Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue73¢$4.7M
- Research and development2¢$101.8K
- Other costs19¢$1.2M
- Interest0¢$65
- Profit7¢$431.9K
Out of $6.5M in revenue.2
Where each dollar of operating cash went, fiscal 2022
- Capital spending35¢$154.6K
- Kept or used elsewhere65¢$292.3K
Out of $446.9K of cash from operations.2
Financial statements
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.8M4 | $3.8M5 | $3.6M6 | $3.6M7 | $3.6M8 | $3.9M9 | $4.9M2 | $6.5M2 |
| Cost of revenue | $3.5M4 | $2.7M5 | $2.4M6 | $2.5M7 | $2.5M8 | $2.8M9 | $3.6M2 | $4.7M2 |
| Gross profit | $1.3M4 | $1.1M5 | $1.2M6 | $1.1M7 | $1.1M8 | $1.1M9 | $1.3M2 | $1.8M2 |
| Research and development | $200.8K4 | $222.1K5 | $227.1K6 | $183.6K7 | $91.7K8 | $117.5K9 | $102.3K2 | $101.8K2 |
| Operating expenses | $1.3M2 | |||||||
| Operating income | -$298.4K4 | -$240.0K5 | $47.8K6 | -$19.0K7 | $17.5K8 | $47.5K9 | $96.5K2 | $407.5K2 |
| Interest | $04 | $3.2K5 | $8.5K6 | $5.0K7 | $3.7K8 | $1.2K9 | $02 | $652 |
| Income tax | $04 | $05 | $06 | $07 | $08 | $09 | $02 | $02 |
| Net income | -$299.4K4 | -$243.1K5 | $33.3K6 | -$38.4K7 | $41.0K8 | $42.5K9 | $258.3K2 | $431.9K2 |
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Cash | $455.7K5 | $267.3K6 | $340.3K7 | $213.9K8 | $557.0K9 | $666.8K9 | $516.2K2 | $805.2K2 |
| Receivables | $685.6K2 | |||||||
| Inventory | $853.8K2 | |||||||
| Current assets | $1.5M4 | $1.3M5 | $1.3M6 | $1.2M7 | $1.4M8 | $1.5M9 | $2.0M2 | $2.4M2 |
| Property, plant and equipment | $249.7K2 | |||||||
| Intangible assets | $58.2K2 | |||||||
| Total assets | $2.2M4 | $1.9M5 | $2.0M6 | $1.8M7 | $2.7M8 | $2.8M9 | $2.9M2 | $3.3M2 |
| Short-term debt | $2.0K2 | |||||||
| Current liabilities | $452.3K4 | $375.3K5 | $494.8K6 | $420.9K7 | $823.1K8 | $909.4K9 | $942.7K2 | $960.7K2 |
| Long-term debt | $53.8K4 | $100.1K5 | $124.5K6 | $105.6K7 | $75.4K8 | $154.0K9 | $61.3K2 | $60.7K2 |
| Total liabilities | $506.1K4 | $483.8K5 | $620.7K6 | $526.5K7 | $1.5M8 | $1.5M9 | $1.3M2 | $1.2M2 |
| Retained earnings | -$60.8M2 | |||||||
| Shareholders’ equity | $1.7M4 | $1.4M5 | $1.4M6 | $1.3M7 | $1.2M8 | $1.3M2 | $1.6M2 | $2.1M2 |
| Shares outstanding | 41.7M shares12 | 42.3M shares4 | 43.3M shares5 | 44.5M shares6 | 47.7M shares7 | 70.2M shares8 | 73.0M shares9 | 75.8M shares2 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -$118.2K4 | -$74.2K5 | $122.5K6 | -$81.5K7 | $484.7K8 | $41.8K9 | -$135.6K2 | $446.9K2 |
| Depreciation and amortization | $230.2K2 | |||||||
| Stock-based compensation | $116.1K2 | |||||||
| Capital spending | $55.8K4 | $7.6K5 | $20.9K6 | $19.4K7 | $26.2K8 | $56.5K9 | $3.7K2 | $154.6K2 |
| Free cash flow | -$174.1K | -$81.9K | $101.6K | -$100.9K | $458.5K | -$14.7K | -$139.2K | $292.3K |
| Cash from investing | -$157.4K2 | |||||||
| Dividends paid | $100.0K4 | $100.0K5 | $05 | |||||
| Cash from financing | -$6132 |
Corporate structure
AMERITYRE CORP sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of AMERITYRE CORP
- SHELTON CAPITAL MANAGEMENT Filed SC 13G on AMERITYRE CORP, latest Feb 11, 2022
- AMERITYRE CORP Boulder City, Nevada
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What AMERITYRE CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Machinery and equipment | $3.1M2 Jun 30, 2022 | $2.9M2 Jun 30, 2021 | +6.3% |
| Furniture and fixtures | $76.5K2 Jun 30, 2022 | $73.4K2 Jun 30, 2021 | +4.2% |
| Computer equipment and software | $233.5K2 Jun 30, 2022 | $233.5K2 Jun 30, 2021 | 0% |
| Leasehold improvements | $289.6K2 Jun 30, 2022 | $286.9K2 Jun 30, 2021 | +1.0% |
| Accumulated depreciation | $3.7M2 Jun 30, 2022 | $3.7M2 Jun 30, 2021 | +1.3% |
| Property and equipment, net | $249.7K2 Jun 30, 2022 | $110.1K2 Jun 30, 2021 | +126.8% |
| Operating-lease assets (leased space) | $385.4K2 Jun 30, 2022 | $544.1K2 Jun 30, 2021 | −29.2% |
Real estate and locations
| Item | Latest | A year before | Change |
|---|---|---|---|
| Area of real estate | 49,200 sq ft2 Jun 30, 2022 | 49,200 sq ft9 Jun 30, 2021 | 0% |
| Area of land | 4 acres2 Jun 30, 2022 | 4 acres9 Jun 30, 2021 | 0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $805.2K2 Jun 30, 2022 | $516.2K2 Jun 30, 2021 | +56.0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $58.2K2 Jun 30, 2022 | $76.0K2 Jun 30, 2021 | −23.4% |
| Accumulated amortization | $429.4K2 Jun 30, 2022 | $411.7K2 Jun 30, 2021 | +4.3% |
Inventory
Leadership
Who has led AMERITYRE CORP, and when. Pick a name to see everywhere that person has worked.
President
Chief financial officer
Chief operating officer
- Chief executive officerMichael J. Kapral Jr. Aug 31, 2009 to Apr 12, 201013
- Chief executive officerGary N. Benninger Sep 4, 2007 to Feb 10, 200914
- Chief executive officerRichard A. Steinke Jul 5, 2006 to May 31, 200715
- PresidentMichael J. Kapral Jr. Aug 31, 2009 to Apr 12, 201013
- Chief financial officerLynda R. Keeton-Cardno Jan 26, 2015 to Feb 3, 202216
- Chief financial officerL. Wayne Arnett Oct 3, 2013 to Jul 22, 201417
- Chief financial officerAnders Alfonso Suarez Jul 5, 2006 to Sep 16, 201018
- Chief operating officerJames G. Moore Jr. Aug 31, 2009 to Nov 21, 201119
- Chief operating officerGary N. Benninger Jan 20, 2006 to Jul 5, 200620
Board members and other officers (23)
- VP MarketingMichael J. Kapral Jr. Apr 2, 2008 to Oct 24, 200821
- Secretary/treasurerDavid K. Griffiths Jan 9, 2006 to Jul 5, 200622
- Executive VPElliott N. Taylor Jul 5, 2006 to Mar 20, 200723
- VP Engineering/manufacturingJames G. Moore Jr. Jul 5, 2006 to Jun 30, 200824
- Board memberTerry Edwin Gilland Jan 5, 2016 to Feb 28, 202225
- Board memberGeorge Duane Stoddard Dec 11, 2015 to Feb 28, 202226
- Board memberDavid Scott Clark Dec 14, 2015 to Feb 28, 202227
- Board memberDavid Hollister Dec 15, 2015 to Feb 28, 202228
- Board memberGlenn D. Bougie Nov 15, 2013 to Dec 11, 201529
- Board memberBrian Hesje Feb 17, 2012 to Sep 20, 201230
- Board memberL. Wayne Arnett Mar 25, 2011 to Jul 22, 201431
- Board memberGary M. Tucker Mar 8, 2010 to Dec 11, 201532
- Board memberMichael J. Kapral Jr. Apr 12, 2010 to Apr 12, 201033
- Board memberGary N. Benninger Feb 9, 2009 to Feb 10, 200934
- Board memberSilas O. Kines Jr. Dec 9, 2009 to Dec 22, 201035
- Board memberFrancis Edward Dosal Dec 4, 2007 to Dec 22, 201036
- Board memberHenry D. Moyle Jan 3, 2006 to Dec 22, 201037
- Board memberKen C. Johnsen Jan 3, 2006 to Dec 19, 200738
- Board memberLouis M. Haynie Jan 3, 2006 to Dec 22, 201039
- Board memberNorman H. Tregenza Jan 3, 2006 to Jan 11, 200840
- Board memberSteve Hanni Jan 3, 2006 to Dec 22, 201041
- Board memberWesley G. Sprunk Jan 3, 2006 to Jan 29, 201042
- Board memberRichard A. Steinke Jul 5, 2006 to May 31, 200715
Former names
- AMERICAN TIRE CORPOct 15, 1996 to Jan 29, 20013
Timeline
- Jan 13, 20228-K Executive or director change43
- Dec 8, 20218-K Bylaws or fiscal year changed; Shareholder vote; Regulation FD disclosure44
- Aug 31, 2009New chief executive Michael J. Kapral Jr. becomes CEO13
- Sep 4, 2007New chief executive Gary N. Benninger becomes CEO14
- Jul 5, 2006New chief executive Richard A. Steinke becomes CEO15
Filings
23 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 2 major events, 13 insider forms, 1 large holders, 3 other. The latest 20:
- Oct 25, 2022DEF 14A EDGAR
- Oct 21, 202215-12G EDGAR
- Sep 19, 202210-K EDGAR
- May 13, 202210-Q EDGAR
- Feb 28, 20224 EDGAR
- Feb 28, 20224 EDGAR
- Feb 28, 20224 EDGAR
- Feb 28, 20224 EDGAR
- Feb 11, 2022SC 13G SCHEDULE FILED TO REPORT ACQUISITION OF BENEFICIAL OWNERSHIP EDGAR
- Feb 11, 202210-Q EDGAR
- Feb 3, 20224 EDGAR
