Remark Holdings, Inc. (MARK) financial statements (2021 and earlier)

Company profile

Business Address 800 S COMMERCE ST
LAS VEGAS, NV 89106
State of Incorp. DE
Fiscal Year End December 31
SIC 4899 - Communications Services, Not Elsewhere Classified (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 investments101423752
Cash and cash equivalents101423752
Restricted cash and investments  111299 
Receivables56124211
Inventory, net of allowances, customer advances and progress billings1 10010
Inventory1 10010
Prepaid expense2132220
Other current assets0001100
Other undisclosed current assets003200(1)
Total current assets:97444421182
Noncurrent Assets
Operating lease, right-of-use asset04
Property, plant and equipment0011131671
Long-term investments and receivables1221111
Long-term investments1221111
Accounts and financing receivable, after allowance for credit loss   000 
Intangible assets, net (including goodwill) 13644646512
Goodwill  192027205
Intangible assets, net (excluding goodwill) 1182437457
Restricted cash and investments    22 
Other noncurrent assets11     
Other undisclosed noncurrent assets  111 1
Total noncurrent assets:385060857616
TOTAL ASSETS:1115941041069518
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1522563532263
Accounts payable98311817141
Accrued liabilities714251715121
Deferred revenue00
Debt2153538000
Derivative instruments and hedges, liabilities      1
Due to related parties      0
Deferred revenue and credits151110 
Contract with customer, liability4
Other undisclosed current liabilities  830 3
Total current liabilities:17381039043376
Noncurrent Liabilities
Long-term debt and lease obligation25  38243
Long-term debt, excluding current maturities1   38243
Operating lease, liability05
Liabilities, other than long-term debt2049328220
Other liabilities  34330
Derivative instruments and hedges, liabilities201892519 
Other undisclosed noncurrent liabilities      3
Total noncurrent liabilities:3549365467
Total liabilities:20431071831088313
Stockholders' equity
Stockholders' equity attributable to parent(9)(28)(13)(80)(3)125
Common stock0000000
Additional paid in capital352319308220191173135
Accumulated other comprehensive income (loss)(0)(0)00(0)(0)0
Accumulated deficit(361)(347)(321)(300)(193)(161)(130)
Total stockholders' equity:(9)(28)(13)(80)(3)125
TOTAL LIABILITIES AND EQUITY:1115941041069518

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
Revenues105797159142
Revenue, net7159142
Cost of revenue(10)(4)(25)(17)(11)(2) 
Cost of goods and services sold(6)      
Gross profit:02545448122
Operating expenses(15)(23)(124)(108)(82)(35)(20)
Other undisclosed operating income (loss) (1)251711  
Operating loss:(14)(23)(45)(37)(23)(23)(18)
Nonoperating income (expense)1(0)23(69)(8)(9)(0)
Other nonoperating income (expense) 1000(0)0
Interest and debt expense(1)(2)(6)(5)(9)(2)(0)
Other undisclosed income from continuing operations before equity method investments, income taxes      0
Loss from continuing operations before equity method investments, income taxes:(15)(25)(29)(111)(40)(33)(18)
Other undisclosed income from continuing operations before income taxes126592 
Loss from continuing operations before income taxes:(14)(23)(22)(106)(31)(31)(18)
Income tax expense (benefit)  1(0)(1)  
Net loss:(14)(23)(22)(107)(32)(31)(18)
Other undisclosed net loss attributable to parent (3)     
Net loss available to common stockholders, diluted:(14)(26)(22)(107)(32)(31)(18)

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:(14)(23)(22)(107)(32)(31)(18)
Comprehensive loss:(14)(23)(22)(107)(32)(31)(18)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0(3)(0)0  0
Comprehensive loss, net of tax, attributable to parent:(14)(26)(22)(107)(32)(31)(18)

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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