Greenwave Technology Solutions (GWAV) Financial Statements
Price: $0.2369
Market Cap: $14.40M
Avg Volume: 3.67M
Market Cap: $14.40M
Avg Volume: 3.67M
Country: US
Industry: Waste Management
Sector: Industrials
Industry: Waste Management
Sector: Industrials
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 Greenwave Technology Solutions.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $35.67M | $33.98M | $8.10M | $6.96K | $23.70K | $19.60K | $319.24K | $701.58K | $213.96K | $9.03K |
| Cost of Revenue | $21.18M | $21.54M | $5.24M | $1.28K | $3.53K | $994 | $630 | $180.43K | $57.61K | $690 |
| Gross Profit | $14.48M | $12.44M | $2.86M | $5.68K | $20.17K | $18.60K | $318.61K | $521.15K | $156.35K | $8.34K |
| Gross Profit Ratio | 40.60% | 36.61% | 35.30% | 81.58% | 85.11% | 94.93% | 99.80% | 74.28% | 73.07% | 92.36% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $14.65M | $13.30M | $4.35M | $1.11M | $2.84M | $11.09M | $30.38M | $13.14M | $5.56M | $1.43M |
| Selling and Marketing Expenses | $414.19K | $83.99K | $33.59K | $58.96K | $29.76K | $501.45K | $960.24K | $985.34K | $717.77K | $180.78K |
| Selling General and Administrative Expenses | $15.07M | $13.38M | $4.38M | $1.17M | $2.87M | $11.59M | $31.34M | $14.12M | $6.28M | $1.43M |
| Other Expenses | $18.93M | $9.94M | $1.40M | $162.11M | $38.55K | $1.71M | $1.99M | $9.49T | $- | $1.80K |
| Operating Expenses | $31.10M | $23.32M | $5.79M | $1.17M | $2.91M | $13.30M | $33.33M | $14.12M | $6.28M | $1.43M |
| Cost and Expenses | $55.18M | $44.86M | $11.03M | $1.17M | $2.91M | $13.30M | $33.33M | $14.30M | $6.34M | $1.43M |
| Interest Income | $- | $34.08M | $10.56M | $5.14M | $4.94M | $- | $- | $- | $- | $- |
| Interest Expense | $8.90M | $34.08M | $10.56M | $5.14M | $4.94M | $1.97M | $659.77K | $3.85M | $4.38K | $8.32K |
| Depreciation and Amortization | $7.46M | $6.45M | $1.28M | $6.73K | $45.28K | $443.06K | $416.25K | $19.45K | $10.17K | $1.80K |
| EBITDA | $-10.58M | $5.49M | $10.21M | $-9.57M | $-29.29M | $-13.60M | $-43.31M | $-14.16M | $-8.35M | $-2.36M |
| EBITDA Ratio | -29.67% | 16.00% | 2229.15% | 2311100.00% | -38106.83% | -65493.39% | -10208.78% | -1936.05% | -2857.94% | -15761.09% |
| Operating Income | $-19.51M | $-10.88M | $179.23M | $-1.16M | $-2.89M | $-13.88M | $-36.80M | $-13.60M | $-6.13M | $-1.61M |
| Operating Income Ratio | -54.71% | -32.03% | 2213.29% | -16660.12% | -12186.73% | -70850.21% | -11528.55% | -1938.82% | -2862.69% | -17798.70% |
| Total Other Income Expenses Net | $-7.42M | $-24.16M | $1.30M | $-13.55M | $-31.38M | $-2.13M | $-7.59M | $-4.43M | $-2.35M | $-828.92K |
| Income Before Tax | $-26.94M | $-35.04M | $-1.63M | $-14.71M | $-34.27M | $-16.02M | $-44.39M | $-18.03M | $-8.47M | $-2.44M |
| Income Before Tax Ratio | -75.52% | -103.13% | -20.16% | -211235.78% | -144576.26% | -81729.05% | -13904.68% | -2569.93% | -3959.98% | -26978.32% |
| Income Tax Expense | $- | $28.82M | $192.72M | $5.14M | $-1.25M | $1.20M | $659.77K | $3.85M | $4.38K | $8.32K |
| Net Income | $-26.94M | $-63.86M | $-194.35M | $-19.85M | $-33.02M | $-16.02M | $-44.39M | $-18.03M | $-8.47M | $-2.44M |
| Net Income Ratio | -75.52% | -187.94% | -2400.02% | -285034.19% | -139287.26% | -81729.05% | -13904.68% | -2569.93% | -3959.98% | -26978.32% |
| EPS | $-385.81 | $-1456.51 | $-3780.63 | $-640.03 | $-2575.70 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS Diluted | $-385.81 | $-1456.35 | $-3555.64 | $-640.03 | $-2575.70 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Weighted Average Shares Outstanding | 87.08K | 43.84K | 51.41K | 31.01K | 12.82K | - | - | - | - | - |
| Weighted Average Shares Outstanding Diluted | 87.08K | 43.85K | 54.66K | 31.01K | 12.82K | - | - | - | - | - |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.55M | $821.80K | $2.96M | $1.49K | $1.12K | $29.57K | $1.20M | $374.49K | $386.32K | $141.93K |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $1.55M | $821.80K | $2.96M | $1.49K | $1.12K | $29.57K | $1.20M | $374.49K | $386.32K | $141.93K |
