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Private company

Grom Social Enterprises, Inc.

American computer programming, data processing services company1

In its 2024 annual report the company says: “Grom Social, Inc., incorporated in the State of Florida on March 5, 2012, operates our social media network designed for children under the age of 13 years. It has been nonoperational since its inception.”3 It is headquartered in Boca Raton, Florida.1

Last updated Oct 21, 2026.

Overview

  • IndustryServices-Computer Programming, Data Processing, Etc.1
  • HeadquartersBoca Raton, Florida1
  • Incorporated inFL2
  • Business address2060 Nw Boca Raton Blvd. #6, Boca Raton, Fl 334312
  • Filer categoryNon-accelerated filer, Smaller reporting company2
  • Legal formCorporation

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Grom Social, Inc. (“GSOC”), incorporated in the State of Florida on March 5, 2012, operates our social media network designed for children under the age of 13 years.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

33.8%Gross margin4
-329.6%Operating margin4
-310.0%Net margin4
-25.5%Revenue growth, 20234
-109.7%Return on equity4
-$8.9MFree cash flow4

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue26¢$2.7M
  • Selling, general and admin74¢$7.7M
  • Income tax0¢$18.5K

Out of $4.0M in revenue.4 The company lost money this year.

Financial statements

Revenue56784$4.0M in 2023−47% since 2017
0$2.5M$5.0M$7.5M$10.0M2017: $7.7M$7.7M20172018: $8.6M$8.6M2018+12%2019: $8.3M$8.3M2019−4%2020: $6.2M$6.2M2020−26%2021: $6.3M$6.3M2021+2%2022: $5.4M$5.4M2022−14%2023: $4.0M$4.0M2023−26%
Gross profit567894$1.4M in 2023−60% since 2017
0$2.0M$4.0M$6.0M2017: $3.4M$3.4M20172018: $4.3M$4.3M2018+24%2019: $3.7M$3.7M2019−14%2020: $2.8M$2.8M2020−24%2021: $2.6M$2.6M2021−8%2022: $1.8M$1.8M2022−32%2023: $1.4M$1.4M2023−22%
Operating income567894-$13.3M in 2023+97% since 2017
-$20.0M-$15.0M-$10.0M-$5.0M02017: -$6.7M-$6.7M20172018: -$3.9M-$3.9M2018−43%2019: -$3.0M-$3.0M2019−23%2020: -$3.4M-$3.4M2020+14%2021: -$6.9M-$6.9M2021+103%2022: -$18.7M-$18.7M2022+172%2023: -$13.3M-$13.3M2023−29%
Net income567894-$12.5M in 2023+107% since 2017
-$20.0M-$15.0M-$10.0M-$5.0M02017: -$6.0M-$6.0M20172018: -$4.9M-$4.9M2018−19%2019: -$4.6M-$4.6M2019−6%2020: -$5.7M-$5.7M2020+25%2021: -$10.2M-$10.2M2021+77%2022: -$16.3M-$16.3M2022+61%2023: -$12.5M-$12.5M2023−23%
Fiscal year2017201820192020202120222023
Revenue$7.7M5$8.6M6$8.3M7$6.2M8$6.3M8$5.4M4$4.0M4
Cost of revenue$4.2M5$4.4M6$4.6M7$3.4M8$3.7M9$3.7M4$2.7M4
Gross profit$3.4M5$4.3M6$3.7M7$2.8M8$2.6M9$1.8M4$1.4M4
Selling, general and admin$4.6M8$5.8M9$7.3M4$7.7M4
Operating expenses$9.5M9$20.4M4$14.7M4
Operating income-$6.7M5-$3.9M6-$3.0M7-$3.4M8-$6.9M9-$18.7M4-$13.3M4
Interest$1.4M8$2.6M8
Income before tax-$10.2M9-$16.3M4-$13.9M4
Income tax$33.7K5$14.9K6$35.4K7-$224.0K8$21.0K9$446.2K4-$18.5K4
Net income-$6.0M5-$4.9M6-$4.6M7-$5.7M8-$10.2M9-$16.3M4-$12.5M4
Earnings per share-$1.078-$34.219-$463.484-$15.544
Earnings per share (diluted)-$34.219-$463.484-$15.544
Shares (weighted, basic)310.2K shares936.8K shares4854.2K shares4
Shares (weighted, diluted)310.2K shares936.8K shares4854.2K shares4

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Corporate structure

Grom Social Enterprises, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Grom Social Enterprises, Inc.

