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iCoreConnect Inc.: 10-Q filed 2024-08-16

What iCoreConnect Inc. reported in its quarterly report filed 2024-08-16 (fiscal Q2 2024): 35 published measures, 92 facts as tagged in accession 0001477932-24-005038.

This filing

Form
10-Q (quarterly report)
Filed
2024-08-16
Fiscal period
fiscal Q2 2024
Accession
0001477932-24-005038 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 iCoreConnect Inc. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2024-06-3017,432,081USD
At 2023-12-3115,686,504USD

Total liabilities

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

PeriodValueUnitDays
At 2024-06-3017,021,432USD
At 2023-12-3111,242,336USD

Stockholders equity

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

PeriodValueUnitDays
At 2024-06-30410,649USD
At 2024-03-316,177,880USD
At 2023-12-314,444,168USD

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 2024-06-30-10,895,414USD91
2024-01-01 to 2024-06-30-15,618,383USD182
2023-04-01 to 2023-06-30-2,707,595USD91
2023-01-01 to 2023-06-30-4,396,629USD181

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 2024-06-30-1,008,485USD182
2023-01-01 to 2023-06-30-1,919,630USD181

Capital expenditure payments

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

PeriodValueUnitDays
2024-01-01 to 2024-06-300USD182
2023-01-01 to 2023-06-30178,150USD181

Revenue

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

PeriodValueUnitDays
2024-04-01 to 2024-06-303,087,900USD91
2024-01-01 to 2024-06-305,811,263USD182
2023-04-01 to 2023-06-301,856,148USD91
2023-01-01 to 2023-06-303,696,519USD181

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 2024-06-301,372,158USD182
2023-01-01 to 2023-06-302,302,120USD181

Investing cash flow

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

PeriodValueUnitDays
2024-01-01 to 2024-06-30-1,335,837USD182
2023-01-01 to 2023-06-30-509,908USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2024-06-30-131,553,141USD
At 2023-12-31-115,038,758USD

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 2024-06-30183,637USD
At 2023-12-31202,421USD

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 2024-06-305,785,528USD182
2023-01-01 to 2023-06-301,024,144USD181

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 2024-06-30-7,487,807USD91
2024-01-01 to 2024-06-30-10,529,992USD182
2023-04-01 to 2023-06-30-2,108,588USD91
2023-01-01 to 2023-06-30-3,459,646USD181

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 2024-06-301,443,225USD
At 2023-12-313,508,325USD

Interest expense

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

PeriodValueUnitDays
2024-04-01 to 2024-06-30501,646USD91
2024-01-01 to 2024-06-30728,111USD182
2023-09-02 to 2023-09-3038,609USD29
2023-04-01 to 2023-06-30270,770USD91
2023-01-01 to 2023-06-30528,683USD181

Current liabilities

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

PeriodValueUnitDays
At 2024-06-3012,940,037USD
At 2023-12-318,876,310USD

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 2024-06-301,484,966USD
At 2023-12-311,484,966USD

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 2024-06-30703,751USD
At 2023-12-31563,905USD

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 2024-06-309,969,090USD91
2024-01-01 to 2024-06-3015,221,541USD182
2023-04-01 to 2023-06-303,480,703USD91
2023-01-01 to 2023-06-306,180,683USD181

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 2024-06-302,481,283USD91
2024-01-01 to 2024-06-304,691,549USD182
2023-04-01 to 2023-06-301,372,115USD91
2023-01-01 to 2023-06-302,721,037USD181

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 2024-06-3010,404,336shares
At 2023-12-3110,068,477shares

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 2024-06-30247,194USD
At 2023-12-311,219,358USD
At 2023-06-3068,735USD
At 2022-12-31196,153USD

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 2024-06-30131,962,312USD
At 2023-12-31119,481,543USD

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 2024-06-30996,285USD
At 2023-12-311,122,412USD

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 2024-06-302,942,584USD
At 2023-12-311,420,137USD

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 2024-06-30492,280USD
At 2023-12-311,725,062USD

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 2024-06-30-11,343,413USD91
2024-01-01 to 2024-03-31-5,170,970USD91

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 2024-06-30-11,343,413USD91
2024-01-01 to 2024-06-30-16,514,382USD182
2023-04-01 to 2023-06-30-2,707,595USD91
2023-01-01 to 2023-06-30-4,396,629USD181

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 2024-06-309,187,200USD91
2024-01-01 to 2024-06-3013,707,098USD182
2023-04-01 to 2023-06-303,189,103USD91
2023-01-01 to 2023-06-305,600,174USD181

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
2024-01-01 to 2024-06-3018,784USD182
2023-01-01 to 2023-06-3010,577USD181

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
2024-01-01 to 2024-06-301,495,659USD182
2023-01-01 to 2023-06-30569,932USD181

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 2024-06-30-3,407,607USD91
2024-01-01 to 2024-06-30-5,088,391USD182
2023-04-01 to 2023-06-30-599,007USD91
2023-01-01 to 2023-06-30-936,983USD181

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
2024-01-01 to 2024-06-30132,566USD182
2023-01-01 to 2023-06-30348,941USD181

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 2024-06-300USD182
2023-01-01 to 2023-06-30540,000USD181

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
2024-01-01 to 2024-06-30208,425USD182
2023-01-01 to 2023-06-3061,651USD181

Inspect the source

Entity
iCoreConnect Inc. / CIK 0001906133
Captured
2026-09-21T17:36:08.575Z
SEC response SHA-256
6cf90bbc79a7de1275daa89c52139f6cf52e3711a357ecb85f9767a69366157e

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/0001906133.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"])))