EdgarLookup

TREES Corp (Colorado) — Financial Data

Annual figures from SEC EDGAR XBRL filings (10-K)

These figures are extracted directly from XBRL-tagged financial statements that TREES Corp (Colorado) filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.

Overview All Filings Annual Quarterly Insiders
-39%
Profit Margin
Net income ÷ revenue
-30.5%
Return on Assets
Net income ÷ assets
155.91x
Debt-to-Equity
Total liabilities ÷ equity
+34.9%
Revenue Growth
Year over year

Revenue

Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 $18.14M Apr 10, 2024
FY2023 Dec 31, 2022 $13.44M Apr 10, 2024
FY2021 Dec 31, 2021 $5.91M Mar 25, 2022
FY2021 Dec 31, 2020 $2.28M Mar 25, 2022
FY2020 Dec 31, 2019 $3.67M Apr 1, 2021
FY2019 Dec 31, 2018 $1.74M Jul 7, 2020
FY2018 Dec 31, 2017 $3.52M Mar 8, 2019
FY2017 Dec 31, 2016 $2.98M Mar 12, 2018
FY2016 Dec 31, 2015 $1.76M Mar 31, 2017
FY2015 Dec 31, 2014 $240.2K Mar 25, 2016

Revenue (Net Sales)

Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.

Fiscal Year Period End Value Filed
FY2017 Dec 31, 2017 $3.52M Mar 12, 2018
FY2017 Dec 31, 2016 $2.98M Mar 12, 2018
FY2016 Dec 31, 2015 $1.76M Mar 31, 2017
FY2013 Dec 31, 2013 $0 Aug 20, 2014
FY2012 Dec 31, 2012 $4.1K Apr 1, 2013
FY2012 Dec 31, 2011 $2.8K Apr 1, 2013

Gross Profit

Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.

Fiscal Year Period End Value Filed
FY2013 Dec 31, 2013 $0 Aug 20, 2014
FY2012 Dec 31, 2012 ($27.1K) Apr 1, 2013
FY2012 Dec 31, 2011 $30.3K Apr 1, 2013
FY2011 Dec 31, 2010 $72.5K Mar 30, 2012

Net Income

The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 ($7.08M) Apr 10, 2024
FY2023 Dec 31, 2022 ($9.48M) Apr 10, 2024
FY2022 Dec 31, 2021 ($8.87M) Apr 17, 2023
FY2021 Dec 31, 2020 ($7.68M) Mar 25, 2022
FY2020 Dec 31, 2019 ($15.48M) Apr 1, 2021
FY2019 Dec 31, 2018 ($16.97M) Jul 7, 2020
FY2018 Dec 31, 2017 ($8.22M) Mar 8, 2019
FY2017 Dec 31, 2016 ($10.17M) Mar 12, 2018
FY2016 Dec 31, 2015 ($8.79M) Mar 31, 2017
FY2015 Dec 31, 2014 ($6.93M) Mar 25, 2016

Operating Income

Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 ($3.97M) Apr 10, 2024
FY2023 Dec 31, 2022 ($3.17M) Apr 10, 2024
FY2022 Dec 31, 2021 ($3.01M) Apr 17, 2023
FY2021 Dec 31, 2020 ($5.87M) Mar 25, 2022
FY2020 Dec 31, 2019 ($8.86M) Apr 1, 2021
FY2019 Dec 31, 2018 ($10.57M) Jul 7, 2020
FY2018 Dec 31, 2017 ($7.05M) Mar 8, 2019
FY2017 Dec 31, 2016 ($7.06M) Mar 12, 2018
FY2016 Dec 31, 2015 ($7.24M) Mar 31, 2017
FY2015 Dec 31, 2014 ($2.54M) Mar 25, 2016

SG&A Expense

Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 $8.22M Apr 10, 2024
FY2023 Dec 31, 2022 $6.56M Apr 10, 2024
FY2022 Dec 31, 2021 $2.76M Apr 17, 2023
FY2021 Dec 31, 2020 $2.90M Mar 25, 2022
FY2020 Dec 31, 2019 $4.38M Apr 1, 2021
FY2019 Dec 31, 2018 $3.41M Jul 7, 2020
FY2018 Dec 31, 2017 $2.84M Mar 8, 2019
FY2017 Dec 31, 2016 $2.04M Mar 12, 2018
FY2016 Dec 31, 2015 $1.43M Mar 31, 2017

