cbdMD, Inc. (YCBDPA) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
8845 RED OAK BOULEVARD CHARLOTTE, NC 28217 |
| State of Incorp. | NC |
| Fiscal Year End | September 30 |
| Industry (SIC) | 2844 - Perfumes, Cosmetics, and Other Toilet Preparations (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2025 MRQ | 12/31/2024 MRQ | 9/30/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,970 | 2,453 | 1,798 | 7,720 | 26,445 | 14,851 | |||
| Cash and cash equivalent | 1,970 | 2,453 | 1,798 | 6,720 | 26,411 | 14,825 | |||
| Short-term investments | 1,000 | 33 | 26 | ||||||
| Receivables | 631 | 622 | 585 | 273 | 1,113 | 911 | |||
| Inventory, net of allowances, customer advances and progress billings | 2,473 | 2,524 | 4,236 | 4,767 | 5,573 | 4,892 | |||
| Inventory | 2,473 | 2,524 | 4,236 | 4,767 | 5,573 | 4,892 | |||
| Prepaid expense | 1,147 | 903 | |||||||
| Disposal group, including discontinued operation | 1 | 447 | |||||||
| Deposits current assets | 40 | ||||||||
| Other undisclosed current assets | 1,286 | 791 | 1,451 | 3,249 | 2,224 | 1,668 | |||
| Total current assets: | 6,361 | 6,389 | 8,070 | 16,012 | 36,502 | 23,712 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 1,209 | 86 | 3,351 | 4,478 | 5,615 | 6,851 | |||
| Property, plant and equipment | 512 | 454 | 717 | 823 | 2,562 | 3,183 | |||
| Long-term investments and receivables | 700 | 700 | 700 | 1,400 | |||||
| Long-term investments | 700 | 700 | 700 | 1,400 | |||||
| Intangible assets, net (including goodwill) | 2,698 | 2,890 | 3,219 | 17,835 | 79,675 | 76,305 | |||
| Goodwill | 56,671 | 54,670 | |||||||
| Intangible assets, net (excluding goodwill) | 2,698 | 2,890 | 3,219 | 17,835 | 23,004 | 21,635 | |||
| Deposits noncurrent assets | 63 | 63 | 139 | 245 | 530 | 791 | |||
| Total noncurrent assets: | 5,182 | 4,192 | 8,125 | 24,780 | 88,381 | 87,131 | |||
| TOTAL ASSETS: | 11,543 | 10,581 | 16,195 | 40,792 | 124,883 | 110,843 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,937 | 2,174 | 3,391 | 4,097 | 2,979 | 2,850 | |||
| Accounts payable | 1,161 | 1,541 | 1,906 | 2,037 | 2,979 | 2,850 | |||
| Accrued liabilities | 776 | 633 | 1,484 | 2,061 | |||||
| Deferred revenue | 527 | 503 | 45 | ||||||
| Debt | 362 | 1,171 | 2 | 10 | 59 | 910 | |||
| Other undisclosed current liabilities | 6,343 | 4,770 | 1,277 | 1,179 | 3,879 | 3,884 | |||
| Total current liabilities: | 9,170 | 8,618 | 4,670 | 5,286 | 6,917 | 7,689 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 0 | 3,806 | 4,968 | 6,612 | |||||
| Long-term debt, excluding current maturities | 0 | 125 | 109 | 602 | |||||
| Liabilities, other than long-term debt | 592 | 2,494 | 276 | 9,856 | 16,464 | ||||
| Other liabilities | 264 | ||||||||
| Operating lease, liability | 592 | 2,403 | 3,680 | 4,859 | 6,010 | ||||
| Business combination, contingent consideration, liability | 90 | 276 | 9,856 | 16,200 | |||||
| Other undisclosed noncurrent liabilities | 895 | ||||||||
| Total noncurrent liabilities: | 592 | 2,494 | 4,082 | 14,824 | 23,972 | ||||
| Total liabilities: | 9,761 | 8,618 | 7,164 | 9,367 | 21,741 | 31,661 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,782 | 1,963 | 9,031 | 31,424 | 103,142 | 79,182 | |||
| Preferred stock | 5 | 5 | 5 | 5 | 5 | 1 | |||
| Common stock | 6 | 4 | 3 | 61 | 58 | 52 | |||
| Additional paid in capital | 184,832 | 184,030 | 183,387 | 178,782 | 176,417 | 126,518 | |||
| Accumulated other comprehensive loss | (8) | (7) | |||||||
| Accumulated deficit | (183,053) | (182,068) | (174,364) | (147,424) | (73,338) | (47,388) | |||
| Total equity: | 1,782 | 1,963 | 9,031 | 31,424 | 103,142 | 79,182 | |||
| TOTAL LIABILITIES AND EQUITY: | 11,543 | 10,581 | 16,195 | 40,792 | 124,883 | 110,843 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 TTM | 9/30/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 19,220 | 19,482 | 24,155 | 35,403 | 44,481 | 41,884 | ||
| Cost of revenue | (7,382) | (7,487) | (9,178) | (13,067) | (14,495) | (15,515) | ||
| Other undisclosed gross profit | (0) | |||||||
| Gross profit: | 11,839 | 11,996 | 14,978 | 22,337 | 29,986 | 26,369 | ||
| Operating expenses | (13,219) | (60,956) | (49,602) | (43,951) | ||||
| Other undisclosed operating loss | (14,174) | (15,311) | (24,246) | (39,647) | ||||
| Operating loss: | (2,336) | (3,315) | (22,488) | (78,267) | (19,616) | (17,582) | ||
| Nonoperating income (Other Nonoperating income) | 239 | |||||||
| Interest and debt expense | 1,466 | |||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (5,245) | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (2,336) | (3,315) | (22,488) | (78,027) | (23,395) | (17,582) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (353) | (385) | (451) | 7,944 | (895) | 28,888 | ||
| Income (loss) from continuing operations before income taxes: | (2,689) | (3,700) | (22,938) | (70,084) | (24,290) | 11,306 | ||
| Income tax expense (benefit) | (895) | 1,345 | ||||||
| Income (loss) from continuing operations: | (2,689) | (3,700) | (22,938) | (70,084) | (25,185) | 12,651 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (70,084) | (25,185) | 12,602 | |
| Loss from discontinued operations | (49) | |||||||
| Net income (loss): | (2,689) | (3,700) | (22,938) | (70,084) | (25,185) | 12,602 | ||
| Other undisclosed net income attributable to parent | 1,790 | |||||||
| Net income (loss) attributable to parent: | (2,689) | (3,700) | (22,938) | (70,084) | (23,395) | 12,602 | ||
| Preferred stock dividends and other adjustments | (4,004) | (4,004) | (4,002) | (4,002) | (2,555) | (367) | ||
| Net income (loss) available to common stockholders, basic: | (6,693) | (7,704) | (26,940) | (74,086) | (25,949) | 12,235 | ||
| Other undisclosed net income available to common stockholders, diluted | 367 | |||||||
| Net income (loss) available to common stockholders, diluted: | (6,693) | (7,704) | (26,940) | (74,086) | (25,949) | 12,602 | ||
Comprehensive Income ($ in thousands)
| 6/30/2025 TTM | 12/31/2024 TTM | 9/30/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2,689) | (3,700) | (22,938) | (70,084) | (25,185) | 12,602 | ||
| Comprehensive income (loss): | (2,689) | (3,700) | (22,938) | (70,084) | (25,185) | 12,602 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (4,004) | (4,004) | (4,002) | (4,002) | 1,790 | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (6,693) | (7,704) | (26,940) | (74,086) | (23,395) | 12,602 | ||
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.