Flexible Solutions International Files Q3 2024 10-Q
Ticker: FSI · Form: 10-Q · Filed: Nov 14, 2024 · CIK: 1069394
| Field | Detail |
|---|---|
| Company | Flexible Solutions International INC (FSI) |
| Form Type | 10-Q |
| Filed Date | Nov 14, 2024 |
| Risk Level | low |
| Pages | 14 |
| Reading Time | 17 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report
TL;DR
FLEX filed its Q3 10-Q. Financials for Sept 30, 2024, are in. Check it out.
AI Summary
Flexible Solutions International Inc. filed its Q3 10-Q report on November 14, 2024, covering the period ending September 30, 2024. The company, incorporated in Nevada, operates in the miscellaneous chemical products sector. Key financial data for the periods ending September 30, 2024, and December 31, 2023, are presented, including details on common stock, retained earnings, and accumulated other comprehensive income.
Why It Matters
This filing provides investors with the latest financial performance and position of Flexible Solutions International Inc., crucial for understanding the company's operational health and future prospects.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial information with no immediate red flags.
Key Numbers
- 2024-09-30 — Reporting Period End Date (Latest period for which financial data is reported)
- 2024-11-14 — Filing Date (Date the 10-Q was submitted to the SEC)
- 2023-12-31 — Prior Year End Date (Comparative financial data reference point)
Key Players & Entities
- FLEXIBLE SOLUTIONS INTERNATIONAL INC (company) — Filer of the 10-Q report
- 20240930 (date) — End of the reporting period
- 20241114 (date) — Filing date of the report
- NV (state) — State of incorporation
- 2890 (industry_code) — Standard Industrial Classification code for Miscellaneous Chemical Products
FAQ
What is the primary business of Flexible Solutions International Inc.?
Flexible Solutions International Inc. operates in the Miscellaneous Chemical Products sector, with SIC code 2890.
What period does this 10-Q filing cover?
This 10-Q filing covers the period ending September 30, 2024.
When was this 10-Q report filed with the SEC?
This 10-Q report was filed on November 14, 2024.
In which U.S. state is Flexible Solutions International Inc. incorporated?
Flexible Solutions International Inc. is incorporated in Nevada (NV).
What are some of the key financial statement components mentioned for the period ending December 31, 2023?
Key financial statement components mentioned for December 31, 2023, include Common Stock, Capital In Excess Of Par Value, Retained Earnings, Accumulated Other Comprehensive Income, Parent, and Noncontrolling Interest.
Filing Stats: 4,313 words · 17 min read · ~14 pages · Grade level 15.7 · Accepted 2024-11-14 16:00:33
Filing Documents
- form10-q.htm (10-Q) — 1119KB
- ex31-1.htm (EX-31.1) — 11KB
- ex31-2.htm (EX-31.2) — 11KB
- ex32-1.htm (EX-32.1) — 5KB
- 0001493152-24-045777.txt ( ) — 6566KB
- fsi-20240930.xsd (EX-101.SCH) — 53KB
- fsi-20240930_cal.xml (EX-101.CAL) — 73KB
- fsi-20240930_def.xml (EX-101.DEF) — 218KB
- fsi-20240930_lab.xml (EX-101.LAB) — 449KB
- fsi-20240930_pre.xml (EX-101.PRE) — 374KB
- form10-q_htm.xml (XML) — 984KB
Financial Statements
Financial Statements. 3 (a) Unaudited Condensed Interim Consolidated Balance Sheets at September 30, 2024 and December 31, 2023. 3 (b) Unaudited Condensed Interim Consolidated Statements of Operations and Comprehensive Income (Loss) for the Three Months Ended September 30, 2024 and 2023. 4 (c) Unaudited Condensed Interim Consolidated Statements of Operations and Comprehensive Income for the Nine Months Ended September 30, 2024 and 2023. 5 (d) Unaudited Condensed Interim Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2024 and 2023. 6 (e) Unaudited Condensed Interim Consolidated Statements of Stockholders' Equity for the Three and Nine Months Ended September 30, 2024 and 2023. 7 (f) Notes to Unaudited Condensed Interim Consolidated Financial Statements for the Period Ended September 30, 2024. 8 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operation
Management's Discussion and Analysis of Financial Condition and Results of Operation. 24 Item 4.
Controls and Procedures
Controls and Procedures. 27 PART II. OTHER INFORMATION 27 Item 5. Other Information. 27 Item 6. Exhibits. 27
SIGNATURES
SIGNATURES 28 1 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This document contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are "forward-looking statements" for the purposes of the federal and state securities laws, including, but not limited to: any projections of earnings, revenue or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements concerning proposed new services or developments; any statements regarding future economic conditions or performance; any statements of belief; and any statements of assumptions underlying any of the foregoing. Forward-looking "continue," "believe," "expect" or "anticipate" or other similar words. These forward-looking information as required by the federal securities laws, we do not intend, and undertake no obligation, to update any forward-looking Although we believe that the expectations reflected in any of our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties. The factors impacting these risks and uncertainties include but are not limited to: Increased competitive pressures from existing competitors and new entrants; Increases in interest rates or our cost of borrowing or a default under any material debt agreement; Deterioration in general or regional economic conditions; Adverse