MITI on OTC

Mitesco, Inc.

Mitesco, Inc. is an American computer programming, data processing services company.2 It is headquartered in Denver, United States.2 Its shares trade on OTC under the symbol MITI.2

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Last updated Oct 21, 2026.

Overview

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  • TickerMITI on OTC2
  • IndustryServices-Computer Programming, Data Processing, Etc.2
  • HeadquartersDenver, United States2
  • Incorporated inNV3
  • Business address505 Beachland Blvd., Suite 1377, Vero Beach, Fl 329633
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formCorporation2
  • LEI549300D4CO7Q8MYI8X072
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O NORTHWEST REGISTERED AGENT SERVICE, INC., 19901 Dover, United States2
  • Registered withDivision of Corporations, Department of State, 50969762

“ us, ” “ our, ” or “ the Company ” refer to Mitesco, Inc. and its subsidiaries.4 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

-4852.8%Operating margin5
1288.7%Net margin5
-11.4%Revenue growth, 20255

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development4¢$81.7K
  • Selling, general and admin74¢$1.7M
  • Profit22¢$498.7K

Out of $38.7K in revenue.5

Financial statements

Revenue6789105$38.7K in 2025+1006% since 2019
0$50.0K$100.0K$150.0K2019: $3.5K$3.5K20192020: $0$020202021: $116.0K$116.0K20212022: $0$020222023: $0$020232024: $43.7K$43.7K20242025: $38.7K$38.7K2025−11%
Gross profit789$0 in 2023
-$400.0K-$300.0K-$200.0K-$100.0K02020: $0$020202021: -$339.6K-$339.6K20212022: $0$02022−100%2023: $0$02023
Operating income6789105-$1.9M in 2025+30% since 2019
-$8.0M-$6.0M-$4.0M-$2.0M02019: -$1.4M-$1.4M20192020: -$2.5M-$2.5M2020+75%2021: -$6.4M-$6.4M2021+153%2022: -$4.3M-$4.3M2022−32%2023: -$2.6M-$2.6M2023−40%2024: -$1.2M-$1.2M2024−55%2025: -$1.9M-$1.9M2025+61%
Net income6789105$498.7K in 2025
-$30.0M-$20.0M-$10.0M0$10.0M2019: -$3.9M-$3.9M20192020: -$2.9M-$2.9M2020−26%2021: -$7.9M-$7.9M2021+177%2022: -$23.2M-$23.2M2022+193%2023: -$13.3M-$13.3M2023−43%2024: -$2.5M-$2.5M2024−81%2025: $498.7K$498.7K2025
Fiscal year2019202020212022202320242025
Revenue$3.5K6$07$116.0K8$09$010$43.7K5$38.7K5
Cost of revenue$07$455.6K8$09$09
Gross profit$07-$339.6K8$09$09
Research and development$05$81.7K5
Selling, general and admin$1.4M6$2.5M7$6.1M8$4.3M9$2.5M10$1.2M5$1.7M5
Operating expenses$6.1M8$4.3M9$2.6M10$1.2M5$1.9M5
Operating income-$1.4M6-$2.5M7-$6.4M8-$4.3M9-$2.6M10-$1.2M5-$1.9M5
Interest$1.6M6$1.5M7$968.5K8$3.2M8
Income before tax-$7.9M8-$8.3M9-$12.0M10-$2.5M5$498.7K5
Income tax$06$08$08$09$010$05$05
Net income-$3.9M6-$2.9M7-$7.9M8-$23.2M9-$13.3M10-$2.5M5$498.7K5
Earnings per share-$5.299-$2.9110-$0.425$0.045
Earnings per share (diluted)-$2.9110-$0.425-$0.145
Shares (weighted, basic)4.5M shares95.2M shares106.7M shares512.1M shares5
Shares (weighted, diluted)5.2M shares106.7M shares526.3M shares5

Compare Mitesco, Inc. with another company

Corporate structure

Mitesco, Inc. 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 Mitesco, Inc.

