MariMed Inc. (CSE: MRMD)

MariMed Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	10.19	14.65	9.74	29.68	3	0.74
Short-Term Investments	-	0.09	0.12	0.25	1.36	1.45
Cash & Short-Term Investments	10.19	14.73	9.86	29.93	4.36	2.19
Cash Growth	-30.84%	49.42%	-67.06%	587.15%	99.11%	-46.69%
Accounts Receivable	7.74	7.2	4.16	1.67	6.68	1.67
Other Receivables	0.83	0.74	0.73	1.68	1.94	1.8
Receivables	8.62	7.99	7.53	3.47	9.27	3.78
Inventory	31.14	25.31	19.48	9.77	6.83	1.22
Other Current Assets	3.1	3.41	7.28	1.44	0.58	0.19
Total Current Assets	53.05	51.43	44.15	44.61	21.04	7.38
Property, Plant & Equipment	107.35	102.11	77.29	67.28	50.96	48.69
Long-Term Investments	-	0.22	-	-	1.17	1.32
Goodwill	15.81	11.99	8.08	2.07	2.07	2.07
Other Intangible Assets	20.4	17.01	14.2	0.16	0.16	0.3
Other Long-Term Assets	11.1	12.54	1.02	0.1	0.08	0.18
Total Assets	208.53	196.12	152.2	123.21	76.45	61.57
Accounts Payable	11.85	9	6.63	5.1	5.04	4.72
Accrued Expenses	5.05	3.55	3.09	3.15	3.78	5.4
Short-Term Debt	-	-	-	-	1.16	24.57
Current Portion of Long-Term Debt	3.87	0.72	3.77	1.41	11.28	0.22
Current Portion of Leases	3.5	3.16	1.51	1.1	1.05	0.96
Current Income Taxes Payable	16.39	14.43	11.49	16.47	0.9	-
Other Current Liabilities	-	-	-	-	0.02	0.86
Total Current Liabilities	40.66	30.86	26.49	27.22	23.23	36.72
Long-Term Debt	69.5	65.65	25.94	17.26	25.43	12.95
Long-Term Leases	10.67	10.6	4.63	4.6	4.87	5.47
Other Long-Term Liabilities	0.1	0.1	0.1	0.1	0.1	0.1
Total Liabilities	120.93	107.21	57.17	49.18	53.62	55.24
Common Stock	0.38	0.38	0.34	0.33	0.31	0.23
Additional Paid-In Capital	172.84	171.14	142.37	134.92	112.97	112.25
Retained Earnings	-102.9	-99.96	-83.92	-97.39	-104.62	-106.76
Comprehensive Income & Other	-	-	0.04	-	0.01	1.17
Total Common Equity	70.32	71.56	58.82	37.86	8.68	6.88
Minority Interest	-1.72	-1.65	-1.51	-1.56	-0.58	-0.55
Shareholders' Equity	87.6	88.91	95.04	74.02	22.83	6.33
Total Liabilities & Equity	208.53	196.12	152.2	123.21	76.45	61.57
Total Debt	87.54	80.13	35.86	24.37	43.78	44.17
Net Cash (Debt)	-77.35	-65.39	-26	5.57	-39.42	-41.98
Net Cash Per Share	-0.21	-0.18	-0.07	0.01	-0.12	-0.20
Filing Date Shares Outstanding	380.61	375.13	341.48	335.18	319.13	230.29
Total Common Shares Outstanding	380.34	375.13	341.47	334.03	314.42	228.41
Working Capital	12.4	20.57	17.66	17.39	-2.18	-29.34
Book Value Per Share	0.18	0.19	0.17	0.11	0.03	0.03
Tangible Book Value	34.1	42.56	36.54	35.63	6.45	4.52
Tangible Book Value Per Share	0.09	0.11	0.11	0.11	0.02	0.02
Land	5.79	4.82	4.45	4.45	3.99	3.89
Buildings	55.24	54.74	43.54	35.23	29.31	27.06
Machinery	20.15	18.59	12.1	9.11	5.24	4.39
Construction In Progress	4.89	0.43	4.76	10.57	3.14	2.83
Leasehold Improvements	26.21	25.45	17.02	9.75	8.84	7.76

Source: S&P Capital IQ. Standard template. Financial Sources.