AppHarvest (APPH) Financial Statements

Price: $0.0666
Market Cap: $10.33M
Avg Volume: 4.29M
Country: US
Industry: Agricultural Farm Products
Sector: Consumer Defensive
Beta: 2.351972
52W Range: $0.0666-4.07
Website: AppHarvest

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of AppHarvest.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$60.00M$60.00M$50.00M$50.00M$40.00M$40.00M$30.00M$30.00M$20.00M$20.00M$10.00M$10.00M$0.00$0.0020212021Mar '21Mar '21May '21May '21Jul '21Jul '21Sep '21Sep '21Nov '21Nov '2120222022Mar '22Mar '22May '22May '22Jul '22Jul '22Sep '22Sep '22Nov '22Nov '2220232023
Operating Expenses
Operating Income
Operating Expenses & Income$160.00M$160.00M$80.00M$80.00M$0.00$0.00-$80.00M-$80.00M-$160.00M-$160.00M-$240.00M-$240.00M20212021Mar '21Mar '21May '21May '21Jul '21Jul '21Sep '21Sep '21Nov '21Nov '2120222022Mar '22Mar '22May '22May '22Jul '22Jul '22Sep '22Sep '22Nov '22Nov '2220232023
Breakdown December 31, 2022 December 31, 2021 December 31, 2020
Revenue $14.59M $9.05M $-
Cost of Revenue $56.99M $41.94M $-
Gross Profit $-42.40M $-32.89M $-
Gross Profit Ratio -290.59% -363.40% 0.00%
Research and Development Expenses $- $- $-
General and Administrative Expenses $- $- $-
Selling and Marketing Expenses $- $- $-
Selling General and Administrative Expenses $81.27M $107.25M $16.30M
Other Expenses $-480.00K $448.00K $176.00K
Operating Expenses $81.27M $107.25M $16.47M
Cost and Expenses $138.26M $149.18M $16.47M
Interest Income $- $- $-
Interest Expense $49.99M $658.00K $1.42M
Depreciation and Amortization $65.97M $71.14M $631.00K
EBITDA $-107.80M $-128.89M $-15.84M
EBITDA Ratio -738.73% -1424.21% 0.00%
Operating Income $-173.77M $-200.03M $-16.47M
Operating Income Ratio -1190.86% -2210.32% 0.00%
Total Other Income Expenses Net $-369.00K $34.84M $-968.00K
Income Before Tax $-174.14M $-165.20M $-17.44M
Income Before Tax Ratio -1193.39% -1825.38% 0.00%
Income Tax Expense $2.51M $989.00K $9.00K
Net Income $-176.65M $-166.19M $-17.45M
Net Income Ratio -1210.57% -1836.31% 0.00%
EPS $-1.69 $-1.74 $-0.46
EPS Diluted $-1.69 $-1.74 $-0.46
Weighted Average Shares Outstanding 104.76M 95.57M 38.07M
Weighted Average Shares Outstanding Diluted 104.76M 95.57M 38.07M
SEC Filing Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$600.00M$600.00M$500.00M$500.00M$400.00M$400.00M$300.00M$300.00M$200.00M$200.00M$100.00M$100.00M$0.00$0.0020212021Mar '21Mar '21May '21May '21Jul '21Jul '21Sep '21Sep '21Nov '21Nov '2120222022Mar '22Mar '22May '22May '22Jul '22Jul '22Sep '22Sep '22Nov '22Nov '2220232023
Equity$400.00M$400.00M$300.00M$300.00M$200.00M$200.00M$100.00M$100.00M$0.00$0.0020212021Mar '21Mar '21Jun '21Jun '21Aug '21Aug '21Nov '21Nov '21Feb '22Feb '22May '22May '22Aug '22Aug '22Nov '22Nov '22
Breakdown December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $54.33M $150.75M $21.91M
Short Term Investments $- $- $100.05M
Cash and Short Term Investments $54.33M $150.75M $21.91M
Net Receivables $2.79M $1.57M $-
Inventory $18.08M $5.00M $3.39M
Other Current Assets $38.91M $31.17M $-
Total Current Assets $114.11M $188.50M $25.78M
Property Plant Equipment Net $458.80M $348.92M $153.95M
Goodwill $- $- $-
Intangible Assets $- $- $-
Goodwill and Intangible Assets $- $-2.42M $-
Long Term Investments $5.00M $5.00M $-
Tax Assets $4.92M $2.42M $-