Operating Cash Flow

Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 ($1.13M) Apr 10, 2024
FY2023 Dec 31, 2022 ($2.05M) Apr 10, 2024
FY2022 Dec 31, 2021 ($2.65M) Apr 17, 2023
FY2021 Dec 31, 2020 ($5.00M) Mar 25, 2022
FY2020 Dec 31, 2019 ($5.33M) Apr 1, 2021
FY2019 Dec 31, 2018 ($5.73M) Jul 7, 2020
FY2018 Dec 31, 2017 ($3.20M) Mar 8, 2019
FY2017 Dec 31, 2016 ($1.85M) Mar 12, 2018
FY2016 Dec 31, 2015 ($1.58M) Mar 31, 2017
FY2015 Dec 31, 2014 ($1.43M) Mar 25, 2016

Capital Expenditures (Capex)

Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.

Fiscal Year Period End Value Filed
FY2022 Dec 31, 2022 $61.6K Apr 17, 2023
FY2022 Dec 31, 2021 $331.8K Apr 17, 2023
FY2021 Dec 31, 2020 $314.8K Mar 25, 2022
FY2020 Dec 31, 2019 $318.6K Apr 1, 2021
FY2019 Dec 31, 2018 $241.3K Jul 7, 2020
FY2018 Dec 31, 2017 $53.7K Mar 8, 2019
FY2017 Dec 31, 2016 $41.4K Mar 12, 2018
FY2016 Dec 31, 2015 $56.2K Mar 31, 2017
FY2014 Dec 31, 2014 $573.1K Apr 15, 2015
FY2014 Dec 31, 2013 $282.8K Apr 15, 2015

Total Assets

The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 $23.25M Apr 10, 2024
FY2023 Dec 31, 2022 $31.69M Apr 10, 2024
FY2022 Dec 31, 2021 $22.02M Apr 17, 2023
FY2021 Dec 31, 2020 $8.52M Mar 25, 2022
FY2020 Dec 31, 2019 $3.50M Apr 1, 2021
FY2019 Dec 31, 2018 $10.74M Jul 7, 2020
FY2018 Dec 31, 2017 $7.60M Mar 8, 2019
FY2017 Dec 31, 2016 $2.86M Mar 12, 2018
FY2016 Dec 31, 2015 $3.68M Mar 31, 2017
FY2015 Dec 31, 2014 $2.07M Mar 25, 2016

Total Liabilities

All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 $23.10M Apr 10, 2024
FY2023 Dec 31, 2022 $25.29M Apr 10, 2024
FY2022 Dec 31, 2021 $12.42M Apr 17, 2023
FY2021 Dec 31, 2020 $7.52M Mar 25, 2022
FY2020 Dec 31, 2019 $9.27M Apr 1, 2021
FY2017 Dec 31, 2017 $4.10M Mar 12, 2018
FY2017 Dec 31, 2016 $3.05M Mar 12, 2018
FY2016 Dec 31, 2015 $3.89M Mar 31, 2017
FY2015 Dec 31, 2014 $5.59M Mar 25, 2016
FY2014 Dec 31, 2013 $659.8K Apr 15, 2015

Stockholders Equity

The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 $148.2K Apr 10, 2024
FY2023 Dec 31, 2022 $6.41M Apr 10, 2024
FY2023 Dec 31, 2021 $9.61M Apr 10, 2024
FY2022 Dec 31, 2020 $1.00M Apr 17, 2023
FY2021 Dec 31, 2019 ($5.76M) Mar 25, 2022
FY2020 Dec 31, 2018 $4.55M Apr 1, 2021
FY2019 Dec 31, 2017 $3.51M Jul 7, 2020
FY2018 Dec 31, 2016 ($190.2K) Mar 8, 2019
FY2017 Dec 31, 2015 ($208.2K) Mar 12, 2018
FY2016 Dec 31, 2014 ($3.52M) Mar 31, 2017

