Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Regions
Latin America brought in 53% of the revenue Stemtech Corp broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| Latin America | $2.7M | $1.5M |
| Americas | $2.2M | $1.2M |
| Asia | $215.3K | $116.9K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue20¢$566.9K
- Other costs80¢$2.3M
Out of $2.9M in revenue.34 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| NET SALES | $2.9M | $5.1M | |
| Cost of goods sold | $496.8K | $1.2M | |
| Freight-in | $70.1K | $109.9K | |
| TOTAL COST OF GOODS SOLD | $566.9K | $1.3M | |
| GROSS PROFIT | $2.3M | $3.7M | |
| Commissions | $437.0K | $780.8K | |
| Selling and marketing | $27.2K | $99.2K | |
| General and administrative | $4.6M | $5.2M | |
| Research and development | $0 | $0 | |
| TOTAL OPERATING EXPENSES | $5.0M | $6.1M | |
| OPERATING LOSS | -$2.7M | -$2.4M | |
| Change in fair value of derivative liability | $0 | $0 | |
| Interest expense | -$1.5M | -$1.6M | |
| Other income and expenses, net | $111.4K | $85.4K | |
| Gain on settlement of derivative liabilities | $0 | $0 | |
| Gain (loss) on extinguishment of debt | $0 | $107.7K | |
| Loss on disposal of assets | $0 | $0 | |
| TOTAL OTHER INCOME (EXPENSE) | -$1.3M | -$1.4M | |
| INCOME (LOSS) BEFORE INCOME TAXES | -$4.0M | -$3.8M | |
| PROVISION FOR INCOME TAXES | $0 | $0 | |
| NET LOSS | -$4.0M | -$3.8M | |
| NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS | -$3.1K | -$3.1K | -$1.7K |
| Basic | -$0.02 | -$0.03 | |
| Diluted | -$0.02 | -$0.03 | |
| Basic | 169.8M shares | 118.7M shares | |
| Diluted | 169.8M shares | 118.7M shares | |
| Net loss | -$4.0M | -$3.8M | -$5.4M |
| Change in foreign currency translation adjustments | $6.5K | -$336.8K | |
| Comprehensive loss available to common stockholders | -$4.0M | -$4.1M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash | $238.2K | $255.3K | $114.2K | |
| Accounts receivable, net | $269.7K | |||
| Inventory, net | $217.3K | $197.4K | ||
| Prepaid expenses and other current assets | $1.5K | $199.3K | ||
| TOTAL CURRENT ASSETS | $457.1K | $921.7K | ||
| Property and equipment, net | $0 | |||
| Intangible assets, net | $2.2M | $2.4M | ||
| Other long term assets | $0 | $0 | ||
| Long term deposits | $16.5K | $16.9K | ||
| Operating lease right-of-use assets - net | $0 | $0 | ||
| Goodwill | $467.4K | $467.4K | ||
| Intercompany | $0 | $0 | ||
| TOTAL ASSETS | $3.1M | $3.8M | ||
| Accounts payable and accrued expenses | $5.4M | $4.3M | ||
| Notes payable | $2.3M | $2.0M | ||
| Convertible debentures, net of discount | $1.8M | $1.8M | ||
| Deferred revenues | $171.5K | $1.5K | ||
| Factoring liability | $843.1K | $673.6K | ||
| Derivative liability | $0 | $0 | ||
| TOTAL CURRENT LIABILITIES | $10.6M | $8.7M | ||
| Notes payable - Long term | $0 | $0 | ||
| Operating lease liabilities - noncurrent | $0 | $0 | ||
| Other long term liabilities | $0 | $0 | ||
| TOTAL LIABILITIES | $10.6M | $8.7M | ||
| COMMITMENTS AND CONTINGENCIES (Note 12) | $267.0K | $267.0K | ||
| Common stock - $0.001 par value; 1,500,000,000 shares authorized; 425,980,711 and 135,756,053 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $426.0K | $135.8K | ||
| Additional paid in capital | $27.6M | $26.4M | ||
| Accumulated other comprehensive loss | -$139.8K | -$146.3K | ||
| Accumulated deficit | -$34.9M | -$30.8M | ||
| Stemtech Corporation shareholders deficit | -$7.0M | -$4.5M | ||
| Non-controlling interest in subsidiaries | -$745.8K | -$742.6K | ||
| Net loss | $0 | $0 | ||
| TOTAL STOCKHOLDERS EQUITY | -$7.7M | -$5.2M | -$2.8M | -$3.2M |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $3.1M | $3.8M | ||
| Common stock, par value | $0.00 | $0.00 | ||
| Common Stock, shares authorized | 1.5B shares | 1.5B shares | ||
| Common stock, shares issued | 426.0M shares | 135.8M shares | ||