  • Mitesco, Inc. Denver, Colorado, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Mitesco, 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.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$100.9K5 Dec 31, 2025$3.4K5 Dec 31, 2024+2864.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$05 Dec 31, 2025$151.8K5 Dec 31, 2024−100.0%
Accumulated amortization$151.8K10 Dec 31, 2024-$117.7K14 Dec 31, 2012+229.0%
Finite-lived intangibles, net$05 Dec 31, 2025$151.8K5 Dec 31, 2024−100.0%

Properties, in its own words

The Company leases office space in Vero Beach, Florida for its headquarters operation at less than $100 per month.

Item 2 of the 10-K filed Apr 15, 2026.4

Leadership

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

Board members and other officers (33)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerJenny Ingrid Lindstrom named Nov 26, 202161
  • Executive OfficerIngrid Jenny Lindtrom named Nov 2, 202162
  • DirectorShelia Ingrid Schweitzer named Nov 26, 202161
  • DirectorShelia Jenny Schweitzer named Nov 2, 202162

Former names

  • True Nature Holding, Inc.Jan 22, 2016 to Apr 17, 20203
  • Trunity Holdings, Inc.Jan 25, 2012 to Jan 6, 20163
  • BRAIN TREE INTERNATIONAL INCMar 25, 2009 to Jan 17, 20123

Timeline

  1. Oct 13, 20268-K Entered a material agreement; Unregistered sale of shares; Executive or director change63
  2. Aug 18, 20268-K Entered a material agreement; Unregistered sale of shares; Other events64
  3. Aug 5, 20268-K Entered a material agreement; Unregistered sale of shares; Executive or director change65
  4. Jul 22, 20268-K Unregistered sale of shares; Executive or director change; Other events66
  5. Jul 6, 20268-K Entered a material agreement; Unregistered sale of shares; Executive or director change67
  6. Jun 8, 20268-K Entered a material agreement; Unregistered sale of shares; Other events68
  7. Apr 24, 20268-K Entered a material agreement; Unregistered sale of shares; Executive or director change69
  8. Apr 20, 2026New chief executive Brian Valania becomes CEO15
  9. Apr 15, 20268-K Entered a material agreement; Unregistered sale of shares; Other events70
  10. Mar 13, 20268-K Executive or director change; Other events71
  11. Feb 27, 20268-K Entered a material agreement; Unregistered sale of shares72
  12. Feb 2, 20268-K Other events73
  13. Jan 21, 20268-K Unregistered sale of shares; Other events74
  14. Jan 4, 2024New chief executive Mack Rimmer Leath Jr. becomes CEO16
  15. Nov 29, 2019New chief executive Lawrence M. Diamond becomes CEO18
  16. Sep 25, 2019New chief executive James Philip Crone becomes CEO17
  17. Oct 20, 2017New chief executive Thomas W. Burnell becomes CEO20
  18. Mar 16, 2017New chief executive Christopher Albert Knauf becomes CEO19
  19. Jun 15, 2016New chief executive James Michael Driscoll becomes CEO22
  20. Feb 9, 2016New chief executive Steve Keaveney becomes CEO21
  21. Oct 28, 2013New chief executive Arol I. Buntzman Dr. becomes CEO23
  22. Feb 10, 2012New chief executive Terry B. Anderton becomes CEO24
  23. Jan 18, 2012Founded Mitesco, Inc. is founded2

Filings

235 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 99 major events, 56 insider forms, 11 large holders, 4 private raises, 45 other. The latest 20:

  1. Oct 13, 20268-K EDGAR
  2. Oct 6, 2026SCHEDULE 13D EDGAR
  3. Sep 17, 20264 EDGAR
  4. Aug 24, 2026SCHEDULE 13D EDGAR
  5. Aug 24, 20264 EDGAR
  6. Aug 18, 20268-K EDGAR
  7. Aug 17, 202610-Q EDGAR
  8. Aug 17, 2026NT 10-Q EDGAR
  9. Aug 5, 20268-K EDGAR
  10. Jul 23, 2026EFFECT EDGAR
  11. Jul 22, 2026S-1/A EDGAR
  12. Jul 22, 20268-K EDGAR
  13. Jul 9, 2026S-1 EDGAR
  14. Jul 6, 20268-K EDGAR
  15. Jun 8, 20268-K EDGAR
  16. May 20, 202610-Q EDGAR
  17. May 15, 2026NT 10-Q EDGAR
  18. Apr 24, 20268-K EDGAR
  19. Apr 20, 20263 EDGAR
  20. Apr 15, 202610-K EDGAR