  • Ionic Ventures, LLC Filed SC 13G/A on Grom Social Enterprises, Inc., latest Jun 28, 2024 (3 filings since Sep 15, 2023)
  • Lind Global Fund II LP Filed SC 13G/A on Grom Social Enterprises, Inc., latest Feb 13, 2024 (3 filings since Dec 15, 2022)
  • ARMISTICE CAPITAL, LLC Filed SC 13G/A on Grom Social Enterprises, Inc., latest Feb 14, 2023 (2 filings since Feb 15, 2022)
  • CVI Investments, Inc. Filed SC 13G/A on Grom Social Enterprises, Inc., latest Feb 14, 2023 (2 filings since Dec 16, 2022)
  • BIGGER CAPITAL FUND L P Filed SC 13G/A on Grom Social Enterprises, Inc., latest Jan 20, 2023 (2 filings since Dec 19, 2022)
  • Grom Social Enterprises, Inc. Boca Raton, Florida

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Grom Social Enterprises, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Computer equipment and software$2.8M4 Dec 31, 2023$1.6M4 Dec 31, 2022+73.7%
Property and equipment, before depreciation$4.2M4 Dec 31, 2023$4.6M4 Dec 31, 2022−9.8%
Accumulated depreciation$4.0M4 Dec 31, 2023$4.3M4 Dec 31, 2022−6.5%
Property and equipment, net$114.8K4 Dec 31, 2023$285.7K4 Dec 31, 2022−59.8%
Operating-lease assets (leased space)$796.6K4 Dec 31, 2023$1.1M4 Dec 31, 2022−25.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$2.5M4 Dec 31, 2023$3.9M4 Dec 31, 2022−35.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$5.7M4 Dec 31, 2023$10.6M4 Dec 31, 2022−46.1%
Intangible assets, net (excluding goodwill)$5.2M4 Dec 31, 2023$5.4M4 Dec 31, 2022−3.2%
Finite-lived intangibles, gross$1.9M4 Dec 31, 2023$1.9M4 Dec 31, 20220%
Accumulated amortization-$1.2M4 Dec 31, 2023-$1.0M4 Dec 31, 2022−16.7%
Finite-lived intangibles, net$681.3K4 Dec 31, 2023$851.3K4 Dec 31, 2022−20.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$43.2K4 Dec 31, 2023$92.3K4 Dec 31, 2022−53.2%
Work in process$40.7K4 Dec 31, 2023$85.3K4 Dec 31, 2022−52.3%
Finished goods$2.5K4 Dec 31, 2023$7.0K4 Dec 31, 2022−64.4%

Leadership

Who has led Grom Social Enterprises, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Ismael Llera2017
  2. Darren Marks2018–2021
  3. Thomas J. Rutherford2018

Chair

  1. Darren Marks2018–2019
  2. Thomas J. Rutherford2018

President

  1. Darren Marks2018–2021
  2. Thomas J. Rutherford2018
  3. Wayne Dearing2018

Chief financial officer

  1. Ismael Llera2017
  2. Melvin Leiner2018–2019
  3. Jason Allen Williams2021

Chief operating officer

  1. Melvin Leiner2018–2019
20202025
Board members and other officers (4)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorRobert Stevens named Oct 5, 202123

Former names

  • Illumination America, Inc.Jan 13, 2016 to Aug 11, 20172

Timeline

  1. Aug 27, 20248-K Listing notice or transfer24
  2. Jul 22, 20248-K Entered a material agreement; Unregistered sale of shares25
  3. Apr 24, 20248-K Entered a material agreement26
  4. Apr 5, 20248-K Entered a material agreement; Unregistered sale of shares27
  5. Mar 15, 20248-K Entered a material agreement; Unregistered sale of shares28
  6. Mar 7, 20248-K Other events29
  7. Mar 6, 20248-K Listing notice or transfer30
  8. Dec 27, 20238-K Other events31
  9. Nov 21, 20238-K Entered a material agreement32
  10. Nov 15, 20238-K Entered a material agreement; Unregistered sale of shares33
  11. Sep 12, 20238-K Other events34
  12. Sep 11, 20238-K Entered a material agreement; Other events35
  13. Jan 17, 2018New chief executive Thomas J. Rutherford becomes CEO14
  14. Jan 4, 2018New chief executive Darren Marks becomes CEO13
  15. Mar 15, 2017New chief executive Ismael Llera becomes CEO15

