MJ BIOTECH, INC. Financial Statements (2025 and earlier)
Company Profile
| Business Address |
P.O. BOX 32 LAFAYETTE, NJ 07848 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 82 | 26,767 | 300 | 829 | 10,673 | ||||
| Cash and cash equivalents | 82 | 26,767 | 300 | 829 | 10,673 | ||||
| Receivables | 1,000 | ||||||||
| Other current assets | 593 | 735 | ✕ | ||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 96 | ||
| Total current assets: | 82 | 27,767 | 300 | 593 | 1,564 | 10,769 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 4,850 | 11,767 | 19,140 | 20,023 | |||||
| Intangible assets, net (including goodwill) | 83,750 | 113,750 | 143,750 | ||||||
| Intangible assets, net (excluding goodwill) | 83,750 | 113,750 | 143,750 | ||||||
| Total noncurrent assets: | 4,850 | 95,517 | 132,890 | 163,773 | |||||
| TOTAL ASSETS: | 82 | 27,767 | 5,150 | 96,110 | 134,454 | 174,542 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 451,838 | 231,482 | 39,051 | 33,676 | 15,452 | 21,536 | |||
| Accounts payable | 15,452 | 21,536 | |||||||
| Accrued liabilities | 16,266 | 67,938 | 39,643 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 451,838 | 215,216 | (28,887) | (5,967) | |||||
| Debt | 408,630 | 173,597 | 403,514 | 680,916 | 998,916 | 51,924 | |||
| Derivative instruments and hedges, liabilities | 792,898 | 467,491 | |||||||
| Other liabilities | 49,000 | ||||||||
| Due to related parties | 94,543 | 86,270 | 658,858 | 556,726 | |||||
| Other undisclosed current liabilities | 16,266 | 92,891 | 52,135 | 363,324 | 240,070 | ||||
| Total current liabilities: | 1,796,909 | 975,106 | 1,194,314 | 1,323,453 | 1,377,692 | 313,530 | |||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 1,796,909 | 975,106 | 1,194,314 | 1,323,453 | 1,377,692 | 313,530 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (1,796,827) | (947,339) | (1,189,164) | (1,227,343) | (1,243,238) | (138,988) | |||
| Preferred stock | 356 | 67 | 1 | 1 | |||||
| Common stock | 3,231 | 2,231 | 1,296 | 1,223 | 1,168 | 1,168 | |||
| Additional paid in capital | 12,659,977 | 12,439,406 | 1,345,764 | 882,313 | 218,458 | 218,458 | |||
| Accumulated other comprehensive loss | (14,460,391) | (13,389,043) | (2,536,225) | (2,110,880) | |||||
| Accumulated deficit | (358,614) | ||||||||
| Other undisclosed equity, attributable to parent | (1,462,864) | ||||||||
| Total equity: | (1,796,827) | (947,339) | (1,189,164) | (1,227,343) | (1,243,238) | (138,988) | |||
| TOTAL LIABILITIES AND EQUITY: | 82 | 27,767 | 5,150 | 96,110 | 134,454 | 174,542 | |||
Income Statement (P&L) (USD)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,000 | 22,610 | 106,859 | 1,517 | ||||
| Revenue, net | ✕ | 1,000 | 22,610 | 106,859 | ||||
| Cost of revenue (Cost of Goods and Services Sold) | (357,967) | (8,129) | ||||||
| Other undisclosed gross profit | 8,129 | |||||||
| Gross profit: | (357,967) | 1,000 | 22,610 | 106,859 | 1,517 | |||
| Operating expenses | (271,760) | (10,233,975) | (399,077) | (587,020) | (1,034,246) | (356,358) | ||
| Other undisclosed operating income | 357,967 | |||||||
| Operating loss: | (271,760) | (10,232,975) | (376,467) | (480,161) | (1,032,729) | (356,358) | ||
| Nonoperating expense | (71,521) | |||||||
| Interest and debt expense | (799,588) | (619,843) | (48,878) | (167,855) | (71,522) | (2,138) | ||
| Loss from continuing operations before equity method investments, income taxes: | (1,071,348) | (10,852,818) | (425,345) | (648,016) | (1,175,772) | (358,496) | ||
| Other undisclosed income from continuing operations before income taxes | 358,497 | |||||||
| Income (loss) from continuing operations: | (1,071,348) | (10,852,818) | (425,345) | (648,016) | (1,175,772) | 1 | ||
| Income (loss) before gain (loss) on sale of properties: | (1,071,348) | (10,852,818) | (425,345) | (648,016) | (1,175,772) | 1 | ||
| Other undisclosed net loss | (358,497) | |||||||
| Net loss: | (1,071,348) | (10,852,818) | (425,345) | (648,016) | (1,175,772) | (358,496) | ||
| Other undisclosed net income attributable to parent | 71,522 | |||||||
| Net loss available to common stockholders, diluted: | (1,071,348) | (10,852,818) | (425,345) | (648,016) | (1,104,250) | (358,496) | ||
Comprehensive Income (USD)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,071,348) | (10,852,818) | (425,345) | (648,016) | (1,175,772) | (358,496) | ||
| Comprehensive loss, net of tax, attributable to parent: | (1,071,348) | (10,852,818) | (425,345) | (648,016) | (1,175,772) | (358,496) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.