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 investments22,53893,698165,311
Cash and cash equivalent22,53893,698165,311
Restricted cash and investments   9,582
Receivables1,7731,3156,028
Inventory, net of allowances, customer advances and progress billings18,3728,72827,240
Inventory18,3728,72827,240
Prepaid expense3,4548,3685,896
Other current assets2,7116,044 
Other undisclosed current assets4,0155910,777
Total current assets:52,863118,211224,833
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization60,40023,07124,640
Operating lease, right-of-use asset23,65520,68928,364
Property, plant and equipment39,16615,14623,047
Long-term investments and receivables  1,147 
Due from related parties519 
Accounts and financing receivable, after allowance for credit loss  628 
Intangible assets, net (including goodwill), including:46,10199,378266,195
Goodwill   45,667
Intangible assets, net (excluding goodwill)46,10199,378222,143
Other undisclosed intangible assets, net (including goodwill)   (1,615)
Deposits noncurrent assets  1,1811,120
Other undisclosed noncurrent assets4,1811,6953,257
Total noncurrent assets:173,503162,306346,622
TOTAL ASSETS:226,366280,518571,455
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:27,34224,56041,625
Taxes payable19,062
Employee-related liabilities1,326
Accounts payable13,3394,2508,391
Accrued liabilities8,11717,7197,288
Other undisclosed accounts payable and accrued liabilities5,8862,5915,557
Debt21,94215614
Deferred compensation liability   5,167
Business combination, contingent consideration, liability4,3421,612943
Other liabilities2,005  
Due to related parties931 
Other undisclosed current liabilities32,0959,44210,938
Total current liabilities:87,72636,70258,687
Noncurrent Liabilities
Long-term debt and lease obligation114,85736,61964,561
Long-term debt, excluding current maturities29,735  
Finance lease, liability85,12236,61936,775
Liabilities, other than long-term debt30,96724,804 
Accounts payable and accrued liabilities   
Deferred income tax liabilities5,150  
Operating lease, liability25,81724,80427,787
Other undisclosed noncurrent liabilities6421,35617,889
Total noncurrent liabilities:145,88882,778110,237
Total liabilities:233,614119,480168,923
Temporary equity, including noncontrolling interest   41,456
Equity
Equity, attributable to parent, including:(7,382)161,038361,075
Common stock2,874  
Additional paid in capital100,577996,697954,103
Accumulated deficit(110,833) (593,028)
Other undisclosed equity, attributable to parent  (835,660) 
Equity, attributable to noncontrolling interest1340 
Other undisclosed equity  (0) 
Total equity:(7,248)161,038361,075
TOTAL LIABILITIES AND EQUITY:226,366280,518571,455

Income Statement (P&L) ($ in thousands)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Revenues90,96483,637173,415
Cost of revenue(58,490)(57,627)(153,182)
Cost of product and service sold(1,594)(10,926)(5,950)
Gross profit:32,47426,01020,233
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)14,9682,373
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)19,6375,087(28)
Net loss:(42,660)(237,699)(587,060)
Net income (loss) attributable to noncontrolling interest40307(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 interest40  
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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: