Cannabis Sativa, Inc. (CBDS) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
450 HILLSIDE DRIVE MESQUITE, NV 89027 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 72 - Personal Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 97 | 194 | 322 | 336 | 152 | 176 | |||
| Cash and cash equivalents | 97 | 194 | 322 | 336 | 152 | 176 | |||
| Receivables | 2 | 5 | 11 | 4 | |||||
| Inventory, net of allowances, customer advances and progress billings | 56 | 6 | 9 | ||||||
| Inventory | 56 | 6 | 9 | ||||||
| Prepaid expense | 4 | 30 | 1,084 | ||||||
| Other current assets | 55 | ||||||||
| Other undisclosed current assets | 380 | 209 | 195 | 50 | 200 | 230 | |||
| Total current assets: | 477 | 403 | 631 | 395 | 398 | 1,502 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 39 | 47 | ✕ | ✕ | |||||
| Property, plant and equipment | 3 | 2 | 199 | 6 | 7 | 11 | |||
| Long-term investments and receivables | 56 | ||||||||
| Long-term investments | 56 | ||||||||
| Intangible assets, net (including goodwill) | 1,996 | 2,158 | 2,327 | 2,532 | 4,468 | 6,200 | |||
| Goodwill | 1,837 | 1,837 | 1,837 | 1,837 | 2,174 | 3,347 | |||
| Intangible assets, net (excluding goodwill) | 159 | 321 | 490 | 695 | 2,294 | 2,853 | |||
| Deposits noncurrent assets | 9 | ||||||||
| Other undisclosed noncurrent assets | 48 | ||||||||
| Total noncurrent assets: | 2,093 | 2,160 | 2,583 | 2,587 | 4,475 | 6,211 | |||
| TOTAL ASSETS: | 2,571 | 2,563 | 3,214 | 2,982 | 4,873 | 7,713 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 164 | 95 | 179 | 162 | 110 | 108 | |||
| Accrued liabilities | 5 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 160 | 95 | 179 | 162 | 110 | 108 | |||
| Debt | 169 | ||||||||
| Due to related parties | 92 | 1,218 | 1,161 | 1,019 | 927 | 623 | |||
| Other undisclosed current liabilities | 45 | 205 | 220 | 532 | 768 | ||||
| Total current liabilities: | 470 | 1,518 | 1,560 | 1,180 | 1,569 | 1,499 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 15 | ||||||||
| Liabilities, other than long-term debt | 10 | ||||||||
| Operating lease, liability | 10 | 15 | ✕ | ✕ | |||||
| Other undisclosed noncurrent liabilities | 418 | (15) | 641 | ||||||
| Total noncurrent liabilities: | 428 | 15 | 641 | ||||||
| Total liabilities: | 898 | 1,518 | 1,576 | 1,821 | 1,569 | 1,499 | |||
| Equity | |||||||||
| Equity, attributable to parent | 382 | (293) | 660 | 2 | 2,075 | 4,203 | |||
| Preferred stock | 1 | 1 | 1 | 1 | 1 | ||||
| Common stock | 46 | 31 | 27 | 22 | 21 | 21 | |||
| Additional paid in capital | 80,940 | 79,151 | 77,660 | 74,834 | 72,972 | 70,782 | |||
| Accumulated other comprehensive income | 189 | ||||||||
| Accumulated deficit | (80,603) | (79,476) | (77,028) | (74,855) | (70,919) | (66,790) | |||
| Equity, attributable to noncontrolling interest | 1,291 | 1,338 | 978 | 1,159 | 1,229 | 2,011 | |||
| Total equity: | 1,673 | 1,045 | 1,638 | 1,161 | 3,304 | 6,214 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,571 | 2,563 | 3,214 | 2,982 | 4,873 | 7,713 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,559 | 1,842 | 2,035 | 1,160 | 506 | 318 | ||
| Realized investment losses | (200) | |||||||
| Financial services revenue | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 555 | |
| Other income | 48 | |||||||
| Cost of revenue | (598) | (699) | (893) | (463) | (210) | (154) | ||
| Gross profit: | 961 | 1,142 | 1,142 | 697 | 296 | 164 | ||
| Operating expenses | (2,276) | (2,888) | (3,687) | (4,502) | (5,336) | (8,011) | ||
| Operating loss: | (1,315) | (1,746) | (2,545) | (3,805) | (5,040) | (7,847) | ||
| Nonoperating income (expense) | (140) | (604) | 87 | (202) | 130 | 36 | ||
| Investment income, nonoperating | 165 | 147 | ||||||
| Other nonoperating income (expense) | (140) | |||||||
| Interest and debt expense | (31) | 5 | (60) | (50) | (39) | (13) | ||
| Loss from continuing operations before equity method investments, income taxes: | (1,486) | (2,345) | (2,519) | (4,056) | (4,949) | (7,824) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 312 | (5) | 60 | 50 | 39 | 13 | ||
| Loss from continuing operations before income taxes: | (1,175) | (2,350) | (2,459) | (4,007) | (4,910) | (7,811) | ||
| Income tax expense | (1,130) | |||||||
| Loss from continuing operations: | (1,175) | (2,350) | (2,459) | (4,007) | (6,040) | (7,811) | ||
| Loss before gain (loss) on sale of properties: | ✕ | (2,419) | (2,459) | (4,007) | (6,040) | (7,811) | ||
| Loss from discontinued operations | (69) | |||||||
| Other undisclosed net income (loss) | 2,349 | (256) | 1,130 | |||||
| Net income (loss): | 1,175 | (2,676) | (2,459) | (4,007) | (4,910) | (7,811) | ||
| Net loss attributable to noncontrolling interest | (228) | (285) | ||||||
| Other undisclosed net income (loss) attributable to parent | (2,349) | 485 | 571 | 70 | 781 | 247 | ||
| Net loss available to common stockholders, diluted: | (1,175) | (2,419) | (2,173) | (3,936) | (4,128) | (7,564) | ||
Comprehensive Income ($ in thousands)
| 3/31/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,175 | (2,676) | (2,459) | (4,007) | (4,910) | (7,811) | ||
| Other comprehensive income | 189 | |||||||
| Other undisclosed comprehensive loss | (247) | |||||||
| Comprehensive income (loss): | 1,175 | (2,676) | (2,459) | (4,007) | (4,910) | (7,870) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (228) | (285) | ||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (189) | 247 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,175 | (2,904) | (2,744) | (4,007) | (5,099) | (7,623) | ||
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.