BASA — BASANITE, INC.

OTC · Unknown · Unknown · CIK 1448705 ·
Last close
$0.02
Market Cap
$5.62M
52W High
$0.04
52W Low
$0.02
ADV30
140,360
Next earnings
Basanite, Inc., through its subsidiary, Basanite Industries, LLC, manufactures and sells basalt fiber reinforced polymer (BFRP) reinforcing bar products for the construction industry worldwide. It provides BasaFlex, a BFRP reinforcing bar; BasaMix, which are fine denier basalt fibers; and BasaMesh, a line of basalt geogrid mesh rolls to replace welded wire mesh. The company's BFRP products are used for concrete reinforcement and steel reinforcement, as well as a replacement for other FRP rebar and industry established fiber products. It sells its products through third-party distribution partners. The company was formerly known as PayMeOn, Inc. and changed its name to Basanite, Inc. in December 2018. Basanite, Inc. was founded in 2006 and is based in Pompano Beach, Florida.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Sep 2025 1,513 -108,365 -283,981 -206,538 125,239 0 10,080,382
Jun 2025 37,972 14,424 -471,641 -727,796 184,191 109,171 9,932,796
Mar 2025 27,974 13,215 -188,646 -439,195 110,820 6,946 9,375,962
Dec 2024 225,549 118,937 -440,376 -644,265 265,709 82,222 9,091,656

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$-657,414
Investing CF
$0
Financing CF
$655,088
CapEx
Dividends Paid
Buybacks
EPS Diluted TTM
$-0.05
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-59,365,314
Inventory
Receivables
$43,349
ST Investments
EBIT TTM
$-1,069,229
Pretax Income TTM
$-2,017,794
Interest Exp TTM
$948,565
Analysts

Yahoo Snapshot (yfinance, live)

Total Revenue
$293,008
EBITDA
$-1,269,356
Free Cash Flow
$-494,664
Enterprise Value
Total Cash
Total Debt
$5,572,445
Shares Out
267,560,840
Trailing EPS
$0.00
Book Value
$-0.04
ROE
ROA
-504.6%
Div Yield

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2024 434,725 -804,985 -1,729,396 265,709 9,091,656 -401,026
Dec 2023 376,096 -1,602,950 -2,169,379 554,656 7,666,207 -1,055,849
Dec 2022 1,356,165 -4,255,716 -4,971,799 919,178 7,325,616 -2,830,650
Dec 2021 193,194 -9,795,562 -16,477,823 5,211,286 5,029,528 -4,507,418

News headlines (Yahoo Finance, 1h cache)

Basanite Industries, Inc. Provides Corporate Update
2025-09-02 15:00 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.