NETBRANDS CORP.: 10-Q filed 2020-11-04
What NETBRANDS CORP. reported in its quarterly report filed 2020-11-04 (fiscal Q3 2020): 30 published measures, 90 facts as tagged in accession 0001493152-20-020437.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2020-11-04
- Fiscal period
- fiscal Q3 2020
- Accession
- 0001493152-20-020437 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 NETBRANDS CORP. 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 2020-09-30 | 428,960 | USD | |
| At 2019-12-31 | 371,531 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-09-30 | 469,941 | USD | |
| At 2019-12-31 | 466,779 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-09-30 | -40,981 | USD | |
| At 2020-06-30 | -146,480 | USD | |
| At 2020-03-31 | -76,630 | USD | |
| At 2019-12-31 | -95,248 | USD | |
| At 2019-09-30 | 16,473 | USD | |
| At 2019-06-30 | 2,307 | USD | |
| At 2019-03-31 | 22,563 | USD | |
| At 2018-12-31 | 55,566 | 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 | Days |
|---|---|---|---|
| At 2020-09-30 | 23,500 | USD | |
| At 2019-12-31 | 22,291 | 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 |
|---|---|---|---|
| 2020-07-01 to 2020-09-30 | 59,144 | USD | 92 |
| 2020-01-01 to 2020-09-30 | -26,132,488 | USD | 274 |
| 2020-04-01 to 2020-06-30 | -189,850 | USD | 91 |
| 2020-01-01 to 2020-03-31 | -26,001,782 | USD | 91 |
| 2019-07-01 to 2019-09-30 | 14,126 | USD | 92 |
| 2019-01-01 to 2019-09-30 | -39,263 | USD | 273 |
| 2019-04-01 to 2019-06-30 | -20,346 | USD | 91 |
| 2019-01-01 to 2019-03-31 | -33,043 | USD | 90 |
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 |
|---|---|---|---|
| 2020-01-01 to 2020-09-30 | -81,085 | USD | 274 |
| 2019-01-01 to 2019-09-30 | 7,467 | USD | 273 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2020-07-01 to 2020-09-30 | 667,237 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 1,260,539 | USD | 274 |
| 2019-07-01 to 2019-09-30 | 366,354 | USD | 92 |
| 2019-01-01 to 2019-09-30 | 1,040,644 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-09-30 | 82,294 | USD | 274 |
| 2019-01-01 to 2019-09-30 | -27,987 | 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 2020-09-30 | -26,307,206 | USD | |
| At 2019-12-31 | -174,718 | 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 2020-09-30 | 1,528 | USD | |
| At 2019-12-31 | 1,945 | USD |
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 |
|---|---|---|---|
| 2020-07-01 to 2020-09-30 | 37,718 | USD | 92 |
| 2020-01-01 to 2020-09-30 | -26,137,957 | USD | 274 |
| 2019-07-01 to 2019-09-30 | 20,981 | USD | 92 |
| 2019-01-01 to 2019-09-30 | -16,541 | 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 2020-09-30 | 407,520 | USD | |
| At 2019-12-31 | 337,509 | 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 |
|---|---|---|---|
| 2020-07-01 to 2020-09-30 | 7,215 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 23,173 | USD | 274 |
| 2019-07-01 to 2019-09-30 | 6,855 | USD | 92 |
| 2019-01-01 to 2019-09-30 | 22,722 | 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 2020-09-30 | 319,141 | USD | |
| At 2019-12-31 | 451,047 | USD |
Net current accounts receivable
Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-09-30 | 255,728 | USD | |
| At 2019-12-31 | 52,284 | 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 |
|---|---|---|---|
| 2020-07-01 to 2020-09-30 | 208,821 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 26,613,023 | USD | 274 |
| 2019-07-01 to 2019-09-30 | 123,016 | USD | 92 |
| 2019-01-01 to 2019-09-30 | 361,365 | 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 2020-09-30 | 114,137 | USD | |
| At 2019-12-31 | 224,375 | 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 |
|---|---|---|---|
| 2020-07-01 to 2020-09-30 | 246,539 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 475,066 | USD | 274 |
| 2019-07-01 to 2019-09-30 | 143,997 | USD | 92 |
| 2019-01-01 to 2019-09-30 | 344,824 | USD | 273 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2020-07-01 to 2020-09-30 | 420,698 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 785,473 | USD | 274 |
| 2019-07-01 to 2019-09-30 | 222,357 | USD | 92 |
| 2019-01-01 to 2019-09-30 | 695,820 | 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 2020-09-30 | 13,127,200 | shares | |
| At 2019-12-31 | 13,010,200 | 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 2020-09-30 | 26,264,807 | USD | |
| At 2019-12-31 | 78,169 | 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 2020-09-30 | 18,312 | USD | |
| At 2019-12-31 | 30,477 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-09-30 | 149,900 | USD | |
| At 2019-12-31 | 0 | 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 |
|---|---|---|---|
| 2020-07-01 to 2020-09-30 | 59,144 | USD | 92 |
| 2020-01-01 to 2020-09-30 | -26,132,488 | USD | 274 |
| 2019-07-01 to 2019-09-30 | 14,126 | USD | 92 |
| 2019-01-01 to 2019-09-30 | -39,263 | 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 |
|---|---|---|---|
| 2020-07-01 to 2020-09-30 | 91,839 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 180,379 | USD | 274 |
| 2019-07-01 to 2019-09-30 | 48,219 | USD | 92 |
| 2019-01-01 to 2019-09-30 | 136,103 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-09-30 | 417 | USD | 274 |
| 2019-01-01 to 2019-09-30 | 417 | 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 |
|---|---|---|---|
| 2020-07-01 to 2020-09-30 | 21,427 | USD | 92 |
| 2020-01-01 to 2020-09-30 | 5,469 | USD | 274 |
| 2019-07-01 to 2019-09-30 | -6,855 | USD | 92 |
| 2019-01-01 to 2019-09-30 | -22,722 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-09-30 | 23,173 | USD | 274 |
| 2019-01-01 to 2019-09-30 | 22,722 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-09-30 | 203,444 | USD | 274 |
| 2019-01-01 to 2019-09-30 | 127,153 | 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 |
|---|---|---|---|
| 2020-01-01 to 2020-09-30 | -110,238 | USD | 274 |
| 2019-01-01 to 2019-09-30 | -327,400 | USD | 273 |
Inspect the source
- Entity
- NETBRANDS CORP. / CIK 0001725911
- Captured
- 2026-09-21T17:27:34.035Z
- SEC response SHA-256
83f9ef438ffba5de81e206b22d1763dd83bc47d75d396d4c50988ca7b23bd6e4
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/0001725911.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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