Marathon Digital Quarterly Balance Sheets Chart
Quarterly
|
Annual
Marathon Digital Quarterly Balance Sheets Table
Quarterly
|
Annual
Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-10-31 |
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assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 109,475,000 | 196,215,000 | 391,771,000 | 164,256,000 | 256,027,000 | 324,268,000 | 357,313,000 | 101,210,000 | 113,675,000 | 124,882,000 | 55,339,400 | 118,511,331 | 268,522,019 | 32,854,092 | 170,615,847 | 211,934,086 | 141,322,776 | 17,252,110 | 775,119 | 474,546 | 692,963 | 1,342,985 | 1,688,426 | 1,964,484 | 2,551,171 | 3,188,780 | |||||||||||||||||||||||||||
restricted cash | 12,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 14,286,000 | 8,800,000 | 3,919,718 | |||||||||||||||||||||||||||||||||||||||||||||
digital assets, current portion | 2,259,000 | 3,098,000 | 4,327,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables | 31,026,000 | 8,628,000 | 6,345,000 | 2,091,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
deposits | 19,428,000 | 22,744,000 | 18,778,000 | 26,497,000 | 26,185,000 | 40,855,000 | 7,240,000 | 7,104,000 | 7,508,000 | 11,927,000 | 22,533,569 | 40,791,699 | |||||||||||||||||||||||||||||||||||||||||
derivative instrument, current portion | 21,046,000 | 21,072,000 | 1,542,000 | 6,276,000 | 13,710,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 41,221,000 | 28,069,000 | 35,610,000 | 16,728,000 | 28,164,000 | 32,574,000 | 23,499,000 | 36,338,000 | 51,797,000 | 60,240,000 | 26,015,943 | 24,764,814 | 8,148,016 | 35,750,562 | 3,570,683 | 2,513,812 | 2,399,965 | 627,552 | 741,138 | 908,348 | 800,024 | 209,935 | 242,012 | 309,501 | 464,006 | 550,184 | 574,852 | 184,038 | 92,855 | 124,436 | 149,643 | 438,391 | 340,456 | 653,445 | 752,931 | 57,916 | |||||||||||||||||
total current assets | 236,455,000 | 291,826,000 | 470,373,000 | 239,372,000 | 371,946,000 | 1,640,760,000 | 1,029,803,000 | 432,646,000 | 422,437,000 | 386,308,000 | 240,107,010 | 592,585,820 | 688,150,191 | 554,559,962 | 491,650,870 | 635,886,383 | 286,409,215 | 31,601,221 | 5,820,157 | 1,503,597 | 1,494,128 | 1,555,801 | 1,934,978 | 2,279,622 | 3,015,177 | 3,841,062 | 5,192,738 | 5,620,045 | 15,048,210 | 4,863,262 | 2,305,242 | 1,763,448 | 5,521,432 | 2,511,122 | 9,847,930 | 3,163,295 | 4,778,902 | 7,644,735 | 4,105,980 | 12,123,577 | 7,684,153 | 16,407,040 | 7,232,730 | 4,639,443 | 6,521,663 | 3,006,787 | 2,489,147 | 1,979,583 | 3,542,102 | 10,168,499 | |||
digital assets, net of current portion | 3,686,882,000 | 2,745,302,000 | 3,223,989,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
digital assets - receivable | 1,646,478,000 | 1,164,189,000 | 960,057,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment | 1,634,053,000 | 1,566,069,000 | 1,549,491,000 | 1,092,140,000 | 929,534,000 | 802,332,000 | 671,772,000 | 741,659,000 | 783,865,000 | 714,916,000 | 403,522,538 | 333,317,458 | 80,659 | 53,828 | 13,026 | 10,806 | 13,640 | 8,056 | 9,722 | ||||||||||||||||||||||||||||||||||
advances to vendors | 6,261,000 | 134,045,000 | 121,298,000 | 240,322,000 | 385,424,000 | 261,140,000 | 95,589,000 | 23,964,000 | 7,351,000 | 57,511,000 | 687,777,200 | ||||||||||||||||||||||||||||||||||||||||||
investments | 134,259,000 | 137,214,000 | 111,493,000 | 154,046,000 | 116,282,000 | 112,203,000 | 106,292,000 | 103,038,000 | 99,918,000 | 80,194,000 | 36,999,994 | 13,499,825 | |||||||||||||||||||||||||||||||||||||||||
long-term deposits | 211,345,000 | 240,774,000 | 240,651,000 | 56,185,000 | 56,639,000 | 59,164,000 | 59,790,000 | 57,820,000 | 55,070,000 | ||||||||||||||||||||||||||||||||||||||||||||
long-term prepaids | 12,748,000 | 14,194,000 | 14,221,000 | 19,616,000 | 21,153,000 | 21,055,000 | 27,284,000 | 24,152,000 | 4,037,000 | ||||||||||||||||||||||||||||||||||||||||||||
operating lease right-of-use assets | 32,996,000 | 27,335,000 | 16,874,000 | 9,363,000 | 9,728,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
derivative instrument, net of current portion | 35,040,000 | 14,703,000 | 7,405,000 | 17,970,000 | 20,278,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 82,776,000 | 82,751,000 | 82,751,000 | 45,362,000 | 45,362,000 | 30,852,000 | 228,401 | 224,353 | 224,353 | 222,843 | 4,483,129 | 4,453,945 | 4,605,733 | 4,482,845 | 4,573,450 | 4,556,291 | 4,453,997 | 3,432,308 | 1,606,800 | 2,227,488 | 2,144,488 | 2,144,488 | |||||||||||||||||||||||||||||||
intangible assets | 2,150,000 | 2,432,000 | 2,714,000 | 1,975,000 | 2,194,000 | 21,664,000 | 12,314,628 | 40,157,085 | 43,363,832 | 33,514,365 | 19,533,517 | 6,157,659 | 3,217,007 | 474,605 | 492,152 | ||||||||||||||||||||||||||||||||||||||
total long-term assets | 7,484,988,000 | 6,152,620,000 | 3,340,777,000 | 2,745,209,000 | 1,316,227,000 | 961,170,000 | 951,134,000 | 950,800,000 | |||||||||||||||||||||||||||||||||||||||||||||
total assets | 7,721,443,000 | 6,444,446,000 | 6,801,317,000 | 3,580,149,000 | 3,117,155,000 | 2,956,987,000 | 1,990,973,000 | 1,383,780,000 | 1,373,237,000 | 1,303,932,000 | 1,475,777,433 | 1,538,100,247 | 1,448,244,423 | 664,340,598 | 583,863,856 | 686,685,884 | 313,251,239 | 37,528,664 | 10,716,846 | 5,668,117 | 6,619,962 | 7,680,021 | 4,142,738 | 4,662,129 | 5,194,507 | 8,859,423 | 10,830,950 | 12,396,559 | 15,058,221 | 12,691,679 | 14,100,530 | 13,891,385 | 18,288,435 | 38,704,269 | 46,935,447 | 45,622,612 | 47,227,593 | 66,583,013 | 65,587,946 | 63,933,072 | 59,486,430 | 53,490,632 | 29,004,541 | 12,955,230 | 11,891,214 | 3,721,202 | 4,016,869 | 3,500,830 | 3,796,118 | 10,493,499 | 3,400 | ||
liabilities and equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 9,837,000 | 6,489,000 | 12,556,000 | 12,561,000 | 28,840,000 | 33,274,000 | 11,343,000 | 15,219,000 | 7,150,000 | 3,235,000 | 19,051,369 | 7,715,259 | |||||||||||||||||||||||||||||||||||||||||
accrued expenses | 56,803,000 | 45,750,000 | 76,887,000 | 36,861,000 | 67,182,000 | 32,242,000 | 22,015,000 | 21,702,000 | 20,390,000 | 17,756,000 | 2,140,544 | 4,124,873 | |||||||||||||||||||||||||||||||||||||||||
line of credit, current portion | 350,000,000 | 300,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease liabilities, current portion | 1,052,000 | 872,000 | 239,000 | 367,000 | 316,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
finance lease liability, current portion | 173,000 | 168,000 | 168,000 | 179,000 | 180,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
other current liabilities | 23,155,000 | 15,091,000 | 5,347,000 | 3,545,000 | 2,693,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
total current liabilities | 441,020,000 | 368,370,000 | 95,197,000 | 59,789,000 | 99,211,000 | 71,131,000 | 33,758,000 | 38,173,000 | 28,337,000 | 23,819,000 | 45,541,517 | 14,815,003 | 13,794,399 | 3,924,170 | 3,344,571 | 2,900,301 | 1,443,775 | 1,134,885 | 928,856 | 1,404,275 | 1,852,705 | 4,055,729 | 2,263,124 | 2,325,363 | 2,273,633 | 1,474,289 | 3,143,518 | 3,970,339 | 7,670,100 | 17,303,738 | 28,704,747 | 23,567,448 | 15,347,024 | 22,470,746 | 14,344,204 | ||||||||||||||||||
notes payable | 2,250,546,000 | 2,248,549,000 | 2,246,578,000 | 618,683,000 | 326,513,000 | 326,083,000 | 325,654,000 | 325,266,000 | 734,231,000 | 733,260,000 | 729,376,808 | 17,085,000 | 6,062,500 | 5,062,500 | |||||||||||||||||||||||||||||||||||||||
line of credit, net of current portion | 50,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease liabilities, net of current portion | 39,722,000 | 33,298,000 | 22,977,000 | 15,014,000 | 15,106,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
finance lease liability, net of current portion | 3,817,000 | 3,709,000 | 3,709,000 | 4,832,000 | 4,834,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax liabilities | 178,083,000 | 88,503,000 | 20,842,000 | 52,842,000 | 15,286,000 | 75,000 | 22,820,558 | 18,723,657 | 23,020,721 | ||||||||||||||||||||||||||||||||||||||||||||
other long-term liabilities | 12,043,000 | 11,840,000 | 8,411,000 | 8,268,000 | 7,994,000 | 16,978,000 | |||||||||||||||||||||||||||||||||||||||||||||||
total long-term liabilities | 2,484,211,000 | 2,347,396,000 | 2,570,178,000 | 664,767,000 | 375,289,000 | 408,963,000 | 341,294,000 | 325,654,000 | 734,654,000 | 734,244,000 | 805,133,954 | 749,171,924 | 751,426,643 | 62,500 | 62,500 | 106,861 | 129,755 | 1,094,124 | 1,119,585 | 134,947 | 157,007 | 178,574 | 999,106 | 718,411 | 14,150,779 | 15,552,139 | 7,114,562 | 9,023,798 | 14,012,091 | 15,721,127 | 17,600,203 | 22,207,321 | 24,180,994 | 27,291,724 | 12,763,065 | 10,967,000 | |||||||||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||
equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value 0.0001 per share, 50,000,000 shares authorized; no shares issued and outstanding at june 30, 2025 and december 31, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 36,000 | 34,000 | 34,000 | 27,000 | 24,000 | 21,000 | 17,000 | 17,000 | 11,681 | 10,605 | 10,273 | 10,251 | 9,963 | 9,937 | 8,197 | 3,897 | 2,453 | 922 | 846 | 771 | 639 | 639 | 2,552 | 2,552 | 2,358 | 1,933 | 1,248 | 3,111 | 2,326 | 2,627 | 1,877 | 1,505 | 1,505 | 1,497 | 1,487 | 1,456 | 1,402 | 1,399 | 1,379 | 580 | 561 | 549 | 534 | 4,555 | 3,351 | 9,050 | |||||||
additional paid-in capital | 4,542,968,000 | 4,284,279,000 | 4,155,386,000 | 2,707,333,000 | 2,183,537,000 | 1,822,504,000 | 1,461,188,000 | 1,393,428,000 | 1,057,798,421 | 939,741,806 | 835,693,610 | 824,612,618 | 722,543,196 | 716,862,400 | 428,242,763 | 147,554,790 | 118,933,134 | 110,284,952 | 109,705,051 | 108,394,883 | 105,873,870 | 105,743,575 | 105,459,482 | 104,530,234 | 104,491,375 | 100,553,943 | 97,113,723 | 61,833,077 | 53,950,993 | 51,313,656 | 49,877,689 | 44,901,535 | 44,422,717 | 43,774,961 | 43,217,513 | 42,014,873 | 40,478,627 | 39,750,659 | 36,977,169 | 35,709,773 | 32,598,618 | 22,673,287 | 20,917,699 | 11,192,230 | 10,972,122 | 9,933,153 | 8,416,451 | 13,484,108 | |||||
accumulated earnings | 248,649,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity attributable to mara | 4,791,653,000 | 3,724,727,000 | 4,129,033,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest | 4,559,000 | 3,953,000 | 6,909,000 | -3,722 | |||||||||||||||||||||||||||||||||||||||||||||||||
total equity | 4,796,212,000 | 3,728,680,000 | 4,135,942,000 | -11,048,968 | |||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and equity | 7,721,443,000 | 6,444,446,000 | 6,801,317,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax assets | 23,612,000 | 28,646,000 | 11,918,920 | 8,893,421 | 14,385,393 | 12,437,741 | 10,529,693 | 10,257,415 | 7,117,753 | 4,952,309 | 1,949,401 | ||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value 0.0001 per share, 50,000,000 shares authorized; no shares issued and outstanding at march 31, 2025 and december 31, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -559,586,000 | -26,387,000 | -230,467,000 | -567,640,000 | -802,572,000 | -866,709,000 | -847,576,000 | -432,257,421 | -165,188,372 | -152,229,783 | -163,755,722 | -141,583,155 | -32,698,535 | -116,055,277 | -110,821,050 | -108,826,633 | -106,665,437 | -105,607,506 | -104,455,590 | -103,701,183 | -103,135,303 | -102,090,441 | -97,696,039 | -96,355,582 | -91,678,937 | -89,276,117 | -70,427,472 | -63,749,987 | -61,549,194 | -31,539,066 | -25,264,658 | -33,170,937 | -25,372,401 | -21,621,932 | -17,119,236 | -12,337,665 | -6,548,595 | -4,655,700 | -3,069,201 | ||||||||||||||
line of credit | 200,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value 0.0001 per share, 50,000,000 shares authorized; no shares issued and outstanding at december 31, 2024 and december 31, 2023 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
digital assets | 17,099,000 | 17,117,000 | 1,234,695,000 | 639,660,000 | 286,801,000 | 234,412,000 | 189,087,000 | ||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 2,792,000 | 18,743,000 | 8,368,000 | -10,000 | 330,000 | -250,000 | |||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use assets | 7,817,000 | 443,000 | 501,000 | 559,000 | 1,180,000 | 1,369,774 | 1,326,491 | 200,301 | 224,954 | 245,170 | 273,173 | 297,287 | 318,881 | 338,740 | 358,332 | ||||||||||||||||||||||||||||||||||||||
derivative instrument | 4,263,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease liabilities | 1,352,000 | 124,000 | 150,000 | 174,000 | 336,000 | 306,444 | 264,460 | ||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value 0.0001 per share, 50,000,000 shares authorized and no shares issued and outstanding at march 31, 2024 and december 31, 2023, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 2,476,893,000 | 1,615,921,000 | 1,019,953,000 | 594,496,000 | 545,869,000 | 625,101,962 | 774,113,320 | 683,023,381 | 660,416,428 | 580,519,285 | 683,723,083 | 311,744,964 | 36,286,918 | 9,658,235 | 3,169,718 | 3,647,672 | 3,489,345 | 1,722,607 | 2,158,192 | 2,920,874 | 6,386,028 | 7,687,432 | 8,426,220 | 7,388,121 | -11,526,625 | 12,376,733 | 17,987,364 | 12,675,742 | 15,670,945 | ||||||||||||||||||||||||
total liabilities and stockholders’ equity | 2,956,987,000 | 1,990,973,000 | 1,383,780,000 | 1,303,932,000 | 1,475,777,433 | 1,538,100,247 | 1,448,244,423 | 664,340,598 | 583,863,856 | 686,685,884 | 313,251,239 | 37,528,664 | 10,716,846 | 5,668,117 | 6,619,962 | 7,680,021 | 4,142,738 | 4,662,129 | 5,194,507 | 8,859,423 | 10,830,950 | 12,396,559 | 15,058,221 | 14,100,530 | 13,891,385 | 18,288,435 | 38,704,269 | 46,935,447 | 45,622,612 | 47,227,593 | 66,583,013 | ||||||||||||||||||||||
digital assets, restricted | |||||||||||||||||||||||||||||||||||||||||||||||||||||
legal reserve payable | 21,199,549 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued interest | 276,000 | 1,102,000 | 2,710,411 | ||||||||||||||||||||||||||||||||||||||||||||||||||
