Mobiquity Technologies, Inc. (MOBQ) 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)
| 9/30/2023 MRQ | 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 investments | 221 | 5,385 | 602 | 1,240 | 624 | 56 | |||
| Cash and cash equivalents | 221 | 5,385 | 602 | 1,240 | 624 | 56 | |||
| Receivables | 341 | 388 | 1,699 | 3,611 | 2,479 | 19 | |||
| Inventory, net of allowances, customer advances and progress billings | (32) | ||||||||
| Inventory | (32) | ||||||||
| Other undisclosed current assets | 59 | 12 | 46 | 20 | 12 | 49 | |||
| Total current assets: | 621 | 5,785 | 2,347 | 4,872 | 3,115 | 93 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 15 | 20 | 21 | 21 | 7 | ||||
| Intangible assets, net (including goodwill), including: | 1,999 | 2,600 | 7,001 | 11,448 | 9,251 | 10 | |||
| Goodwill | 1,353 | 1,353 | 1,353 | 1,353 | |||||
| Intangible assets, net (excluding goodwill) | 646 | 1,247 | 5,648 | 11,448 | 1,815 | 10 | |||
| Other undisclosed intangible assets, net (including goodwill) | (1,353) | 7,435 | |||||||
| Deferred costs | |||||||||
| Other noncurrent assets | 11 | ||||||||
| Other undisclosed noncurrent assets | 9 | 1,365 | 4,425 | ||||||
| Total noncurrent assets: | 2,015 | 2,620 | 7,031 | 12,835 | 13,683 | 21 | |||
| TOTAL ASSETS: | 2,636 | 8,405 | 9,378 | 17,706 | 16,798 | 114 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,303 | 2,368 | 3,140 | 3,919 | 2,231 | 1,194 | |||
| Accounts payable | 2,303 | 2,368 | 2,055 | 2,958 | 1,255 | 458 | |||
| Accrued liabilities | 1,085 | 961 | 975 | 735 | |||||
| Deferred revenue | 194 | ✕ | ✕ | ||||||
| Debt | 657 | 901 | 566 | 150 | 3,204 | ||||
| Derivative instruments and hedges, liabilities | 666 | ||||||||
| Total current liabilities: | 2,496 | 3,024 | 4,042 | 4,485 | 2,381 | 5,064 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 150 | 2,463 | 2,450 | 2,300 | |||||
| Long-term debt, excluding current maturities | 150 | 2,463 | 2,450 | 2,300 | |||||
| Total noncurrent liabilities: | 150 | 2,463 | 2,450 | 2,300 | |||||
| Total liabilities: | 2,646 | 5,487 | 6,492 | 6,785 | 2,381 | 5,064 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (11) | 2,919 | 2,887 | 10,921 | (2,201) | (16,503) | |||
| Preferred stock | 0 | ||||||||
| Common stock | 1 | 1 | 0 | 93 | 63 | 20 | |||
| Treasury stock, value | (1,350) | (1,350) | (1,350) | (1,350) | |||||
| Additional paid in capital | 211,845 | 201,284 | 184,586 | 177,334 | 129,223 | 44,776 | |||
| Accumulated deficit | (210,507) | (202,445) | (186,169) | (171,137) | (127,108) | (61,298) | |||
| Other undisclosed equity, attributable to parent | 0 | 5,429 | 5,819 | 5,980 | (4,379) | ||||
| Equity, attributable to noncontrolling interest | 663 | ||||||||
| Other undisclosed equity | 4,402 | 11,553 | |||||||
| Total equity: | (11) | 2,919 | 2,887 | 10,921 | 2,865 | (4,950) | |||
| Other undisclosed liabilities and equity | 11,553 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 2,636 | 8,405 | 9,378 | 17,706 | 16,798 | 114 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,167 | 2,673 | 6,184 | 9,718 | 1,474 | 386 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 386 | |
| 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: | 1,872 | 718 | 1,823 | 2,420 | 431 | (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 | 715 | 346 | 10,604 | 4,072 | ||||
| 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) | 152 | 1,417 | (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)
| 9/30/2023 TTM | 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.