Rocky Mountain Industrials, Inc. (RMRI) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
4601 DTC BLVD. DENVER, CO 80237 |
| State of Incorp. | NV |
| Fiscal Year End | March 31 |
| Industry (SIC) | 738 - Miscellaneous Business Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2021 TTM | 3/31/2021 | 3/31/2020 | 3/31/2019 | 3/31/2018 | 3/31/2017 | 9/30/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 4,237 | 1,622 | 59 | 528 | 815 | 1,608 | 2 | ||
| Cash and cash equivalents | 4,237 | 1,622 | 59 | 528 | 815 | 1,608 | 2 | ||
| Restricted cash and investments | 185 | 185 | 218 | 112 | 196 | ||||
| Receivables | 643 | 72 | 129 | 103 | 80 | 57 | |||
| Inventory, net of allowances, customer advances and progress billings | 45 | 10 | 49 | 54 | 24 | ||||
| Inventory | 45 | 10 | 49 | 54 | 24 | ||||
| Prepaid expense | 396 | 588 | 385 | 140 | 49 | 53 | |||
| Deferred costs | 237 | ||||||||
| Disposal group, including discontinued operation | 5 | ||||||||
| Other undisclosed current assets | 2,446 | 3,404 | (237) | ||||||
| Total current assets: | 7,952 | 5,876 | 800 | 932 | 1,194 | 1,741 | 2 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 34 | 242 | 520 | ✕ | ✕ | ✕ | ✕ | ||
| Inventory, real estate | 6,999 | 6,930 | |||||||
| Property, plant and equipment | 2,507 | 2,673 | 5,358 | 3,261 | 3,827 | 3,679 | |||
| Intangible assets, net (including goodwill) | 56 | 65 | 306 | 41 | 41 | 41 | |||
| Goodwill | 306 | 41 | 41 | 41 | |||||
| Intangible assets, net (excluding goodwill) | 56 | 65 | |||||||
| Regulated entity, other noncurrent assets | 23 | 55 | |||||||
| Deposits noncurrent assets | 112 | 111 | |||||||
| Other undisclosed noncurrent assets | 49 | 21 | 6,925 | 5,414 | 3,663 | 81 | 240 | ||
| Total noncurrent assets: | 9,781 | 10,096 | 13,109 | 8,715 | 7,531 | 3,801 | 240 | ||
| TOTAL ASSETS: | 17,733 | 15,972 | 13,909 | 9,647 | 8,724 | 5,542 | 242 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3,092 | 2,266 | 2,504 | 1,058 | 722 | 1,371 | 1,478 | ||
| Accounts payable | 1,133 | 610 | 1,300 | 875 | 608 | 947 | 672 | ||
| Accrued liabilities | 236 | 647 | 1,065 | 182 | 114 | 424 | 806 | ||
| Interest and dividends payable | 1,723 | 1,009 | 140 | ||||||
| Debt | 4,737 | 4,474 | 2,778 | 361 | 224 | 246 | |||
| Due to related parties | 202 | 2,368 | 1,149 | ||||||
| Other liabilities | 424 | ||||||||
| Other undisclosed current liabilities | 1,248 | 1,311 | 1,210 | 1,315 | 2,290 | 3,206 | |||
| Total current liabilities: | 9,076 | 8,476 | 6,492 | 2,734 | 3,437 | 7,191 | 2,627 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 461 | 952 | 1,516 | 2,278 | 1,582 | ||||
| Long-term debt, excluding current maturities | 461 | 952 | 1,516 | 2,247 | 1,517 | ||||
| Capital lease obligations | ✕ | ✕ | ✕ | 31 | 65 | ||||
| Liabilities, other than long-term debt | 128 | 120 | 109 | 101 | 66 | 47 | |||
| Deferred rent credit | 40 | 15 | ✕ | ✕ | |||||
| Asset retirement obligations | 128 | 120 | 109 | 61 | 51 | 47 | |||
| Other undisclosed noncurrent liabilities | 34 | 242 | 720 | 283 | 427 | ||||
| Total noncurrent liabilities: | 623 | 1,314 | 2,345 | 101 | 2,628 | 2,056 | |||
