Mobiquity Technologies, Inc. (MOBQW) Financial Statements (2024 and earlier)

Company Profile

Business Address 35 TORRINGTON LANE
SHOREHAM, NY 11786
State of Incorp. NY
Fiscal Year End December 31
Industry (SIC) 731 - Advertising (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2215,3856021,24062456
Cash and cash equivalents2215,3856021,24062456
Receivables3413881,6993,6112,47919
Inventory, net of allowances, customer advances and progress billings      (32)
Inventory      (32)
Other undisclosed current assets591246201249
Total current assets:6215,7852,3474,8723,11593
Noncurrent Assets
Property, plant and equipment152021217 
Intangible assets, net (including goodwill), including:1,9992,6007,00111,4489,25110
Goodwill1,3531,3531,3531,353  
Intangible assets, net (excluding goodwill)6461,2475,64811,4481,81510
Other undisclosed intangible assets, net (including goodwill)    (1,353)7,435 
Other noncurrent assets      11
Other undisclosed noncurrent assets  91,3654,425 
Total noncurrent assets:2,0152,6207,03112,83513,68321
TOTAL ASSETS:2,6368,4059,37817,70616,798114
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,3032,3683,1403,9192,2311,194
Accounts payable2,3032,3682,0552,9581,255458
Accrued liabilities   1,085961975735
Deferred revenue194   
Debt 6579015661503,204
Derivative instruments and hedges, liabilities      666
Total current liabilities:2,4963,0244,0424,4852,3815,064
Noncurrent Liabilities
Long-term debt and lease obligation 1502,4632,4502,300  
Long-term debt, excluding current maturities 1502,4632,4502,300  
Total noncurrent liabilities: 1502,4632,4502,300  
Total liabilities:2,6465,4876,4926,7852,3815,064
Equity
Equity, attributable to parent, including:(11)2,9192,88710,921(2,201)(16,503)
Preferred stock      0
Common stock110936320
Treasury stock, value(1,350)(1,350)(1,350)(1,350)  
Additional paid in capital211,845201,284184,586177,334129,22344,776
Accumulated deficit(210,507)(202,445)(186,169)(171,137)(127,108)(61,298)
Other undisclosed equity, attributable to parent05,4295,8195,980(4,379) 
Equity, attributable to noncontrolling interest     663 
Other undisclosed equity     4,40211,553
Total equity:(11)2,9192,88710,9212,865(4,950)
Other undisclosed liabilities and equity     11,553 
TOTAL LIABILITIES AND EQUITY:2,6368,4059,37817,70616,798114

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

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues4,1672,6736,1849,7181,474386
Revenue, net386
Loss on disposition of assets for financial service operations     (2,223)
Cost of revenue(2,295)(1,954)(4,361)(7,298)(1,044)(684)
Cost of goods and services sold      (684)
Gross profit:1,8727181,8232,420431(298)
Operating expenses(9,214)(13,608)(13,204)(15,882)(17,258)(4,909)
Operating loss:(7,342)(12,890)(11,381)(13,462)(16,827)(5,207)
Nonoperating expense(721)(5,444)(3,648)(30,285)(41,684)(5,038)
Investment income, nonoperating   (2,997)(3,755)(23,639)3,377
Other nonoperating expense    (23,213)  
Interest and debt expense(152)(1,417)(715)(346)(10,604)(4,072)
Loss from continuing operations before equity method investments, income taxes:(8,215)(19,751)(15,745)(44,094)(69,115)(14,317)
Other undisclosed income from continuing operations before income taxes      
Loss from continuing operations before income taxes:(8,215)(19,751)(15,745)(44,094)(69,115)(14,317)
Income tax benefit      
Other undisclosed income from continuing operations   71534610,6044,072
Loss from continuing operations:(8,215)(19,751)(15,029)(43,747)(58,511)(10,245)
Loss before gain (loss) on sale of properties:(19,751)(15,029)(43,747)(58,511)(10,395)
Loss from discontinued operations      (150)
Other undisclosed net income (loss) 1521,417(3)(280) 279
Net loss:(8,062)(18,333)(15,032)(44,028)(58,511)(10,116)
Other undisclosed net income (loss) attributable to parent     (7,308)13
Net loss attributable to parent:(8,062)(18,333)(15,032)(44,028)(65,819)(10,103)
Other undisclosed net income (loss) available to common stockholders, basic    (664)673 
Net loss available to common stockholders, diluted:(8,062)(18,333)(15,032)(44,692)(65,146)(10,103)

Comprehensive Income ($ in thousands)

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net loss:(8,062)(18,333)(15,032)(44,028)(58,511)(10,116)
Comprehensive loss, net of tax, attributable to parent:(8,062)(18,333)(15,032)(44,028)(58,511)(10,116)

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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