Marathon Patent Group, Inc. (MARA) financial statements (2020 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 6794 - Patent Owners and Lessors (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
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 investments13155354
Cash and cash equivalents13155354
Short-term investments      0
Receivables  00000
Prepaid expense  0 001
Other undisclosed current assets10 022 
Total current assets:13156585
Noncurrent Assets
Operating lease, right-of-use asset0
Property, plant and equipment4100000
Intangible assets, net (including goodwill), including:11121330436
Goodwill   0432
Intangible assets, net (excluding goodwill)11121225436
Other undisclosed intangible assets, net (including goodwill)     (3)(2)
Other noncurrent assets   00  
Deferred tax assets, net   125 
Other undisclosed noncurrent assets  (12)  32
Total noncurrent assets:5201342528
TOTAL ASSETS:751518475913
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1127731
Accounts payable and other accrued liabilities0
Other undisclosed accounts payable and accrued liabilities1127731
Debt01213101 
Estimated litigation liability  2    
Business combination, contingent consideration, liability   00 
Other liabilities1      
Other undisclosed current liabilities002  180
Total current liabilities:2282017221
Noncurrent Liabilities
Long-term debt and lease obligation1  512  
Long-term debt, excluding current maturities1  512  
Operating lease, liability0
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:1  71813 
Total liabilities:3282835351
Stockholders' equity
Stockholders' equity attributable to parent, including:437(9)132412
Preferred stock  0  0 
Common stock0000000
Additional paid in capital1101059750433723
Accumulated other comprehensive income (loss)(0)(0)(0)(1)(1)1(0)
Accumulated deficit(106)(102)(89)(58)(29)(12)(10)
Other undisclosed stockholders' equity attributable to parent   00(1) 
Stockholders' equity attributable to noncontrolling interest   (0)  (0)
Total stockholders' equity:437(9)132412
TOTAL LIABILITIES AND EQUITY:751518475913

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1213719213
Revenue, net    5
Financial services revenue(3)    
Cost of revenue(2)(3)(3)(19)(17)(12)(1)
Cost of goods and services sold      4
Gross profit:(1)(2)(3)182102
Operating expenses(5)(14)(15)(52)(45)(28)(7)
Other undisclosed operating income2331917121
Operating loss:(4)(12)(14)(16)(26)(6)(4)
Nonoperating income (expense)10(3)(2)1(1)(0)
Investment income, nonoperating00000(1)0
Other nonoperating income (expense) 0(3)(0)0  
Interest and debt expense0(0)11(3)(1)(1)(0)
Other undisclosed income from continuing operations before equity method investments, income taxes     10
Loss from continuing operations before equity method investments, income taxes:(3)(12)(7)(20)(27)(7)(4)
Other undisclosed income (loss) from continuing operations before income taxes(0)(1)(25)31  
Loss from continuing operations before income taxes:(4)(13)(31)(17)(25)(7)(4)
Income tax expense (benefit) (0)0(12)85 
Loss from continuing operations:(4)(13)(31)(29)(17)(2)(4)
Income from discontinued operations      0
Loss before gain (loss) on sale of properties:(4)(13)(31)(29)(17)(2)(3)
Other undisclosed net loss     (0) 
Net loss:(4)(13)(31)(29)(17)(2)(3)
Net income attributable to noncontrolling interest   0   
Other undisclosed net loss attributable to parent     (1) 
Net loss available to common stockholders, diluted:(4)(13)(31)(29)(17)(3)(3)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net loss:(4)(13)(31)(29)(17)(2)(3)
Other comprehensive income (loss) 010(1)(0) 
Comprehensive loss:(4)(13)(31)(29)(18)(2)(3)
Comprehensive income, net of tax, attributable to noncontrolling interest   0   
Other undisclosed comprehensive loss, net of tax, attributable to parent     (1)(0)
Comprehensive loss, net of tax, attributable to parent:(4)(13)(31)(28)(18)(4)(3)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: