MariMed Inc. (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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	9.79	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	9.79	14.73	9.86	29.93	4.36	2.19
Cash Growth	-27.06%	49.42%	-67.06%	587.15%	99.11%	-46.69%
Accounts Receivable	7.32	7.2	4.16	1.67	6.68	1.67
Other Receivables	0.88	0.74	0.73	1.68	1.94	1.8
Receivables	8.25	7.99	7.53	3.47	9.27	3.78
Inventory	34.98	25.31	19.48	9.77	6.83	1.22
Other Current Assets	3.67	3.41	7.28	1.44	0.58	0.19
Total Current Assets	56.68	51.43	44.15	44.61	21.04	7.38
Property, Plant & Equipment	108.75	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	19.52	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	212.68	196.12	152.2	123.21	76.45	61.57
Accounts Payable	12.98	9	6.63	5.1	5.04	4.72
Accrued Expenses	6.28	3.55	3.09	3.15	3.78	5.4
Short-Term Debt	-	-	-	-	1.16	24.57
Current Portion of Long-Term Debt	4.37	0.72	3.77	1.41	11.28	0.22
Current Portion of Leases	3.93	3.16	1.51	1.1	1.05	0.96
Current Income Taxes Payable	17.04	14.43	11.49	16.47	0.9	-
Other Current Liabilities	-	-	-	-	0.02	0.86
Total Current Liabilities	44.6	30.86	26.49	27.22	23.23	36.72
Long-Term Debt	71.12	65.65	25.94	17.26	25.43	12.95
Long-Term Leases	10.02	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	125.84	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	173.11	171.14	142.37	134.92	112.97	112.25
Retained Earnings	-103.92	-99.96	-83.92	-97.39	-104.62	-106.76
Comprehensive Income & Other	-	-	0.04	-	0.01	1.17
Total Common Equity	69.58	71.56	58.82	37.86	8.68	6.88
Minority Interest	-1.74	-1.65	-1.51	-1.56	-0.58	-0.55
Shareholders' Equity	86.84	88.91	95.04	74.02	22.83	6.33
Total Liabilities & Equity	212.68	196.12	152.2	123.21	76.45	61.57
Total Debt	89.44	80.13	35.86	24.37	43.78	44.17
Net Cash (Debt)	-79.65	-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	381.31	375.13	341.48	335.18	319.13	230.29
Total Common Shares Outstanding	380.99	375.13	341.47	334.03	314.42	228.41
Working Capital	12.08	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	34.24	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	6.15	4.82	4.45	4.45	3.99	3.89
Buildings	55.26	54.74	43.54	35.23	29.31	27.06
Machinery	20.36	18.59	12.1	9.11	5.24	4.39
Construction In Progress	7.1	0.43	4.76	10.57	3.14	2.83
Leasehold Improvements	26.41	25.45	17.02	9.75	8.84	7.76

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