Mullen Automotive Inc. financial data

Symbol
MULN on Nasdaq
Industry
Motor Vehicles & Passenger Car Bodies
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-Q - Q2 2024 - Aug 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 112 % +61.1%
Quick Ratio 26.5 %
Debt-to-equity 90 %
Return On Equity -254 % +52.3%
Return On Assets -150 % +39.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 40.1M shares -78.2%
Common Stock, Shares, Outstanding 16.1M shares -81.5%
Entity Public Float 360M USD -45.2%
Common Stock, Value, Issued 16.1K USD -81.5%
Weighted Average Number of Shares Outstanding, Basic 12.1M shares +4278%
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 80.7M USD +27.7%
General and Administrative Expense 210M USD +26.3%
Operating Income (Loss) -481M USD -110%
Nonoperating Income (Expense) -29.9M USD -11510%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -541M USD +49%
Income Tax Expense (Benefit) 1.2K USD -99.7%
Net Income (Loss) Attributable to Parent -453M USD +57%
Earnings Per Share, Basic 6.9K USD/shares +99.3%
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 3.55M USD -98.3%
Accounts Receivable, after Allowance for Credit Loss, Current 0 USD -100%
Inventory, Net 37.8M USD +211%
Other Assets, Current 734K USD
Assets, Current 67.6M USD -73.5%
Property, Plant and Equipment, Net 14.8M USD +1153%
Operating Lease, Right-of-Use Asset 11.8M USD +114%
Intangible Assets, Net (Excluding Goodwill) 27.9M USD -75%
Goodwill 0 USD -100%
Other Assets, Noncurrent 1.79M USD +77.1%
Assets 192M USD -65.7%
Accounts Payable, Current 29.2M USD +136%
Employee-related Liabilities, Current 1.85M USD +17%
Accrued Liabilities, Current 43.4M USD +417%
Liabilities, Current 127M USD -33.4%
Deferred Income Tax Liabilities, Net 0 USD -100%
Operating Lease, Liability, Noncurrent 12.3M USD +233%
Other Liabilities, Noncurrent 42M USD
Liabilities 139M USD -33.1%
Retained Earnings (Accumulated Deficit) -2.14B USD -26.8%
Stockholders' Equity Attributable to Parent 34.9M USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 53M USD -84.9%
Liabilities and Equity 192M USD -65.7%

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 150M USD +495%
Net Cash Provided by (Used in) Investing Activities -6.87M USD +92.7%
Common Stock, Shares Authorized 5B shares 0%
Common Stock, Shares, Issued 16.1M shares -81.5%
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 4M USD -98.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 3.06K USD -99.8%
Deferred Tax Assets, Valuation Allowance 155M USD -40%
Deferred Tax Assets, Gross 162M USD -38.5%
Operating Lease, Liability 14.6M USD +146%
Depreciation 15.6M USD +143%
Payments to Acquire Property, Plant, and Equipment 6.87M USD +845%
Lessee, Operating Lease, Liability, to be Paid 29.7M USD +296%
Property, Plant and Equipment, Gross 102M USD -0.65%
Operating Lease, Liability, Current 2.23M USD +0.44%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.08M USD +109%
Lessee, Operating Lease, Liability, to be Paid, Year One 6.5M USD +111%
Operating Lease, Weighted Average Discount Rate, Percent 0.28 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 15.2M USD +854%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.03M USD +723%
Preferred Stock, Shares Issued 1.58M shares -85.4%
Preferred Stock, Shares Authorized 126M shares -74.7%
Unrecognized Tax Benefits 15.2M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 4.83M USD +1057%
Additional Paid in Capital 2.18B USD +11.7%
Preferred Stock, Shares Outstanding 1.58M shares -85.4%
Amortization of Intangible Assets 5.6M USD +6.77%
Depreciation, Depletion and Amortization 4.34M USD -9.39%
Deferred Tax Assets, Net of Valuation Allowance 14M USD +158%
Share-based Payment Arrangement, Expense 43.6M USD -47%
Interest Expense 260K USD -86.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%