Private company

SOLLENSYS CORP.

SOLLENSYS CORP. is an American computer processing and data preparation services company.1 It is headquartered in Palm Bay, Florida.1

Last updated Oct 21, 2026.

Overview

  • IndustryServices-Computer Processing & Data Preparation1
  • HeadquartersPalm Bay, Florida1
  • Incorporated inNV2
  • Business address1470 Treeland Blvd Se, Palm Bay, Fl 329092
  • Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company2
  • Legal formCorporation

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

-149.1%Gross margin3
-1354.0%Operating margin3
-4867.8%Net margin3
90.2%Revenue growth, 20223

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue63¢$857.9K
  • Interest37¢$500.4K

Out of $344.5K in revenue.3 The company lost money this year.

Financial statements

Revenue3$344.5K in 2022+90% since 2021
0$100.0K$200.0K$300.0K$400.0K2021: $181.1K$181.1K20212022: $344.5K$344.5K2022+90%
Gross profit3-$513.4K in 2022+224% since 2021
-$600.0K-$400.0K-$200.0K02021: -$158.4K-$158.4K20212022: -$513.4K-$513.4K2022+224%
Operating income3-$4.7M in 2022+6% since 2021
-$6.0M-$4.0M-$2.0M02021: -$4.4M-$4.4M20212022: -$4.7M-$4.7M2022+6%
Net income43-$16.8M in 2022+64146% since 2020
-$20.0M-$15.0M-$10.0M-$5.0M02020: -$26.1K-$26.1K20202021: -$4.5M-$4.5M2021+17239%2022: -$16.8M-$16.8M2022+271%
Fiscal year20182019202020212022
Revenue$181.1K3$344.5K3
Cost of revenue$339.4K3$857.9K3
Gross profit-$158.4K3-$513.4K3
Operating expenses$4.2M3$4.2M3
Operating income-$4.4M3-$4.7M3
Interest$69.1K3$500.4K3
Income before tax-$4.5M3-$4.2M3
Income tax$07
Net income-$26.1K4-$4.5M3-$16.8M3

Compare SOLLENSYS CORP. with another company

What it owns

What SOLLENSYS 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
Land$484.2K3 Dec 31, 2021
Buildings and improvements$270.5K3 Dec 31, 2021
Furniture and fixtures$113.4K3 Dec 31, 2022$113.4K3 Dec 31, 20210%
Aircraft$104.1K3 Dec 31, 2022$93.6K3 Dec 31, 2021+11.1%
Property and equipment, before depreciation$248.7K3 Dec 31, 2022$2.9M3 Dec 31, 2021−91.5%
Accumulated depreciation$53.0K3 Dec 31, 2022$10.1K3 Dec 31, 2021+423.2%
Property and equipment, net$195.6K3 Dec 31, 2022$2.9M3 Dec 31, 2021−93.3%
Operating-lease assets (leased space)$1.6M3 Dec 31, 2022

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$799.5K3 Dec 31, 2022$586.9K3 Dec 31, 2021+36.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$200.2K7 Dec 31, 2021$07 Dec 31, 2020
Finite-lived intangibles, net$344.8K3 Dec 31, 2022$194.6K7 Dec 31, 2021+77.1%

Inventory

ItemLatestA year beforeChange
Inventory, total$12.0K3 Dec 31, 2022$78.0K3 Dec 31, 2021−84.6%

Leadership

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerDonald Beavers named Oct 1, 2021 to Jan 18, 20228

Former names

  • Health Directory Inc.Apr 28, 2011 to Aug 13, 20122

Timeline

  1. Jan 9, 20238-K Entered a material agreement; Other events9
  2. Oct 19, 20228-K Entered a material agreement; New debt or obligation10
  3. Aug 26, 20228-K Entered a material agreement; Ended a material agreement; New debt or obligation11
  4. Jun 14, 20228-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation12
  5. Jun 2, 20228-K Other events13
  6. Apr 13, 20228-K Entered a material agreement; New debt or obligation; Unregistered sale of shares14
  7. Apr 5, 20228-K Entered a material agreement; Regulation FD disclosure15
  8. Mar 29, 20228-K Regulation FD disclosure16
  9. Mar 9, 20228-K Other events17
  10. Feb 9, 20228-K Completed an acquisition or sale; Regulation FD disclosure18
  11. Feb 3, 20228-K Entered a material agreement19
  12. Dec 10, 20218-K Other events20

Filings

29 filings to the SEC since October 2021: 2 annual reports, 4 quarterly reports, 15 major events, 2 private raises, 6 other. The latest 20:

  1. Apr 11, 2025REVOKED EDGAR
  2. May 16, 2023NT 10-Q EDGAR
  3. Apr 17, 202310-K EDGAR
  4. Mar 31, 2023NT 10-K EDGAR
  5. Jan 9, 20238-K EDGAR
  6. Nov 21, 202210-Q EDGAR
  7. Nov 14, 2022NT 10-Q EDGAR
  8. Oct 19, 20228-K EDGAR
  9. Aug 26, 20228-K EDGAR
  10. Aug 16, 202210-Q EDGAR
  11. Aug 16, 2022NT 10-Q EDGAR
  12. Jun 14, 20228-K/A EDGAR
  13. Jun 2, 20228-K EDGAR
  14. May 25, 20228-A12G EDGAR
  15. May 16, 202210-Q EDGAR
  16. Apr 13, 20228-K EDGAR
  17. Apr 5, 20228-K EDGAR
  18. Mar 30, 202210-K EDGAR
  19. Mar 29, 20228-K EDGAR
  20. Mar 9, 20228-K EDGAR

The 29 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.

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.

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. Jan 18, 2022Filed a private offering of equity8 Form D: $10 million offered in all Form D
  2. Oct 1, 2021Filed a private offering of equity21 Form D: $10 million offered in all Form D

SEC filer profile

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

  • Name on EDGARSOLLENSYS CORP.1
  • CIK0001519177
  • Employer ID (EIN)80-06518161
  • Filer statusNon-accelerated filer<br>smaller reporting company<br>emerging growth company1
  • Incorporated inNevada1
  • Fiscal year endsDecember 311
  • Industry code (SIC)7374 Services-Computer Processing & Data Preparation1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address1470 Treeland Blvd Se, Palm Bay, FL 329091
  • Phone(866) 438-76571
  • Shares outstanding106,512,827 as of Apr 17, 20233
  • Public float$137.7M as of Jun 30, 20223
  • On EDGAR sinceApr 28, 20111
  • Filings105 in all: 8-K (40), 10-Q (13), UPLOAD (11), 8-K/A (6), D (6), 10-K (4), CORRESP (4), NT 10-Q (4)1
    All 21 form types

    S-1/A (4), 10-Q/A (2), 10-KT (1), 15-15D (1), 15-15D/A (1), 8-A12G (1), DEF 14C (1), EFFECT (1), NT 10-K (1), PRE 14C (1), REVOKED (1), S-1 (1), S-8 (1)

  • Latest filingsAnnual report (10-K) Apr 17, 2023
    Quarterly report (10-Q) Nov 21, 2022
    Latest 8-K (8-K) Jan 9, 2023