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BMTM (Bright Mountain Media) Property, Plant and Equipment : $0.37 Mil (As of Sep. 2024)


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What is Bright Mountain Media Property, Plant and Equipment?

Bright Mountain Media's quarterly net PPE increased from Mar. 2024 ($0.45 Mil) to Jun. 2024 ($0.72 Mil) but then declined from Jun. 2024 ($0.72 Mil) to Sep. 2024 ($0.37 Mil).

Bright Mountain Media's annual net PPE increased from Dec. 2021 ($0.07 Mil) to Dec. 2022 ($0.41 Mil) and increased from Dec. 2022 ($0.41 Mil) to Dec. 2023 ($0.51 Mil).


Bright Mountain Media Property, Plant and Equipment Historical Data

The historical data trend for Bright Mountain Media's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bright Mountain Media Property, Plant and Equipment Chart

Bright Mountain Media Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.19 0.07 0.41 0.51

Bright Mountain Media Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.51 0.45 0.72 0.37

Bright Mountain Media Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Bright Mountain Media  (OTCPK:BMTM) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Bright Mountain Media Property, Plant and Equipment Related Terms

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Bright Mountain Media Business Description

Traded in Other Exchanges
N/A
Address
6400 Congress Avenue, Suite 2050, Boca Raton, FL, USA, 33487
Bright Mountain Media Inc is a holding company that focuses on digital publishing and advertising technology. The Company is engaged in content creation and advertising technology development that helps customers connect with, and market to, targeted audiences in high-quality environments using a variety of digital ad formats. It generates revenue through sales of advertising services which generate revenue from advertisements placed on the Company's owned and managed sites, as well as from advertisements placed on partner websites, for which the company earns a share of the revenue.
Executives
Ethan Rudin officer: Chief Financial Officer 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487
Pamela J. Parizek director C/O BRIGHT MOUNTAIN MEDIA, INC., 6400 CONGRESS AVENUE, SUITE 6400, BOCA RATON FL 33487
W Kip Speyer director, 10 percent owner, officer: CEO, PRESIDENT, CHAIRMAN 10361 PARKSTONE WAY, BOCA RATON FL 33498
Charles Pearlman director 1 EAST BROWARD BLVD., FORT LAUDERDALE FL 33301
Dennis W Healey director, officer: CFO, Secretary 14044 ICOT BOULEVARD, CLEARWATER FL 33760
Randolph A Pohlman director 102 S WYNSTONE PARK DR, N BARRINGTON IL 60010
Charles Howard Lichtman director 1098 MARBLE WAY, BOCA RATON FL 33432
Richard M. Rogers director 3707 AMELIA ISLAND LANE, DAVIE FL 33328
Jonathan Thielmann director 126 E. LEE RD., DELRAY BEACH FL 33445
Annette Casacci officer: Chief Financial Officer 3774 PEBBLEBROOK MANOR, COCONUT CREEK FL 33073
Todd Speyer director, officer: Dir. Bus. Dvlpmt/Website Mgr. 9060 CHRYSANTHEMUM DRIVE, BOYNTON BEACH FL 33437
Todd F. Davenport director 48 SALEM ST., SALEM MA 01810
Andrew Handwerker 10 percent owner 4399 PINE TREE DRIVE, BOYNTON BEACH FL 33436