BASA · XBRL financial data
Basanite financial statements, every fiscal year
The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (BASA's year ends in late December)
| In thousands of dollars | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|
| Cost of goods and services sold | — | 4 | 1,971 | 2,026 | 248 | 172 |
| Gross profit | (101) | 3 | (1,777) | (670) | 128 | 263 |
| Selling, general and administrative | — | 2,989 | 8,018 | 3,586 | 1,731 | 1,068 |
| General and administrative | 2,483 | 1,409 | — | — | — | — |
| Total operating expenses | 3,912 | 2,989 | 8,018 | 3,586 | 1,731 | 1,068 |
| Operating income (loss) | (4,013) | (2,986) | (9,796) | (7,256) | (1,603) | (805) |
| Interest expense | 113 | 898 | 512 | 512 | 566 | 925 |
| Net income (loss) | (4,309) | (4,199) | (16,478) | (7,972) | (2,169) | (1,729) |
| Earnings per share, basic USD per share | — | — | (0.07) | (0.03) | (0.01) | (0.01) |
| Earnings per share, diluted USD per share | — | — | (0.07) | (0.03) | (0.01) | (0.01) |
| Weighted average shares, basic thousands of shares | — | — | 235,473 | 251,489 | 256,835 | 260,157 |
| Weighted average shares, diluted thousands of shares | — | — | 235,473 | 251,489 | 256,835 | 260,157 |
Balance sheet
CSVFiscal years (BASA's year ends in late December)
| In thousands of dollars | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 129 | 260 | 110 | 30 | 55 | 82 |
| Accounts receivable | — | 2 | 8 | 68 | 40 | 51 |
| Inventory | 159 | 447 | 715 | 0 | — | — |
| Total current assets | 461 | 824 | 1,225 | 236 | 95 | 133 |
| Property and equipment, net | 772 | 1,020 | 3,237 | 530 | 402 | 133 |
| Right-of-use asset | 1,223 | 1,004 | 749 | 153 | — | — |
| Total assets | 2,461 | 2,848 | 5,211 | 919 | 555 | 266 |
| Accounts payable | 218 | 249 | 1,176 | 1,713 | 1,762 | 1,733 |
| Accrued liabilities | 489 | 197 | 407 | 439 | 1,208 | 2,291 |
| Total current liabilities | 2,393 | 2,726 | 4,530 | 7,269 | 7,666 | 9,092 |
| Total deposits | 200 | 31 | 0 | — | — | — |
| Lease liability, non-current | 1,095 | 826 | 500 | 57 | — | — |
| Total liabilities | 3,488 | 3,553 | 5,030 | 7,326 | 7,666 | 9,092 |
| Accumulated deficit | (25,444) | (29,643) | (46,121) | (54,093) | (56,262) | (57,992) |
| Total stockholders' equity | (1,027) | (704) | 182 | (6,406) | (7,112) | (8,826) |
| Total liabilities and equity | 2,461 | 2,848 | 5,211 | 919 | 555 | 266 |
| Common shares outstanding (cover page) thousands of shares | 200,902 | 226,887 | 251,761 | 257,157 | 260,157 | 260,157 |
Cash flows
CSVFiscal years (BASA's year ends in late December)
| In thousands of dollars | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|
| Net income (loss) | (4,309) | (4,199) | (16,478) | (7,972) | (2,169) | (1,729) |
| Stock-based compensation | 1,701 | 166 | 1,135 | 509 | 164 | 15 |
| Depreciation and amortization | 17 | 117 | — | — | — | — |
| Net cash from operating activities | (2,260) | (2,799) | (4,507) | (2,831) | (1,056) | (401) |
| Purchases of property and equipment | 767 | 340 | 2,346 | 178 | — | — |
| Net cash from investing activities | (567) | (340) | (2,346) | 272 | — | — |
| Proceeds from issuing common stock | 2,393 | — | — | 650 | — | — |
| Net cash from financing activities | 2,834 | 3,269 | 6,704 | 2,480 | 1,081 | 428 |
Compare with peers
SIC 3990 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.
How peers are chosen
- SIC 3990 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Fewer than three companies fall in that range, so the list adds same-SIC (3990) companies nearest in public float, each marked “added: same SIC”.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
- A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Basanite | 0 | 1.5 | (109)* | 267.6M | — | 10-QSep 30, 2025 |
| VirTraadded: same SIC | 14,313 | 5,763 | (2,140)* | 11.3M | 6.7 quarters | 10-QJun 30, 2026 |
| Daktronicsadded: same SIC | 154,585 | 234,565 | 31,433 | 48.1M | — | 10-QAug 1, 2026 |
| Hillenbrandadded: same SIC | 173,100 | 550,200 | not reported | 70.7M | — | 10-QDec 31, 2025 |
| Amcoradded: same SIC | 1,115,000 | 6,398,000* | 1,595,000* | 462.3M | — | 10-KJun 30, 2026 |
| Bradyadded: same SIC | 187,149 | 436,904* | 79,228* | not reported | — | 10-KJul 31, 2026 |
| DAISadded: same SIC | 20 | 713 | (32)* | 68.0M | 0.6 quarters | 10-QSep 30, 2023 |
| Dogness (International)added: same SIC | 4,487 | year only | year only | not reported | — | 20-FJun 30, 2026 |
| Fuxing China Groupadded: same SIC | 22,401 | year only | year only | 17.2M | — | 20-FMar 31, 2025 |
Not investment advice. Not affiliated with the U.S. SEC.