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 - Q3 2024 - Nov 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 143 % -22.4%
Quick Ratio 79.5 % +0.67%
Return On Equity -20.5 % -1210%
Return On Assets -6.9 % -1013%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 381M shares +1.38%
Common Stock, Shares, Outstanding 381M shares +1.36%
Entity Public Float 110M USD -15.5%
Common Stock, Value, Issued 381K USD +1.33%
Weighted Average Number of Shares Outstanding, Basic 381M shares +2.02%
Weighted Average Number of Shares Outstanding, Diluted 381M shares +2.02%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 158M USD +8.47%
Cost of Revenue 90.4M USD +11.4%
General and Administrative Expense 25.7M USD +32.5%
Operating Income (Loss) 6.73M USD -55.3%
Nonoperating Income (Expense) -17.1M USD -84.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -10.3M USD -279%
Income Tax Expense (Benefit) 3.72M USD -46.1%
Net Income (Loss) Attributable to Parent -14.1M USD -1172%
Earnings Per Share, Basic -0.03 USD/shares
Earnings Per Share, Diluted -0.03 USD/shares -400%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 9.79M USD -26.2%
Accounts Receivable, after Allowance for Credit Loss, Current 7.32M USD +15.3%
Inventory, Net 35M USD +44.5%
Other Assets, Current 3.67M USD -39.1%
Assets, Current 56.7M USD +11.6%
Property, Plant and Equipment, Net 95.5M USD +12.1%
Operating Lease, Right-of-Use Asset 8.98M USD -7.25%
Goodwill 15.8M USD +31.8%
Other Assets, Noncurrent 11.1M USD -4.35%
Assets 213M USD +11.5%
Accounts Payable, Current 13M USD +52.8%
Accrued Liabilities, Current 6.28M USD +17.4%
Liabilities, Current 44.6M USD +26.4%
Operating Lease, Liability, Noncurrent 7.78M USD -7.87%
Other Liabilities, Noncurrent 100K USD 0%
Liabilities 126M USD +36.9%
Retained Earnings (Accumulated Deficit) -104M USD -15.7%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 67.8M USD -15.1%
Liabilities and Equity 213M USD +11.5%

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 381M shares +1.36%
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 9.76M USD -5.39%
Depreciation 7.4M USD +57.4%
Payments to Acquire Property, Plant, and Equipment 3.37M USD +10.4%
Lessee, Operating Lease, Liability, to be Paid 10.2M USD -14.2%
Property, Plant and Equipment, Gross 115M USD +16.9%
Operating Lease, Liability, Current 1.97M USD +5.85%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.92M USD -0.67%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.99M USD +5.41%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 435K USD -72.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.81M USD -4.53%
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 -6.64%
Additional Paid in Capital 173M USD +1.28%
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%