On October 25, 2019, Resonate Blends Inc. (Formerly Textmunication Holdings Inc.) announced its entry into the cannabis industry by acquiring Resonate Blends LLC (“Resonate” or the “Company”); a California-based cannabis wellness lifestyle product company built on a proprietary system of experiential targets. Resonate is building a brand-focused vertically integrated cannabis organization offering trusted brands of consistent quality. The Company also acquired Entourage Labs LLC (“Entourage Labs”), a sister company of Resonate. Entourage Labs is the Intellectual Property (IP) subsidiary of Resonate.
Company profile
Ticker
KOAN
Exchange
Website
CEO
Wais Asefi
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
Former names
BROCK CONTROL SYSTEMS INC, BROCK INTERNATIONAL INC, FIRSTWAVE TECHNOLOGIES INC, Textmunication Holdings, Inc.
SEC CIK
Corporate docs
IRS number
581588291
KOAN stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
20 Mar 24
8-K
Entry into a Material Definitive Agreement
7 Mar 24
8-K
Entry into a Material Definitive Agreement
26 Feb 24
8-K
Other Events
13 Dec 23
10-Q
2023 Q3
Quarterly report
20 Nov 23
NT 10-Q
Notice of late quarterly filing
14 Nov 23
8-K
Entry into a Material Definitive Agreement
23 Aug 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
8-K
Entry into a Material Definitive Agreement
23 Jun 23
10-Q
2023 Q1
Quarterly report
22 May 23
Latest ownership filings
SC 13G/A
AJB Capital Investments LLC
25 Jan 24
SC 13G
AJB Capital Investments LLC
20 Mar 23
SC 13G
FirstFire Global Opportunities Fund LLC
27 Jul 22
SC 13G
GS Capital Partners, LLC
20 Jul 22
3
Richard Hoge
25 Jun 21
SC 13G
Hoge Richard
25 Jun 21
3
Geoffrey Selzer
20 Apr 20
3
Pamela Kerwin
20 Apr 20
SC 13D
Textmunication Holdings, Inc.
1 Apr 19
SC 13D
Textmunication Holdings, Inc.
1 Apr 19
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) | 588.00 | 588.00 | 588.00 | 588.00 | 588.00 | 588.00 |
Cash burn (monthly) | 557.33 | 22.85 k | 15.66 k | 36.09 k | 8.89 k | (no burn) |
Cash used (since last report) | 3.31 k | 135.85 k | 93.08 k | 214.50 k | 52.85 k | n/a |
Cash remaining | -2.72 k | -135.26 k | -92.49 k | -213.91 k | -52.26 k | n/a |
Runway (months of cash) | -4.9 | -5.9 | -5.9 | -5.9 | -5.9 | n/a |
Institutional ownership, Q4 2022
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
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