| Net Receivables | $646.41K | $215.26K | $- | $- | $- | $- | $- | $3.31K | $39.50K | $11.20K |
| Inventory | $200.43K | $189.65K | $381.00K | $- | $- | $- | $- | $-0 | $- | $- |
| Other Current Assets | $296.76K | $12.84K | $- | $194.26K | $1.98K | $28.00K | $33.11K | $- | $12.94K | $130.80K |
| Total Current Assets | $2.69M | $1.24M | $3.34M | $98.62K | $3.10K | $43.57K | $1.22M | $377.80K | $438.75K | $283.93K |
| Property Plant Equipment Net | $23.80M | $17.37M | $6.53M | $- | $- | $6.73K | $55.15K | $77.32K | $73.00K | $14.16K |
| Goodwill | $- | $- | $2.50M | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $19.89M | $22.85M | $25.81M | $- | $- | $234.86K | $863.94K | $- | $- | $- |
| Goodwill and Intangible Assets | $19.89M | $22.85M | $28.31M | $- | $- | $234.86K | $863.94K | $- | $- | $- |
| Long Term Investments | $- | $- | $- | $- | $- | $247.91K | $403.25K | $235.00K | $175.00K | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $31.89K | $6.89K | $3.59K | $- | $- | $36.00K | $33.50K | $33.50K | $33.52K | $68.44K |
| Total Non-Current Assets | $43.72M | $40.23M | $34.84M | $- | $- | $525.51K | $1.36M | $345.82K | $281.52K | $82.60K |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $46.41M | $41.47M | $38.18M | $98.62K | $3.10K | $569.08K | $2.57M | $723.62K | $720.28K | $366.53K |
| Account Payables | $1.88M | $1.55M | $623.56K | $1.11M | $5.46M | $959.67K | $1.26M | $382.55K | $110.00K | $25.84K |
| Short Term Debt | $11.01M | $7.77M | $8.50M | $3.35M | $7.12M | $2.50M | $796.99K | $- | $- | $- |
| Tax Payables | $4.09M | $3.95M | $4.00M | $- | $- | $- | $- | $- | $- | $1.78K |
| Deferred Revenue | $- | $25.00K | $25.00K | $3.95M | $337.50K | $958.65K | $800.39K | $27.01K | $- | $- |
| Other Current Liabilities | $6.29M | $12.11M | $46.32M | $33.26M | $24.30M | $2.99M | $11.89M | $1.30M | $84.36K | $1.12M |
| Total Current Liabilities | $23.27M | $19.01M | $59.47M | $37.72M | $36.87M | $7.41M | $13.95M | $1.71M | $194.44K | $1.15M |
| Long Term Debt | $27.60M | $7.23M | $2.06M | $110.00K | $- | $- | $- | $108.10K | $209.10K | $162.08K |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $-116.26K | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $27.60M | $7.12M | $2.06M | $110.00K | $- | $4.41M | $2.86M | $108.10K | $209.10K | $162.08K |
| Other Liabilities | $- | $- | $- | $- | $- | $-4.41M | $-2.86M | $- | $- | $- |
| Total Liabilities | $50.87M | $26.13M | $61.53M | $37.83M | $36.87M | $7.41M | $13.95M | $1.82M | $403.54K | $1.31M |
| Preferred Stock | $- | $- | $1 | $2 | $1 | $- | $- | $- | $- | $1 |
| Common Stock | $16.96K | $10.96K | $3.33K | $493.73K | $384.27K | $168.71K | $112.17K | $73.65K | $52.51K | $39.96K |
| Retained Earnings | $-395.87M | $-362.27M | $-298.41M | $-301.19M | $-189.56M | $-80.78M | $-74.25M | $-29.86M | $-11.83M | $-3.36M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $8 | $-20.07M | $944.66K | $80 | $12.57K | $1.74K | $5.57K | $1.05K |
| Other Total Stockholders Equity | $391.40M | $377.60M | $275.06M | $302.60M | $152.31M | $73.77M | $62.76M | $28.70M | $12.09M | $2.37M |
| Total Stockholders Equity | $-4.45M | $15.34M | $-23.35M | $-37.73M | $-36.87M | $-6.84M | $-11.38M | $-1.10M | $316.74K | $-946.80K |
| Total Equity | $-4.45M | $15.34M | $-23.35M | $-37.73M | $-36.87M | $-6.84M | $-11.38M | $-1.10M | $316.74K | $-946.80K |
| Total Liabilities and Stockholders Equity | $46.41M | $41.47M | $38.18M | $98.62K | $3.10K | $569.08K | $2.57M | $723.62K | $720.28K | $366.53K |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $46.41M | $41.47M | $38.18M | $98.62K | $3.10K | $569.08K | $2.57M | $723.62K | $720.28K | $366.53K |