- Feb 3, 20224 OWNERSHIP DOCUMENT EDGAR
- Jan 13, 20228-K EDGAR
- Dec 8, 20218-K EDGAR
- Dec 3, 20214 EDGAR
- Dec 3, 20214 EDGAR
- Dec 3, 20214 EDGAR
- Dec 3, 20214 EDGAR
- Nov 15, 202110-Q EDGAR
- Nov 2, 20214 EDGAR
The 23 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- SHELTON CAPITAL MANAGEMENTSC 13G, 1 filing Feb 11, 202245
SEC filer profile
How AMERITYRE CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARAMERITYRE CORP1
- CIK0000945828
- Employer ID (EIN)87-05352071
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inNevada1
- Fiscal year endsJune 301
- Industry code (SIC)3011 Tires & Inner Tubes1
- Business address1501 Industrial Road, Boulder City, NV 890051
- Phone70229319301
- Shares outstanding75,787,868 as of Sep 19, 20222
- Public float$2.1M as of Dec 31, 20212
- On EDGAR sinceMay 15, 19961
- Filings706 in all: 4 (299), 8-K (85), 10-Q (51), 3 (32), 10QSB (28), 4/A (27), DEF 14A (20), NT 10-Q (19)1
All 42 form types
10-K (17), 10KSB (10), SC 13G (10), UPLOAD (10), CORRESP (9), PRE 14A (8), 10KSB/A (7), NT 10-K (7), 10-Q/A (6), REGDEX (6), SC 13G/A (6), D (5), 10-K/A (4), RW (4), S-8 (4), 10QSB/A (3), 424B3 (3), DEFA14A (3), EFFECT (3), 8-K/A (2), POS AM (2), S-1 (2), S-3 (2), SD (2), 15-12G (1), 25 (1), 3/A (1), 8-A12G (1), DEFR14A (1), NTN 10K (1), PRER14A (1), REGDEX/A (1), S-1/A (1), S-3/A (1)
- Latest filingsAnnual report (10-K) Sep 19, 2022
Quarterly report (10-Q) May 13, 2022
Proxy statement (DEF 14A) Oct 25, 2022
Latest 8-K (8-K) Jan 13, 2022
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARAMERITYRE CORP filings on SEC EDGAR
- 2SEC EDGARAMERITYRE CORP 10-K for fiscal 2022
- 3SEC EDGARAMERITYRE CORP filings on SEC EDGAR
- 4SEC EDGARAMERITYRE CORP 10-K for fiscal 2015
- 5SEC EDGARAMERITYRE CORP 10-K for fiscal 2016
- 6SEC EDGARAMERITYRE CORP 10-K for fiscal 2017
- 7SEC EDGARAMERITYRE CORP 10-K for fiscal 2018
- 8SEC EDGARAMERITYRE CORP 10-K for fiscal 2019
- 9SEC EDGARAMERITYRE CORP 10-K for fiscal 2020
- 10SEC EDGARAMERITYRE CORP 10-Q for fiscal 2021
- 11SEC EDGARAMERITYRE CORP 10-Q for fiscal 2022
- 12SEC EDGARAMERITYRE CORP 10-K for fiscal 2015
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21SEC EDGARMichael J. Kapral Jr., VP Marketing
- 22
- 23SEC EDGARElliott N. Taylor, Executive VP
- 24
- 25SEC EDGARTerry Edwin Gilland, Board member
- 26SEC EDGARGeorge Duane Stoddard, Board member
- 27SEC EDGARDavid Scott Clark, Board member
- 28SEC EDGARDavid Hollister, Board member
- 29SEC EDGARGlenn D. Bougie, Board member
- 30SEC EDGARBrian Hesje, Board member
- 31SEC EDGARL. Wayne Arnett, Board member
- 32SEC EDGARGary M. Tucker, Board member
- 33SEC EDGARMichael J. Kapral Jr., Board member
- 34SEC EDGARGary N. Benninger, Board member
- 35SEC EDGARSilas O. Kines Jr., Board member
- 36SEC EDGARFrancis Edward Dosal, Board member
- 37SEC EDGARHenry D. Moyle, Board member
- 38SEC EDGARKen C. Johnsen, Board member
- 39SEC EDGARLouis M. Haynie, Board member
- 40SEC EDGARNorman H. Tregenza, Board member
- 41SEC EDGARSteve Hanni, Board member
- 42SEC EDGARWesley G. Sprunk, Board member
- 43SEC EDGARExecutive or director change
- 44
- 45