SequelSEC

BASANITE, INC. BASA

Miscellaneous Manufacturing Industries · CIK 0001448705 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$87.84K
Fiscal year ended 2018-12-31
Operating income
-$4.43M
Fiscal year ended 2018-12-31
Free cash flow
-$1.40M
Fiscal year ended 2018-12-31

Valuation, from the filing

Public float$2.85MMarket value of stock held by non-affiliates, as stated on the cover page for 2024-06-30
Float per share$0.01Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2024-06-30, not today.

How this compares in its industry

Percentile among the Miscellaneous Manufacturing Industries filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Current ratio0.11x0th
Revenue YoY growth808.9%100th

BASANITE, INC. (BASA) reported revenue of $87.84K and net income of -$5.91M for the fiscal year ended 2018-12-31. This page shows 5 annual periods of income statement, balance sheet and cash flow figures normalized from BASANITE, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Miscellaneous Manufacturing Industries.

Income

BASANITE, INC. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2018-12-312017-12-312016-12-312015-12-312014-12-31
Revenue$87.84K$9.66K$394.22K$175.16K$30.37K
Cost of revenueUnavailable$5.86K$254.22K$101.39K$23.57K
Gross profit-$3.25K$3.80K$140.00K$73.77K$6.80K
Operating income-$4.43M-$2.35M-$1.92M-$420.66K-$1.01M
Net income-$5.91M-$2.94M-$3.70M-$730.45K-$1.43M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesUnavailableUnavailableUnavailableUnavailableUnavailable
Pretax income-$5.89M-$2.94M-$3.70M-$730.45K-$1.43M
Income tax expenseUnavailableUnavailableUnavailableUnavailableUnavailable
Diluted EPSUnavailableUnavailableUnavailableUnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$2.20M$836.33K$554.03K$122.94K$485.42K
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

BASANITE, INC. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2018-12-312017-12-312016-12-312015-12-312014-12-31
Cash & equivalents$121.83K$188.74K$88.34K$50.24K$1.56K
Total assets$510.18K$2.61M$886.86K$524.62K$9.84K
Current assets$286.48K$650.80K$149.81K$221.86K$8.81K
Total liabilities$2.55M$2.57M$2.90M$1.88M$1.09M
Current liabilities$2.55M$2.57M$2.90M$1.58M$1.09M
Total equity incl. NCI-$2.04M$44.04K-$2.02M-$1.88M-$1.08M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$56.59K$380.26K$11.92K$67.75KUnavailable
Accounts receivable$883UnavailableUnavailableUnavailableUnavailable
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$1.00M$323.12K$346.52K$286.14K$229.90K

Cash flow

BASANITE, INC. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2018-12-312017-12-312016-12-312015-12-312014-12-31
Operating cash flow-$1.40M-$2.30M-$377.50KUnavailable-$265.49K
Capital expenditures$2.94K$456.88K$2.16KUnavailableUnavailable
Investing cash flow-$402.94K-$1.52M-$2.16KUnavailableUnavailable
Financing cash flow$1.73M$3.92M$417.76KUnavailable$263.99K
Net change in cash-$66.91K$100.40K$38.10K$48.68K-$1.50K
Stock-based compensation$1.66M$815.79K$1.14MUnavailableUnavailable
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$40.20K$18.64K$65.13K$11.48K$1.10K

Derived

BASANITE, INC. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2018-12-312017-12-312016-12-312015-12-312014-12-31
Free cash flow-$1.40M-$2.76M-$379.66KUnavailableUnavailable
Gross marginUnavailable39.4%35.5%42.1%22.4%
Operating marginUnavailable-24333.2%Unavailable-240.2%-3339.1%
FCF marginUnavailable-28511.0%UnavailableUnavailableUnavailable
SBC / revenueUnavailable8441.5%UnavailableUnavailableUnavailable
Current ratio0.11x0.25x0.05x0.14x0.01x
Revenue YoY growth808.9%-97.5%125.1%476.7%Unavailable
Net marginUnavailable-30371.6%Unavailable-417.0%-4697.5%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailable4727.7%UnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open BASA in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2025-11-25View SEC filing
10-Q · Filed 2025-08-19View SEC filing
10-Q · Filed 2025-05-15View SEC filing
10-K · Filed 2025-03-31View SEC filing
10-Q · Filed 2024-11-18View SEC filing
10-Q · Filed 2024-08-14View SEC filing

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.