RiskOn International, Inc. (ROII) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
11411 SOUTHERN HIGHLANDS PARKWAY LAS VEGAS, NV 89141 |
| State of Incorp. | NV |
| Fiscal Year End | March 31 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 | 12/31/2023 MRQ | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 9,326 | 67 | 408 | 1,316 | 406 | 244 | |||
| Cash and cash equivalents | 101 | 67 | 408 | 1,316 | 406 | 244 | |||
| Short-term investments | 9,225 | ||||||||
| Restricted cash and investments | 250 | ||||||||
| Receivables | 63 | 277 | 172 | 520 | |||||
| Inventory, net of allowances, customer advances and progress billings | 1,643 | 107 | 122 | ||||||
| Inventory | 1,643 | 107 | 122 | ||||||
| Prepaid expense | 61 | 1,565 | 1,995 | 676 | 900 | ||||
| Disposal group, including discontinued operation | 61 | 1,298 | 188 | 23 | |||||
| Asset, held-for-sale, not part of disposal group | 1,298 | 483 | |||||||
| Intangible current assets | 6,204 | ||||||||
| Other undisclosed current assets | 316 | 1,294 | 541 | 698 | |||||
| Total current assets: | 9,827 | 11,804 | 3,380 | 4,569 | 1,254 | 1,687 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 301 | 445 | 731 | ✕ | |||||
| Operating lease, right-of-use asset | 265 | 339 | 769 | 479 | ✕ | ||||
| Property, plant and equipment | 337 | 4,432 | 10,330 | 3,695 | 3,965 | 824 | |||
| Oil and gas, full cost method, property and equipment, after accumulated depletion | 6,627 | 12,352 | 6,135 | ||||||
| Intangible assets, net (including goodwill) | 5,892 | 6,204 | 8,718 | 12,290 | 12,575 | ||||
| Goodwill | 7,001 | 10,225 | 10,225 | ||||||
| Intangible assets, net (excluding goodwill) | 5,892 | 6,204 | 1,716 | 2,065 | 2,350 | ||||
| Asset, held-in-trust | 984 | 3,223 | 194 | 249 | |||||
| Disposal group, including discontinued operation, noncurrent assets | 260 | ||||||||
| Other noncurrent assets | 256 | 11 | 26 | 7 | 27 | ||||
| Other undisclosed noncurrent assets | 125 | 2,605 | 2,567 | ||||||
| Total noncurrent assets: | 7,134 | 11,971 | 32,597 | 32,022 | 23,662 | 851 | |||
| TOTAL ASSETS: | 16,961 | 23,776 | 35,977 | 36,591 | 24,916 | 2,538 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 11,736 | 7,869 | 6,114 | 8,111 | 5,451 | 2,639 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 2 | 65 | 673 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 347 | 841 | 991 | 395 | ||
| Accounts payable | 10,813 | 6,226 | 3,897 | 3,614 | 751 | 1,416 | |||
| Accrued liabilities | 922 | 1,643 | 1,868 | 3,591 | 3,036 | 828 | |||
| Deferred revenue | 795 | ✕ | |||||||
| Debt | 314 | 324 | 1,326 | 1,197 | 6,623 | 1,350 | |||
| Derivative instruments and hedges, liabilities | 436 | 6 | |||||||
| Disposal group, including discontinued operation | 1,751 | 2,952 | 228 | 34 | |||||
| Customer refund liability | 5,783 | ||||||||
| Other liabilities | 3,761 | 19,856 | |||||||
| Due to related parties | ✕ | ✕ | 578 | 4,530 | |||||
| Other undisclosed current liabilities | 11,062 | 110 | 3,540 | 6,528 | 1,111 | 2,709 | |||
| Total current liabilities: | 29,060 | 36,900 | 11,775 | 16,414 | 17,943 | 6,732 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 132 | 629 | 604 | ||||||
| Long-term debt, excluding current maturities | 132 | ||||||||
| Finance lease, liability | 150 | 295 | ✕ | ||||||
| Liabilities, other than long-term debt | 1,328 | 614 | 1,304 | 1,532 | 295 | ||||
| Asset retirement obligations | 1,304 | 1,532 | 295 | ||||||
| Disposal group, including discontinued operation, liabilities | 1,109 | 378 | |||||||
| Operating lease, liability | 219 | 236 | 479 | 309 | ✕ | ||||
| Other undisclosed noncurrent liabilities | 206 | 135 | 1,012 | 931 | |||||
| Total noncurrent liabilities: | 1,461 | 819 | 2,068 | 3,148 | 1,226 | ||||
| Total liabilities: | 30,521 | 37,720 | 13,843 | 19,562 | 19,169 | 6,732 | |||
| Equity | |||||||||
| Equity, attributable to parent | (8,002) | (9,613) | 22,734 | 17,029 | 5,747 | (4,194) | |||
