The Company is in the health-tech wearable performance business. The Company has acquired all of the ownership and the rights to certain late, developmental stage, WarmUp products. WarmUp are cutting edge, innovative, wearable, back compression devices. The therapeutic application of heat causes a change in temperature of the soft tissues which decreases joint stiffness and relieves inflammation.
Company profile
Ticker
FORZ, FORZ
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Genesys Industries, Inc.
SEC CIK
Latest filings (excl ownership)
NT 10-Q
Notice of late quarterly filing
14 Feb 24
10-Q
2024 Q1
Quarterly report
12 Feb 24
10-K
2023 FY
Annual report
17 Jan 24
NT 10-K
Notice of late annual filing
28 Sep 23
8-K
FORZ delivers a crucial update on its corporate trajectory and strategic determinations in response to the challenges posed by convertible debt
12 Sep 23
10-Q
2023 Q3
Quarterly report
22 May 23
NT 10-Q
Notice of late quarterly filing
15 May 23
DEF 14C
Information statement
24 Apr 23
PRE 14C
Preliminary information
12 Apr 23
8-K
Forza Innovations Inc. Announces Patent Filing For Its Updated Heated Back Warmer Device
23 Feb 23
Financial summary
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Annual (USD) | Jun 23 | Jun 22 | Jun 21 | Jun 20 | |
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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 |
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Cash on hand (at last report) | ||||||
Cash burn (monthly) | 4.21 k | 1.05 k | (no burn) | 77.22 k | 14.21 k | 63.63 k |
Cash used (since last report) | 40.50 k | 10.13 k | n/a | 742.42 k | 136.64 k | 611.73 k |
Cash remaining | -40.50 k | -10.13 k | n/a | -742.42 k | -136.64 k | -611.73 k |
Runway (months of cash) | -9.6 | -9.6 | n/a | -9.6 | -9.6 | -9.6 |