theMaven, Inc. (MVEN) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
1500 FOURTH AVENUE, SUITE 200 SEATTLE, WA 98101 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4841 - Cable and Other Pay Television Services (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 | 9,034 | 8,852 | 2,424 | 619 | 598 | 2,322 | |||
| Cash and cash equivalents | 9,034 | 8,852 | 2,407 | 619 | 598 | 546 | |||
| Short-term investments | 17 | 1,776 | |||||||
| Restricted cash and investments | 501 | 621 | 121 | 3,000 | |||||
| Receivables | 16,560 | 16,296 | 53 | ||||||
| Prepaid expense | 3,400 | 3,371 | 637 | ||||||
| Contract with customer, asset | 28,147 | 3,143 | ✕ | ✕ | ✕ | ||||
| Deferred costs | 17 | 14 | |||||||
| Other current assets | 30 | ||||||||
| Other undisclosed current assets | 16,205 | 15,878 | 6,335 | 174 | 122 | ||||
| Total current assets: | 73,846 | 48,160 | 9,533 | 3,861 | 720 | 2,352 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 18,292 | 3,981 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 1,129 | 661 | 69 | 2,688 | 548 | ||||
| Intangible assets, net (including goodwill) | 87,641 | 107,544 | 22,728 | 20 | 20 | ||||
| Goodwill | 16,139 | 16,139 | 7,324 | ||||||
| Intangible assets, net (excluding goodwill) | 71,502 | 91,404 | 15,404 | 20 | 20 | ||||
| Contract with customer, asset, net | 13,359 | ✕ | ✕ | ✕ | |||||
| Other noncurrent assets | 1,331 | 1,085 | 120 | ||||||
| Other undisclosed noncurrent assets | 18,606 | 35,560 | 4,708 | ||||||
| Total noncurrent assets: | 140,358 | 148,831 | 27,624 | 2,708 | 568 | ||||
| TOTAL ASSETS: | 214,204 | 196,991 | 37,158 | 6,569 | 1,288 | 2,352 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 26,531 | 28,267 | 7,326 | 312 | 209 | 10 | |||
| Accounts payable | 8,229 | 9,580 | 4,944 | 162 | 154 | 10 | |||
| Accrued liabilities | 14,718 | 18,687 | 2,382 | 150 | 55 | ||||
| Employee-related liabilities | 2,520 | ||||||||
| Taxes payable | 1,064 | ||||||||
| Deferred revenue | 61,626 | 32,163 | 396 | ✕ | ✕ | ✕ | |||
| Debt | 7,179 | 741 | 1,445 | ||||||
| Derivative instruments and hedges, liabilities | 1,148 | 1,644 | 1,364 | 73 | 137 | 76 | |||
| Other undisclosed current liabilities | 11,080 | 24,726 | 11,319 | 31 | |||||
| Total current liabilities: | 107,563 | 87,541 | 21,850 | 416 | 346 | 86 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 82,080 | 12,817 | 7,271 | ||||||
| Long-term debt, excluding current maturities | 62,194 | 12,817 | 7,271 | ||||||
| Operating lease, liability | 19,886 | ✕ | ✕ | ✕ | ✕ | ||||
| Liabilities, other than long-term debt | 24,463 | 2,858 | 541 | ||||||
| Deferred revenue | 23,499 | 2,616 | 253 | ✕ | ✕ | ✕ | |||
| Deferred rent credit | 46 | ✕ | ✕ | ✕ | |||||
| Deferred income tax liabilities | 211 | ✕ | ✕ | ✕ | ✕ | ||||
| Other liabilities | 753 | 242 | 242 | ||||||
| Other undisclosed noncurrent liabilities | 1,996 | 75,189 | 3,000 | ||||||
| Total noncurrent liabilities: | 108,539 | 90,865 | 7,812 | 3,000 | |||||
| Total liabilities: | 216,102 | 178,406 | 29,662 | 3,416 | 346 | 86 | |||
| Temporary equity, carrying amount | 18,416 | 55,654 | 18,214 | 168 | 168 | 168 | |||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (20,313) | (37,068) | (10,718) | 2,984 | 773 | 2,097 | |||
| Common stock | 2,291 | 371 | 358 | 285 | 220 | 93 | |||
| Additional paid in capital | 139,658 | 35,563 | 23,413 | 11,171 | 2,731 | 64,514 | |||
| Accumulated other comprehensive income | 5 | ||||||||
| Accumulated deficit | (162,273) | (73,041) | (34,540) | (8,472) | (2,188) | (62,527) | |||
| Other undisclosed stockholders' equity attributable to parent | 11 | 39 | 51 | 9 | 13 | ||||
| Total stockholders' equity: | (20,313) | (37,068) | (10,718) | 2,984 | 773 | 2,097 | |||
| TOTAL LIABILITIES AND EQUITY: | 214,204 | 196,991 | 37,158 | 6,569 | 1,288 | 2,352 | |||
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 | 128,032 | 53,343 | 5,700 | 77 | ||||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 77 | |||
| Cost of revenue | (103,063) | (47,301) | (7,642) | (1,591) | ||||
| Gross profit: | 24,969 | 6,042 | (1,941) | (1,514) | ||||
| Operating expenses | (95,877) | (46,852) | (12,072) | (4,836) | (226) | |||
| Operating loss: | (70,908) | (40,809) | (14,014) | (6,349) | (226) | |||
| Nonoperating income (expense) | (18,113) | (17,233) | (12,146) | 65 | 29 | |||
| Investment income, nonoperating | 0 | 32 | ||||||
| Interest and debt expense | (16,497) | (10,464) | (2,509) | |||||
| Loss from continuing operations before equity method investments, income taxes: | (105,518) | (68,506) | (28,668) | (6,284) | (196) | |||
| Other undisclosed income from continuing operations before income taxes | 16,497 | 10,464 | 2,509 | |||||
| Loss from continuing operations before income taxes: | (89,021) | (58,042) | (26,160) | (6,284) | (196) | |||
| Income tax expense (benefit) | (211) | 19,541 | 92 | (1) | ||||
| Net loss attributable to parent: | (89,232) | (38,501) | (26,068) | (6,284) | (197) | |||
| Preferred stock dividends and other adjustments | (15,643) | (18,045) | ||||||
| Net loss available to common stockholders, diluted: | (104,875) | (38,501) | (44,113) | (6,284) | (197) | |||
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 loss: | (89,232) | (38,501) | (26,068) | (6,284) | (197) | |||
| Other comprehensive loss | (2) | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (89,232) | (38,501) | (26,068) | (6,284) | (200) | |||
Statements Sources
The financial statements are based on the Company's filings with 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.