Molekule Group, Inc. financial data

Location
10455 Riverside Drive, Palm Beach Gardens, FL
State of incorporation
DE
Fiscal year end
December 31
Former names
AeroClean Technologies, Inc. (to 12/21/2022), AeroClean Technologies, LLC (to 11/19/2021)
Latest financial report
10-Q - Q2 2023 - Aug 14, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 294 % -73.1%
Quick Ratio 139 % +255%
Debt-to-equity 112 %
Return On Equity -43.8 % +38.7%
Return On Assets -24.6 %
Operating Margin -147 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 34.7M shares +125%
Common Stock, Shares, Outstanding 34M shares +121%
Entity Public Float 114M USD
Common Stock, Value, Issued 340K USD +121%
Weighted Average Number of Shares Outstanding, Basic 33M shares +138%
Weighted Average Number of Shares Outstanding, Diluted 28.9M shares +108%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 21.7M USD +18574%
Revenue from Contract with Customer, Excluding Assessed Tax 623K USD
Research and Development Expense 2.26M USD -14.4%
Operating Income (Loss) -31.9M USD -152%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -33.7M USD -191%
Income Tax Expense (Benefit) 0 USD -100%
Net Income (Loss) Attributable to Parent -13.5M USD -58.5%
Earnings Per Share, Basic -0.97 USD/shares -21.3%
Earnings Per Share, Diluted -0.74 USD/shares +7.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 5.27M USD -81.9%
Accounts Receivable, after Allowance for Credit Loss, Current 2.21M USD +7780%
Inventory, Net 29.4M USD +2830%
Assets, Current 39.3M USD +28.1%
Property, Plant and Equipment, Net 8.63M USD +291%
Operating Lease, Right-of-Use Asset 11M USD
Goodwill 21M USD
Other Assets, Noncurrent 185K USD +753%
Assets 125M USD +281%
Accounts Payable, Current 6.57M USD +855%
Accrued Liabilities, Current 5.87M USD +439%
Liabilities, Current 17.3M USD +874%
Deferred Income Tax Liabilities, Net 1.5M USD +435%
Operating Lease, Liability, Noncurrent 8.25M USD
Liabilities 84.7M USD +407%
Retained Earnings (Accumulated Deficit) -17.9M USD -313%
Stockholders' Equity Attributable to Parent 40.7M USD +151%
Liabilities and Equity 125M USD +281%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -16M USD -778%
Net Cash Provided by (Used in) Financing Activities -172K USD
Net Cash Provided by (Used in) Investing Activities 2.55M USD
Common Stock, Shares Authorized 110M shares 0%
Common Stock, Shares, Issued 34M shares +121%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.9M USD -79.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.25M USD
Deferred Tax Assets, Valuation Allowance 2.95M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 2.95M USD
Operating Lease, Liability 1.64M USD
Depreciation 1.18M USD +3196%
Property, Plant and Equipment, Gross 9.5M USD +303%
Operating Lease, Liability, Current 2.75M USD
Deferred Income Tax Expense (Benefit) 92.8K USD
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 11M shares 0%
Additional Paid in Capital 83.2M USD +225%
Preferred Stock, Shares Outstanding 0 shares
Operating Leases, Future Minimum Payments, Due in Two Years 279K USD +2.09%
Depreciation, Depletion and Amortization 1.03M USD +794%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 272K USD +2.09%
Share-based Payment Arrangement, Expense 4.6M USD +79.2%
Operating Leases, Future Minimum Payments, Due in Three Years 286K USD +2.09%
Operating Leases, Future Minimum Payments Due 2.43M USD -9.11%
Interest Expense 1.44M USD
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%