Overview
$18.7M Revenue, fiscal 20242 -$9.5M Net income, fiscal 20242
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Ticker BHATF on OTC Industry Wholesale-Chemicals & Allied Products Headquarters E9 Incorporated in Cayman Islands3 Business address 7Th Floor, Building C, No. 1010,, Anling Road, Huli District, Xiamen, F4 000003 Filer category Non-accelerated filer, Emerging growth company3
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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 2024 -74.6% Revenue growth, 20242 Where the money goes Where each dollar of revenue went, fiscal 2024 Cost of revenue Research and development
Cost of revenue 84¢ $17.2M Research and development 15¢ $3.2M Interest 1¢ $184.0K Out of $18.7M in revenue.2 The company lost money this year.
Financial statements
Income statement Balance sheet Cash flow
Annual Quarterly
Revenue4 5 6 7 8 2 $18.7M in 2024+32% since 2017 0 $20.0M $40.0M $60.0M $80.0M 2017: $14.1M $14.1M 2017 2018: $18.5M $18.5M 2018 +31% 2019: $23.8M $23.8M 2019 +29% 2020: $24.6M $24.6M 2020 +3% 2021: $12.1M $12.1M 2021 −51% 2022: $2.2M $2.2M 2022 −82% 2023: $73.7M $73.7M 2023 +3256% 2024: $18.7M $18.7M 2024 −75% Gross profit4 5 6 7 8 2 $1.5M in 2024−83% since 2017 0 $5.0M $10.0M $15.0M $20.0M 2017: $8.8M $8.8M 2017 2018: $12.4M $12.4M 2018 +40% 2019: $16.3M $16.3M 2019 +31% 2020: $13.4M $13.4M 2020 −18% 2021: $6.4M $6.4M 2021 −53% 2022: $1.2M $1.2M 2022 −81% 2023: $1.2M $1.2M 2023 −7% 2024: $1.5M $1.5M 2024 +34% Operating income4 5 6 7 8 2 -$4.5M in 2024-$60.0M -$40.0M -$20.0M 0 $20.0M 2017: $5.9M $5.9M 2017 2018: $8.3M $8.3M 2018 +40% 2019: $9.5M $9.5M 2019 +14% 2020: $10.2M $10.2M 2020 +8% 2021: -$51.2M -$51.2M 2021 2022: -$7.9M -$7.9M 2022 −85% 2023: -$28.9M -$28.9M 2023 +265% 2024: -$4.5M -$4.5M 2024 −85% Net income4 5 7 8 2 -$9.5M in 2024-$60.0M -$40.0M -$20.0M 0 $20.0M 2017: $5.1M $5.1M 2017 2018: $7.9M $7.9M 2018 +55% 2019: $9.1M $9.1M 2019 +15% 2020: $8.2M $8.2M 2020 −10% 2021: -$57.1M -$57.1M 2021 2022: -$9.4M -$9.4M 2022 −84% 2023: -$19.3M -$19.3M 2023 +106% 2024: -$9.5M -$9.5M 2024 −51%
No quarterly figures reported.
Fiscal year 2017 2018 2019 2020 2021 2022 2023 2024 Revenue $14.1M4 $18.5M5 $23.8M6 $24.6M7 $12.1M8 $2.2M2 $73.7M2 $18.7M2 Cost of revenue $5.3M4 $6.1M5 $7.5M6 $11.2M7 $5.8M8 $958.4K2 $72.5M2 $17.2M2 Gross profit $8.8M4 $12.4M5 $16.3M6 $13.4M7 $6.4M8 $1.2M2 $1.2M2 $1.5M2 Research and development $355.7K4 $286.8K5 $1.0M6 $246.9K7 $11.2M8 $2.7M2 $2.6M2 $3.2M2 Operating income $5.9M4 $8.3M5 $9.5M6 $10.2M7 -$51.2M8 -$7.9M2 -$28.9M2 -$4.5M2 Interest $183.3K4 $142.6K5 $171.9K6 $439.6K7 $230.0K8 $133.9K2 $222.1K2 $184.0K2 Income tax $955.2K4 $605.4K5 $453.7K6 $1.7M7 $1.1K8 $1.1M2 $6.1K2 Net income $5.1M4 $7.9M5 $9.1M5 $8.2M7 -$57.1M8 -$9.4M2 -$19.3M2 -$9.5M2 Earnings per share $0.245 $0.265 $0.215 $0.008 $0.038 $0.308 Earnings per share (diluted) $0.245 $0.265 $0.215 $0.008 $119.422 $97.932 $16.292
