Marijuana Co of America, Inc. (MCOA) financial statements (2022 and earlier)

Company profile

Business Address 633 W. 5TH STREET
LOS ANGELES, CA 90071
State of Incorp. UT
Fiscal Year End December 31
SIC 2833 - Medicinal Chemicals and Botanical Products (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1089231,49931428019
Cash and cash equivalents1081806407514919
Short-term investments 743859239130 
Receivables1524879759
Inventory, net of allowances, customer advances and progress billings20220491103146158
Inventory20220491103146158
Prepaid expense86 465666 
Other current assets18794965623106
Other undisclosed current assets    64 
Total current assets:7351,2681,739538652292
Noncurrent Assets
Finance lease, right-of-use asset  48  
Operating lease, right-of-use asset    1215
Property, plant and equipment1221127735
Long-term investments and receivables2,3012,2332,2021,5521,344694
Long-term investments2,3012,2332,2021,5521,344694
Intangible assets, net (including goodwill)2,9262,990    
Goodwill2,9262,990    
Other undisclosed noncurrent assets333333
Total noncurrent assets:5,3525,3372,2161,5691,361717
TOTAL ASSETS:6,0876,6053,9552,1062,0131,010
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,1038525409621,3441,277
Accounts payable927706489481696748
Accrued liabilities17613627401522433
Employee-related liabilities 9247912696
Debt2,1191,0315531,4622,217478
Derivative instruments and hedges, liabilities4321,9043,5814,4263,4273,219
Due to related parties202020404040
Other liabilities    47
Other undisclosed current liabilities6961,6664156786503,147
Total current liabilities:4,3705,4735,1097,5687,6828,170
Noncurrent Liabilities
Other undisclosed noncurrent liabilities    88
Total noncurrent liabilities:    88
Total liabilities:4,3705,4735,1097,5687,6898,178
Stockholders' equity
Stockholders' equity attributable to parent, including:1,7181,133(1,155)(5,461)(5,676)(7,168)
Preferred stock    1010
Common stock6,3735,0694,7803,1371,914469
Additional paid in capital88,86287,58284,02077,68870,74168,777
Accumulated deficit(93,560)(91,796)(89,968)(86,310)(78,342)(76,469)
Other undisclosed stockholders' equity attributable to parent422781324145
Other undisclosed stockholders' equity    (0)(0)
Total stockholders' equity:1,7181,133(1,155)(5,461)(5,676)(7,168)
TOTAL LIABILITIES AND EQUITY:6,0876,6053,9552,1062,0131,010

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

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues4421735635383
Cost of revenue(378)(3)(25)(49)(37)(39)
Gross profit:641410141644
Operating expenses(1,483)(1,040)(793)(3,010)(607)(919)
Other undisclosed operating income0     
Operating loss:(1,420)(1,026)(783)(2,996)(591)(875)
Nonoperating income (expense)(345)(802)(2,875)(4,972)(1,281)688
Investment income, nonoperating (394)  240(7)
Interest and debt expense(89)(97)(68)2,538(688)(882)
Loss before gain (loss) on sale of properties:(1,854)(1,925)(3,726)(5,430)(2,560)(1,069)
Other undisclosed net loss   (2,460)  
Net loss:(1,854)(1,925)(3,726)(7,890)(2,560)(1,069)
Other undisclosed net income (loss) attributable to parent899768(78)688882
Net loss available to common stockholders, diluted:(1,765)(1,828)(3,658)(7,968)(1,872)(187)

Comprehensive Income ($ in thousands)

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net loss:(1,854)(1,925)(3,726)(7,890)(2,560)(1,069)
Comprehensive loss, net of tax, attributable to parent:(1,854)(1,925)(3,726)(7,890)(2,560)(1,069)

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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