESPORTS AND GAMING COMPANY / CIK 0001708410
Captured
SEC response SHA-256
9d5d284adfcbf0f504c5f584cf3954e69969d9428c3111822c2a91dd5bf57d8b

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

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001708410.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"])))