Goodwill

An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 $15.88M Apr 10, 2024
FY2023 Dec 31, 2022 $18.38M Apr 10, 2024
FY2022 Dec 31, 2021 $8.80M Apr 17, 2023
FY2022 Dec 31, 2020 $2.48M Apr 17, 2023
FY2016 Dec 31, 2015 $187.0K Mar 31, 2017

Retained Earnings

Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 ($100.48M) Apr 10, 2024
FY2023 Dec 31, 2022 ($93.38M) Apr 10, 2024
FY2022 Dec 31, 2021 ($83.82M) Apr 17, 2023
FY2021 Dec 31, 2020 ($74.95M) Mar 25, 2022
FY2020 Dec 31, 2019 ($67.27M) Apr 1, 2021
FY2019 Dec 31, 2018 ($51.79M) Jul 7, 2020
FY2018 Dec 31, 2017 ($34.81M) Mar 8, 2019
FY2017 Dec 31, 2016 ($26.59M) Mar 12, 2018
FY2016 Dec 31, 2015 ($16.43M) Mar 31, 2017
FY2015 Dec 31, 2014 ($7.64M) Mar 25, 2016

Cash & Equivalents

Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 $969.7K Apr 10, 2024
FY2023 Dec 31, 2022 $2.58M Apr 10, 2024
FY2022 Dec 31, 2021 $2.05M Apr 17, 2023
FY2021 Dec 31, 2020 $750.2K Mar 25, 2022
FY2020 Dec 31, 2019 $122.4K Apr 1, 2021
FY2019 Dec 31, 2018 $7.60M Jul 7, 2020
FY2018 Dec 31, 2017 $5.04M Mar 8, 2019
FY2017 Dec 31, 2016 $773.8K Mar 12, 2018
FY2016 Dec 31, 2015 $58.7K Mar 31, 2017
FY2015 Dec 31, 2014 $165.5K Mar 25, 2016

Long-Term Debt

Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 $15.11M Apr 10, 2024
FY2023 Dec 31, 2022 $17.80M Apr 10, 2024
FY2022 Dec 31, 2021 $7.00M Apr 17, 2023
FY2021 Dec 31, 2020 $2.89M Mar 25, 2022
FY2020 Dec 31, 2019 $2.33M Apr 1, 2021
FY2019 Dec 31, 2018 $5.27M Jul 7, 2020
FY2018 Dec 31, 2017 $1.18M Mar 8, 2019
FY2017 Dec 31, 2016 $1.25M Mar 12, 2018
FY2016 Dec 31, 2015 $1.14M Mar 31, 2017
FY2015 Dec 31, 2014 $1.06M Mar 25, 2016

EPS (Basic)

Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 0 Apr 10, 2024
FY2023 Dec 31, 2022 0 Apr 10, 2024
FY2022 Dec 31, 2021 0 Apr 17, 2023
FY2017 Dec 31, 2016 0 Mar 12, 2018

EPS (Diluted)

Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 0 Apr 10, 2024
FY2023 Dec 31, 2022 0 Apr 10, 2024
FY2022 Dec 31, 2021 0 Apr 17, 2023
FY2018 Dec 31, 2018 0 Mar 8, 2019
FY2018 Dec 31, 2017 0 Mar 8, 2019
FY2017 Dec 31, 2016 0 Mar 12, 2018

Shares Outstanding

Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.

Fiscal Year Period End Value Filed
FY2023 Dec 31, 2023 108.75M Apr 10, 2024
FY2023 Dec 31, 2022 118.66M Apr 10, 2024
FY2022 Dec 31, 2021 89.55M Apr 17, 2023
FY2021 Dec 31, 2020 60.81M Mar 25, 2022
FY2020 Dec 31, 2019 39.50M Apr 1, 2021
FY2019 Dec 31, 2018 36.22M Jul 7, 2020
FY2018 Dec 31, 2017 27.69M Mar 8, 2019
FY2017 Dec 31, 2016 17.19M Mar 12, 2018
FY2016 Dec 31, 2015 14.92M Mar 31, 2017
FY2015 Dec 31, 2014 12.50M Mar 25, 2016