MariMed Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $8.9M | $7.3M | $14.6M | $9.7M | $29.7M | $3.0M | $738.7K | $4.1M |
| Accounts Receivable | $9.1M | $8.7M | $7.2M | $4.2M | $1.7M | $6.7M | $1.7M | $5.4M |
| Inventory | $36.6M | $33.5M | $25.3M | $19.5M | $9.8M | $6.8M | $1.2M | $90.5K |
| Total Current Assets | $59.3M | $53.5M | $51.4M | $44.1M | $44.6M | $21.0M | $7.4M | $15.7M |
| Property, Plant & Equipment | $89.4M | $94.2M | $89.1M | $71.6M | $62.2M | $45.6M | $42.8M | $34.1M |
| Goodwill | $24.0M | $15.8M | $12.0M | $8.1M | $2.1M | $2.1M | — | — |
| Intangible Assets (Excl. Goodwill) | $17.2M | $18.6M | $17.0M | $14.2M | $162.0K | $2.2M | $2.4M | $185.0K |
| Total Assets | $202.6M | $207.0M | $196.1M | $152.2M | $123.2M | $76.4M | $61.6M | $83.0M |
| Liabilities | ||||||||
| Accounts Payable | $14.6M | $13.2M | $9.0M | $6.6M | $5.1M | $5.0M | $4.7M | $3.9M |
| Total Current Liabilities | $59.1M | $50.0M | $30.9M | $26.5M | $27.2M | $23.2M | $36.7M | $10.0M |
| Long-Term Debt | $76.0M | $78.2M | — | — | — | $36.7M | $36.3M | $15.0M |
| Total Liabilities | $137.8M | $129.4M | $107.2M | $57.2M | $49.2M | $53.6M | $55.2M | $21.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-127.9M | $-113.4M | $-100.0M | $-83.9M | $-97.4M | $-104.6M | $-106.8M | $-25.6M |
| Total Stockholders' Equity | $50.0M | $58.5M | $68.9M | $57.3M | $36.3M | $8.1M | $6.3M | $61.8M |