Other Non-Current Assets $12.49M $11.64M $1.19M
Total Non-Current Assets $481.22M $365.57M $155.14M
Other Assets $- $- $-
Total Assets $595.33M $554.06M $180.92M
Account Payables $16.57M $8.55M $1.34M
Short Term Debt $4.20M $28.77M $148.18M
Tax Payables $- $- $-
Deferred Revenue $4.92M $15.79M $5.18M
Other Current Liabilities $17.27M $119.00K $77.00K
Total Current Liabilities $42.97M $53.24M $154.78M
Long Term Debt $286.95M $107.58M $1.37M
Deferred Revenue Non-Current $- $1.39M $-
Deferred Tax Liabilities Non-Current $4.92M $2.42M $-
Other Non-Current Liabilities $192.00K $1.81M $-
Total Non-Current Liabilities $292.07M $113.19M $1.37M
Other Liabilities $- $- $-
Total Liabilities $335.04M $166.42M $156.15M
Preferred Stock $- $- $-
Common Stock $11.00K $10.00K $4.00K
Retained Earnings $-363.96M $-187.31M $-21.13M
Accumulated Other Comprehensive Income Loss $8.79M $-1.95M $-
Other Total Stockholders Equity $615.45M $576.89M $45.89M
Total Stockholders Equity $260.29M $387.64M $24.77M
Total Equity $260.29M $387.64M $24.77M
Total Liabilities and Stockholders Equity $595.33M $554.06M $180.92M
Minority Interest $- $- $-
Total Liabilities and Total Equity $595.33M $554.06M $180.92M
Total Investments $5.00M $5.00M $100.05M
Total Debt $291.15M $136.35M $149.55M
Net Debt $236.82M $-14.41M $127.64M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$0.00$0.00-$80.00M-$80.00M-$160.00M-$160.00M-$240.00M-$240.00M-$320.00M-$320.00M20212021Mar '21Mar '21May '21May '21Jul '21Jul '21Sep '21Sep '21Nov '21Nov '2120222022Mar '22Mar '22May '22May '22Jul '22Jul '22Sep '22Sep '22Nov '22Nov '2220232023
Financing Cash Flow$600.00M$600.00M$500.00M$500.00M$400.00M$400.00M$300.00M$300.00M$200.00M$200.00M$100.00M$100.00M$0.00$0.0020212021Mar '21Mar '21Jun '21Jun '21Aug '21Aug '21Nov '21Nov '21Feb '22Feb '22May '22May '22Aug '22Aug '22Nov '22Nov '22
Breakdown December 31, 2022 December 31, 2021 December 31, 2020
Net Income $-176.65M $-166.19M $-17.45M
Depreciation and Amortization $16.35M $10.79M $176.00K
Deferred Income Tax $2.51M $989.00K $9.00K
Stock Based Compensation $26.92M $40.91M $154.00K
Change in Working Capital $-5.94M $-16.28M $2.93M
Accounts Receivables $-1.21M $-1.32M $-
Inventory $-13.08M $-1.61M $-2.96M
Accounts Payables $1.81M $402.00K $1.18M
Other Working Capital $6.54M $-13.76M $4.71M
Other Non Cash Items $50.68M $25.85M $1.03M
Net Cash Provided by Operating Activities $-86.13M $-103.92M $-13.15M
Investments in Property Plant and Equipment $-180.74M $-300.65M $-35.68M
Acquisitions Net $- $-14.76M $-
Purchases of Investments $- $- $-
Sales Maturities of Investments $- $- $-
Other Investing Activities $1.06M $- $-
Net Cash Used for Investing Activities $-179.68M $-315.41M $-35.68M
Debt Repayment $- $- $-
Common Stock Issued $12.20M $1.01M $32.95M
Common Stock Repurchased $- $- $-
Dividends Paid $- $- $-
Other Financing Activities $168.03M $573.73M $64.71M
Net Cash Used Provided by Financing Activities $168.03M $573.73M $64.71M
Effect of Forex Changes on Cash $-24.20M $-25.55M $-
Net Change in Cash $-121.98M $128.85M $15.88M
Cash at End of Period $54.33M $150.75M $21.91M
Cash at Beginning of Period $176.31M $21.91M $6.03M
Operating Cash Flow $-86.13M $-103.92M $-13.15M
Capital Expenditure $-180.74M $-300.65M $-35.68M
Free Cash Flow $-266.87M $-404.58M $-48.83M