Private company

IGEN NETWORKS CORP

IGEN NETWORKS CORP is an American help supply services company, incorporated in Nevada.¹ It is headquartered in Lake Elsinore, California.¹

Last updated Oct 21, 2026.

Overview

IndustryServices-Help Supply Services¹
HeadquartersLake Elsinore, California¹
Incorporated inNV²
Business address28375 Rostrata Ave, Lake Elsinore, Ca 92532²
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 2022

-1.4%Gross margin³

-305.8%Operating margin³

-285.4%Net margin³

18.2%Revenue growth, 2022³

Where the money goes

Where each dollar of revenue went, fiscal 2022

Cost of revenueSelling, general and adminInterest

Cost of revenue37¢$322.6K
Selling, general and admin46¢$400.9K
Interest17¢$151.9K
Income tax0¢$800

Out of $318.0K in revenue.³ The company lost money this year.

Financial statements

Revenue⁴⁵⁶⁷⁸³$318.0K in 2022−72% since 2016

Gross profit⁴⁵⁶⁷⁸³-$4.5K in 2022

Operating income⁴⁵⁶⁷⁸³-$972.4K in 2022+21% since 2016

Net income⁴⁵⁶⁸³-$907.6K in 2022+8% since 2016

Fiscal year	2016	2017	2018	2019	2020	2021	2022
Revenue	$1.1M⁴	$1.3M⁵	$1.2M⁶	$723.8K⁷	$368.0K⁸	$268.9K³	$318.0K³
Cost of revenue	$748.4K⁴	$863.8K⁵	$668.7K⁶	$516.1K⁷	$271.4K⁸	$123.8K⁸	$322.6K³
Gross profit	$394.7K⁴	$483.2K⁵	$530.2K⁶	$207.8K⁷	$96.6K⁸	$145.2K³	-$4.5K³
Selling, general and admin			$781.5K⁶	$484.3K⁷	$448.9K⁸	$423.3K³	$400.9K³
Operating expenses						$3.5M³	$967.8K³
Operating income	-$802.7K⁴	-$1.1M⁵	-$1.2M⁶	-$806.0K⁷	-$974.4K⁸	-$3.3M³	-$972.4K³
Interest	$8.8K⁴	$32.6K⁵	$8.3K⁶	$9.7K⁷	$242.4K⁸	$27.5K³	$151.9K³
Income before tax						-$3.4M³	-$906.8K³
Income tax	$0¹¹	$80.0K⁵	$10.0K⁶	$0⁷	$0⁸	$808³	$800³
Net income	-$836.8K⁴	-$1.3M⁵	-$1.2M⁶	-$479.1K⁸	-$2.6M⁸	-$3.4M³	-$907.6K³

Total assets⁴⁵⁶⁷⁸³$616.3K in 2022−20% since 2016

Total liabilities⁴⁵⁶⁷⁸³$1.5M in 2022−8% since 2016

Shareholders’ equity⁵⁶⁸³-$977.7K in 2022+21% since 2016

Cash⁵⁷⁸³$0 in 2022

Long-term debt⁷⁸³$794.5K in 2022+78% since 2020

Fiscal year	2016	2017	2018	2019	2020	2021	2022
Cash	$53.7K⁵	$53.6K⁵	$56.8K⁷	$0⁸	$26.7K⁸	$64.4K³	$0³
Inventory						$71.2K³	$30.1K³
Current assets	$253.5K⁴	$132.2K⁵	$146.1K⁶	$26.5K⁷	$82.0K⁸	$174.4K³	$52.0K³
Goodwill						$505.5K³	$505.5K³
Total assets	$766.4K⁴	$640.6K⁵	$651.6K⁶	$532.0K⁷	$587.5K⁸	$761.8K³	$616.3K³
Accounts payable						$540.3K³	$174.3K³
Current liabilities	$1.5M⁴	$1.8M⁵	$1.1M⁶	$1.3M⁷	$1.2M⁸	$1.1M³	$1.2M³
Long-term debt					$447.5K⁷	$390.7K⁸	$794.5K³
Total liabilities	$1.6M⁴	$2.0M⁵	$1.2M⁶	$1.4M⁷	$1.5M⁸	$1.4M³	$1.5M³
Retained earnings						-$19.1M³	-$20.2M³
Shareholders’ equity	-$810.9K⁵	-$1.0M⁶	-$556.5K⁸	-$859.2K⁸	-$923.0K³	-$693.7K³	-$977.7K³
Shares outstanding	32.4M shares⁴	39.2M shares⁵	66.7M shares⁶	74.2M shares⁷	1.2B shares⁸	1.5B shares³	1.9B shares³