| Common stock, shares outstanding | 426.0M shares | 135.8M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash | $238.2K | $255.3K | $114.2K | |
| Accounts receivable, net | $269.7K | |||
| Inventory, net | $217.3K | $197.4K | ||
| Prepaid expenses and other current assets | $1.5K | $199.3K | ||
| TOTAL CURRENT ASSETS | $457.1K | $921.7K | ||
| Property and equipment, net | $0 | |||
| Intangible assets, net | $2.2M | $2.4M | ||
| Other long term assets | $0 | $0 | ||
| Long term deposits | $16.5K | $16.9K | ||
| Operating lease right-of-use assets - net | $0 | $0 | ||
| Goodwill | $467.4K | $467.4K | ||
| Intercompany | $0 | $0 | ||
| TOTAL ASSETS | $3.1M | $3.8M | ||
| Accounts payable and accrued expenses | $5.4M | $4.3M | ||
| Notes payable | $2.3M | $2.0M | ||
| Convertible debentures, net of discount | $1.8M | $1.8M | ||
| Deferred revenues | $171.5K | $1.5K | ||
| Factoring liability | $843.1K | $673.6K | ||
| Derivative liability | $0 | $0 | ||
| TOTAL CURRENT LIABILITIES | $10.6M | $8.7M | ||
| Notes payable - Long term | $0 | $0 | ||
| Operating lease liabilities - noncurrent | $0 | $0 | ||
| Other long term liabilities | $0 | $0 | ||
| TOTAL LIABILITIES | $10.6M | $8.7M | ||
| COMMITMENTS AND CONTINGENCIES (Note 12) | $267.0K | $267.0K | ||
| Common stock - $0.001 par value; 1,500,000,000 shares authorized; 425,980,711 and 135,756,053 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $426.0K | $135.8K | ||
| Additional paid in capital | $27.6M | $26.4M | ||
| Accumulated other comprehensive loss | -$139.8K | -$146.3K | ||
| Accumulated deficit | -$34.9M | -$30.8M | ||
| Stemtech Corporation shareholders deficit | -$7.0M | -$4.5M | ||
| Non-controlling interest in subsidiaries | -$745.8K | -$742.6K | ||
| Net loss | $0 | $0 | ||
| TOTAL STOCKHOLDERS EQUITY | -$7.7M | -$5.2M | -$2.8M | -$3.2M |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $3.1M | $3.8M | ||
| Common stock, par value | $0.00 | $0.00 | ||
| Common Stock, shares authorized | 1.5B shares | 1.5B shares | ||
| Common stock, shares issued | 426.0M shares | 135.8M shares | ||
| Common stock, shares outstanding | 426.0M shares | 135.8M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$4.0M | -$3.8M |
| Depreciation and amortization | $167.5K | $344.5K |
| Amortization of right of use asset | $0 | $70.8K |
| Operating lease liabilities | $0 | -$66.9K |
| Stock compensation expense | $439.1K | $440.3K |
| Non-cash interest expense from issuance on debt (derivative) | $0 | $0 |
| Amortization of debt discount | $56.1K | $362.4K |
| Change in fair value of derivative liabilities | $0 | $0 |
| Gain (loss) on settlement of derivative liabilities | $0 | $0 |
| Cancellation of shares returned by shareholders | $0 | $0 |
| Stock issued for services | $1.1M | $746.4K |
| (Gain) loss on extinguishment of debt | $0 | -$107.7K |
| Accounts receivable | $269.7K | -$208.3K |
| Inventory | -$20.0K | -$149.0K |
| Prepaid expenses and other current assets | $197.9K | -$22.6K |
| Accounts payable and accrued expenses | $1.2M | $1.8M |
| Long term deposits | $452 | $6.8K |
| Operating lease liabilities | $0 | $0 |
| Deferred revenues | $170.0K | -$54.6K |
| Net cash used in operating activities | -$483.6K | -$601.2K |
| Purchase of property and equipment | $0 | $0 |
| Net cash used in investing activities | $0 | $0 |
| Proceeds from notes payable | $290.6K | $274.7K |
| Net proceeds from factoring arrangement | $169.5K | $529.7K |
| Repayment of note payable | $0 | -$282.0K |
| Stock issued for cash | $0 | $474.8K |
| Proceeds from note payable - related parties | $0 | $82.0K |
| Net cash provided (used) by financing activities | $460.0K | $1.1M |
| Effects of currency translation on cash | $6.5K | -$336.8K |
| Net increase (decrease) in cash | -$17.1K | $141.1K |
| Cash paid for interest | $0 | $6.8K |
| Cash paid for income taxes | $0 | $0 |
No quarter-by-quarter statement was filed.
