Rocky Mountain Industrials, Inc. (RMRI) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
4601 DTC BLVD. DENVER, CO 80237 |
| State of Incorp. | NV |
| Fiscal Year End | March 31 |
| Industry (SIC) | 738 - Miscellaneous Business Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2023 MRQ | 3/31/2023 | 12/31/2022 MRQ | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,529 | 4,081 | 3,238 | 1,622 | 59 | 528 | |||
| Cash and cash equivalents | 3,529 | 4,081 | 3,238 | 1,622 | 59 | 528 | |||
| Restricted cash and investments | 186 | 186 | 185 | 218 | 112 | ||||
| Receivables | 54 | 80 | 127 | 72 | 129 | 103 | |||
| Inventory, net of allowances, customer advances and progress billings | 102 | 104 | 25 | 10 | 49 | ||||
| Inventory | 102 | 104 | 25 | 10 | 49 | ||||
| Prepaid expense | 1,252 | 1,592 | 679 | 588 | 385 | 140 | |||
| Disposal group, including discontinued operation | 5 | ||||||||
| Other undisclosed current assets | 2,462 | 2,234 | 2,353 | 3,404 | |||||
| Total current assets: | 7,584 | 8,091 | 6,609 | 5,876 | 800 | 932 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 418 | 437 | 242 | 520 | ✕ | ||||
| Inventory, real estate | 14,940 | 10,983 | 6,974 | 6,930 | |||||
| Property, plant and equipment | 2,234 | 2,289 | 2,445 | 2,673 | 5,358 | 3,261 | |||
| Intangible assets, net (including goodwill) | 41 | 44 | 53 | 65 | 306 | 41 | |||
| Goodwill | 306 | 41 | |||||||
| Intangible assets, net (excluding goodwill) | 41 | 44 | 53 | 65 | |||||
| Regulated entity, other noncurrent assets | 55 | ||||||||
| Deposits noncurrent assets | 35 | 35 | 121 | 111 | |||||
| Restricted cash and investments | 186 | 186 | 186 | ||||||
| Other undisclosed noncurrent assets | 66 | 67 | 71 | 21 | 6,925 | 5,414 | |||
| Total noncurrent assets: | 17,919 | 14,041 | 9,849 | 10,096 | 13,109 | 8,715 | |||
| TOTAL ASSETS: | 25,503 | 22,132 | 16,458 | 15,972 | 13,909 | 9,647 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 9,467 | 7,127 | 2,501 | 2,266 | 2,504 | 1,058 | |||
| Interest and dividends payable | ✕ | 1,743 | 1,609 | 1,201 | 1,009 | 140 | |||
| Accounts payable | 7,576 | 5,296 | 1,104 | 610 | 1,300 | 875 | |||
| Accrued liabilities | 148 | 222 | 196 | 647 | 1,065 | 182 | |||
| Debt | 41 | 51 | 235 | 4,474 | 2,778 | 361 | |||
| Other liabilities | 424 | ||||||||
| Other undisclosed current liabilities | 1,956 | 1,801 | 1,368 | 1,311 | 1,210 | 1,315 | |||
| Total current liabilities: | 11,464 | 8,979 | 4,104 | 8,476 | 6,492 | 2,734 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 13,513 | 10,702 | 5,168 | 952 | 1,516 | ||||
| Long-term debt, excluding current maturities | 13,513 | 10,702 | 5,168 | 952 | 1,516 | ||||
| Liabilities, other than long-term debt | 551 | 565 | 132 | 120 | 109 | 101 | |||
| Deferred rent credit | 40 | ||||||||
| Asset retirement obligations | 145 | 141 | 132 | 120 | 109 | 61 | |||
| Operating lease, liability | 407 | 424 | ✕ | ||||||
| Other undisclosed noncurrent liabilities | 242 | 720 | |||||||
| Total noncurrent liabilities: | 14,064 | 11,268 | 5,299 | 1,314 | 2,345 | 101 | |||
| Total liabilities: | 25,529 | 20,246 | 9,403 | 9,789 | 8,837 | 2,835 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (26) | 1,885 | 7,055 | (5,709) | 5,072 | 6,673 | |||
| Preferred stock | 4,327 | ||||||||
| Additional paid in capital | 60,784 | 60,620 | 58,972 | 51,658 | 49,276 | 42,102 | |||
| Accumulated deficit | (72,703) | (70,628) | (63,811) | (57,368) | (48,572) | (35,429) | |||
| Other undisclosed equity, attributable to parent | 11,893 | 11,893 | 11,893 | 41 | |||||
| Equity, attributable to noncontrolling interest | 99 | ||||||||
| Other undisclosed equity | 11,893 | 40 | |||||||
| Total equity: | (26) | 1,885 | 7,055 | 6,183 | 5,072 | 6,812 | |||
| TOTAL LIABILITIES AND EQUITY: | 25,503 | 22,132 | 16,458 | 15,972 | 13,909 | 9,647 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2023 TTM | 3/31/2023 | 12/31/2022 TTM | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Other undisclosed income before gain (loss) on sale of properties | ✕ | ✕ | 400 | ✕ | ✕ | |||
| Revenues | 828 | 2,933 | 2,778 | 680 | 2,091 | 1,430 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (1,169) | (2,758) | (2,371) | (699) | (1,878) | (1,304) | ||
| Gross profit: | (341) | 176 | 407 | (19) | 213 | 126 | ||
| Other undisclosed operating loss | (6,939) | (26,265) | (11,650) | (12,133) | (12,337) | (8,835) | ||
| Operating loss: | (7,281) | (26,089) | (11,244) | (12,152) | (12,125) | (8,709) | ||
| Nonoperating income (Other Nonoperating income) | 1,000 | |||||||
| Interest and debt expense | 439 | |||||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 439 | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (7,281) | (25,651) | (10,805) | (12,152) | (12,125) | (7,709) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (1,067) | 2,897 | 4,154 | 5,619 | (428) | (516) | ||
| Loss from continuing operations before income taxes: | (8,347) | (22,754) | (6,651) | (6,533) | (12,553) | (8,225) | ||
| Income tax expense (benefit) | (2) | 1 | ||||||
| Other undisclosed loss from continuing operations | ||||||||
| Loss from continuing operations: | (8,350) | (22,754) | (6,651) | (6,533) | (12,552) | (8,225) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (20,562) | (6,251) | (6,533) | (12,552) | (8,225) | ||
| Income from discontinued operations | 400 | |||||||
| Other undisclosed net loss | (1,394) | |||||||
| Net loss: | (8,350) | (22,354) | (6,251) | (7,926) | (12,552) | (8,225) | ||
| Net loss attributable to noncontrolling interest | (11) | |||||||
| Other undisclosed net income attributable to parent | 20,766 | 22 | ||||||
| Net loss available to common stockholders, diluted: | (8,350) | (1,588) | (6,251) | (7,926) | (12,552) | (8,214) | ||
Comprehensive Income ($ in thousands)
| 6/30/2023 TTM | 3/31/2023 | 12/31/2022 TTM | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (8,350) | (22,354) | (6,251) | (7,926) | (12,552) | (8,225) | ||
| Comprehensive loss: | (8,350) | (22,354) | (6,251) | (7,926) | (12,552) | (8,225) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (11) | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (8,350) | (22,354) | (6,251) | (7,926) | (12,552) | (8,236) | ||
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.