Company research
Functional Brands Inc.
CIK 1837254Updated Sep 24, 2026
SecurityMEHA · OTC · equity
Name history
HT Naturals Corp. · through May 2, 2023
MEHA price & chart
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OTC:MEHA on TradingView ↗About the company
Functional Brands Inc. (OTC Markets: MEHA) is a leading innovator in wellness and performance products dedicated to Making Everyone Healthy Again™. The Company’s portfolio includes Kirkman®, one of the most trusted names in nutritional supplements for over 75 years with products available in more than 35 countries; P2i™ by Kirkman® Prenatal Multivitamin & Multimineral, the first prenatal supplement to align with FIGO standards and comply with California SB 646; and Tru2u.health, a consumer-facing telehealth and wellness platform. Functional Brands operates an FDA-registered, cGMP-compliant manufacturing facility in Oregon.
In the news
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Recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
Entry into a Material Definitive Agreement · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 1.01, 5.02, 9.01
Termination of a Material Definitive Agreement
Items 1.02
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Regulation FD Disclosure
Items 3.01, 7.01, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| ASSETS | ||
| AssetsUSD | 9,108,302Source | 7,169,660Source |
| Property, Plant and Equipment, NetUSD | 37,379Source | 49,564Source |
| GoodwillUSD | 818,139Source | 818,139Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 1,397,411Source | 1,443,541Source |
| Current assets: | ||
| Cash and Cash Equivalents, at Carrying ValueUSD | 2,726,696Source | 211,642Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 518,474Source | 303,471Source |
| Inventory, NetUSD | 1,549,511Source | 1,709,458Source |
| Assets, CurrentUSD | 5,187,680Source | 2,858,324Source |
| Prepaid Expense and Other Assets, CurrentUSD | 392,999Source | 45,112Source |
| LIABILITIES AND EQUITY | ||
| LiabilitiesUSD | 7,566,971Source | 7,288,237Source |
| Stockholders’ equity: | ||
| Common Stock, Value, IssuedUSD | 187Source | 67Source |
| Additional Paid in CapitalUSD | 8,522,354Source | 7,542,286Source |
| Retained Earnings (Accumulated Deficit)USD | -6,981,325Source | -7,660,930Source |
| Stockholders' Equity Attributable to ParentUSD | 1,541,331Source | -118,577Source |
| Liabilities and EquityUSD | 9,108,302Source | 7,169,660Source |
| Current liabilities: | ||
| Liabilities, CurrentUSD | 5,750,084Source | 5,202,950Source |
| Operating Lease, Liability, CurrentUSD | 371,272Source | 291,213Source |
| Accounts Payable, CurrentUSD | 668,220Source | 1,103,359Source |
| Operating Lease, Liability, NoncurrentUSD | 1,435,505Source | 1,844,819Source |
| Additional Financial Items | ||
| Accrued Liabilities, CurrentUSD | 838,121Source | 741,106Source |
| Long-term DebtUSD | 140,468Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| Cash flows from operating activities: | ||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation, Depletion and AmortizationUSD | 20,698Source | 48,371Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 543,068Source | 414,900Source |
| Changes in operating assets and liabilities: | ||
| Increase (Decrease) in Accounts ReceivableUSD | 211,207Source | 100,042Source |
| Increase (Decrease) in InventoriesUSD | -106,092Source | 1,233Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -1,271,544Source | 1,990Source |
| Cash flows from investing activities: | ||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -8,513Source | -1,881Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 8,513Source | 1,881Source |
| Cash flows from financing activities: | ||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 3,795,111Source | -162,902Source |
| Repayments of Long-term DebtUSD | 3,436Source | 3,264Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 2,726,696Source | 211,642Source |
| Supplemental disclosure of cash flow information: | ||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 401,411Source | 224,428Source |
| Additional Financial Items | ||
| Share-based Payment Arrangement, ExpenseUSD | 22,125Source | — |
| Amortization of Intangible AssetsUSD | 46,130Source | 46,130Source |
| DepreciationUSD | 20,698Source | 48,371Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | 7,358,935Source | — |
| Gain (Loss) on Sale of DerivativesUSD | 7,358,935Source | — |
| General and Administrative ExpenseUSD | 4,250,124Source | 3,259,623Source |
| GoodwillUSD | 818,139Source | 818,139Source |
| InterestExpenseNonoperatingUSD | 402,398Source | 331,836Source |
| Investment Income, InterestUSD | 74,696Source | 1,572Source |
| Net Income (Loss) Attributable to ParentUSD | 758,478Source | -559,356Source |
