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NASC on OTC

Can B Corp

Can B Corp is an American wholesale-drugs company based in Hicksville, incorporated in Florida.2 Its shares trade on OTC under the symbol NASC.2

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Last updated Oct 21, 2026.

Overview

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  • TickerNASC on OTC2
  • IndustryWholesale-Drugs, Proprietaries & Druggists' Sundries2
  • HeadquartersHicksville, United States2
  • Incorporated inFL3
  • Business address960 South Broadway, Suite 120, Hicksville, Ny 118013
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formProfit Corporation2
  • LEI549300Z2T3J6ODOWDY422
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O Dilley, Carl, 33772 Seminole, United States2
  • Registered withFlorida Division of Corporations, P050001391552

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2013 and the patents have pending status in the European Union, India, China, Eurasia, South Korea, Mexico, Japan, and Colombia.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 2023

16.6%Gross margin5
-347.3%Operating margin5
-451.7%Net margin5
-67.8%Revenue growth, 20235
-$1.3MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue42¢$1.8M
  • Interest58¢$2.5M
  • Income tax0¢$9.6K

Out of $2.2M in revenue.5 The company lost money this year.

Financial statements

Revenue6789105$2.2M in 2023+1656% since 2017
0$2.0M$4.0M$6.0M$8.0M2017: $122.7K$122.7K20172018: $668.6K$668.6K2018+445%2019: $2.3M$2.3M2019+245%2020: $1.7M$1.7M2020−26%2021: $4.6M$4.6M2021+169%2022: $6.7M$6.7M2022+45%2023: $2.2M$2.2M2023−68%
Gross profit6789105$358.7K in 2023+358% since 2017
0$1.0M$2.0M$3.0M2017: $78.3K$78.3K20172018: $263.1K$263.1K2018+236%2019: $1.7M$1.7M2019+549%2020: $1.4M$1.4M2020−16%2021: $3.0M$3.0M2021+109%2022: $2.6M$2.6M2022−13%2023: $358.7K$358.7K2023−86%
Operating income6789105-$7.5M in 2023+950% since 2017
-$15.0M-$10.0M-$5.0M02017: -$712.8K-$712.8K20172018: -$3.4M-$3.4M2018+379%2019: -$5.9M-$5.9M2019+73%2020: -$7.5M-$7.5M2020+28%2021: -$10.3M-$10.3M2021+36%2022: -$14.2M-$14.2M2022+38%2023: -$7.5M-$7.5M2023−47%
Net income6789105-$9.7M in 2023+355% since 2017
-$15.0M-$10.0M-$5.0M02017: -$2.1M-$2.1M20172018: -$4.1M-$4.1M2018+92%2019: -$5.9M-$5.9M2019+43%2020: -$8.9M-$8.9M2020+50%2021: -$12.2M-$12.2M2021+37%2022: -$14.9M-$14.9M2022+23%2023: -$9.7M-$9.7M2023−35%
Fiscal year2017201820192020202120222023
Revenue$122.7K6$668.6K7$2.3M8$1.7M9$4.6M10$6.7M5$2.2M5
Cost of revenue$44.5K6$405.5K7$598.6K8$278.1K9$1.6M10$4.1M5$1.8M5
Gross profit$78.3K6$263.1K7$1.7M8$1.4M9$3.0M10$2.6M5$358.7K5
Research and development$37.0K6$75.0K7$150.0K8$165.0K8
Selling, general and admin$675.3K10$926.7K10
Operating expenses$13.3M10$16.8M5$7.8M5
Operating income-$712.8K6-$3.4M7-$5.9M8-$7.5M9-$10.3M10-$14.2M5-$7.5M5
Interest$279.2K6$263.5K7$8.8K8$934.7K9$2.1M10$902.1K5$2.5M5
Income before tax-$12.2M10-$14.9M5-$9.7M5
Income tax-$748.9K13$2.1K8$3.3K9$1.1K10$7935$9.6K5
Net income-$2.1M6-$4.1M7-$5.9M8-$8.9M9-$12.2M10-$14.9M5-$9.7M5
Earnings per share-$2.878-$1.628-$9.0610-$4.185-$0.775
Earnings per share (diluted)-$2.208-$1.368-$4.185-$0.775
Shares (weighted, basic)1.3M shares103.6M shares512.6M shares5
Shares (weighted, diluted)3.6M shares512.6M shares5

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Corporate structure

Can B 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 Can B Corp

  • Can B Corp Hicksville, New York, 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 Can B 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
Machinery and equipment$6.8M5 Dec 31, 2023$6.8M5 Dec 31, 2022+0.9%
Furniture and fixtures$21.7K5 Dec 31, 2023$21.7K5 Dec 31, 20220%
Leasehold improvements$26.9K5 Dec 31, 2023$26.9K5 Dec 31, 20220%
Property and equipment, before depreciation$7.7M5 Dec 31, 2023$7.6M5 Dec 31, 2022+0.8%
Accumulated depreciation$3.6M5 Dec 31, 2023$2.2M5 Dec 31, 2022+63.9%
Property and equipment, net$4.1M5 Dec 31, 2023$5.4M5 Dec 31, 2022−24.4%
Operating-lease assets (leased space)$295.2K5 Dec 31, 2023$1.1M5 Dec 31, 2022−74.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$34.0K5 Dec 31, 2023$73.2K5 Dec 31, 2022−53.5%

