Cryomass Technologies, Inc. (CRYM) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1001 BANNOCK STREET DENVER, CO 80204 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 342 - Cutlery, Handtools, And General Hardware (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 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 | 49 | 2,016 | 5,773 | 330 | 3,474 | 207 | |||
| Cash and cash equivalents | 49 | 2,016 | 5,773 | 330 | 3,474 | 207 | |||
| Receivables | 9 | 540 | |||||||
| Inventory, net of allowances, customer advances and progress billings | 340 | 10 | |||||||
| Inventory | 340 | 10 | |||||||
| Prepaid expense | 95 | 129 | 757 | 60 | 112 | 28 | |||
| Deferred costs | 22 | ||||||||
| Disposal group, including discontinued operation | 7 | ||||||||
| Asset, held-for-sale, not part of disposal group | 6,868 | ||||||||
| Total current assets: | 153 | 2,166 | 6,530 | 7,798 | 3,933 | 246 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,244 | ✕ | |||||||
| Property, plant and equipment | 723 | 526 | 225 | 2,153 | 457 | ||||
| Intangible assets, net (including goodwill) | 97 | 5,171 | 5,229 | 2,886 | 8,725 | ||||
| Goodwill | 1,190 | 1,190 | 5,856 | ||||||
| Intangible assets, net (excluding goodwill) | 97 | 3,981 | 4,039 | 2,886 | 2,869 | ||||
| Deposits noncurrent assets | 16 | ||||||||
| Other undisclosed noncurrent assets | 3,600 | (2,886) | |||||||
| Total noncurrent assets: | 820 | 5,696 | 9,054 | 12,137 | 457 | ||||
| TOTAL ASSETS: | 973 | 7,863 | 15,584 | 7,798 | 16,070 | 704 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,236 | 1,288 | 1,882 | 2,248 | 755 | 49 | |||
| Taxes payable | ✕ | ✕ | ✕ | 1 | 1 | 25 | |||
| Other undisclosed accounts payable and accrued liabilities | 2,236 | 1,288 | 1,881 | 2,247 | 730 | 49 | |||
| Deferred revenue | ✕ | ||||||||
| Debt | 238 | 413 | 472 | ||||||
| Due to related parties | ✕ | ✕ | 307 | 8 | |||||
| Other undisclosed current liabilities | 20 | 1 | 1,465 | 25 | |||||
| Total current liabilities: | 2,494 | 1,288 | 1,882 | 4,126 | 1,559 | 57 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 597 | 2,000 | 177 | 772 | |||||
| Long-term debt, excluding current maturities | 597 | 2,000 | 177 | ||||||
| Liabilities, other than long-term debt | 15 | ||||||||
| Deferred revenue | ✕ | ||||||||
| Deferred income tax liabilities | 15 | ✕ | |||||||
| Operating lease, liability | 772 | ✕ | |||||||
| Other undisclosed noncurrent liabilities | 3,730 | 52 | 5 | ||||||
| Total noncurrent liabilities: | 4,328 | 2,000 | 177 | 67 | 777 | ||||
| Total liabilities: | 6,822 | 3,288 | 2,060 | 4,193 | 2,336 | 57 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (5,849) | 4,574 | 13,524 | 3,605 | 12,440 | 647 | |||
| Common stock | 210 | 203 | 197 | 97 | 106 | 76 | |||
| Additional paid in capital | 45,908 | 43,164 | 41,916 | 19,139 | 16,247 | 1,426 | |||
| Accumulated other comprehensive loss | (15) | ||||||||
| Accumulated deficit | (51,967) | (39,012) | (28,589) | (15,729) | (3,913) | (841) | |||
| Other undisclosed equity, attributable to parent | 220 | 99 | |||||||
| Equity, attributable to noncontrolling interest | 1,295 | ||||||||
| Total equity: | (5,849) | 4,574 | 13,524 | 3,605 | 13,734 | 647 | |||
| TOTAL LIABILITIES AND EQUITY: | 973 | 7,863 | 15,584 | 7,798 | 16,070 | 704 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 14 | 781 | 3,479 | |||||
| Cost of revenue (Cost of Goods and Services Sold) | (744) | (2,436) | ||||||
| Gross profit: | 14 | 37 | 1,043 | |||||
| Operating expenses | (10,796) | (10,312) | (7,992) | (6,572) | (4,064) | (338) | ||
| Other undisclosed operating income | ||||||||
| Operating loss: | (10,782) | (10,312) | (7,992) | (6,535) | (3,021) | (338) | ||
| Nonoperating income (expense) | (2,152) | (133) | (2,143) | (326) | (10) | 1 | ||
| Gain (loss), foreign currency transaction, before tax | 14 | 47 | (89) | (0) | 1 | |||
| Other nonoperating expense | (2,152) | |||||||
| Interest and debt expense | (1,715) | (147) | (13) | (39) | ||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 13 | (51) | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (14,649) | (10,591) | (10,135) | (6,860) | (3,031) | (427) | ||
| Other undisclosed income from continuing operations before income taxes | 1,715 | 147 | ||||||
| Loss from continuing operations before income taxes: | (12,934) | (10,444) | (10,135) | (6,860) | (3,031) | (427) | ||
| Income tax expense (benefit) | (22) | 22 | (10) | (5) | ||||
| Other undisclosed loss from continuing operations | ||||||||
| Loss from continuing operations: | (12,956) | (10,423) | (10,135) | (6,871) | (3,035) | (427) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (12,860) | (11,816) | (3,058) | (427) | |
| Loss from discontinued operations | (2,725) | (4,945) | (22) | |||||
| Other undisclosed net income (loss) | 4,945 | |||||||
| Net loss: | (12,956) | (10,423) | (12,860) | (6,871) | (3,058) | (427) | ||
| Net income attributable to noncontrolling interest | 10,423 | 10,135 | ||||||
| Other undisclosed net loss attributable to parent | (10,423) | (10,135) | (4,945) | |||||
| Net loss available to common stockholders, diluted: | (12,956) | (10,423) | (12,860) | (11,816) | (3,058) | (427) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (12,956) | (10,423) | (12,860) | (6,871) | (3,058) | (427) | ||
| Other comprehensive loss | (15) | |||||||
| Comprehensive loss: | (12,956) | (10,423) | (12,860) | (6,871) | (3,058) | (443) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 10,423 | 10,135 | ||||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (10,423) | (10,135) | (4,945) | (5) | ||||
| Comprehensive loss, net of tax, attributable to parent: | (12,956) | (10,423) | (12,860) | (11,816) | (3,063) | (443) | ||
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.