term loan | 49,863,008 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value 0.0001 per share, 50,000,000 shares authorized and no shares issued and outstanding at december 31, 2023 and december 31, 2022, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other receivable | 1,193,000 | 759,000 | 172,000 | 74,767,226 | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized and no shares issued and outstanding at september 30, 2023 and december 31, 2022, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, series a preferred stock and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of accrued interest | 623,000 | 2,492,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred stock, 0.0001 par value, 50,000,000 shares authorized, 15,000 and no shares issued and outstanding at june 30, 2023 and december 31, 2022, respectively | 15,750,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, series a preferred stock and stockholders’ equity | 1,373,237,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
long term deposits | 54,450,000 | 26,554,033 | |||||||||||||||||||||||||||||||||||||||||||||||||||
long term prepaids | 9,373,000 | 8,703,542 | 3,130,766 | ||||||||||||||||||||||||||||||||||||||||||||||||||
total other assets | 917,624,000 | 1,235,670,423 | 945,514,427 | 760,094,232 | 109,780,636 | 92,212,986 | 50,799,501 | 5,927,443 | 4,896,689 | 4,164,520 | 5,125,834 | 6,124,220 | 2,207,760 | 2,382,507 | 2,179,330 | 5,018,361 | 5,638,212 | 6,776,514 | 7,828,417 | 11,795,288 | 12,127,937 | 12,767,003 | 36,193,147 | 37,087,517 | 42,459,317 | 42,448,691 | 58,938,278 | 61,481,966 | 51,809,495 | 51,802,277 | 37,083,592 | 21,771,811 | 8,315,787 | 5,369,551 | 714,415 | 1,527,722 | 1,521,247 | 254,016 | 325,000 | ||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at march 31, 2023 and december 31, 2022, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -450,719 | -450,719 | -450,719 | -450,719 | -450,719 | -450,719 | -450,719 | -450,719 | -450,719 | -450,719 | -450,719 | -450,719 | -450,719 | -450,719 | -450,719 | -450,719 | -450,719 | -450,719 | -450,734 | -1,059,308 | -973,063 | -1,018,691 | -1,338,596 | ||||||||||||||||||||||||||||||
digital currencies | 126,418,098 | 135,123,592 | 102,805,980 | 64,357,910 | 28,966,404 | 10,746,219 | 2,271,656 | 451,889 | 108,700 | 2,892 | 1,141 | 2,881 | 4,540 | 5,637 | 385,275 | 68,044 | |||||||||||||||||||||||||||||||||||||
digital currencies loaned | |||||||||||||||||||||||||||||||||||||||||||||||||||||
digital currencies held in fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||
receivable from sale of equipment | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
loan receivable | 30,000,000 | 30,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
digital currencies, restricted | 70,743,342 | 20,437,284 | 20,437,284 | 9,573,684 | |||||||||||||||||||||||||||||||||||||||||||||||||
current portion of accrued bond interest | 2,843,611 | 867,260 | |||||||||||||||||||||||||||||||||||||||||||||||||||
long-term liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
convertible notes | 731,318,578 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at september 30, 2022 and december 31, 2021, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
subscription receivable | 4,720,197 | -25,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
investment fund | 218,236,903 | 223,778,545 | 208,765,274 | 166,915,071 | 281,822,950 | ||||||||||||||||||||||||||||||||||||||||||||||||
advances to vendor | 594,239,887 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at march 31, 2022 and december 31, 2021, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
deposit | 34,458,347 | 203,258,440 | 121,582,865 | 128,869,316 | 65,647,592 | 13,269,670 | 4,195,200 | ||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation and impairment charges of 21,311,461 and 6,480,359 for december 31, 2021 and 2020, respectively | 276,242,794 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid service contract | 13,665,589 | 14,899,389 | 11,095,026 | 7,854,000 | 8,415,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
deposit, non-current | 466,254,623 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in safe agreements | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 280,497 and 207,598 for december 31, 2021 and 2020, respectively | 931,226 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses | 12,927,139 | 3,374,507 | 2,626,242 | 985,968 | 999,742 | 1,010,188 | 831,784 | 1,312,159 | 1,238,197 | 1,071,621 | 1,065,452 | 1,168,469 | 1,235,444 | 1,329,165 | 1,953,693 | 2,071,142 | 1,961,784 | 1,954,836 | 5,294,616 | 6,117,663 | 7,217,078 | 6,054,015 | 6,142,186 | 8,832,010 | 6,534,825 | 8,992,574 | 5,289,861 | 5,195,719 | 3,293,746 | 5,665,707 | 1,139,713 | 964,297 | 754,945 | 372,552 | 335,718 | 153,169 | 57,158 | 205,192 | 107,703 | 79,260 | |||||||||||||
current portion of lease liability | 93,197 | 87,447 | 89,054 | 87,959 | 85,689 | 83,179 | 80,971 | ||||||||||||||||||||||||||||||||||||||||||||||
warrant liability | 549,663 | 718,329 | 1,914,333 | 322,437 | 31,500 | 9,625 | 3,062 | 12,849 | 46,836 | 115,387 | 76,817 | 39,083 | 145,124 | 190,719 | 285,348 | 1,794,396 | 2,411,750 | ||||||||||||||||||||||||||||||||||||
convertible notes payable | 728,405,922 | 999,106 | 999,106 | 999,106 | 999,106 | 999,106 | |||||||||||||||||||||||||||||||||||||||||||||||
sba ppp loan payable | 62,500 | 62,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities | 765,221,042 | 3,924,170 | 3,344,571 | 2,962,801 | 1,506,275 | 1,241,746 | 1,058,611 | 2,498,399 | 2,972,290 | 4,190,676 | 2,420,131 | 2,503,937 | 2,273,633 | 2,473,395 | 3,143,518 | 3,970,339 | 7,670,100 | 21,924,790 | 25,149,498 | 25,418,010 | 27,575,577 | 26,327,536 | 28,948,083 | 36,035,398 | 34,551,851 | 50,912,068 | 47,748,442 | 42,638,748 | 35,233,811 | 25,311,204 | 6,232,877 | 785,609 | 403,216 | 183,833 | 87,822 | 235,856 | 138,367 | 149,260 | 11,050 | ||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at december 31, 2021 and 2020, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation and impairment charges of 14,442,777 and 6,480,359 for september 30, 2021 and december 31, 2020, respectively | 93,932,227 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 260,980 and 207,598 for september 30, 2021 and december 31, 2020, respectively | 949,020 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at september 30, 2021 and december 31, 2020, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation and impairment charges of 10,120,373 and 6,480,359 for june 30, 2021 and december 31, 2020, respectively | 80,151,147 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 243,187 and 207,598 for june 30, 2021 and december 31, 2020, respectively | 966,813 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at december 31, 2020 and december 31, 2019, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation and impairment charges of 7,200,501 and 6,480,359 for march 31, 2021 and december 31, 2020, respectively | 41,960,893 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 225,392 and 207,598 for march 31, 2021 and december 31, 2020, respectively | 984,608 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at march 31, 2021 and december 31, 2020, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
