MJ Holdings, Inc. (MJNE) financial statements (2022 and earlier)

Company profile

Business Address 7320 S RAINBOW BLVD
LAS VEGAS, NV 89139
State of Incorp. NV
Fiscal Year End December 31
SIC 7389 - Business Services, Not Elsewhere Classified (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
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 268173572,514464303
Cash and cash equivalents 11823572,514464303
Short-term investments 150150    
Receivables 912  30 
Inventory, net of allowances, customer advances and progress billings   1,588   
Inventory   1,588   
Prepaid expense 71447748167 
Disposal group, including discontinued operation     54 
Other current assets  156    
Other undisclosed current assets   338   
Total current assets: 9918182,4632,519555303
Noncurrent Assets
Operating lease, right-of-use asset 1,9792,194
Property, plant and equipment 4,1564,5742,62918 3,750
Intangible assets, net (including goodwill) 300300300300  
Intangible assets, net (excluding goodwill) 300300300300  
Deposits noncurrent assets 6529013942  
Disposal group, including discontinued operation, noncurrent assets    13,808 
Other undisclosed noncurrent assets   150 1 
Total noncurrent assets: 6,5007,3583,2183613,8093,750
Other undisclosed assets      230
TOTAL ASSETS: 7,4908,1765,6812,8804,3644,283
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 2,3831,07661970  
Other undisclosed accounts payable and accrued liabilities 2,3831,07661970  
Deferred revenue 539 
Debt 1,1851,250313900 2,700
Due to related parties 300     
Disposal group, including discontinued operation     2,723 
Other liabilities 1,328     
Other undisclosed current liabilities 241679386 133 
Total current liabilities: 5,9773,0041,3199702,8562,700
Noncurrent Liabilities
Long-term debt and lease obligation 2,8113,0611,036   
Long-term debt, excluding current maturities 9229301,036   
Operating lease, liability 1,8902,131
Liabilities, other than long-term debt   204105  
Deferred rent credit   204105
Other undisclosed noncurrent liabilities (1,890)(2,131)  70 
Total noncurrent liabilities: 2,8113,0611,24010570 
Other undisclosed liabilities      239
Total liabilities: 8,7896,0652,5591,0752,9262,939
Stockholders' equity
Stockholders' equity attributable to parent, including: (1,186)2,2153,1221,8051,4381,344
Common stock 696571631414
Common stock, value, subscriptions    400  
Additional paid in capital 18,74918,17810,9221,7052,7792,779
Accumulated deficit (20,003)(16,038)(7,870)(363)(1,355)(1,449)
Other undisclosed stockholders' equity attributable to parent  10    
Stockholders' equity attributable to noncontrolling interest (112)(104)    
Total stockholders' equity: (1,298)2,1113,1221,8051,4381,344
TOTAL LIABILITIES AND EQUITY: 7,4908,1765,6812,8804,3644,283

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 8238988 9626
Revenue, net  626
Net investment income     9 
Other income  421    
Cost of revenue (1,207)(1,188)(10)  (124)
Cost of goods and services sold      (124)
Gross profit: (384)(290)(2) 9502
Operating expenses (4,648)(8,350)(4,814)(270)(93)(483)
Other undisclosed operating income 1,2071,18810  124
Operating income (loss): (3,825)(7,452)(4,806)(270)(84)142
Nonoperating expense (148)(820)(202)   
Investment income, nonoperating 18 (187)   
Debt instrument, convertible, beneficial conversion feature  2,500    
Interest and debt expense (167)(128) (65) (254)
Other undisclosed income from continuing operations before equity method investments, income taxes 167     
Loss from continuing operations before equity method investments, income taxes: (3,973)(8,400)(5,008)(335)(84)(112)
Other undisclosed income from continuing operations before income taxes  128  0 
Loss from continuing operations: (3,973)(8,272)(5,008)(335)(84)(112)
Income from discontinued operations     179 
Net income (loss): (3,973)(8,272)(5,008)(335)95(112)
Net income attributable to noncontrolling interest 9     
Net income (loss) attributable to parent: (3,965)(8,272)(5,008)(335)95(112)
Preferred stock dividends and other adjustments   (2,500)   
Other undisclosed net income available to common stockholders, basic  104    
Net income (loss) available to common stockholders, diluted: (3,965)(8,168)(7,508)(335)95(112)

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): (3,973)(8,272)(5,008)(335)95(112)
Comprehensive income (loss): (3,973)(8,272)(5,008)(335)95(112)
Comprehensive income, net of tax, attributable to noncontrolling interest 9     
Comprehensive income (loss), net of tax, attributable to parent: (3,965)(8,272)(5,008)(335)95(112)

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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