Mobiquity Technologies, Inc. (MOBQ) financial statements (2022 and earlier)

Company profile

Business Address 35 TORRINGTON LANE
SHOREHAM, NY 11786
State of Incorp. NY
Fiscal Year End December 31
SIC 731 - Advertising (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
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5,3856021,24062456213
Cash and cash equivalents5,3856021,24062456213
Receivables3881,6993,6112,47919299
Inventory, net of allowances, customer advances and progress billings    (32)79
Inventory    (32)79
Other undisclosed current assets124620124939
Total current assets:5,7852,3474,8723,11593630
Noncurrent Assets
Property, plant and equipment2021217 15
Intangible assets, net (including goodwill), including:2,6007,00111,4489,2511037
Goodwill1,3531,3531,353   
Intangible assets, net (excluding goodwill)1,2475,64811,4481,8151037
Other undisclosed intangible assets, net (including goodwill)  (1,353)7,435  
Other noncurrent assets    1143
Other undisclosed noncurrent assets 91,3654,425  
Total noncurrent assets:2,6207,03112,83513,6832196
TOTAL ASSETS:8,4059,37817,70616,798114726
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,3683,1403,9192,2311,1942,076
Accounts payable1,6762,0552,9581,255458915
Accrued liabilities6921,0859619757351,162
Debt5199015661503,20410,832
Derivative instruments and hedges, liabilities    666351
Total current liabilities:2,8874,0424,4852,3815,06413,259
Noncurrent Liabilities
Long-term debt and lease obligation2,6002,4502,300   
Long-term debt, excluding current maturities2,6002,4502,300   
Total noncurrent liabilities:2,6002,4502,300   
Total liabilities:5,4876,4926,7852,3815,06413,259
Stockholders' equity
Stockholders' equity attributable to parent, including:2,9192,88710,921(2,201)(16,503)(12,533)
Preferred stock    00
Common stock1093632010
Treasury stock, value(1,350)(1,350)(1,350)   
Additional paid in capital219,956184,586177,334129,22344,77638,652
Accumulated other comprehensive loss     (13)
Accumulated deficit(221,117)(186,169)(171,137)(127,108)(61,298)(51,182)
Other undisclosed stockholders' equity attributable to parent5,4295,8195,980(4,379)  
Stockholders' equity attributable to noncontrolling interest   663  
Other undisclosed stockholders' equity   4,40211,553 
Total stockholders' equity:2,9192,88710,9212,865(4,950)(12,533)
Other undisclosed liabilities and equity   11,553  
TOTAL LIABILITIES AND EQUITY:8,4059,37817,70616,798114726

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues2,6736,1849,7181,4743862,269
Revenue, net3862,269
Loss on disposition of assets for financial service operations   (2,223)
Cost of revenue(1,954)(4,361)(7,298)(1,044)(684)(1,604)
Cost of goods and services sold    (684)(1,604)
Gross profit:7181,8232,420431(298)665
Operating expenses(16,707)(13,204)(15,882)(17,258)(4,909)(8,950)
Operating loss:(15,989)(11,381)(13,462)(16,827)(5,207)(8,285)
Nonoperating expense(18,959)(3,648)(30,285)(41,684)(5,038)(2,425)
Investment income, nonoperating828(2,997)(3,755)(23,639)3,3771,305
Other nonoperating expense  (23,213)   
Interest and debt expense266(715)(346)(10,604)(4,072)36
Loss from continuing operations before income taxes:(34,682)(15,745)(44,094)(69,115)(14,317)(10,674)
Other undisclosed income (loss) from continuing operations(266)71534610,6044,072 
Loss from continuing operations:(34,948)(15,029)(43,747)(58,511)(10,245)(10,674)
Loss from discontinued operations    (150) 
Loss before gain (loss) on sale of properties:(34,948)(15,029)(43,747)(58,511)(10,395)(10,674)
Other undisclosed net income (loss) (3)(280) 279(50)
Net loss:(34,948)(15,032)(44,028)(58,511)(10,116)(10,725)
Other undisclosed net income (loss) attributable to parent   (7,308)1314
Net loss attributable to parent:(34,948)(15,032)(44,028)(65,819)(10,103)(10,711)
Other undisclosed net income (loss) available to common stockholders, basic  (664)673  
Net loss available to common stockholders, diluted:(34,948)(15,032)(44,692)(65,146)(10,103)(10,711)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net loss:(34,948)(15,032)(44,028)(58,511)(10,116)(10,725)
Comprehensive loss, net of tax, attributable to parent:(34,948)(15,032)(44,028)(58,511)(10,116)(10,725)

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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