Security
BASA · BASANITE, INC.
BASAOTCCommon stockCurrentCIK 1448705Updated Sep 27, 2026
Name history
PayMeOn, Inc. · through Dec 18, 2018MMAX MEDIA, INC. · through May 15, 2013Nevada Processing Solutions · through Mar 2, 2010
BASA price & chart
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SEC disclosures
Recent filings
15-12G filing
Changes in Registrant's Certifying Accountant
Items 4.01, 9.01
NT 10-K filing
10-Q filing
NT 10-Q filing
Show 5 more recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
10-Q filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
NT 10-Q filing
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 265,709Source | 554,656Source | 919,178Source | 5,211,286Source |
| Property, Plant and Equipment, NetUSD | 132,728Source | 402,271Source | 530,238Source | 3,236,825Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 82,222Source | 55,248Source | 30,340Source | 109,514Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 50,759Source | 40,222Source | 67,960Source | 7,817Source |
| Inventory, NetUSD | — | — | — | 714,655Source |
| Assets, CurrentUSD | 132,981Source | 95,470Source | 235,670Source | 1,225,345Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | 153,270Source | 749,116Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 9,091,656Source | 7,666,207Source | 7,325,616Source | 5,029,528Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | — | — | 0Source |
| Common Stock, Value, IssuedUSD | 260,157Source | 259,157Source | 253,218Source | 248,842Source |
| Additional Paid in CapitalUSD | 48,905,681Source | 48,891,681Source | 47,433,354Source | 46,054,126Source |
| Retained Earnings (Accumulated Deficit)USD | -57,991,785Source | -56,262,389Source | -54,093,010Source | -46,121,210Source |
| Stockholders' Equity Attributable to ParentUSD | -8,825,947Source | -7,111,551Source | -6,406,438Source | 181,758Source |
| Liabilities and EquityUSD | 265,709Source | 554,656Source | 919,178Source | 5,211,286Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 9,091,656Source | 7,666,207Source | 7,268,701Source | 4,529,982Source |
| Operating Lease, Liability, CurrentUSD | — | 56,915Source | 93,186Source | 325,339Source |
| Accounts Payable, CurrentUSD | 1,733,422Source | 1,762,390Source | 1,713,045Source | 1,175,682Source |
| Operating Lease, Liability, NoncurrentUSD | — | — | — | 499,546Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 2,290,877Source | 1,207,545Source | 438,870Source | 407,454Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -1,715,396Source | -2,169,379Source | -7,971,800Source | -16,477,823Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 15,000Source | 164,266Source | 509,013Source | 1,135,139Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 10,537Source | -27,738Source | 514,677Source | 5,910Source |
| Increase (Decrease) in InventoriesUSD | — | — | -714,655Source | 268,080Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -401,026Source | -1,055,849Source | -2,830,650Source | -4,507,418Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | 271,885Source | -2,346,483Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | 178,115Source | 2,346,483Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 428,000Source | 1,080,757Source | 2,479,591Source | 6,703,910Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 42,618Source | 55,248Source | 341,438Source | 109,514Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | 45,031Source | 26,663Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 261,250Source | 20,000Source | 1,783,284Source | 5,137,261Source |
| DepreciationUSD | 127,967Source | 127,967Source | 100,670Source | 129,693Source |
| Gain (Loss) on Disposition of AssetsUSD | -149,034Source | — | -2,599,585Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | -6,743,015Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | -7,971,800Source | -16,477,823Source |
| Net Income (Loss) Attributable to ParentUSD | -1,729,396Source | -2,169,379Source | -7,971,800Source | -16,477,823Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -7,971,800Source | -16,477,823Source |
| Nonoperating Income (Expense)USD | -924,411Source | -566,429Source | -716,084Source | -6,682,261Source |
| Operating ExpensesUSD | 1,067,519Source | 1,730,733Source | 3,585,955Source | 8,018,152Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cost of RevenueUSD | 172,191Source | 248,313Source | 2,025,926Source | 1,970,604Source |
| Selling, General and Administrative ExpenseUSD | 1,067,519Source | 1,730,733Source | 3,585,955Source | 8,018,152Source |
| Operating Income (Loss)USD | -804,985Source | -1,602,950Source | -7,255,716Source | -9,795,562Source |
| Net Income (Loss) Attributable to ParentUSD | -1,729,396Source | -2,169,379Source | -7,971,800Source | -16,477,823Source |
| Earnings Per Share, BasicUSD per share | -0.01Source | -0.01Source | -0.03Source | — |
| Earnings Per Share, DilutedUSD per share | -0.01Source | -0.01Source | -0.03Source | — |
| Total Revenue | — | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 260,156,796Source | 256,834,618Source | 251,488,656Source | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 260,156,796Source | 256,834,618Source | 251,488,656Source | — |
| Additional Financial Items | ||||
| Depreciation, Depletion and Amortization, NonproductionUSD | 120,509Source | 127,967Source | 7,911Source | — |
| Gross ProfitUSD | 262,534Source | 127,783Source | -669,761Source | -1,777,410Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | -7,971,800Source | -16,477,823Source |
| Interest ExpenseUSD | 924,768Source | 566,429Source | 512,162Source | 512,418Source |
| Interest Expense, DebtUSD | 0Source | 5,625Source | 122Source | 44,600Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -7,971,800Source | -16,477,823Source |
| Nonoperating Income (Expense)USD | -924,411Source | -566,429Source | -716,084Source | -6,682,261Source |
| Operating ExpensesUSD | 1,067,519Source | 1,730,733Source | 3,585,955Source | 8,018,152Source |