United Cannabis Corp (CNAB) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
301 COMMERCIAL RD. GOLDEN, CO 80401 |
| State of Incorp. | CO |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,127 | 450 | 665 | 275 | 535 | 165 | |||
| Cash and cash equivalent | 1,127 | 450 | 665 | 275 | 535 | 165 | |||
| Receivables | 271 | 46 | 259 | 184 | 101 | 49 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,733 | 1,401 | 2,552 | 2,662 | 1,644 | 137 | |||
| Inventory | 1,733 | 1,401 | 2,552 | 2,662 | 1,644 | 137 | |||
| Other current assets | 942 | 29 | 35 | 49 | 24 | 18 | |||
| Total current assets: | 4,074 | 1,927 | 3,510 | 3,171 | 2,304 | 370 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,193 | 833 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 4,167 | 2,101 | 2,120 | 1,922 | 1,748 | 1,333 | |||
| Intangible assets, net (including goodwill) | 5,116 | 5,116 | 5,109 | 5,103 | 5,098 | 5,060 | |||
| Goodwill | 4,839 | 4,839 | 4,839 | 4,839 | 4,839 | 4,839 | |||
| Intangible assets, net (excluding goodwill) | 277 | 277 | 271 | 265 | 260 | 221 | |||
| Other noncurrent assets | 170 | 102 | 72 | ||||||
| Other undisclosed noncurrent assets | 365 | 2,097 | 2,154 | 1,096 | 322 | 249 | |||
| Total noncurrent assets: | 11,011 | 10,249 | 9,383 | 8,193 | 7,168 | 6,641 | |||
| TOTAL ASSETS: | 15,085 | 12,176 | 12,893 | 11,364 | 9,473 | 7,011 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 758 | 1,251 | 1,303 | 617 | 728 | 388 | |||
| Employee-related liabilities | 413 | 202 | |||||||
| Accounts payable | 90 | 1,163 | 582 | 290 | 177 | ||||
| Accrued liabilities | 758 | 189 | 139 | 34 | 25 | 9 | |||
| Other undisclosed accounts payable and accrued liabilities | 971 | ||||||||
| Deferred revenue | 271 | ✕ | ✕ | ✕ | ✕ | ||||
| Debt | 453 | 352 | 58 | 64 | 95 | 33 | |||
| Due to related parties | 1,150 | 1,143 | 1,155 | 1,126 | 763 | 342 | |||
| Other undisclosed current liabilities | 6,478 | 3,261 | 3,075 | 1,003 | 1,626 | 159 | |||
| Total current liabilities: | 9,111 | 6,006 | 5,590 | 2,809 | 3,211 | 921 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 808 | 533 | |||||||
| Operating lease, liability | 808 | 533 | ✕ | ✕ | ✕ | ✕ | |||
| Total noncurrent liabilities: | 808 | 533 | |||||||
| Total liabilities: | 9,919 | 6,539 | 5,590 | 2,809 | 3,211 | 921 | |||
| Equity | |||||||||
| Equity, attributable to parent | 5,520 | 5,948 | 7,567 | 8,727 | 6,396 | 6,196 | |||
| Preferred stock | 3 | 3 | 2 | 2 | 2 | 2 | |||
| Common stock | 49,783 | 47,145 | 46,940 | 44,943 | 39,668 | 28,670 | |||
| Accumulated deficit | (44,266) | (41,200) | (39,374) | (36,219) | (33,274) | (22,476) | |||
| Equity, attributable to noncontrolling interest | (354) | (311) | (264) | (172) | (134) | (106) | |||
| Total equity: | 5,166 | 5,637 | 7,303 | 8,555 | 6,262 | 6,090 | |||
| TOTAL LIABILITIES AND EQUITY: | 15,085 | 12,176 | 12,893 | 11,364 | 9,473 | 7,011 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,961 | 4,412 | 2,984 | 2,132 | 1,862 | 266 | ||
| Other undisclosed gross profit | (2,593) | (3,514) | (2,761) | (1,567) | (1,393) | (119) | ||
| Gross profit: | 1,369 | 899 | 223 | 565 | 468 | 147 | ||
| Operating expenses | (2,667) | (2,581) | (2,910) | (2,021) | (10,880) | (6,845) | ||
| Operating loss: | (1,298) | (1,683) | (2,687) | (1,455) | (10,411) | (6,697) | ||
| Interest and debt expense | (1,385) | (68) | (23) | (121) | (43) | (8) | ||
| Loss from continuing operations before equity method investments, income taxes: | (2,683) | (1,750) | (2,709) | (1,576) | (10,454) | (6,706) | ||
| Other undisclosed loss from continuing operations before income taxes | (426) | (122) | (538) | (1,406) | (373) | (556) | ||
| Loss from continuing operations: | (3,109) | (1,872) | (3,248) | (2,982) | (10,827) | (7,262) | ||
| Loss before gain (loss) on sale of properties: | (3,109) | (1,872) | (3,248) | (2,982) | (10,827) | (7,262) | ||
| Net loss: | (3,109) | (1,872) | (3,248) | (2,982) | (10,827) | (7,262) | ||
| Net income attributable to noncontrolling interest | 43 | 46 | 92 | 38 | 29 | 55 | ||
| Net loss available to common stockholders, diluted: | (3,066) | (1,826) | (3,155) | (2,945) | (10,798) | (7,207) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (3,109) | (1,872) | (3,248) | (2,982) | (10,827) | (7,262) | ||
| Comprehensive loss: | (3,109) | (1,872) | (3,248) | (2,982) | (10,827) | (7,262) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 43 | 46 | 92 | 38 | 29 | 55 | ||
| Comprehensive loss, net of tax, attributable to parent: | (3,066) | (1,826) | (3,155) | (2,945) | (10,798) | (7,207) | ||
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.