Overview
- IndustryServices-Motion Picture & Video Tape Production1
- HeadquartersPalo Alto, California1
- Incorporated inDE2
- Business address3000 El Camino Real, Bldg 4, Suite 200, Palo Alto, Ca 943062
- Filer categoryNon-accelerated filer, Smaller reporting company2
- Legal formCorporation
See how the biggest companies compare on our leaderboards
Our production teams film in various locations including, but not limited to, United States, Mexico, Australia, Thailand, and Philippines.4 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
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue76¢$281.1K
- Income tax24¢$87.1K
Out of $47.8K in revenue.5 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $35.6M6 | $27.1M7 | $43.6M8 | $16.2M8 | $448.6K5 | $47.8K5 | |
| Cost of revenue | $782.6K5 | $281.1K5 | |||||
| Gross profit | -$334.0K5 | -$233.3K5 | |||||
| Selling, general and admin | $1.9M6 | $2.3M7 | $4.0M8 | $4.6M8 | |||
| Operating expenses | $10.5M5 | $3.3M5 | |||||
| Operating income | -$10.8M5 | ||||||
| Interest | $7.8M12 | $9.5M7 | $11.3M8 | $16.8M8 | $600.4K9 | $120.0K5 | |
| Income before tax | -$9.3M5 | -$4.6M5 | |||||
| Income tax | -$4.0M6 | -$972.8K7 | -$4.5M8 | -$3.6M9 | -$48.9K5 | $87.1K5 | |
| Net income | $7.4M6 | -$8.1M7 | -$16.7M8 | -$42.2M9 | -$8.5M5 | -$4.1M5 | |
| Earnings per share | $5.106 | -$5.587 | -$10.788 | -$27.338 | -$0.375 | -$0.135 | |
| Earnings per share (diluted) | $5.106 | -$5.587 | -$10.788 | -$27.338 | -$0.375 | -$0.135 | |
| Shares (weighted, basic) | 23.0M shares5 | 31.3M shares5 | |||||
| Shares (weighted, diluted) | 23.0M shares5 | 31.3M shares5 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $8.7M6 | $1.5M7 | $2.4M8 | $2.4M8 | $7.4M5 | $7.3M5 | $3.1M5 |
| Current assets | $12.6M5 | $11.6M5 | |||||
| Intangible assets | $459.3K13 | $7.7M13 | |||||
| Total assets | $236.4M6 | $217.2M7 | $149.6M8 | $93.4M8 | $12.6M5 | $13.3M5 | |
| Long-term debt | $145.6M6 | $131.1M7 | $111.6M8 | $88.8M8 | |||
| Total liabilities | $189.0M6 | $175.9M7 | $126.3M8 | $111.0M8 | $5.6M5 | $2.9M5 | |
| Retained earnings | -$13.4M5 | -$17.5M5 | |||||
| Shareholders’ equity | $47.4M7 | $41.3M8 | $23.3M9 | -$17.6M9 | $11.8M9 | $8.0M5 | $10.4M5 |
| Shares outstanding | 1.4M shares6 | 1.5M shares7 | 1.5M shares8 | 1.5M shares8 | 22.1M shares14 | 26.5M shares5 | 31.7M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Corporate structure
Mega Matrix Corp. sits at the top of its group. 3 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Mega Matrix Corp.
