Mullen Automotive Inc. financial data

Symbol
MULN on Nasdaq
Industry
Motor Vehicles & Passenger Car Bodies
Location
1405 Pioneer Street, Brea, California
State of incorporation
Delaware
Fiscal year end
September 30
Former names
Net Element, Inc. (to 11/8/2021), Net Element International, Inc. (to 12/5/2013), Cazador Acquisition Corp Ltd. (to 10/2/2012)
Latest financial report
Q1 2024 - May 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 135 % +145%
Quick Ratio 18.2 %
Debt-to-equity 538 %
Return On Equity -266 % +57.7%
Return On Assets -171 % +29.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 11.4M shares -93.4%
Common Stock, Shares, Outstanding 7.97M shares -93.7%
Entity Public Float 360M USD -45.2%
Common Stock, Value, Issued 7.97K USD
Weighted Average Number of Shares Outstanding, Basic 6.83M shares +7358%
Weighted Average Number of Shares Outstanding, Diluted 4.01M shares +6528%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 33.3K USD
Revenue from Contract with Customer, Excluding Assessed Tax 33.3K USD
Cost of Revenue 13.4K USD
Research and Development Expense 88.5M USD +82.8%
General and Administrative Expense 195M USD +33.7%
Operating Income (Loss) -473M USD -144%
Nonoperating Income (Expense) 13.4M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -761M USD -0.6%
Income Tax Expense (Benefit) -2.17M USD -348%
Net Income (Loss) Attributable to Parent -675M USD +10%
Earnings Per Share, Basic 5.79K USD/shares +98.3%
Earnings Per Share, Diluted 4.64K USD/shares +99.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 22.4M USD -62.9%
Accounts Receivable, after Allowance for Credit Loss, Current 0 USD
Inventory, Net 33M USD +374%
Other Assets, Current 734K USD
Assets, Current 88.9M USD -10.2%
Property, Plant and Equipment, Net 14.8M USD +1153%
Operating Lease, Right-of-Use Asset 11.6M USD +92.7%
Intangible Assets, Net (Excluding Goodwill) 28.8M USD -74.4%
Goodwill 0 USD -100%
Other Assets, Noncurrent 2M USD +71.6%
Assets 214M USD -46.8%
Accounts Payable, Current 22.7M USD +53.1%
Employee-related Liabilities, Current 2.46M USD +51.8%
Accrued Liabilities, Current 43.2M USD +595%
Liabilities, Current 83.5M USD -31.2%
Deferred Income Tax Liabilities, Net 0 USD -100%
Operating Lease, Liability, Noncurrent 12.6M USD +204%
Other Liabilities, Noncurrent 42M USD
Liabilities 96.7M USD -30.7%
Retained Earnings (Accumulated Deficit) -2.06B USD -48.9%
Stockholders' Equity Attributable to Parent 95.1M USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 117M USD -55.4%
Liabilities and Equity 214M USD -46.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -59.9M USD -80.2%
Net Cash Provided by (Used in) Financing Activities 358M USD +81.7%
Net Cash Provided by (Used in) Investing Activities -6.87M USD +92.7%
Common Stock, Shares Authorized 5B shares 0%
Common Stock, Shares, Issued 7.97M shares -93.7%
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 -66.8M USD -390%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 29.8M USD -65.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 123K USD -91.3%
Deferred Tax Assets, Valuation Allowance 155M USD -40%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 162M USD -38.5%
Operating Lease, Liability 13.8M USD +115%
Depreciation 14.7M USD +205%
Payments to Acquire Property, Plant, and Equipment 6.87M USD +845%
Lessee, Operating Lease, Liability, to be Paid 29.2M USD +250%
Property, Plant and Equipment, Gross 99.5M USD +0.13%
Operating Lease, Liability, Current 1.14M USD -48.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.82M USD +99.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 6.26M USD +104%
Operating Lease, Weighted Average Discount Rate, Percent 0.28 pure 0%
Deferred Income Tax Expense (Benefit) -11M USD -3818%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 15.4M USD +691%
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.77M USD +695%
Preferred Stock, Shares Issued 1.58M shares -85.4%
Deferred Federal Income Tax Expense (Benefit) -11M USD -3818%
Current Income Tax Expense (Benefit) 2.4K USD +50%
Preferred Stock, Shares Authorized 127M shares -74.5%
Unrecognized Tax Benefits 15.2M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.56M USD +1022%
Operating Lease, Payments 3.17M USD +80.9%
Additional Paid in Capital 2.15B USD +38.8%
Preferred Stock, Shares Outstanding 1.58M shares -85.4%
Current State and Local Tax Expense (Benefit) 2.4K USD +50%
Amortization of Intangible Assets 5.64M USD +23.9%
Depreciation, Depletion and Amortization 4.34M USD -9.39%
Deferred Tax Assets, Net of Valuation Allowance 14M USD +158%
Share-based Payment Arrangement, Expense 40.7M USD -46.9%
Interest Expense 260K USD -86.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%