Company profile

Ticker
MARA
Exchange
CEO
Merrick D. Okamoto
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
American Strategic Minerals Corp, Verve Ventures Inc
SEC CIK
IRS number
10949984

MARA stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

14 May 20
7 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 592.49K 277.05K 321.72K 355.77K
Net income -1.06M -1.15M -754.41K -565.88K
Diluted EPS
Net profit margin -179% -416% -234% -159%
Operating income -1.09M -1.71M -807.86K -740.6K
Net change in cash -218.42K -650.02K -345.44K -276.06K
Cash on hand 474.55K 692.96K 1.34M 1.69M
Cost of revenue 1.15M 996.14K 478.81K 498.59K
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 1.19M 1.56M 519.62K 36.63M
Net income -3.52M -12.81M -31.33M -28.83M
Diluted EPS -1.89
Net profit margin -297% -820% -6030% -78.70%
Operating income -4.24M -12.08M -14.18M -15.58M
Net change in cash -1.86M -12.4M 9.95M 2.44M
Cash on hand 692.96K 2.55M 14.95M 5M
Cost of revenue 2.48M 3.35M 3.47M 26.52M

Financial data from company earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
22 Nov 19 Okamoto Merrick D Common Stock Buy Aquire P No 0.9894 25,000 24.74K 53,875
30 Aug 19 Okamoto Merrick D Common Stock Buy Aquire P No 1.5613 5,000 7.81K 28,875
29 Aug 19 Okamoto Merrick D Common Stock Buy Aquire P No 1.606 2,000 3.21K 23,875
12 Aug 19 Michael Carroll Berg Employee Stock Option Common Grant Aquire A No 2.04 50,000 102K 100,000
12 Aug 19 James Crawford Employee Stock Option Common Grant Aquire A No 2.04 25,000 51K 125,000
12 Oct 18 Okamoto Merrick D Employee Stock Option Common Grant Aquire A No 0.58 5,000,000 2.9M 5,000,000
12 Oct 18 Okamoto Merrick D Employee Stock Option Common Grant Aquire A No 0.58 5,000,000 2.9M 5,000,000
12 Oct 18 Okamoto Merrick D Employee Stock Option Common Grant Aquire A No 0.58 5,000,000 2.9M 5,000,000
13F holders
Current Prev Q Change
Total holders 0 0
Opened positions 0 0
Closed positions 0 0
Increased positions 0 0
Reduced positions 0 0
13F shares
Current Prev Q Change
Total value 0 0
Total shares 0 0
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Largest transactions
Shares Bought/sold Change

Financial report summary

?
Management Discussion
  • We generated revenues of $592,487 during the three months ended March 31, 2020 as compared to $230,694 during the three months ended March 31, 2019. For the three months ended March 31, 2020, this represented an increase of $361,793 or 157% over the same period in 2019. Revenue for the three months ended March 31, 2020 and 2019 were derived primarily from cryptocurrency mining.
  • Direct cost of revenues during the three months ended March 31, 2020 amounted to $1,153,241 and for the three months ended March 31, 2019, the direct cost of revenues amounted to $508,640. For the three months ended March 31, 2020, this represented an increase of $644,601 or 127% over the same period in 2019. Direct costs of revenue include depreciation and amortization expenses of the cryptocurrency mining machines and patents, contingent payments to patent enforcement legal costs, patent enforcement advisors and inventors as well as various non-contingent costs associated with enforcing the Company’s patent rights and otherwise in developing and entering into settlement and licensing agreements that generate the Company’s revenue.
  • We incurred other operating expenses of $531,048 for the three months March 31, 2020 and $706,963 for the three months ended March 31, 2019. For the three months ended March 31, 2020, this represented a decrease of $175,915 or 25% over 2019. These expenses primarily consisted of compensation to our officers, directors and employees, professional fees and consulting incurred in connection with the day-to-day operation of our business.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: Addendum, advance, algorithm, arrival, ASIC, award, bringing, calendar, categorized, Colocation, combat, consecutive, Contract, COVID, cut, David, delivery, depending, distancing, duration, energy, floor, geographical, half, halving, Hashrate, HC, Health, hosting, imposition, inflation, install, Lieberman, markedly, maximum, Merrick, MicroBT, Okamoto, Organization, outbreak, pandemic, partner, pause, predetermined, predict, private, Pro, quarterly, recovery, replace, request, rest, restricted, reward, sector, SelectGreen, Seller, simplify, Simplifying, situation, social, solving, spread, strain, supply, transmission, ultimate, unable, unknown, unprecedented, unpredictable, world, worldwide
Removed: account, add, applied, apply, approach, borrowing, calculating, canceling, carryforward, classification, combine, combined, commencing, comparability, complexity, COMPREHENSIVE, decreased, determination, discounting, Distinguishing, earliest, effectively, embedded, employment, existence, expand, expanding, expire, extension, fee, goodwill, Hedging, implicit, initial, instrument, license, method, modified, negotiation, Nonemployee, open, optional, package, practical, recognizing, retrospective, round, strike, Targeted, technical, termination, transition, transparency, Variable