Marathon Patent Group, Inc. company info

CIK 1507605
IRS Number 010949984
State of incorporation NV
Business address 11100 SANTA MONICA BLVD., STE. 380
None
LOS ANGELES
CA
90025
Mail address 11100 SANTA MONICA BLVD., STE. 380
None
LOS ANGELES
CA
90025

Short summary

Marathon Patent Group, Inc. is a California company, with head office located at 11100 Santa Monica Blvd., Ste. 380 Los Angeles, California 90025. In 2017 the company owned a total of 12.40 million USD worth of assets, including 5.62 million USD worth of current assets and 6.78 million USD worth of non-current assets. 2014 was the year when the company amassed the most assets.

Marathon Patent Group, Inc. Income Statement

Name [in Millions USD]200920102011201220132014201520162017Trends
Operating Expenses 0.035.547.0927.6144.6652.2114.70
Operating Income (Loss) -0.03-5.54-3.68-6.21-25.68-15.58-14.18
Interest expense 0.000.000.544.253.141.31
Other Nonoperating Income (Expense) -0.050.17-0.06-3.17
Income Tax Expense (Benefit) -4.91-8.1611.52-0.10
Net income -0.03-6.93-3.45-3.15-16.94-28.67-31.33

Marathon Patent Group, Inc. Balance Sheet

Name [in Millions USD]200920102011201220132014201520162017Trends
Cash and cash equivalents 00.020.006.505.562.601.105.37
Available-for-sale Securities, Current 0.020.010.01
Accounts Receivable, Net, Current 0.250.080.220.130.12
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 0.040.090.130.37
Goodwill 2.142.234.564.450.22
Intangible Assets, Net (Excluding Goodwill) 46.6023.4911.367.59
Other Assets, Noncurrent 0.200.20
Total assets 0.023.8011.7529.0065.5946.9414.1012.40
Current assets 3.547.097.234.119.852.315.62
Non-current assets 0.254.6621.7751.8037.0911.806.78
Accounts payable 00.00
Total current liabilities 0.096.2323.5714.9411.003.97
Long-term Debt, Excluding Current Maturities 11.50
Long-term Debt 17.121.61
Deferred Revenue, Noncurrent 11.23
Deferred income taxes 1.820.790.44
Total liabilities 0.000.140.420.7947.7528.9525.153.97
Common Stock, Value, Issued 0.010.000.000.000.000.000.000.00
Retained Earnings (Accumulated Deficit) -0.00-4.667.64-9.81-21.62-25.26-63.75-91.68
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.11-0.11-0.39-1.17-0.93-0.45

Marathon Patent Group, Inc. Cash Flow

Name [in Millions USD]200920102011201220132014201520162017Trends
Net income -0.03-6.93-3.45-3.15-16.94-28.67-31.33
Depreciation and amortization 1.045.5310.83
Depreciation 0.000.010.010.000.03
Amortization of Intangible Assets 0.011.045.5210.837.451.82
Depreciation and amortization 0.011.04
Deferred Income Tax Expense (Benefit) -4.95-8.1811.36-0.06
Accounts receivable 0.27-0.110.30-0.03-0.09
Net Cash Provided by (Used in) Operating Activities -0.03-1.26-1.524.46-2.9610.17-1.07
Payments to Acquire Property, Plant, and Equipment -0.020.050.060.010.01
Payments to Acquire Intangible Assets 7.823.68
Net Cash Provided by (Used in) Investing Activities -1.86-3.00-3.69-0.01
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -7.87-0.06-3.69
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.612.201.821.98
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.612.201.821.98
Proceeds from Issuance of Common Stock 6.515.784.65
Net Cash Provided by (Used in) Financing Activities 0.015.355.78-4.0120.45
Cash and Cash Equivalents, Period Increase (Decrease) 2.449.95