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TransparentBusiness, Inc.: 10-Q filed 2023-11-14

What TransparentBusiness, Inc. reported in its quarterly report filed 2023-11-14 (fiscal Q3 2023): 46 published measures, 144 facts as tagged in accession 0001829126-23-007444.

This filing

Form
10-Q (quarterly report)
Filed
2023-11-14
Fiscal period
fiscal Q3 2023
Accession
0001829126-23-007444 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 TransparentBusiness, Inc. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2023-09-3031,058,566USD
At 2022-12-3125,035,662USD
At 2022-09-3025,778,080USD

Total liabilities

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

PeriodValueUnitDays
At 2023-09-3066,471,631USD
At 2022-12-3149,921,362USD
At 2022-09-3043,613,529USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-09-30-33,217,501USD
At 2022-12-31-22,355,900USD
At 2022-09-30-17,835,449USD

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 2023-09-307,566,518USD
At 2022-12-311,522,069USD

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
2023-07-01 to 2023-09-30-4,703,553USD92
2023-04-01 to 2023-06-30-3,445,712USD91
2023-01-01 to 2023-03-31-2,521,877USD90
2022-07-01 to 2022-09-30-5,530,676USD92
2022-04-01 to 2022-06-30-21,462,061USD91
2022-01-01 to 2022-03-31-375,451USD90

Operating cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-09-30-7,447,486USD273
2022-01-01 to 2022-09-30-22,233,942USD273

Capital expenditure payments

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

PeriodValueUnitDays
2022-01-01 to 2022-09-3048,759USD273

Revenue

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

PeriodValueUnitDays
2023-07-01 to 2023-09-305,631,915USD92
2023-01-01 to 2023-09-3014,416,375USD273
2022-07-01 to 2022-09-304,995,533USD92
2022-01-01 to 2022-09-3018,588,317USD273

Financing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-09-3013,462,382USD273
2022-01-01 to 2022-09-3021,590,929USD273

Investing cash flow

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

PeriodValueUnitDays
2023-01-01 to 2023-09-3029,553USD273
2022-01-01 to 2022-09-30649,770USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-09-30-103,575,826USD
At 2022-12-31-92,570,448USD

Basic weighted-average shares

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

PeriodValueUnitDays
2023-07-01 to 2023-09-30733,517,657shares92
2023-01-01 to 2023-09-30733,475,323shares273
2022-07-01 to 2022-09-30734,084,942shares92
2022-01-01 to 2022-09-30733,708,322shares273

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.

PeriodValueUnitDays
2023-07-01 to 2023-09-30733,517,657shares92
2023-01-01 to 2023-09-30733,475,323shares273
2022-07-01 to 2022-09-30734,084,942shares92
2022-01-01 to 2022-09-30733,708,322shares273

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.

PeriodValueUnitDays
2023-07-01 to 2023-09-30-0.01USD/shares92
2023-01-01 to 2023-09-30-0.02USD/shares273
2022-07-01 to 2022-09-30-0.01USD/shares92
2022-01-01 to 2022-09-30-0.04USD/shares273

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.

PeriodValueUnitDays
2023-07-01 to 2023-09-30-0.01USD/shares92
2023-01-01 to 2023-09-30-0.02USD/shares273
2022-07-01 to 2022-09-30-0.01USD/shares92
2022-01-01 to 2022-09-30-0.04USD/shares273

Income tax expense or benefit

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

PeriodValueUnitDays
2023-07-01 to 2023-09-3043,168USD92
2023-01-01 to 2023-09-30151,010USD273
2022-07-01 to 2022-09-3055,884USD92
2022-01-01 to 2022-09-30171,177USD273

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 2023-09-3038,044USD
At 2022-12-3146,032USD

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
2023-01-01 to 2023-09-30107,523USD273
2022-01-01 to 2022-09-30126,784USD273

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
2023-07-01 to 2023-09-30-5,271,007USD92
2023-01-01 to 2023-09-30-11,013,348USD273
2022-07-01 to 2022-09-30-5,429,929USD92
2022-01-01 to 2022-09-30-27,032,687USD273

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 2023-09-3015,520,844USD
At 2022-12-3117,434,332USD

Current liabilities

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

PeriodValueUnitDays
At 2023-09-309,905,421USD
At 2022-12-3111,118,433USD
At 2022-09-3010,750,399USD

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 2023-09-30906,180USD
At 2022-12-312,159,677USD

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 2023-09-303,865,695USD
At 2022-12-313,865,695USD

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
2023-07-01 to 2023-09-306,402,608USD92
2023-01-01 to 2023-09-3013,962,710USD273
2022-07-01 to 2022-09-306,048,622USD92
2022-01-01 to 2022-09-3028,574,795USD273

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
2023-07-01 to 2023-09-301,131,601USD92
2023-01-01 to 2023-09-302,949,362USD273
2022-07-01 to 2022-09-30618,693USD92
2022-01-01 to 2022-09-301,542,108USD273

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.

