v3.24.3
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and Cash Equivalents $ 1,025 $ 416
Accounts Receivable, Net of Allowances of $150 at both September 30, 2024 and December 31, 2023 309 454
Inventory 1,345 1,109
Prepaid Expenses & Other Current Assets 291 372
Notes Receivable 566 645
Assets Related to Discontinued Operations 13 1,697
Total Current Assets 3,549 4,693
Property, Equipment and Leasehold Improvements, Net 7,066 9,185
Operating Lease Right-of-Use Assets 3,271 8,166
Intangible Assets, Net 3,544 530
Goodwill 17,986 0
Other Assets 1,476 1,476
Investments 833 2,067
Long-Term Assets Related to Discontinued Operations 953 5,954
TOTAL ASSETS 38,678 32,071
Current Liabilities:    
Accounts Payable & Accrued Liabilities 25,675 16,596
Current Portion of Notes Payable 3,789 22,593
Income Taxes Payable 21,906 9,170
Liabilities Related to Discontinued Operations 498 14,189
Total Current Liabilities 51,868 62,548
Notes Payable, Net of Discounts 5,396 6,485
Deferred Tax Liabilities 1,628 112
Operating Lease Liabilities 3,104 8,446
Derivative Liability 4,160 0
Long-Term Liabilities Related to Discontinued Operations 0 176
TOTAL LIABILITIES 66,156 77,767
COMMITMENTS AND CONTINGENCIES (Note 21)
MEZZANINE EQUITY 1,556 0
STOCKHOLDERS’ DEFICIT:    
Preferred Stock, Convertible Series V, par value $0.001: 25,000,000 shares authorized; 14,071,431 shares outstanding as of September 30, 2024 and December 31, 2023 1 1
Common Stock, par value $0.001: 990,000,000 shares authorized as of September 30, 2024 and December 31, 2023; 9,744,914 and 8,509,384 shares outstanding as of September 30, 2024 and December 31, 2023, respectively 8 9
Additional Paid-In Capital 408,854 408,473
Accumulated Deficit (437,023) (454,179)
Total Equity Attributable to Stockholders of Blum Holdings, Inc. (28,160) (45,696)
Non-Controlling Interest (874) 0
TOTAL MEZZANINE EQUITY AND STOCKHOLDERS’ DEFICIT (27,478) (45,696)
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS’ DEFICIT $ 38,678 $ 32,071

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