Bright Mountain Media, Inc. financial data

Symbol
BMTM on OTC
Industry
Services-Computer Programming Services
Location
6400 Congress Ave., Suite 2050, Boca Raton, FL
State of incorporation
Florida
Fiscal year end
December 31
Former names
Bright Mountain Acquisition Corp (to 12/9/2015), Bright Mountain Holdings, Inc./FL (to 7/28/2014)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 61.6 % +61.6%
Debt-to-equity -187 % +42.7%
Return On Equity 73.1 % -17.5%
Return On Assets -84.4 % -116%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 171M shares -0.11%
Common Stock, Shares, Outstanding 171M shares -0.11%
Entity Public Float 12.7M USD +10101%
Common Stock, Value, Issued 1.73M USD +0.23%
Weighted Average Number of Shares Outstanding, Basic 171M shares +2.59%
Weighted Average Number of Shares Outstanding, Diluted 171M shares +2.59%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 55.9M USD +128%
Cost of Revenue 41.3M USD +171%
Operating Income (Loss) -24M USD -162%
Nonoperating Income (Expense) -11.7M USD -122%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -35.7M USD -147%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -35.7M USD -147%
Earnings Per Share, Basic -0.21 USD/shares -110%
Earnings Per Share, Diluted -0.21 USD/shares -110%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.65M USD -20.8%
Accounts Receivable, after Allowance for Credit Loss, Current 12.1M USD -20.7%
Assets, Current 16M USD -20.2%
Property, Plant and Equipment, Net 138K USD -35.5%
Operating Lease, Right-of-Use Asset 273K USD -19.2%
Intangible Assets, Net (Excluding Goodwill) 14.3M USD -26.7%
Goodwill 7.79M USD -62.8%
Other Assets, Noncurrent 158K USD -15.5%
Assets 39M USD -36.4%
Accounts Payable, Current 11.1M USD -0.58%
Employee-related Liabilities, Current 227K USD -64.8%
Accrued Liabilities, Current 2.84M USD -3.4%
Contract with Customer, Liability, Current 5.81M USD +19.5%
Liabilities, Current 29.2M USD +0.79%
Operating Lease, Liability, Noncurrent 202K USD -26.8%
Other Liabilities, Noncurrent 234K USD
Liabilities 95.4M USD +15.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax 334K USD +33.6%
Retained Earnings (Accumulated Deficit) -160M USD -28.7%
Stockholders' Equity Attributable to Parent -56.4M USD -167%
Liabilities and Equity 39M USD -36.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 920K USD
Net Cash Provided by (Used in) Financing Activities -4K USD -100%
Net Cash Provided by (Used in) Investing Activities -2K USD +60%
Common Stock, Shares Authorized 324M shares 0%
Common Stock, Shares, Issued 172M shares +0.2%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 920K USD +96.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 4M USD +1170%
Interest Paid, Excluding Capitalized Interest, Operating Activities 139K USD -13.7%
Deferred Tax Assets, Valuation Allowance 22.8M USD +29.6%
Deferred Tax Assets, Gross 23.5M USD +33.4%
Operating Lease, Liability 273K USD -18%
Depreciation 40K USD +471%
Payments to Acquire Property, Plant, and Equipment 2K USD -60%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -35.6M USD -151%
Lessee, Operating Lease, Liability, to be Paid 316K USD
Property, Plant and Equipment, Gross 417K USD -82.3%
Operating Lease, Liability, Current 71K USD +24.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 79K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 64K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.14 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 13K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 96K USD
Deferred Tax Assets, Operating Loss Carryforwards 20.7M USD +24.8%
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) 0 USD
Preferred Stock, Shares Authorized 20M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 78K USD
Additional Paid in Capital 102M USD +0.28%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 2.34M USD +24%
Deferred Tax Assets, Net of Valuation Allowance 696K USD +6860%
Share-based Payment Arrangement, Expense 30.1K USD -59.7%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%