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Reliance Global Group, Inc.: 10-Q filed 2023-08-10

What Reliance Global Group, Inc. reported in its quarterly report filed 2023-08-10 (fiscal Q2 2023): 40 published measures, 109 facts as tagged in accession 0001493152-23-027454.

This filing

Form
10-Q (quarterly report)
Filed
2023-08-10
Fiscal period
fiscal Q2 2023
Accession
0001493152-23-027454 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 Reliance Global Group, Inc. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2023-06-3034,876,451USD
At 2022-12-3138,427,729USD

Total liabilities

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

PeriodValueUnitDays
At 2023-06-3021,849,062USD
At 2022-12-3129,516,690USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-06-3013,027,389USD
At 2023-03-3112,235,614USD
At 2022-12-318,911,039USD
At 2022-06-3021,928,443USD
At 2022-03-3111,252,333USD
At 2021-12-31-26,066,129USD

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
2023-04-01 to 2023-06-30-1,055,287USD91
2023-01-01 to 2023-06-30-2,843,824USD181
2023-01-01 to 2023-03-31-1,788,538USD90
2022-04-01 to 2022-06-3010,495,691USD91
2022-01-01 to 2022-06-3019,835,692USD181
2022-01-01 to 2022-03-319,340,000USD90

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 2023-06-30-2,007,101USD181
2022-01-01 to 2022-06-30-1,311,411USD181

Capital expenditure payments

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

PeriodValueUnitDays
2023-01-01 to 2023-06-3013,010USD181
2022-01-01 to 2022-06-3011,959USD181

Revenue

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

PeriodValueUnitDays
2023-04-01 to 2023-06-303,195,905USD91
2023-01-01 to 2023-06-307,135,008USD181
2022-04-01 to 2022-06-302,847,149USD91
2022-01-01 to 2022-06-305,905,846USD181

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.

PeriodValueUnitDays
2023-04-01 to 2023-06-303,195,905USD91
2023-01-01 to 2023-06-307,135,008USD181
2022-04-01 to 2022-06-302,847,149USD91
2022-01-01 to 2022-06-305,905,846USD181

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 2023-06-302,042,460USD181
2022-01-01 to 2022-06-3025,714,021USD181

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 2023-06-30735,128USD181
2022-01-01 to 2022-06-30-24,625,929USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2023-06-30-29,835,808USD
At 2022-12-31-26,991,983USD

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
2023-04-01 to 2023-06-302,716,512shares91
2023-01-01 to 2023-06-302,138,444shares181
2022-04-01 to 2022-06-301,069,157shares91
2022-01-01 to 2022-06-301,025,108shares181

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
2023-04-01 to 2023-06-302,716,512shares91
2023-01-01 to 2023-06-302,138,444shares181
2022-04-01 to 2022-06-301,219,224shares91
2022-01-01 to 2022-06-301,068,236shares181

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
2023-04-01 to 2023-06-30-0.39USD/shares91
2023-01-01 to 2023-06-30-1.33USD/shares181
2022-04-01 to 2022-06-309.82USD/shares91
2022-01-01 to 2022-06-3012.59USD/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
2023-04-01 to 2023-06-30-0.39USD/shares91
2023-01-01 to 2023-06-30-1.33USD/shares181
2022-04-01 to 2022-06-308.61USD/shares91
2022-01-01 to 2022-06-30-12.84USD/shares181

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 2023-06-30149,084USD
At 2022-12-31162,767USD

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 2023-06-3079,164USD181
2022-01-01 to 2022-06-30919,043USD181

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
2023-04-01 to 2023-06-30-1,838,186USD91
2023-01-01 to 2023-06-30-2,843,111USD181
2022-04-01 to 2022-06-30-1,772,960USD91
2022-01-01 to 2022-06-30-4,124,012USD181

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 2023-06-307,132,267USD
At 2022-12-313,265,379USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-370,905USD91
2023-01-01 to 2023-06-30-722,462USD181
2022-04-01 to 2022-06-30-194,929USD91
2022-01-01 to 2022-06-30-305,095USD181

Current liabilities

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

PeriodValueUnitDays
At 2023-06-304,864,597USD
At 2022-12-317,841,533USD

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 2023-06-3014,287,099USD
At 2022-12-3114,287,099USD
At 2021-12-3110,050,277USD

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 2023-06-3012,308,697USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2023-06-30978,877USD
At 2022-12-31994,321USD

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
2023-04-01 to 2023-06-305,034,091USD91
2023-01-01 to 2023-06-309,978,119USD181
2022-04-01 to 2022-06-304,620,109USD91
2022-01-01 to 2022-06-3010,029,858USD181

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 2023-06-302,053,084shares
At 2023-03-31155,038shares
At 2022-12-311,219,573shares

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 2023-06-3042,686,651USD
At 2022-12-3135,798,139USD

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 2023-06-30976,020USD
At 2022-12-311,018,952USD

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 2023-06-301,006,718USD

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.

PeriodValueUnitDays
At 2023-06-3013,040,901USD
At 2022-12-3113,468,394USD

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 2023-06-3012,308,697USD
At 2022-12-3113,439,369USD

Other noncurrent assets

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

PeriodValueUnitDays
At 2023-06-3023,284USD
At 2022-12-3123,284USD

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 2023-06-30553,122USD
At 2022-12-31245,535USD

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
2023-01-01 to 2023-06-30-2,844,000,000USD181

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
2023-01-01 to 2023-06-30-997,776USD181
2022-01-01 to 2022-06-3013,116,854USD181

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
2023-04-01 to 2023-06-301,703,811USD91
2023-01-01 to 2023-06-303,062,066USD181
2022-04-01 to 2022-06-301,630,169USD91
2022-01-01 to 2022-06-303,963,964USD181

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 2023-06-301,309,227USD181
2022-01-01 to 2022-06-301,263,440USD181

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.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-2,031,546USD91
2023-01-01 to 2023-06-301,845,335USD181
2022-04-01 to 2022-06-3012,432,988USD91
2022-01-01 to 2022-06-3024,171,201USD181

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.

PeriodValueUnitDays
2023-01-01 to 2023-06-30-15,444USD181
2022-01-01 to 2022-06-30-142,825USD181

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 2023-06-30115,988USD181
2022-01-01 to 2022-06-30126,984USD181

Inspect the source

Entity
Reliance Global Group, Inc. / CIK 0001812727
Captured
2026-09-21T17:28:38.794Z
SEC response SHA-256
1e0e23c3b6ff3bb8f566fe8b433c4c08f6e601d6676575b8f1a970a7b40ee6a0

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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with urlopen("https://canlicapital.com/company-data/0001812727.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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