Gold Flora Corp. (GRAM) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
3165 RED HILL AVENUE COSTA MESA, CA 92626 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 01 - Agricultural Production Crops (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 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 22,538 | 93,698 | 165,311 | |||
| Cash and cash equivalent | 22,538 | 93,698 | 165,311 | |||
| Restricted cash and investments | 9,582 | |||||
| Receivables | 1,773 | 1,315 | 6,028 | |||
| Inventory, net of allowances, customer advances and progress billings | 18,372 | 8,728 | 27,240 | |||
| Inventory | 18,372 | 8,728 | 27,240 | |||
| Prepaid expense | 3,454 | 8,368 | 5,896 | |||
| Other current assets | 2,711 | 6,044 | ||||
| Other undisclosed current assets | 4,015 | 59 | 10,777 | |||
| Total current assets: | 52,863 | 118,211 | 224,833 | |||
| Noncurrent Assets | ||||||
| Finance lease, right-of-use asset, after accumulated amortization | 60,400 | 23,071 | 24,640 | |||
| Operating lease, right-of-use asset | 23,655 | 20,689 | 28,364 | |||
| Property, plant and equipment | 39,166 | 15,146 | 23,047 | |||
| Long-term investments and receivables | 1,147 | |||||
| Due from related parties | ✕ | ✕ | 519 | |||
| Accounts and financing receivable, after allowance for credit loss | 628 | |||||
| Intangible assets, net (including goodwill), including: | 46,101 | 99,378 | 266,195 | |||
| Goodwill | 45,667 | |||||
| Intangible assets, net (excluding goodwill) | 46,101 | 99,378 | 222,143 | |||
| Other undisclosed intangible assets, net (including goodwill) | (1,615) | |||||
| Deposits noncurrent assets | 1,181 | 1,120 | ||||
| Other undisclosed noncurrent assets | 4,181 | 1,695 | 3,257 | |||
| Total noncurrent assets: | 173,503 | 162,306 | 346,622 | |||
| TOTAL ASSETS: | 226,366 | 280,518 | 571,455 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 27,342 | 24,560 | 41,625 | |||
| Taxes payable | ✕ | ✕ | ✕ | 19,062 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | 1,326 | ||
| Accounts payable | 13,339 | 4,250 | 8,391 | |||
| Accrued liabilities | 8,117 | 17,719 | 7,288 | |||
| Other undisclosed accounts payable and accrued liabilities | 5,886 | 2,591 | 5,557 | |||
| Debt | 21,942 | 156 | 14 | |||
| Deferred compensation liability | 5,167 | |||||
| Business combination, contingent consideration, liability | 4,342 | 1,612 | 943 | |||
| Other liabilities | 2,005 | |||||
| Due to related parties | ✕ | ✕ | 931 | |||
| Other undisclosed current liabilities | 32,095 | 9,442 | 10,938 | |||
| Total current liabilities: | 87,726 | 36,702 | 58,687 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 114,857 | 36,619 | 64,561 | |||
| Long-term debt, excluding current maturities | 29,735 | |||||
| Finance lease, liability | 85,122 | 36,619 | 36,775 | |||
| Liabilities, other than long-term debt | 30,967 | 24,804 | ||||
| Accounts payable and accrued liabilities | ||||||
| Deferred income tax liabilities | 5,150 | |||||
| Operating lease, liability | 25,817 | 24,804 | 27,787 | |||
| Other undisclosed noncurrent liabilities | 64 | 21,356 | 17,889 | |||
| Total noncurrent liabilities: | 145,888 | 82,778 | 110,237 | |||
| Total liabilities: | 233,614 | 119,480 | 168,923 | |||
| Temporary equity, including noncontrolling interest | 41,456 | |||||
| Equity | ||||||
| Equity, attributable to parent, including: | (7,382) | 161,038 | 361,075 | |||
| Common stock | 2,874 | |||||
| Additional paid in capital | 100,577 | 996,697 | 954,103 | |||
| Accumulated deficit | (110,833) | (593,028) | ||||
| Other undisclosed equity, attributable to parent | (835,660) | |||||
| Equity, attributable to noncontrolling interest | 134 | 0 | ||||
| Other undisclosed equity | (0) | |||||
| Total equity: | (7,248) | 161,038 | 361,075 | |||
| TOTAL LIABILITIES AND EQUITY: | 226,366 | 280,518 | 571,455 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Revenues | 90,964 | 83,637 | 173,415 | ||
| Cost of revenue | (58,490) | (57,627) | (153,182) | ||
| Cost of product and service sold | (1,594) | (10,926) | (5,950) | ||
| Gross profit: | 32,474 | 26,010 | 20,233 | ||
| Operating expenses | (79,219) | (184,433) | |||
| Other undisclosed operating loss | (654,317) | ||||
| Operating income (loss): | (46,745) | 26,010 | (818,518) | ||
| Nonoperating income (expense) | 14,223 | 229,113 | |||
| Investment income, nonoperating | 30,213 | 1,245 | |||
| Other nonoperating income (expense) | 5,087 | ||||
| Interest and debt expense | (19,637) | (4,928) | (5,184) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (52,159) | 21,082 | (594,589) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (273,749) | 5,184 | |||
| Loss from continuing operations before income taxes: | (52,159) | (252,667) | (589,405) | ||
| Income tax expense (benefit) | (10,138) | 14,968 | 2,373 | ||
| Loss from continuing operations: | (62,297) | (237,699) | (587,032) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (587,032) | |
| Loss from discontinued operations | (5,087) | ||||
| Other undisclosed net income (loss) | 19,637 | 5,087 | (28) | ||
| Net loss: | (42,660) | (237,699) | (587,060) | ||
| Net income (loss) attributable to noncontrolling interest | 40 | 307 | (28) | ||
| Other undisclosed net income (loss) attributable to parent | (5,239) | 56 | |||
| Net loss attributable to parent: | (42,620) | (242,632) | (587,032) | ||
| Preferred stock dividends and other adjustments | (825) | ||||
| Other undisclosed net loss available to common stockholders, basic | (307) | ||||
| Net loss available to common stockholders, basic: | (43,445) | (242,939) | (587,032) | ||
| Other undisclosed net loss available to common stockholders, diluted | (28) | ||||
| Net loss available to common stockholders, diluted: | (43,445) | (242,939) | (587,060) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net loss: | (42,660) | (237,699) | (587,060) | ||
| Comprehensive loss: | (42,660) | (237,699) | (587,060) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 40 | ||||
| Other undisclosed comprehensive income, net of tax, attributable to parent | |||||
| Comprehensive loss, net of tax, attributable to parent: | (42,620) | (237,699) | (587,060) | ||
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.