Piedmont Lithium Inc.: 10-K filed 2021-09-24

Name: Piedmont Lithium Inc.: 10-K filed 2021-09-24
Creator: Piedmont Lithium Inc.

What Piedmont Lithium Inc. reported in its annual report filed 2021-09-24 (fiscal FY 2021): 38 published measures, 78 facts as tagged in accession 0001140361-21-032488.

This filing

Form: 10-K (annual report)
Filed: 2021-09-24
Fiscal period: fiscal FY 2021
Accession: 0001140361-21-032488 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 Piedmont Lithium 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 2021-06-30	187,851,629	USD
At 2020-06-30	27,652,958	USD

Total liabilities

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

Period	Value	Unit	Days
At 2021-06-30	7,440,918	USD
At 2020-06-30	3,849,662	USD

Stockholders equity

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

Period	Value	Unit
At 2021-06-30	180,410,711	USD
At 2020-06-30	23,803,296	USD
At 2019-06-30	4,598,715	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 2021-06-30	142,651,648	USD
At 2020-06-30	18,857,088	USD
At 2019-06-30	4,432,150	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 2021-06-30	-19,993,848	USD	365
2019-07-01 to 2020-06-30	-5,879,152	USD	366

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
2020-07-01 to 2021-06-30	-16,257,254	USD	365
2019-07-01 to 2020-06-30	-6,332,301	USD	366

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
2020-07-01 to 2021-06-30	20,035	USD	365
2019-07-01 to 2020-06-30	704,471	USD	366

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
2020-07-01 to 2021-06-30	174,617,607	USD	365
2019-07-01 to 2020-06-30	24,718,553	USD	366

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
2020-07-01 to 2021-06-30	-34,565,793	USD	365
2019-07-01 to 2020-06-30	-3,452,254	USD	366

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 2021-06-30	-71,334,645	USD
At 2020-06-30	-51,589,139	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2020-07-01 to 2021-06-30	13,551,150	shares	365
2019-07-01 to 2020-06-30	8,283,567	shares	366

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2020-07-01 to 2021-06-30	13,551,150	shares	365
2019-07-01 to 2020-06-30	8,283,567	shares	366

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.

Period	Value	Unit	Days
2020-07-01 to 2021-06-30	-1.48	USD/shares	365
2019-07-01 to 2020-06-30	-0.71	USD/shares	366

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2020-07-01 to 2021-06-30	-1.48	USD/shares	365
2019-07-01 to 2020-06-30	-0.71	USD/shares	366

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2020-07-01 to 2021-06-30	0	USD	365
2019-07-01 to 2020-06-30	0	USD	366

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 2021-06-30	725,863	USD
At 2020-06-30	717,417	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
2020-07-01 to 2021-06-30	1,319,372	USD	365
2019-07-01 to 2020-06-30	470,939	USD	366

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 2021-06-30	-19,735,956	USD	365
2019-07-01 to 2020-06-30	-6,565,945	USD	366

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 2021-06-30	143,902,970	USD
At 2020-06-30	18,916,068	USD

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 2021-06-30	6,214,514	USD
At 2020-06-30	1,946,051	USD

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 2021-06-30	15,764,533	shares
At 2020-06-30	10,356,762	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 2021-06-30	252,571,659	USD
At 2020-06-30	76,187,975	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2021-06-30	-827,853	USD
At 2020-06-30	-796,565	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 2021-06-30	139,797	USD
At 2020-06-30	268,610	USD

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.

Period	Value	Unit	Days
At 2021-06-30	140,435	USD
At 2020-06-30	269,610	USD

Gross property, plant and equipment

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

Period	Value	Unit	Days
At 2021-06-30	760,932	USD
At 2020-06-30	740,897	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 2021-06-30	35,069	USD
At 2020-06-30	23,480	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 2021-06-30	222,698	USD
At 2020-06-30	29,906	USD

Other noncurrent liabilities

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

Period	Value	Unit	Days
At 2021-06-30	0	USD
At 2020-06-30	29,906	USD

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.

Period	Value	Unit	Days
At 2021-06-30	2,397,197	USD
At 2020-06-30	441,264	USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

Period	Value	Unit	Days
At 2021-06-30	45,102	USD
At 2020-06-30	78,938	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 2021-06-30	-19,929,222	USD	365
2019-07-01 to 2020-06-30	-5,879,152	USD	366

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2020-07-01 to 2021-06-30	-20,025,136	USD	365
2019-07-01 to 2020-06-30	-6,378,551	USD	366

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 2021-06-30	8,861,454	USD	365
2019-07-01 to 2020-06-30	3,440,161	USD	366

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
2020-07-01 to 2021-06-30	11,589	USD	365
2019-07-01 to 2020-06-30	13,249	USD	366

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
2020-07-01 to 2021-06-30	289,125	USD	365
2019-07-01 to 2020-06-30	157,271	USD	366

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
2020-07-01 to 2021-06-30	174,964,132	USD	365
2019-07-01 to 2020-06-30	25,108,987	USD	366

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

Period	Value	Unit	Days
2020-07-01 to 2021-06-30	165,817	USD	365
2019-07-01 to 2020-06-30	152,251	USD	366

Inspect the source

Entity: Piedmont Lithium Inc. / CIK 0001728205
Captured: 2026-09-21T17:25:21.079Z
SEC response SHA-256: 12620752104d053587dbd335836568fc8191809d9e4923eb0b45e407bc5201be

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.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001728205.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"])))