BASANITE, INC. Income Statement
BASA|8 years of annual SEC 10-K data (FY2011-FY2018)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 8 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$87,836
FY2018
Gross Profit
-$3,249
-3.7% gross margin
Operating Income
-$4M
FY2018
Net Income
-$6M
FY2018
BASANITE, INC. reported $87,836 in revenue and $6M in net loss for FY2018. Revenue has grown at a 15.0% compound annual rate over the past 7 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Piotroski F-Score: 2/9 criteria passed
- Negative shareholders equity: Liabilities exceed assets
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $87.8K | $9.7K | $394.2K | $175.2K | $30.4K | $10.0K | $32.9K | $33.0K |
| Cost of Revenue | - | $5.9K | $254.2K | $101.4K | $23.6K | - | - | - |
| Gross Profit | -$3.2K | $3.8K | $140.0K | $73.8K | $6.8K | $10.0K | - | - |
| SG&A Expense | $2.2M | $836.3K | $554.0K | $122.9K | $485.4K | $117.9K | $122.0K | $201.0K |
| Operating Income | -$4.4M | -$2.4M | -$1.9M | -$420.7K | -$1.0M | -$1.9M | -$1.5M | -$1.6M |
| Interest Expense | $107.0K | $79.9K | $285.5K | $312.8K | $412.5K | $567.5K | $96.6K | $34.7K |
| Net Income | -$5.9M | -$2.9M | -$3.7M | -$730.5K | -$1.4M | -$2.4M | -$1.6M | -$1.6M |
| EPS (Diluted) | -$0.03 | -$0.25 | -$0.06 | -$0.17 | -$0.55 | -$2.36 | -$0.04 | -$0.01 |
| Shares Outstanding | 128.3M | 97.7M | 12.9M | 12.6M | 5.6M | 1.1M | 44.6M | 20.6M |
| Gross Margin | -3.7% | 39.4% | 35.5% | 42.1% | 22.4% | 100.0% | - | - |
| Operating Margin | -5045.2% | -24333.2% | -486.5% | -240.2% | -3339.1% | -18610.7% | -4588.6% | -4743.6% |
| Profit Margin | -6728.4% | -30371.6% | -937.9% | -417.0% | -4697.5% | -24271.2% | -4882.1% | -4899.2% |