CMG Holdings Group Inc (CMGO) Financial Statements (2024 and earlier)

Company Profile

Business Address 2130 NORTH LINCOLN PARK WEST 8N
CHICAGO, IL 60614
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 731 - Advertising (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments338595411230281,241
Cash and cash equivalents33859541123028477
Short-term investments      764
Receivables1,5151,191189  287
Other current assets      8
Other undisclosed current assets100  88 
Total current assets:1,9531,786600239361,536
Noncurrent Assets
Property, plant and equipment 26102832 
Intangible assets, net (including goodwill)    5555
Goodwill    5555 
Other noncurrent assets      60
Total noncurrent assets: 2610838760
TOTAL ASSETS:1,9551,7926103221231,596
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities39 118228061,221
Accounts payable39 11677677628
Accrued liabilities    145129594
Debt7825601091507510
Deferred compensation liability38643948322040487
Derivative instruments and hedges, liabilities     40111
Deferred revenue and credits  13
Due to related parties   96  
Other undisclosed current liabilities157881125  
Total current liabilities:1,2221,0766831,4131,3221,743
Noncurrent Liabilities
Total liabilities:1,2221,0766831,4131,3221,743
Equity
Equity, attributable to parent734716(73)(1,092)(1,199)(146)
Common stock439439439449289284
Additional paid in capital14,63114,63114,63114,68814,74014,530
Accumulated deficit(14,335)(14,353)(15,142)(16,229)(16,228)(14,960)
Total equity:734716(73)(1,092)(1,199)(146)
TOTAL LIABILITIES AND EQUITY:1,9551,7926103221231,596

Income Statement (P&L) ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2015
12/31/2014
12/31/2013
Revenues2,0341,6191411,0747,8117,414
Revenue, net1,0747,8117,414
Cost of revenue(1,502)(1,214)(95)(353)(6,493)(5,296)
Cost of goods and services sold    (353)(6,493)(5,296)
Other undisclosed gross profit   (19)   
Gross profit:532405277211,3182,118
Operating expenses(683)(1,922)(733)(1,105)(9,402)(8,172)
Other undisclosed operating income  1,2141143536,4935,296
Operating loss:(152)(303)(592)(31)(1,590)(758)
Nonoperating income1691,093635303221,952
Investment income, nonoperating    (16)539(211)
Other nonoperating income (expense)1691,093635 (3)56
Interest and debt expense 589662 (104)538
Other undisclosed loss from continuing operations before equity method investments, income taxes(182)(1,682)    
Income (loss) from continuing operations before income taxes:(165)(303)705(1)(1,372)1,732
Other undisclosed income from continuing operations     104 
Income (loss) from continuing operations:(165)(303)705(1)(1,268)1,732
Income (loss) before gain (loss) on sale of properties:(303)705(1)(1,268)1,732
Net income (loss):(165)(303)705(1)(1,268)1,732
Other undisclosed net income (loss) attributable to parent1821,093(662)  (538)
Net income (loss) available to common stockholders, diluted:1878943(1)(1,268)1,194

Comprehensive Income ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(165)(303)705(1)(1,268)1,732
Comprehensive income (loss), net of tax, attributable to parent:(165)(303)705(1)(1,268)1,732

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: