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TransparentBusiness, Inc.: 10-Q filed 2024-08-19

What TransparentBusiness, Inc. reported in its quarterly report filed 2024-08-19 (fiscal Q2 2024): 46 published measures, 135 facts as tagged in accession 0001829126-24-005667.

This filing

Form
10-Q (quarterly report)
Filed
2024-08-19
Fiscal period
fiscal Q2 2024
Accession
0001829126-24-005667 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 2024-06-3030,613,265USD
At 2023-12-3132,031,405USD

Total liabilities

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

PeriodValueUnitDays
At 2024-06-30114,250,769USD
At 2023-12-3194,977,253USD

Stockholders equity

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

PeriodValueUnitDays
At 2024-06-30-81,162,055USD
At 2023-12-31-61,482,323USD

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 2024-06-304,095,673USD
At 2023-12-316,462,171USD

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
2024-04-01 to 2024-06-30-18,568,508USD91
2024-01-01 to 2024-03-31-3,818,470USD91
2023-04-01 to 2023-06-30-3,445,712USD91
2023-01-01 to 2023-03-31-2,521,877USD90

Operating cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-30-6,194,038USD182
2023-01-01 to 2023-06-30-4,560,063USD181

Revenue

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

PeriodValueUnitDays
2024-04-01 to 2024-06-305,606,046USD91
2024-01-01 to 2024-06-3010,584,592USD182
2023-04-01 to 2023-06-304,508,378USD91
2023-01-01 to 2023-06-308,784,460USD181

Financing cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-303,827,540USD182
2023-01-01 to 2023-06-309,661,083USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2024-06-30-153,693,745USD
At 2023-12-31-131,375,466USD

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
2024-04-01 to 2024-06-30733,501,778shares91
2024-01-01 to 2024-06-30733,022,325shares182
2023-04-01 to 2023-06-30733,485,437shares91
2023-01-01 to 2023-06-30733,469,733shares181

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
2024-04-01 to 2024-06-30733,501,778shares91
2024-01-01 to 2024-06-30733,022,325shares182
2023-04-01 to 2023-06-30733,485,437shares91
2023-01-01 to 2023-06-30733,469,733shares181

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
2024-04-01 to 2024-06-30-0.03USD/shares91
2024-01-01 to 2024-06-30-0.03USD/shares182
2023-04-01 to 2023-06-30-0.01USD/shares91
2023-01-01 to 2023-06-30-0.01USD/shares181

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
2024-04-01 to 2024-06-30-0.03USD/shares91
2024-01-01 to 2024-06-30-0.03USD/shares182
2023-04-01 to 2023-06-30-0.01USD/shares91
2023-01-01 to 2023-06-30-0.01USD/shares181

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
2024-04-01 to 2024-06-3086,451USD91
2024-01-01 to 2024-06-30175,036USD182
2023-04-01 to 2023-06-3037,826USD91
2023-01-01 to 2023-06-30107,842USD181

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 2024-06-3030,252USD
At 2023-12-3135,446USD

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
2024-01-01 to 2024-06-30126,761USD182
2023-01-01 to 2023-06-3075,162USD181

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
2024-04-01 to 2024-06-30-18,448,452USD91
2024-01-01 to 2024-06-30-22,125,723USD182
2023-04-01 to 2023-06-30-3,364,091USD91
2023-01-01 to 2023-06-30-5,742,341USD181

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 2024-06-3014,411,160USD
At 2023-12-3116,501,115USD

Current liabilities

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

PeriodValueUnitDays
At 2024-06-3012,593,033USD
At 2023-12-319,808,139USD

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 2024-06-301,140,852USD
At 2023-12-31819,198USD

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 2024-06-303,865,695USD
At 2023-12-313,865,695USD

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.

