Rocky Mountain High Brands, Inc. (RMHB) Financial Statements (2024 and earlier)

Company Profile

Business Address 1000 SHILOH RD.
PLANO, TX 75074
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 208 - Beverages (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

6/30/2020
MRQ
12/31/2019
12/31/2018
6/30/2017
6/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 6861492102
Cash and cash equivalents 6861492102
Inventory, net of allowances, customer advances and progress billings 238147225290
Inventory 238147225290
Prepaid expense 31   
Intangible current assets 31   
Other undisclosed current assets 1304058381,737
Total current assets: 4991,1661,1542,130
Noncurrent Assets
Property, plant and equipment 19344892
Intangible assets, net (including goodwill) 13   
Intangible assets, net (excluding goodwill) 13   
Other undisclosed noncurrent assets 5141,3411,2312,163
Total noncurrent assets: 5461,3751,2792,255
TOTAL ASSETS: 1,0452,5412,4334,385
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 1,14350538358
Employee-related liabilities 5223  
Accounts payable 441309  
Accrued liabilities 96 38358
Other undisclosed accounts payable and accrued liabilities 555174  
Deferred revenue 446
Debt 1,009667733598
Derivative instruments and hedges, liabilities 404   
Other undisclosed current liabilities 1669067,4683,076
Total current liabilities: 3,1682,0788,5843,732
Noncurrent Liabilities
Liabilities, other than long-term debt  3726 
Due to related parties  3726 
Other undisclosed noncurrent liabilities (5,241)   
Total noncurrent liabilities: (5,241)3726 
Total liabilities: (2,073)2,1158,6103,732
Equity
Equity, attributable to parent, including: (2,622)(703)(7,304)(1,477)
Preferred stock   11
Common stock 1381,892787538
Additional paid in capital 37,52832,42418,06314,861
Accumulated deficit (40,285)(35,018)(26,155)(16,878)
Other undisclosed equity, attributable to parent (4)  1
Other undisclosed equity 5,241   
Total equity: 2,619(703)(7,304)(1,477)
Other undisclosed liabilities and equity  (37)(26) 
TOTAL LIABILITIES AND EQUITY: 5461,3751,2792,255

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

6/30/2020
TTM
12/31/2019
12/31/2018
6/30/2017
6/30/2016
Revenues 205 4021,075
Revenue, net4021,075
Net investment income (5,271)(3,356)  
Cost of revenue (611)(386)(151)(409)
Cost of goods and services sold (611)(25)(151)(409)
Other undisclosed gross profit (130)354(101)(726)
Gross profit: (536)(32)150(59)
Operating expenses (3,859)(4,523)(7,265)(3,649)
Operating loss: (4,395)(4,555)(7,115)(3,709)
Nonoperating income (expense) 876(1,199)2,161(6,034)
Debt instrument, convertible, beneficial conversion feature 745   
Interest and debt expense (532)(893)(1,044)(3,145)
Loss from continuing operations before income taxes: (4,051)(6,647)(5,998)(12,888)
Income tax expense (benefit) 5,2713,3569,276(2,326)
Income (loss) from continuing operations: 1,219(3,291)3,278(15,214)
Income (loss) before gain (loss) on sale of properties: 1,083(3,291)3,278(15,214)
Loss from discontinued operations (136)   
Other undisclosed net income (loss) (6,354)(65)(12,554)17,540
Net income (loss): (5,271)(3,356)(9,276)2,326
Net income attributable to noncontrolling interest 4   
Net income (loss) available to common stockholders, diluted: (5,267)(3,356)(9,276)2,326

Comprehensive Income ($ in thousands)

6/30/2020
TTM
12/31/2019
12/31/2018
6/30/2017
6/30/2016
Net income (loss): (5,271)(3,356)(9,276)2,326
Comprehensive income (loss): (5,271)(3,356)(9,276)2,326
Comprehensive income, net of tax, attributable to noncontrolling interest 4   
Comprehensive income (loss), net of tax, attributable to parent: (5,267)(3,356)(9,276)2,326

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: