GenFlat is a start-up company that developed a more sustainable collapsible marine container to replace traditional standard marine containers. GenFlat operates as a marine container sales and leasing company and supplies GenFlat’s patented marine container primarily to shipping line customers under a variety of short and long-term lease structures. We have one rental agreement in place with our sole customer for use of GenFlat containers, and we have generated nominal revenue to date pursuant to this rental agreement. Our business prospects are difficult to predict because of our limited operating history, early stage of development, and unproven business strategy. Although our management believes that our current business plan has significant potential, our Company may never attain profitable operations and our management may not succeed in realizing its business objectives. If we are not able to execute our business plan as anticipated, our Company may not be able to achieve profitability, and you may lose your entire investment in our securities.
Company profile
Ticker
GFLT, GFLT
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Amgen • GE Vernova • Gilead Sciences • Apollo Global Management • ADT • Li Auto • Informatica • NIO • Opendoor • GoHealth ...
Former names
Gritstone Oncology, Inc.
SEC CIK
Corporate docs
Subsidiaries
Parent Company • Collapsible Revolution, LLC • Suboceanic Genflat, LLC ...
IRS number
843639946
Latest filings (excl ownership)
10-K
2024 FY
Annual report
30 Sep 24
NT 10-K
Notice of late annual filing
30 Sep 24
D
$7.20 mm in equity, sold $200.00 k, 1 investor
31 May 24
10-Q
2024 Q3
Quarterly report
15 May 24
10-Q
2024 Q2
Quarterly report
15 Feb 24
NT 10-Q
Notice of late quarterly filing
15 Feb 24
DEF 14C
Information statement
5 Feb 24
8-K
Changes in Registrant's Certifying Accountant
2 Feb 24
8-K/A
Entry into a Material Definitive Agreement
2 Feb 24
PRE 14C
Preliminary information
25 Jan 24
Latest ownership filings
SC 13D
Bellehumeur Alex
14 Feb 24
SC 13G/A
Meraki Partners, LLC
14 Feb 24
SC 13D
Hall Drew Dunkley
14 Feb 24
SC 13G
Maggio Joseph John
14 Feb 24
SC 13G/A
Epstein Stephen A
14 Feb 24
3
Linda Dyer Bellehumeur
2 Jan 24
3
Joseph John Maggio
2 Jan 24
3
Garrett Ryan Hall
2 Jan 24
3
Drew Dunkley Hall
2 Jan 24
SC 13G/A
Epstein Stephen A
14 Feb 23
Financial summary
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Diluted EPS |
Annual (USD) | Jun 24 | Feb 23 | Feb 22 | Feb 21 | |
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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) | 38.97 k | 38.97 k | 38.97 k | 38.97 k | 38.97 k | 38.97 k |
Cash burn (monthly) | 34.56 k | (no burn) | 108.35 k | 94.43 k | 136.23 k | 101.03 k |
Cash used (since last report) | 126.33 k | n/a | 396.05 k | 345.18 k | 497.95 k | 369.28 k |
Cash remaining | -87.35 k | n/a | -357.08 k | -306.20 k | -458.98 k | -330.31 k |
Runway (months of cash) | -2.5 | n/a | -3.3 | -3.2 | -3.4 | -3.3 |
Institutional ownership, Q1 2021
0.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 3.50 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Meraki Partners | 3.50 mm | $0.00 |