AXIL BRANDS, INC.: 10-Q filed 2020-04-07

Name: AXIL BRANDS, INC.: 10-Q filed 2020-04-07
Creator: AXIL BRANDS, INC.

What AXIL BRANDS, INC. reported in its quarterly report filed 2020-04-07 (fiscal Q3 2019): 36 published measures, 94 facts as tagged in accession 0001520138-20-000142.

This filing

Form: 10-Q (quarterly report)
Filed: 2020-04-07
Fiscal period: fiscal Q3 2019
Accession: 0001520138-20-000142 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 AXIL BRANDS, INC. filings.

Reported measures

Total assets

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

Period	Value	Unit	Days
At 2020-02-29	817,802	USD
At 2019-05-31	741,464	USD

Total liabilities

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

Period	Value	Unit	Days
At 2020-02-29	313,014	USD
At 2019-05-31	64,094	USD

Stockholders equity

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

Period	Value	Unit	Days
At 2020-02-29	504,788	USD
At 2019-05-31	677,370	USD

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.

Period	Value	Unit
At 2020-02-29	142,690	USD
At 2019-05-31	346,179	USD
At 2019-02-28	400,494	USD
At 2018-05-31	227,870	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	-41,599	USD	91
2019-06-01 to 2020-02-29	-172,582	USD	274
2018-12-01 to 2019-02-28	-3,568	USD	90
2018-06-01 to 2019-02-28	-154,911	USD	273

Operating cash flow

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

Period	Value	Unit	Days
2019-06-01 to 2020-02-29	-191,974	USD	274
2018-06-01 to 2019-02-28	-120,214	USD	273

Capital expenditure payments

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

Period	Value	Unit	Days
2019-06-01 to 2020-02-29	9,230	USD	274
2018-06-01 to 2019-02-28	13,887	USD	273

Revenue

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

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	157,880	USD	91
2019-06-01 to 2020-02-29	612,114	USD	274
2018-12-01 to 2019-02-28	281,062	USD	90
2018-06-01 to 2019-02-28	662,401	USD	273

Financing cash flow

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

Period	Value	Unit	Days
2019-06-01 to 2020-02-29	-2,285	USD	274
2018-06-01 to 2019-02-28	306,725	USD	273

Investing cash flow

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

Period	Value	Unit	Days
2019-06-01 to 2020-02-29	-9,230	USD	274
2018-06-01 to 2019-02-28	-13,887	USD	273

Retained earnings or deficit

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

Period	Value	Unit	Days
At 2020-02-29	-4,810,724	USD
At 2019-05-31	-4,638,142	USD

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.

Period	Value	Unit	Days
At 2020-02-29	34,035	USD
At 2019-05-31	32,803	USD

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.

Period	Value	Unit	Days
2018-06-01 to 2019-02-28	5,000	USD	273

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.

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	-41,111	USD	91
2019-06-01 to 2020-02-29	-171,528	USD	274
2018-12-01 to 2019-02-28	-3,511	USD	90
2018-06-01 to 2019-02-28	-154,628	USD	273

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.

Period	Value	Unit	Days
At 2020-02-29	548,384	USD
At 2019-05-31	693,338	USD

Interest expense

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

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	513	USD	91
2019-06-01 to 2020-02-29	1,149	USD	274
2018-12-01 to 2019-02-28	106	USD	90
2018-06-01 to 2019-02-28	378	USD	273

Current liabilities

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

Period	Value	Unit	Days
At 2020-02-29	152,368	USD
At 2019-05-31	52,184	USD

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.

Period	Value	Unit	Days
At 2019-05-31	474	USD

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.

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	153,255	USD	91
2019-06-01 to 2020-02-29	523,039	USD	274
2018-12-01 to 2019-02-28	125,727	USD	90
2018-06-01 to 2019-02-28	434,791	USD	273

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2020-02-29	344,477	USD
At 2019-05-31	264,578	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	112,144	USD	91
2019-06-01 to 2020-02-29	351,511	USD	274
2018-12-01 to 2019-02-28	122,216	USD	90
2018-06-01 to 2019-02-28	280,163	USD	273

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.

Period	Value	Unit	Days
At 2020-02-29	41,285,881	shares
At 2019-05-31	41,285,881	shares

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.

Period	Value	Unit	Days
At 2020-02-29	5,311,383	USD
At 2019-05-31	5,311,383	USD

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.

Period	Value	Unit
At 2020-02-29	504,788	USD
At 2019-11-30	546,387	USD
At 2019-05-31	677,370	USD
At 2019-02-28	667,434	USD
At 2018-11-30	671,002	USD
At 2018-05-31	513,345	USD

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.

Period	Value	Unit	Days
At 2020-02-29	219,105	USD

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.

Period	Value	Unit	Days
At 2020-02-29	18,836	USD
At 2019-05-31	10,838	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2020-02-29	269,418	USD
At 2019-05-31	48,126	USD

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.

Period	Value	Unit	Days
At 2020-02-29	1,290	USD
At 2019-05-31	2,993	USD

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.

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	-41,599	USD	91
2019-06-01 to 2020-02-29	-172,582	USD	274
2018-12-01 to 2019-02-28	-3,568	USD	90
2018-06-01 to 2019-02-28	-154,911	USD	273

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.

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	64,703	USD	91
2019-06-01 to 2020-02-29	201,699	USD	274
2018-12-01 to 2019-02-28	58,212	USD	90
2018-06-01 to 2019-02-28	190,538	USD	273

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.

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	2,459	USD	91
2019-06-01 to 2020-02-29	7,998	USD	274
2018-12-01 to 2019-02-28	1,582	USD	90
2018-06-01 to 2019-02-28	3,625	USD	273

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.

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	-488	USD	91
2019-06-01 to 2020-02-29	-1,054	USD	274
2018-12-01 to 2019-02-28	-57	USD	90
2018-06-01 to 2019-02-28	-283	USD	273

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.

Period	Value	Unit	Days
2019-06-01 to 2020-02-29	1,149	USD	274
2018-06-01 to 2019-02-28	378	USD	273

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.

Period	Value	Unit	Days
2018-06-01 to 2019-02-28	304,000	USD	273

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.

Period	Value	Unit	Days
2019-06-01 to 2020-02-29	-22,004	USD	274
2018-06-01 to 2019-02-28	11,316	USD	273

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.

Period	Value	Unit	Days
2019-06-01 to 2020-02-29	79,899	USD	274
2018-06-01 to 2019-02-28	106,224	USD	273

Inspect the source

Entity: AXIL BRANDS, INC. / CIK 0001718500
Captured: 2026-09-21T17:27:05.751Z
SEC response SHA-256: 7523ad424c8b1b207791c0c70a1fc5f4acbc9abe884cfcce0d5656416dae62ed

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001718500.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"])))