Overview
- IndustryMeasuring & Controlling Devices, NEC1
- HeadquartersWest Jordan, Utah1
- Incorporated inDE2
- Business address5718 West Dannon Way, Suite B, West Jordan, Ut 840812
- 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 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue4¢$33.5K
- Research and development25¢$223.5K
- Selling, general and admin58¢$519.1K
- Interest13¢$116.3K
Out of $105.7K in revenue.4 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $340.6K5 | $267.8K6 | $833.0K7 | $99.4K8 | $210.2K9 | $151.2K4 | $105.7K4 |
| Cost of revenue | $41.4K5 | $37.3K6 | $63.5K7 | $35.5K7 | $36.3K4 | $33.5K4 | |
| Research and development | $319.8K5 | $312.2K6 | $271.4K7 | $283.5K8 | $263.0K9 | $223.2K4 | $223.5K4 |
| Selling, general and admin | $735.3K5 | $646.7K6 | $539.0K7 | $576.3K8 | $629.1K9 | $620.9K4 | $519.1K4 |
| Operating expenses | $923.5K9 | $880.4K9 | |||||
| Operating income | $805.5K5 | -$760.4K6 | -$57.1K7 | -$795.8K8 | -$713.3K9 | -$729.2K4 | -$670.5K4 |
| Interest | $332.6K5 | $317.0K6 | $284.0K7 | $255.2K8 | $97.0K9 | $76.8K4 | $116.3K4 |
| Net income | -$1.1M5 | -$906.1K6 | -$575.1K7 | -$607.1K8 | -$687.7K9 | -$804.8K4 | -$784.9K4 |
| Earnings per share | -$0.019 | -$0.064 | -$0.064 | ||||
| Earnings per share (diluted) | -$0.019 | -$0.064 | -$0.064 | ||||
| Shares (weighted, basic) | 113.6M shares9 | 123.3M shares4 | 125.6M shares4 | ||||
| Shares (weighted, diluted) | 113.6M shares9 | 123.3M shares4 | 125.6M shares4 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $12.8K6 | $17.8K7 | $170.0K8 | $4029 | |||
| Receivables | $8.9K9 | $20.1K4 | $44.4K4 | ||||
| Current assets | $70.2K5 | $46.4K6 | $223.0K7 | $22.8K8 | $9.8K9 | $29.1K4 | $51.0K4 |
| Goodwill | $4.9M9 | $4.9M4 | $4.9M4 | ||||
| Total assets | $5.0M5 | $5.0M6 | $5.1M7 | $4.9M8 | $4.9M9 | $5.2M4 | $5.2M4 |
| Accounts payable | $226.4K8 | ||||||
| Current liabilities | $3.1M6 | $2.7M7 | $2.9M8 | $3.6M9 | $4.0M4 | $4.8M4 | |
| Long-term liabilities | $198.1K9 | ||||||
| Total liabilities | $2.5M5 | $3.3M6 | $2.9M7 | $2.9M8 | $3.6M9 | $4.2M4 | $5.0M4 |
| Retained earnings | -$30.1M9 | -$30.9M4 | -$31.7M4 | ||||
| Shareholders’ equity | $2.6M6 | $1.7M7 | $2.2M8 | $2.0M9 | $1.3M4 | $1.0M4 | $254.5K4 |
| Shares outstanding | 92.9M shares5 | 92.9M shares6 | 99.7M shares7 | 99.7M shares8 | 114.4M shares9 | 125.6M shares4 | 125.6M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
What it owns
What FLEXPOINT SENSOR SYSTEMS INC 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 |
|---|---|---|---|
| Property and equipment, before depreciation | $597.2K4 Dec 31, 2023 | $597.2K4 Dec 31, 2022 | 0% |
| Accumulated depreciation | $597.2K4 Dec 31, 2023 | $597.2K4 Dec 31, 2022 | 0% |
| Operating-lease assets (leased space) | $262.2K4 Dec 31, 2023 | $254.5K4 Dec 31, 2022 | +3.0% |
Real estate and locations
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Loans, net of allowance | $8.0K9 Dec 31, 2022 |
Intangibles and goodwill
Leadership
Who has led FLEXPOINT SENSOR SYSTEMS INC, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerClark M. Mower Feb 27, 2006 to May 26, 201612
- PresidentClark M. Mower Feb 27, 2006 to May 26, 201612
- Chief financial officerThomas N. Strong Aug 20, 2008 to Jul 1, 200913
Board members and other officers (4)
- Secretary/TreasurerB. Fred Atkinson Jr. Feb 27, 2006 to Feb 15, 200714
- Board memberRuland J. Gill Jr. Feb 2, 2007 to Aug 27, 201515
