BASANITE, INC.

BASA

BASANITE, INC.

BASA

Insider Sentiment (TTM):

Last Purchase:2021-05-17Last Sale:-Shares Purchased (TTM):0Shares Sold (TTM):0

Institutional Sentiment:

As of:2025-12-31Institutional Shares Owned:12,235,540Shares Outstanding:267,560,840Institutional Ownership Pct.:4.57%

Earnings Market Reaction:

Filing Date:2025-11-25Price on Filing Date:N/APrevious Close:N/A% Change:N/A

Companies in Miscellaneous Manufacturing Industries

BRC DAKT ODC AMCR VTSI HI

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Financial Statements

10‑Q10‑K

Values in Millions ($)	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31
Assets
Cash And Cash Equivalents At Carrying Value	-	-	-	-	-	-	-	-	-	-	0	0
Cash	0	0	0	0	0	0	0	0	0	0	-	0
Accounts Receivable Net Current	0	0	0	0	0	0	0	0	0	0	0	0
Assets Current
Assets Current	0	0	0	0	0	0	0	0	0	0	0	0
Prepaid Expense Current	-	0	-	-	-	0	-	-	0	0	0	0
Operating Lease Right Of Use Asset	-	-	-	-	-	-	-	-	-	-	-	0
Finance Lease Right Of Use Asset	-	-	-	-	-	0	0	0	0	0	0	0
Property Plant And Equipment Net	0	0	0	0	0	0	0	0	0	0	0	1
Assets Noncurrent	-	0	0	0	0	0	0	0	1	-	-	1
Noncurrent Assets	-	-	-	-	-	-	-	-	-	1	1	1
Assets	0	0	0	0	0	0	0	1	1	1	1	1
Liabilities And Stockhold…
Accounts Payable Current	2	2	2	2	2	2	2	2	2	2	2	2
Accrued Liabilities Current	3	3	3	2	2	2	1	1	1	1	1	0
Short Term Borrowings	0	-	-	-	-	-	-	-	-	-	-	-
Notes Payable To Bank Current	0	-	-	-	-	-	-	-	-	-	-	-
Liabilities Current
Liabilities Current	10	10	9	9	8	8	8	8	7	7	8	7
Notes Payable Current	0	0	0	0	0	0	0	0	0	0	0	0
Operating Lease Liability Current	-	-	-	-	-	-	0	0	0	0	0	0
Finance Lease Liability	-	0	-	-	-	-	-	-	-	-	-	-
Operating Lease Liability Noncurrent	-	-	-	-	-	-	-	-	-	-	-	0
Liabilities	10	10	9	9	8	8	8	8	7	7	8	7
Preferred Stock Value	0	0	0	-	-	0	-	-	-	-	-	-
Common Stock Value	0	0	0	0	0	0	0	0	0	0	0	0
Additional Paid In Capital	49	49	49	49	49	49	49	49	49	49	47	47
Retained Earnings Accumulated Deficit	-59	-59	-58	-58	-57	-57	-57	-56	-56	-55	-55	-54
Stockholders Equity	-10	-10	-9	-9	-8	-8	-8	-7	-6	-6	-7	-6
Liabilities And Stockholders Equity	0	0	0	0	0	0	0	1	1	1	1	1
Preferred Stock Par Or Stated Value Per Share	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001
Preferred Stock Shares Authorized	5	5	5	5	5	5	5	5	5	5	5	5
Preferred Stock Shares Issued	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Shares Outstanding	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock Shares Authorized	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000	1,000
Common Stock Par Or Stated Value Per Share	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001	0.001
Common Stock Shares Issued	268	268	260	259	260	260	260	259	253	-	253	253
Shares Outstanding	268	268	260	259	260	260	260	259	253	257	253	253

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10‑Q10‑K

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Interactive Financial Visualizations

10‑Q10‑K

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Earnings Market Reaction

10‑Q10‑K

Fiscal Year	Q1 1 Month	Q1 2 Month	Q1 3 Month	Q2 1 Month	Q2 2 Month	Q2 3 Month	Q3 1 Month	Q3 2 Month	Q3 3 Month	Q4 1 Month	Q4 2 Month	Q4 3 Month
2025	3.23%	22.58%	-3.23%	83.33%	33.33%	4.17%	24.24%	57.58%	48.48%	-	-	-
2024	-16.67%	-25.00%	-41.67%	50.00%	1000.00%	900.00%	116.67%	136.67%	46.67%	-6.67%	-33.33%	-11.11%
2023	20.00%	66.67%	43.33%	2.38%	-16.67%	-35.71%	-34.78%	-34.78%	-30.43%	-7.69%	-15.38%	-23.08%
2022	-	-	-	-	-	-	-	-	-	-2.70%	43.24%	16.22%
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Performance and Valuation Metrics

