MJ Holdings, Inc. (MJNE) Financial Statements (2024 and earlier)

Company Profile

Business Address 2580 S. SORREL ST.,
LAS VEGAS, NV 89146
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2492561,3412,0222,8293,321
Cash and cash equivalents2492561,3412,0222,8293,321
Receivables338276223776708692
Inventory, net of allowances, customer advances and progress billings   (1,770)(1,770)(1,770)(1,770)
Inventory   (1,770)(1,770)(1,770)(1,770)
Prepaid expense 763156 3
Other current assets     375 
Other undisclosed current assets   1,7701,7701,7701,735
Total current assets:5865391,6262,9533,9123,981
Noncurrent Assets
Property, plant and equipment2,4502,5072,4952,5432,4902,512
Intangible assets, net (including goodwill)    1,452  
Goodwill    1,452  
Deposits noncurrent assets1,2501,2501,0101,0161,0161,016
Total noncurrent assets:3,7003,7573,5055,0113,5063,529
TOTAL ASSETS:4,2864,2975,1317,9657,4197,510
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:8427421,3122,1471,5681,655
Accrued liabilities327277277   
Other undisclosed accounts payable and accrued liabilities5154651,0352,1471,5681,655
Deferred revenue2201,3601,3601,3601,3601,735
Debt   9869961,0081,020
Other liabilities 5151    
Other undisclosed current liabilities9761,735499360360360
Total current liabilities:2,0903,8884,1574,8644,2974,771
Noncurrent Liabilities
Long-term debt and lease obligation856  686686686
Long-term debt, excluding current maturities856     
Liabilities, other than long-term debt 599576599   
Operating lease, liability 599576599686686686
Other undisclosed noncurrent liabilities    (686)(686)(686)
Total noncurrent liabilities:1,454576599686686686
Other undisclosed liabilities  0    
Total liabilities:3,5444,4644,7565,5504,9835,457
Equity
Equity, attributable to parent, including:855(55)4872,5272,5482,165
Common stock797979797272
Additional paid in capital22,26122,26122,26122,26120,28720,287
Accumulated deficit(21,485)(22,395)(21,853)(19,813)(17,810)(18,193)
Other undisclosed equity, attributable to parent000000
Equity, attributable to noncontrolling interest(112)(112)(112)(112)(112)(112)
Other undisclosed equity  (0)    
Total equity:742(167)3752,4152,4352,053
TOTAL LIABILITIES AND EQUITY:4,2864,2975,1317,9657,4197,510

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

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues11941(411)7132944
Gain on disposition of assets for financial service operations      44
Gross profit:11941(411)7132944
Operating expenses(537)(605)469(2,826)(117)(1,812)
Other undisclosed operating loss      (13)
Operating income (loss):(418)(564)58(2,113)(89)(1,780)
Nonoperating income (expense)1,32722(2,098)110(28)60
Investment income, nonoperating    352724
Other nonoperating income 995     
Interest and debt expense365(8)(20)(19)(14)(26)
Income (loss) from continuing operations before equity method investments, income taxes:1,274(550)(2,060)(2,021)(131)(1,747)
Other undisclosed income (loss) from continuing operations before income taxes(365)820191426
Income (loss) from continuing operations:909(542)(2,040)(2,003)(117)(1,720)
Loss before gain (loss) on sale of properties:(2,003)(117)(1,720)
Net income (loss) available to common stockholders, diluted:909(542)(2,040)(2,003)(117)(1,720)

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income (loss):909(542)(2,040)(2,003)(117)(1,720)
Comprehensive income (loss), net of tax, attributable to parent:909(542)(2,040)(2,003)(117)(1,720)

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.

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