non-current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation of 6,480,359 and 3,487,323 for december 31, 2020 and 2019, respectively | 17,224,321 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 207,598 and 136,422 for december 31, 2020 and 2019, respectively | 1,002,402 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total non-current assets | 26,842,024 | 10,011 | |||||||||||||||||||||||||||||||||||||||||||||||||||
mining servers payable | 513,700 | 1,852,477 | |||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of operating lease liability | 121,596 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease liability | |||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at december 31, 2020 and 2019, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation and impairment charges of 7,507,970 and 6,157,786 for september 30, 2020 and december 31, 2019, respectively | 4,682,293 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 189,804 and 136,422 for september 30, 2020 and december 31, 2019, respectively | 1,020,196 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
note payable | 62,500 | 62,500 | 70,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
lease liability | 44,361 | 67,255 | 95,018 | 120,479 | 134,947 | 157,007 | 178,574 | ||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at september 30, 2020 and december 31, 2019, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation and impairment charges of 6,720,281 and 6,157,786 for june 30, 2020 and december 31, 2019, respectively | 3,613,529 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 172,010 and 136,422 for june 30, 2020 and december 31, 2019, respectively | 1,037,990 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at june 30, 2020 and december 31, 2019, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - net of allowance for bad debt of 0 for march 31, 2020 | 117,811 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation and impairment charges of 6,220,792 and 6,157,786 for march 31, 2020 and december 31, 2019, respectively | 2,835,563 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 154,216 and 136,422 for march 31, 2020 and december 31, 2019, respectively | 1,055,784 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at march 31, 2020 and december 31, 2019, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation and impairment charges of 6,157,786 and 4,338,931 for december 31, 2019 and 2018, respectively | 3,754,969 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 136,422 and 65,245 for december 31, 2019 and 2018, respectively | 1,073,578 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at december 31, 2019 and 2018, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation and impairment charges of 4,751,014 and 4,338,931 for september 30, 2019 and december 31, 2018, respectively | 4,713,966 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 118,627 and 65,245 for september 30, 2019 and december 31, 2018, respectively | 1,091,373 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at september 30, 2019 and december 31, 2018, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation and impairment charges of 4,613,653 and 4,338,931 for june 30, 2019 and december 31, 2018, respectively | 759,853 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 100,833 and 65,245 for june 30, 2019 and december 31, 2018, respectively | 1,109,167 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at june 30 2019 and december 31, 2018, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation and impairment charges of 4,476,292 and 4,338,931 for march 31, 2019 and december 31, 2018, respectively | 897,214 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 83,039 and 65,245 for march 31, 2019 and december 31, 2018, respectively | 1,126,961 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding at march 31, 2019 and december 31, 2018, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - net of allowance for bad debt of 0 and 387,976 for december 31, 2018 and december 31, 2017, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation and impairment charges of 4,338,931 and 134,513 for december 31, 2018 and december 31, 2017, respectively | 1,034,575 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 65,245 for december 31, 2018 | 1,144,755 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
litigation liability | 2,150,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
convertible notes payable, net of discount of 2,290,028 for december 31, 2017 | 999,106 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, 0 and 5,513 issued and outstanding at december 31, 2018 and december 31, 2017, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - net of allowance for bad debt of 0 and 387,976 for september 30, 2018 and december 31, 2017, respectively | 102,098 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation of 1,517,694 and 134,513 for september 30, 2018 and december 31, 2017, respectively | 3,855,812 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 47,451 for september 30, 2018 | 1,162,549 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
convertible notes payable, net of discounts of 2,290,028 for december 31, 2017 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
convertible notes payable, net of discounts of 0 for september 30, 2018 | 999,106 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, 0 and 5,513 issued and outstanding at september 30, 2018 and december 31, 2017, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash | 4,232,611 | 5,367,963 | 14,948,529 | 122,172 | 1,095,721 | 493,452 | 4,998,314 | 1,294,950 | 7,158,779 | 1,420,390 | 2,555,151 | 3,408,839 | 1,487,242 | 9,477,969 | 5,082,569 | 5,556,584 | 6,498,035 | 3,610,262 | 5,864,388 | 2,916,476 | 2,354,169 | 1,525,799 | 3,315,294 | 4,006,244 | 55 | ||||||||||||||||||||||||||||
accounts receivable - net of allowance for bad debt of 387,976 for december 31, 2017 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation of 941,368 and 134,513 for june 30, 2018 and december 31, 2017, respectively | 4,457,869 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 29,657 for june 30, 2018 | 1,180,343 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discounts of 0 and 2,290,028 for june 30, 2018 and december 31, 2017, respectively | 999,106 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, 1,943 and 5,513 issued and outstanding at june 30, 2018 and december 31, 2017, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - net of allowance for bad debt of 394,802 and 387,976 for march 31, 2018 and december 31, 2017, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation of 366,777 and 134,513 for march 31, 2018 and december 31, 2017, respectively | 5,578,377 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 11,863 for march 31, 2018 | 1,198,137 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discounts of 345,256 and 2,290,028 for march 31, 2018 and december 31, 2017, respectively | 1,613,849 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value, 50,000,000 shares authorized, 1,943 and 5,513 issued and outstanding at march 31, 2018 and december 31, 2017, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - net of allowance for bad debt of 387,976 and 387,976 for december 31, 2017 and 2016, respectively. | 6,826 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
