MJ Holdings, Inc.
Industrials · Services-Business Services, NEC · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $362,313 | $241,870 | $822,845 | $897,696 | $8,150 | — |
| Operating income | −$3.4M | −$8.6M | −$3.8M | −$7.5M | −$4.8M | −$270,267 |
| Net income | −$5.4M | $3.5M | −$4.0M | −$8.2M | −$5.0M | −$334,788 |
| Total assets | $5.1M | $8.8M | $7.5M | $8.2M | $5.7M | $2.9M |
| Total liabilities | $4.8M | $5.1M | $8.8M | $6.1M | $2.6M | $1.1M |
| Equity | $487,021 | $3.9M | −$1.2M | $2.2M | $3.1M | $1.8M |
| EPS (diluted) | $-0.07 | $0.05 | $-0.06 | — | — | — |
| Shares out. | 71.5M | 69.6M | 65.8M | 64.6M | 63.3M | 12.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- −945.1%
- Net margin
- −1485.0%
- Return on equity
- −1104.7%
- Return on assets
- −104.9%
- Return on capital (ROCE)
- −351.9%
- Liabilities / assets
- 92.7%
- Debt / equity
- 9.77×
- Book value / share
- $0.01
- Revenue growth (YoY)
- 49.8%
- Net income growth (YoY)
- −252.4%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Altman Z″ (distress)
- -21.50distress
- Accruals / assets
- −33.6%clean
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 4 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Apr 8, 2024
- NT 10-Qmissed a reporting deadline ↗May 15, 2023
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2023
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2022
- NT 10-Qmissed a reporting deadline ↗Aug 15, 2022
- NT 10-Qmissed a reporting deadline ↗May 16, 2022
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Balaouras ParisOfficer — Chief Cultivation Officer | Aug 10, 2022 | Buy | 5,500 | $0.27 |
| Dear David C.Director | Aug 5, 2022 | Grant | 15,000 | $0.25 |
| Bloss Roger JamesOfficer — Chief Executive Officer | Aug 5, 2022 | Grant | 15,000 | $0.25 |
| Balaouras ParisOfficer — Chief Cultivation Officer | Aug 5, 2022 | Buy | 2,500 | $0.26 |
| Balaouras ParisOfficer — Chief Cultivation Officer | Jul 27, 2022 | Buy | 10,000 | $0.25 |
| Balaouras ParisOfficer — Chief Cultivation Officer | Jul 25, 2022 | Buy | 2,500 | $0.25 |
| Balaouras ParisOfficer — Chief Cultivation Officer | Mar 7, 2022 | Buy | 10,600 | $0.27 |
| Dear David C.Director | Mar 7, 2022 | Buy | 50,000 | $0.27 |
| Balaouras ParisOfficer — Chief Cultivation Officer | Dec 30, 2021 | Buy | 1,721 | $0.29 |
| Dear David C.Director | Dec 28, 2021 | Buy | 50,000 | $0.28 |
| Bloss Roger JamesOfficer — Chief Executive Officer | Dec 30, 2021 | Grant | 30,000 | $0.30 |
| Balaouras ParisOfficer — Chief Cultivation Officer | Dec 21, 2021 | Grant | 3,244 | $0.31 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Other material eventMar 27, 2024
- Director / officer change · Other material eventMar 22, 2024
- Director / officer changeOct 31, 2023
- Change in control · Director / officer changeJul 19, 2023
- Director / officer changeMar 1, 2023
- Director / officer changeNov 14, 2022
- Director / officer changeOct 27, 2022
- Director / officer changeSep 26, 2022
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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