PeriodValueUnitDays
At 2024-06-302,509,872USD
At 2023-12-312,687,239USD

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
2024-04-01 to 2024-06-3019,583,381USD91
2024-01-01 to 2024-06-3024,184,318USD182
2023-04-01 to 2023-06-304,340,249USD91
2023-01-01 to 2023-06-307,560,102USD181

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
2024-04-01 to 2024-06-301,134,929USD91
2024-01-01 to 2024-06-302,058,595USD182
2023-04-01 to 2023-06-30976,158USD91
2023-01-01 to 2023-06-301,817,761USD181

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
2024-04-01 to 2024-06-304,471,117USD91
2024-01-01 to 2024-06-308,525,997USD182
2023-04-01 to 2023-06-303,532,220USD91
2023-01-01 to 2023-06-306,966,699USD181

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
2024-04-01 to 2024-06-302,935USD91
2024-01-01 to 2024-06-3010,048USD182
2023-04-01 to 2023-06-3056,242USD91
2023-01-01 to 2023-06-30114,607USD181

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 2024-06-30737,668,333shares
At 2023-12-31732,320,282shares

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 2024-06-304,095,673USD
At 2023-12-316,462,171USD
At 2023-06-306,623,089USD
At 2022-12-311,522,069USD

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 2024-06-3075,793,991USD
At 2023-12-3172,999,935USD

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 2024-06-30-83,637,504USD
At 2024-03-31-67,392,683USD
At 2023-12-31-62,945,848USD
At 2023-06-30-30,740,706USD
At 2023-03-31-27,337,466USD
At 2022-12-31-24,885,700USD

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 2024-06-30261,503USD
At 2023-12-31313,656USD

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 2024-06-30267,829USD
At 2023-12-31320,149USD

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 2024-06-302,526,906USD
At 2023-12-312,688,493USD

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 2024-06-305,157,232USD
At 2023-12-312,158,534USD

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 2024-06-301,619,366USD
At 2023-12-311,275,102USD

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 2024-06-30334,622USD
At 2023-12-31334,622USD

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
2024-04-01 to 2024-06-30-18,482,057USD91
2024-01-01 to 2024-06-30-22,211,942USD182
2023-04-01 to 2023-06-30-3,407,886USD91
2023-01-01 to 2023-06-30-5,859,747USD181

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
2024-04-01 to 2024-06-30-18,568,508USD91
2024-01-01 to 2024-06-30-22,386,978USD182
2023-04-01 to 2023-06-30-3,445,712USD91
2023-01-01 to 2023-06-30-5,967,589USD181

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
2024-04-01 to 2024-06-30-18,463,907USD91
2024-01-01 to 2024-06-30-22,318,280USD182
2023-04-01 to 2023-06-30-3,468,646USD91
2023-01-01 to 2023-06-30-6,052,535USD181

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
2024-04-01 to 2024-06-309,911,868USD91
2024-01-01 to 2024-06-3013,569,907USD182
2023-04-01 to 2023-06-303,916,250USD91
2023-01-01 to 2023-06-306,834,266USD181

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
2024-01-01 to 2024-06-30182,562USD182
2023-01-01 to 2023-06-30182,757USD181

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2024-04-01 to 2024-06-3089,000USD91
2024-01-01 to 2024-06-30177,000USD182
2023-04-01 to 2023-06-3089,000USD91
2023-01-01 to 2023-06-30178,000USD181

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
2024-04-01 to 2024-06-30-768USD91
2024-01-01 to 2024-06-30-6,520USD182
2023-04-01 to 2023-06-30391USD91

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
2024-04-01 to 2024-06-3086,000USD91
2024-01-01 to 2024-06-30175,000USD182
2023-04-01 to 2023-06-3038,000USD91
2023-01-01 to 2023-06-30108,000USD181

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
2024-01-01 to 2024-06-302,459,813USD182
2023-01-01 to 2023-06-3041,498USD181

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
2024-01-01 to 2024-06-30322,654USD182
2023-01-01 to 2023-06-30-703,027USD181

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"])))