Total assets4 5 6 7 8 2 $75.2M in 2024+112% since 2018 0 $20.0M $40.0M $60.0M $80.0M 2018: $35.5M $35.5M 2018 2019: $58.8M $58.8M 2019 +66% 2020: $75.7M $75.7M 2020 +29% 2021: $36.5M $36.5M 2021 −52% 2022: $34.3M $34.3M 2022 −6% 2023: $49.3M $49.3M 2023 +44% 2024: $75.2M $75.2M 2024 +53% Total liabilities4 5 6 7 8 2 $43.1M in 2024+497% since 2018 0 $20.0M $40.0M $60.0M 2018: $7.2M $7.2M 2018 2019: $14.1M $14.1M 2019 +95% 2020: $16.7M $16.7M 2020 +19% 2021: $18.9M $18.9M 2021 +13% 2022: $19.7M $19.7M 2022 +5% 2023: $8.6M $8.6M 2023 −56% 2024: $43.1M $43.1M 2024 +399% Shareholders’ equity5 6 7 8 2 $32.1M in 2024+47% since 2017 0 $20.0M $40.0M $60.0M 2017: $21.8M $21.8M 2017 2018: $28.3M $28.3M 2018 +30% 2019: $44.8M $44.8M 2019 +58% 2020: $58.8M $58.8M 2020 +31% 2021: $15.2M $15.2M 2021 −74% 2022: $12.1M $12.1M 2022 −20% 2023: $40.6M $40.6M 2023 +235% 2024: $32.1M $32.1M 2024 −21% Cash5 6 7 8 2 $409.2K in 2023−83% since 2017 0 $5.0M $10.0M $15.0M $20.0M 2017: $2.4M $2.4M 2017 2018: $11.8M $11.8M 2018 +399% 2019: $15.5M $15.5M 2019 +31% 2020: $15.8M $15.8M 2020 +2% 2021: $50.4K $50.4K 2021 −100% 2022: $70.4K $70.4K 2022 +40% 2023: $409.2K $409.2K 2023 +481% Long-term debt4 5 6 7 $517.6K in 2021+463% since 2018 0 $200.0K $400.0K $600.0K 2018: $92.0K $92.0K 2018 2019: $13.3K $13.3K 2019 −86% 2020: $505.8K $505.8K 2020 +3695% 2021: $517.6K $517.6K 2021 +2%
No quarterly figures reported.
Fiscal year 2017 2018 2019 2020 2021 2022 2023 2024 Cash $2.4M5 $11.8M6 $15.5M7 $15.8M8 $50.4K2 $70.4K2 $409.2K2 Current assets $25.7M4 $42.7M5 $50.7M6 $21.7M7 $21.5M8 $39.3M2 $70.1M2 Total assets $35.5M4 $58.8M5 $75.7M6 $36.5M7 $34.3M8 $49.3M2 $75.2M2 Current liabilities $7.1M4 $13.7M5 $16.2M6 $18.3M7 $17.4M8 $5.7M2 $40.6M2 Long-term debt $92.0K4 $13.3K5 $505.8K6 $517.6K7 Total liabilities $7.2M4 $14.1M5 $16.7M6 $18.9M7 $19.7M8 $8.6M2 $43.1M2 Shareholders’ equity $21.8M5 $28.3M5 $44.8M5 $58.8M6 $15.2M7 $12.1M8 $40.6M2 $32.1M2 Shares outstanding 33.0M shares4 35.1M shares4 38.6M shares5 53.8M shares6 9.9M shares7 58.4M shares8 493.8M shares2
Cash from operations4 5 6 7 2 $7.7M in 2023+10% since 2017 -$30.0M -$20.0M -$10.0M 0 $10.0M $20.0M 2017: $7.0M $7.0M 2017 2018: -$414.6K -$414.6K 2018 2019: $12.3M $12.3M 2019 2020: $5.1M $5.1M 2020 −59% 2021: -$22.3M -$22.3M 2021 2022: $281.8K $281.8K 2022 2023: $7.7M $7.7M 2023 +2619% Capital spending4 5 6 7 8 2 $3.4K in 2022−94% since 2017 0 $1.0M $2.0M $3.0M 2017: $53.7K $53.7K 2017 2018: $44.9K $44.9K 2018 −16% 2019: $2.2M $2.2M 2019 +4841% 2020: $2.2M $2.2M 2020 −0% 2021: $141.0K $141.0K 2021 −94% 2022: $3.4K $3.4K 2022 −98% Free cash flow4 5 6 7 2 $278.4K in 2022−96% since 2017 -$30.0M -$20.0M -$10.0M 0 $10.0M $20.0M 2017: $6.9M $6.9M 2017 2018: -$459.5K -$459.5K 2018 2019: $10.1M $10.1M 2019 2020: $2.8M $2.8M 2020 −72% 2021: -$22.4M -$22.4M 2021 2022: $278.4K $278.4K 2022
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Fiscal year 2017 2018 2019 2020 2021 2022 2023 2024 Cash from operations $7.0M4 -$414.6K5 $12.3M6 $5.1M7 -$22.3M7 $281.8K2 $7.7M2 Capital spending $53.7K4 $44.9K5 $2.2M6 $2.2M7 $141.0K8 $3.4K2 Free cash flow $6.9M -$459.5K $10.1M $2.8M -$22.4M $278.4K
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Recent filings
Jul 14, 2026 25-NSE Mar 24, 2026 SCHEDULE 13G Mar 13, 2026 6-K Mar 6, 2026 6-K Mar 5, 2026 6-K Mar 3, 2026 6-K Feb 23, 2026 424B4 Feb 17, 2026 EFFECT Feb 13, 2026 CORRESP Feb 13, 2026 CORRESP Feb 13, 2026 CORRESP Feb 13, 2026 CORRESP Feb 12, 2026 CORRESP Feb 12, 2026 CORRESP Feb 9, 2026 F-1
Every filing from the last three years, summarized . The full record is on SEC EDGAR.1