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OTC · Consumer discretionary

Basanite, Inc. (BASA)

It posted a net loss of $2M. At September 30, 2025 it held $0 in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 25, 2025.

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Price
$0.02
-4.17% on the day · September 25, 2026
52-week range $0.01 to $0.07
Market cap
$6.2M

What Basanite, Inc. does

Basanite, Inc. is registered with the SEC under industry code SIC 3990 (Miscellaneous Manufacturing Industries). Its shares trade on OTC under the ticker BASA.

Revenue and profit by year

Revenue
FY17: $9.7K $9.7K FY17FY18: $87.8K $87.8K FY18
Net income
FY17: -$2.9M -$2.9M FY17FY18: -$5.9M -$5.9M FY18FY19: -$4.3M -$4.3M FY19FY20: -$4.2M -$4.2M FY20FY21: -$16.5M -$16.5M FY21FY22: -$8M -$8M FY22FY23: -$2.2M -$2.2M FY23FY24: -$1.7M -$1.7M FY24

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2024n/a-$805K-$1.7M-$0.01n/a
2023n/a-$1.6M-$2.2M-$0.01n/a
2022n/a-$4.3M-$8M-$0.03-$3M
2021n/a-$9.8M-$16.5M-$0.07-$6.9M
2020n/a-$3M-$4.2M-$0.02-$3.1M
2019n/a-$4M-$4.3M-$0.02-$3M

Full financial statements: income, balance sheet and cash flow

Latest SEC filings

What Basanite, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. June 25, 2026
  2. June 5, 2026
  3. March 31, 2026
  4. November 25, 2025
    Quarterly report 10-Q · period to September 30, 2025Revenue fell 98% to $1.5K versus the same quarter last year; diluted EPS $0.00 versus -$0.03.
  5. November 17, 2025
  6. October 16, 2025
  7. August 19, 2025
  8. August 19, 2025
    Quarterly report 10-Q · period to June 30, 2025Revenue fell 56% to $38K versus the same quarter last year; diluted EPS $0.00 versus $0.00.
  9. August 15, 2025
  10. August 14, 2025

Recent insider filings (Forms 3, 4 and 144): 10, the latest on October 8, 2024. Insider transactions on SEC

All filings on SEC EDGAR

Questions about BASA

What does Basanite, Inc. do?

Basanite, Inc. is registered with the SEC under industry code SIC 3990 (Miscellaneous Manufacturing Industries). Its shares trade on OTC under the ticker BASA.

Is Basanite, Inc. profitable?

No. Over the twelve months to September 30, 2025 it reported a net loss of $2M.

When did Basanite, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on November 25, 2025. It covers the period to September 30, 2025. Its newest filing of any kind is the deregistration from June 25, 2026.

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Where the numbers come from

Financial figures are the values Basanite, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.