Grom Social Enterprises, Inc. financial data

Symbol
GROM, GROMW on Nasdaq
Industry
Services-Computer Programming, Data Processing, Etc.
Location
2060 Nw Boca Raton Blvd. #6, Boca Raton, Florida
State of incorporation
Florida
Fiscal year end
December 31
Former names
Illumination America, Inc. (to 8/11/2017)
Latest financial report
Q1 2024 - May 20, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 100 % -38.2%
Quick Ratio 1.62 % -55.1%
Debt-to-equity 30.3 % -10.7%
Return On Equity -89.9 % -34.1%
Return On Assets -70.4 % -37%
Operating Margin -358 % -4.01%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 9.02 M shares -0.25%
Common Stock, Shares, Outstanding 8.93 M shares +21.6%
Entity Public Float 2.79 M USD -61.8%
Common Stock, Value, Issued 8.93 K USD +21.6%
Weighted Average Number of Shares Outstanding, Basic 2.81 M shares +932%
Weighted Average Number of Shares Outstanding, Diluted 2.81 M shares +932%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.72 M USD -31.1%
Operating Income (Loss) -13.3 M USD +28.4%
Nonoperating Income (Expense) -2.42 M USD -169%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -15.7 M USD -4.21%
Income Tax Expense (Benefit) -18.5 K USD -104%
Net Income (Loss) Attributable to Parent -14.3 M USD +5.01%
Earnings Per Share, Basic -8.46 USD/shares +98.2%
Earnings Per Share, Diluted -8.46 USD/shares +98.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 452 K USD -89.1%
Accounts Receivable, after Allowance for Credit Loss, Current 821 K USD -0.68%
Inventory, Net 44.8 K USD -54.8%
Assets, Current 2.01 M USD -64.7%
Deferred Income Tax Assets, Net 0 USD -100%
Property, Plant and Equipment, Net 108 K USD -41.4%
Operating Lease, Right-of-Use Asset 721 K USD -29.3%
Intangible Assets, Net (Excluding Goodwill) 5.15 M USD -3.2%
Goodwill 5.69 M USD -46.1%
Other Assets, Noncurrent 0 USD -100%
Assets 18.9 M USD -22.6%
Accounts Payable, Current 734 K USD +75.2%
Employee-related Liabilities, Current 84.8 K USD -8.82%
Accrued Liabilities, Current 321 K USD +6.05%
Contract with Customer, Liability, Current 437 K USD -1.83%
Liabilities, Current 3.34 M USD +30.2%
Operating Lease, Liability, Noncurrent 553 K USD -28.5%
Other Liabilities, Noncurrent 405 K USD +78.8%
Liabilities 4.31 M USD +20.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -350 K USD -156%
Retained Earnings (Accumulated Deficit) -101 M USD -17.6%
Stockholders' Equity Attributable to Parent 13.8 M USD -26.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 14.6 M USD -30%
Liabilities and Equity 18.9 M USD -22.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.25 M USD -3.36%
Net Cash Provided by (Used in) Financing Activities 205 K USD -91.5%
Net Cash Provided by (Used in) Investing Activities -3.74 K USD +64.4%
Common Stock, Shares Authorized 500 M shares 0%
Common Stock, Shares, Issued 8.93 M shares +21.6%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -2.05 M USD -873%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 452 K USD -89.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 3.87 K USD -44.1%
Deferred Tax Assets, Valuation Allowance 18.6 M USD +60.5%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 0 USD
Operating Lease, Liability 858 K USD +137%
Depreciation 92.6 K USD -71.5%
Payments to Acquire Property, Plant, and Equipment 3.74 K USD -75.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -14.6 M USD +4.24%
Lessee, Operating Lease, Liability, to be Paid 927 K USD -29.7%
Property, Plant and Equipment, Gross 4.12 M USD -2.49%
Operating Lease, Liability, Current 193 K USD -24%
Lessee, Operating Lease, Liability, to be Paid, Year Two 222 K USD -20.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 273 K USD -5.06%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Deferred Income Tax Expense (Benefit) 0 USD -100%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 226 K USD +623%
Lessee, Operating Lease, Liability, to be Paid, Year Three 233 K USD -17.4%
Deferred Tax Assets, Operating Loss Carryforwards 13.7 M USD +20.9%
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) -18.5 K USD
Preferred Stock, Shares Authorized 25 M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 236 K USD +5.65%
Operating Lease, Payments 84.4 K USD -11.4%
Additional Paid in Capital 115 M USD +9.95%
Current State and Local Tax Expense (Benefit) 0 USD
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 170 K USD -2.49%
Depreciation, Depletion and Amortization 580 K USD +44.9%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 115 K USD -63.2%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Interest Expense 1.63 M USD +151%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%