Clubhouse Media Group, Inc. (CMGR) financial statements (2022 and earlier)

Company profile

Business Address 3651 LINDELL ROAD
LAS VEGAS, NV 89103
State of Incorp. NV
Fiscal Year End December 31
SIC 79 - Amusement And Recreation Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments30038  481010
Cash and cash equivalents30038  481010
Receivables    425496333
Inventory, net of allowances, customer advances and progress billings    52102121
Inventory    52102121
Prepaid expense450      
Other current assets 219  7,243  
Other undisclosed current assets243213  1398
Total current assets:993470  7,781617471
Noncurrent Assets
Property, plant and equipment6865  3867441,173
Intangible assets, net (including goodwill)458   254668
Intangible assets, net (excluding goodwill)458   254668
Deposits noncurrent assets    171180184
Other undisclosed noncurrent assets     15,31115,222
Total noncurrent assets:52665  58316,28116,647
TOTAL ASSETS:1,519535  8,36416,89817,118
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,621220311997958870
Accounts payable 22031 521267263
Other undisclosed accounts payable and accrued liabilities1,621  1476691607
Deferred revenue33874 
Debt5,76119  5221,177214
Derivative instruments and hedges, liabilities514304     
Due to related parties  15 10,37115,64515,988
Other liabilities    1,269619651
Other undisclosed current liabilities1,04887  1,367 219
Total current liabilities:9,28170546114,52618,40017,941
Noncurrent Liabilities
Liabilities, other than long-term debt 2,163    29
Customer advances or deposits  29
Due to related parties 2,163     
Other undisclosed noncurrent liabilities1,387    1,3711,552
Total noncurrent liabilities:1,3872,163   1,3711,581
Total liabilities:10,6682,86746114,52619,77119,522
Stockholders' equity
Stockholders' equity attributable to parent(9,150)(2,332)(46)(1)(6,163)(2,873)(2,404)
Common stock98934616161616
Additional paid in capital15,656153440440440440440
Accumulated other comprehensive income  588588588236117
Accumulated deficit(24,904)(2,578)(1,120)(1,045)(7,206)(3,566)(2,977)
Total stockholders' equity:(9,150)(2,332)(46)(1)(6,163)(2,873)(2,404)
TOTAL LIABILITIES AND EQUITY:1,519535  8,36416,89817,118

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2016
12/31/2015
12/31/2014
Revenues4,2541,010  1,9342,3762,522
Revenue, net1,9342,3762,522
Cost of revenue(3,471)(580)  (1,952)(1,867)(3,145)
Cost of goods and services sold(3,471)(580)  (918)(1,094)(1,107)
Gross profit:783431  (17)508(623)
Operating expenses(15,514)(2,725)(75)(1)(535)(967)334
Operating loss:(14,732)(2,295)(75)(1)(552)(459)(289)
Nonoperating income (expense)(7,514)283  (421)(130)(173)
Other nonoperating income (expense)(162)(0)  334235
Interest and debt expense(163)(222)  (238)(234)(231)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes    (2,430)234231
Loss from continuing operations before equity method investments, income taxes:(22,409)(2,234)(75)(1)(3,641)(589)(462)
Other undisclosed income (loss) from continuing operations before income taxes (344)  2,667  
Loss from continuing operations before income taxes:(22,409)(2,578)(75)(1)(973)(589)(462)
Income tax expense (541)(16)    
Other undisclosed income from continuing operations163      
Net loss:(22,246)(3,119)(90)(1)(973)(589)(462)
Other undisclosed net income (loss) attributable to parent 54116 (2,667)  
Net loss available to common stockholders, diluted:(22,246)(2,578)(75)(1)(3,641)(589)(462)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2016
12/31/2015
12/31/2014
Net loss:(22,246)(3,119)(90)(1)(973)(589)(462)
Comprehensive loss:(22,246)(3,119)(90)(1)(973)(589)(462)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent    (2,316)11951
Comprehensive loss, net of tax, attributable to parent:(22,246)(3,119)(90)(1)(3,289)(469)(411)

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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