American Cannabis Company, Inc. (AMMJ) financial statements (2022 and earlier)

Company profile

Business Address 2590 WALNUT STREET
DENVER, CO 80205
State of Incorp.
Fiscal Year End December 31
SIC 4833 - Television Broadcasting Stations (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,7239451,0871,648751556
Cash and cash equivalents 1,7239451,0871,648751556
Receivables 259664223165
Inventory, net of allowances, customer advances and progress billings 625361364367
Inventory 625361364367
Other undisclosed current assets 53705613714325
Total current assets: 1,8641,1641,2671,842968713
Noncurrent Assets
Property, plant and equipment 25408121213
Long-term investments and receivables (89)(113)(147)101(222)(221)
Long-term investments (89)(113)(147)101(222)(221)
Regulated entity, other noncurrent assets     220 
Other undisclosed noncurrent assets 89113147(108)(5)212
Total noncurrent assets: 25408555
Other undisclosed assets    121213
TOTAL ASSETS: 1,8881,2041,2751,858984731
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 6214513489114330
Accounts payable 1310332856218
Accrued liabilities 4911790524693
Employee-related liabilities  181181318
Debt  35    
Due to related parties     14 
Other undisclosed current liabilities 199145136988200263
Total current liabilities: 2613242701,077329593
Noncurrent Liabilities
Total liabilities: 2613242701,077329593
Stockholders' equity
Stockholders' equity attributable to parent 1,6278801,005781655138
Common stock 111100
Additional paid in capital 9,6358,3558,1797,0045,3894,269
Accumulated deficit (8,008)(7,476)(7,174)(6,223)(4,735)(4,131)
Total stockholders' equity: 1,6278801,005781655138
TOTAL LIABILITIES AND EQUITY: 1,8881,2041,2751,858984731

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 1,5702,1319822,4431,5612,800
Cost of revenue (849)(792)(524)(806)(692)(2,000)
Gross profit: 7211,3394591,637869800
Operating expenses (1,345)(1,673)(1,183)(1,358)(1,402)(1,353)
Other operating income (expense), net
(Other Expenses)
   2261,76771(37)
Operating income (loss): (624)(334)(499)2,046(462)(590)
Nonoperating expense
(Investment Income, Nonoperating)
     (14) 
Interest and debt expense (2)   8(73)
Income (loss) from continuing operations before income taxes: (626)(334)(499)2,046(469)(663)
Income tax expense (38)(17)(244)(575)(233)(199)
Net income (loss): (664)(351)(742)1,471(702)(862)
Other undisclosed net income (loss) attributable to parent 13149(209)(2,960)99347
Net loss available to common stockholders, diluted: (532)(302)(951)(1,488)(604)(516)

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): (664)(351)(742)1,471(702)(862)
Comprehensive income (loss), net of tax, attributable to parent: (664)(351)(742)1,471(702)(862)

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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