- Board memberClark M. Mower Feb 27, 2006 to May 26, 201612
- Board memberJohn A. Sindt Feb 27, 2006 to Aug 27, 201516
Former names
Timeline
Filings
21 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 3 major events, 5 other. The latest 20:
- May 12, 202515-12G FORM 15 - TERMINATION OF REGISTRATION UNDER SECTION 12(G) EDGAR
- May 12, 20258-K CURRENT REPORT ON FORM 8-K DATED FEBRUARY 28, 2025 EDGAR
- Nov 14, 202410-Q QUARTERLY REPORT ON FORM 10Q FOR THE QUARTER ENDED JUNE 30, 2024 EDGAR
- Aug 22, 202410-Q QUARTERLY REPORT ON FORM 10Q FOR THE QUARTER ENDED MARCH 31, 2024 EDGAR
- Aug 14, 2024NT 10-Q REQUEST FOR AN EXTENSION OF TIME TO FILE OUR QUARTERLY REPORT ON FORM 10Q FOR TH EDGAR
- Jul 8, 202410-Q QUARTERLY REPORT ON FORM 10Q FOR THE QUARTER ENDED MARCH 31, 2024 EDGAR
- May 15, 2024NT 10-Q REQUEST FOR AN EXTENSION OF TIME TO FILE OUR QUARTERLY REPORT ON FORM 10Q FOR TH EDGAR
- Apr 8, 202410-K ANNUAL REPORT ON FORM 10K FOR THE YEAR ENDED DECEMBER 31, 2023 EDGAR
- Apr 1, 2024NT 10-K REQUEST FOR AN EXTENSION OF TIME TO FILE OUR ANNUAL REPORT ON FORM 10K FOR THE Y EDGAR
- Nov 14, 202310-Q QUARTERLY REPORT ON FORM 10Q FOR THE QUARTER ENDED SEPTEMBER 30, 2023 EDGAR
- Aug 14, 202310-Q QUARTERLY REPORT ON FORM 10Q FOR THE QUARTER ENDED JUNE 30, 2023 EDGAR
- May 15, 202310-Q QUARTERLY REPORT ON FORM 10Q FOR THE QUARTER ENDED MARCH 31, 2023 EDGAR
- Apr 10, 202310-K ANNUAL REPORT ON FORM 10K FOR THE YEAR ENDED DECEMBER 31, 2022 EDGAR
- Mar 31, 2023NT 10-K REQUEST FOR AN EXTENSION OF TIME TO FILE OUR ANNUAL REPORT ON FORM 10K FOR THE Y EDGAR
- Mar 17, 20238-K 8-K CURRENT REPORT DATED FEBRUARY 28, 2023 EDGAR
- Feb 15, 20238-K 8-K CURRENT REPORT DATED FEBRUARY 13, 2023 EDGAR
- Nov 14, 202210-Q QUARTERLY REPORT ON FORM 10Q FOR THE QUARTER ENDED SEPTEMBER 30, 2022 EDGAR
- Aug 15, 202210-Q QUARTERLY REPORT ON FORM 10Q FOR THE QUARTER ENDED JUNE 30, 2022 EDGAR
- May 16, 202210-Q QUARTERLY REPORT ON FORM 10Q FOR THE QUARTER ENDED MARCH 31, 2022 EDGAR
- Mar 31, 202210-K ANNUAL REPORT ON FORM 10K FOR THE YEAR ENDED DECEMBER 31, 2021 EDGAR
The 21 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.
SEC filer profile
How FLEXPOINT SENSOR SYSTEMS INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARFLEXPOINT SENSOR SYSTEMS INC1
- CIK0000925660
- Employer ID (EIN)87-06204251
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)3829 Measuring & Controlling Devices, NEC1
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
- Business address5718 West Dannon Way, Suite B, West Jordan, UT 840811
- Phone801-568-51111
- Shares outstanding125,557,174 as of Mar 31, 20244
- Public float$2.1M as of Jun 30, 20234
- On EDGAR sinceJun 19, 19971
- Filings277 in all: 10-Q (51), 4 (43), 8-K (30), 10QSB (28), 10-K (17), 4/A (15), NT 10-K (12), 10KSB (11)1
All 32 form types
10QSB/A (9), 3 (9), NT 10-Q (7), SC 13D (6), DEF 14A (5), 5 (4), SC 13D/A (4), PRE 14A (3), UPLOAD (3), 10-Q/A (2), 10KSB/A (2), 8-K/A (2), CORRESP (2), SB-2 (2), 10-K/A (1), 15-12G (1), 3/A (1), DEF 14C (1), EFFECT (1), POS AM (1), PRES14C (1), REGDEX (1), REGDEX/A (1), SB-2/A (1)
- Latest filingsAnnual report (10-K) Apr 8, 2024
Quarterly report (10-Q) Nov 14, 2024
Proxy statement (DEF 14A) Dec 3, 2018
Latest 8-K (8-K) May 12, 2025
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 15SEC EDGARRuland J. Gill Jr., Board member
- 16SEC EDGARJohn A. Sindt, Board member
- 17SEC EDGARChange of auditor
- 18SEC EDGARChange of auditor
- 19SEC EDGARChange of auditor