Corporate structure
Stemtech Corp sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Stemtech Corp
- R&T Sports Marketing, Inc. Filed SC 13G on Stemtech Corp, latest Sep 7, 2022
- Taconic Group, LLC Filed SC 13G on Stemtech Corp, latest Sep 7, 2022
- Stemtech Corp Naples, Florida
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Stemtech 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 |
|---|---|---|---|
| Property and equipment, net | $03 Dec 31, 2024 | $10.1K8 Dec 31, 2023 | −100.0% |
| Operating-lease assets (leased space) | $03 Dec 31, 2025 | $03 Dec 31, 2024 |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $467.4K3 Dec 31, 2025 | $467.4K3 Dec 31, 2024 | 0% |
| Intangible assets, net (excluding goodwill) | $2.2M3 Dec 31, 2025 | $2.4M3 Dec 31, 2024 | −7.0% |
| Accumulated amortization | -$3.0M3 Dec 31, 2025 | -$2.8M3 Dec 31, 2024 | −5.9% |
| Finite-lived intangibles, net | $2.2M3 Dec 31, 2025 | $2.3M8 Dec 31, 2024 | −7.2% |
Inventory
Leadership
Who has led Stemtech Corp, and when. Pick a name to see everywhere that person has worked.
Board members and other officers (1)
- Board memberBenjamin Nathaniel Kaplan Sep 9, 2022 to now12
Former names
- Globe Net Wireless Corp.Feb 11, 2011 to Sep 21, 20212
Timeline
- Apr 14, 20258-K Executive or director change13
- Jan 3, 20258-K Regulation FD disclosure14
- Dec 6, 20248-K Entered a material agreement; Regulation FD disclosure15
- Dec 3, 20248-K Entered a material agreement16
- Aug 19, 20248-K Change of auditor17
- Mar 31, 20238-K Entered a material agreement18
- Apr 18, 20228-K Bylaws or fiscal year changed19
- Nov 12, 20218-K Bylaws or fiscal year changed20
- Nov 12, 20218-K Change of auditor21
Filings
65 filings to the SEC since October 2021: 5 annual reports, 18 quarterly reports, 9 major events, 9 insider forms, 2 large holders, 22 other. The latest 20:
- Aug 14, 202610-Q FORM 10-Q FOR JUN 2026 EDGAR
- Jun 22, 202610-Q QUARTERLY REPORT EDGAR
- May 29, 202610-K FORM 10-K FOR DEC 2025 EDGAR
- May 14, 2026NT 10-Q/A AMENDMENT NO 1 EDGAR
- May 14, 2026NT 10-Q NOTICE OF LATE FILING EDGAR
- Mar 31, 2026NT 10-K EXTENSION FOR DECEMBER 2025 10-K EDGAR
- Nov 19, 202510-Q FORM 10-Q FOR SEP 2025 EDGAR
- Nov 14, 2025NT 10-Q 09-30-25 10-Q EXTENSION EDGAR
- Aug 19, 202510-Q FORM 10-Q FOR JUN 2025 EDGAR
- Aug 14, 2025NT 10-Q EXTENSION EDGAR
- Jul 17, 202510-Q FORM 10-Q FOR MAR 2025 EDGAR
- Jun 30, 202510-K FORM 10-K FOR DEC 2024 EDGAR
- Jun 27, 20254 PRIMARY DOCUMENT EDGAR
- May 15, 2025NT 10-Q/A AMENDED EXTENSION REQUEST EDGAR
- May 15, 2025NT 10-Q 10-Q EXTENSION EDGAR
- Apr 14, 20258-K STEMTECH EDGAR
- Mar 31, 2025NT 10-K EXTENSION EDGAR
- Jan 3, 20258-K CURRENT REPORT EDGAR
- Dec 6, 20248-K CURRENT REPORT EDGAR
- Dec 3, 20248-K CURRENT REPORT EDGAR
The 65 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
3 open-market trades by officers, directors and large owners since October 2021: 1 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 23, 2025 | KAPLAN BENJAMIN NATHANIELDirector | Sale | 1,000,000 | $0.03 | $30.0K | Form 4 |
| Jul 26, 2024 | ARNOLD CHARLES STUARTDirector | Buy | 25,000 | $0.05 | $1.2K | Form 4 |
| Apr 19, 2024 | Mindshare Holdings, Inc. | Sale | 25,000 | $0.06 | $1.5K | Form 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.