note receivable, net of allowance of 588,864 for december 31, 2017 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation of 134,513 and 108,407 for december 31, 2017 and 2016, respectively | 10,011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 11,323,185 for december 31, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of discounts of 797 for december 31, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
clouding ip earn out - current portion | 32,637 | 81,930 | 81,930 | 81,930 | 110,100 | 103,049 | 33,646 | 327,757 | 883,484 | 2,092,000 | 2,092,000 | 2,148,000 | |||||||||||||||||||||||||||||||||||||||||
notes payable, net of discounts of 2,290,028 and 852,404 for december 31, 2017 and 2016, respectively | 1,763,920 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discount of 572,763 for december 31, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
clouding ip earn out | 681,175 | 1,386,203 | 1,386,203 | 1,400,082 | 1,082,586 | 3,147,054 | 3,213,177 | 3,281,238 | 6,264,215 | 7,360,000 | 7,360,000 | ||||||||||||||||||||||||||||||||||||||||||
revenue share liability | 1,225,000 | 1,225,000 | 1,225,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
other long-term liability | |||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, .0001 par value, 50,000,000 shares authorized, 5,513 and 195,501 issued and outstanding at december 31, 2017 and 2016, respectively | 1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests | -319,134 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total cash | 4,041,890 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - net of allowance for bad debt of 387,976 and 387,976 for september 30, 2017 and december 31, 2016 | 123,630 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
note receivable | 588,864 | 588,864 | 588,864 | ||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, net of discounts of 2,659 for september 30, 2017 and 3,724 for december 31, 2016 | 108,878 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation of 133,224 and 108,407 for september 30, 2017 and december 31, 2016 | 9,803 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 12,813,915 and 11,323,185 for september 30, 2017 and december 31, 2016 | 7,590,213 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other non current assets, net of discounts of 797 for december 31, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discounts of 5,837,363 and 852,404 for september 30, 2017 and december 31, 2016 | 15,582,156 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discount of 57,763 for december 31, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other long term liability | 37,236 | 39,853 | 255,400 | 43,978 | 45,763 | 47,549 | 49,075 | 50,084 | |||||||||||||||||||||||||||||||||||||||||||||
stockholders' deficit: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock series b, .0001 par value, 50,000,000 shares authorized: 195,501 issued and outstanding at september 30, 2017 and december 31, 2016 | 78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -450,623 | -959,401 | -1,168,556 | -1,018,385 | |||||||||||||||||||||||||||||||||||||||||||||||||
total marathon patent group stockholders' equity | -9,041,829 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | -191,282 | -234,484 | -27,918 | ||||||||||||||||||||||||||||||||||||||||||||||||||
total deficit | -9,233,111 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' deficit | 12,691,679 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - net of allowance for bad debt of 387,976 as of june 30, 2017 and december 31, 2016 | 116,336 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
bonds posted with courts | 375,603 | 351,647 | 980,919 | 2,383,069 | 1,443,457 | 1,748,311 | 1,794,226 | 1,790,241 | 1,732,895 | 1,946,196 | |||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, net of discounts of 2,659 for june 30, 2017 and 3,724 for december 31, 2016 | 128,718 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation of 128,718 and 108,407 for june 30, 2017 and december 31, 2016 | 12,213 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 12,691,608 and 11,323,185 for june 30, 2017 and december 31, 2016 | 11,358,722 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other non current assets, net of discounts of 0 for june 30, 2017 and 797 for december 31, 2016 | 200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discounts of 503,572 for june 30, 2017 and 852,404 for december 31, 2016 | 5,622,173 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discount of 1,302,129 for june 30, 2017 and 57,763 for december 31, 2016 | 11,499,723 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders deficit: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock series b, .0001 par value, 100,000,000 shares authorized: 782,004 issued and outstanding at june 30, 2017 and december 31, 2016 | 78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive | -933,245 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total marathon patent group stockholders deficit | -10,729,834 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - net of allowance for bad debt of 387,976 for march 31, 2017 and december 31, 2016, respectively | 103,397 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, net of discounts of 3,279 for march 31, 2017 and 3,724 for december 31, 2016 | 226,088 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation of 118,420 and 108,407 for march 31, 2017 and december 31, 2016 | 20,414 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 12,028,755 and 11,323,189 for march 31, 2017 and december 31, 2016 | 11,683,170 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other non current assets, net of discounts of 797 for march 31, 2017 and december 31, 2016, respectively | 200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discounts of 440,219 and 852,404 for march 31, 2017 and december 31, 2016 | 3,666,278 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discount of 572,763 and 57,763 for march 31, 2017 and december 31, 2016 | 12,685,536 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock series b, .0001 par value, 100,000,000 shares authorized: 782,004 issued and outstanding at march 31, 2017 and december 31, 2016 | 78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total marathon patent group stockholders’ equity | -11,292,141 | 12,404,651 | 9,587,214 | ||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - net of allowance for bad debt of 387,976 and 375,750 for december 31, 2016 and december 31, 2015 | 95,069 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, net of discounts of 3,724 for december 31, 2016 and 3,414 for december 31, 2015 | 428,049 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation of 108,407 and 67,052 for december 31, 2016 and december 31, 2015 | 28,329 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other non current assets, net of discounts of 797 and 4,831 for december 31, 2016 and december 31, 2015 | 201,203 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discounts of 852,404 and 730,945 for december 31, 2016 and december 31, 2015 | 13,162,007 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discount of 572,763 and 1,425,167 for december 31, 2016 and december 31, 2015 | 4,670,502 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax liability | 438,709 | 789,690 | 964,998 | 1,044,997 | 1,056,406 | 1,256,480 | 1,392,557 | ||||||||||||||||||||||||||||||||||||||||||||||
