Grom Social Enterprises, Inc. (GRMM) financial statements (2020 and earlier)

Company profile

Business Address 2060 NW BOCA RATON BLVD. #6
BOCA RATON, FL 33431
State of Incorp. FL
Fiscal Year End December 31
SIC 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 100
Cash and cash equivalents 100
Receivables 100
Inventory, net of allowances, customer advances and progress billings 00 
Inventory 00 
Prepaid expense   0
Deposits current assets   0
Other undisclosed current assets 01 
Total current assets: 220
Noncurrent Assets
Property, plant and equipment 11 
Intangible assets, net (including goodwill) 1516 
Goodwill 99 
Intangible assets, net (excluding goodwill) 67 
Other noncurrent assets 000
Other undisclosed noncurrent assets 00 
Total noncurrent assets: 17170
TOTAL ASSETS: 19190
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 230
Accounts payable 110
Accrued liabilities 120
Taxes payable 00 
Debt 50 
Due to related parties 120
Deferred revenue and credits1 
Other undisclosed current liabilities 10 
Total current liabilities: 960
Noncurrent Liabilities
Long-term debt and lease obligation 25 
Long-term debt, excluding current maturities 25 
Liabilities, other than long-term debt 11 
Other liabilities 00 
Business combination, contingent consideration, liability 00 
Other undisclosed noncurrent liabilities  (0) 
Total noncurrent liabilities: 36 
Total liabilities: 12120
Stockholders' equity
Stockholders' equity attributable to parent 77(0)
Common stock 000
Additional paid in capital 52482
Accumulated other comprehensive loss (0)(0) 
Accumulated deficit (45)(41)(3)
Total stockholders' equity: 77(0)
TOTAL LIABILITIES AND EQUITY: 19190

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
Revenues 981
Other income  10
Cost of revenue
(Cost of Goods and Services Sold)
 (4)(4)(1)
Gross profit: 430
Operating expenses (8)(10)(1)
Operating loss: (4)(7)(1)
Nonoperating income (expense) (1)10
Loss from continuing operations before income taxes: (5)(6)(1)
Income tax expense (0)(0) 
Net loss available to common stockholders, diluted: (5)(6)(1)

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
Net loss: (5)(6)(1)
Other comprehensive loss (5)(6) 
Comprehensive loss, net of tax, attributable to parent: (10)(12)(1)

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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