MJ Holdings, Inc. (MJNE) financial statements (2021 and earlier)

Company profile

Business Address 7320 S. RAINBOW BLVD
LAS VEGAS, NV 89139
State of Incorp. NV
Fiscal Year End December 31
SIC 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1582871881735052,472969
Cash and cash equivalents813738235052,472969
Short-term investments150150150150   
Receivables1772012223 
Inventory, net of allowances, customer advances and progress billings    1,7461,7461,746
Inventory    1,7461,7461,746
Prepaid expense339339339477550696409
Other current assets   156   
Other undisclosed current assets    701301151
Total current assets:5156345478183,5245,2173,275
Noncurrent Assets
Operating lease, right-of-use asset2,0342,0882,1422,194   
Property, plant and equipment4,2734,3514,4624,5744,6784,4723,646
Intangible assets, net (including goodwill)300300300300300300300
Intangible assets, net (excluding goodwill)300300300300300300300
Deposits noncurrent assets2902902902901,031517194
Other undisclosed noncurrent assets    1,3031,4871,519
Total noncurrent assets:6,8977,0297,1947,3587,3126,7765,659
TOTAL ASSETS:7,4117,6637,7418,17610,83611,9938,934
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,8531,6201,2821,076752750730
Other undisclosed accounts payable and accrued liabilities1,8531,6201,2821,076752750730
Deferred revenue539      
Debt1801,2441,2411,250488431718
Due to related parties200200110    
Other liabilities432533463    
Other undisclosed current liabilities240804684679342640477
Total current liabilities:3,4454,4013,7803,0041,5821,8201,925
Noncurrent Liabilities
Long-term debt and lease obligation3,8852,9383,0053,0611,9571,9681,783
Long-term debt, excluding current maturities1,9349249329301,9571,9681,783
Operating lease, liability1,9512,0142,0732,131   
Liabilities, other than long-term debt      85
Due to related parties      85
Other undisclosed noncurrent liabilities(1,951)(2,014)(2,073) 1,3231,3641,319
Total noncurrent liabilities:3,8852,9383,0053,0613,2803,3323,187
Total liabilities:7,3297,3396,7856,0654,8635,1525,112
Stockholders' equity
Stockholders' equity attributable to parent, including:1934331,0632,2155,9736,8413,822
Common stock66666665655251
Additional paid in capital18,24418,24418,23418,17817,80811,68110,938
Accumulated deficit(18,241)(17,877)(17,247)(16,038)(12,131)(10,091)(8,517)
Other undisclosed stockholders' equity attributable to parent125 10102325,1991,350
Stockholders' equity attributable to noncontrolling interest(111)(109)(106)(104)(28)  
Other undisclosed stockholders' equity    28  
Total stockholders' equity:823249572,1115,9736,8413,822
TOTAL LIABILITIES AND EQUITY:7,4117,6637,7418,17610,83611,9938,934

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

9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
Revenues17467456(300)419199580
Cost of revenue   (302)(346)(23)(516)
Gross profit:17467456(602)7217564
Operating expenses(514)(646)(1,622)(2,963)(2,456)(1,741)(1,189)
Other undisclosed operating income   30234623516
Operating loss:(341)(579)(1,166)(3,263)(2,037)(1,543)(609)
Nonoperating expense(25)(54)(44)(720)(24)(38)(38)
Investment income, nonoperating555 510
Interest and debt expense(29)  (30)  (32)
Other undisclosed income from continuing operations before equity method investments, income taxes29      
Loss from continuing operations before equity method investments, income taxes:(366)(633)(1,211)(4,013)(2,062)(1,581)(679)
Other undisclosed income from continuing operations before income taxes   30   
Net loss:(366)(633)(1,211)(3,983)(2,062)(1,581)(679)
Net loss attributable to noncontrolling interest(2)      
Other undisclosed net income attributable to parent3     32
Net loss attributable to parent:(364)(633)(1,211)(3,983)(2,062)(1,581)(646)
Other undisclosed net income available to common stockholders, basic 3276226 
Net loss available to common stockholders, diluted:(364)(630)(1,208)(3,907)(2,040)(1,574)(646)

Comprehensive Income ($ in thousands)

9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
Net loss:(366)(633)(1,211)(3,983)(2,062)(1,581)(679)
Comprehensive loss:(366)(633)(1,211)(3,983)(2,062)(1,581)(679)
Comprehensive loss, net of tax, attributable to noncontrolling interest(2)      
Comprehensive loss, net of tax, attributable to parent:(368)(633)(1,211)(3,983)(2,062)(1,581)(679)

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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