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Private company

SMART FOR LIFE, INC.

SMART FOR LIFE, INC. is an American medicinal chemicals and botanical products company based in Boca Raton.1

Last updated Oct 21, 2026.

Overview

  • IndustryMedicinal Chemicals & Botanical Products1
  • HeadquartersMiami, Florida1
  • Incorporated inDE2
  • Business address900 Biscayne Blvd., Suite 505, Miami, Fl 331322
  • Filer category, Emerging growth company2
  • Legal formCorporation

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Inc., or BSNM, and on November 24, 2020, we merged Millenium Natural Health Products Inc. into BSNM to better reflect our vertical integration.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

37.6%Gross margin5
-208.6%Operating margin5
-275.7%Net margin5
-48.3%Revenue growth, 20235

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue62¢$5.1M
  • Other costs38¢$3.1M

Out of $8.2M in revenue.5 The company lost money this year.

Financial statements

Revenue65$8.2M in 2023−9% since 2021
0$5.0M$10.0M$15.0M$20.0M2021: $9.0M$9.0M20212022: $15.9M$15.9M2022+76%2023: $8.2M$8.2M2023−48%
Gross profit65$3.1M in 2023+7% since 2021
0$2.0M$4.0M$6.0M2021: $2.9M$2.9M20212022: $5.1M$5.1M2022+76%2023: $3.1M$3.1M2023−39%
Operating income65-$17.2M in 2023+227% since 2021
-$20.0M-$15.0M-$10.0M-$5.0M02021: -$5.2M-$5.2M20212022: -$12.0M-$12.0M2022+128%2023: -$17.2M-$17.2M2023+44%
Net income65-$22.7M in 2023+192% since 2021
-$30.0M-$20.0M-$10.0M02021: -$7.8M-$7.8M20212022: -$30.0M-$30.0M2022+286%2023: -$22.7M-$22.7M2023−24%
Fiscal year2020202120222023
Revenue$9.0M6$15.9M5$8.2M5
Cost of revenue$6.1M6$10.8M5$5.1M5
Gross profit$2.9M6$5.1M5$3.1M5
Operating expenses$8.1M6$17.0M5$20.2M5
Operating income-$5.2M6-$12.0M5-$17.2M5
Interest$937.0K6$4.1M6
Income before tax-$7.8M6-$28.2M5-$21.1M5
Net income-$7.8M6-$30.0M5-$22.7M5
Earnings per share-$0.616-$3,069.615-$166.315
Shares (weighted, basic)13.4T shares69.8K shares5136.3K shares5

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Corporate structure

SMART FOR LIFE, INC. sits at the top of its group. 12 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of SMART FOR LIFE, INC.

  • SMART FOR LIFE, INC. Miami, Florida
    • Ceautamed Worldwide LLC Subsidiary · Florida, United States
    • Doctors Scientific Organica, LLC Subsidiary · Florida, United States
    • Greens First Female LLC Subsidiary · Florida, United States
    • GSP Nutrition Inc. Subsidiary · Delaware, United States
    • Lavi Enterprises, LLC Subsidiary · Florida, United States
    • Lawee Enterprises, L.L.C. Subsidiary · Florida, United States
    • Nexus Offers, Inc. Subsidiary · Florida, United States
    • Oyster Management Services, L.L.C. Subsidiary · Florida, United States
    • Smart for Life Canada Inc. Subsidiary · Canada
    • U.S. Medical Care Holdings, L.L.C. Subsidiary · Florida, United States
    • Wellness Watchers Global, LLC Subsidiary · Florida, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What SMART FOR LIFE, 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

ItemLatestA year beforeChange
Property and equipment, before depreciation$471.9K5 Dec 31, 2023$400.9K5 Dec 31, 2022+17.7%
Accumulated depreciation$371.3K5 Dec 31, 2023$181.7K5 Dec 31, 2022+104.3%
Property and equipment, net$100.5K5 Dec 31, 2023$219.2K5 Dec 31, 2022−54.1%
Operating-lease assets (leased space)$2.0M5 Dec 31, 2023$2.3M5 Dec 31, 2022−12.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$188.6K5 Dec 31, 2023$70.8K5 Dec 31, 2022+166.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$3.0M5 Dec 31, 2023$5.8M5 Dec 31, 2022−47.6%
Indefinite-lived intangibles (excluding goodwill)$4.1M5 Jun 30, 2023
Finite-lived intangibles, gross$14.0M5 Dec 31, 2023$18.4M5 Dec 31, 2022−23.7%
Accumulated amortization$3.0M5 Dec 31, 2023$2.1M5 Dec 31, 2022+41.4%
Finite-lived intangibles, net$11.0M5 Dec 31, 2023$16.3M5 Dec 31, 2022−32.2%

