Marijuana Co of America, Inc. (MCOA) financial statements (2022 and earlier)

Company profile

Business Address 633 W. 5TH STREET
LOS ANGELES, CA 90071
State of Incorp. UT
Fiscal Year End December 31
SIC 2833 - Medicinal Chemicals and Botanical Products (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 3142391,170
Cash and cash equivalents 75212360
Short-term investments 23927810
Receivables 91846
Inventory, net of allowances, customer advances and progress billings 103149187
Inventory 103149187
Prepaid expense 56  
Other current assets 561194
Total current assets: 5384181,497
Noncurrent Assets
Finance lease, right-of-use asset 822
Property, plant and equipment 7812
Long-term investments and receivables 1,552694408
Long-term investments 1,552694408
Other undisclosed noncurrent assets 333
Total noncurrent assets: 1,569726423
TOTAL ASSETS: 2,1061,1441,920
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 9621,3551,088
Accounts payable 481798416
Accrued liabilities 401552217
Employee-related liabilities 795454
Debt 1,4623,194290
Derivative instruments and hedges, liabilities 4,4265,6932,257
Due to related parties 4040287
Other undisclosed current liabilities 6781,4641,133
Total current liabilities: 7,56811,7455,054
Noncurrent Liabilities
Total liabilities: 7,56811,7455,054
Stockholders' equity
Stockholders' equity attributable to parent, including: (5,461)(10,609)(3,134)
Preferred stock  1010
Common stock 3,137782,561
Common stock, value, subscriptions   90
Additional paid in capital 77,68863,46748,189
Accumulated deficit (86,310)(74,164)(53,984)
Other undisclosed stockholders' equity attributable to parent 24  
Other undisclosed stockholders' equity  8 
Total stockholders' equity: (5,461)(10,601)(3,134)
TOTAL LIABILITIES AND EQUITY: 2,1061,1441,920

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
Revenues 281695252
Cost of revenue (159)(249)(81)
Gross profit: 121447171
Operating expenses (4,976)(6,917)(3,986)
Operating loss: (4,855)(6,471)(3,815)
Nonoperating expense (7,290)(13,710)(7,281)
Interest and debt expense 78(3,771)(1,343)
Net loss: (12,068)(23,951)(12,439)
Other undisclosed net income (loss) attributable to parent (78)3,7711,343
Net loss available to common stockholders, diluted: (12,145)(20,180)(11,096)

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
Net loss: (12,068)(23,951)(12,439)
Comprehensive loss, net of tax, attributable to parent: (12,068)(23,951)(12,439)

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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