BASANITE, INC. Financial Summary

Quick Answer

BASANITE, INC. reported Total Revenue of $87.8 thousand for fiscal year 2018.

BASANITE, INC. — Key Financials by Year

Metric 2024 2023 2022 2021 2020 2019
Total Revenue
Net Income -$1.73M
+20.3%
-$2.17M
+72.8%
-$7.97M
+51.6%
-$16.48M
-292.4%
-$4.20M
+2.5%
-$4.31M
+27.1%
Diluted EPS -$0.01
+0.0%
-$0.01
+66.7%
-$0.03
Total Assets $265.7K
-52.1%
$554.7K
-39.7%
$919.2K
-82.4%
$5.21M
+83.0%
$2.85M
+15.7%
$2.46M
+382.4%
Cash and Equivalents $109.5K
-57.8%
$259.5K
+100.9%
$129.2K
+6.0%
Stockholders Equity -$8.83M
-24.1%
-$7.11M
-11.0%
-$6.41M
-3624.7%
$181.8K
+125.8%
-$704.1K
+31.5%
-$1.03M
+54.6%
Operating Income -$805.0K
+49.8%
-$1.60M
+62.3%
-$4.26M
+56.6%
-$9.80M
-228.1%
-$2.99M
+25.6%
-$4.01M
+9.5%
Gross Profit $262.5K
+105.5%
$127.8K
+119.1%
-$669.8K
+62.3%
-$1.78M
-66570.1%
$2.7K
+102.6%
-$101.1K
-3012.3%
Shares Outstanding 259.16M
+2.3%
253.22M
+0.0%
253.22M
+1.8%
248.84M
+10.7%
224.84M
+12.0%
200.74M
+30.2%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $1.5K -97.6% -96.0%
Net Income September 30, 2025 -$206.5K +44.8% +71.6%
Diluted EPS September 30, 2025 $0.00 +100.0%
Total Assets September 30, 2025 $125.2K -42.5% -32.0%
Cash and Equivalents September 30, 2022 $71.3K -94.6% +21.1%
Stockholders Equity September 30, 2025 -$9.96M -21.7% -2.1%
Operating Income September 30, 2025 -$284.0K -107.1% +39.8%
Gross Profit September 30, 2025 -$108.4K -441.7% -851.3%
Shares Outstanding September 30, 2025 267.56M +2.8% +0.0%
  • BASANITE, INC. reported Total Revenue of $87.8 thousand for fiscal year 2018.
  • BASANITE, INC. showed an increase of +808.9% in Total Revenue compared to the prior fiscal year.
  • BASANITE, INC. reported Net Income of -$1.73 million for fiscal year 2024.
  • BASANITE, INC. showed an increase of +20.3% in Net Income compared to the prior fiscal year.
  • BASANITE, INC. reported Diluted EPS of $0.01 per share (loss) for fiscal year 2024.
  • BASANITE, INC. showed an increase of +0.0% in Diluted EPS compared to the prior fiscal year.
  • BASANITE, INC. reported Total Assets of $265.7 thousand for fiscal year 2024.
  • BASANITE, INC. showed a decrease of -52.1% in Total Assets compared to the prior fiscal year.
  • BASANITE, INC. reported Cash and Equivalents of $109.5 thousand for fiscal year 2021.
  • BASANITE, INC. showed a decrease of -57.8% in Cash and Equivalents compared to the prior fiscal year.
  • BASANITE, INC. reported Stockholders Equity of -$8.83 million for fiscal year 2024.
  • BASANITE, INC. showed a decrease of -24.1% in Stockholders Equity compared to the prior fiscal year.
  • BASANITE, INC. reported Operating Income of -$805.0 thousand for fiscal year 2024.
  • BASANITE, INC. showed an increase of +49.8% in Operating Income compared to the prior fiscal year.
  • BASANITE, INC. reported Gross Profit of $262.5 thousand for fiscal year 2024.
  • BASANITE, INC. showed an increase of +105.5% in Gross Profit compared to the prior fiscal year.
  • BASANITE, INC. reported Shares Outstanding of 259.16 million shares for fiscal year 2024.
  • BASANITE, INC. showed an increase of +2.3% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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