Cash from operations⁴⁵⁶⁷⁸³-$978.1K in 2022+220% since 2016

Fiscal year	2016	2017	2018	2019	2020	2021	2022
Cash from operations	-$305.4K⁴	-$683.8K⁵	-$1.2M⁶	-$657.6K⁷	-$874.3K⁸	-$963.0K³	-$978.1K³
Stock-based compensation						$2.6M³	$49.6K³
Capital spending			$747⁶
Free cash flow			-$1.2M
Cash from financing						$1.0M³	$913.6K³

Compare IGEN NETWORKS CORP with another company

What it owns

What IGEN NETWORKS 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
Operating-lease assets (leased space)	$53.0K³ Dec 31, 2022	$76.2K³ Dec 31, 2021	−30.5%

Investments

Item	Latest	A year before	Change
Cash and cash equivalents	$0³ Dec 31, 2022	$64.4K³ Dec 31, 2021	−100.0%

Intangibles and goodwill

Item	Latest	A year before	Change
Goodwill	$505.5K³ Dec 31, 2022	$505.5K³ Dec 31, 2021	0%

Inventory

Item	Latest	A year before	Change
Inventory, total	$30.1K³ Dec 31, 2022	$71.2K³ Dec 31, 2021	−57.7%

Leadership

Who has led IGEN NETWORKS CORP, and when. Pick a name to see everywhere that person has worked.

Chief financial officer

Chief operating officer

Richard Allan Freeman2012–2017

201520202025

Chief executive officerNeil Gene Chan Aug 3, 2012 to Nov 23, 2020¹²
ChairRobert Nealon Oct 5, 2010 to Oct 5, 2010¹³
PresidentMonty Ormsby Apr 1, 2010 to Oct 5, 2010¹⁴
Chief financial officerMichael Grudman Mar 31, 2010 to Mar 31, 2010¹⁵
Chief financial officerRichard Gilbertson Oct 5, 2010 to Oct 5, 2010¹⁶
Chief operating officerRichard Allan Freeman Aug 3, 2012 to May 19, 2017¹⁷

Board members and other officers (9)

VP/GMAbel Israel Sierra Sr. Jul 20, 2018 to Jun 4, 2020¹⁸
Board memberRobert G. Friedman Mar 30, 2020 to Mar 30, 2020¹⁹
Board memberNeil Gene Chan Aug 3, 2012 to Nov 23, 2020¹²
Board memberRichard Allan Freeman Aug 3, 2012 to May 19, 2017¹⁷
Board memberRobert Nealon Oct 19, 2011 to Mar 27, 2020²⁰
Board memberMichael Grudman Mar 31, 2010 to Mar 31, 2010¹⁵
Board memberMonty Ormsby Apr 1, 2010 to Oct 5, 2010¹⁴
Board memberChris Shade Oct 5, 2010 to Oct 5, 2010²¹
Board memberRichard Gilbertson Oct 5, 2010 to Oct 5, 2010¹⁶

Former names

SYNC2 ENTERTAINMENT CORP.Nov 10, 2008 to Nov 16, 2009²
NURSE SOLUTIONS, INC.Apr 4, 2007 to Oct 7, 2008²

Timeline

May 8, 20248-K Change of auditor²²
Sep 5, 20238-K Other events²³
Jul 17, 20238-K Change of auditor²⁴
Oct 18, 20228-K Executive or director change²⁵
Oct 18, 20228-K Executive or director change²⁶
Aug 3, 20228-K Executive or director change²⁷
Apr 15, 20228-K Entered a material agreement; Ended a material agreement; Unregistered sale of shares²⁸
Mar 4, 20228-K Change of auditor²⁹
Aug 3, 2012New chief executive Neil Gene Chan becomes CEO¹²

Filings

51 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 8 major events, 34 other. The latest 20:

Aug 1, 202415-12G EDGAR
May 8, 20248-K EDGAR
Apr 2, 2024NT 10-K EDGAR
Nov 20, 202310-Q EDGAR
Oct 11, 2023DEF 14C EDGAR
Sep 22, 2023PRE 14C EDGAR
Sep 5, 20238-K EDGAR
Aug 22, 202310-Q EDGAR
Aug 15, 2023NT 10-Q EDGAR
Jul 17, 20238-K EDGAR
Jun 26, 2023DEF 14C EDGAR
Jun 14, 2023PRE 14C EDGAR
Jun 9, 202310-Q EDGAR
May 16, 2023NT 10-Q EDGAR
Apr 17, 202310-K EDGAR
Apr 3, 2023NT 10-K EDGAR
Jan 13, 2023DEF 14C EDGAR
Nov 2, 202210-Q EDGAR
Oct 18, 20228-K EDGAR
Oct 18, 20228-K EDGAR

The 51 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 IGEN NETWORKS CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

Name on EDGARIGEN NETWORKS CORP¹
CIK0001393540
Employer ID (EIN)20-5879021¹
Filer statusNon-accelerated filer<br>smaller reporting company¹
Incorporated inNevada¹
Fiscal year endsDecember 31¹
Industry code (SIC)7363 Services-Help Supply Services¹
SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance¹
Business address28375 Rostrata Ave, Lake Elsinore, CA 92532¹
Phone855-912-5378¹
Shares outstanding3,234,606,010 as of Nov 14, 2023¹⁰
Public float$4.5M as of Jun 30, 2022³
On EDGAR sinceApr 4, 2007¹
Filings287 in all: 4 (61), 10-Q (48), 8-K (35), NT 10-Q (28), 10-K (15), NT 10-K (14), 3 (9), DEF 14C (9)¹
All 35 form types
EFFECT (7), UPLOAD (6), S-1/A (5), 8-K/A (4), PRE 14C (4), S-1 (4), SC 13D (4), 10-K/A (3), 10QSB (3), 5 (3), CORRESP (3), POS AM (3), RW (3), 10-Q/A (2), 424B3 (2), 10KSB (1), 10KSB/A (1), 15-12G (1), 4/A (1), 424B2 (1), 8-A12G (1), AW (1), DEF 14A (1), PRE 14A (1), RW WD (1), SB-2 (1), SB-2/A (1)
Latest filingsAnnual report (10-K) Apr 17, 2023
Quarterly report (10-Q) Nov 20, 2023
Proxy statement (DEF 14A) Nov 7, 2017
Latest 8-K (8-K) May 8, 2024

Sources

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

1
SEC EDGARIGEN NETWORKS CORP filings on SEC EDGAR
2
SEC EDGARIGEN NETWORKS CORP filings on SEC EDGAR
3
SEC EDGARIGEN NETWORKS CORP 10-K for fiscal 2022
4
SEC EDGARIGEN NETWORKS CORP 10-K for fiscal 2016
5
SEC EDGARIGEN NETWORKS CORP 10-K for fiscal 2017
6
SEC EDGARIGEN NETWORKS CORP 10-K for fiscal 2018
7
SEC EDGARIGEN NETWORKS CORP 10-K for fiscal 2019
8
SEC EDGARIGEN NETWORKS CORP 10-K for fiscal 2020
9
SEC EDGARIGEN NETWORKS CORP 10-Q for fiscal 2023
10
SEC EDGARIGEN NETWORKS CORP 10-Q for fiscal 2023
11
SEC EDGARIGEN NETWORKS CORP 10-K for fiscal 2016
12
SEC EDGARNeil Gene Chan, Chief executive officer
13
SEC EDGARRobert Nealon, Chair
14
SEC EDGARMonty Ormsby, President
15
SEC EDGARMichael Grudman, Chief financial officer
16
SEC EDGARRichard Gilbertson, Chief financial officer
17
SEC EDGARRichard Allan Freeman, Chief operating officer
18
SEC EDGARAbel Israel Sierra Sr., VP/GM
19
SEC EDGARRobert G. Friedman, Board member
20
SEC EDGARRobert Nealon, Board member
21
SEC EDGARChris Shade, Board member
22
SEC EDGARChange of auditor
23
SEC EDGAROther events
24
SEC EDGARChange of auditor
25
SEC EDGARExecutive or director change
26
SEC EDGARExecutive or director change
27
SEC EDGARExecutive or director change
28
SEC EDGAREntered a material agreement; Ended a material agreement; Unregistered sale of shares
29
SEC EDGARChange of auditor