MariMed Inc. (MRMD)

MariMed Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	7.28	14.65	9.74	29.68	3
Short-Term Investments	-	0.09	0.12	0.25	1.36
Cash & Short-Term Investments	7.28	14.73	9.86	29.93	4.36
Cash Growth	-50.57%	49.42%	-67.06%	587.15%	99.11%
Accounts Receivable	8.74	7.2	4.16	1.67	6.68
Other Receivables	0.56	0.63	0.73	1.68	1.94
Receivables	9.35	7.88	7.53	3.47	9.27
Inventory	33.49	25.31	19.48	9.77	6.83
Other Current Assets	3.39	3.51	7.28	1.44	0.58
Total Current Assets	53.51	51.43	44.15	44.61	21.04
Property, Plant & Equipment	106.97	102.11	77.29	67.28	50.96
Long-Term Investments	-	0.22	-	-	1.17
Goodwill	15.81	11.99	8.08	2.07	2.07
Other Intangible Assets	18.64	17.01	14.2	0.16	0.16
Other Long-Term Assets	11.22	12.54	1.02	0.1	0.08
Total Assets	206.99	196.12	152.2	123.21	76.45
Accounts Payable	13.19	9	6.63	5.1	5.04
Accrued Expenses	4.44	3.55	3.09	3.15	3.78
Short-Term Debt	-	-	-	-	1.16
Current Portion of Long-Term Debt	5.13	0.72	3.77	1.41	11.28
Current Portion of Leases	4.01	3.16	1.51	1.1	1.05
Current Income Taxes Payable	21.92	14.43	11.49	16.47	0.9
Other Current Liabilities	-	-	-	-	0.02
Total Current Liabilities	48.68	30.86	26.49	27.22	23.23
Long-Term Debt	69.86	65.65	25.94	17.26	25.43
Long-Term Leases	9.48	10.6	4.63	4.6	4.87
Other Long-Term Liabilities	0.1	0.1	0.1	0.1	0.1
Total Liabilities	128.11	107.21	57.17	49.18	53.62
Common Stock	0.38	0.38	0.34	0.33	0.31
Additional Paid-In Capital	173.37	171.14	142.37	134.92	112.97
Retained Earnings	-112.12	-99.96	-83.92	-97.39	-104.62
Comprehensive Income & Other	-	-	0.04	-	0.01
Total Common Equity	61.63	71.56	58.82	37.86	8.68
Minority Interest	-1.75	-1.65	-1.51	-1.56	-0.58
Shareholders' Equity	78.88	88.91	95.04	74.02	22.83
Total Liabilities & Equity	206.99	196.12	152.2	123.21	76.45
Total Debt	88.47	80.13	35.86	24.37	43.78
Net Cash (Debt)	-81.19	-65.39	-26	5.57	-39.42
Net Cash Per Share	-0.21	-0.18	-0.07	0.01	-0.12
Filing Date Shares Outstanding	382.17	375.13	341.48	335.18	319.13
Total Common Shares Outstanding	381.48	375.13	341.47	334.03	314.42
Working Capital	4.83	20.57	17.66	17.39	-2.18
Book Value Per Share	0.16	0.19	0.17	0.11	0.03
Tangible Book Value	27.18	42.56	36.54	35.63	6.45
Tangible Book Value Per Share	0.07	0.11	0.11	0.11	0.02
Land	6.15	4.82	4.45	4.45	3.99
Buildings	55.83	54.74	43.54	35.23	29.31
Machinery	21.85	18.59	12.1	9.11	5.24
Construction In Progress	0.08	0.43	4.76	10.57	3.14
Leasehold Improvements	31.89	25.45	17.02	9.75	8.84

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