American Cannabis Company, Inc. (AMMJ) financial statements (2021 and earlier)

Company profile

Business Address 2590 WALNUT STREET
DENVER, CO 80205
State of Incorp. DE
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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,7239451,0871,648751556165
Cash and cash equivalents1,7239451,0871,648751556165
Receivables25966422316576
Inventory, net of allowances, customer advances and progress billings6253613643675
Inventory6253613643675
Other undisclosed current assets53705613714325176
Total current assets:1,8641,1641,2671,842968713422
Noncurrent Assets
Property, plant and equipment2540812121348
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 (85)
Other undisclosed noncurrent assets89113147(108)(5)21285
Total noncurrent assets:2540855548
Other undisclosed assets   121213 
TOTAL ASSETS:1,8881,2041,2751,858984731470
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities6214513489114330301
Accounts payable131033285621862
Accrued liabilities4911790524693227
Employee-related liabilities 18118131812
Debt 35     
Due to related parties    14 2
Other undisclosed current liabilities19914513698820026383
Total current liabilities:2613242701,077329593386
Noncurrent Liabilities
Long-term debt and lease obligation      25
Long-term debt, excluding current maturities      25
Other undisclosed noncurrent liabilities      (25)
Total liabilities:2613242701,077329593386
Stockholders' equity
Stockholders' equity attributable to parent1,6278801,00578165513884
Common stock1111000
Additional paid in capital9,6358,3558,1797,0045,3894,2693,700
Accumulated deficit(8,008)(7,476)(7,174)(6,223)(4,735)(4,131)(3,616)
Total stockholders' equity:1,6278801,00578165513884
TOTAL LIABILITIES AND EQUITY:1,8881,2041,2751,858984731470

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,5702,1319822,4431,5612,8001,259
Cost of revenue(849)(792)(524)(806)(692)(2,000)(771)
Gross profit:7211,3394591,637869800488
Operating expenses(1,345)(1,673)(1,183)(1,358)(1,402)(1,353)(3,878)
Other operating income (expense), net
(Other Expenses)
  2261,76771(37)228
Operating income (loss):(624)(334)(499)2,046(462)(590)(3,162)
Nonoperating expense
(Investment Income, Nonoperating)
    (14)  
Interest and debt expense(2)   8(73)298
Income (loss) from continuing operations before income taxes:(626)(334)(499)2,046(469)(663)(2,864)
Income tax expense (benefit)(38)(17)(244)(575)(233)(199)1,553
Net income (loss):(664)(351)(742)1,471(702)(862)(1,311)
Other undisclosed net income (loss) attributable to parent13149(209)(2,960)99347(2,308)
Net loss available to common stockholders, diluted:(532)(302)(951)(1,488)(604)(516)(3,619)

Comprehensive Income ($ in thousands)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(664)(351)(742)1,471(702)(862)(1,311)
Comprehensive income (loss), net of tax, attributable to parent:(664)(351)(742)1,471(702)(862)(1,311)

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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