Gores Metropoulos, Inc. (GMHI) financial statements (2021 and earlier)

Company profile

Business Address 9800 WILSHIRE BLVD.
BEVERLY HILLS, CA 90212
State of Incorp. DE
Fiscal Year End December 31
SIC 677 - Blank Checks (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10
Cash and cash equivalents10
Prepaid expense0 
Deferred costs 0
Total current assets:20
Noncurrent Assets
Assets held-in-trust406 
Deferred income tax assets0
Total noncurrent assets:406 
TOTAL ASSETS:4080
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities10
Accrued liabilities00
Taxes payable10
Due to related parties 0
Other undisclosed current liabilities0 
Total current liabilities:10
Noncurrent Liabilities
Other undisclosed noncurrent liabilities14 
Total noncurrent liabilities:14 
Total liabilities:150
Temporary equity, carrying amount387 
Stockholders' equity
Stockholders' equity attributable to parent, including:50
Additional paid in capital00
Retained earnings (accumulated deficit)5(0)
Other undisclosed stockholders' equity attributable to parent00
Total stockholders' equity:50
TOTAL LIABILITIES AND EQUITY:4080

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

12/31/2019
12/31/2018
Operating expenses(0) 
Other undisclosed operating loss(1) 
Operating loss:(1) 
Nonoperating income
(Investment Income, Nonoperating)
8 
Income from continuing operations before income taxes:7 
Income tax expense(1) 
Net income available to common stockholders, diluted:5 

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
Net income:5 
Comprehensive income, net of tax, attributable to parent:5 

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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