Company research
Stemtech Corp
CIK 1511820Updated Sep 24, 2026
SecuritySTEK · OTC · equity
Historical securities (1)
GNTW · NYSE_AMERICAN · equity · closed Apr 13, 2022Name history
Globe Net Wireless Corp. · through Sep 21, 2021
STEK price & chart
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Recent filings
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Financials
FY 2025 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 3,149,614Source | 3,782,245Source | 3,683,271Source | 4,266,941Source |
| Property, Plant and Equipment, NetUSD | — | 0Source | 10,056Source | — |
| GoodwillUSD | 467,409Source | 467,409Source | 467,409Source | 467,409Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 2,208,663Source | 2,376,158Source | 2,710,568Source | 2,994,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | — | — | 132,487Source |
| Accounts Receivable | — | — | — | — |
| Inventory, NetUSD | 217,338Source | 197,355Source | 48,325Source | 158,053Source |
| Assets, CurrentUSD | 457,062Source | 921,746Source | 400,710Source | 612,370Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,479Source | 199,344Source | 176,725Source | 287,063Source |
| Operating Lease, Right-of-Use AssetUSD | 0Source | 0Source | 70,820Source | 142,801Source |
| Other Assets, NoncurrentUSD | 0Source | 0Source | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 10,587,013Source | 9,009,049Source | 6,462,036Source | 7,438,859Source |
| Commitments and ContingenciesUSD | 267,000Source | — | — | — |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 425,981Source | 135,756Source | 104,989Source | 53,442Source |
| Additional Paid in CapitalUSD | 27,632,897Source | 26,357,396Source | 24,726,722Source | — |
| Retained Earnings (Accumulated Deficit)USD | -34,877,757Source | -30,831,052Source | -27,061,486Source | -21,631,241Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -139,757Source | -146,277Source | 190,503Source | -247,760Source |
| Stockholders' Equity Attributable to ParentUSD | -6,958,636Source | -4,484,176Source | -2,039,272Source | -2,434,159Source |
| Additional Paid in Capital, Common StockUSD | — | — | — | 19,391,400Source |
| Liabilities and EquityUSD | 3,149,614Source | 3,782,245Source | 3,683,271Source | 4,266,941Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 10,587,013Source | 9,009,049Source | 6,462,036Source | 7,415,791Source |
| Operating Lease, Liability, CurrentUSD | — | 0Source | 66,866Source | 119,065Source |
| Operating Lease, Liability, NoncurrentUSD | 0Source | 0Source | 0Source | 23,068Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -745,763Source | -742,628Source | -739,493Source | -737,759Source |
| Additional Financial Items | ||||
| Deferred Revenue, CurrentUSD | 171,485Source | 1,463Source | 56,039Source | 39,170Source |
| Long-term DebtUSD | 4,162,199Source | 3,815,584Source | 3,486,281Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -4,049,840Source | -3,772,701Source | -5,431,979Source | -8,632,828Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 167,495Source | 344,466Source | 587,797Source | 447,386Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 439,054Source | 440,256Source | 439,054Source | 3,996,187Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -269,749Source | 208,255Source | 26,727Source | 24,047Source |
| Increase (Decrease) in InventoriesUSD | 19,983Source | 149,030Source | -109,728Source | -278,352Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -483,583Source | -601,198Source | -2,036,012Source | -1,216,948Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 0Source | 0Source | — | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | 0Source | 0Source | — | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 460,010Source | 1,079,110Source | 1,579,428Source | 338,734Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -17,053Source | 141,132Source | -18,321Source | -695,719Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 238,245Source | 255,298Source | 114,166Source | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 0Source | 6,821Source | 6,821Source | 36,205Source |
| Income Taxes Paid, NetUSD | 0Source | 0Source | 0Source | 0Source |
| Additional Financial Items | ||||
| Derivative, Gain (Loss) on Derivative, NetUSD | 0Source | 0Source | 1,488,686Source | -3,223,271Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | 0Source | 0Source | — | — |
| Gain (Loss) on Sale of DerivativesUSD | 0Source | 0Source | — | — |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | — | — | 1,366,298Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | 107,733Source | 814,132Source | 3,799,356Source |
| General and Administrative ExpenseUSD | 4,554,312Source | 5,233,823Source | 6,439,537Source | 6,837,964Source |
| GoodwillUSD | 467,409Source | 467,409Source | 467,409Source | 467,409Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 95,618Source |
| InterestExpenseNonoperatingUSD | 1,452,150Source | 1,579,370Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -4,046,705Source | -3,769,566Source | -5,430,245Source | -8,544,923Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -3,135Source | -3,135Source | -1,734Source | -87,905Source |
| Nonoperating Income (Expense)USD | -1,340,793Source | -1,386,274Source | -1,207,433Source | -3,513,830Source |
| Operating ExpensesUSD | 5,018,487Source | 6,113,773Source | 8,144,437Source | 8,418,761Source |
| Operating Lease, ExpenseUSD | — | 0Source | 73,083Source | 85,629Source |
| Other Nonoperating Income (Expense)USD | 111,357Source | 85,363Source | 16,484Source | 7,928Source |
| Proceeds from Issuance of Common StockUSD | 0Source | 474,812Source | 0Source | 100,002Source |
| Unrealized Gain (Loss) on DerivativesUSD | — | — | 1,488,686Source | -3,223,271Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 2,876,380Source | 5,053,690Source | 4,921,531Source | 4,559,399Source |
| Cost of RevenueUSD | — | — | 1,001,640Source | 1,164,018Source |
| Operating Income (Loss)USD | -2,709,047Source | -2,386,427Source | -4,224,546Source | -5,023,380Source |
| Other Nonoperating Income (Expense)USD | 111,357Source | 85,363Source | 16,484Source | 7,928Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -4,049,840Source | -3,772,701Source | -5,431,979Source | -8,537,210Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 95,618Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -3,135Source | -3,135Source | -1,734Source | -87,905Source |
| Net Income (Loss) Attributable to ParentUSD | -4,046,705Source | -3,769,566Source | -5,430,245Source | -8,544,923Source |
| Earnings Per Share, BasicUSD per share | -0.02Source | -0.03Source | -0.07Source | -0.19Source |
| Earnings Per Share, DilutedUSD per share | -0.02Source | -0.03Source | -0.07Source | -0.19Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 169,819,631Source | 118,697,641Source | 83,469,544Source | 46,014,138Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 169,819,631Source | 118,697,641Source | 83,469,544Source | 46,014,138Source |
| Interest Expense (non-operating)USD | 1,452,150Source | 1,579,370Source | — | — |
| Additional Financial Items | ||||
| Cost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationUSD | — | — | 731,339Source | 1,100,903Source |
| General and Administrative ExpenseUSD | 4,554,312Source | 5,233,823Source | 6,439,537Source | 6,837,964Source |
| Gross ProfitUSD | 2,309,440Source | 3,727,346Source | 3,919,891Source | 3,395,381Source |
| Nonoperating Income (Expense)USD | -1,340,793Source | -1,386,274Source | -1,207,433Source | -3,513,830Source |
| Operating ExpensesUSD | 5,018,487Source | 6,113,773Source | 8,144,437Source | 8,418,761Source |
| Operating Lease, ExpenseUSD | — | 0Source | 73,083Source | 85,629Source |
| Other Cost of Operating RevenueUSD | 70,138Source | 109,931Source | — | — |
| Research and Development ExpenseUSD | 0Source | — | 13,800Source | — |
| Selling and Marketing ExpenseUSD | — | — | 504,075Source | 533,397Source |