CV Sciences Inc (CVSI)

[Gladys Thong]

CVSciences vs Charlotte's Web As Requested


CV Sciences' 2021 Q3 Report

Charlotte's Web's 2021 Q3 Report

From 12/31/2019 through 09/30/21 :

CV Sciences' SHAREHOLDERS' EQUITY DECREASED from $29.1M to $11.1M.

Charlotte's Web's SHAREHOLDERS' EQUITY INCREASED from $222.9M to $286.6M.

COMPARING REVENUES AND CASH:

 
         CV Sciences           Charlotte's Web 
      REVENUES   CASH          REVENUES   CASH 
       ( $M )   ( $M )          ( $M )   ( $M ) 
  
 2018 
      
 Q2     12.3      3.3            17.2     10.8 
 Q3     13.6     11.0            17.7     79.4 <--IPO 
 Q4     14.2     12.7            21.5     73.4 
  
 2019 
  
 Q1     14.9     13.6            21.7     69.1 
 Q2     16.9     15.7            25.0     51.4 
 Q3     12.6     14.2            25.1     35.0  
 Q4      9.4      9.6            22.8     68.6 
  
 2020 
  
 Q1      8.3      7.6            21.5     53.0 
 Q2      5.4      8.1 *          21.6     99.8 
 Q3      5.6      6.1 *          25.2     65.9 
 Q4      5.2      4.5 *          26.9     52.8 
  
  
 2021 
  
 Q1      4.8      5.7 *          23.4     35.0 ** 
 Q2      5.1      3.0 *          24.2     27.1 **     
 Q3      5.1      1.7 *          23.7     21.1 **     
 

* CV Sciences: INCLUDING PPP $2.9M "LOAN", i.e., FEDERAL CHARITY forgiven in Q3

** Charlotte's Web: NOT INCLUDING $10.9M pending IRS tax receivable