The 235 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

4 open-market trades by officers, directors and large owners since October 2021: 4 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 23, 2022Diamond Lawrence M.Chief Executive OfficerBuy10,000$0.18$1.8KForm 4
May 20, 2022Diamond Lawrence M.Chief Executive OfficerBuy20,000$0.19$3.8KForm 4
Dec 13, 2021KELLER PHILLIP JChief Financial OfficerBuy20,000$0.16$3.2KForm 4
Dec 6, 2021Diamond Lawrence M.Chief Executive OfficerBuy21,000$0.17$3.6KForm 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.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Jan 20, 2025Raised $100,000 in a private offering of equity Form D: $5 million offered in all Form D
  2. Nov 12, 2024Raised $13.9 million in a private offering of equity Form D: $15 million offered in all Form D
  3. Oct 18, 2021Raised $2 million in a private offering of equity Form D: $10 million offered in all Form D
  4. Oct 18, 2021Raised $3.1 million in a private offering of equity Form D: $10 million offered in all Form D

SEC filer profile

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

  • Name on EDGARMitesco, Inc.1
  • CIK0000802257
  • Employer ID (EIN)87-04968504
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
  • Incorporated inNevada4
  • Fiscal year endsDecember 311
  • Industry code (SIC)7370 Services-Computer Programming, Data Processing, Etc.1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address505 Beachland Blvd., Suite 1377, Vero Beach, FL 329631
  • Phone844-383-86891
  • Shares outstanding48,392,796 as of Aug 17, 202612
  • Public float$2.6M as of Jun 30, 20254
  • AuditorAstra Audit & Advisory LLC, Tampa, Florida PCAOB ID 6920; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceMar 25, 20091
  • Filings537 in all: 8-K (182), 4 (90), 10-Q (52), 3 (44), NT 10-Q (23), 10-K (17), 8-K/A (12), NT 10-K (12)1
    All 34 form types

    S-1/A (11), SCHEDULE 13D (10), UPLOAD (9), CORRESP (8), D (8), SC 13D (7), 10-Q/A (6), 424B3 (6), S-1 (6), DEF 14C (5), EFFECT (5), 5 (4), PRE 14C (4), 4/A (3), SC 13G (2), 10-12G (1), 10-12G/A (1), 144 (1), 3/A (1), 424B4 (1), NT 10-K/A (1), PRER14C (1), RW (1), S-8 (1), SC 13D/A (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (10-K) Apr 15, 2026
    Quarterly report (10-Q) Aug 17, 2026
    Latest 8-K (8-K) Oct 13, 2026

Risk factors and legal proceedings

The risks Mitesco, Inc. names in Item 1A of its 10-K filed Apr 15, 2026: 33 risks under these headings, as written.4

