Nikola Corporation: 10-Q filed 2019-11-07

Name: Nikola Corporation: 10-Q filed 2019-11-07
Creator: Nikola Corporation

What Nikola Corporation reported in its quarterly report filed 2019-11-07 (fiscal Q3 2019): 24 published measures, 63 facts as tagged in accession 0001104659-19-061086.

This filing

Form: 10-Q (quarterly report)
Filed: 2019-11-07
Fiscal period: fiscal Q3 2019
Accession: 0001104659-19-061086 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 Nikola Corporation 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 2019-09-30	238,493,548	USD
At 2018-12-31	236,545,521	USD

Total liabilities

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

Period	Value	Unit	Days
At 2019-09-30	442,560	USD
At 2018-12-31	952,108	USD

Stockholders equity

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

Period	Value	Unit
At 2019-09-30	5,000,001	USD
At 2019-06-30	5,000,001	USD
At 2019-03-31	5,000,001	USD
At 2018-12-31	5,000,001	USD
At 2018-09-30	5,000,001	USD
At 2018-06-30	5,000,001	USD
At 2018-03-31	24,538	USD
At 2018-01-22	0	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 2019-09-30	817,836	USD
At 2018-12-31	1,168,600	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
2019-07-01 to 2019-09-30	760,030	USD	92
2019-01-01 to 2019-09-30	2,457,576	USD	273
2019-04-01 to 2019-06-30	887,754	USD	91
2019-01-01 to 2019-03-31	809,791	USD	90
2018-07-01 to 2018-09-30	-215,652	USD	92
2018-01-23 to 2018-09-30	-227,544	USD	251
2018-04-01 to 2018-06-30	-11,430	USD	91
2018-01-23 to 2018-03-31	-462	USD	68

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
2019-01-01 to 2019-09-30	-2,025,860	USD	273
2018-01-23 to 2018-09-30	-143,532	USD	251

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
2019-01-01 to 2019-09-30	0	USD	273
2018-01-23 to 2018-09-30	233,680,378	USD	251

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
2019-01-01 to 2019-09-30	1,687,313	USD	273
2018-01-23 to 2018-09-30	-232,286,639	USD	251

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 2019-09-30	4,370,610	USD
At 2018-12-31	1,913,035	USD

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
2019-07-01 to 2019-09-30	268,429	USD	92
2019-01-01 to 2019-09-30	867,967	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
2019-07-01 to 2019-09-30	-243,113	USD	92
2019-01-01 to 2019-09-30	-695,220	USD	273
2018-07-01 to 2018-09-30	-215,676	USD	92
2018-01-23 to 2018-09-30	-238,951	USD	251

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 2019-09-30	856,899	USD
At 2018-12-31	1,231,100	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 2019-09-30	359,758	USD
At 2018-12-31	849,331	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2019-09-30	26,876	USD
At 2018-12-31	1,462	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 2019-09-30	7,079,402	shares
At 2018-12-31	6,808,970	shares

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.

Period	Value	Unit
At 2019-09-30	878,032	USD
At 2018-12-31	1,216,579	USD
At 2018-09-30	1,250,207	USD

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 2019-09-30	628,683	USD
At 2018-12-31	3,086,285	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 2019-09-30	202,233	USD
At 2018-12-31	275,000	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 2019-09-30	39,063	USD
At 2018-12-31	62,500	USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

Period	Value	Unit	Days
At 2019-09-30	82,802	USD
At 2018-12-31	102,777	USD

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.

Period	Value	Unit	Days
2019-01-01 to 2019-09-30	2,457,576	USD	273
2018-01-23 to 2018-09-30	-227,544	USD	251

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
2019-07-01 to 2019-09-30	243,113	USD	92
2019-01-01 to 2019-09-30	695,220	USD	273
2018-07-01 to 2018-09-30	215,676	USD	92
2018-01-23 to 2018-09-30	238,951	USD	251

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2019-01-01 to 2019-09-30	-19,975	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
2018-01-23 to 2018-09-30	233,680,378	USD	251

Inspect the source

Entity: Nikola Corporation / CIK 0001731289
Captured: 2026-09-21T17:27:55.161Z
SEC response SHA-256: 89ca2bd2ac9eb7c9a82212b6e639a672373990a0eafa0a897d9463cb47ed1df7

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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Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001731289.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"])))