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Private company

BOXABL Corp.

BOXABL Corp. is an American general bldg contractors - residential bldgs company.1 It is headquartered in North Las Vegas, Nevada.1

Last updated Oct 21, 2026.

Overview

  • IndustryGeneral Bldg Contractors - Residential Bldgs1
  • HeadquartersNorth Las Vegas, Nevada1
  • Incorporated inNV2
  • Business address5345 E. N. Belt Road, North Las Vegas, Nv 891152
  • Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company2
  • Legal formCorporation

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Panels: fire resistant, flood resistant, rodent resistant, insect resistant, and mold resistant.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-1043.6%Gross margin4
-3910.2%Operating margin4
-3801.1%Net margin4
-55.2%Revenue growth, 20254
-106.5%Return on equity4
-$47.4MFree cash flow4

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue84¢$17.3M
  • Research and development16¢$3.3M

Out of $1.5M in revenue.4 The company lost money this year.

Financial statements

Revenue564$1.5M in 2025−86% since 2022
0$5.0M$10.0M$15.0M2022: $10.9M$10.9M20222023: $344.0K$344.0K2023−97%2024: $3.4M$3.4M2024+881%2025: $1.5M$1.5M2025−55%
Gross profit564-$15.8M in 2025+23% since 2022
-$20.0M-$15.0M-$10.0M-$5.0M02022: -$12.8M-$12.8M20222023: -$10.2M-$10.2M2023−20%2024: -$11.6M-$11.6M2024+13%2025: -$15.8M-$15.8M2025+36%
Operating income564-$59.2M in 2025+79% since 2022
-$60.0M-$40.0M-$20.0M02022: -$33.1M-$33.1M20222023: -$42.8M-$42.8M2023+29%2024: -$52.7M-$52.7M2024+23%2025: -$59.2M-$59.2M2025+12%
Net income564-$57.5M in 2025−91% since 2022
-$800.0M-$600.0M-$400.0M-$200.0M02022: -$612.4M-$612.4M20222023: -$39.5M-$39.5M2023−94%2024: -$51.0M-$51.0M2024+29%2025: -$57.5M-$57.5M2025+13%
Fiscal year20212022202320242025
Revenue$10.9M5$344.0K6$3.4M4$1.5M4
Cost of revenue$23.7M5$10.6M6$15.0M4$17.3M4
Gross profit-$12.8M5-$10.2M6-$11.6M4-$15.8M4
Research and development$3.4M5$8.3M6$6.6M4$3.3M4
Operating expenses$20.3M5$32.5M6$41.1M4$43.4M4
Operating income-$33.1M5-$42.8M6-$52.7M4-$59.2M4
Income tax-$6.0K4$04
Net income-$612.4M5-$39.5M6-$51.0M4-$57.5M4
Earnings per share$0.005-$0.016-$0.024-$0.024
Earnings per share (diluted)$0.005-$0.016-$0.024-$0.024
Shares (weighted, basic)3.0B shares53.0M shares63.0M shares43.0M shares4
Shares (weighted, diluted)3.0B shares53.0M shares63.0M shares43.0M shares4

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Corporate structure

BOXABL 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 BOXABL Corp.

  • BOXABL Corp. North Las Vegas, Nevada

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What BOXABL 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

ItemLatestA year beforeChange
Property and equipment, before depreciation$12.9M4 Dec 31, 2025$12.9M4 Dec 31, 2024+0.5%
Accumulated depreciation$5.6M4 Dec 31, 2025$3.9M4 Dec 31, 2024+42.3%
Property and equipment, net$7.3M4 Dec 31, 2025$8.9M4 Dec 31, 2024−17.9%
Operating-lease assets (leased space)$6.6M4 Dec 31, 2025$10.0M4 Dec 31, 2024−33.7%

Investments

ItemLatestA year beforeChange
Marketable securities, current$15.9M4 Dec 31, 2024$27.7M6 Dec 31, 2023−42.4%
Debt securities held to maturity$15.8M4 Dec 31, 2024
Deposits held (banks)$3.6M4 Dec 31, 2025$3.5M4 Dec 31, 20240%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$498.0K4 Dec 31, 2025$542.0K4 Dec 31, 2024−8.1%
Finite-lived intangibles, gross$737.0K4 Dec 31, 2025$729.0K4 Dec 31, 2024+1.1%
Accumulated amortization$240.0K4 Dec 31, 2025$187.0K4 Dec 31, 2024+28.3%
Finite-lived intangibles, net$497.0K4 Dec 31, 2025$542.0K4 Dec 31, 2024−8.3%

Inventory

ItemLatestA year beforeChange
Inventory, total$18.8M4 Dec 31, 2025$24.3M4 Dec 31, 2024−22.3%
Work in process$6.7M4 Dec 31, 2025$119.0K4 Dec 31, 2024+5516.0%
Finished goods$9.6M4 Dec 31, 2025$20.4M4 Dec 31, 2024−52.8%

Properties, in its own words

Our principal office and our initial manufacturing facility are located at: 5345 East North Belt Road, North Las Vegas, Nevada, which also serves as our mailing address. We also have manufacturing facilities at 5445 East North Belt Road, North Las Vegas, Nevada and 5553 N. Belt Road, North Las Vegas, Nevada. Leasing information for these properties is described below.