preferred stock series b, .0001 par value, 100,000,000 shares authorized: 782,004 issued and outstanding at december 31, 2016 and december 31, 2015 | 78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - net of allowance for bad debt of 387,976 and 375,750 for september 30, 2016 and december 31, 2015 | 81,865 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, net of discounts of 2,483 for september 30, 2016 and 3,414 for december 31, 2015 | 153,388 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation of 98,347 and 67,052 for september 30, 2016 and december 31, 2015 | 38,389 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 16,438,643 and 15,557,353 for september 30, 2016 and december 31, 2015 | 19,551,678 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other non current assets, net of discounts of 2,969 and 4,831 for september 30, 2016 and december 31, 2015 | 201,031 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discounts of 818,919 and 730,945 for september 30, 2016 and december 31, 2015 | 11,139,623 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discount of 798,966 and 1,425,167 for september 30 , 2016 and december 31, 2015 | 6,456,740 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock series b, .0001 par value, 50,000,000 shares authorized: 782,004 issued and outstanding at september 30, 2016 and december 31, 2015 | 78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - net of allowance for bad debt of 387,976 and 375,750 for june 30, 2016 and december 31, 2015 | 128,337 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, net of discounts of 3,103 for june 30, 2016 and 3,414 for december 31, 2015 | 177,745 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation of 87,662 and 67,052 for june 30, 2016 and december 31, 2015 | 46,977 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 18,013,247 and 15,557,353 for june 30, 2016 and december 31, 2015 | 23,488,453 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other non current assets, net of discounts of 3,279 and 4,831 for june 30, 2016 and december 31, 2015 | 204,721 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discounts of 788,320 and 730,945 for june 30, 2016 and december 31, 2015 | 8,793,806 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discount of 1,016,198 and 1,425,167 for june 30, 2016 and december 31, 2015 | 9,027,798 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock series b, .0001 par value, 50,000,000 shares authorized: 782,004 and 782,004 issued and outstanding at june 30, 2016 and december 31, 2015 | 78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total marathon patent group, inc. stockholders’ equity | 17,991,086 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - net of allowance for bad debt of 375,750 and 375,750 for march 31, 2016 and december 31, 2015 | 153,112 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, net of discounts of 3,414 and 3,414 for march 31, 2016 and december 31, 2015 | 146,336 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation of 77,653 and 67,052 for march 31, 2016 and december 31, 2015 | 52,793 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 16,423,203 and 15,557,353 for march 31, 2016 and december 31, 2015 | 23,208,298 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other non current assets, net of discounts of 3,900 and 4,831 for march 31, 2016 and december 31, 2015 | 207,100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discounts of 754,421 and 730,945 for march 31, 2016 and december 31, 2015 | 11,379,212 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discount of 1,224,817 and 1,425,167 for march 31, 2016 and december 31, 2015 | 10,493,877 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock series b, .0001 par value, 50,000,000 shares authorized: 782,004 and 782,004 issued and outstanding at march 31, 2016 and december 31, 2015 | 78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - net of allowance for bad debt of 375,750 and 0 for december 31, 2015 and december 31, 2014 | 136,842 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, net of discounts of 3,414 and 0 for december 31, 2015 and december 31, 2014 | 338,598 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation of 67,052 and 16,135 for december 31, 2015 and december 31, 2014 | 61,297 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 15,557,353 and 6,550,528 for december 31, 2015 and december 31, 2014 | 25,457,639 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other non current assets, net of discounts of 4,831 and 0 for december 31, 2015 and december 31, 2014 | 9,169 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discounts of 730,945 and 82,010 for december 31, 2015 and december 31, 2014 | 10,383,177 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discount of 1,425,167 and 64,925, for december 31, 2015 and december 31, 2014 | 12,223,884 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock series a, .0001 par value, 50,000,000 shares authorized: 0 and 0 issued and outstanding at december 31, 2015 and december 31, 2014 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock series b, .0001 par value, 50,000,000 shares authorized: 782,004 and 932,000 issued and outstanding at december 31, 2015 and december 31, 2014 | 78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - net of allowance for bad debt of 0 and 0 for september 30, 2015 and december 31, 2014 | 2,326,717 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, net of discounts of 3,414 and 0 for september 30, 2015 and december 31, 2014 | 114,953 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation of 55,571 and 16,135 for september 30, 2015 and december 31, 2014 | 70,680 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 14,931,649 and 6,550,528 for september 30, 2015 and december 31, 2014 | 43,753,217 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other non current assets, net of discounts 5,760 and 0 for september 30, 2015 and december 31,2014 | 11,238 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discounts of 703,762 and 82,010 for september 30, 2015 and december 31, 2014 | 19,384,416 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discount of 1,617,885 and 64,925, for september 30, 2015 and december 31, 2014 | 13,876,928 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other non current liability | 51,092 | 52,101 | 52,867 | ||||||||||||||||||||||||||||||||||||||||||||||||||