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, gross$120.0K5 Dec 31, 2023$120.0K5 Dec 31, 20220%
Accumulated amortization$24.9K5 Dec 31, 2023$12.9K5 Dec 31, 2022+93.4%
Finite-lived intangibles, net$95.1K5 Dec 31, 2023$107.1K5 Dec 31, 2022−11.2%

Inventory

ItemLatestA year beforeChange
Inventory, total$1.6M5 Dec 31, 2023$2.0M5 Dec 31, 2022−20.0%
Raw materials$1.2M5 Dec 31, 2023$829.8K5 Dec 31, 2022+44.1%
Finished goods$423.4K5 Dec 31, 2023$1.2M5 Dec 31, 2022−64.5%

Leadership

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

Chief executive

  1. Marco Alfonsi2017–2019

Chief financial officer

  1. Stanley L. Teeple2019

Chief operating officer

  1. David J. Posel2018
20202025
Board members and other officers (5)

Former names

  • Canbiola, Inc.May 12, 2017 to Mar 3, 20203
  • Wrapmail, Inc.Jan 10, 2011 to May 15, 20173

Timeline

  1. Oct 28, 20248-K Entered a material agreement; Listing notice or transfer; Change to shareholders' rights20
  2. Jun 18, 20248-K Exit or restructuring costs21
  3. May 31, 20248-K Change of auditor22
  4. May 6, 20248-K Change of auditor23
  5. Mar 21, 20248-K New debt or obligation24
  6. Mar 20, 20248-K Completed an acquisition or sale25
  7. Mar 6, 20248-K Other events26
  8. Mar 1, 20248-K Other events27
  9. Jan 16, 20248-K Other events28
  10. Dec 26, 20238-K Other events29
  11. Dec 5, 20238-K Debt or obligation accelerated30
  12. Nov 3, 20238-K Entered a material agreement; New debt or obligation; Unregistered sale of shares31
  13. Mar 22, 2017New chief executive Marco Alfonsi becomes CEO14
  14. Oct 11, 2005Founded Can B Corp is founded2

Filings

75 filings to the SEC since October 2021: 3 annual reports, 11 quarterly reports, 21 major events, 8 large holders, 32 other. The latest 20:

  1. Jul 16, 202515-12G EDGAR
  2. Mar 28, 2025NT 10-K EDGAR
  3. Jan 24, 2025EFFECT EDGAR
  4. Jan 13, 2025POS AM EDGAR
  5. Nov 19, 202410-Q EDGAR
  6. Nov 14, 2024SC 13G/A EDGAR
  7. Nov 13, 2024NT 10-Q EDGAR
  8. Oct 28, 202415-12G EDGAR
  9. Oct 28, 20248-K EDGAR
  10. Aug 19, 202410-Q EDGAR
  11. Aug 14, 2024NT 10-Q EDGAR
  12. Jul 17, 202410-Q/A EDGAR
  13. Jun 18, 20248-K EDGAR
  14. May 31, 20248-K EDGAR
  15. May 20, 202410-Q EDGAR
  16. May 16, 2024NT 10-Q EDGAR
  17. May 6, 20248-K EDGAR
  18. Apr 15, 202410-K EDGAR
  19. Mar 29, 2024NT 10-K EDGAR
  20. Mar 21, 20248-K EDGAR

The 75 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.

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$194.9K 2020–2020
Money received by yearMoney received by year, 2020–2020: $194.9K in all. PPP loans $194.9K.$0$50K$100K$150K$200K2020 · PPP loans: $194.9K2020
Figures by year
YearPPP loansTotal
2020$194.9K$194.9K

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA35. Matched to this company by name and state.

  1. Apr 28, 2020$194.9K PPP loan (first draw) from Investors Bank, A Division of Citizens Bank National Association35To CAN B CORP, Hicksville NY; $197.0K forgiven May 21, 2021

SEC filer profile

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

  • Name on EDGARCan B Corp1
  • CIK0001509957
  • Employer ID (EIN)20-36241181
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inFlorida1
  • Fiscal year endsDecember 311
  • Industry code (SIC)5122 Wholesale-Drugs, Proprietaries & Druggists' Sundries1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address960 South Broadway, Suite 120, Hicksville, NY 118011
  • Phone516-205-47511
  • Shares outstanding75,841,988 as of Nov 19, 202412
  • Public float$1.0M as of Jun 30, 20235
  • On EDGAR sinceJan 10, 20111
  • Filings280 in all: 8-K (81), 10-Q (26), NT 10-Q (22), S-1/A (13), UPLOAD (13), D (12), CORRESP (11), NT 10-K (9)1
    All 34 form types

    10-K (8), DEF 14C (8), 5 (7), PRE 14C (7), SC 13G (7), 3 (6), SC 13G/A (6), EFFECT (5), 424B3 (4), S-1 (4), 1-A POS (3), 10-Q/A (3), 253G2 (3), QUALIF (3), 1-A/A (2), 15-12G (2), 4 (2), 8-K/A (2), D/A (2), POS AM (2), RW (2), 1-A (1), 1-Z (1), 10-K/A (1), 8-A12G (1), PRER14C (1)

  • Latest filingsAnnual report (10-K) Apr 15, 2024
    Quarterly report (10-Q) Nov 19, 2024
    Latest 8-K (8-K) Oct 28, 2024

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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