Hero Technologies Inc. is a cannabis company with a vertically-integrated business model. The company has a majority stake in BlackBox Systems and Technologies LLC, an aeroponic cannabis cultivation system that provides optimal growing conditions to enhance photosynthesis and cultivation of large flowering plants, creating increased harvest efficiencies. The company's business plan includes cannabis genetic engineering, farmland for both medical and recreational cannabis cultivation, production licenses, distribution licenses, consumer packaging and retail operations, and dispensaries that make the company a multi-state operator (MSO).
Company profile
Ticker
HENC
Exchange
Website
CEO
Mark Ellis Stevenson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Dujour Products, Inc., Endeavor Energy CORP, Holloman Energy CORP, HOLLOMAN ENERGY CORP
SEC CIK
Corporate docs
Subsidiaries
Blackbox Technologies and Systems LLC • MassCannabis LLC ...
IRS number
770643398
HENC stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
5 Dec 23
10-Q
2023 Q3
Quarterly report
16 Nov 23
NT 10-Q
Notice of late quarterly filing
14 Nov 23
10-Q
2023 Q2
Quarterly report
21 Aug 23
NT 10-Q
Notice of late quarterly filing
15 Aug 23
10-Q
2023 Q1
Quarterly report
18 May 23
NT 10-Q
Notice of late quarterly filing
16 May 23
10-K
2022 FY
Annual report
31 Mar 23
EFFECT
Notice of effectiveness
22 Dec 22
CORRESP
Correspondence with SEC
19 Dec 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 15 | Dec 14 | |
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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) | 82.01 k | 82.01 k | 82.01 k | 82.01 k | 82.01 k | 82.01 k |
Cash burn (monthly) | 5.40 k | 3.88 k | (no burn) | (no burn) | 22.27 k | 8.88 k |
Cash used (since last report) | 35.98 k | 25.90 k | n/a | n/a | 148.46 k | 59.24 k |
Cash remaining | 46.04 k | 56.11 k | n/a | n/a | -66.45 k | 22.77 k |
Runway (months of cash) | 8.5 | 14.4 | n/a | n/a | -3.0 | 2.6 |