Healthier Choices Management Corp. (HCMC) financial statements (2020 and earlier)

Company profile

Business Address 3800 NORTH 28TH WAY
HOLLYWOOD, FL 33020
State of Incorp. DE
Fiscal Year End December 31
SIC 21 - Tobacco Products (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 7,1527,88313,36627,2154716,570
Cash and cash equivalents 7,0617,88313,36627,2154716,570
Short-term investments 91     
Receivables 5276262907041,803
Inventory, net of allowances, customer advances and progress billings 1,8658627491,5302,0493,322
Inventory 1,8658627491,5302,0493,322
Prepaid expense      782
Deferred costs     232 
Disposal group, including discontinued operation   53   
Deferred tax assets    5,695766
Other current assets  41    
Other undisclosed current assets 43592124531(5,027)625
Total current assets: 9,5048,95414,31729,5664,12513,868
Noncurrent Assets
Property, plant and equipment 49759063941071229
Long-term investments and receivables 528     
Due from related parties 528     
Intangible assets, net (including goodwill) 4,5002,0412,1514,106 
Goodwill 1,4374814813,177  
Intangible assets, net (excluding goodwill) 3,0621,5601,669929  
Other noncurrent assets 1441171281659165
Total noncurrent assets: 5,6692,7482,9184,68180394
TOTAL ASSETS: 15,17311,70117,23534,2484,92813,962
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 1,3011,0511,3005,5272,8981,550
Accounts payable  5125211,5811,9201,124
Accrued liabilities  5387803,946975420
Taxes payable     36
Other undisclosed accounts payable and accrued liabilities 1,301     
Debt 2,15125361698479
Derivative instruments and hedges, liabilities 1,72310,232 41,090  
Due to related parties     156 
Disposal group, including discontinued operation   556   
Customer advances and deposits  96141
Other undisclosed current liabilities 443 12,868 104182
Total current liabilities: 5,61811,28414,77746,7733,9972,211
Noncurrent Liabilities
Long-term debt and lease obligation 1,12810 59119 
Long-term debt, excluding current maturities 1,12810    
Capital lease obligations   59119 
Total noncurrent liabilities: 1,12810 59119 
Total liabilities: 6,74611,29514,77746,8324,1172,211
Stockholders' equity
Stockholders' equity attributable to parent, including: 8,4274072,458(12,584)81211,752
Preferred stock 20,150     
Common stock 6,6622,935   16
Additional paid in capital 7,34810,0803,78384716,02713,115
Accumulated deficit (25,734)(12,609)(2,747)(13,431)(15,232)(1,380)
Other undisclosed stockholders' equity attributable to parent   1,421017 
Total stockholders' equity: 8,4274072,458(12,584)81211,752
TOTAL LIABILITIES AND EQUITY: 15,17311,70117,23534,2484,92813,962

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues 14,64712,96110,56510,75015,28025,990
Revenue, net12,96110,56510,75015,28025,990
Cost of revenue
(Cost of Goods and Services Sold)
 (281)(392)(2,352)(442)(17,005)(16,959)
Other undisclosed gross profit (7,201)(6,290)(2,980)(7,573)2,508659
Gross profit: 7,1656,2795,2332,7357839,690
Operating expenses (10,147)(16,556)(14,096)(31,484)(13,501)(8,730)
Operating income (loss): (2,982)(10,277)(8,862)(28,749)(12,718)960
Nonoperating income (expense) (10,181)13321,13730,550(366)(684)
Investment income, nonoperating 49(65)    
Other nonoperating income 475198640   
Interest and debt expense (10,697) (15)(1,497)(349)(684)
Income (loss) from continuing operations before equity method investments, income taxes: (23,860)(10,143)12,259304(13,434)(407)
Other undisclosed income from continuing operations before income taxes    1,497349684
Income (loss) from continuing operations before income taxes: (23,860)(10,143)12,2591,801(13,085)277
Income tax expense (benefit)    8,640(767)525
Net income (loss): (23,860)(10,143)12,25910,441(13,852)801
Other undisclosed net income (loss) attributable to parent 10,697281(1,574)(8,640)  
Net income (loss) attributable to parent: (13,163)(9,862)10,6841,801(13,852)801
Other undisclosed net loss available to common stockholders, basic    (38,068)  
Net income (loss) available to common stockholders, diluted: (13,163)(9,862)10,684(36,267)(13,852)801

Comprehensive Income ($ in thousands)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss): (23,860)(10,143)12,25910,441(13,852)801
Comprehensive income (loss), net of tax, attributable to parent: (23,860)(10,143)12,25910,441(13,852)801

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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