Mediaco Holding Inc. (MDIA) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
48 WEST 25TH STREET, THIRD FLOOR NEW YORK, NY 10010 |
| State of Incorp. | IN |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4832 - Radio Broadcasting Stations (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 | 12/31/2020 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 3,817 | 10,925 | 6,121 | 4,171 | |||
| Cash and cash equivalent | 3,817 | 10,925 | 6,121 | 4,171 | |||
| Restricted cash and investments | 1,337 | 4,376 | |||||
| Receivables | 6,675 | 8,568 | 13,756 | 8,508 | |||
| Prepaid expense | 891 | 979 | 1,238 | 1,247 | |||
| Disposal group, including discontinued operation | 1,066 | ||||||
| Intangible current assets | |||||||
| Other current assets | 1,188 | 341 | 526 | 1,274 | |||
| Total current assets: | 13,908 | 26,255 | 21,641 | 15,200 | |||
| Noncurrent Assets | |||||||
| Operating lease, right-of-use asset | 23,953 | ||||||
| Property, plant and equipment | 1,380 | 581 | 26,533 | 27,650 | |||
| Intangible assets, net (including goodwill) | 64,593 | 64,703 | 78,030 | 79,217 | |||
| Goodwill | 13,102 | 13,102 | |||||
| Intangible assets, net (excluding goodwill) | 64,593 | 64,703 | 64,928 | 66,115 | |||
| Other noncurrent assets | 15,610 | 5,166 | 22,006 | 331 | |||
| Total noncurrent assets: | 81,583 | 70,450 | 126,569 | 131,151 | |||
| TOTAL ASSETS: | 95,491 | 96,705 | 148,210 | 146,351 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 2,625 | 3,880 | 2,710 | 2,557 | |||
| Accrued liabilities | 29 | 3,008 | |||||
| Other undisclosed accounts payable and accrued liabilities | 2,596 | 872 | 2,710 | 2,557 | |||
| Deferred revenue | 557 | 825 | 2,022 | 1,535 | |||
| Debt | 6,458 | 3,573 | |||||
| Disposal group, including discontinued operation | 659 | ||||||
| Other liabilities | 65 | 35 | 1,412 | 549 | |||
| Other undisclosed current liabilities | 2,012 | 5,699 | 7,839 | 69,528 | |||
| Total current liabilities: | 11,717 | 11,098 | 13,983 | 77,742 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 5,950 | 114,436 | 47,111 | ||||
| Long-term debt, excluding current maturities | 5,950 | 97,527 | 26,935 | ||||
| Finance lease, liability | |||||||
| Liabilities, other than long-term debt | 17,610 | 6,342 | 2,085 | 1,932 | |||
| Deferred income tax liabilities | 2,775 | 2,483 | 2,069 | 1,711 | |||
| Financial instruments subject to mandatory redemption, settlement terms, share value, amount | |||||||
| Other liabilities | 502 | 51 | 16 | 221 | |||
| Operating lease, liability | 14,333 | 3,808 | 16,909 | 20,176 | |||
| Program rights obligations | |||||||
| Other undisclosed noncurrent liabilities | 7,267 | 6,316 | |||||
| Total noncurrent liabilities: | 17,610 | 12,292 | 123,788 | 55,359 | |||
| Total liabilities: | 29,327 | 23,390 | 137,771 | 133,101 | |||
| Temporary equity, including noncontrolling interest | 28,754 | 26,339 | 27,010 | 24,258 | |||
| Equity | |||||||
| Equity, attributable to parent | 37,146 | 46,715 | (16,656) | (11,080) | |||
| Additional paid in capital | 60,294 | 59,817 | 24,030 | 20,772 | |||
| Accumulated deficit | (23,148) | (13,102) | (40,686) | (31,852) | |||
| Other undisclosed equity, attributable to parent | |||||||
| Equity, attributable to noncontrolling interest | |||||||
| Other undisclosed equity | 264 | 261 | 85 | 72 | |||
| Total equity: | 37,410 | 46,976 | (16,571) | (11,008) | |||
| TOTAL LIABILITIES AND EQUITY: | 95,491 | 96,705 | 148,210 | 146,351 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|
| Revenues | 32,391 | 38,595 | 55,493 | 39,261 | ||
| Cost of revenue | (35,614) | |||||
| Cost of product and service sold | (32,633) | |||||
| Other undisclosed gross profit | ||||||
| Gross profit: | (3,223) | 38,595 | 55,493 | 39,261 | ||
| Operating expenses | (3,564) | (39,981) | (50,036) | (40,960) | ||
| Operating income (loss): | (6,787) | (1,386) | 5,457 | (1,699) | ||
| Nonoperating income (expense) | (326) | (8,073) | (11,181) | (9,493) | ||
| Other nonoperating income | 100 | 125 | ||||
| Interest and debt expense | (426) | (1,218) | (81) | (9,493) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (7,539) | (10,677) | (5,805) | (20,685) | ||
| Other undisclosed income from continuing operations before income taxes | 426 | 1,218 | 81 | 9,493 | ||
| Income (loss) from continuing operations before income taxes: | (7,113) | (9,459) | (5,724) | (11,192) | ||
| Income tax expense | (308) | (336) | (358) | (15,561) | ||
| Income (loss) from continuing operations: | (7,421) | (9,795) | (6,082) | (26,753) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (6,082) | (26,753) | |
| Income (loss) from discontinued operations | (210) | 40,709 | ||||
| Net income (loss): | (7,631) | 30,914 | (6,082) | (26,753) | ||
| Net loss attributable to noncontrolling interest | ||||||
| Other undisclosed net income attributable to parent | ||||||
| Net income (loss) attributable to parent: | (7,631) | 30,914 | (6,082) | (26,753) | ||
| Preferred stock dividends and other adjustments | (2,415) | (3,330) | (2,752) | (2,148) | ||
| Other undisclosed net loss available to common stockholders, basic | ||||||
| Net income (loss) available to common stockholders, basic: | (10,046) | 27,584 | (8,834) | (28,901) | ||
| Interest on convertible debt | ||||||
| Dilutive securities, effect on basic earnings per share | ||||||
| Net income (loss) available to common stockholders, diluted: | (10,046) | 27,584 | (8,834) | (28,901) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (7,631) | 30,914 | (6,082) | (26,753) | ||
| Comprehensive income (loss): | (7,631) | 30,914 | (6,082) | (26,753) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (7,631) | 30,914 | (6,082) | (26,753) | ||
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.