  • Risks Related to our Business
  • We are in the initial stages of our present business plan and have a limited historical performance for you to base an investment decision upon, and we may never become profitable.
  • The success of our business is dependent on subscription and renewal of our services by customers.
  • We may become involved in legal proceedings that could have a material adverse impact on our business, results of operations and financial condition.
  • We are in an intensely competitive industry and there is no assurance we will be able to compete with our competitors who have greater resources than us.
  • Rapid technological change in our industry presents us with significant risks and challenges.
  • If we do not manage our strategy effectively, our revenue, business and operating results may be harmed.
  • Risks Related to our Financial Condition
  • There is substantial doubt about our ability to continue as a going concern because of our limited operating history, history of losses and financial resources, and if we are unable to generate significant revenue or secure financing, we may be required to cease or curtail our operations.
  • We will need additional capital to implement and fund our operations.
  • We may incur additional debt in the future which may contain restrictive covenants and impair our operating flexibility.
  • We have identified weaknesses in our internal controls, and we cannot provide assurances that these weaknesses will be effectively remediated, or that additional material weaknesses will not occur in the future.
The other 23 risks
  • Our operating results and liquidity needs could be negatively affected by market fluctuations and the economic downturn.
  • Settlements with various leaseholders and vendors have created obligations that may hinder our ability to finance future operations
  • Risks Related to Government Regulation
  • Privacy concerns and laws as well as evolving regulation of cloud computing, AI services, cross-border data transfer restrictions and other domestic regulations may limit the use and adoption of our services and adversely affect our business.
  • Industry-specific regulations and other requirements and standards are evolving, and unfavorable industry-specific laws, regulations, interpretive positions or standards could harm our business.
  • If the statutes and regulations in our industry change, our business could be adversely affected.
  • Risks Related to Acquisitions
  • Acquisitions may subject us to liability with regard to the creditors, customers, and shareholders of the sellers.
  • We may be unable to implement our strategy of acquiring companies.
  • Future acquisitions may result in potentially dilutive issuances of equity securities, the incurrence of indebtedness and increased amortization expense.
  • We face risks arising from acquisitions that we pursue in the future.
  • Risks Related to Our Management
  • Our success will be dependent on our management, and the continued service of key employees.
  • Our executive officers, directors and certain key stockholders own and control a significant number of voting securities and so long as they do, they are able to control the outcome of stockholder voting.
  • Risks Relating to Ownership of our Stock
  • Shares eligible for future sale may have an adverse effect on our share price.
  • Our Common Stock is considered a “penny stock,” and is subject to SEC rules that impose additional sales practice requirements on broker-dealers. These requirements may reduce the liquidity of our Common Stock and make it more difficult for investors to sell their shares.
  • We do not anticipate paying any cash dividends on our Common Stock in the foreseeable future.
  • If securities or industry analysts do not publish research or publish inaccurate or unfavorable research about our business, our stock price and trading volume could decline.
  • Our stock price has fluctuated in the past, has recently been volatile and may be volatile in the future, and as a result, investors in our Common Stock could incur substantial losses.
  • Our Common Stock has often been thinly traded, so investors may be unable to sell at or near ask prices or at all if investors need to sell shares to raise money or otherwise desire to liquidate their shares.
  • Because we may issue preferred stock without the approval of our shareholders and have other anti-takeover defenses, it may be more difficult for a third party to acquire us and could depress our stock price.
  • Risks Related to Debt Restructuring
  • Redemption of all shares of Series A Preferred Stock into Common Stock may lead to severe dilution of our existing shares.
  • Risks Related to Cybersecurity
  • If our information technology systems or data, or those of third parties upon which we rely, are or were compromised, or are perceived to have been compromised, we could experience adverse consequences, including but not limited to regulatory investigations or actions; litigation; fines and penalties; disruptions of our business operations; reputational harm; loss of revenue or profits; loss of customers or sales; and other adverse consequences.
  • We face the risk of unauthorized access to or breaches of our information systems.
  • Operations and Finances may be impacted by a cybersecurity breach of our information system.
  • We face challenges in detection and response of cybersecurity breaches.
  • Market and Industry Data

Legal proceedings

The Company has a number of legal situations involved with the winding down of its clinic business activities. These include claims regarding certain construction contracts and cancellation of leases as noted below:

Quincy Clinic a.k.a. 1776 Curtis

On September 28, 2021, we entered into an agreement to open a clinic in Denver, Colorado, which was expected to begin operation in the first quarter of 2023 but possession of which has been relinquished to the landlords. The initial lease term is for 94 months. Fixed rent payments under the initial term are approximately $1,079,000. A Final Judgment was granted on November 14, 2023, in the amount of $348,764 including interest, fees and other costs. The Company has released the property back to the leaseholder. The owner of the Quincy Clinic property filed before the same court, an action against the Company seeking to modify the final settlement for an additional $1,250,000, including $350,000 which represent amounts paid to the contractor who was performing the build out, who had filed liens on the property. As of August 8th, 2025, we settled this matter by providing an additional judgment in the amount of $500,000.

Administrative office

The opening of Item 3, Legal Proceedings.4

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