Inventory

ItemLatestA year beforeChange
Inventory, total$1.2M5 Dec 31, 2023$2.2M5 Dec 31, 2022−43.1%
Raw materials$252.3K5 Dec 31, 2023$361.6K5 Dec 31, 2022−30.2%
Work in process$617.4K5 Dec 31, 2023$946.9K5 Dec 31, 2022−34.8%
Finished goods$373.1K5 Dec 31, 2023$873.8K5 Dec 31, 2022−57.3%

Leadership

Who has led SMART FOR LIFE, INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Ryan F. Zackon2022
  2. Darren C. Minton2022–2023

Chair

  1. Alfonso J. Cervantes Jr.2022–2023

President

  1. Darren C. Minton2022

Chief financial officer

  1. Alan B. Bergman2022–2023
2025
Board members and other officers (6)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • DirectorRoger Conley Wood named Dec 14, 202218
  • DirectorRonald S. Altbach named Dec 14, 202218

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Ceautamed Worldwide LLC Florida3
  • Doctors Scientific Organica, LLC Florida3
  • GSP Nutrition Inc. Delaware3
  • Greens First Female LLC Florida3
  • Lavi Enterprises, LLC Florida3
  • Lawee Enterprises, L.L.C. Florida3
  • Nexus Offers, Inc. Florida3
  • Oyster Management Services, L.L.C. Florida3
  • Smart for Life Canada Inc. Canada3
  • U.S. Medical Care Holdings, L.L.C. Florida3
  • Wellness Watchers Global, LLC Florida3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Bonne Sante Group, Inc.Mar 26, 2021 to Jul 12, 20212

Timeline

  1. Dec 8, 20258-K Executive or director change; Other events19
  2. Dec 13, 20248-K Executive or director change20
  3. Oct 15, 20248-K Change of auditor21
  4. Oct 4, 20248-K Entered a material agreement; Completed an acquisition or sale22
  5. Sep 23, 20248-K Listing notice or transfer23
  6. Aug 26, 20248-K Listing notice or transfer24
  7. Jun 28, 20248-K Other events25
  8. Jun 7, 20248-K Entered a material agreement; Unregistered sale of shares; Other events26
  9. May 31, 20248-K Entered a material agreement27
  10. May 28, 20248-K Listing notice or transfer28
  11. Apr 30, 20248-K Listing notice or transfer29
  12. Apr 24, 20248-K Executive or director change30
  13. Aug 16, 2022New chief executive Darren C. Minton becomes CEO10
  14. Feb 15, 2022New chief executive Ryan F. Zackon becomes CEO9

Calendar

When it reported results

  1. Aug 23, 2023Reported quarterly or annual results31
  2. May 22, 2023Reported quarterly or annual results32
  3. Mar 31, 2023Reported quarterly or annual results33
  4. Nov 14, 2022Reported quarterly or annual results34
  5. Aug 15, 2022Reported quarterly or annual results35
  6. May 16, 2022Reported quarterly or annual results36
  7. Apr 1, 2022Reported quarterly or annual results37

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

200 filings to the SEC since October 2021: 3 annual reports, 9 quarterly reports, 58 major events, 47 insider forms, 7 large holders, 2 private raises, 74 other. The latest 20:

