CV Sciences Inc (CVSI)

[GE_Jim]

Short week, anyway a point worth mentioning. CVSI has a negative book value. I made a mention about liabilities exceeding assets in a earlier post.
The meaning below is standard boilerplate as seen below.

A negative book value means that a company's liabilities are greater than its assets. This indicates a company is possibly insolvent.

If book value is negative, where a company's liabilities exceed its assets, this is known as a balance sheet insolvency.

The book value per share is basically this total divided by the number of shares outstanding in the company. Negative book value per share means that if you were to buy all the shares, combine them into one big pile, and sell them at market price, you would get less than you paid for them.

To go along with that from the start of the year.
Debt 1.53 million.
Cash flow negative 1.89 million
Levered Free Cash Flow -951 k
Cash 600 million.

Just numbers worth knowing I would think, have a good weekend.