Clubhouse Media Group, Inc. (CMGR) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3651 LINDELL ROAD LAS VEGAS, NV 89103 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 79 - Amusement And Recreation Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 125 | 25 | 134 | 45 | 58 | 43 | |||
| Cash and cash equivalents | 125 | 25 | 134 | 45 | 58 | 43 | |||
| Receivables | 622 | 202 | 569 | ||||||
| Prepaid expense | 4 | 4 | 4 | 4 | 4 | ||||
| Disposal group, including discontinued operation | 200 | ||||||||
| Intangible current assets | 710 | ||||||||
| Other undisclosed current assets | 15 | 367 | 79 | ||||||
| Total current assets: | 340 | 651 | 340 | 618 | 429 | 836 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 19 | 23 | 29 | 37 | 46 | ||||
| Intangible assets, net (including goodwill) | 446 | 747 | 778 | 767 | 777 | 710 | |||
| Intangible assets, net (excluding goodwill) | 446 | 747 | 778 | 767 | 777 | 710 | |||
| Disposal group, including discontinued operation, noncurrent assets | 17 | ||||||||
| Total noncurrent assets: | 462 | 766 | 801 | 795 | 815 | 756 | |||
| TOTAL ASSETS: | 802 | 1,417 | 1,141 | 1,413 | 1,244 | 1,592 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,128 | 2,447 | 3,251 | 3,171 | 2,566 | 2,285 | |||
| Accounts payable | 3,171 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 2,128 | 2,447 | 3,251 | 2,566 | 2,285 | ||||
| Deferred revenue | 28 | 146 | |||||||
| Debt | 4,163 | 4,183 | 1,115 | 4,263 | 4,504 | 5,115 | |||
| Derivative instruments and hedges, liabilities | 874 | 1,750 | 1,734 | 1,993 | 800 | 1,806 | |||
| Disposal group, including discontinued operation | 510 | ||||||||
| Other liabilities | 0 | ||||||||
| Due to related parties | ✕ | ✕ | ✕ | ✕ | ✕ | 451 | |||
| Other undisclosed current liabilities | 318 | 875 | 4,906 | 648 | 573 | 548 | |||
| Total current liabilities: | 7,993 | 9,256 | 11,006 | 10,075 | 8,922 | 9,901 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 865 | ||||||||
| Long-term debt, excluding current maturities | 865 | ||||||||
| Liabilities, other than long-term debt | 525 | ||||||||
| Due to related parties | ✕ | ✕ | ✕ | ✕ | ✕ | 525 | |||
| Other undisclosed noncurrent liabilities | 1,231 | ||||||||
| Total noncurrent liabilities: | 865 | 1,756 | |||||||
| Total liabilities: | 7,993 | 9,256 | 11,006 | 10,940 | 8,922 | 11,657 | |||
| Equity | |||||||||
| Equity, attributable to parent | (7,506) | (8,166) | (10,093) | (9,768) | (8,063) | (10,108) | |||
| Common stock | 16 | 15 | 9 | 8 | 7 | 2 | |||
| Additional paid in capital | 27,663 | 27,287 | 25,151 | 25,117 | 24,745 | 22,426 | |||
| Accumulated deficit | (35,185) | (35,468) | (35,253) | (34,893) | (32,815) | (32,536) | |||
| Equity, attributable to noncontrolling interest | 315 | 327 | 229 | 241 | 385 | 44 | |||
| Total equity: | (7,191) | (7,839) | (9,865) | (9,527) | (7,678) | (10,065) | |||
| TOTAL LIABILITIES AND EQUITY: | 802 | 1,417 | 1,141 | 1,413 | 1,244 | 1,592 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | (1,811) | 1,163 | 786 | 1,357 | 1,410 | 2,159 | ||
| Cost of revenue (Cost of Goods and Services Sold) | 1,259 | (538) | (485) | (1,208) | (1,618) | (1,355) | ||
| Gross profit: | (552) | 625 | 302 | 149 | (208) | 804 | ||
| Operating expenses | 662 | (536) | (708) | (704) | (792) | (1,059) | ||
| Operating income (loss): | 110 | 89 | (406) | (554) | (1,000) | (254) | ||
| Nonoperating income (expense) | 604 | (205) | 34 | (1,668) | 1,064 | 1,090 | ||
| Interest and debt expense | 2,621 | |||||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 262 | |||||||
| Income (loss) from continuing operations before income taxes: | 975 | (117) | (372) | (2,222) | 2,684 | 835 | ||
| Other undisclosed loss from continuing operations | (262) | (2,621) | ||||||
| Income (loss) from continuing operations: | 714 | (117) | (372) | (2,222) | 63 | 835 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 835 | |
| Other undisclosed net loss | (443) | |||||||
| Net income (loss): | 271 | (117) | (372) | (2,222) | 63 | 835 | ||
| Net income (loss) attributable to noncontrolling interest | 12 | (98) | 12 | 144 | (342) | (44) | ||
| Net income (loss) available to common stockholders, diluted: | 283 | (215) | (360) | (2,078) | (279) | 792 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | 6/30/2023 Q2 | 3/31/2023 Q1 | 12/31/2022 Q4 | 9/30/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 271 | (117) | (372) | (2,222) | 63 | 835 | ||
| Comprehensive income (loss): | 271 | (117) | (372) | (2,222) | 63 | 835 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 12 | (98) | 12 | 144 | (342) | (44) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 283 | (215) | (360) | (2,078) | (279) | 792 | ||
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.