| Common stock | 11 | 1 | 26 | 23 | 86 | 53 | |||
| Treasury stock, value | (1,671) | (1,671) | (1,671) | (1,671) | |||||
| Additional paid in capital | 224,229 | 199,063 | 183,246 | 167,588 | 135,355 | 113,310 | |||
| Accumulated deficit | (232,242) | (208,677) | (158,868) | (148,911) | (128,023) | (115,886) | |||
| Equity, attributable to noncontrolling interest | (5,558) | (4,331) | (599) | ||||||
| Total equity: | (13,560) | (13,944) | 22,135 | 17,029 | 5,747 | (4,194) | |||
| TOTAL LIABILITIES AND EQUITY: | 16,961 | 23,776 | 35,977 | 36,591 | 24,916 | 2,538 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 | 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | (19,078) | 25,600 | 15,563 | 581 | 1,062 | |||
| Cost of revenue | 8,256 | (264) | (13,456) | (14,727) | (259) | (699) | ||
| Cost of goods and services sold | (2,161) | (2,832) | (869) | |||||
| Policyholder dividends, expense | (4,740) | |||||||
| Other cost of operating revenue | (260) | (13,456) | ||||||
| Other undisclosed gross profit | 258 | |||||||
| Gross profit: | (10,564) | (264) | 12,144 | 836 | 322 | 363 | ||
| Operating expenses | (39,504) | (27,981) | (36,569) | (19,437) | (10,129) | (14,511) | ||
| Operating loss: | (50,068) | (28,245) | (24,425) | (18,601) | (9,807) | (14,148) | ||
| Nonoperating income (expense) | (31,960) | (29,290) | 14,132 | (2,287) | (2,332) | 2,743 | ||
| Investment income, nonoperating | (2) | (422) | 2,743 | |||||
| Other nonoperating income (expense) | (25,832) | (29,290) | 14,132 | (2,287) | ||||
| Interest and debt expense | (88) | (65) | (73) | (6,577) | (2,275) | |||
| Loss from continuing operations before equity method investments, income taxes: | (82,115) | (57,599) | (10,366) | (27,465) | (14,414) | (11,405) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (29,755) | (29,762) | (103) | 6,577 | 2,275 | |||
| Loss from continuing operations before income taxes: | (111,870) | (87,362) | (10,469) | (20,888) | (12,139) | (11,405) | ||
| Income tax expense | (85) | (2) | ||||||
| Other undisclosed income from continuing operations | 629 | |||||||
| Loss from continuing operations: | (111,870) | (87,362) | (9,925) | (20,888) | (12,139) | (11,407) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (10,102) | (20,888) | (12,137) | (13,650) | |
| Income (loss) from discontinued operations | (1,089) | (176) | 2 | (2,243) | ||||
| Other undisclosed net income | 16 | 176 | ||||||
| Net loss: | (112,944) | (87,362) | (9,925) | (20,888) | (12,137) | (13,650) | ||
| Net income attributable to noncontrolling interest | 6,639 | 5,735 | 629 | |||||
| Other undisclosed net loss attributable to parent | (1,258) | |||||||
| Net loss attributable to parent: | (106,304) | (81,627) | (10,554) | (20,888) | (12,137) | (13,650) | ||
| Preferred stock dividends and other adjustments | (193) | (484) | ||||||
| Other undisclosed net loss available to common stockholders, basic | (484) | |||||||
| Net loss available to common stockholders, basic: | (106,981) | (82,111) | (10,554) | (20,888) | (12,137) | (13,650) | ||
| Convertible preferred dividends | 4,330 | 10 | ||||||
| Other undisclosed net income available to common stockholders, diluted | 203 | |||||||
| Net loss available to common stockholders, diluted: | (102,449) | (82,101) | (10,554) | (20,888) | (12,137) | (13,650) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 | 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (112,944) | (87,362) | (9,925) | (20,888) | (12,137) | (13,650) | ||
| Other comprehensive loss | (561) | |||||||
| Other undisclosed comprehensive loss | (561) | |||||||
| Comprehensive loss: | (113,504) | (87,922) | (9,925) | (20,888) | (12,137) | (13,650) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 6,639 | 5,735 | 629 | |||||
| Comprehensive loss, net of tax, attributable to parent: | (106,865) | (82,188) | (9,296) | (20,888) | (12,137) | (13,650) | ||
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.