Medican Enterprises Inc (MDCN) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3440 E. RUSSELL ROAD LAS VEGAS, NV 89120 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6799 - Investors, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 3/31/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 79,624 | |||||
| Cash and cash equivalents | 79,624 | |||||
| Deposits current assets | 33,000 | |||||
| Total current assets: | 112,624 | |||||
| Noncurrent Assets | ||||||
| TOTAL ASSETS: | 112,624 | |||||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 1,954,488 | 176,187 | ||||
| Accounts payable | 1,954,488 | 176,187 | ||||
| Debt | 176,057 | |||||
| Other liabilities | 145,578 | |||||
| Other undisclosed current liabilities | 5,749,937 | 120,701 | 103,018 | |||
| Total current liabilities: | 8,026,060 | 296,888 | 103,018 | |||
| Noncurrent Liabilities | ||||||
| Other undisclosed noncurrent liabilities | 389,397 | |||||
| Total noncurrent liabilities: | 389,397 | |||||
| Total liabilities: | 8,415,457 | 296,888 | 103,018 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | (8,302,833) | (296,888) | (103,018) | |||
| Common stock | 1,325 | |||||
| Additional paid in capital | 49,224,550 | 770,428 | 613,675 | |||
| Accumulated deficit | (57,576,152) | (613,885) | (613,885) | |||
| Other undisclosed equity, attributable to parent | 48,769 | (453,431) | (104,133) | |||
| Total equity: | (8,302,833) | (296,888) | (103,018) | |||
| TOTAL LIABILITIES AND EQUITY: | 112,624 | |||||
Income Statement (P&L) (USD)
| 3/31/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Operating expenses | (57,536,877) | (367,042) | (18,904) | ||
| Other operating income (expense), net | 9,407 | (9,437) | |||
| Other expenses | 9,407 | ||||
| Other nonrecurring (income) expense | (9,437) | ||||
| Other undisclosed operating loss | (9,407) | ||||
| Operating loss: | (57,536,877) | (367,042) | (28,341) | ||
| Nonoperating expense | (68,017) | ||||
| Gain, foreign currency transaction, before tax | 39,767 | ||||
| Other nonoperating expense | (107,784) | ||||
| Interest and debt expense | (239,434) | (9,407) | (9,437) | ||
| Loss from continuing operations before income taxes: | (57,844,328) | (376,449) | (37,778) | ||
| Income tax benefit | 19,217,294 | 6,427 | |||
| Loss from continuing operations: | (38,627,034) | (376,449) | (31,351) | ||
| Loss before gain (loss) on sale of properties: | (38,627,034) | (376,449) | (31,351) | ||
| Other undisclosed net income | 12,447 | ||||
| Net loss: | (38,627,034) | (376,449) | (18,904) | ||
| Other undisclosed net loss attributable to parent | (17,894,419) | ||||
| Net loss available to common stockholders, diluted: | (56,521,453) | (376,449) | (18,904) | ||
Comprehensive Income (USD)
| 3/31/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net loss: | (38,627,034) | (376,449) | (18,904) | ||
| Comprehensive loss: | (38,627,034) | (376,449) | (18,904) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (17,854,652) | ||||
| Comprehensive loss, net of tax, attributable to parent: | (56,481,686) | (376,449) | (18,904) | ||
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.