Mannatech Incorporated (MTEX) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1410 LAKESIDE PARKWAY FLOWER MOUND, TX 75028 |
| State of Incorp. | TX |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2833 - Medicinal Chemicals and Botanical Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 7,731 | 13,777 | 24,185 | 22,207 | 24,762 | 21,845 | |||
| Cash and cash equivalents | 7,731 | 13,777 | 24,185 | 22,207 | 24,762 | 21,845 | |||
| Restricted cash and investments | 938 | 944 | 944 | 944 | 943 | 1,514 | |||
| Receivables | 556 | 641 | 432 | 1,194 | 1,175 | 397 | |||
| Inventory, net of allowances, customer advances and progress billings | 14,535 | 14,726 | 12,020 | 12,827 | 10,152 | 12,821 | |||
| Inventory | 14,535 | 14,726 | 12,020 | 12,827 | 10,152 | 12,821 | |||
| Prepaid expense | 1,100 | 1,200 | 1,100 | 1,100 | 800 | ||||
| Capitalized contract cost | |||||||||
| Other undisclosed current assets | 2,804 | 3,665 | 4,157 | 4,205 | 3,197 | 5,810 | |||
| Total current assets: | 27,664 | 34,953 | 42,838 | 42,477 | 41,029 | 42,387 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | ✕ | ||||||||
| Property, plant and equipment | 4,147 | 3,759 | 6,800 | ||||||
| Intangible assets, net (including goodwill) | 200 | ||||||||
| Intangible assets, net (excluding goodwill) | 200 | ||||||||
| Restricted cash and investments | 718 | 476 | 503 | 4,346 | 5,295 | 7,225 | |||
| Deferred income tax assets | 2,828 | 1,178 | 881 | ✕ | |||||
| Other noncurrent assets | 7,066 | 8,439 | 9,220 | 11,977 | 9,592 | 3,894 | |||
| Other undisclosed noncurrent assets | 1,611 | 1,501 | 4,236 | 5,358 | 6,126 | 1,692 | |||
| Total noncurrent assets: | 13,542 | 14,175 | 16,787 | 22,859 | 21,894 | 19,811 | |||
| TOTAL ASSETS: | 41,206 | 49,128 | 59,625 | 65,336 | 62,923 | 62,198 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 10,789 | 11,871 | 15,347 | 14,888 | 13,922 | 15,374 | |||
| Taxes payable | ✕ | ✕ | ✕ | 2,154 | 1,400 | 2,187 | 2,655 | ||
| Accounts payable | 4,010 | 4,361 | 3,969 | 4,797 | 3,526 | 6,724 | |||
| Accrued liabilities | 6,779 | 7,510 | 9,224 | 8,691 | 8,209 | 5,995 | |||
| Deferred revenue | 4,786 | 5,106 | 4,867 | 5,472 | 4,416 | ✕ | |||
| Debt | 240 | 263 | 205 | 553 | 739 | 777 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 9,505 | ||
| Other undisclosed current liabilities | 9,965 | 12,598 | 9,679 | 11,074 | 9,815 | 7,958 | |||
| Total current liabilities: | 25,780 | 29,838 | 30,098 | 31,987 | 28,892 | 33,614 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 363 | 955 | |||||||
| Long-term debt, excluding current maturities | 363 | 883 | |||||||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 72 | ||
| Liabilities, other than long-term debt | 3,986 | 5,026 | 5,052 | 7,248 | 6,217 | 2,302 | |||
| Deferred income tax liabilities | 3 | 3 | 3 | ✕ | |||||
| Other liabilities | 3,986 | 5,026 | 5,049 | 7,245 | 6,214 | 2,302 | |||
| Other undisclosed noncurrent liabilities | 956 | 88 | 63 | 129 | 176 | 3 | |||
| Total noncurrent liabilities: | 4,942 | 5,114 | 5,115 | 7,377 | 6,756 | 3,260 | |||
| Total liabilities: | 30,722 | 34,952 | 35,213 | 39,364 | 35,648 | 36,874 | |||
| Equity | |||||||||
| Equity, attributable to parent | 10,484 | 14,176 | 24,412 | 25,972 | 27,275 | 25,324 | |||
| Treasury stock, value | (20,509) | (20,679) | (18,915) | (15,186) | (9,935) | (10,170) | |||
| Additional paid in capital | 33,309 | 33,377 | 33,277 | 33,795 | 34,143 | 33,939 | |||
| Accumulated other comprehensive income (loss) | (1,015) | (208) | 2,342 | 5,150 | 3,757 | 4,337 | |||
| Retained earnings (accumulated deficit) | (1,301) | 1,686 | 7,708 | 2,213 | (690) | (2,782) | |||
| Total equity: | 10,484 | 14,176 | 24,412 | 25,972 | 27,275 | 25,324 | |||
| TOTAL LIABILITIES AND EQUITY: | 41,206 | 49,128 | 59,625 | 65,336 | 62,923 | 62,198 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 131,955 | 137,208 | 159,762 | 151,407 | 157,728 | 173,600 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 173,600 | |
| Cost of revenue | (29,090) | (33,060) | (34,149) | (35,505) | (31,550) | (34,476) | ||
| Other undisclosed gross profit | (42) | |||||||
| Gross profit: | 102,865 | 104,148 | 125,613 | 115,902 | 126,178 | 139,082 | ||
| Operating expenses | (103,829) | (104,553) | (116,564) | (111,411) | (119,745) | (139,172) | ||
| Operating income (loss): | (964) | (405) | 9,049 | 4,491 | 6,433 | (90) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (170) | (162) | (223) | 1,151 | (681) | 291 | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 4 | 88 | 66 | 83 | (16) | 288 | ||
| Income (loss) from continuing operations before income taxes: | (1,130) | (479) | 8,892 | 5,725 | 5,736 | 489 | ||
| Income tax expense (benefit) | (1,109) | (4,011) | 950 | 536 | (2,447) | (4,375) | ||
| Income (loss) from continuing operations: | (2,239) | (4,490) | 9,842 | 6,261 | 3,289 | (3,886) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 9,842 | 6,261 | 3,289 | (3,886) | |
| Net income (loss) available to common stockholders, diluted: | (2,239) | (4,490) | 9,842 | 6,261 | 3,289 | (3,886) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2,239) | (4,490) | 9,842 | 6,261 | 3,289 | (3,886) | ||
| Other comprehensive income (loss) | (807) | (2,527) | (2,808) | 19 | 14 | 8 | ||
| Other undisclosed comprehensive loss | ||||||||
| Comprehensive income (loss): | (3,046) | (7,017) | 7,034 | 6,280 | 3,303 | (3,878) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1,374 | (594) | (1,655) | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (3,046) | (7,017) | 7,034 | 7,654 | 2,709 | (5,533) | ||
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.