Jacksam Corp (JKSM) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
3100 AIRWAY AVENUE COSTA MESA, CA 92626 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4833 - Television Broadcasting Stations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 9/30/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 483 | 345 | 490 | 454 | 1,074 | ||||
| Cash and cash equivalents | 483 | 345 | 490 | 454 | 1,074 | ||||
| Receivables | 591 | 293 | 25 | ||||||
| Inventory, net of allowances, customer advances and progress billings | 214 | 197 | 189 | 190 | 764 | ||||
| Inventory | 214 | 197 | 189 | 190 | 764 | ||||
| Prepaid expense | 42 | 9 | 148 | 252 | 38 | 5 | |||
| Other undisclosed current assets | 106 | ||||||||
| Total current assets: | 739 | 1,141 | 1,120 | 1,001 | 1,901 | 5 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 78 | 9 | ✕ | ✕ | |||||
| Property, plant and equipment | 1 | 1 | 3 | 14 | |||||
| Other undisclosed noncurrent assets | 13 | ||||||||
| Total noncurrent assets: | 78 | 1 | 3 | 23 | 14 | ||||
| TOTAL ASSETS: | 817 | 1,143 | 1,124 | 1,023 | 1,916 | 5 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 559 | 642 | 681 | 697 | 538 | 375 | |||
| Interest and dividends payable | ✕ | ✕ | 38 | 354 | |||||
| Accounts payable | 14 | 179 | 21 | ||||||
| Accrued liabilities | 1,812 | 2,264 | 1,696 | 1,642 | 1,642 | ||||
| Other undisclosed accounts payable and accrued liabilities | (1,253) | (1,674) | (1,194) | (945) | (1,105) | ||||
| Deferred revenue | 1,128 | 172 | 1,024 | ✕ | ✕ | ||||
| Debt | 159 | 88 | 109 | 145 | 71 | ||||
| Deferred compensation liability | 907 | ||||||||
| Derivative instruments and hedges, liabilities | 492 | 326 | 1,305 | ||||||
| Due to related parties | 1,220 | ||||||||
| Other undisclosed current liabilities | 2,701 | 3,466 | 3,561 | 4,569 | 4,861 | ||||
| Total current liabilities: | 5,038 | 4,693 | 6,681 | 5,411 | 6,376 | 1,595 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 159 | 88 | 148 | ||||||
| Long-term debt, excluding current maturities | 159 | 88 | 148 | ||||||
| Liabilities, other than long-term debt | 46 | 220 | |||||||
| Accounts payable and accrued liabilities | |||||||||
| Other liabilities | 220 | ||||||||
| Operating lease, liability | 46 | ✕ | ✕ | ||||||
| Other undisclosed noncurrent liabilities | 421 | 617 | |||||||
| Total noncurrent liabilities: | 626 | 705 | 148 | 220 | |||||
| Total liabilities: | 5,664 | 5,398 | 6,829 | 5,631 | 6,376 | 1,595 | |||
| Temporary equity, carrying amount | 272 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | (5,119) | (4,514) | (5,705) | (4,608) | (4,461) | (1,590) | |||
| Common stock | 81 | 74 | 66 | 63 | 48 | 33 | |||
| Additional paid in capital | 7,452 | 6,210 | 4,708 | 3,396 | 11 | 10,115 | |||
| Accumulated deficit | (12,652) | (11,131) | (11,125) | (8,067) | (4,519) | (11,738) | |||
| Other undisclosed equity, attributable to parent | 0 | 332 | 645 | ||||||
| Other undisclosed equity | 259 | ||||||||
| Total equity: | (5,119) | (4,255) | (5,705) | (4,608) | (4,461) | (1,590) | |||
| TOTAL LIABILITIES AND EQUITY: | 817 | 1,143 | 1,124 | 1,023 | 1,916 | 5 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 9/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,128 | 6,749 | 3,282 | 4,591 | 6,629 | |||
| Gain (loss) on disposition of assets for financial service operations | 2 | 1,400 | 1,205 | 1,303 | ✕ | |||
| Cost of revenue | (3,298) | (4,861) | (1,789) | (3,585) | (4,859) | |||
| Cost of goods and services sold | (3,298) | (4,861) | (1,789) | (3,585) | (129) | |||
| Gross profit: | 831 | 1,888 | 1,493 | 1,006 | 1,770 | |||
| Operating expenses | (1,931) | (2,526) | (1,882) | (4,524) | (3,567) | (4) | ||
| Operating loss: | (1,101) | (637) | (389) | (3,518) | (1,797) | (4) | ||
| Nonoperating income (expense) | 57 | 632 | (2,670) | (27) | (142) | (49) | ||
| Other nonoperating income (expense) | 57 | 632 | (14) | (142) | ||||
| Interest and debt expense | (191) | (870) | (399) | (89) | (136) | (49) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 3,264 | 2,570 | 4,994 | 3,776 | 2,749 | |||
| Income (loss) from continuing operations before income taxes: | 2,030 | 1,694 | 1,536 | 142 | 673 | (101) | ||
| Income tax expense | (1) | (1) | ||||||
| Other undisclosed income from continuing operations | 49 | |||||||
| Income (loss) from continuing operations: | 2,030 | 1,694 | 1,536 | 141 | 672 | (53) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 1,694 | 1,536 | 141 | 672 | (53) | ||
| Net income (loss): | 2,030 | 1,694 | 1,536 | 141 | 672 | (53) | ||
| Other undisclosed net loss attributable to parent | (3,551) | (1,700) | (4,595) | (3,686) | (2,612) | (0) | ||
| Net loss attributable to parent: | (1,521) | (5) | (3,059) | (3,545) | (1,940) | (53) | ||
| Other undisclosed net loss available to common stockholders, basic | (93) | (7) | ||||||
| Net loss available to common stockholders, basic: | (1,614) | (13) | (3,059) | (3,545) | (1,940) | (53) | ||
| Interest on convertible debt | 98 | 847 | 116 | |||||
| Other undisclosed net income available to common stockholders, diluted | ||||||||
| Net income (loss) available to common stockholders, diluted: | (1,516) | 834 | (3,059) | (3,545) | (1,824) | (53) | ||
Comprehensive Income ($ in thousands)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 9/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 2,030 | 1,694 | 1,536 | 141 | 672 | (53) | ||
| Other comprehensive loss | (53) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 2,030 | 1,694 | 1,536 | 141 | 672 | (105) | ||
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.