| Total liabilities: | 9,700 | 9,789 | 8,837 | 2,835 | 6,065 | 9,246 | 2,627 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 8,033 | (5,709) | 5,072 | 6,673 | 2,848 | (3,759) | (2,384) | ||
| Preferred stock | 4,327 | ||||||||
| Additional paid in capital | 57,380 | 51,658 | 49,276 | 42,102 | 30,238 | 5,664 | 107 | ||
| Retained earnings (accumulated deficit) | (61,239) | (57,368) | (48,572) | (35,429) | (27,429) | (9,460) | 2,528 | ||
| Other undisclosed stockholders' equity attributable to parent | 11,893 | 41 | 39 | 37 | (5,020) | ||||
| Stockholders' equity attributable to noncontrolling interest | 99 | (188) | 55 | ||||||
| Other undisclosed stockholders' equity | 11,893 | 40 | |||||||
| Total stockholders' equity: | 8,033 | 6,183 | 5,072 | 6,812 | 2,659 | (3,704) | (2,384) | ||
| TOTAL LIABILITIES AND EQUITY: | 17,733 | 15,972 | 13,909 | 9,647 | 8,724 | 5,542 | 242 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2021 TTM | 3/31/2021 | 3/31/2020 | 3/31/2019 | 3/31/2018 | 3/31/2017 | 9/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,581 | 680 | 2,091 | 1,430 | 1,060 | 419 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (2,131) | (699) | (1,878) | (1,304) | (962) | (385) | ||
| Gross profit: | 450 | (19) | 213 | 126 | 99 | 34 | ||
| Operating expenses | (5,472) | (5,314) | (2,534) | |||||
| Other undisclosed operating income (loss) | (11,856) | (12,133) | (12,337) | (8,835) | 6 | |||
| Operating loss: | (11,406) | (12,152) | (12,125) | (8,709) | (5,374) | (5,280) | (2,528) | |
| Nonoperating income (Other Nonoperating income) | 439 | 1,000 | ||||||
| Interest and debt expense | (12,083) | |||||||
| Loss from continuing operations before equity method investments, income taxes: | (10,967) | (12,152) | (12,125) | (7,709) | (17,457) | (5,280) | (2,528) | |
| Other undisclosed income (loss) from continuing operations before income taxes | 10,014 | 5,619 | (428) | (516) | (750) | (270) | ||
| Loss from continuing operations before income taxes: | (953) | (6,533) | (12,553) | (8,225) | (18,206) | (5,550) | (2,528) | |
| Income tax expense (benefit) | 1 | (5) | (2) | |||||
| Loss before gain (loss) on sale of properties: | (953) | (6,533) | (12,552) | (8,225) | (18,212) | (5,552) | (2,528) | |
| Other undisclosed net loss | (1,394) | |||||||
| Net loss: | (953) | (7,926) | (12,552) | (8,225) | (18,212) | (5,552) | (2,528) | |
| Net income (loss) attributable to noncontrolling interest | (11) | 243 | 110 | |||||
| Other undisclosed net income attributable to parent | 800 | 22 | ||||||
| Net loss available to common stockholders, diluted: | (153) | (7,926) | (12,552) | (8,214) | (17,969) | (5,442) | (2,528) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 TTM | 3/31/2021 | 3/31/2020 | 3/31/2019 | 3/31/2018 | 3/31/2017 | 9/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (953) | (7,926) | (12,552) | (8,225) | (18,212) | (5,552) | (2,528) | |
| Comprehensive loss: | (953) | (7,926) | (12,552) | (8,225) | (18,212) | (5,552) | (2,528) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (11) | 243 | 110 | |||||
| Comprehensive loss, net of tax, attributable to parent: | (953) | (7,926) | (12,552) | (8,236) | (17,969) | (5,442) | (2,528) | |
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.