AmeriCann, Inc. (ACAN) financial statements (2022 and earlier)
Company profile
| Business Address |
1555 BLAKE ST DENVER, CO 80202 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| SIC | 8742 - Management Consulting Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 741 | 696 | 183 | 466 | 198 | 2 | 0 | ||
| Cash and cash equivalents | 741 | 696 | 183 | 466 | 198 | 2 | 0 | ||
| Receivables | 43 | 42 | 37 | 32 | 250 | ||||
| Prepaid expense | 58 | 58 | 58 | 12 | |||||
| Other undisclosed current assets | 246 | 282 | 137 | 851 | 3,826 | 5 | |||
| Total current assets: | 1,030 | 1,020 | 357 | 1,407 | 4,082 | 65 | 262 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 6,829 | 6,846 | 6,914 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 7,960 | 7,960 | 7,512 | 6 | 4 | 5 | |||
| Long-term investments and receivables | 32 | 43 | 82 | (1,762) | 784 | 780 | 780 | ||
| Accounts and financing receivable, after allowance for credit loss | (1,762) | 784 | 780 | 780 | |||||
| Due from related parties | 32 | 43 | 82 | ||||||
| Other undisclosed noncurrent assets | (827) | (805) | 12,120 | 4,585 | 5,215 | 3,323 | |||
| Total noncurrent assets: | 13,994 | 14,045 | 14,509 | 10,359 | 5,375 | 5,999 | 4,109 | ||
| TOTAL ASSETS: | 15,025 | 15,065 | 14,866 | 11,766 | 9,457 | 6,064 | 4,370 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 215 | 190 | 276 | 265 | 268 | 625 | 385 | ||
| Interest and dividends payable | 72 | 54 | 73 | 122 | 47 | 86 | 119 | ||
| Other undisclosed accounts payable and accrued liabilities | 144 | 136 | 203 | 143 | 221 | 538 | 267 | ||
| Debt | 150 | 150 | 150 | 385 | 521 | 1,070 | 1,158 | ||
| Due to related parties | 68 | 98 | 65 | ||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 60 | |||
| Other liabilities | 4 | 12 | 21 | 9 | |||||
| Other undisclosed current liabilities | 82 | 65 | 78 | 122 | 56 | 106 | 134 | ||
| Total current liabilities: | 519 | 514 | 590 | 781 | 845 | 1,801 | 1,737 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 8,482 | 8,458 | 7,822 | 3,117 | |||||
| Long-term debt, excluding current maturities | 4,256 | 4,230 | 3,579 | 3,117 | |||||
| Operating lease, liability | 4,225 | 4,228 | 4,243 | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 582 | 582 | 582 | 1,757 | 1,782 | 1,979 | 2,024 | ||
| Due to related parties | 582 | 582 | 582 | 1,757 | 1,782 | 1,979 | 2,024 | ||
| Total noncurrent liabilities: | 9,063 | 9,040 | 8,403 | 4,874 | 1,782 | 1,979 | 2,024 | ||
| Total liabilities: | 9,582 | 9,554 | 8,993 | 5,655 | 2,627 | 3,779 | 3,761 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 5,442 | 5,510 | 5,873 | 6,111 | 6,830 | 2,284 | 609 | ||
| Common stock | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||
| Additional paid in capital | 25,558 | 25,093 | 24,593 | 24,122 | 19,938 | 10,959 | 6,512 | ||
| Accumulated deficit | (20,118) | (19,585) | (18,723) | (18,013) | (13,110) | (8,677) | (5,905) | ||
| Total stockholders' equity: | 5,442 | 5,510 | 5,873 | 6,111 | 6,830 | 2,284 | 609 | ||
| TOTAL LIABILITIES AND EQUITY: | 15,025 | 15,065 | 14,866 | 11,766 | 9,457 | 6,064 | 4,370 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,408 | 2,029 | 504 | 12 | 40 | 60 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 40 | 60 | |
| Operating lease, lease income | 651 | 2,029 | ✕ | ✕ | ✕ | |||
| Cost of revenue | (11) | (38) | ||||||
| Other undisclosed gross profit | (38) | |||||||
| Gross profit: | 2,358 | 1,990 | 504 | 12 | 40 | 60 | ||
| Operating expenses | (2,380) | (1,946) | (690) | (3,404) | (2,029) | (2,478) | (1,189) | |
| Operating income (loss): | (22) | 44 | (187) | (3,392) | (2,029) | (2,438) | (1,129) | |
| Nonoperating income (expense) | (872) | (907) | (523) | (1,512) | (2,403) | 11 | 183 | |
| Investment income, nonoperating | 17 | 18 | 334 | 29 | 45 | 11 | 183 | |
| Interest and debt expense | (836) | (873) | (761) | (977) | (2,300) | (201) | (1,155) | |
| Net loss: | (1,730) | (1,736) | (1,470) | (5,881) | (6,733) | (2,628) | (2,101) | |
| Other undisclosed net income (loss) attributable to parent | 836 | 873 | 761 | 977 | 2,300 | (144) | (110) | |
| Net loss available to common stockholders, diluted: | (894) | (863) | (709) | (4,904) | (4,433) | (2,772) | (2,211) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,730) | (1,736) | (1,470) | (5,881) | (6,733) | (2,628) | (2,101) | |
| Comprehensive loss, net of tax, attributable to parent: | (1,730) | (1,736) | (1,470) | (5,881) | (6,733) | (2,628) | (2,101) | |
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.