LZG International, Inc. (“the Company”) is a Florida company that was incorporated on May 22, 2000. To date, the Company has not paid any dividends and does not anticipate dividends to be paid in the foreseeable future. The Company’s original business model intended to establish an online grocery solution. A wholly owned Canadian subsidiary, LazyGrocer.Com Corp., was established as part of this model, but was dissolved in 2001.
Company profile
Ticker
LZGI
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global • Gen Digital • Activision Blizzard • BlackBerry • Vmware • Adobe • Ceridian HCM Holding • McAfee ...
Former names
LAZYGROCER COM
SEC CIK
Corporate docs
IRS number
980234906
Latest filings (excl ownership)
10-Q
2023 Q2
Quarterly report
23 Jan 23
NT 10-Q
Notice of late quarterly filing
17 Jan 23
8-K
FatBrain Acquires UK-based Forecasting Innovator Predictive Black To Help SMEs Optimize Cash Management
16 Nov 22
10-Q
2022 Q1
Quarterly report
17 Oct 22
8-K
Other Events
14 Oct 22
8-K
Entry into a Material Definitive Agreement
27 Sep 22
10-K
2022 FY
Annual report
13 Sep 22
8-K/A
Changes in Registrant's Certifying Accountant
13 Sep 22
8-K
Changes in Registrant's Certifying Accountant
9 Sep 22
NT 10-K
Notice of late annual filing
29 Aug 22
Financial summary
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| Diluted EPS |
| Annual (USD) | May 22 | May 21 | May 20 | May 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 531.46 k | 531.46 k | 531.46 k | 531.46 k | 531.46 k | 531.46 k |
| Cash burn (monthly) | 145.37 k | (no burn) | 1.23 mm | 693.10 k | (no burn) | 36.21 k |
| Cash used (since last report) | 560.83 k | n/a | 4.76 mm | 2.67 mm | n/a | 139.71 k |
| Cash remaining | -29.37 k | n/a | -4.23 mm | -2.14 mm | n/a | 391.75 k |
| Runway (months of cash) | -0.2 | n/a | -3.4 | -3.1 | n/a | 10.8 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 9 May 22 | Michael T. Moe | Common Stock | Grant | Acquire A | No | No | 0 | 9,000,000 | 0.00 | 9,000,000 |
| 9 May 22 | Peter Benjamin Ritz | Common Stock | Grant | Acquire A | No | No | 0 | 20,240,000 | 0.00 | 30,240,000 |
Press releases
FatBrain Is Providing Real-Time Strategic Cash Management For SMEs
2 Feb 23
FatBrain AI (LZG International, Inc., OTCQB: LZGI) Shareholder Update, Including 184% Q/Q Growth Momentum
23 Jan 23
How FatBrain AI Is Helping Protect Small Businesses From Ransomware Attacks
23 Jan 23
How FatBrain Is Giving Small Businesses A Competitive Edge In Big Data
28 Dec 22