Metrics	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31
Liquidity Ratios
Current Ratio	0.00	0.01	0.00	0.01	0.00	0.01	0.01	0.01	0.03	0.03	0.03	0.03
Quick Ratio	0.00	0.01	0.00	0.01	0.00	0.01	0.01	0.01	0.02	0.01	0.01	0.01
Working Capital	-10.04M	-9.82M	-9.37M	-8.96M	-8.36M	-8.15M	-7.79M	-7.57M	-7.11M	-6.99M	-7.40M	-7.03M
Leverage & Debt
Debt to Equity	-1.01	-1.02	-1.01	-1.03	-1.03	-1.06	-1.00	-1.08	-1.20	-1.17	-1.12	-1.14
Interest Coverage TTM	-1.35	-1.20	-0.91	-0.87	-1.13	-1.44	-2.18	-2.83	-3.60	-5.10	-6.50	-8.31
Debt Ratio	80.49	53.93	84.61	34.22	38.58	18.84	17.66	13.82	9.74	9.57	9.15	7.97
Efficiency & Turnover
Asset Turnover TTM	0.39	0.41	0.64	0.51	0.43	0.25	0.09	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding TTM	224.22	-	-	79.38	68.91	107.15	321.09	-	-	-	-	-
Receivables Turnover TTM	1.63	-	-	4.60	5.30	3.41	1.14	0.00	0.00	0.00	0.00	0.00
Per Share Metrics
Diluted EPS TTM	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	-0.02	-0.02
Free Cash Flow Per Share TTM	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.01	-0.02	-0.01	-0.02
Dividend Per Share TTM	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Margin Metrics
Gross Profit Margin TTM	56.64%	138.44%	124.12%	125.51%	57.82%	57.90%	147.36%	-	-	-	-	-
Operating Profit Margin TTM	-1,987.47%	-927.07%	-503.37%	-384.84%	-410.76%	-723.75%	-2,292.17%	-	-	-	-	-
Net Profit Margin TTM	-2,991.14%	-1,696.86%	-1,058.31%	-826.77%	-796.75%	-1,224.69%	-3,345.53%	-	-	-	-	-
Growth Metrics
Net Revenue Growth (1Y)	-67.75%	-12.00%	198.91%	-	-	-	-	-	-	-	-	-
Net Income Growth (1Y)	21.07%	21.93%	-5.44%	-20.28%	-31.51%	-30.95%	-49.26%	-56.37%	-75.52%	-76.30%	-70.59%	-69.83%
EPS Growth (1Y)	17.72%	21.93%	-5.81%	-21.30%	-31.77%	-32.61%	-50.42%	-57.27%	-76.09%	-76.50%	-70.94%	-71.75%
Valuation Metrics
P/E TTM	-4.51	-4.88	-6.23	-9.03	-4.68	-1.60	-1.56	-1.66	-4.37	-4.79	-2.91	-2.43
P/B TTM	-0.91	-1.09	-1.26	-1.77	-0.95	-0.37	-0.40	-0.51	-1.73	-2.03	-1.67	-1.88
P/S TTM	134.85	82.83	65.88	74.62	37.31	19.56	52.31	-	-	-	-	-
Market Cap	9.10M	10.67M	11.71M	15.61M	7.80M	2.86M	3.11M	3.60M	10.63M	12.44M	11.39M	12.07M
Enterprise Value	9.84M	10.83M	11.97M	15.84M	8.07M	3.07M	3.38M	3.81M	10.78M	12.70M	11.66M	12.35M
Calculated Values
Free Cash Flow TTM	-657.41K	-683.01K	-346.85K	-401.03K	-565.95K	-722.74K	-1.10M	-1.06M	-3.35M	-3.92M	-3.66M	-4.21M
Net Debt	745.00K	160.83K	263.05K	227.38K	267.67K	207.82K	266.21K	214.75K	155.43K	263.08K	268.76K	273.90K
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2021-05-17Purchase

Owner: Loricco, Ronald Joseph Sr…

Title: -

Shares: 6,600,007

Price/Share: $0.12

Value: $792,000.84

Shares Owned: 4,625,004

Relationship: Director,TenPercentOwner

Ownership: Indirect

2021-05-17Purchase

Owner: Barbera, Michael Vito

Title: -

Shares: 2,475,002

Price/Share: $0.12

Value: $297,000.24

Shares Owned: 8,579,719

Relationship: Director

Ownership: Direct

2020-11-20Purchase

Owner: Loricco, Ronald Joseph Sr…

Title: -

Shares: 11,632

Price/Share: $0.20

Value: $2,326.40

Shares Owned: 31,646,367

Relationship: Director,TenPercentOwner

Ownership: Indirect

2019-12-10Purchase

Owner: Barbera, Isabella

Title: Chief Financial Officer

Shares: 45,000

Price/Share: $0.22

Value: $9,900.00

Shares Owned: 52,950

Relationship: Officer

Ownership: Direct

2019-11-27Purchase

Owner: Barbera, Michael Vito

Title: -

Shares: 19,000

Price/Share: $0.25

Value: $4,750.00

Shares Owned: 4,509,000

Relationship: Director

Ownership: Direct

Filed Date	Owner	Relationship	Title	Ownership	Purchase/Sale	No. Shares	Price Per Share	Value	Shares Owned	Document Type
2021-05-17	Loricco, Ronald Joseph Sr…	Director,TenPercentOwner	-	Indirect	Purchase	6,600,007	0.12	$792,000.84	4,625,004	4
2021-05-17	Barbera, Michael Vito	Director	-	Direct	Purchase	2,475,002	0.12	$297,000.24	8,579,719	4
2020-11-20	Loricco, Ronald Joseph Sr…	Director,TenPercentOwner	-	Indirect	Purchase	11,632	0.20	$2,326.40	31,646,367	4
2019-12-10	Barbera, Isabella	Officer	Chief Financial Officer	Direct	Purchase	45,000	0.22	$9,900.00	52,950	4
2019-11-27	Barbera, Michael Vito	Director	-	Direct	Purchase	19,000	0.25	$4,750.00	4,509,000	4
2019-09-10	Barbera, Michael Vito	Director	-	Direct	Purchase	40,000	0.12	$4,800.00	4,490,000	4
2019-05-09	Loricco, Ronald Joseph Sr…	Director,TenPercentOwner	-	Indirect	Purchase	6,000,000	0.06	$360,000.00	29,283,333	4
2019-04-16	Barbera, Michael Vito	Director	-	Direct	Purchase	20,000	0.43	$8,600.00	3,420,000	4
2019-03-15	Sallarulo, Paul M.	Director	-	Direct	Purchase	2,000,000	0.05	$100,000.00	3,583,333	4
2019-02-27	Barbera, Michael Vito	Director	-	Direct	Purchase	1,000,000	-	-	3,400,000	4
2018-10-29	Loricco, Ronald Joseph Sr…	Director,TenPercentOwner	-	Indirect	Purchase	4,000,000	0.05	$200,000.00	25,283,333	4
2018-09-27	Loricco, Ronald Joseph Sr…	Director,TenPercentOwner	-	Indirect	Purchase	666,666	0.08	$53,333.28	1,066,666	4
2018-08-17	Loricco, Ronald Joseph Sr…	Director,TenPercentOwner	-	Indirect	Purchase	666,666	0.08	$53,333.28	1,066,666	4
2018-08-15	Loricco, Ronald Joseph Sr…	Director,TenPercentOwner	-	Indirect	Purchase	1,333,333	0.08	$106,666.64	20,083,333	4
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Institutional Ownership

No data available for chart

2025-12-31

4.57%

Inst. Shares: 12,235,540

Shares Outstanding: 267,560,840

2025-09-30

6.25%

Inst. Shares: 16,717,574

Shares Outstanding: 267,560,840

2025-06-30

0.02%

Inst. Shares: 56,000

Shares Outstanding: 260,156,796

2025-03-31

0.02%

Inst. Shares: 56,000

Shares Outstanding: 260,156,796

2024-12-31

0.02%

Inst. Shares: 56,000

Shares Outstanding: 260,156,796

Date	Institutional Shares Owned	Shares Outstanding	Institutional Ownership %
2025-12-31	12,235,540	267,560,840	4.57%
2025-09-30	16,717,574	267,560,840	6.25%
2025-06-30	56,000	260,156,796	0.02%
2025-03-31	56,000	260,156,796	0.02%
2024-12-31	56,000	260,156,796	0.02%
2024-09-30	31,000	260,156,796	0.01%
2024-06-30	179,000	260,156,796	0.07%
2024-03-31	179,000	259,160,129	0.07%
2023-12-31	179,000	256,834,618	0.07%
2023-09-30	179,000	259,156,796	0.07%
2023-06-30	179,000	253,884,069	0.07%
2023-03-31	179,000	253,217,402	0.07%
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BASANITE, INC. (BASA) — SEC Financial Statements & Analysis

BASANITE, INC. (BASA) is a miscellaneous manufacturing industries company, incorporated in NV. BASANITE, INC. trades on OTC, CBOE as: BASA, PAYM. Based on its latest SEC filing (Form 10-Q, period ending 2025-09-30), BASANITE, INC. reported a -67.75% year-over-year revenue growth, a Gross Profit Margin of 56.64% (TTM), a Debt-to-Equity ratio of -1.01x, a Price-to-Sales (P/S) ratio of 134.85x (TTM), a Price-to-Book (P/B) ratio of -0.91 (TTM), at a market cap of $9.10M. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y: -67.75%
Gross Profit Margin TTM: 56.64%
Debt To Equity: -1.01x
P/S TTM: 134.85x
P/B TTM: -0.91
Market Cap: $9.10M

Data as of 2025-09-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is BASANITE, INC. in?

BASANITE, INC. (BASA) operates in the Miscellaneous Manufacturing Industries industry.

What is BASA's market cap?

BASANITE, INC. (BASA) has a market capitalization of $9.10M as of 2025-09-30.

What exchange does BASA trade on?

BASANITE, INC. (BASA) trades on the OTC, CBOE.

Where is BASANITE, INC. incorporated?

BASANITE, INC. is incorporated in NV.

BASANITE, INC. (BASA) — SEC Financial Statements & Analysis

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