Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
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
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Cash | $129.6K7 | $586.9K3 | $799.5K3 | ||
| Receivables | $1.7K7 | $286.9K3 | |||
| Inventory | $78.0K3 | $12.0K3 | |||
| Current assets | $183.6K7 | $733.0K3 | $1.1M3 | ||
| Property, plant and equipment | $2.9M3 | $195.6K3 | |||
| Goodwill | $200.2K7 | ||||
| Intangible assets | $194.6K7 | $344.8K3 | |||
| Total assets | $183.6K7 | $4.1M3 | $3.3M3 | ||
| Accounts payable | $61.5K3 | $253.6K3 | |||
| Current liabilities | $85.8K4 | $63.3K7 | $3.2M3 | $3.4M3 | |
| Long-term debt | $2.8M3 | ||||
| Total liabilities | $85.8K4 | $136.1K7 | $3.4M3 | $5.8M3 | |
| Retained earnings | -$8.0M3 | -$24.8M3 | |||
| Shareholders’ equity | -$85.8K4 | -$85.8K4 | $47.5K3 | $660.7K3 | -$2.5M3 |
| Shares outstanding | 502.1M shares4 | 99.4M shares7 | 100.7M shares3 | 106.5M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
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
| Item | Latest | A year before | Change |
|---|---|---|---|
| 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, 2021 | 0% |
| 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $799.5K3 Dec 31, 2022 | $586.9K3 Dec 31, 2021 | +36.2% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| 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
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
- Jan 9, 20238-K Entered a material agreement; Other events9
- Oct 19, 20228-K Entered a material agreement; New debt or obligation10
- Aug 26, 20228-K Entered a material agreement; Ended a material agreement; New debt or obligation11
- Jun 14, 20228-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation12
- Jun 2, 20228-K Other events13
- Apr 13, 20228-K Entered a material agreement; New debt or obligation; Unregistered sale of shares14
- Apr 5, 20228-K Entered a material agreement; Regulation FD disclosure15
- Mar 29, 20228-K Regulation FD disclosure16
- Mar 9, 20228-K Other events17
- Feb 9, 20228-K Completed an acquisition or sale; Regulation FD disclosure18
- Feb 3, 20228-K Entered a material agreement19
- 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:
- Apr 11, 2025REVOKED EDGAR
- May 16, 2023NT 10-Q EDGAR
- Apr 17, 202310-K EDGAR
- Mar 31, 2023NT 10-K EDGAR
- Jan 9, 20238-K EDGAR
- Nov 21, 202210-Q EDGAR
- Nov 14, 2022NT 10-Q EDGAR
- Oct 19, 20228-K EDGAR
- Aug 26, 20228-K EDGAR
- Aug 16, 202210-Q EDGAR
- Aug 16, 2022NT 10-Q EDGAR
- Jun 14, 20228-K/A EDGAR
- Jun 2, 20228-K EDGAR
- May 25, 20228-A12G EDGAR
- May 16, 202210-Q EDGAR
- Apr 13, 20228-K EDGAR
- Apr 5, 20228-K EDGAR
- Mar 30, 202210-K EDGAR
- Mar 29, 20228-K EDGAR
- 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.
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
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARSOLLENSYS CORP. filings on SEC EDGAR
- 2SEC EDGARSOLLENSYS CORP. filings on SEC EDGAR
- 3SEC EDGARSOLLENSYS CORP. 10-K for fiscal 2022
- 4SEC EDGARSOLLENSYS CORP. 10-K for fiscal 2020
- 5SEC EDGARSOLLENSYS CORP. 10-Q for fiscal 2022
- 6SEC EDGARSOLLENSYS CORP. 10-Q for fiscal 2022
- 7SEC EDGARSOLLENSYS CORP. 10-K for fiscal 2021
- 8
- 9
- 10
- 11
- 12
- 13SEC EDGAROther events
- 14
- 15
- 16SEC EDGARRegulation FD disclosure
- 17SEC EDGAROther events
- 18
- 19SEC EDGAREntered a material agreement
- 20SEC EDGAROther events
- 21