Remark Holdings, Inc. financial data

Symbol
MARK on OTC
Industry
Communications Services, NEC
Location
800 S Commerce St, Las Vegas, NV
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Remark Media, Inc. (to 4/11/2017), HSW International, Inc. (to 12/22/2011)
Latest financial report
10-Q - Q2 2024 - Aug 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 17 % -49.9%
Quick Ratio 1.26 % -26.3%
Debt-to-equity -129 % +22.1%
Return On Equity 84.7 % -40.1%
Return On Assets -297 % -36.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 51M shares
Common Stock, Shares, Outstanding 49.9M shares +200%
Entity Public Float 15.7M USD -64.1%
Common Stock, Value, Issued 50K USD +194%
Weighted Average Number of Shares Outstanding, Basic 45.7M shares +223%
Weighted Average Number of Shares Outstanding, Diluted 45.7M shares +223%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 4.5M USD -46.7%
Cost of Revenue 3.63M USD -55.6%
Research and Development Expense 1.87M USD -0.27%
Selling and Marketing Expense 1.22M USD -11.8%
General and Administrative Expense 13.6M USD -18%
Costs and Expenses 21.6M USD -24.6%
Operating Income (Loss) -17.1M USD +15.4%
Nonoperating Income (Expense) -17.1M USD -49.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -13.8M USD -69%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -34.2M USD -8.24%
Earnings Per Share, Basic -1.21 USD/shares +54.5%
Earnings Per Share, Diluted -1.21 USD/shares +54.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 438K USD +111%
Marketable Securities, Current 0 USD -100%
Accounts Receivable, after Allowance for Credit Loss, Current 4.36M USD +26.6%
Inventory, Net 646K USD +84%
Other Assets, Current 0 USD -100%
Assets, Current 5.94M USD -43.3%
Property, Plant and Equipment, Net 634K USD -55.4%
Operating Lease, Right-of-Use Asset 372K USD -52.5%
Other Assets, Noncurrent 71K USD -62%
Assets 13.3M USD +3.47%
Accounts Payable, Current 9.75M USD -3.45%
Employee-related Liabilities, Current 2.43M USD -4.25%
Accrued Liabilities, Current 13.2M USD +61.2%
Contract with Customer, Liability, Current 418K USD -0.48%
Liabilities, Current 59.5M USD +45.5%
Operating Lease, Liability, Noncurrent 179K USD -55%
Liabilities 59.7M USD +44.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.22M USD +13.3%
Retained Earnings (Accumulated Deficit) -437M USD -8.49%
Stockholders' Equity Attributable to Parent -46.3M USD -63%
Liabilities and Equity 13.3M USD +3.47%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.38M USD -62.4%
Net Cash Provided by (Used in) Financing Activities 3.8M USD +58.8%
Net Cash Provided by (Used in) Investing Activities -332K USD -8200%
Common Stock, Shares Authorized 175M shares 0%
Common Stock, Shares, Issued 49.9M shares +200%
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 94K USD -69.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 150K USD -40%
Deferred Tax Assets, Valuation Allowance 64.4M USD +10.1%
Deferred Tax Assets, Gross 64.4M USD +10.1%
Operating Lease, Liability 574K USD +196%
Payments to Acquire Property, Plant, and Equipment 332K USD +8200%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -34M USD -5.27%
Lessee, Operating Lease, Liability, to be Paid 215K USD -4.87%
Property, Plant and Equipment, Gross 6.24M USD -18.2%
Operating Lease, Liability, Current 249K USD -39.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.13 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 652K USD
Deferred Tax Assets, Operating Loss Carryforwards 48.7M USD +13.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 0 USD
Operating Lease, Payments 200K USD +100%
Additional Paid in Capital 392M USD +4.27%
Depreciation, Depletion and Amortization 64K USD +39.1%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 6K USD -96.1%
Interest Expense 3.69M USD -32%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%