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Private company

FISION Corp

FISION Corp is a computer processing and data preparation services company.1 It is headquartered in Minneapolis, Minnesota.1

Last updated Oct 21, 2026.

Overview

  • IndustryServices-Computer Processing & Data Preparation1
  • HeadquartersMinneapolis, Minnesota1
  • Business address1650 West End Boulevard, Suite 100, Minneapolis, Mn 554162
  • Filer categoryNon-accelerated filer, Smaller reporting company2

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Financials

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

Key numbers, fiscal 2021

74.5%Gross margin3
-198.2%Operating margin3
456.0%Net margin3
71.5%Revenue growth, 20213

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Cost of revenue4¢$158.0K
  • Research and development12¢$452.5K
  • Interest7¢$263.1K
  • Profit76¢$2.8M

Out of $620.5K in revenue.3

Financial statements

Revenue456783$620.5K in 2021+3% since 2015
0$200.0K$400.0K$600.0K$800.0K2015: $604.8K$604.8K20152016: $425.2K$425.2K2016−30%2017: $558.2K$558.2K2017+31%2018: $505.0K$505.0K2018−10%2019: $562.8K$562.8K2019+11%2020: $361.9K$361.9K2020−36%2021: $620.5K$620.5K2021+71%
Gross profit456783$462.5K in 2021−1% since 2015
0$200.0K$400.0K$600.0K2015: $467.9K$467.9K20152016: $328.9K$328.9K2016−30%2017: $493.1K$493.1K2017+50%2018: $423.8K$423.8K2018−14%2019: $484.4K$484.4K2019+14%2020: $274.5K$274.5K2020−43%2021: $462.5K$462.5K2021+68%
Operating income456783-$1.2M in 2021−37% since 2015
-$4.0M-$3.0M-$2.0M-$1.0M02015: -$2.0M-$2.0M20152016: -$2.6M-$2.6M2016+35%2017: -$3.5M-$3.5M2017+32%2018: -$2.7M-$2.7M2018−22%2019: -$3.4M-$3.4M2019+25%2020: -$1.2M-$1.2M2020−65%2021: -$1.2M-$1.2M2021+3%
Net income456783$2.8M in 2021
-$10.0M-$5.0M0$5.0M2015: -$2.3M-$2.3M20152016: -$2.8M-$2.8M2016+25%2017: -$5.1M-$5.1M2017+80%2018: -$4.0M-$4.0M2018−21%2019: -$9.3M-$9.3M2019+133%2020: -$2.5M-$2.5M2020−73%2021: $2.8M$2.8M2021
Fiscal year2015201620172018201920202021
Revenue$604.8K4$425.2K5$558.2K6$505.0K7$562.8K8$361.9K3$620.5K3
Cost of revenue$136.9K4$96.3K5$65.1K6$81.3K7$78.3K8$87.4K3$158.0K3
Gross profit$467.9K4$328.9K5$493.1K6$423.8K7$484.4K8$274.5K3$462.5K3
Research and development$211.5K4$595.1K4$340.2K3$452.5K3
Operating expenses$1.7M3
Operating income-$2.0M4-$2.6M5-$3.5M6-$2.7M7-$3.4M8-$1.2M3-$1.2M3
Interest$305.4K12-$1.7M7$1.6M8$738.4K3$263.1K3
Net income-$2.3M4-$2.8M5-$5.1M6-$4.0M7-$9.3M8-$2.5M3$2.8M3
Earnings per share-$0.013$0.013
Earnings per share (diluted)-$0.013$0.003
Shares (weighted, basic)443.6M shares3
Shares (weighted, diluted)509.9M shares3

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What it owns

What FISION 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
Computer equipment and software$68.5K3 Dec 31, 2021$68.5K3 Dec 31, 20200%
Accumulated depreciation$16.2K3 Dec 31, 2021$16.0K3 Dec 31, 2020+1.1%
Property and equipment, net$126.8K3 Dec 31, 2021$1733 Dec 31, 2020+73174.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$370.0K3 Dec 31, 2021$7.5K3 Dec 31, 2020+4830.5%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$182.4K3 Dec 31, 2021$8.8K3 Dec 31, 2020+1972.5%
Intangible assets, net (excluding goodwill)$564.6K3 Dec 31, 2021$35.5K3 Dec 31, 2020+1491.8%

Leadership

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

Chief executive

  1. William Gerhauser2022

Chief financial officer

  1. Garry N. Lowenthal2016–2017
201520202025
Board members and other officers (9)

Former names

  • DE Acquisition 6, Inc.Apr 6, 2010 to Dec 10, 20152

Timeline

  1. Mar 3, 20238-K Other events22
  2. Sep 22, 20228-K Executive or director change23
  3. Jan 5, 2022New chief executive William Gerhauser becomes CEO14
  4. Dec 22, 20218-K Executive or director change; Other events24

Filings

20 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 3 major events, 6 insider forms, 6 other. The latest 20:

  1. Jan 13, 2025REVOKED EDGAR
  2. Aug 15, 2023NT 10-Q EDGAR
  3. Jun 29, 202310-Q EDGAR
  4. May 15, 2023NT 10-Q EDGAR
  5. Mar 31, 2023NT 10-K EDGAR
  6. Mar 7, 202310-Q EDGAR
  7. Mar 3, 20238-K EDGAR
  8. Jan 23, 202310-Q EDGAR
  9. Jan 3, 202310-K EDGAR
  10. Sep 22, 20228-K EDGAR
  11. Mar 31, 2022NT 10-K EDGAR
  12. Jan 25, 20223 PRIMARY DOCUMENT EDGAR
  13. Jan 6, 20223/A PRIMARY DOCUMENT EDGAR
  14. Jan 5, 20223 PRIMARY DOCUMENT EDGAR
  15. Jan 4, 20224 PRIMARY DOCUMENT EDGAR
  16. Jan 4, 20224 PRIMARY DOCUMENT EDGAR
  17. Dec 28, 20214 PRIMARY DOCUMENT EDGAR
  18. Dec 22, 20218-K EDGAR
  19. Nov 23, 202110-Q EDGAR
  20. Nov 15, 2021NT 10-Q EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

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

  • Name on EDGARFISION Corp1
  • CIK0001487931
  • Employer ID (EIN)27-22057921
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Fiscal year endsDecember 311
  • Industry code (SIC)7374 Services-Computer Processing & Data Preparation1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address1650 West End Boulevard, Suite 100, Minneapolis, MN 554161
  • Phone763-259-58251
  • Shares outstanding465,378,589 as of Jun 29, 202311
  • Public float$3.0M as of Jun 30, 20223
  • On EDGAR sinceApr 6, 20101
  • Filings162 in all: 10-Q (39), 8-K (33), 4 (20), NT 10-Q (14), 10-K (12), 3 (7), NT 10-K (7), 10-K/A (4)1
    All 21 form types

    10-Q/A (4), UPLOAD (4), 10-12G/A (3), CORRESP (3), S-1/A (3), S-1 (2), 10-12G (1), 3/A (1), 5 (1), EFFECT (1), REVOKED (1), S-8 (1), SEC STAFF ACTION (1)

  • Latest filingsAnnual report (10-K) Jan 3, 2023
    Quarterly report (10-Q) Jun 29, 2023
    Latest 8-K (8-K) Mar 3, 2023

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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