Grom Social Enterprises, Inc. financial data

Symbol
GROM, GROMW on Nasdaq
Industry
Services-Computer Programming, Data Processing, Etc.
Location
2060 Nw Boca Raton Blvd. #6, Boca Raton, FL
State of incorporation
Florida
Fiscal year end
December 31
Former names
Illumination America, Inc. (to 8/11/2017)
Latest financial report
10-Q - Q1 2024 - May 20, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 100 % -38.2%
Quick Ratio 1.62 % -55.1%
Debt-to-equity 30.3 % -10.7%
Return On Equity -89.9 % -34.1%
Return On Assets -70.4 % -37%
Operating Margin -358 % -4.01%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 9.02M shares -0.25%
Common Stock, Shares, Outstanding 8.93M shares +21.6%
Entity Public Float 2.79M USD -61.8%
Common Stock, Value, Issued 8.93K USD +21.6%
Weighted Average Number of Shares Outstanding, Basic 2.81M shares +932%
Weighted Average Number of Shares Outstanding, Diluted 2.81M shares +932%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.72M USD -31.1%
Operating Income (Loss) -13.3M USD +28.4%
Nonoperating Income (Expense) -2.42M USD -169%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -15.7M USD -4.21%
Income Tax Expense (Benefit) -18.5K USD -104%
Net Income (Loss) Attributable to Parent -14.3M USD +5.01%
Earnings Per Share, Basic -8.46 USD/shares +98.2%
Earnings Per Share, Diluted -8.46 USD/shares +98.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 452K USD -89.1%
Accounts Receivable, after Allowance for Credit Loss, Current 821K USD -0.68%
Inventory, Net 44.8K USD -54.8%
Assets, Current 2.01M USD -64.7%
Deferred Income Tax Assets, Net 0 USD -100%
Property, Plant and Equipment, Net 108K USD -41.4%
Operating Lease, Right-of-Use Asset 721K USD -29.3%
Intangible Assets, Net (Excluding Goodwill) 5.15M USD -3.2%
Goodwill 5.69M USD -46.1%
Other Assets, Noncurrent 0 USD -100%
Assets 18.9M USD -22.6%
Accounts Payable, Current 734K USD +75.2%
Employee-related Liabilities, Current 84.8K USD -8.82%
Accrued Liabilities, Current 321K USD +6.05%
Contract with Customer, Liability, Current 437K USD -1.83%
Liabilities, Current 3.34M USD +30.2%
Operating Lease, Liability, Noncurrent 553K USD -28.5%
Other Liabilities, Noncurrent 405K USD +78.8%
Liabilities 4.31M USD +20.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -350K USD -156%
Retained Earnings (Accumulated Deficit) -101M USD -17.6%
Stockholders' Equity Attributable to Parent 13.8M USD -26.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 14.6M USD -30%
Liabilities and Equity 18.9M USD -22.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.25M USD -3.36%
Net Cash Provided by (Used in) Financing Activities 205K USD -91.5%
Net Cash Provided by (Used in) Investing Activities -3.74K USD +64.4%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 8.93M shares +21.6%
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 -2.05M USD -873%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 452K USD -89.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 3.87K USD -44.1%
Deferred Tax Assets, Valuation Allowance 18.6M USD +60.5%
Deferred Tax Assets, Gross 0 USD
Operating Lease, Liability 858K USD +137%
Depreciation 92.6K USD -71.5%
Payments to Acquire Property, Plant, and Equipment 3.74K USD -75.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -14.6M USD +4.24%
Lessee, Operating Lease, Liability, to be Paid 927K USD -29.7%
Property, Plant and Equipment, Gross 4.12M USD -2.49%
Operating Lease, Liability, Current 193K USD -24%
Lessee, Operating Lease, Liability, to be Paid, Year Two 222K USD -20.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 273K USD -5.06%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 226K USD +623%
Lessee, Operating Lease, Liability, to be Paid, Year Three 233K USD -17.4%
Deferred Tax Assets, Operating Loss Carryforwards 13.7M USD +20.9%
Preferred Stock, Shares Authorized 25M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 236K USD +5.65%
Operating Lease, Payments 84.4K USD -11.4%
Additional Paid in Capital 115M USD +9.95%
Amortization of Intangible Assets 170K USD -2.49%
Depreciation, Depletion and Amortization 580K USD +44.9%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 115K USD -63.2%
Interest Expense 1.63M USD +151%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%