Clearday, Inc. (CLRD) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
15511 W. STATE HWY 71 AUSTIN, TX 78738 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 805 - Nursing And Personal Care Facilities (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 196 | 965 | 1,276 | 713 | 5,616 | 3,056 | |||
| Cash and cash equivalents | 196 | 965 | 1,276 | 713 | 5,616 | 3,056 | |||
| Restricted cash and investments | 206 | 10 | |||||||
| Receivables | 48 | 51 | 344 | 151 | |||||
| Inventory, net of allowances, customer advances and progress billings | 68 | 263 | 173 | 102 | |||||
| Inventory | 68 | 263 | 173 | 102 | |||||
| Prepaid expense | |||||||||
| Disposal group, including discontinued operation | 21 | ||||||||
| Other current assets | 2,764 | ||||||||
| Other undisclosed current assets | 18 | 112 | 76 | 76 | 61 | 83 | |||
| Total current assets: | 467 | 3,923 | 1,420 | 1,396 | 5,850 | 3,392 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 22,793 | 32,818 | 152 | ✕ | ✕ | ||||
| Property, plant and equipment | 77 | 7,419 | 233 | 1,009 | 1,793 | ||||
| Long-term investments and receivables | 1,600 | ||||||||
| Long-term investments | 1,600 | ||||||||
| Intangible assets, net (including goodwill) | 7,360 | 9 | 641 | 686 | 742 | ||||
| Intangible assets, net (excluding goodwill) | 7,360 | 9 | 641 | 686 | 742 | ||||
| Disposal group, including discontinued operation, noncurrent assets | 2,086 | ||||||||
| Other noncurrent assets | 288 | 288 | 60 | 69 | 69 | ||||
| Other undisclosed noncurrent assets | 2,766 | ||||||||
| Total noncurrent assets: | 33,284 | 42,620 | 1,600 | 1,086 | 1,764 | 2,604 | |||
| TOTAL ASSETS: | 33,751 | 46,543 | 3,020 | 2,482 | 7,614 | 5,996 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 14,740 | 12,595 | 315 | 819 | 852 | 830 | |||
| Accounts payable | 6,324 | 3,393 | 180 | 527 | 313 | 349 | |||
| Accrued liabilities | 8,416 | 9,203 | 135 | 292 | 539 | 481 | |||
| Debt | 8,124 | 148 | |||||||
| Derivative instruments and hedges, liabilities | 2,321 | ||||||||
| Disposal group, including discontinued operation | 1,438 | ||||||||
| Other liabilities | 1,140 | 1,110 | |||||||
| Due to related parties | ✕ | 673 | 283 | ||||||
| Other undisclosed current liabilities | 20,451 | ||||||||
| Total current liabilities: | 39,323 | 23,550 | 315 | 967 | 852 | 830 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,393 | 42,215 | 4 | ||||||
| Long-term debt, excluding current maturities | 1,393 | 5,572 | |||||||
| Finance lease, liability | 36,643 | ✕ | ✕ | ||||||
| Liabilities, other than long-term debt | 24,416 | 713 | 8 | 17 | 54 | ||||
| Disposal group, including discontinued operation, liabilities | 713 | ||||||||
| Other liabilities | 8 | 17 | 54 | ||||||
| Operating lease, liability | 24,416 | 4 | ✕ | ✕ | |||||
| Total noncurrent liabilities: | 25,809 | 42,928 | 12 | 17 | 54 | ||||
| Total liabilities: | 65,132 | 66,479 | 315 | 979 | 869 | 884 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (63,552) | (48,124) | 2,705 | 1,503 | 6,745 | 5,112 | |||
| Common stock | 21 | 15 | 3 | 18 | 3 | 11 | |||
| Additional paid in capital | 16,098 | 17,069 | 334,632 | 330,458 | 326,486 | 316,714 | |||
| Accumulated deficit | (79,671) | (65,208) | (331,930) | (328,973) | (319,744) | (311,613) | |||
| Other undisclosed equity, attributable to parent | 0 | 0 | |||||||
| Equity, attributable to noncontrolling interest | 11,722 | 11,331 | |||||||
| Total equity: | (51,830) | (36,793) | 2,705 | 1,503 | 6,745 | 5,112 | |||
| Other undisclosed liabilities and equity | 20,448 | 16,857 | |||||||
| TOTAL LIABILITIES AND EQUITY: | 33,751 | 46,543 | 3,020 | 2,482 | 7,614 | 5,996 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 12,489 | 12,882 | 184 | 545 | 1,556 | 446 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 446 | |
| Gain on disposition of assets for financial service operations | 320 | ✕ | ||||||
| Cost of revenue | (599) | (2,697) | (2,395) | (3,403) | ||||
| Cost of goods and services sold | (190) | (3,403) | ||||||
| Gross profit: | 12,489 | 12,882 | (415) | (2,152) | (839) | (2,957) | ||
| Operating expenses | (24,341) | (37,866) | (2,544) | (7,136) | (7,384) | (6,706) | ||
| Operating loss: | (11,852) | (24,985) | (2,959) | (9,288) | (8,223) | (9,663) | ||
| Nonoperating income (expense) | (2,610) | 3,003 | 2 | 59 | 116 | 136 | ||
| Investment income, nonoperating | 1,172 | 52 | 99 | |||||
| Other nonoperating income (expense) | 552 | 1,597 | 2 | 59 | 64 | 37 | ||
| Interest and debt expense | (3,727) | (1,072) | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (18,190) | (23,053) | (2,957) | (9,229) | (8,107) | (9,527) | ||
| Other undisclosed income from continuing operations before income taxes | 3,546 | |||||||
| Loss from continuing operations before income taxes: | (18,190) | (19,507) | (2,957) | (9,229) | (8,107) | (9,527) | ||
| Other undisclosed income (loss) from continuing operations | 3,727 | (2,475) | ||||||
| Loss from continuing operations: | (14,463) | (21,981) | (2,957) | (9,229) | (8,107) | (9,527) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (19,507) | (2,957) | (9,229) | (8,107) | (9,527) | |
| Income from discontinued operations | 2,475 | |||||||
| Other undisclosed net loss | (24) | |||||||
| Net loss: | (14,463) | (19,507) | (2,957) | (9,229) | (8,131) | (9,527) | ||
| Net income (loss) attributable to noncontrolling interest | 155 | (179) | ||||||
| Other undisclosed net income (loss) attributable to parent | (310) | 179 | ||||||
| Net loss attributable to parent: | (14,618) | (19,507) | (2,957) | (9,229) | (8,131) | (9,527) | ||
| Preferred stock dividends and other adjustments | (6,621) | (5,888) | ||||||
| Other undisclosed net income (loss) available to common stockholders, basic | 310 | (179) | ||||||
| Net loss available to common stockholders, diluted: | (20,929) | (25,573) | (2,957) | (9,229) | (8,131) | (9,527) | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (14,463) | (19,507) | (2,957) | (9,229) | (8,131) | (9,527) | ||
| Comprehensive loss: | (14,463) | (19,507) | (2,957) | (9,229) | (8,131) | (9,527) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 155 | (179) | ||||||
| Comprehensive loss, net of tax, attributable to parent: | (14,308) | (19,685) | (2,957) | (9,229) | (8,131) | (9,527) | ||
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.