| Total Investments | $- | $- | $- | $- | $- | $247.91K | $403.25K | $235.00K | $175.00K | $- |
| Total Debt | $38.61M | $16.81M | $10.46M | $3.46M | $7.12M | $2.50M | $796.99K | $108.10K | $209.10K | $162.08K |
| Net Debt | $37.06M | $15.98M | $7.50M | $3.45M | $7.12M | $2.47M | $-404.60K | $-266.39K | $-177.22K | $20.16K |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-26.94M | $-35.04M | $-1.63M | $-14.71M | $-34.27M | $-16.02M | $-44.39M | $-18.03M | $-8.47M | $-2.44M |
| Depreciation and Amortization | $7.46M | $3.27M | $1.28M | $5.14M | $45.28K | $443.06K | $416.25K | $19.45K | $10.17K | $1.80K |
| Deferred Income Tax | $- | $- | $-11.47M | $- | $20.32M | $814.92K | $1.60M | $1.55M | $- | $- |
| Stock Based Compensation | $171.24K | $- | $166.85K | $- | $222.70K | $5.65M | $22.11M | $7.38M | $2.72M | $645.73K |
| Change in Working Capital | $914.91K | $3.57M | $-782.38K | $122.37K | $976.91K | $807.73K | $836.82K | $286.60K | $263.02K | $789.98K |
| Accounts Receivables | $-431.15K | $-215.26K | $232.11K | $- | $- | $- | $6.89K | $36.19K | $-28.30K | $-11.20K |
| Inventory | $-10.78K | $191.36K | $-381.00K | $- | $- | $- | $-19.80K | $12.94K | $- | $- |
| Accounts Payables | $-856.15K | $1.70M | $-609.68K | $77.52K | $557.36K | $-298.12K | $876.74K | $210.46K | $112.91K | $50.56K |
| Other Working Capital | $2.21M | $1.90M | $-23.81K | $44.85K | $419.55K | $1.11M | $-27.01K | $27.01K | $150.12K | $739.42K |
| Other Non Cash Items | $16.56M | $25.59M | $9.94M | $8.41M | $10.91M | $1.87M | $11.43M | $2.61M | $5.07M | $721.41K |
| Net Cash Provided by Operating Activities | $-1.83M | $-2.61M | $-2.49M | $-1.04M | $-1.80M | $-6.42M | $-8.00M | $-6.18M | $-3.13M | $-922.96K |
| Investments in Property Plant and Equipment | $-1.76M | $-5.94M | $-218.69K | $- | $- | $-264.56K | $-57.53K | $-23.75K | $-69.03K | $-14.67K |
| Acquisitions Net | $- | $- | $141.03K | $- | $90.98K | $- | $-129.30K | $-60.00K | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $-78.00K | $-60.00K | $-175.00K | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $90.98K | $- | $250.00K | $- | $- | $- |
| Other Investing Activities | $82.77K | $- | $- | $- | $-90.98K | $-260.56K | $-300.00K | $-23.75K | $-175.00K | $-14.67K |
| Net Cash Used for Investing Activities | $-1.68M | $-5.94M | $-77.67K | $- | $90.98K | $-264.56K | $-314.83K | $-83.75K | $-244.03K | $-14.67K |
| Debt Repayment | $10.20M | $2.28M | $20.92M | $716.52K | $692.35K | $1.41M | $932.99K | $95.97K | $- | $269.10K |
| Common Stock Issued | $2.84M | $1 | $- | $37.16K | $1.41M | $3.30M | $2.68M | $5.00M | $3.08M | $729.90K |
| Common Stock Repurchased | $- | $0 | $-26.00K | $95.80M | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $-95.84M | $- | $- | $- | $- | $- | $-4.54K |
| Other Financing Activities | $-8.81M | $4.13M | $-15.37M | $321.69K | $-422.05K | $805.88K | $5.53M | $1.16M | $542.09K | $4.61K |
| Net Cash Used Provided by Financing Activities | $4.24M | $6.41M | $5.52M | $1.04M | $1.68M | $5.52M | $9.14M | $6.25M | $3.62M | $999.07K |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $724.36K | $-2.14M | $2.96M | $365 | $-28.45K | $-1.17M | $827.10K | $-11.83K | $244.39K | $61.45K |
| Cash at End of Period | $1.55M | $821.80K | $2.96M | $1.49K | $1.12K | $29.57K | $1.20M | $374.49K | $386.32K | $141.93K |
| Cash at Beginning of Period | $821.80K | $2.96M | $1.49K | $1.12K | $29.57K | $1.20M | $374.49K | $386.32K | $141.93K | $80.48K |
| Operating Cash Flow | $-1.83M | $-2.61M | $-2.49M | $-1.04M | $-1.80M | $-6.42M | $-8.00M | $-6.18M | $-3.13M | $-922.96K |
| Capital Expenditure | $-1.76M | $-5.94M | $-218.69K | $- | $- | $-264.56K | $-57.53K | $-23.75K | $-69.03K | $-14.67K |
| Free Cash Flow | $-3.59M | $-8.55M | $-2.71M | $-1.04M | $-1.80M | $-6.69M | $-8.05M | $-6.21M | $-3.20M | $-937.62K |