PeriodValueUnitDays
2023-07-01 to 2023-09-304,500,314USD92
2023-01-01 to 2023-09-3011,467,013USD273
2022-07-01 to 2022-09-304,376,840USD92
2022-01-01 to 2022-09-3017,046,209USD273

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2023-07-01 to 2023-09-30118,480USD92
2023-01-01 to 2023-09-30233,087USD273
2022-07-01 to 2022-09-30113,915USD92
2022-01-01 to 2022-09-30363,316USD273

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 2023-09-30733,537,366shares
At 2022-12-31733,427,768shares

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.

PeriodValueUnitDays
At 2023-09-307,566,518USD
At 2022-12-311,522,069USD
At 2022-09-301,879,286USD
At 2021-12-311,872,529USD

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 2023-09-3072,979,954USD
At 2022-12-3172,831,056USD

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 2023-09-30-35,413,065USD
At 2023-06-30-30,740,706USD
At 2023-03-31-27,337,466USD
At 2022-12-31-24,885,700USD
At 2022-09-30-17,835,449USD
At 2022-06-30-12,314,453USD
At 2022-03-318,967,157USD
At 2021-12-318,121,385USD

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 2023-09-30231,061USD
At 2022-12-31349,631USD
At 2022-09-30177,586USD
At 2022-01-01188,000USD

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 2023-09-30234,046USD
At 2022-12-31350,000USD
At 2022-01-01188,000USD

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 2023-09-302,775,922USD
At 2022-12-313,041,972USD

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 2023-09-302,036,798USD
At 2022-12-311,314,195USD

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.

PeriodValueUnitDays
At 2023-09-30869,572USD
At 2022-12-31511,790USD

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.

PeriodValueUnitDays
At 2023-09-301,141,453USD
At 2022-12-311,141,453USD

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
2023-07-01 to 2023-09-30-4,660,385USD92
2023-01-01 to 2023-09-30-10,520,132USD273
2022-07-01 to 2022-09-30-5,474,792USD92
2022-01-01 to 2022-09-30-27,197,011USD273

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
2023-07-01 to 2023-09-30-4,703,553USD92
2023-01-01 to 2023-09-30-10,671,142USD273
2022-07-01 to 2022-09-30-5,530,676USD92
2022-01-01 to 2022-09-30-27,368,188USD273

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2023-07-01 to 2023-09-30-4,952,843USD92
2023-01-01 to 2023-09-30-11,005,378USD273
2022-07-01 to 2022-09-30-5,271,845USD92
2022-01-01 to 2022-09-30-25,915,873USD273

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
2023-07-01 to 2023-09-304,053,193USD92
2023-01-01 to 2023-09-3010,887,459USD273
2022-07-01 to 2022-09-303,563,994USD92
2022-01-01 to 2022-09-3011,634,644USD273

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2023-01-01 to 2023-09-30274,038USD273
2022-01-01 to 2022-09-30271,206USD273

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2023-07-01 to 2023-09-30647,601USD92
2023-01-01 to 2023-09-30647,601USD273
2022-07-01 to 2022-09-30-2,591USD92
2022-01-01 to 2022-09-30-3,207USD273

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2023-07-01 to 2023-09-30-43,000USD92
2023-01-01 to 2023-09-30-151,000USD273
2022-07-01 to 2022-09-30-56,000USD92
2022-01-01 to 2022-09-30-171,000USD273

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.

PeriodValueUnitDays
2023-01-01 to 2023-09-3041,500USD273
2022-01-01 to 2022-09-301,470,889USD273

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
2023-01-01 to 2023-09-30-1,253,497USD273
2022-01-01 to 2022-09-30-204,079USD273

Inspect the source

Entity
TransparentBusiness, Inc. / CIK 0001740742
Captured
2026-09-21T17:28:30.600Z
SEC response SHA-256
055d1c08d540c961008bfa45802c9c350c581c72e72fa64f52b0336428f06c3e

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.

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

with urlopen("https://canlicapital.com/company-data/0001740742.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"])))