revenue sharing liability | 1,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
clouding ip earnout - long-term portion | 6,222,895 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock series b, .0001 par value, 50,000,000 shares authorized: 798,670 and 932,000 issued and outstanding at september 30, 2015 and december 31, 2014 | 80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - net of allowance for bad debt of 0 and 0 for june 30, 2015 and december 31, 2014 | 704,061 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment, net of accumulated depreciation of 40,385 and 16,135 for june 30, 2015 and december 31, 2014 | 70,738 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets, net of accumulated amortization of 12,043,560 and 6,550,528 for june 30, 2015 and december 31, 2014 | 46,597,522 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discounts and loan fees of 676,182 and 82,010 for 6/30/15 and 12/31/14 | 17,394,103 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discount and loan fees of 1,804,517 and 64,925, for 6/30/15 and 12/31/14 | 15,608,198 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock series b, .0001 par value, 50,000,000 shares authorized: 982,000 and 932,000 issued and outstanding at june 30, 2015 and december 31, 2014 | 98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 17,839,504 | 21,294,324 | 24,252,619 | 28,179,428 | 22,771,664 | 12,169,621 | 11,487,998 | 3,537,369 | 3,929,047 | 3,264,974 | 3,657,751 | 10,344,239 | |||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 65,587,946 | 63,933,072 | 59,486,430 | 53,490,632 | 29,004,541 | 12,955,230 | 11,891,214 | 3,721,202 | 4,016,869 | 3,500,830 | 3,796,118 | 10,493,499 | |||||||||||||||||||||||||||||||||||||||||
accounts receivable - net | 763,070 | 216,997 | 10,510,000 | 75,000 | 270,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discounts of 784,154 and 82,010 for 3/31/15 and 12/31/14 | 8,059,305 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of discount of 1,818,185 and 64,925, for 3/31/15 and 12/31/14 | 17,486,300 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock series b, .0001 par value, 50,000,000 shares authorized: 982,000 and 932,000 issued and outstanding at march 31, 2015 and december 31, 2014 | 98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
marketable securities - available for sale securities | 6,250 | 6,250 | 6,250 | 6,250 | 12,500 | 12,500 | 18,750 | 50,000 | |||||||||||||||||||||||||||||||||||||||||||||
convertible notes, net of discount of 146,935 | 5,403,065 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities of discontinued operations | 30,664 | 30,664 | 30,664 | 30,664 | 30,664 | 30,664 | 30,664 | ||||||||||||||||||||||||||||||||||||||||||||||
preferred stock series b, .0001 par value, 50,000,000 shares authorized: 932,000 and 0 issued and outstanding at december 31, 2014 and december 31, 2013 | 93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income <loss> | -388,357 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total marathon patent group, inc. equity | 24,252,619 | 28,179,428 | 22,782,160 | 12,180,117 | 11,498,494 | 3,547,865 | 3,939,543 | ||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interest in subsidiary | -10,496 | -10,496 | -10,496 | -10,496 | -10,496 | -10,496 | -101 | ||||||||||||||||||||||||||||||||||||||||||||||
income tax payable | 467,997 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
clouding ip earn out, long-term portion | 10,967,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
series a convertible preferred stock, .0001 par value, 50,000,000 shares authorized: 1,008,194 and 0 issued and outstanding at september 30, 2014 and december 31, 2013 | 101 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
series b convertible preferred stock, .0001 par value, 50,000,000 shares authorized: 391,000 and 0 issued and outstanding at september 30, 2014 and december 31, 2013 | 39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income - marketable securities available for sale | -6,250 | -6,250 | -112,500 | -106,250 | -75,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
accumulated deficits | -7,531,065 | -9,810,910 | -10,487,469 | ||||||||||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock series a, .0001 par value, 50,000,000 shares authorized: 1,023,579 and 0 issued and outstanding at june 30, 2014 and december 31, 2013, respectively | 102 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
convertible preferred stock series b, .0001 par value, 50,000,000 shares authorized: 391,000 and 0 issued and outstanding at june 30, 2014 and december 31, 2013, respectively | 39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss - marketable securities available for sale | -6,250 | -6,250 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | -281,606 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation | 1,417 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of patents | 453,647 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of prepaid expense in connection with the issuance of common stock issued for prepaid services | 181,564 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
stock based compensation on warrants | 10,394 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
stock based compensation on options granted | 488,669 | 405,957 | |||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||
assets of discontinued operations - current portion | 82,145 | 53,395 | 82,145 | ||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses | -8,015 | 321,025 | 24,414 | 30,666 | 40,333 | 75,000 | 112,255 | 3,345 | |||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 1,800,367 | -693,446 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of property and equipment | -10,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds received from sale of real estate property | |||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalized cost related to improvements of real estate property | -16,750 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | 175,570 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash | 1,800,367 | 4,037,124 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash at beginning of year | 3,610,262 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash at end of period | 5,410,629 | 6,391,293 | |||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