Filings

114 filings to the SEC since October 2021: 3 annual reports, 8 quarterly reports, 26 major events, 2 insider forms, 12 large holders, 1 private raises, 62 other. The latest 20:

  1. Jun 16, 2025SEC STAFF ACTION EDGAR
  2. Aug 27, 20248-K EDGAR
  3. Aug 15, 2024NT 10-Q EXTENSION EDGAR
  4. Jul 25, 2024S-1 REGISTRATION STATEMENT EDGAR
  5. Jul 22, 20248-K EDGAR
  6. Jun 28, 2024SC 13G/A EDGAR
  7. May 21, 2024DEF 14C EDGAR
  8. May 20, 202410-Q FORM 10-Q FOR MARCH 2024 EDGAR
  9. May 15, 2024NT 10-Q FORM 12B-25 EDGAR
  10. May 9, 2024PRE 14C PRELIMINARY INFORMATION STATEMENT EDGAR
  11. Apr 24, 20248-K CURRENT REPORT EDGAR
  12. Apr 16, 202410-K EDGAR
  13. Apr 5, 20248-K CURRENT REPORT EDGAR
  14. Apr 1, 2024NT 10-K EXTENSION EDGAR
  15. Mar 15, 20248-K EDGAR
  16. Mar 7, 20248-K EDGAR
  17. Mar 6, 20248-K CURRENT REPORT EDGAR
  18. Feb 14, 2024SC 13G/A EDGAR
  19. Feb 13, 2024SC 13G/A EDGAR
  20. Jan 5, 2024EFFECT EDGAR

The 114 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$4.4M 2021–2021
Money received by yearMoney received by year, 2021–2021: $4.4M in all. Private raises (Form D) $4.4M.$0$2M$4M$6M2021 · Private raises (Form D): $4.4M2021
Figures by year
YearPrivate raises (Form D)Total
2021$4.4M$4.4M

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Sep 14, 2021Raised $4.4 million in a private offering of debt23 Form D: $5.9 million offered in all Form D

SEC filer profile

How Grom Social Enterprises, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGrom Social Enterprises, Inc.1
  • CIK0001662574
  • Employer ID (EIN)20-55662751
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inFlorida1
  • Fiscal year endsDecember 311
  • Industry code (SIC)7370 Services-Computer Programming, Data Processing, Etc.1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address2060 Nw Boca Raton Blvd. #6, Boca Raton, FL 334311
  • Phone561-287-57761
  • Shares outstanding9,021,617 as of May 17, 202412
  • Public float$2.8M as of Jun 30, 20234
  • On EDGAR sinceJan 13, 20161
  • Filings269 in all: 8-K (61), 10-Q (25), CORRESP (22), 4 (16), NT 10-Q (14), S-1/A (13), 3 (11), D (11)1
    All 33 form types

    UPLOAD (10), S-1 (9), 10-K (8), EFFECT (8), NT 10-K (7), SC 13G/A (7), DEF 14A (6), DEF 14C (6), PRE 14C (6), PRE 14A (5), SC 13G (5), 424B3 (3), 424B4 (2), 5 (2), 8-K/A (2), 10-Q/A (1), 25-NSE (1), 424B1 (1), 424B2 (1), 8-A12B (1), 8-A12G (1), AW (1), CERT (1), POS AM (1), SEC STAFF ACTION (1)

  • Latest filingsAnnual report (10-K) Apr 16, 2024
    Quarterly report (10-Q) May 20, 2024
    Proxy statement (DEF 14A) Jul 10, 2023
    Latest 8-K (8-K) Aug 27, 2024

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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