Mullen Automotive Inc. financial data

Symbol
MULN on Nasdaq
Location
1405 Pioneer Street, Brea, CA
State of incorporation
DE
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
10-K - Q3 2024 - Jan 24, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 74.2 % -8.5%
Quick Ratio 28.4 % +462%
Debt-to-equity 173 %
Return On Equity -429 % -0.34%
Return On Assets -189 % +11.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 61.6M shares +947%
Common Stock, Shares, Outstanding 4.58M shares +15839%
Entity Public Float 40.7M USD -88.7%
Common Stock, Value, Issued 4.58K USD +15683%
Weighted Average Number of Shares Outstanding, Basic 330K shares
Weighted Average Number of Shares Outstanding, Diluted 12.1M shares +4278%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 65.2K USD -78.8%
Revenue from Contract with Customer, Excluding Assessed Tax 65.2K USD -78.8%
Cost of Revenue 36K USD -85.5%
Research and Development Expense 74.9M USD -3.23%
General and Administrative Expense 182M USD -15.7%
Operating Income (Loss) -392M USD -3.72%
Nonoperating Income (Expense) -29.9M USD +88.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -510M USD +49.9%
Income Tax Expense (Benefit) 1.2K USD -99.7%
Net Income (Loss) Attributable to Parent -457M USD +53%
Earnings Per Share, Basic -1.43K USD/shares
Earnings Per Share, Diluted -7.91 USD/shares +99.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 10.3M USD -93.4%
Accounts Receivable, after Allowance for Credit Loss, Current 124K USD -81.5%
Inventory, Net 37.5M USD +123%
Assets, Current 63.2M USD -68.1%
Operating Lease, Right-of-Use Asset 3.04M USD -42.1%
Intangible Assets, Net (Excluding Goodwill) 27.1M USD -74%
Goodwill 0 USD -100%
Other Assets, Noncurrent 3.18M USD +231%
Assets 179M USD -57.6%
Accounts Payable, Current 41.3M USD +214%
Employee-related Liabilities, Current 2.45M USD +1.69%
Accrued Liabilities, Current 51.6M USD +24%
Liabilities, Current 183M USD +31.2%
Deferred Income Tax Liabilities, Net 0 USD -100%
Operating Lease, Liability, Noncurrent 11.6M USD +227%
Liabilities 195M USD +31.1%
Retained Earnings (Accumulated Deficit) -2.32B USD -24.5%
Stockholders' Equity Attributable to Parent -28.6M USD -114%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -16.5M USD -106%
Liabilities and Equity 179M USD -57.6%

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) Investing Activities -6.87M USD +92.7%
Common Stock, Shares Authorized 5B shares 0%
Common Stock, Shares, Issued 4.58M shares +15839%
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 10.7M USD -93.1%
Deferred Tax Assets, Valuation Allowance 246M USD +58.1%
Deferred Tax Assets, Gross 162M USD -38.5%
Operating Lease, Liability 14.5M USD +155%
Depreciation 17.6M USD +120%
Payments to Acquire Property, Plant, and Equipment 6.87M USD +845%
Lessee, Operating Lease, Liability, to be Paid 28.6M USD +220%
Property, Plant and Equipment, Gross 105M USD +20.3%
Operating Lease, Liability, Current 2.89M USD +35.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.02M USD +90.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 6.42M USD +105%
Operating Lease, Weighted Average Discount Rate, Percent 0.28 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 14.1M USD +334%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5M USD +522%
Deferred Tax Assets, Operating Loss Carryforwards 175M USD +47.2%
Preferred Stock, Shares Authorized 126M shares -0.95%
Unrecognized Tax Benefits 15.2M USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.83M USD +726%
Additional Paid in Capital 2.29B USD +10.6%
Amortization of Intangible Assets 4.3M USD -33.8%
Depreciation, Depletion and Amortization 4.34M USD -9.39%
Deferred Tax Assets, Net of Valuation Allowance 144K USD -99%
Share-based Payment Arrangement, Expense 40.4M USD -52.7%
Interest Expense 260K USD -86.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%