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Molekule Group, Inc.: 10-Q filed 2023-08-14

What Molekule Group, Inc. reported in its quarterly report filed 2023-08-14 (fiscal Q2 2023): 48 published measures, 118 facts as tagged in accession 0001558370-23-014929.

This filing

Form
10-Q (quarterly report)
Filed
2023-08-14
Fiscal period
fiscal Q2 2023
Accession
0001558370-23-014929 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 Molekule 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 2023-06-30125,440,012USD
At 2022-12-3129,158,886USD

Total liabilities

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

PeriodValueUnitDays
At 2023-06-3084,734,956USD
At 2022-12-319,455,684USD

Stockholders equity

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

PeriodValueUnitDays
At 2023-06-3040,705,056USD
At 2023-03-3163,738,593USD
At 2022-06-3016,249,322USD
At 2022-03-3119,803,289USD
At 2021-12-3121,710,415USD

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 2023-06-305,269,376USD
At 2022-12-3122,062,657USD

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
2022-04-01 to 2022-06-30-5,172,277USD91
2022-01-01 to 2022-06-30-7,750,241USD181

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 2023-06-30-27,329,771USD181
2022-01-01 to 2022-06-30-4,312,706USD181

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 2023-06-301,196,104USD181
2022-01-01 to 2022-06-30154,065USD181

Revenue

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

PeriodValueUnitDays
2023-04-01 to 2023-06-3013,242,959USD91
2023-01-01 to 2023-06-3021,592,380USD181
2022-04-01 to 2022-06-3070,918USD91
2022-01-01 to 2022-06-3077,652USD181

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 2023-06-309,374,240USD181
2022-01-01 to 2022-06-3014,000,551USD181

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 2023-06-301,791,992USD181
2022-01-01 to 2022-06-30-154,065USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2022-12-31-7,916,791USD

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 2023-06-3033,017,565shares91
2023-01-01 to 2023-06-3031,185,329shares181
2022-04-01 to 2022-06-3013,894,119shares91
2022-01-01 to 2022-06-3013,885,923shares181

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
2022-04-01 to 2022-06-3013,894,119shares91
2022-01-01 to 2022-06-3013,885,923shares181

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 2023-06-30-0.76USD/shares91
2023-01-01 to 2023-06-30-1.12USD/shares181
2022-04-01 to 2022-06-30-0.37USD/shares91
2022-01-01 to 2022-06-30-0.56USD/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 2023-06-30-0.76USD/shares91
2023-01-01 to 2023-06-30-1.12USD/shares181
2022-04-01 to 2022-06-30-0.37USD/shares91
2022-01-01 to 2022-06-30-0.56USD/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 2023-06-308,626,031USD
At 2022-12-312,119,134USD

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 2023-06-30-11,701,131USD91
2023-01-01 to 2023-06-30-21,935,361USD181
2022-04-01 to 2022-06-30-4,649,335USD91
2022-01-01 to 2022-06-30-7,320,073USD181

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 2023-06-3039,344,231USD
At 2022-12-3124,784,953USD

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 2023-06-301,443,009USD91
2023-01-01 to 2023-06-302,691,686USD181

Current liabilities

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

PeriodValueUnitDays
At 2023-06-3017,296,455USD
At 2022-12-314,562,253USD

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 2023-06-306,568,044USD
At 2022-12-313,220,082USD

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 2023-06-3021,031,064USD
At 2022-12-31626,647USD

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 2023-06-3045,301,689USD

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 2023-06-302,210,700USD
At 2022-12-3136,188USD

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 2023-06-3016,180,202USD91
2023-01-01 to 2023-06-3030,089,594USD181
2022-04-01 to 2022-06-304,684,127USD91
2022-01-01 to 2022-06-307,357,834USD181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2023-06-3029,432,880USD
At 2022-12-312,020,713USD

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
2023-04-01 to 2023-06-304,479,071USD91
2023-01-01 to 2023-06-308,154,233USD181
2022-04-01 to 2022-06-3034,792USD91
2022-01-01 to 2022-06-3037,761USD181

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2023-04-01 to 2023-06-3015,005,356USD91
2023-01-01 to 2023-06-3028,666,969USD181
2022-04-01 to 2022-06-304,105,066USD91
2022-01-01 to 2022-06-306,247,290USD181

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
2023-04-01 to 2023-06-301,174,846USD91
2023-01-01 to 2023-06-301,422,625USD181
2022-04-01 to 2022-06-30579,061USD91
2022-01-01 to 2022-06-301,110,544USD181

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 2023-06-3034,046,500shares
At 2022-12-3115,408,828shares

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 2023-06-305,899,118USD
At 2022-12-3122,062,657USD
At 2022-06-3029,163,429USD
At 2021-12-3119,629,649USD

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 2023-06-3083,184,034USD
At 2022-12-3127,465,024USD

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 2023-06-3010,952,143USD
At 2022-12-311,606,485USD

Gross property, plant and equipment

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

PeriodValueUnitDays
At 2023-06-309,499,734USD
At 2022-12-312,359,704USD

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.

PeriodValueUnitDays
At 2023-06-30873,703USD
At 2022-12-31240,570USD

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 2023-06-30184,854USD
At 2022-12-3121,667USD

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 2023-06-305,868,740USD
At 2022-12-311,228,402USD

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 2023-06-301,801,533USD
At 2022-12-31665,395USD

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 2023-06-301,504,526USD

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
2023-04-01 to 2023-06-30-25,062,398USD91
2023-01-01 to 2023-06-30-34,995,804USD181
2022-04-01 to 2022-06-30-5,299,335USD91
2022-01-01 to 2022-06-30-7,970,073USD181

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.

PeriodValueUnitDays
2023-01-01 to 2023-06-301,082,488USD181
2022-01-01 to 2022-06-3072,047USD181

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 2023-06-30633,133USD181
2022-04-01 to 2023-06-3036,219USD456
2022-01-01 to 2022-06-3072,047USD181

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
2023-01-01 to 2023-06-3093,156USD181
2022-01-01 to 2022-06-30219,832USD181

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.

PeriodValueUnitDays
2023-01-01 to 2023-06-3093,156USD181
2022-01-01 to 2022-06-30219,832USD181

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.

PeriodValueUnitDays
2023-01-01 to 2023-06-302,267,306USD181

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 2023-06-301,798,424USD181
2022-01-01 to 2022-06-30-149,009USD181

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2023-01-01 to 2023-06-30-3,669,072USD181
2022-01-01 to 2022-06-30358,755USD181

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 2023-06-30-8,746,224USD181
2022-01-01 to 2022-06-30-239,431USD181

Inspect the source

Entity
Molekule Group, Inc. / CIK 0001872356
Captured
SEC response SHA-256
7ffbd1eead4d9da8e72a007531e5a7c74dfb2735befb54b2aab32d4b95ec7ca5

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/0001872356.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"])))