CANNAPHARMARX INC (CPMD) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
SUITE 3600 CALGARY, AB T2P 5C5 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2834 - Pharmaceutical Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 650 | 2,317 | 27,767 | 334,969 | 1,547 | 682,059 | |||
| Cash and cash equivalents | 650 | 2,317 | 27,767 | 334,969 | 1,547 | 682,059 | |||
| Receivables | 23,251 | 1,771 | 551 | 28,361 | |||||
| Inventory, net of allowances, customer advances and progress billings | 1,133,668 | ||||||||
| Inventory | 1,133,668 | ||||||||
| Prepaid expense | 68,539 | 132,031 | 592,473 | 134,689 | |||||
| Deposits current assets | 1,308,830 | ||||||||
| Other current assets | 5,906 | ||||||||
| Other undisclosed current assets | 61,524 | 1 | (217,941) | ||||||
| Total current assets: | 1,195,842 | 100,014 | 29,538 | 467,551 | 1,931,211 | 598,807 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 5,127,622 | ✕ | |||||||
| Operating lease, right-of-use asset | 5,870,141 | ✕ | |||||||
| Property, plant and equipment | 161,540 | 107,780 | 6,032 | 1,568,751 | 1,563,260 | 1,563,260 | |||
| Intangible assets, net (including goodwill) | 6,370,333 | 6,065,014 | |||||||
| Goodwill | 6,370,333 | 6,065,014 | |||||||
| Other undisclosed noncurrent assets | 4,518,127 | 78,760 | 78,760 | 6,711,289 | 6,152,610 | 1,871,000 | |||
| Total noncurrent assets: | 10,549,808 | 5,314,162 | 84,792 | 8,280,040 | 14,086,203 | 9,499,274 | |||
| TOTAL ASSETS: | 11,745,650 | 5,414,176 | 114,330 | 8,747,591 | 16,017,414 | 10,098,081 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 8,971,169 | 7,224,872 | 3,323,664 | 2,544,325 | 1,120,484 | 1,500,705 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 194,407 | 96,477 | 27,630 | 68,052 | ||
| Accounts payable | 8,781,169 | 6,882,947 | 3,129,257 | 2,447,848 | 902,854 | 766,203 | |||
| Accrued liabilities | 523,680 | 151,925 | |||||||
| Other undisclosed accounts payable and accrued liabilities | (333,680) | 190,000 | 190,000 | 666,450 | |||||
| Debt | 3,333,925 | 8,856,918 | 8,999,336 | 9,726,307 | 1,090,794 | 2,210,975 | |||
| Derivative instruments and hedges, liabilities | 1,264,388 | 1,008,868 | 507,494 | 3,676,649 | |||||
| Estimated litigation liability | 190,000 | ||||||||
| Due to related parties | ✕ | ✕ | 19,757 | 655,171 | 582,096 | 28,758 | |||
| Other undisclosed current liabilities | 4,404,419 | 74,496 | 190,000 | 946,738 | 1,158,959 | 2,222,000 | |||
| Total current liabilities: | 18,163,901 | 17,165,154 | 13,040,251 | 17,549,190 | 3,952,333 | 5,962,438 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 7,210,883 | 4,421,942 | |||||||
| Long-term debt, excluding current maturities | 7,210,883 | 4,421,942 | |||||||
| Other undisclosed noncurrent liabilities | 5,734,962 | 5,593,478 | |||||||
| Total noncurrent liabilities: | 5,734,962 | 5,593,478 | 7,210,883 | 4,421,942 | |||||
| Total liabilities: | 23,898,863 | 22,758,632 | 13,040,251 | 17,549,190 | 11,163,216 | 10,384,380 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (12,153,213) | (17,344,455) | (12,925,920) | (8,801,599) | 4,854,198 | (286,299) | |||
| Preferred stock | 60,000 | ||||||||
| Common stock | 44,075 | 27,412 | 12,551 | 4,699 | 3,649 | 1,894 | |||
| Treasury stock, value | (13) | (13) | (13) | (13) | |||||
| Additional paid in capital | 75,826,669 | 74,523,642 | 73,055,579 | 68,336,249 | 61,619,415 | 36,642,276 | |||
| Accumulated other comprehensive income (loss) | (35,617) | 240,427 | (371,909) | (345,714) | 137,696 | ||||
| Accumulated deficit | (91,278,353) | (94,695,339) | (86,164,319) | (77,331,820) | (57,441,549) | (36,990,469) | |||
| Other undisclosed equity, attributable to parent | 3,290,013 | 2,559,416 | 542,191 | 535,000 | 535,000 | ||||
| Other undisclosed equity | (1) | (1) | |||||||
| Total equity: | (12,153,213) | (17,344,456) | (12,925,921) | (8,801,599) | 4,854,198 | (286,299) | |||
| TOTAL LIABILITIES AND EQUITY: | 11,745,650 | 5,414,176 | 114,330 | 8,747,591 | 16,017,414 | 10,098,081 | |||
Income Statement (P&L) (USD)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 402,394 | 63 | ||||||
| Other income | 402,394 | 63 | ||||||
| Cost of revenue (Cost of Goods and Services Sold) | ||||||||
| Gross profit: | 402,394 | 63 | ||||||
| Operating expenses | (1,581,104) | (5,211,809) | (2,993,169) | (14,486,172) | (15,977,943) | (954,317) | ||
| Other undisclosed operating income (loss) | (402,394) | (63) | ||||||
| Operating loss: | (1,581,104) | (5,211,809) | (2,993,169) | (14,486,172) | (15,977,943) | (954,317) | ||
| Nonoperating income (expense) | 5,269,560 | (3,319,211) | (5,839,330) | (5,404,100) | (4,473,137) | (2,139,989) | ||
| Investment income, nonoperating | (78,760) | (6,672,019) | (7,070,841) | |||||
| Debt instrument, convertible, beneficial conversion feature | 1,357,978 | |||||||
| Other nonoperating expense | ||||||||
| Interest and debt expense | (654,919) | (929,912) | (2,960,020) | (2,293,858) | (4,473,137) | (2,140,052) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 3,033,537 | (9,460,932) | (11,792,519) | (22,184,130) | (24,924,217) | (5,234,358) | ||
| Other undisclosed income from continuing operations before income taxes | 929,912 | 2,293,858 | 4,473,137 | 2,140,052 | ||||
| Income (loss) from continuing operations: | 3,033,537 | (8,531,020) | (11,792,519) | (19,890,272) | (20,451,080) | (3,094,306) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (11,792,519) | (19,890,272) | (20,451,080) | (3,094,306) | |
| Other undisclosed net income | 2,960,020 | |||||||
| Net income (loss): | 3,033,537 | (8,531,020) | (8,832,499) | (19,890,272) | (20,451,080) | (3,094,306) | ||
| Other undisclosed net income attributable to parent | 654,919 | |||||||
| Net income (loss) available to common stockholders, diluted: | 3,688,456 | (8,531,020) | (8,832,499) | (19,890,272) | (20,451,080) | (3,094,306) | ||
Comprehensive Income (USD)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 3,033,537 | (8,531,020) | (8,832,499) | (19,890,272) | (20,451,080) | (3,094,306) | ||
| Comprehensive income (loss): | 3,033,537 | (8,531,020) | (8,832,499) | (19,890,272) | (20,451,080) | (3,094,306) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 378,876 | 612,335 | (26,195) | (483,409) | 137,694 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 3,412,413 | (7,918,685) | (8,858,694) | (20,373,681) | (20,313,386) | (3,094,306) | ||
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.