VFRM Financials: Veritas Farms Inc AI Analysis

Q: What are Veritas Farms Inc's key financial statements?

According to the latest financial statement (Form-10K), Veritas Farms Inc has a total asset of $6, Net loss of $-5

Q: What are the key financial ratios for VFRM?

Veritas Farms Inc's Current ratio is 0.85, has a Net margin is -500, sales per share of $0.02.

Q: How is Veritas Farms Inc's revenue broken down by segment or geography?

Currently Veritas Farms Inc data is not available.

Q: Is Veritas Farms Inc profitable?

no, according to the latest financial statements, Veritas Farms Inc has a net loss of $-5

Q: Does Veritas Farms Inc have any liabilities?

yes, Veritas Farms Inc has liability of 7

Q: How many outstanding shares for Veritas Farms Inc?

Veritas Farms Inc has a total outstanding shares of 41.62

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VFRM Financial

Veritas Farms Inc

At close: Mar 06, 16:00:00 GMT-5

Pre-market: Mar 09, 04:42:56 GMT-4

Overview Forecast Earnings Dividends Financials

Income

Balance sheet

Cash flow

Annual

Quarterly

VFRM Income

Financials in millions USD. Fiscal year is February - January.

Breakdown	TTM	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	0	1	2	6	7	2
Revenue Growth (YoY)	-100%	-50%	-67%	-14%	250%	100%
Cost of Revenue	2	2	4	3	3	1
Gross Profit	-1	-1	-1	2	3	0
Selling, General & Admin	3	4	6	10	14	5
Research & Development	--	--	--	--	--	--
Operating Expenses	3	4	6	10	14	5
Other Non Operating Income (Expenses)	--	--	--	--	--	--
Pretax Income	-5	-5	-7	-7	-11	-3
Income Tax Expense	0	0	0	0	0	0
Net Income	-6	-5	-7	-7	-11	-3
Net Income Growth	0%	-28.99%	0%	-36%	267%	50%
Shares Outstanding (Diluted)	89.46	41.62	43.37	42.58	34.71	19.74
Shares Change (YoY)	114.99%	-4%	2%	23%	76%	35%
EPS (Diluted)	-0.06	-0.13	-0.16	-0.17	-0.32	-0.19
EPS Growth	-64%	-20%	-6%	-44%	65%	16%
Free Cash Flow	-1	-3	-4	-3	-13	-4
Free Cash Flow Per Share	--	--	--	--	--	--
Gross Margin	0%	-100%	-50%	33.33%	42.85%	0%
Operating Margin	0%	-500%	-350%	-116.66%	-157.14%	-200%
Profit Margin	0%	-500%	-350%	-116.66%	-157.14%	-150%
Free Cash Flow Margin	0%	-300%	-200%	-50%	-185.71%	-200%
EBITDA	-4	-5	-7	-7	-11	-4
EBITDA Margin	0%	-500%	-350%	-116.66%	-157.14%	-200%
D&A For EBITDA	0	0	0	0	0	0
EBIT	-4	-5	-7	-7	-11	-4
EBIT Margin	0%	-500%	-350%	-116.66%	-157.14%	-200%
Effective Tax Rate	0%	0%	0%	0%	0%	0%

Follow-Up Questions

What are Veritas Farms Inc's key financial statements?

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What are the key financial ratios for VFRM?

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How is Veritas Farms Inc's revenue broken down by segment or geography?

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Is Veritas Farms Inc profitable?

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Does Veritas Farms Inc have any liabilities?

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How many outstanding shares for Veritas Farms Inc?

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Key Stats

Prev.Close

$0.0001

Open

$0.0001

Day's Range

$0.0001 - $0.0001

52 week range

$0.0001 - $0.06

Volume

375

Avg.Volume

2.9K

EPS (TTM)

-0.12

Dividend yield

Market Cap

$16.3K

What is VFRM?

Veritas Farms, Inc. engages in the production, marketing, and distribution of whole plant, full spectrum hemp oils, and extracts containing naturally occurring phytocannabinoids. The company is headquartered in Dania Beach, Florida and currently employs 17 full-time employees. The company went IPO on 2016-10-20. The firm is focused on the production of full spectrum hemp extracts with naturally occurring cannabinoids located in Pueblo, Colorado. Its products include CBD Melatonin Gummies for Sleep (with CBN), Peaceful Mind De-Stress CBD Gummies, CBD Oil for Sleep Support (with CBN), Full Spectrum CBD Oil for Calm, Calming CBD Chews for Dogs, and others. Its full spectrum hemp is grown on its 140-acre farm under the pure air of the southern Rocky Mountains in Pueblo, Colorado.

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