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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