Initial Manufacturing Facility (Factory 1)

The rest of Item 2

On December 29, 2020, we entered into a lease for industrial space which we made into our initial manufacturing facility. We took possession on May 1, 2021 on a sixty-five-month lease and are currently in negotiations with the landlord to renew this lease. The address of the facility is 5345 E Centennial Pkwy, Building 1, North Las Vegas, NV 89115.

Premises: · Building 1 located at 5345 East North Belt Road, North Las Vegas, NV 89115

Square Feet: · 173,720 rentable square feet

Commencement Date: · May 1, 2021

Term: · 65 months commencing on May 1, 2021 and ending August 31, 2026; the Company’s first five months of rent were abated by the landlord. The Company began making monthly rent payments on October 1, 2021.

Security Deposit: · $225,000

Additional Security Deposit related to Building Improvements · $258,450

01 – 12 · 87,996

13 – 24 · 90,636

25 – 36 · 93,355

37 – 48 · 96,156

49 – 60 · 99,041

61 – 65 · 102,012

Triple Net Lease: · All costs, expenses, and obligations relating to the facility during the term of the lease, including operating expenses, repairs, insurance, and taxes, are the responsibility of BOXABL.

Second Manufacturing Facility (Factory 3)

On June 13, 2022, we entered into a lease for additional industrial space which will support and enhance our operations at our initial manufacturing facility. We took possession on February 1, 2023, which is when the property had been made ready under the terms of the lease. The address of the facility is 5553 N. Belt Road, North Las Vegas, NV.

Address: · 5553 N. Belt Road, North Las Vegas, NV 89115

Square Feet: · 132,960 rentable square feet

Commencement Date: · January 27, 2023

Term: · 73 months commencing on after completion of the Landlord’s Work.

Security Deposit: · $366,970

01 – 12 · 103,709

13 – 24 · 107,857

25 – 36 · 112,171

37 – 48 · 116,658

49 – 60 · 121,325

61 - 72 · 126,178

73+ · 131,225

Triple Net Lease: · All costs, expenses, and obligations relating to the facility during the term of the lease, including operating expenses, repairs, insurance, and taxes, are the responsibility of BOXABL.

Third Manufacturing Facility (Factory 2)

On May 2, 2023, we amended the lease agreement for the initial manufacturing facility to add space to be used as our third manufacturing facility for a term of forty-eight months. We took occupancy of the facility on June 1, 2023. The address of the warehouse is 5445 East North Belt Road, North Las Vegas, NV 89115.

Premises: · Building 3 located at 5445 East North Belt Road, North Las Vegas, NV 89115

Square Feet: · 114,613 rentable square feet

Commencement Date: · June 1, 2023

Term: · 48 months commencing on June 1, 2023 and ending May 31, 2027. The Company began making monthly rent payments on June 1, 2023.

Security Deposit: · $258,450

Letter of Credit · $3,714,190

01 – 12 · 115,759

13 – 24 · 120,390

25 – 36 · 125,205

37 – 48 · 130,213

Triple Net Lease: · All costs, expenses, and obligations relating to the facility during the term of the lease, including operating expenses, repairs, insurance, and taxes, are the responsibility of BOXABL.

Item 2 of the 10-K filed Mar 27, 2026.3

Leadership

Who has led BOXABL Corp., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Paolo Tiramani2023–2025
  2. Galiano Paolo Tiramani2025–now

Chief financial officer

  1. Martin Noe Costas2023–2024
2025
Board members and other officers (9)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorVeronica Nkwodimmah Stanaway named Oct 24, 202320
  • DirectorZvi Nkwodimmah Yemeni named Oct 24, 202320
  • DirectorHamid Firooznia named Feb 24, 202221

Former names

  • Boxabl Inc.Oct 18, 2024 to Jul 21, 20262

Timeline

  1. May 11, 20268-K Entered a material agreement22
  2. Apr 21, 20268-K Regulation FD disclosure23
  3. Apr 10, 20268-K Entered a material agreement24
  4. Feb 24, 20268-K Other events25
  5. Dec 23, 20258-K Entered a material agreement26
  6. Dec 15, 20258-K Executive or director change27
  7. Dec 15, 20258-K Other events28
  8. Dec 8, 20258-K Entered a material agreement29
  9. Nov 4, 20258-K Entered a material agreement; Regulation FD disclosure30
  10. Oct 3, 2025New chief executive Galiano Paolo Tiramani becomes CEO10
  11. Aug 25, 20258-K Other events31
  12. Aug 22, 20258-K Bylaws or fiscal year changed32
  13. Aug 5, 20258-K Entered a material agreement; Regulation FD disclosure33
  14. Oct 10, 2023New chief executive Paolo Tiramani becomes CEO11

Filings

171 filings to the SEC since October 2021: 3 annual reports, 8 quarterly reports, 34 major events, 23 insider forms, 3 large holders, 2 private raises, 98 other. The latest 20:

  1. Aug 21, 202615-12G EDGAR
  2. Jul 21, 20264 EDGAR
  3. Jun 2, 2026DEFA14A EDGAR
  4. May 15, 202610-Q EDGAR
  5. May 13, 2026DEFM14A EDGAR
  6. May 11, 2026425 EDGAR
  7. May 11, 20268-K EDGAR
  8. May 7, 20264 EDGAR
  9. Apr 21, 2026425 EDGAR
  10. Apr 21, 20268-K EDGAR
  11. Apr 10, 2026425 EDGAR
  12. Apr 10, 20268-K EDGAR
  13. Mar 27, 202610-K EDGAR
  14. Feb 24, 2026425 EDGAR
  15. Feb 24, 20268-K EDGAR
  16. Dec 23, 20258-K EDGAR
  17. Dec 17, 20253 EDGAR
  18. Dec 15, 20258-K EDGAR
  19. Dec 15, 20258-K EDGAR
  20. Dec 8, 20258-K EDGAR

The 171 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.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 30, 2025Tiramani Galiano PaoloCo-Chief Executive OfficerSale6,250,000$0.80$5.0MForm 4

From Forms 4 filed with the SEC.

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.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$5.0M 2022–2022
Money received by yearMoney received by year, 2022–2022: $5.0M in all. Private raises (Form D) $5.0M.$0$2M$4M$6M2022 · Private raises (Form D): $5.0M2022
Figures by year
YearPrivate raises (Form D)Total
2022$5.0M$5.0M

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Oct 24, 2023Filed a private offering of equity20 Form D: $1 billion offered in all Form D
  2. Jan 9, 2022Raised $5 million in a private offering of equity21 Form D: $500 million offered in all Form D

SEC filer profile

How BOXABL Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBOXABL Corp.1
  • CIK0001816937
  • Employer ID (EIN)85-25119293
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company3
  • Incorporated inNevada3
  • Fiscal year endsDecember 311
  • Industry code (SIC)1520 General Bldg Contractors - Residential Bldgs1
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
  • Business address5345 E. N. Belt Road, North Las Vegas, NV 891151
  • Phone70250090001
  • Shares outstanding3,000,000,000 as of May 14, 20269
  • Public float$15.0M as of Jun 30, 20253
  • AuditorCBIZ CPAs P.C, Fort Lauderdale, FL PCAOB ID 199; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceJul 14, 20201
  • Filings256 in all: 425 (48), 8-K (33), CORRESP (19), UPLOAD (18), 1-A/A (14), 253G2 (14), 4 (12), 3 (10)1
    All 40 form types

    C/A (10), 10-Q (8), C-U (5), S-4/A (5), 1-U (4), 10-12G/A (4), C (4), D (4), DEF 14C (4), PRE 14C (4), 1-A POS (3), 10-K (3), C-AR (3), NT 10-Q (3), QUALIF (3), 1-A (2), 1-K (2), 1-SA (2), SC 13G (2), 10-12G (1), 15-12G (1), 3/A (1), 8-A12G (1), 8-K/A (1), DEFA14A (1), DEFM14A (1), DOS (1), EFFECT (1), NT 10-K (1), S-4 (1), S-8 (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Mar 27, 2026
    Quarterly report (10-Q) May 15, 2026
    Latest 8-K (8-K) May 11, 2026

Risk factors and legal proceedings

Legal proceedings

Fron time-to-time, the Company is party to various legal proceedings and claims. When the Company deems a loss is both probable and can be reasonably estimated, we will accrue estimated costs. At this time, Management believes that the probability of a material loss from any known claim is remote. However, litigation is inherently uncertain, and it is not possible to predict the ultimate disposition of these proceedings.

Employment Matters

The Company initiated legal action against former employees who violated their employment agreements post-termination. Specifically, on or about June 13, 2023, the Company filed two lawsuits against former employees alleging claims including breach of contract, violations of the Computer Fraud and Abuse Act, violations of the Defend Trade Secrets Act, Conversion, unjust enrichment, breach of a covenant of good faith and fair dealing, and demand for temporary and permanent injunctive relief. One of these litigation matters remain pending, and the other matter reached a mutual settlement and release. Management does not anticipate the remaining matter will have a material impact on the Company’s results of operations or financial condition. Quantifying the resulting harm is complex and ongoing. The Company anticipates that judgment will be entered in its favor for a sum less than $250,000.

On or about March 2023, the Company uncovered potential misconduct by a former employee related to a stock scheme, the impact of which is challenging to measure. The Company filed a lawsuit against this former employee for breach of contract, violations of the Computer Fraud and Abuse Act, violations of the Defend Trade Secrets Act, Conversion, unjust enrichment, breach of the covenant of good faith and fair dealing and for a temporary and permanent injunction. The Company anticipates that judgment will be entered in its favor for a sum less than $1 million, but the investigation and extent of damages is ongoing.

The opening of Item 3, Legal Proceedings.3

Sources

The numbers on this page point here. Each one links to the record it came from.

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    SEC EDGAROther events
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    SEC EDGAROther events
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