Gores Metropoulos, Inc. (GMHI) financial statements (2021 and earlier)

Company profile

Business Address 9800 WILSHIRE BLVD.
BEVERLY HILLS, CA 90212
State of Incorp. DE
Fiscal Year End December 31
SIC 3714 - Motor Vehicle Parts and Accessories (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2020
TTM
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 10
Cash and cash equivalents 10
Prepaid expense 0 
Deferred costs  0
Total current assets: 20
Noncurrent Assets
Assets held-in-trust 406 
Deferred income tax assets 0
Total noncurrent assets: 406 
TOTAL ASSETS: 4080
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 10
Accrued liabilities 00
Taxes payable 10
Due to related parties  0
Other undisclosed current liabilities 0 
Total current liabilities: 10
Noncurrent Liabilities
Other undisclosed noncurrent liabilities 14 
Total noncurrent liabilities: 14 
Total liabilities: 150
Temporary equity, carrying amount 387 
Stockholders' equity
Stockholders' equity attributable to parent, including: 50
Additional paid in capital 00
Retained earnings (accumulated deficit) 5(0)
Other undisclosed stockholders' equity attributable to parent 00
Total stockholders' equity: 50
TOTAL LIABILITIES AND EQUITY: 4080

Income statement (P&L) ($ in millions)

9/30/2020
TTM
12/31/2019
12/31/2018
Operating expenses (0) 
Other undisclosed operating loss (1) 
Operating loss: (1) 
Nonoperating income
(Investment Income, Nonoperating)
 8 
Income from continuing operations before income taxes: 7 
Income tax expense (1) 
Net income available to common stockholders, diluted: 5 

Comprehensive Income ($ in millions)

9/30/2020
TTM
12/31/2019
12/31/2018
Net income: 5 
Comprehensive income, net of tax, attributable to parent: 5 

Statements sources

The financial statements are based on the company's filings with the 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.

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