| Operating ExpensesUSD | 4,882,538Source | 3,835,938Source |
| Other Nonoperating Income (Expense)USD | 2,157,050Source | -330,264Source |
| Proceeds from Issuance of Long-term DebtUSD | 99,733Source | 180,662Source |
| Unrealized Gain (Loss) on DerivativesUSD | 7,358,935Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 |
|---|---|---|
| Total RevenueUSD | 6,611,484Source | 6,566,455Source |
| Cost of RevenueUSD | 3,127,518Source | 2,959,609Source |
| Operating Income (Loss)USD | -1,398,572Source | -229,092Source |
| Other Nonoperating Income (Expense)USD | 2,157,050Source | -330,264Source |
| Net Income (Loss) Attributable to ParentUSD | 758,478Source | -559,356Source |
| Earnings Per Share, BasicUSD per share | 0.08Source | -0.08Source |
| Earnings Per Share, DilutedUSD per share | 0.01Source | -0.08Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 8,241,266Source | 6,694,880Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 85,120,861Source | 6,694,880Source |
| Interest Expense (non-operating)USD | 402,398Source | 331,836Source |
| Additional Financial Items | ||
| Amortization of Intangible AssetsUSD | 46,130Source | 46,130Source |
| General and Administrative ExpenseUSD | 4,250,124Source | 3,259,623Source |
| Gross ProfitUSD | 3,483,966Source | 3,606,846Source |
| Interest Income, OtherUSD | 74,696Source | 1,572Source |
| Investment Income, InterestUSD | 74,696Source | 1,572Source |
| Operating ExpensesUSD | 4,882,538Source | 3,835,938Source |
| Other IncomeUSD | 112Source | — |
| Selling and Marketing ExpenseUSD | 632,414Source | 576,315Source |
Filing attachments
ea030233501ex99-1.htm · 8-K · 2026-08-17
EX-99.1 2 ea030233501ex99-1.htm PRESS RELEASE OF FUNCTIONAL BRANDS INC., DATED AUGUST 17, 2026 Exhibit 99.1 Functional Brands Announces Second Quarter 2026 Financial Results LAKE OSWEGO, Ore., Aug. 17, 2026 (GLOBE NEWSWIRE) -- Functional Brands Inc. (OTC Markets: MEHA), a leading innovator in wellness and performance products, today announced financial results for the second quarter ended June 30, 2026. Second Quarter 2026 Financial Highlights Revenue grew to $1.87 million, up 2% fro…
Read attachment ↗ea029452901ex99-1.htm · 8-K · 2026-06-15
EX-99.1 2 ea029452901ex99-1.htm PRESS RELEASE, DATED JUNE 15, 2026 Exhibit 99.1 Functional Brands Inc. Receives Nasdaq Staff Delisting Determination; LAKE OSWEGO, OR - June 15, 2026 - Functional Brands Inc. (Nasdaq: MEHA) (the “Company”), a leading innovator in wellness and performance products, announced today that on June 9, 2026, it received a written notification (the “Staff Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating …
Read attachment ↗ea029243201ex99-1.htm · 8-K · 2026-05-28
EX-99.1 2 ea029243201ex99-1.htm PRESS RELEASE DATED MAY 27, 2026 Exhibit 99.1 Functional Brands Announces Adjournment of Special Meeting of Stockholders Scheduled to Reconvene on June 1, 2026 Lake Oswego, OR - (May 27, 2026) - Functional Brands Inc. (NASDAQ: MEHA), a leading innovator in wellness and performance products, today announced that the Company’s Special Meeting of Stockholders (the “Special Meeting”) scheduled to be held on May 28, 2026 at 1:00 p.m. Eastern Time has been adjour…
Read attachment ↗ea029198301ex99-1.htm · 8-K · 2026-05-22
EX-99.1 3 ea029198301ex99-1.htm PRESS RELEASE DATED MAY 22, 2026 Exhibit 99.1 Functional Brands (NASDAQ: MEHA) Enters into Agreement to Acquire Alchemy, a Gold-Backed Blockchain Settlement Platform, in a $142.9 Million Transaction Definitive agreement signed; management communicates rationale targeting activation in Q3 2026; gold-backed DeFi platform designed to deliver above-market yield on physical gold positions - compared to near 0% for traditional gold ETFs. Lake Oswego, OR - May 22,…
Read attachment ↗ea029137601ex99-1.htm · 8-K · 2026-05-19
EX-99.1 2 ea029137601ex99-1.htm LETTER TO SHAREHOLDERS DATED MAY 19, 2026 Exhibit 99.1 6400 SW Rosewood Street Lake Oswego, Oregon 97035 May 19, 2026 Dear Fellow Shareholders, This year marks an important strategic milestone for Functional Brands Inc. as we continue evolving our vision for long-term shareholder value creation. While our foundation has been built in wellness, telehealth and consumer focused innovation, we believe the future of financial infrastructure is being reshaped b…
Read attachment ↗ea029125801ex99-1.htm · 8-K · 2026-05-18
EX-99.1 2 ea029125801ex99-1.htm PRESS RELEASE DATED MAY 18, 2026 Exhibit 99.1 Functional Brands Announces First Quarter 2026 Financial Results Lake Oswego, OR - (May 18, 2026) - Functional Brands Inc. (NASDAQ: MEHA), a leading innovator in wellness and performance products, today announced financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial Highlights Revenue grew to $1.65 million, up 3.5% from $1.59 million in the prior year period, reflecting …
Read attachment ↗