- R&T Sports Marketing, Inc.SC 13G, 1 filing Sep 7, 202222
- Taconic Group, LLCSC 13G, 1 filing Sep 7, 202223
SEC filer profile
How Stemtech Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARStemtech Corp1
- CIK0001511820
- Employer ID (EIN)87-215144024
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company24
- Incorporated inNevada24
- Fiscal year endsDecember 311
- Industry code (SIC)5122 Wholesale-Drugs, Proprietaries & Druggists' Sundries1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address4851 Tamiami Trail North, Suite 200, Naples, FL 341031
- Phone(954) 715-60001
- Shares outstanding2,997,032,856 as of Aug 13, 20264
- Public float$5.6M as of Jun 30, 202524
- AuditorBush & Associates CPA LLC, Las Vegas, Nevada PCAOB ID 6797; no auditor attestation of internal control over financial reporting24
- On EDGAR sinceFeb 11, 20111
- Filings159 in all: 10-Q (39), 8-K (18), NT 10-Q (17), S-1/A (15), 10-K (13), CORRESP (12), NT 10-K (11), UPLOAD (9)1
All 20 form types
4 (6), 10-Q/A (3), 3 (3), EFFECT (2), NT 10-Q/A (2), S-1 (2), SC 13G (2), 10-K/A (1), NTN 10K (1), POS AM (1), RW (1), SC 14F1 (1)
- Latest filingsAnnual report (10-K) May 29, 2026
Quarterly report (10-Q) Aug 14, 2026
Latest 8-K (8-K) Apr 14, 2025
Risk factors and legal proceedings
Legal proceedings
On August 6, 2019, the former CEO (prior to the Company’s bankruptcy proceedings) filed a lawsuit against the Company’s subsidiary, Stemtech Health Sciences Corp., alleging unpaid salary and vacation pay related to a period prior to the current management team assuming control in 2018. The total claim is for approximately $267,000. The Company has filed a counterclaim against the former CEO and considers his claims to be without merit.
As of December 31, 2025, and 2024, the Company has accrued $267,000 related to this matter, which is included in accounts payable and accrued liabilities in the consolidated balance sheets. The Court dismissed the former CEO’s request for summary judgment on March 3, 2023; however, the litigation remains ongoing.
As of the date of this filing, the Company was in default under certain Merchant Cash Advance (“MCA”) financing agreements. The lenders may proceed with legal proceedings seeking recovery of outstanding balances. These balances continue to be fully reflected as liabilities within the Company’s condensed consolidated balance sheet as of December 31, 2025.
The opening of Item 3, Legal Proceedings.24
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARStemtech Corp filings on SEC EDGAR
- 2SEC EDGARStemtech Corp filings on SEC EDGAR
- 3SEC EDGARStemtech Corp 10-K for fiscal 2025
- 4SEC EDGARStemtech Corp 10-K for fiscal 2025
- 5SEC EDGARStemtech Corp 10-K for fiscal 2020
- 6SEC EDGARStemtech Corp 10-K for fiscal 2021
- 7SEC EDGARStemtech Corp 10-K for fiscal 2022
- 8SEC EDGARStemtech Corp 10-K for fiscal 2023
- 9SEC EDGARStemtech Corp 10-K for fiscal 2019
- 10SEC EDGARStemtech Corp 10-Q for fiscal 2025
- 11SEC EDGARStemtech Corp 10-Q for fiscal 2026
- 12
- 13SEC EDGARExecutive or director change
- 14SEC EDGARRegulation FD disclosure
- 15
- 16SEC EDGAREntered a material agreement
- 17SEC EDGARChange of auditor
- 18SEC EDGAREntered a material agreement
- 19SEC EDGARBylaws or fiscal year changed
- 20SEC EDGARBylaws or fiscal year changed
- 21SEC EDGARChange of auditor
- 22
- 23
- 24