interest | 459 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | |||||||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to unaudited consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||
level 1: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
level 2: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
level 3: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
assets of discontinued operations - long term portion | 230,088 | 1,035,570 | |||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, .0001 par value, 50,000,000 shares authorized: none issued and outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||
deficits accumulated during the development stage | -9,388,489 | -7,642,670 | -7,037,134 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to marathon patent group, inc. | -1,416,035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization expense | 475,680 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of prepaid expense in connection | |||||||||||||||||||||||||||||||||||||||||||||||||||||
with the issuance of common stock issued for prepaid services | 11,250 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation expense | 1,111 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
stock based compensation on warrants granted | 72,064 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock issued for services | 564,250 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash revenue | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash other income | |||||||||||||||||||||||||||||||||||||||||||||||||||||
realized loss other than temporary decline - available for sale | |||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of mineral rights | |||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of assets of discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of mineral rights | |||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of patents | -350,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
note receivable - related party | 147,708 | 133,058 | |||||||||||||||||||||||||||||||||||||||||||||||||||
collection on note receivable - related party | |||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of real estate property | 1,052,320 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of real estate property | |||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of cyberfone systems, llc | -500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
payment on note payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||
payment on note payable - related party | |||||||||||||||||||||||||||||||||||||||||||||||||||||
payment on note payable in connection with the acquisition of cyberfone systems, llc | -500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
payment in connection with the cancellation of stock and rescission agreement | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disgorgement of former officer short swing profits | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from advances payables | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from promissory note - related party | |||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of common stock, net of issuance costs | 5,055,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 4,555,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash at beginning of period | 2,354,169 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of non-cash investing and financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of a note payable to a related party in connection with | |||||||||||||||||||||||||||||||||||||||||||||||||||||
the purchase of mining rights | |||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock for advances payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||
assumption of prepaid assets upon exercise of option agreement | |||||||||||||||||||||||||||||||||||||||||||||||||||||
assumption of accounts payable upon exercise of option agreement | |||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of a note payable in connection with an option agreement | |||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock in connection with an option agreement | |||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock issued for acquisition of patents | |||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock issued in connection with the acquisition of cyberfone systems, llc | 2,280,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock issued for prepaid services | 441,256 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of patents in connection with a non-cash settlement | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, .0001 par value, 50,000,000 shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized: none issued and outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||
45,546,345 and 45,546,345 issued and outstanding at march 31, 2013 and december 31, 2012 | 4,555 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable - related party | |||||||||||||||||||||||||||||||||||||||||||||||||||||
advances payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits in real estate under contract | 85,660 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits pursuant to non-binding agreements | 150,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate held for sale | 1,521,247 | 254,016 | |||||||||||||||||||||||||||||||||||||||||||||||||||
34,118,127 and 10,000,000 issued and outstanding at september 30, 2012 and december 31, 2011 | 3,412 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total american strategic minerals corporation deficit | 3,275,470 | 3,657,852 | |||||||||||||||||||||||||||||||||||||||||||||||||||
deposit pursuant to an option agreement | 6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
mineral rights | 325,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
43,318,854 and 10,000,000 issued and outstanding at march 31, 2012 and december 31, 2011 | 4,332 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ (deficit) equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||
note payable – related party | 11,050 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ (deficit) equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid in capital | 16,200 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
deficit accumulated during the development stage | -32,900 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ (deficit) equity | -7,650 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ (deficit) equity | 3,400 |
We provide you with 20 years of balance sheets for Marathon Digital stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as asset and liabilities, payables and receivables, long debts and short debts, cash and inventories, expenses and profits. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Marathon Digital. Explore the full financial landscape of Marathon Digital stock with our expertly curated balance sheets.
The information provided in this report about Marathon Digital stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.