Salon Media Group Inc (SLNM) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
870 MARKET STREET SAN FRANCISCO, CA 94102 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| Industry (SIC) | 731 - Advertising (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2019 MRQ | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | 3/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 269 | 52 | 183 | 189 | 229 | 119 | |||
| Cash and cash equivalent | 269 | 52 | 183 | 189 | 229 | 119 | |||
| Receivables | (15) | 433 | 663 | 1,348 | 874 | 1,475 | |||
| Disposal group, including discontinued operation | 439 | ||||||||
| Other undisclosed current assets | 67 | 65 | 159 | 127 | 141 | 289 | |||
| Total current assets: | 760 | 550 | 1,005 | 1,664 | 1,244 | 1,883 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 359 | 305 | 69 | 60 | 54 | ||||
| Disposal group, including discontinued operation, noncurrent assets | 210 | ✕ | |||||||
| Other noncurrent assets | 38 | 33 | 301 | 301 | 96 | ||||
| Total noncurrent assets: | 210 | 397 | 338 | 370 | 361 | 150 | |||
| TOTAL ASSETS: | 970 | 947 | 1,343 | 2,034 | 1,605 | 2,033 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 904 | 841 | 3,194 | 1,257 | 1,331 | 1,210 | |||
| Interest and dividends payable | 382 | 335 | 294 | ||||||
| Employee-related liabilities | 113 | 134 | 390 | 449 | 396 | 427 | |||
| Accounts payable | 6 | 1,241 | 393 | 437 | 269 | ||||
| Accrued liabilities | 124 | 66 | 175 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 785 | 707 | 1,057 | 14 | 29 | 514 | |||
| Debt | 1,700 | 1,200 | 1,000 | 1,000 | 1,000 | 1,000 | |||
| Disposal group, including discontinued operation | 1,431 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | 7 | ||||||
| Due to related parties | 7,991 | 5,826 | 2,791 | ||||||
| Other undisclosed current liabilities | 1,223 | 2,172 | |||||||
| Total current liabilities: | 5,258 | 4,213 | 4,201 | 10,248 | 8,157 | 5,001 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 58 | 69 | 73 | 2 | |||||
| Deferred revenue and credits | ✕ | ✕ | 58 | 69 | 73 | 2 | |||
| Total noncurrent liabilities: | 58 | 69 | 73 | 2 | |||||
| Total liabilities: | 5,258 | 4,213 | 4,259 | 10,317 | 8,230 | 5,003 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (4,288) | (3,266) | (9,778) | (8,283) | (6,625) | (2,970) | |||
| Common stock | 151 | 151 | 150 | 76 | 76 | 76 | |||
| Additional paid in capital | 136,312 | 134,667 | 125,053 | 116,192 | 115,890 | 115,605 | |||
| Accumulated deficit | (140,753) | (138,086) | (134,981) | (124,551) | (122,591) | (118,651) | |||
| Other undisclosed equity, attributable to parent | 2 | 2 | |||||||
| Other undisclosed equity | 6,862 | ||||||||
| Total equity: | (4,288) | (3,266) | (2,916) | (8,283) | (6,625) | (2,970) | |||
| TOTAL LIABILITIES AND EQUITY: | 970 | 947 | 1,343 | 2,034 | 1,605 | 2,033 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2019 TTM | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | 3/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,000 | 4,537 | 4,570 | 6,959 | 4,946 | 6,004 | ||
| Revenue, net | ✕ | ✕ | 4,570 | 6,959 | 4,946 | 6,004 | ||
| Cost of revenue | (3,748) | (4,250) | (3,927) | (3,942) | (3,447) | |||
| Gross profit: | 3,000 | 789 | 320 | 3,032 | 1,004 | 2,557 | ||
| Operating expenses | (2,596) | (2,781) | (3,072) | (3,534) | (3,610) | (3,219) | ||
| Other undisclosed operating loss | (3,000) | (763) | (1,181) | (1,417) | (1,295) | (1,487) | ||
| Operating loss: | (2,596) | (2,755) | (3,933) | (1,919) | (3,901) | (2,149) | ||
| Interest and debt expense | (172) | 4 | (5,637) | (41) | (39) | (37) | ||
| Loss from continuing operations before income taxes: | (2,768) | (2,751) | (9,570) | (1,960) | (3,940) | (2,186) | ||
| Other undisclosed loss from continuing operations | (66) | |||||||
| Loss from continuing operations: | (2,834) | (2,751) | (9,570) | (1,960) | (3,940) | (2,186) | ||
| Loss before gain (loss) on sale of properties: | (2,667) | (2,751) | (9,570) | (1,960) | (3,940) | (2,186) | ||
| Income from discontinued operations | 167 | |||||||
| Net loss: | (2,667) | (2,751) | (9,570) | (1,960) | (3,940) | (2,186) | ||
| Other undisclosed net loss attributable to parent | (354) | |||||||
| Net loss attributable to parent: | (2,667) | (3,105) | (9,570) | (1,960) | (3,940) | (2,186) | ||
| Preferred stock dividends and other adjustments | (860) | |||||||
| Net loss available to common stockholders, diluted: | (2,667) | (3,105) | (10,430) | (1,960) | (3,940) | (2,186) | ||
Comprehensive Income ($ in thousands)
| 6/30/2019 TTM | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | 3/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (2,667) | (2,751) | (9,570) | (1,960) | (3,940) | (2,186) | ||
| Comprehensive loss, net of tax, attributable to parent: | (2,667) | (2,751) | (9,570) | (1,960) | (3,940) | (2,186) | ||
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.