Rocky Mountain Industrials, Inc. (RMRI) financial statements (2022 and earlier)

Company profile

Business Address 4601 DTC BLVD.
DENVER, CO 80237
State of Incorp. NV
Fiscal Year End March 31
SIC 738 - Miscellaneous Business Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
9/30/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,2371,622595288151,6082
Cash and cash equivalents4,2371,622595288151,6082
Restricted cash and investments185185218112196  
Receivables643721291038057 
Inventory, net of allowances, customer advances and progress billings45 10495424 
Inventory45 10495424 
Prepaid expense3965883851404953 
Deferred costs      237
Disposal group, including discontinued operation 5     
Other undisclosed current assets2,4463,404    (237)
Total current assets:7,9525,8768009321,1941,7412
Noncurrent Assets
Operating lease, right-of-use asset34242520
Inventory, real estate6,9996,930     
Property, plant and equipment2,5072,6735,3583,2613,8273,679 
Intangible assets, net (including goodwill)5665306414141 
Goodwill  306414141 
Intangible assets, net (excluding goodwill)5665     
Regulated entity, other noncurrent assets2355     
Deposits noncurrent assets112111     
Other undisclosed noncurrent assets49216,9255,4143,66381240
Total noncurrent assets:9,78110,09613,1098,7157,5313,801240
TOTAL ASSETS:17,73315,97213,9099,6478,7245,542242
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,0922,2662,5041,0587221,3711,478
Accounts payable1,1336101,300875608947672
Accrued liabilities2366471,065182114424806
Interest and dividends payable1,7231,009140    
Debt4,7374,4742,778361224246 
Due to related parties    2022,3681,149
Other liabilities 424     
Other undisclosed current liabilities1,2481,3111,2101,3152,2903,206 
Total current liabilities:9,0768,4766,4922,7343,4377,1912,627
Noncurrent Liabilities
Long-term debt and lease obligation4619521,516 2,2781,582 
Long-term debt, excluding current maturities4619521,516 2,2471,517 
Capital lease obligations 3165 
Liabilities, other than long-term debt1281201091016647 
Deferred rent credit   4015
Asset retirement obligations128120109615147 
Other undisclosed noncurrent liabilities34242720 283427 
Total noncurrent liabilities:6231,3142,3451012,6282,056 
Total liabilities:9,7009,7898,8372,8356,0659,2462,627
Stockholders' equity
Stockholders' equity attributable to parent, including:8,033(5,709)5,0726,6732,848(3,759)(2,384)
Preferred stock  4,327    
Additional paid in capital57,38051,65849,27642,10230,2385,664107
Retained earnings (accumulated deficit)(61,239)(57,368)(48,572)(35,429)(27,429)(9,460)2,528
Other undisclosed stockholders' equity attributable to parent11,893 41 3937(5,020)
Stockholders' equity attributable to noncontrolling interest   99(188)55 
Other undisclosed stockholders' equity 11,893 40   
Total stockholders' equity:8,0336,1835,0726,8122,659(3,704)(2,384)
TOTAL LIABILITIES AND EQUITY:17,73315,97213,9099,6478,7245,542242

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

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
9/30/2015
Revenues2,5816802,0911,4301,060419 
Cost of revenue
(Cost of Goods and Services Sold)
(2,131)(699)(1,878)(1,304)(962)(385) 
Gross profit:450(19)2131269934 
Operating expenses    (5,472)(5,314)(2,534)
Other undisclosed operating income (loss)(11,856)(12,133)(12,337)(8,835)  6
Operating loss:(11,406)(12,152)(12,125)(8,709)(5,374)(5,280)(2,528)
Nonoperating income
(Other Nonoperating income)
439  1,000   
Interest and debt expense    (12,083)  
Loss from continuing operations before equity method investments, income taxes:(10,967)(12,152)(12,125)(7,709)(17,457)(5,280)(2,528)
Other undisclosed income (loss) from continuing operations before income taxes10,0145,619(428)(516)(750)(270) 
Loss from continuing operations before income taxes:(953)(6,533)(12,553)(8,225)(18,206)(5,550)(2,528)
Income tax expense (benefit)  1 (5)(2) 
Loss before gain (loss) on sale of properties:(953)(6,533)(12,552)(8,225)(18,212)(5,552)(2,528)
Other undisclosed net loss (1,394)     
Net loss:(953)(7,926)(12,552)(8,225)(18,212)(5,552)(2,528)
Net income (loss) attributable to noncontrolling interest   (11)243110 
Other undisclosed net income attributable to parent800  22   
Net loss available to common stockholders, diluted:(153)(7,926)(12,552)(8,214)(17,969)(5,442)(2,528)

Comprehensive Income ($ in thousands)

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
9/30/2015
Net loss:(953)(7,926)(12,552)(8,225)(18,212)(5,552)(2,528)
Comprehensive loss:(953)(7,926)(12,552)(8,225)(18,212)(5,552)(2,528)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest   (11)243110 
Comprehensive loss, net of tax, attributable to parent:(953)(7,926)(12,552)(8,236)(17,969)(5,442)(2,528)

Statements sources

The financial statements are based on the company's filings with the 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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