Registration of securities issued in business combination transactions

CONSOLIDATED BALANCE SHEETS

v3.23.3
CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Jun. 30, 2022
Dec. 31, 2021
Current Assets:        
Accounts Receivable $ 862,000 $ 313,000   $ 4,013,000
ASSETS        
Cash and Cash Equivalents 588,000 1,200,000   6,700,000
Inventory 2,952,000 1,939,000   6,180,000
Prepaid Expenses & Other Assets 691,000 498,000   1,215,000
Notes Receivable 625,000 625,000   750,000
Assets Held for Sale       6,406,000
Total Current Assets 5,718,000 4,575,000   25,264,000
Property, Equipment and Leasehold Improvements, Net 12,577,000 13,000,000   23,164,000
Intangible Assets, Net 1,734,000 2,859,000   129,637,000
Goodwill 3,585,000 3,585,000   48,132,000
Other Assets 14,646,000 16,279,000   26,426,000
Investments 0 210,000   164,000
Long-Term Assets Held for Sale       19,037,000
TOTAL ASSETS 38,260,000 40,508,000   271,824,000
Current Liabilities:        
Accounts Payable 10,425,000 12,990,000   15,629,000
Accounts Payable & Accrued Liabilities   19,410,000   30,238,000
Accrued Liabilities 5,608,000 4,424,000    
Current Lease Liabilities 2,133,000 1,996,000   3,041,000
Current Portion of Notes Payable 25,879,000 29,662,000   45,451,000
Income Taxes Payable 8,771,000 10,071,000   7,969,000
Liabilities Held for Sale       4,050,000
Total Current Liabilities 52,816,000 59,143,000   87,708,000
Notes Payable, Net of Discounts 6,642,000 4,814,000   10,006,000
Lease Liabilities 12,304,000 13,088,000   20,909,000
Deferred Tax Liabilities       6,123,000
Long-Term Liabilities Held for Sale       591,000
TOTAL LIABILITIES 71,762,000 77,045,000   125,337,000
COMMITMENTS AND CONTINGENCIES (Note 18) 0 0    
STOCKHOLDERS' DEFICIT:        
Preferred Stock, Convertible Series V, par value $0.001: 25,000,000 shares authorized; 14,071,431 and nil shares outstanding as of June 30, 2023 and December 31, 2022, respectively 1,000 0    
Common Stock, par value $0.001: 990,000,000 shares authorized as of June 30, 2023 and December 31, 2022; 772,483,465 and 679,513,554 shares outstanding as of June 30, 2023 and December 31, 2022, respectively 797,000 701,000   521,000
Treasury Stock: nil and 2,308,420 shares of common stock as of June 30, 2023 and December 31, 2022, respectively 0 (808,000)   (808,000)
Additional Paid-In Capital 406,781,000 403,619,000   392,930,000
Accumulated Deficit (441,081,000) (440,049,000)   (250,015,000)
Total Equity Attributable to Stockholders of Unrivaled Brands, Inc.   (36,537,000) $ 77,251,000 146,487,000
Non-Controlling Interest       3,859,000
TOTAL STOCKHOLDERS' DEFICIT (33,502,000) (36,537,000) $ 77,251,000 146,487,000
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $ 38,260,000 $ 40,508,000   $ 271,824,000