Marimed Inc. financial data

Symbol
MRMD on OTC
Industry
Medicinal Chemicals & Botanical Products
Location
10 Oceana Way, 2 Nd Floor, Norwood, MA
State of incorporation
DE
Fiscal year end
December 31
Former names
WORLDS ONLINE INC. (to 5/15/2017)
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 148 % -21.5%
Quick Ratio 77.1 % -2.85%
Return On Equity -24.2 % -364%
Return On Assets -8.72 % -350%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 381M shares +2.42%
Common Stock, Shares, Outstanding 380M shares +2.35%
Entity Public Float 110M USD -15.5%
Common Stock, Value, Issued 380K USD +2.15%
Weighted Average Number of Shares Outstanding, Basic 380M shares +5.05%
Weighted Average Number of Shares Outstanding, Diluted 380M shares +5.05%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 156M USD +11%
Cost of Revenue 88.5M USD +15.1%
General and Administrative Expense 25.7M USD +40.2%
Operating Income (Loss) 8.68M USD -50.4%
Nonoperating Income (Expense) -18.5M USD -176%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -9.81M USD -191%
Income Tax Expense (Benefit) 7.53M USD +52.9%
Net Income (Loss) Attributable to Parent -17.4M USD -397%
Earnings Per Share, Basic -0.04 USD/shares -300%
Earnings Per Share, Diluted -0.04 USD/shares -233%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 10.2M USD -30.4%
Accounts Receivable, after Allowance for Credit Loss, Current 7.74M USD +40.6%
Inventory, Net 31.1M USD +25.6%
Other Assets, Current 3.1M USD -67.5%
Assets, Current 53.1M USD -8.4%
Property, Plant and Equipment, Net 94M USD +19.5%
Operating Lease, Right-of-Use Asset 9.22M USD -6.86%
Goodwill 15.8M USD +31.7%
Other Assets, Noncurrent 11.1M USD +684%
Assets 209M USD +10.1%
Accounts Payable, Current 11.9M USD +52.7%
Accrued Liabilities, Current 5.05M USD +39.6%
Liabilities, Current 40.7M USD +39.1%
Operating Lease, Liability, Noncurrent 8M USD -7.28%
Other Liabilities, Noncurrent 100K USD 0%
Liabilities 121M USD +39.7%
Retained Earnings (Accumulated Deficit) -103M USD -20.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 68.6M USD -15.2%
Liabilities and Equity 209M USD +10.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 3.21M USD
Net Cash Provided by (Used in) Financing Activities 1.65M USD -92.9%
Net Cash Provided by (Used in) Investing Activities -4.27M USD +38.4%
Common Stock, Shares Authorized 700M shares 0%
Common Stock, Shares, Issued 380M shares +2.35%
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 589K USD -95%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.69M USD +53.2%
Deferred Tax Assets, Valuation Allowance 19.9M USD +26.5%
Deferred Tax Assets, Gross 19.9M USD +26.5%
Operating Lease, Liability 9.97M USD -4.7%
Depreciation 7.2M USD +80%
Payments to Acquire Property, Plant, and Equipment 3.37M USD +10.4%
Lessee, Operating Lease, Liability, to be Paid 10.7M USD -12.9%
Property, Plant and Equipment, Gross 112M USD +23.8%
Operating Lease, Liability, Current 1.97M USD +7.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.92M USD -0.73%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.99M USD +5.35%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 712K USD -60.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.81M USD -2.32%
Deferred Tax Assets, Operating Loss Carryforwards 14.7M USD +112%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 32.7M shares 0%
Unrecognized Tax Benefits 5.65M USD +40.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.76M USD +0.17%
Additional Paid in Capital 173M USD +3.1%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 374K USD -32.9%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 8.31M USD +114%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%