Clubhouse Media Group, Inc. (CMGR) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
3651 LINDELL ROAD LAS VEGAS, NV 89103 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 79 - Amusement And Recreation Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 58 | 300 | 38 | 48 | |||||
| Cash and cash equivalents | 58 | 300 | 38 | 48 | |||||
| Receivables | 425 | ||||||||
| Inventory, net of allowances, customer advances and progress billings | 52 | ||||||||
| Inventory | 52 | ||||||||
| Prepaid expense | 4 | 450 | |||||||
| Other current assets | 219 | 7,243 | |||||||
| Other undisclosed current assets | 367 | 243 | 213 | 13 | |||||
| Total current assets: | 429 | 993 | 470 | 7,781 | |||||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 37 | 68 | 65 | 386 | |||||
| Intangible assets, net (including goodwill) | 777 | 458 | 25 | ||||||
| Intangible assets, net (excluding goodwill) | 777 | 458 | 25 | ||||||
| Deposits noncurrent assets | 171 | ||||||||
| Total noncurrent assets: | 815 | 526 | 65 | 583 | |||||
| TOTAL ASSETS: | 1,244 | 1,519 | 535 | 8,364 | |||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,566 | 1,621 | 220 | 31 | 1 | 997 | |||
| Accounts payable | 220 | 31 | 521 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 2,566 | 1,621 | 1 | 476 | |||||
| Deferred revenue | 28 | 338 | 74 | ✕ | ✕ | ||||
| Debt | 4,504 | 5,761 | 19 | 522 | |||||
| Derivative instruments and hedges, liabilities | 800 | 514 | 304 | ||||||
| Due to related parties | 451 | 15 | 10,371 | ||||||
| Other liabilities | 1,269 | ||||||||
| Other undisclosed current liabilities | 573 | 1,048 | 87 | 1,367 | |||||
| Total current liabilities: | 8,922 | 9,281 | 705 | 46 | 1 | 14,526 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 2,163 | ||||||||
| Due to related parties | 2,163 | ||||||||
| Other undisclosed noncurrent liabilities | 1,387 | ||||||||
| Total noncurrent liabilities: | 1,387 | 2,163 | |||||||
| Total liabilities: | 8,922 | 10,668 | 2,867 | 46 | 1 | 14,526 | |||
| Equity | |||||||||
| Equity, attributable to parent | (8,063) | (9,150) | (2,332) | (46) | (1) | (6,163) | |||
| Common stock | 7 | 98 | 93 | 46 | 16 | 16 | |||
| Additional paid in capital | 24,745 | 15,656 | 153 | 440 | 440 | 440 | |||
| Accumulated other comprehensive income | 588 | 588 | 588 | ||||||
| Accumulated deficit | (32,815) | (24,904) | (2,578) | (1,120) | (1,045) | (7,206) | |||
| Equity, attributable to noncontrolling interest | 385 | ||||||||
| Total equity: | (7,678) | (9,150) | (2,332) | (46) | (1) | (6,163) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,244 | 1,519 | 535 | 8,364 | |||||
Income Statement (P&L) ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 6,284 | 4,254 | 1,010 | 1,934 | ||||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,934 | |
| Cost of revenue | (4,998) | (3,471) | (580) | (1,952) | ||||
| Cost of goods and services sold | (4,998) | (3,471) | (580) | (918) | ||||
| Gross profit: | 1,286 | 783 | 431 | (17) | ||||
| Operating expenses | (4,252) | (15,514) | (2,725) | (75) | (1) | (535) | ||
| Operating loss: | (2,966) | (14,732) | (2,295) | (75) | (1) | (552) | ||
| Nonoperating income (expense) | (4,560) | (7,514) | 283 | (421) | ||||
| Interest and debt expense | 1,430 | (163) | (222) | (238) | ||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (2,430) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (6,096) | (22,409) | (2,234) | (75) | (1) | (3,641) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (344) | 2,667 | ||||||
| Income (loss) from continuing operations before income taxes: | (6,096) | (22,409) | (2,578) | (75) | (1) | (973) | ||
| Income tax expense | (541) | (16) | ||||||
| Other undisclosed income (loss) from continuing operations | (1,430) | 163 | ||||||
| Loss from continuing operations: | (7,526) | (22,246) | (3,119) | (90) | (1) | (973) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (22,246) | (3,119) | (90) | (1) | (973) | ||
| Net loss: | (7,526) | (22,246) | (3,119) | (90) | (1) | (973) | ||
| Net loss attributable to noncontrolling interest | (385) | |||||||
| Other undisclosed net income (loss) attributable to parent | 541 | 16 | (2,667) | |||||
| Net loss available to common stockholders, diluted: | (7,911) | (22,246) | (2,578) | (75) | (1) | (3,641) | ||
Comprehensive Income ($ in thousands)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (7,526) | (22,246) | (3,119) | (90) | (1) | (973) | ||
| Comprehensive loss: | (7,526) | (22,246) | (3,119) | (90) | (1) | (973) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (385) | |||||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (2,316) | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (7,911) | (22,246) | (3,119) | (90) | (1) | (3,289) | ||
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.