- Yucheng Hu Filed SC 13D/A on Mega Matrix Corp., latest Dec 13, 2022 (2 filings since Oct 4, 2021)
- Mega Matrix Corp. Palo Alto, California
- Mega Metaverse Corp. Subsidiary · California, United States
- Saving Digital Pte. Ltd. Subsidiary · Singapore
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Mega Matrix Corp. 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| Computer equipment and software | $1.0M14 Dec 31, 2022 |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $3.1M5 Dec 31, 2023 | $7.3M5 Dec 31, 2022 | −56.9% |
| Long-term investments | $1.8M5 Dec 31, 2023 |
Intangibles and goodwill
Leadership
Who has led Mega Matrix Corp., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerYucheng Hu Oct 4, 2021 to Oct 1, 202415
- Chief executive officerMichael Gerhard Magnusson Sep 13, 2016 to Sep 8, 202116
- ChairYucheng Hu Oct 4, 2021 to Oct 4, 202115
- ChairNeal D. Crispin Mar 2, 2006 to May 29, 201517
- PresidentMichael Gerhard Magnusson Sep 13, 2016 to Sep 8, 202116
- PresidentNeal D. Crispin Mar 2, 2006 to May 29, 201517
- Chief financial officerHarold M. Lyons Jan 2, 2020 to Sep 7, 202118
- Chief operating officerXiangchen Gao Jan 19, 2024 to Sep 3, 202419
- Chief operating officerMarc J. Anderson Nov 13, 2007 to May 21, 200820
Board members and other officers (15)
- GCO VPFlorence Ng Oct 4, 2021 to Oct 4, 202121
- Director, SVP and SecretaryToni M. Perazzo Mar 2, 2006 to Nov 22, 201922
- Board memberJunyi Dai May 14, 2024 to May 14, 202423
- Board memberYucheng Hu Dec 1, 2022 to Oct 1, 202424
- Board memberFlorence Ng Oct 4, 2021 to Oct 4, 202121
- Board memberJianan Jiang Oct 4, 2021 to Oct 4, 202125
- Board memberQin Yao Oct 4, 2021 to Oct 4, 202126
- Board memberSiyuan Zhu Oct 4, 2021 to Oct 4, 202127
- Board memberMichael Gerhard Magnusson Nov 22, 2019 to Sep 8, 202128
- Board memberKaren M. Rogge Jun 5, 2017 to Jun 5, 201729
- Board memberRoy E. Hahn May 20, 2008 to May 20, 200830
- Board memberMarc J. Anderson Nov 13, 2007 to May 21, 200820
- Board memberToni M. Perazzo Mar 2, 2006 to Nov 22, 201922
- Board memberThomas G. Hiniker May 17, 2006 to Jun 1, 200731
- Board memberEvan M. Wallach Aug 21, 2006 to Sep 7, 202132
Named in SEC Form D filings
People the company listed in its private-offering notices.
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Mega Matrix Inc.. Cayman Islands3
- Mega Metaverse Corp. California3
- Saving Digital Pte. Ltd. Singapore3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Sep 26, 20248-K Shareholder vote; Regulation FD disclosure35
- Sep 19, 20248-K Shareholder vote; Other events36
- Sep 10, 20248-K Executive or director change37
- Sep 9, 20248-K Regulation FD disclosure38
- Sep 3, 20248-K Ended a material agreement; Executive or director change39
- Aug 16, 20248-K Entered a material agreement; Completed an acquisition or sale; Unregistered sale of shares40
- Aug 14, 20248-K Results of operations; Regulation FD disclosure41
- Aug 5, 20248-K Entered a material agreement; Unregistered sale of shares42
- Aug 2, 20248-K Regulation FD disclosure43
- Jun 3, 20248-K Entered a material agreement44
- May 22, 20248-K Bylaws or fiscal year changed; Shareholder vote45
- May 14, 20248-K Entered a material agreement; Executive or director change46
- Oct 4, 2021New chief executive Yucheng Hu becomes CEO15
- Sep 13, 2016New chief executive Michael Gerhard Magnusson becomes CEO16
Calendar
When it reported results
- Aug 14, 2024Reported quarterly or annual results41
- May 8, 2024Reported quarterly or annual results47
- Nov 13, 2023Reported quarterly or annual results48
- Aug 14, 2023Reported quarterly or annual results49
- May 12, 2023Reported quarterly or annual results50
- Mar 31, 2023Reported quarterly or annual results51
- May 16, 2022Reported quarterly or annual results52
- Mar 30, 2022Reported quarterly or annual results53
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
148 filings to the SEC since October 2021: 4 annual reports, 10 quarterly reports, 65 major events, 24 insider forms, 2 large holders, 3 private raises, 40 other. The latest 20:
- Nov 7, 202415-12G EDGAR
- Oct 1, 20244 EDGAR
- Oct 1, 20244 EDGAR
- Sep 26, 20248-K CURRENT REPORT EDGAR
- Sep 19, 20248-K CURRENT REPORT EDGAR
- Sep 10, 20248-K CURRENT REPORT EDGAR
- Sep 10, 2024424B3 PROSPECTUS EDGAR
- Sep 9, 2024EFFECT EDGAR
- Sep 9, 20248-K CURRENT REPORT EDGAR
- Sep 5, 2024CORRESP EDGAR
- Sep 5, 2024UPLOAD EDGAR
- Sep 3, 20244 EDGAR
- Sep 3, 20248-K CURRENT REPORT EDGAR
- Aug 23, 2024S-3 REGISTRATION STATEMENT EDGAR
- Aug 21, 2024UPLOAD EDGAR
- Aug 19, 2024RW WITHDRAWAL REQUEST EDGAR
- Aug 19, 202410-Q/A AMENDMENT NO. 1 TO FORM 10-Q EDGAR
- Aug 19, 202410-K/A AMENDMENT NO. 1 TO FORM 10-K EDGAR
- Aug 16, 20248-K CURRENT REPORT EDGAR
- Aug 14, 202410-Q QUARTERLY REPORT EDGAR
The 148 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.
