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MARIJUANA COMPANY OF AMERICA, INC.: 10-Q filed 2020-08-14

What MARIJUANA COMPANY OF AMERICA, INC. reported in its quarterly report filed 2020-08-14 (fiscal Q2 2020): 39 published measures, 108 facts as tagged in accession 0001262463-20-000333.

This filing

Form
10-Q (quarterly report)
Filed
2020-08-14
Fiscal period
fiscal Q2 2020
Accession
0001262463-20-000333 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All MARIJUANA COMPANY OF AMERICA, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2020-06-301,009,641USD
At 2019-12-311,143,722USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2020-06-308,177,648USD
At 2019-12-3111,752,923USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2020-06-30-7,168,006USD
At 2019-12-31-10,609,201USD
At 2019-06-30-2,813,066USD
At 2018-12-31-3,134,105USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2020-06-3018,989USD
At 2019-12-31211,765USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2020-04-01 to 2020-06-30-186,819USD91
2020-01-01 to 2020-06-30-2,305,121USD182
2019-04-01 to 2019-06-30-419,624USD91
2019-01-01 to 2019-06-30-4,652,001USD181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2020-01-01 to 2020-06-30-669,005USD182
2019-01-01 to 2019-06-30-1,430,589USD181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2020-01-01 to 2020-06-301,271USD182
2019-01-01 to 2019-06-302,703USD181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2020-04-01 to 2020-06-3082,958USD91
2020-01-01 to 2020-06-30164,777USD182
2019-04-01 to 2019-06-30208,580USD91
2019-01-01 to 2019-06-30323,390USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2020-01-01 to 2020-06-30477,500USD182
2019-01-01 to 2019-06-301,675,000USD181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2020-01-01 to 2020-06-30-1,271USD182
2019-01-01 to 2019-06-30-501,361USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2020-06-30-76,469,334USD
At 2019-12-31-74,164,213USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2020-04-01 to 2020-06-300USD91
2020-01-01 to 2020-06-300USD182
2019-04-01 to 2019-06-300USD91
2019-01-01 to 2019-06-300USD181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2020-06-305,455USD
At 2019-12-317,512USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2020-04-01 to 2020-06-30536,452USD91
2020-01-01 to 2020-06-30542,767USD182
2019-04-01 to 2019-06-30395,400USD91
2019-01-01 to 2019-06-30549,250USD181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2020-04-01 to 2020-06-30-875,235USD91
2020-01-01 to 2020-06-30-1,267,392USD182
2019-04-01 to 2019-06-30-1,299,669USD91
2019-01-01 to 2019-06-30-2,213,774USD181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2020-06-30292,437USD
At 2019-12-31417,694USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2020-04-01 to 2020-06-30881,945USD91
2020-01-01 to 2020-06-301,772,096USD182
2019-04-01 to 2019-06-301,005,970USD91
2019-01-01 to 2019-06-301,442,252USD181

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2020-06-308,169,790USD
At 2019-12-3111,745,065USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2020-06-30747,638USD
At 2019-12-31797,789USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2020-06-308,565USD
At 2019-12-3118,317USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2020-04-01 to 2020-06-30919,006USD91
2020-01-01 to 2020-06-301,358,777USD182
2019-04-01 to 2019-06-301,479,110USD91
2019-01-01 to 2019-06-302,468,147USD181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2020-06-30158,465USD
At 2019-12-31149,175USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2020-04-01 to 2020-06-3043,771USD91
2020-01-01 to 2020-06-3091,385USD182
2019-04-01 to 2019-06-30179,441USD91
2019-01-01 to 2019-06-30254,373USD181

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2020-04-01 to 2020-06-3039,187USD91
2020-01-01 to 2020-06-3073,392USD182
2019-04-01 to 2019-06-3029,139USD91
2019-01-01 to 2019-06-3069,017USD181

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2020-04-01 to 2020-06-3074,212USD91
2020-01-01 to 2020-06-30200,667USD182
2019-04-01 to 2019-06-30656,751USD91
2019-01-01 to 2019-06-301,085,762USD181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2020-06-30469,288,934shares
At 2019-12-3177,958,081shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2020-06-3018,989USD
At 2019-12-31211,765USD
At 2019-06-30102,627USD
At 2018-12-31359,577USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2020-06-3068,777,044USD
At 2019-12-3163,467,054USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2020-06-3015,334USD
At 2019-12-3122,101USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2020-06-3022,769USD
At 2019-12-3121,498USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2020-06-3017,314USD
At 2019-12-3113,986USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2020-06-30433,457USD
At 2019-12-31522,258USD

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2020-04-01 to 2020-06-30211,116USD91
2020-01-01 to 2020-06-30415,173USD182
2019-04-01 to 2019-06-30335,264USD91
2019-01-01 to 2019-06-30609,744USD181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2020-04-01 to 2020-06-301,582USD91
2020-01-01 to 2020-06-303,328USD182
2019-04-01 to 2019-06-301,695USD91
2019-01-01 to 2019-06-303,391USD181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2020-01-01 to 2020-06-303,328USD182
2019-01-01 to 2019-06-303,391USD181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2020-04-01 to 2020-06-30688,416USD91
2020-01-01 to 2020-06-30-1,037,729USD182
2019-04-01 to 2019-06-30880,045USD91
2019-01-01 to 2019-06-30-2,438,227USD181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2020-01-01 to 2020-06-30-9,752USD182
2019-01-01 to 2019-06-306,983USD181

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2020-01-01 to 2020-06-309,290USD182
2019-01-01 to 2019-06-3062,469USD181

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2020-01-01 to 2020-06-3014,578USD182
2019-01-01 to 2019-06-30-67,893USD181

Inspect the source

Entity
MARIJUANA COMPANY OF AMERICA, INC. / CIK 0001078799
Captured
SEC response SHA-256
a8598516254c805ed30673517d0bee0bbe166407d0f57d3faf541ed67e3abf98

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001078799.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))