Medalist Diversified REIT, Inc. (MDRR) financial statements (2022 and earlier)
Company profile
| Business Address |
, |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| SIC | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 4,370 | 2,863 | 614 | ||
| Cash and cash equivalents | 4,370 | 2,863 | 614 | ||
| Total current assets: | 4,370 | 2,863 | 614 | ||
| Noncurrent Assets | |||||
| Intangible assets, net (including goodwill) | 4,200 | 3,256 | 4,458 | ||
| Intangible assets, net (excluding goodwill) | 4,200 | 3,256 | 4,458 | ||
| Total noncurrent assets: | 4,200 | 3,256 | 4,458 | ||
| Other undisclosed assets | 83,976 | 73,152 | 78,167 | ||
| TOTAL ASSETS: | 92,547 | 79,272 | 83,239 | ||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 219 | 339 | |||
| Interest and dividends payable | 219 | 339 | |||
| Debt | 325 | 1,990 | |||
| Due to related parties | 852 | ||||
| Total current liabilities: | 219 | 664 | 2,842 | ||
| Noncurrent Liabilities | |||||
| Other undisclosed liabilities | 69,329 | 66,898 | 59,544 | ||
| Total liabilities: | 69,549 | 67,562 | 62,386 | ||
| Stockholders' equity | |||||
| Stockholders' equity attributable to parent, including: | 21,474 | 10,862 | 18,199 | ||
| Common stock | 161 | 48 | 45 | ||
| Additional paid in capital | 49,645 | 33,105 | 31,702 | ||
| Accumulated deficit | (24,981) | (19,299) | (10,556) | ||
| Other undisclosed stockholders' equity attributable to parent | (3,351) | (2,992) | (2,992) | ||
| Stockholders' equity attributable to noncontrolling interest | 878 | 883 | 831 | ||
| Other undisclosed stockholders' equity | 647 | (35) | 1,824 | ||
| Total stockholders' equity: | 22,998 | 11,710 | 20,853 | ||
| TOTAL LIABILITIES AND EQUITY: | 92,547 | 79,272 | 83,239 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|
| Revenues | 11,473 | 9,276 | 8,269 | |
| Cost of revenue (Cost of Goods and Services Sold) | (605) | (486) | ||
| Gross profit: | 11,473 | 8,671 | 7,783 | |
| Operating expenses | (10,783) | (15,018) | (9,517) | |
| Other undisclosed operating income | 125 | 605 | 486 | |
| Operating income (loss): | 815 | (5,742) | (1,248) | |
| Interest and debt expense | (5,534) | (3,961) | (2,473) | |
| Loss from continuing operations before equity method investments, income taxes: | (4,720) | (9,703) | (3,721) | |
| Other undisclosed loss from continuing operations before income taxes | (84) | |||
| Loss before gain (loss) on sale of properties: | (4,720) | (9,703) | (3,804) | |
| Other undisclosed net income | 361 | 121 | ||
| Net loss: | (4,358) | (9,582) | (3,804) | |
| Net income (loss) attributable to noncontrolling interest | (4) | 246 | 54 | |
| Other undisclosed net income (loss) attributable to parent | (2) | 1,155 | 734 | |
| Net loss available to common stockholders, diluted: | (4,364) | (8,181) | (3,016) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|
| Net loss: | (4,358) | (9,582) | (3,804) | |
| Comprehensive loss, net of tax, attributable to parent: | (4,358) | (9,582) | (3,804) | |
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.