Basanite, Inc.
Basanite, Inc. (BASA) Financial Performance & Income Statement Overview
Review Basanite, Inc. (BASA) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Basanite, Inc. (BASA) Income Statement & Financial Overview
Review Basanite, Inc. BASA income statement with detailed quarterly and annual figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $27974.00 | $225549.00 | $62836.00 | $86891.00 |
| Cost of Revenue | $14759.00 | $106612.00 | $31127.00 | $30194.00 |
| Gross Profit | $13215.00 | $118937.00 | $31709.00 | $56697.00 |
| Gross Profit Ratio | $0.47 | $0.53 | $0.50 | $0.65 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $201861.00 | $559313.00 | $168856.00 | $228935.00 |
| Operating Expenses | $201861.00 | $559313.00 | $168856.00 | $228935.00 |
| Total Costs & Expenses | $216620.00 | $665925.00 | $199983.00 | $259129.00 |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | -$250549.00 | $248161.00 | $192930.00 | $250943.00 |
| Depreciation & Amortization | $0.00 | $28870.00 | $28854.00 | $63582.00 |
| EBITDA | -$188646.00 | -$367231.00 | -$152208.00 | -$108656.00 |
| EBITDA Ratio | -$6.74 | -$1.63 | -$2.42 | -$1.25 |
| Operating Income | -$188646.00 | -$440376.00 | -$137147.00 | -$172238.00 |
| Operating Income Ratio | -$6.74 | -$1.95 | -$2.18 | -$1.98 |
| Other Income/Expenses (Net) | -$250549.00 | -$203889.00 | -$236845.00 | -$250943.00 |
| Income Before Tax | -$439195.00 | -$644265.00 | -$373992.00 | -$423181.00 |
| Income Before Tax Ratio | -$15.70 | -$2.86 | -$5.95 | -$4.87 |
| Income Tax Expense | $0.00 | -$1.00 | $0.00 | $0.00 |
| Net Income | -$439195.00 | -$644265.00 | -$373992.00 | -$423181.00 |
| Net Income Ratio | -$15.70 | -$2.86 | -$5.95 | -$4.87 |
| EPS | -$0.02 | -$0.002 | -$0.001 | -$0.002 |
| Diluted EPS | -$0.02 | -$0.002 | -$0.001 | -$0.002 |
| Weighted Avg Shares Outstanding | $260.16M | $260.16M | $260.16M | $260.26M |
| Weighted Avg Shares Outstanding (Diluted) | $260.16M | $260.16M | $260.16M | $260.16M |
Over the last four quarters, Basanite, Inc.'s revenue moved from $86891.00 in Q2 2024 to $27974.00 in Q1 2025. Operating income in Q1 2025 was -$188646.00, with a strong operating margin of -674%. Despite fluctuations in R&D and SG&A expenses, EBITDA for Basanite, Inc. remained robust at -$188646.00, reflecting operational efficiency. Net income rose to -$439195.00, with an EPS of -$0.02. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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