Basanite, Inc. engages in the business of basalt fiber reinforced polymer. The company was founded on May 30, 2006 and is headquartered in Oakland Park, FL.
Company profile
Ticker
BASA
Exchange
Website
CEO
Richard Krolewski
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MMAX MEDIA, INC., Nevada Processing Solutions, PayMeOn, Inc.
SEC CIK
Corporate docs
Subsidiaries
Basalt America, LLC • Basanite Industries, LLC ...
IRS number
204959207
BASA stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
15 Apr 24
8-K
Departure of Directors or Certain Officers
12 Apr 24
NT 10-K
Notice of late annual filing
1 Apr 24
8-K
Departure of Directors or Certain Officers
5 Jan 24
10-Q
2023 Q3
Quarterly report
20 Nov 23
NT 10-Q
Notice of late quarterly filing
14 Nov 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
8-K
Entry into a Material Definitive Agreement
4 Aug 23
10-Q
2023 Q1
Quarterly report
22 May 23
10-K/A
2022 FY
Annual report (amended)
16 May 23
Latest ownership filings
4
Thomas Richmond
5 Jan 24
4
Thomas Richmond
1 Aug 23
4
Thomas Richmond
14 Apr 23
3
Thomas Richmond
14 Apr 23
3
Lisa H Gainsborg
25 Aug 22
3
Sergio Salani
19 Aug 22
4
Manuel Antonio Rodriguez
7 Jun 22
4
Frederick Henry Tingberg Jr
6 Jun 22
4
Ronald Joseph Sr. LoRicco
9 Mar 22
4
Paul M. Sallarulo
3 Feb 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 20 | Dec 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) | 115.27 k | 115.27 k | 115.27 k | 115.27 k | 115.27 k | 115.27 k |
Cash burn (monthly) | (no burn) | (no burn) | 112.35 k | 410.57 k | 97.22 k | (no burn) |
Cash used (since last report) | n/a | n/a | 774.88 k | 2.83 mm | 670.47 k | n/a |
Cash remaining | n/a | n/a | -659.60 k | -2.72 mm | -555.20 k | n/a |
Runway (months of cash) | n/a | n/a | -5.9 | -6.6 | -5.7 | n/a |
Institutional ownership, Q2 2023
0.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 7.30 mm |
Total shares | 179.00 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Bard Financial Services | 148.00 k | $7.30 mm |
Kendall Capital Management | 31.00 k | $2.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Jul 23 | Thomas Richmond | Options Common Stock | Grant | Acquire A | No | No | 0.045 | 4,000,000 | 180.00 k | 4,000,000 |
6 Apr 23 | Thomas Richmond | Common stock | Grant | Acquire A | No | No | 0 | 1,000,000 | 0.00 | 1,000,000 |