Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.1.9
Consolidated Balance Sheets (USD $)
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash $ 5,082,569us-gaap_Cash $ 3,610,262us-gaap_Cash
Accounts receivable - net 216,997us-gaap_AccountsReceivableNetCurrent 270,000us-gaap_AccountsReceivableNetCurrent
Marketable securities - available for sale securities    6,250us-gaap_AvailableForSaleSecuritiesCurrent
Bonds posted with courts 1,946,196us-gaap_SpecialAssessmentBond   
Prepaid expenses and other current assets 438,391us-gaap_PrepaidExpenseCurrent 752,931us-gaap_PrepaidExpenseCurrent
Total current assets 7,684,153us-gaap_AssetsCurrent 4,639,443us-gaap_AssetsCurrent
Other assets:    
Property and equipment, net 53,828us-gaap_PropertyPlantAndEquipmentNet 13,640us-gaap_PropertyPlantAndEquipmentNet
Intangible assets, net 43,363,832us-gaap_IntangibleAssetsNetIncludingGoodwill 6,157,659us-gaap_IntangibleAssetsNetIncludingGoodwill
Deferred tax assets 4,952,309us-gaap_DeferredTaxAssetsLiabilitiesNetNoncurrent   
Goodwill 3,432,308us-gaap_Goodwill 2,144,488us-gaap_Goodwill
Total other assets 51,802,277us-gaap_AssetsNoncurrent 8,315,787us-gaap_AssetsNoncurrent
Total Assets 59,486,430us-gaap_Assets 12,955,230us-gaap_Assets
Current liabilities:    
Accounts payable and accrued expenses 3,293,746us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent 754,945us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent
Clouding IP earn out - current portion 2,092,000us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedContingentLiability   
Notes payable 17,085,000us-gaap_NotesPayable   
Total current liabilities 22,470,746us-gaap_LiabilitiesCurrent 754,945us-gaap_LiabilitiesCurrent
Convertible notes, net of discount of $146,935 5,403,065us-gaap_ConvertibleNotesPayable   
Clouding IP earn out 7,360,000us-gaap_BusinessCombinationContingentConsiderationLiabilityNoncurrent   
Total long-term liabilities 12,763,065us-gaap_LiabilitiesNoncurrent   
Liabilities of discontinued operations    30,664us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
Total liabilities 35,233,811us-gaap_Liabilities 785,609us-gaap_Liabilities
Stockholders' Equity:    
Preferred stock Series B, $.0001 par value, 50,000,000 shares authorized: 932,000 and 0 issued and outstanding at December 31, 2014 and December 31, 2013 93us-gaap_PreferredStockValue   
Common stock, $.0001 par value; 200,000,000 shares authorized; 13,791,460 adjusted for the stock dividend and 10,979,186 issued and outstanding at December 31, 2014 and December 31, 2013. 1,379us-gaap_CommonStockValue 1,098us-gaap_CommonStockValue
Additional paid-in capital 36,977,169us-gaap_AdditionalPaidInCapital 22,673,287us-gaap_AdditionalPaidInCapital
Accumulated other comprehensive income (loss) (388,357)us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax (6,250)us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
Accumulated deficit (12,337,665)us-gaap_RetainedEarningsAccumulatedDeficit (10,488,018)us-gaap_RetainedEarningsAccumulatedDeficit
Total Marathon Patent Group, Inc. equity 24,252,619us-gaap_StockholdersEquity 12,180,117us-gaap_StockholdersEquity
Non-controlling interest in subsidiary    (10,496)us-gaap_MinorityInterest
Total stockholders' equity 24,252,619MARA_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest1 12,169,621MARA_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest1
Total liabilities and stockholders' equity $ 59,486,430us-gaap_LiabilitiesAndStockholdersEquity $ 12,955,230us-gaap_LiabilitiesAndStockholdersEquity