PHOT · As filed with the SEC

Growlife balance sheet, by fiscal year

The statement as Growlife presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

CONSOLIDATED BALANCE SHEETS · USD

USD	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016	FY2015 Dec 31, 2015
ASSETS
CURRENT ASSETS:
Cash and Cash Equivalents	—	—	383,144	40,834	2,334,377	69,191	103,070	60,362
Cash and Cash Equivalents	—	363,863	—	—	—	—	—	—
Accounts Receivable	—	366,789	960,522	101,806	42,254	—	—	—
Other Non-Operating Current Assets	—	161,000	—	—	—	—	—	—
Inventory	—	1,299,560	570,524	600,674	792,664	465,678	418,453	398,439
Other Non-Operating Current Assets	—	—	—	—	—	—	—	0
Prepaid Expenses	—	—	—	0	3,418	—	—	—
Other Current Assets	—	18,995	18,995	18,995	51,916	24,308	11,163	16,754
Cash and Cash Equivalents	94,208	—	—	—	—	—	—	—
Other Current Assets	160,000	—	—	—	—	—	—	—
Assets Held for Sale	0	—	—	—	—	—	—	—
Total current assets	254,208	2,210,207	1,933,185	762,309	3,224,629	559,177	532,686	475,555
Property, Plant and Equipment	—	249,906	129,330	166,482	712,866	302,689	1,890	10,327
Intangible Assets	—	—	1,130,718	1,802,434	3,280,453	—	0	243,604
Intangible Assets	—	459,002	—	—	—	—	—	—
Goodwill	—	781,749	781,749	781,749	—	—	0	739,000
Operating Lease Right-of-Use Asset	—	407,166	380,247	537,522	—	—	—	—
Other Non-Operating Current Assets	0	—	—	—	—	—	—	—
TOTAL ASSETS	254,208	4,108,030	4,355,229	4,050,496	7,217,948	861,866	534,576	1,468,486
LIABILITIES AND STOCKHOLDERS' (DEFICIT)
CURRENT LIABILITIES:
Accounts Payable	850,619	1,146,344	1,146,195	1,157,090	1,054,371	821,398	1,529,919	1,272,572
Accounts Payable	—	—	—	—	—	0	10,952	71,920
Other Current Liabilities	209,768	219,398	2,592,251	259,093	261,954	133,988	132,656	121,765
Accrued expenses - related parties	—	—	37,394	31,485	73,585	37,776	19,605	53,287
Short-Term Debt	—	—	390,035	—	—	—	—	—
Accrued Compensation and Benefits	—	0	—	—	—	—	—	—
Short-Term Debt	—	1,034,994	—	—	—	—	—	—
Long-Term Debt	—	137,728	—	—	—	—	—	—
Notes payable- PPP/EIDL loans	716,252	—	—	—	—	—	—	—
Long-Term Debt	1,877,896	—	—	—	—	—	—	—
Convertible notes payable, net	2,323,516	—	—	—	—	—	—	—
Other Non-Operating Current Liabilities	2,686,892	1,698,272	1,101,436	1,300,915	1,795,473	2,660,167	2,701,559	1,377,175
Convertible Notes Payable, Net	—	2,583,816	2,495,153	2,884,279	3,404,133	3,015,021	2,798,800	2,287,868
Short-Term Debt	—	0	49,144	104,144	100,020	—	—	—
Short-Term Debt	—	—	—	0	8,534	—	—	—
Other Current Liabilities	—	—	—	0	89,504	10,000	47,995	25,000
Other Non-Operating Current Liabilities	—	1,026,000	1,026,000	1,026,000	—	—	—	—
Acquisition of EZ-CLONE Enterprises, Inc. payable in common stock	—	—	1,105,000	—	—	—	—	—
Acquisition Of Ez-clone Enterprises, Inc. Payable In Common Stock	—	1,105,000	—	—	—	—	—	—
Operating Lease Liability, Current	—	197,915	140,772	140,772	—	—	—	—
Accrued Income Taxes	—	—	343,125	—	—	—	—	—
Accrued Income Taxes	—	556,952	—	—	—	—	—	—
Other Non-Operating Current Liabilities	0	—	—	—	—	—	—	—
Total current liabilities	8,664,942	9,706,419	10,426,505	6,903,778	6,787,574	6,678,350	7,241,486	5,209,587
Long-Term Debt	—	—	—	—	—	—	0	0
Deferred Tax Liabilities, Current	—	106,000	352,649	470,200	—	—	—	—
Long-Term Debt	—	0	485,679	—	—	—	—	—
Other Non-Operating Non-Current Liabilities	—	—	0	900,000	—	—	—	—
Operating Lease Liability, Non-Current	—	229,222	264,868	410,734	—	—	—	—
LONG TERM LIABILITIES:
Other Non-Operating Non-Current Liabilities	0	—	—	—	—	—	—	—
Total long term liabilities	0	335,222	1,103,196	1,780,934	—	—	—	—
Commitments And Contingencies	—	0	—	—	—	—	0	2,000,000
Contingently redeemable common stock- 0 and 15,000,000 shares issued and outstanding at 9/30/2016 and 12/31/2015, respectively	—	—	—	—	—	—	0	300,000
STOCKHOLDERS' DEFICIT
Preferred Stock	—	0	0	0	0	0	0	0
Series B Preferred Stock	—	—	—	—	—	0	0	15
Series C Preferred Stock	—	—	—	—	—	0	0	0
Series A Preferred Stock	0	—	—	—	—	—	—	—
Total Stockholders' Equity	708	395,198	388,587	386,269	343,749	236,752	165,600	89,098
Additional Paid-In Capital	156,385,473	153,985,229	147,278,311	143,441,047	139,331,067	123,678,069	117,537,822	110,585,434
Retained Earnings	(164,796,915)	(160,314,038)	(154,841,370)	(148,461,532)	(141,176,087)	(129,731,305)	(124,410,332)	(116,715,648)
Total stockholders' deficit	(8,410,734)	(5,933,611)	(7,174,472)	(4,634,216)	(1,501,271)	(5,816,484)	(6,706,910)	(6,041,101)
Series B Preferred Stock	—	—	—	—	—	0	0	15
Series C Preferred Stock	—	—	—	—	—	0	0	0
Noncontrolling Interest	—	—	—	0	1,931,645	—	—	—
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	254,208	4,108,030	4,355,229	4,050,496	7,217,948	861,866	534,576	1,468,486

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.