$ACAN
AmeriCann, Inc.

2020 Q2 Form 10-Q Financial Statement

#000143774920017645 Filed on August 12, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2 2019 Q1
Revenue $146.6K
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $438.2K $510.5K $520.0K
YoY Change -14.17% 18.72% 8.33%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $112.7K $230.00 $230.00
YoY Change 48904.35% -97.7%
% of Gross Profit
Operating Expenses $438.2K $510.5K $519.6K
YoY Change -14.17% 17.54% 8.59%
Operating Profit -$291.6K -$510.5K -$519.6K
YoY Change -42.88% 17.54% 8.59%
Interest Expense -$197.9K -$45.73K $11.74K
YoY Change 332.71% -105.51% -97.24%
% of Operating Profit
Other Income/Expense, Net -$197.9K -$45.73K -$37.33K
YoY Change 332.66% -94.63% -91.59%
Pretax Income -$489.5K -$556.3K -$560.0K
YoY Change -12.0% -56.88% -39.13%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$489.5K -$556.2K -$556.9K
YoY Change -12.0% -56.75% -39.61%
Net Earnings / Revenue -333.96%
Basic Earnings Per Share
Diluted Earnings Per Share -$20.82K -$24.18K -$24.44K
COMMON SHARES
Basic Shares Outstanding 23.50M 23.01M 22.91M
Diluted Shares Outstanding 23.50M 23.01M 22.91M

Balance Sheet

Concept 2020 Q2 2019 Q2 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $87.14K $3.440K $7.220K
YoY Change 2433.14% -99.66% -98.15%
Cash & Equivalents $87.14K $3.437K $7.217K
Short-Term Investments
Other Short-Term Assets $3.010K $63.51K $1.829M
YoY Change -95.26% -82.84% 226.64%
Inventory
Prepaid Expenses
Receivables $95.72K
Other Receivables $32.27K
Total Short-Term Assets $218.1K $93.94K $1.862M
YoY Change 132.21% -93.17% 95.52%
LONG-TERM ASSETS
Property, Plant & Equipment $7.619M $6.389M $2.073K
YoY Change 19.25% 105092.79% -42.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $2.684M $2.698M
YoY Change -100.0% -2.05% -4.32%
Total Long-Term Assets $14.65M $9.985M $8.008M
YoY Change 46.67% 117.12% 79.31%
TOTAL ASSETS
Total Short-Term Assets $218.1K $93.94K $1.862M
Total Long-Term Assets $14.65M $9.985M $8.008M
Total Assets $14.86M $10.08M $9.870M
YoY Change 47.47% 68.71% 82.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $30.00K $552.3K $242.9K
YoY Change -94.57% 820.55% 2329.0%
Accrued Expenses $62.22K $55.50K $31.80K
YoY Change 12.11% 455.0% -36.4%
Deferred Revenue
YoY Change
Short-Term Debt $150.0K $615.5K $550.0K
YoY Change -75.63% 18.36% -28.57%
Long-Term Debt Due $1.766M $1.772M
YoY Change
Total Short-Term Liabilities $303.7K $3.034M $2.618M
YoY Change -89.99% 396.91% 211.8%
LONG-TERM LIABILITIES
Long-Term Debt $3.932M $0.00 $0.00
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $4.243M
YoY Change
Total Long-Term Liabilities $8.175M $0.00 $0.00
YoY Change -100.0% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $303.7K $3.034M $2.618M
Total Long-Term Liabilities $8.175M $0.00 $0.00
Total Liabilities $8.479M $3.034M $2.618M
YoY Change 179.46% 17.91% -6.74%
SHAREHOLDERS EQUITY
Retained Earnings -$17.90M -$14.76M -$14.20M
YoY Change 21.3% 20.41% 29.45%
Common Stock $2.351K $2.327K $2.301K
YoY Change 1.03% 13.85% 18.61%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.384M $7.045M $7.251M
YoY Change
Total Liabilities & Shareholders Equity $14.86M $10.08M $9.870M
YoY Change 47.47% 68.71% 82.16%

Cashflow Statement

Concept 2020 Q2 2019 Q2 2019 Q1
OPERATING ACTIVITIES
Net Income -$489.5K -$556.2K -$556.9K
YoY Change -12.0% -56.75% -39.61%
Depreciation, Depletion And Amortization $112.7K $230.00 $230.00
YoY Change 48904.35% -97.7%
Cash From Operating Activities -$337.9K -$166.6K -$359.8K
YoY Change 102.83% -47.94% -61.73%
INVESTING ACTIVITIES
Capital Expenditures -$2.090K -$2.004M -$2.676M
YoY Change -99.9% 954.55% 13279.0%
Acquisitions
YoY Change
Other Investing Activities $11.85K $10.54K $5.850K
YoY Change 12.43%
Cash From Investing Activities $9.760K -$1.993M -$2.670M
YoY Change -100.49% 949.01% 13249.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 395.0K 294.0K
YoY Change -100.0% -58.42% -60.27%
NET CHANGE
Cash From Operating Activities -337.9K -166.6K -359.8K
Cash From Investing Activities 9.760K -1.993M -2.670M
Cash From Financing Activities 0.000 395.0K 294.0K
Net Change In Cash -328.1K -1.765M -2.736M
YoY Change -81.41% -501.07% 1143.51%
FREE CASH FLOW
Cash From Operating Activities -$337.9K -$166.6K -$359.8K
Capital Expenditures -$2.090K -$2.004M -$2.676M
Free Cash Flow -$335.8K $1.837M $2.316M
YoY Change -118.28% -1513.13% -351.74%

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