  1. Dec 8, 20258-K CURRENT REPORT EDGAR
  2. Jun 11, 202510-Q QUARTERLY REPORT EDGAR
  3. May 23, 202510-Q QUARTERLY REPORT EDGAR
  4. May 12, 202510-Q QUARTERLY REPORT EDGAR
  5. Dec 13, 20248-K CURRENT REPORT EDGAR
  6. Nov 14, 2024SC 13G/A EDGAR
  7. Nov 14, 2024NT 10-Q NOTIFICATION OF LATE FILING EDGAR
  8. Oct 15, 20248-K CURRENT REPORT EDGAR
  9. Oct 4, 20248-K CURRENT REPORT EDGAR
  10. Sep 23, 20248-K CURRENT REPORT EDGAR
  11. Sep 20, 202410-K ANNUAL REPORT EDGAR
  12. Sep 12, 20244 PRIMARY DOCUMENT EDGAR
  13. Sep 11, 20244 PRIMARY DOCUMENT EDGAR
  14. Sep 11, 20243 PRIMARY DOCUMENT EDGAR
  15. Sep 3, 20243 PRIMARY DOCUMENT EDGAR
  16. Aug 26, 20248-K CURRENT REPORT EDGAR
  17. Aug 14, 2024NT 10-Q NOTIFICATION OF LATE FILING EDGAR
  18. Jun 28, 20248-K CURRENT REPORT EDGAR
  19. Jun 7, 20248-K CURRENT REPORT EDGAR
  20. May 31, 20248-K CURRENT REPORT EDGAR

The 200 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

9 open-market trades by officers, directors and large owners since October 2021: 2 buys and 7 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 11, 2024HRT FINANCIAL LP10% ownerSale39,093$0.86$33.6KForm 4
Sep 10, 2024HRT FINANCIAL LP10% ownerBuy23,962$0.89$21.3KForm 4
Sep 9, 2024HRT FINANCIAL LP10% ownerBuy17,722$0.94$16.7KForm 4
Sep 6, 2024HRT FINANCIAL LP10% ownerSale23,811$1.03$24.5KForm 4
Sep 5, 2024HRT FINANCIAL LP10% ownerSale5,991$1.08$6.5KForm 4
Dec 16, 2022Trilogy Capital Group, LLC10% ownerSale1,161,000$0.26$301.9KForm 4
Dec 16, 2022Cervantes Alfonso J. JRExecutive ChairmanSale1,161,000$0.26$301.9KForm 4
Jun 9, 2022Altbach Ronald S.DirectorSale4,505$0.44$2.0KForm 4
Jun 9, 2022Altbach Ronald S.DirectorSale888$0.44$391Form 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.

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$1.2M 2021–2022
Money received by yearMoney received by year, 2021–2022: $1.2M in all. Private raises (Form D) $1.2M.$0$250K$500K$750K$1M2021 · Private raises (Form D): $250.0K20212022 · Private raises (Form D): $1.0M2022
Figures by year
YearPrivate raises (Form D)Total
2022$1.0M$1.0M
2021$250.0K$250.0K

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Dec 8, 2022Raised $1 million in a private offering of equity18 Form D: 5 investors so far Form D
  2. Dec 23, 2021Raised $250,000 in a private offering of debt41 Form D: $1.5 million offered in all Form D

SEC filer profile

How SMART FOR LIFE, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSMART FOR LIFE, INC.1
  • CIK0001851860
  • Employer ID (EIN)81-53601281
  • Filer status<br>emerging growth company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)2833 Medicinal Chemicals & Botanical Products1
  • SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
  • Business address900 Biscayne Blvd., Suite 505, Miami, FL 331321
  • Phone786-749-12211
  • Shares outstanding7,090,728 as of Jun 10, 20258
  • Public float$6.4M as of Jun 30, 20235
  • On EDGAR sinceMar 26, 20211
  • Filings206 in all: 8-K (57), 4 (29), 3 (14), CORRESP (13), 424B3 (10), UPLOAD (10), 10-Q (9), EFFECT (7)1
    All 35 form types

    NT 10-Q (6), S-1/A (6), 4/A (4), D (4), SC 13G/A (4), 10-K (3), S-1 (3), S-3 (3), 424B5 (2), DRSLTR (2), S-8 (2), SC 13D (2), SEC STAFF LETTER (2), 25-NSE (1), 424B4 (1), 8-A12B (1), 8-K/A (1), CERT (1), DEF 14A (1), DRS (1), DRS/A (1), NT 10-K (1), POS AM (1), PRE 14A (1), PRER14A (1), S-3/A (1), SC 13G (1)

  • Latest filingsAnnual report (10-K) Sep 20, 2024
    Quarterly report (10-Q) Jun 11, 2025
    Proxy statement (DEF 14A) Feb 6, 2023
    Latest 8-K (8-K) Dec 8, 2025

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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