Company research
GROWLIFE, INC.
CIK 1161582Updated Sep 24, 2026
SecurityPHOT · NASDAQ · equity
Name history
PHOTOTRON HOLDINGS, INC. · through Aug 8, 2012CATALYST LIGHTING GROUP INC · through Feb 17, 2011WENTWORTH III INC · through Sep 8, 2003
PHOT price & chart
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Recent filings
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Financials
FY 2022 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 254,208Source | 4,108,030Source | 4,355,229Source | 4,050,496Source |
| Property, Plant and Equipment, NetUSD | — | 249,906Source | 129,330Source | 166,482Source |
| GoodwillUSD | — | 781,749Source | 781,749Source | 781,749Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | 459,002Source | 1,130,718Source | 1,802,434Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 94,208Source | 363,863Source | — | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | 366,789Source | 960,522Source | 101,806Source |
| Inventory, NetUSD | — | 1,299,560Source | 570,524Source | 600,674Source |
| Assets, CurrentUSD | 254,208Source | 2,210,207Source | 1,933,185Source | 762,309Source |
| Operating Lease, Right-of-Use AssetUSD | — | 407,166Source | 380,247Source | 537,522Source |
| LIABILITIES AND EQUITY | ||||
| Commitments and ContingenciesUSD | — | 0Source | — | — |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 708Source | 395,198Source | 388,587Source | 386,269Source |
| Additional Paid in CapitalUSD | 156,385,473Source | 153,985,229Source | 147,278,311Source | 143,441,047Source |
| Retained Earnings (Accumulated Deficit)USD | -164,796,915Source | -160,314,038Source | -154,841,370Source | -148,461,532Source |
| Stockholders' Equity Attributable to ParentUSD | -8,410,734Source | -5,933,611Source | -7,174,472Source | -4,634,216Source |
| Liabilities and EquityUSD | 254,208Source | 4,108,030Source | 4,355,229Source | 4,050,496Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 8,664,942Source | 9,706,419Source | 10,426,505Source | 6,903,778Source |
| Operating Lease, Liability, CurrentUSD | — | 197,915Source | 140,772Source | 140,772Source |
| Accounts Payable, CurrentUSD | 850,619Source | 1,146,344Source | 1,146,195Source | 1,157,090Source |
| Operating Lease, Liability, NoncurrentUSD | — | 229,222Source | 264,868Source | 410,734Source |
| Deferred Income Tax Liabilities, NetUSD | — | 106,000Source | 352,649Source | 470,200Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | — | — | — | 0Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 209,768Source | 219,398Source | 2,592,251Source | 259,093Source |
| Deferred Tax Liabilities, NetUSD | — | 106,000Source | 352,649Source | 470,200Source |
| Long-term DebtUSD | — | — | 924,858Source | — |
cash flow · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -4,482,877Source | -5,472,688Source | -6,379,838Source | -7,374,383Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | 125,169Source | 158,042Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | — | -593,733Source | 858,716Source | -59,552Source |
| Increase (Decrease) in InventoriesUSD | — | 729,036Source | -30,150Source | -191,990Source |
| Increase (Decrease) in Accounts PayableUSD | 38,605Source | — | — | — |
| Deferred Income Tax Expense (Benefit)USD | — | 291,825Source | -117,550Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -1,315,498Source | -1,462,515Source | -1,950,870Source | -2,909,811Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -171,190Source | -20,000Source | 0Source | -12,463Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | 20,000Source | — | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 1,574,621Source | 1,463,234Source | 2,293,180Source | 628,731Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | -19,281Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 94,208Source | — | — | — |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 0Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 0Source | 15,476Source | — | — |
| Amortization of Intangible AssetsUSD | — | 671,716Source | 671,716Source | 838,262Source |
| Deconsolidation, Gain (Loss), AmountUSD | 1,713,105Source | — | — | — |
| DepreciationUSD | — | 37,152Source | 37,152Source | 89,322Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | -1,347,845Source | -973,101Source | 199,479Source | 496,338Source |
| Financing Interest ExpenseUSD | — | 410,000Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | 183,449Source | 1,025,400Source | -2,422,500Source | — |
| General and Administrative ExpenseUSD | — | — | 4,870,204Source | 7,010,059Source |
| GoodwillUSD | — | 781,749Source | 781,749Source | 781,749Source |
| Goodwill, Impairment LossUSD | — | — | — | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -4,264,732Source | -5,450,081Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -1,931,250Source | — | — | — |
| Income Tax Expense (Benefit)USD | — | 22,587Source | 231,952Source | -117,550Source |
| Net Income (Loss) Attributable to ParentUSD | -4,482,877Source | -5,472,668Source | -6,379,838Source | -7,285,445Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | 0Source | -88,938Source |
| Nonoperating Income (Expense)USD | — | -3,925,099Source | -4,257,924Source | -2,475,106Source |
| Operating ExpensesUSD | 1,341,468Source | — | — | — |
| Operating Lease, ExpenseUSD | — | 4,318,416Source | — | — |
| Other Nonoperating Income (Expense)USD | -2,923,264Source | — | — | — |
| Proceeds from Issuance of Common StockUSD | — | 0Source | 485Source | 0Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | 0Source |
| Restructuring CostsUSD | — | — | 0Source | 555,895Source |
income statement · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Total RevenueUSD | 0Source | 6,199,089Source | 7,000,812Source | 8,217,562Source |
| Cost of RevenueUSD | 0Source | 3,405,655Source | 4,020,570Source | 5,668,435Source |
| Operating Income (Loss)USD | -1,341,468Source | -1,524,982Source | -1,889,962Source | -5,016,827Source |
| Other Nonoperating Income (Expense)USD | -2,923,264Source | — | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -4,264,732Source | -22,587Source | -6,147,886Source | -7,491,933Source |
| Income Tax Expense (Benefit)USD | — | 22,587Source | 231,952Source | -117,550Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | 0Source | -88,938Source |
| Net Income (Loss) Attributable to ParentUSD | -4,482,877Source | -5,472,668Source | -6,379,838Source | -7,285,445Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | — | 671,716Source | 671,716Source | 838,262Source |
| Current Income Tax Expense (Benefit)USD | — | -269,238Source | 349,503Source | — |
| Financing Interest ExpenseUSD | — | 410,000Source | — | — |
| General and Administrative ExpenseUSD | — | — | 4,870,204Source | 7,010,059Source |
| Goodwill, Impairment LossUSD | — | — | — | 0Source |
| Gross ProfitUSD | 0Source | 2,793,434Source | 2,980,242Source | 2,549,127Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -4,264,732Source | -5,450,081Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -1,931,250Source | — | — | — |
| Interest ExpenseUSD | 1,963,736Source | 3,252,191Source | — | — |
| Interest Income (Expense), NetUSD | — | — | -1,089,734Source | -1,204,119Source |
| Marketing and Advertising ExpenseUSD | — | 105,621Source | — | — |
| Nonoperating Income (Expense)USD | — | -3,925,099Source | -4,257,924Source | -2,475,106Source |
| Operating ExpensesUSD | 1,341,468Source | — | — | — |
| Operating Lease, ExpenseUSD | — | 4,318,416Source | — | — |
| Restructuring CostsUSD | — | — | 0Source | 555,895Source |