Insider trades
1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Nov 30, 2022 | Hu YuchengChief Executive Officer | Sale | 2,397,305 | $1.00 | $2.4M | Form 4 |
From Forms 4 filed with the SEC.
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.
- Yucheng HuSC 13D/A, 2 filings Oct 4, 2021 to Dec 13, 202254
Money raised
Private offerings the company reported to the SEC on Form D.
SEC filer profile
How Mega Matrix Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARMega Matrix Corp.1
- CIK0001036848
- Employer ID (EIN)94-32639741
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)7812 Services-Motion Picture & Video Tape Production1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address3000 El Camino Real, Bldg 4, Suite 200, Palo Alto, CA 943061
- Phone650-340-18881
- Shares outstanding38,551,825 as of Aug 6, 202411
- Public float$34.0M as of Jun 30, 20235
- On EDGAR sinceApr 8, 19971
- Filings787 in all: 8-K (231), 4 (189), 10-Q (57), SC 13G/A (30), DEF 14A (25), 10QSB (24), 10-K (18), 3 (17)1
All 51 form types
SC 13D/A (17), UPLOAD (17), 8-K/A (15), 5 (14), CORRESP (13), SC 13G (12), 10-Q/A (11), 10KSB (10), 4/A (10), DEFA14A (9), DFAN14A (5), SC 13D (5), NT 10-Q (4), S-1/A (4), S-4/A (4), 10KSB/A (3), 424B3 (3), 8-A12B (3), CT ORDER (3), D (3), DEFC14A (2), DEFR14A (2), EFFECT (2), PRE 14A (2), PREC14A (2), PRER14A (2), PRRN14A (2), S-3 (2), 10-K/A (1), 15-12G (1), 8-A12B/A (1), DEF 14C (1), DEFM14A (1), NT 10-K (1), PRE 14C (1), PREM14A (1), PX14A6G (1), RW (1), S-1 (1), S-4 (1), S-8 (1), S-8 POS (1), SC 14F1 (1)
- Latest filingsAnnual report (10-K) Mar 18, 2024
Quarterly report (10-Q) Aug 14, 2024
Proxy statement (DEF 14A) Apr 30, 2024
Latest 8-K (8-K) Sep 26, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15SEC EDGARYucheng Hu, Chief executive officer
- 16
- 17SEC EDGARNeal D. Crispin, Chair
- 18
- 19
- 20
- 21SEC EDGARFlorence Ng, GCO VP
- 22
- 23SEC EDGARJunyi Dai, Board member
- 24SEC EDGARYucheng Hu, Board member
- 25SEC EDGARJianan Jiang, Board member
- 26SEC EDGARQin Yao, Board member
- 27SEC EDGARSiyuan Zhu, Board member
- 28
- 29SEC EDGARKaren M. Rogge, Board member
- 30SEC EDGARRoy E. Hahn, Board member
- 31SEC EDGARThomas G. Hiniker, Board member
- 32SEC EDGAREvan M. Wallach, Board member
- 33
- 34
- 35
- 36SEC EDGARShareholder vote; Other events
- 37SEC EDGARExecutive or director change
- 38SEC EDGARRegulation FD disclosure
- 39
- 40
- 41
- 42
- 43SEC EDGARRegulation FD disclosure
- 44SEC EDGAREntered a material agreement
- 45
- 46
- 47
- 48
- 49
- 50
- 51
- 52
- 53
- 54