FISION Corp. engages in the provision of proprietary cloud-based software solutions to automate the marketing functions and activities of its customers. Its primary product offering is the Fision platform, a marketing software that collects, stores, prioritizes, organizes, streamlines, integrates and distributes the numerous digital marketing assets of customers including videos, images, logos and other brand materials, presentations, social media content, and any other material marketing assets. The company was founded by Michael P. Brown in 2010 and is headquartered in Minneapolis, MN.
Company profile
Ticker
FSSN
Exchange
Website
CEO
Michael P. Brown
Employees
Location
Fiscal year end
Industry (SIC)
Former names
DE Acquisition 6, Inc.
SEC CIK
FSSN stock data
Latest filings (excl ownership)
10-Q
2022 Q1
Quarterly report
23 Jan 23
10-K
2021 FY
Annual report
3 Jan 23
8-K
Departure of Directors or Certain Officers
22 Sep 22
NT 10-K
Notice of late annual filing
31 Mar 22
8-K
Departure of Directors or Certain Officers
22 Dec 21
10-Q
2021 Q3
Quarterly report
23 Nov 21
NT 10-Q
Notice of late quarterly filing
15 Nov 21
8-K
Independent Auditor’s Report
23 Aug 21
10-Q
2021 Q2
Quarterly report
16 Aug 21
8-K
Entry into a Material Definitive Agreement
1 Jun 21
Financial summary
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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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) | 44.73 k | 44.73 k | 44.73 k | 44.73 k | 44.73 k | 44.73 k |
| Cash burn (monthly) | 108.42 k | (no burn) | 48.27 k | 100.27 k | 30.86 k | 81.39 k |
| Cash used (since last report) | 1.12 mm | n/a | 498.00 k | 1.03 mm | 318.35 k | 839.71 k |
| Cash remaining | -1.07 mm | n/a | -453.26 k | -989.68 k | -273.62 k | -794.98 k |
| Runway (months of cash) | -9.9 | n/a | -9.4 | -9.9 | -8.9 | -9.8 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 21 | Greg Nagel | Common Stock | Grant | Acquire A | No | No | 0.022 | 568,182 | 12.50 k | 7,130,770 |
| 30 Sep 21 | Greg Nagel | Common Stock | Grant | Acquire A | No | No | 0.0287 | 435,540 | 12.50 k | 6,562,588 |
| 30 Jun 21 | Greg Nagel | Common Stock | Grant | Acquire A | No | No | 0.0297 | 420,875 | 12.50 k | 6,127,048 |