Medytox Solutions Inc (MMMS) financial statements (2022 and earlier)

Company profile

Business Address 400 S. AUSTRALIAN AVENUE, SUITE 800
WEST PALM BEACH, FL 33401
State of Incorp.
Fiscal Year End December 31
SIC 8734 - Testing Laboratories (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,4064,1411,774
Cash and cash equivalents2,4064,1411,774
Deposits current assets260  
Prepaid expense and other current assets110
Other undisclosed current assets17,66314,2976,695
Total current assets:20,32918,4388,578
Noncurrent Assets
Property, plant and equipment7,6782,156 
Intangible assets, net (including goodwill)7,5764,6171,051
Goodwill3,1401,4261,051
Intangible assets, net (excluding goodwill)4,4363,191 
Deferred tax assets, net253(42) 
Other undisclosed noncurrent assets(75)1391,219
Total noncurrent assets:15,4326,8702,270
TOTAL ASSETS:35,76125,30810,848
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities13,74210,665 
Accounts payable3,3571,756 
Accrued liabilities2,2972,856 
Taxes payable8,0886,053 
Debt3,5833,883 
Derivative instruments and hedges, liabilities380  
Other undisclosed current liabilities4431,5028,978
Total current liabilities:18,14816,0498,978
Noncurrent Liabilities
Long-term debt and lease obligation2,316448 
Long-term debt, excluding current maturities9342 
Capital lease obligations2,223406 
Liabilities, other than long-term debt25342 
Deferred tax liabilities, net25342 
Other undisclosed noncurrent liabilities  36
Total noncurrent liabilities:2,56949036
Total liabilities:20,71716,5399,014
Stockholders' equity
Stockholders' equity attributable to parent, including:14,9238,6481,710
Common stock33 
Additional paid in capital5,3571,905617
Retained earnings9,5636,7521,094
Other undisclosed stockholders' equity attributable to parent0(12) 
Stockholders' equity attributable to noncontrolling interest121121 
Total stockholders' equity:15,0448,7691,710
TOTAL LIABILITIES AND EQUITY:35,76125,30810,724

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

12/31/2014
12/31/2013
12/31/2012
Revenues77,22452,52421,076
Revenue, net57,928  
Cost of revenue
(Cost of Goods and Services Sold)
(15,920)(9,571) 
Gross profit:61,30342,95321,076
Operating expenses(42,273)(38,024)(23,983)
Other undisclosed operating income (loss)(3,376)9,571 
Operating income (loss):15,65514,500(2,907)
Nonoperating expense(142)(619) 
Investment income, nonoperating134  
Other nonoperating expense(273)(671) 
Interest and debt expense(526)(475)654
Income (loss) from continuing operations before income taxes:14,98613,406(2,253)
Income tax expense(7,561)(5,569) 
Income (loss) before gain (loss) on sale of properties:7,4257,838(2,253)
Other undisclosed net income395422 
Net income (loss):7,8208,260(2,253)
Other undisclosed net income (loss) attributable to parent(5,010)(2,601)5,000
Net income attributable to parent:2,8105,6592,747
Preferred stock dividends and other adjustments(5,010)(2,601) 
Net income (loss) available to common stockholders, basic:(2,200)3,0572,747
Dilutive securities, effect on basic earnings per share14  
Other undisclosed net income available to common stockholders, diluted5,010  
Net income available to common stockholders, diluted:2,8243,0572,747

Comprehensive Income ($ in thousands)

12/31/2014
12/31/2013
12/31/2012
Net income (loss):7,8208,260(2,253)
Comprehensive income (loss), net of tax, attributable to parent:7,8208,260(2,253)

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: