MariMed Inc. (MRMD)

MariMed Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	7.2	7.28	14.65	9.74	29.68	3
Short-Term Investments	-	-	0.09	0.12	0.25	1.36
Cash & Short-Term Investments	7.2	7.28	14.73	9.86	29.93	4.36
Cash Growth	-52.73%	-50.57%	49.42%	-67.06%	587.15%	99.11%
Accounts Receivable	9.18	8.74	7.2	4.16	1.67	6.68
Other Receivables	-	0.56	0.63	0.73	1.68	1.94
Receivables	9.23	9.35	7.88	7.53	3.47	9.27
Inventory	37.56	33.49	25.31	19.48	9.77	6.83
Other Current Assets	4.01	3.39	3.51	7.28	1.44	0.58
Total Current Assets	58	53.51	51.43	44.15	44.61	21.04
Property, Plant & Equipment	106.9	106.97	102.11	77.29	67.28	50.96
Long-Term Investments	-	-	0.22	-	-	1.17
Goodwill	19.48	15.81	11.99	8.08	2.07	2.07
Other Intangible Assets	21.69	18.64	17.01	14.2	0.16	0.16
Other Long-Term Assets	1.12	11.22	12.54	1.02	0.1	0.08
Total Assets	208	206.99	196.12	152.2	123.21	76.45
Accounts Payable	13.97	13.19	9	6.63	5.1	5.04
Accrued Expenses	7.73	4.44	3.55	3.09	3.15	3.78
Short-Term Debt	-	-	-	-	-	1.16
Current Portion of Long-Term Debt	4.79	5.13	0.72	3.77	1.41	11.28
Current Portion of Leases	4.07	4.01	3.16	1.51	1.1	1.05
Current Income Taxes Payable	24.75	21.92	14.43	11.49	16.47	0.9
Other Current Liabilities	-	-	-	-	-	0.02
Total Current Liabilities	55.31	48.68	30.86	26.49	27.22	23.23
Long-Term Debt	69.47	69.86	65.65	25.94	17.26	25.43
Long-Term Leases	9.18	9.48	10.6	4.63	4.6	4.87
Other Long-Term Liabilities	0.1	0.1	0.1	0.1	0.1	0.1
Total Liabilities	134.06	128.11	107.21	57.17	49.18	53.62
Common Stock	0.39	0.38	0.38	0.34	0.33	0.31
Additional Paid-In Capital	178.17	173.37	171.14	142.37	134.92	112.97
Retained Earnings	-117.57	-112.12	-99.96	-83.92	-97.39	-104.62
Comprehensive Income & Other	-	-	-	0.04	-	0.01
Total Common Equity	60.99	61.63	71.56	58.82	37.86	8.68
Minority Interest	-1.78	-1.75	-1.65	-1.51	-1.56	-0.58
Shareholders' Equity	73.94	78.88	88.91	95.04	74.02	22.83
Total Liabilities & Equity	208	206.99	196.12	152.2	123.21	76.45
Total Debt	87.51	88.47	80.13	35.86	24.37	43.78
Net Cash (Debt)	-80.31	-81.19	-65.39	-26	5.57	-39.42
Net Cash Per Share	-0.21	-0.21	-0.18	-0.07	0.01	-0.12
Filing Date Shares Outstanding	382.56	382.17	375.13	341.48	335.18	319.13
Total Common Shares Outstanding	382.56	381.48	375.13	341.47	334.03	314.42
Working Capital	2.69	4.83	20.57	17.66	17.39	-2.18
Book Value Per Share	0.16	0.16	0.19	0.17	0.11	0.03
Tangible Book Value	19.82	27.18	42.56	36.54	35.63	6.45
Tangible Book Value Per Share	0.05	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

Updated Mar 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.