Marathon Patent Group, Inc. (MARA) financial statements (2021 and earlier)

Company profile

Business Address 1180 N. TOWN CENTER DRIVE
LAS VEGAS, NV 89144
State of Incorp. NV
Fiscal Year End December 31
SIC 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1411315535
Cash and cash equivalents1411315535
Receivables75  0000
Prepaid expense   0 00
Other undisclosed current assets7010 022
Total current assets:2861315658
Noncurrent Assets
Operating lease, right-of-use asset00
Property, plant and equipment17410000
Intangible assets, net (including goodwill), including:11112133043
Goodwill    043
Intangible assets, net (excluding goodwill)11112122543
Other undisclosed intangible assets, net (including goodwill)      (3)
Prepaid expense8      
Other noncurrent assets    00 
Deferred tax assets, net   125
Other undisclosed noncurrent assets   (12)  3
Total noncurrent assets:27520134252
TOTAL ASSETS:3137515184759
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1112773
Other undisclosed accounts payable and accrued liabilities1112773
Debt 01213101
Estimated litigation liability   2   
Business combination, contingent consideration, liability    00 
Other liabilities 1     
Other undisclosed current liabilities0002  18
Total current liabilities:1228201722
Noncurrent Liabilities
Long-term debt and lease obligation01  512 
Long-term debt, excluding current maturities01  512 
Operating lease, liability 0
Liabilities, other than long-term debt    257
Deferred revenue and credits 11 
Deferred tax liabilities, net   1 
Other liabilities    0  
Business combination, contingent consideration, liability    137
Other undisclosed noncurrent liabilities      5
Total noncurrent liabilities:01  71813
Total liabilities:2328283535
Stockholders' equity
Stockholders' equity attributable to parent, including:312437(9)1324
Preferred stock   0  0
Common stock0000000
Additional paid in capital42811010597504337
Accumulated other comprehensive income (loss)(0)(0)(0)(0)(1)(1)1
Accumulated deficit(116)(106)(102)(89)(58)(29)(12)
Other undisclosed stockholders' equity attributable to parent    00(1)
Stockholders' equity attributable to noncontrolling interest    (0)  
Total stockholders' equity:312437(9)1324
TOTAL LIABILITIES AND EQUITY:3137515184759

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues4121371921
Financial services revenue(3)   
Cost of revenue(7)(2)(3)(3)(19)(17)(12)
Gross profit:(3)(1)(2)(3)18210
Operating expenses(1)(5)(14)(15)(52)(45)(28)
Other undisclosed operating income (loss)(6)233191712
Operating loss:(10)(4)(12)(14)(16)(26)(6)
Nonoperating income (expense)(1)10(3)(2)1(1)
Investment income, nonoperating000000(1)
Other nonoperating income (expense)0 0(3)(0)0 
Interest and debt expense(0)0(0)11(3)(1)(1)
Other undisclosed income from continuing operations before equity method investments, income taxes      1
Loss from continuing operations before equity method investments, income taxes:(10)(3)(12)(7)(20)(27)(7)
Other undisclosed income (loss) from continuing operations before income taxes0(0)(1)(25)31 
Loss from continuing operations before income taxes:(10)(4)(13)(31)(17)(25)(7)
Income tax expense (benefit)(0) (0)0(12)85
Loss before gain (loss) on sale of properties:(10)(4)(13)(31)(29)(17)(2)
Other undisclosed net loss      (0)
Net loss:(10)(4)(13)(31)(29)(17)(2)
Net income attributable to noncontrolling interest    0  
Other undisclosed net income (loss) attributable to parent0     (1)
Net loss available to common stockholders, diluted:(10)(4)(13)(31)(29)(17)(3)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(10)(4)(13)(31)(29)(17)(2)
Other comprehensive income (loss)  010(1)(0)
Comprehensive loss:(10)(4)(13)(31)(29)(18)(2)
Comprehensive income, net of tax, attributable to noncontrolling interest    0  
Other undisclosed comprehensive loss, net of tax, attributable to parent      (1)
Comprehensive loss, net of tax, attributable to parent:(10)(4)(13)(31)(28)(18)(4)

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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