Modern Media Acquisition Corp. (MMDM) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
3414 PEACHTREE ROAD ATLANTA, GA 30326 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| Industry (SIC) | 4832 - Radio Broadcasting Stations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 6/30/2019 MRQ | 3/31/2019 | 3/31/2018 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 115,529 | 558,398 | |||
| Cash and cash equivalents | 115,529 | 558,398 | |||
| Other undisclosed current assets | 41,250 | 42,083 | |||
| Total current assets: | 156,779 | 600,481 | |||
| Noncurrent Assets | |||||
| Asset, held-in-trust | 152,420,927 | 210,502,923 | |||
| Total noncurrent assets: | 152,420,927 | 210,502,923 | |||
| TOTAL ASSETS: | 152,577,706 | 211,103,404 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities, including: | 1,911,055 | 97,627 | |||
| Taxes payable | 59,223 | 435,503 | |||
| Other undisclosed accounts payable and accrued liabilities | 1,851,832 | (337,876) | |||
| Due to related parties | 491,419 | ||||
| Other undisclosed current liabilities | 59,223 | 435,503 | |||
| Total current liabilities: | 2,461,697 | 533,130 | |||
| Noncurrent Liabilities | |||||
| Other undisclosed noncurrent liabilities | 8,085,000 | 8,085,000 | |||
| Total noncurrent liabilities: | 8,085,000 | 8,085,000 | |||
| Total liabilities: | 10,546,697 | 8,618,130 | |||
| Temporary equity, carrying amount | 137,031,005 | 197,485,269 | |||
| Equity | |||||
| Equity, attributable to parent | 5,000,004 | 5,000,005 | |||
| Common stock | 641 | 632 | |||
| Additional paid in capital | 3,901,718 | 4,549,828 | |||
| Retained earnings | 1,097,645 | 449,545 | |||
| Total equity: | 5,000,004 | 5,000,005 | |||
| TOTAL LIABILITIES AND EQUITY: | 152,577,706 | 211,103,404 | |||
Income Statement (P&L) (USD)
| 6/30/2019 TTM | 3/31/2019 | 3/31/2018 | ||
|---|---|---|---|---|
| Operating expenses | (300,000) | (300,000) | ||
| Other undisclosed operating loss | (2,160,342) | (370,812) | ||
| Operating loss: | (2,460,342) | (670,812) | ||
| Loss from continuing operations before equity method investments, income taxes: | (2,460,342) | (670,812) | ||
| Other undisclosed income from continuing operations before income taxes | 3,881,672 | 1,558,909 | ||
| Income from continuing operations before income taxes: | 1,421,330 | 888,097 | ||
| Income tax expense | (773,230) | (435,503) | ||
| Income from continuing operations: | 648,100 | 452,594 | ||
| Income before gain (loss) on sale of properties: | 648,100 | 452,594 | ||
| Net income available to common stockholders, diluted: | 648,100 | 452,594 | ||
Comprehensive Income (USD)
| 6/30/2019 TTM | 3/31/2019 | 3/31/2018 | ||
|---|---|---|---|---|
| Net income: | 648,100 | 452,594 | ||
| Comprehensive income, net of tax, attributable to parent: | 648,100 | 452,594 | ||
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.