MJ Holdings, Inc. (MJNE) financial statements (2021 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)

9/30/2020
TTM
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 investments158173572,514464303176
Cash and cash equivalents823572,514464303176
Short-term investments150150     
Receivables1712  30  
Inventory, net of allowances, customer advances and progress billings  1,588    
Inventory  1,588    
Prepaid expense33947748167  
Disposal group, including discontinued operation    54  
Other current assets 156     
Other undisclosed current assets  338    
Total current assets:5158182,4632,519555303176
Noncurrent Assets
Operating lease, right-of-use asset2,0342,194
Property, plant and equipment4,2734,5742,62918 3,7502,955
Intangible assets, net (including goodwill)300300300300   
Intangible assets, net (excluding goodwill)300300300300   
Deposits noncurrent assets29029013942   
Disposal group, including discontinued operation, noncurrent assets   13,808  
Other undisclosed noncurrent assets  150 1  
Total noncurrent assets:6,8977,3583,2183613,8093,7502,955
Other undisclosed assets     230283
TOTAL ASSETS:7,4118,1765,6812,8804,3644,2833,414
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,8531,07661970  17
Interest and dividends payable      17
Other undisclosed accounts payable and accrued liabilities1,8531,07661970   
Deferred revenue539 
Debt1801,250313900 2,700 
Due to related parties200      
Disposal group, including discontinued operation    2,723  
Other liabilities432      
Other undisclosed current liabilities240679386 133  
Total current liabilities:3,4453,0041,3199702,8562,70017
Noncurrent Liabilities
Long-term debt and lease obligation3,8853,0611,036    
Long-term debt, excluding current maturities1,9349301,036    
Operating lease, liability1,9512,131
Liabilities, other than long-term debt  204105   
Deferred rent credit  204105
Other undisclosed noncurrent liabilities(1,951)(2,131)  70  
Total noncurrent liabilities:3,8853,0611,24010570  
Other undisclosed liabilities     2392,081
Total liabilities:7,3296,0652,5591,0752,9262,9392,098
Stockholders' equity
Stockholders' equity attributable to parent, including:1932,2153,1221,8051,4381,3441,316
Common stock66657163141414
Common stock, value, subscriptions   400   
Additional paid in capital18,24418,17810,9221,7052,7792,7792,640
Accumulated deficit(18,241)(16,038)(7,870)(363)(1,355)(1,449)(1,338)
Other undisclosed stockholders' equity attributable to parent12510     
Stockholders' equity attributable to noncontrolling interest(111)(104)     
Total stockholders' equity:822,1113,1221,8051,4381,3441,316
TOTAL LIABILITIES AND EQUITY:7,4118,1765,6812,8804,3644,2833,414

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

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues3978988 9626109
Revenue, net  626109
Net investment income    9  
Other income 421    
Cost of revenue(302)(1,188)(10)  (124)(73)
Cost of goods and services sold     (124)(73)
Gross profit:95(290)(2) 950236
Operating expenses(5,746)(8,350)(4,814)(270)(93)(483)(1,170)
Other undisclosed operating income3021,18810  12473
Operating income (loss):(5,349)(7,452)(4,806)(270)(84)142(1,061)
Nonoperating expense(844)(820)(202)    
Investment income, nonoperating14 (187)    
Debt instrument, convertible, beneficial conversion feature 2,500     
Interest and debt expense(59)(128) (65) (254)(104)
Other undisclosed income from continuing operations before equity method investments, income taxes29      
Loss from continuing operations before equity method investments, income taxes:(6,222)(8,400)(5,008)(335)(84)(112)(1,165)
Other undisclosed income from continuing operations before income taxes30128  0  
Loss from continuing operations:(6,193)(8,272)(5,008)(335)(84)(112)(1,165)
Income from discontinued operations    179  
Net income (loss):(6,193)(8,272)(5,008)(335)95(112)(1,165)
Net loss attributable to noncontrolling interest(2)      
Other undisclosed net income attributable to parent3      
Net income (loss) attributable to parent:(6,191)(8,272)(5,008)(335)95(112)(1,165)
Preferred stock dividends and other adjustments  (2,500)    
Other undisclosed net income available to common stockholders, basic81104     
Net income (loss) available to common stockholders, diluted:(6,110)(8,168)(7,508)(335)95(112)(1,165)

Comprehensive Income ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(6,193)(8,272)(5,008)(335)95(112)(1,165)
Comprehensive income (loss):(6,193)(8,272)(5,008)(335)95(112)(1,165)
Comprehensive loss, net of tax, attributable to noncontrolling interest(2)      
Comprehensive income (loss), net of tax, attributable to parent:(6,194)(8,272)(5,008)(335)95(112)(1,165)

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: