Private company

BRAIN SCIENTIFIC INC.

Last updated Oct 16, 2026.

Overview

  • IndustrySurgical & Medical Instruments & Apparatus
  • HeadquartersNV
  • Incorporated inNV2
  • Business address6700 Professional Parkway, Lakewood Ranch, Fl 342402
  • Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company2

Financials

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

Key numbers, fiscal 2022

25.3%Gross margin3
-4478.1%Operating margin3
-5753.0%Net margin3
-19.3%Revenue growth, 20223
-285.9%Return on equity3
-$6.0MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue12¢$160.2K
  • Research and development23¢$301.9K
  • Interest65¢$844.9K

Out of $214.6K in revenue.3 The company lost money this year.

Financial statements

Revenue456783$214.6K in 2022
0$200.0K$400.0K$600.0K2016: $0$020162017: $0$020172018: $58.1K$58.1K20182019: $489.2K$489.2K2019+742%2020: $93.7K$93.7K2020−81%2021: $265.7K$265.7K2021+184%2022: $214.6K$214.6K2022−19%
Gross profit456783$54.3K in 2022
0$50.0K$100.0K$150.0K2016: $0$020162017: $0$020172018: $24.2K$24.2K20182019: $102.0K$102.0K2019+322%2020: $49.9K$49.9K2020−51%2021: $83.2K$83.2K2021+67%2022: $54.3K$54.3K2022−35%
Operating income456783-$9.6M in 2022+10518% since 2016
-$10.0M-$7.5M-$5.0M-$2.5M02016: -$90.5K-$90.5K20162017: -$905.2K-$905.2K2017+900%2018: -$1.3M-$1.3M2018+42%2019: -$970.2K-$970.2K2019−25%2020: -$2.8M-$2.8M2020+185%2021: -$8.7M-$8.7M2021+213%2022: -$9.6M-$9.6M2022+11%
Net income456783-$12.3M in 2022+13505% since 2016
-$15.0M-$10.0M-$5.0M02016: -$90.7K-$90.7K20162017: -$958.3K-$958.3K2017+956%2018: -$1.4M-$1.4M2018+49%2019: -$1.0M-$1.0M2019−30%2020: -$2.8M-$2.8M2020+179%2021: -$9.1M-$9.1M2021+225%2022: -$12.3M-$12.3M2022+36%
Fiscal year2016201720182019202020212022
Revenue$04$05$58.1K6$489.2K7$93.7K8$265.7K3$214.6K3
Cost of revenue$04$05$33.9K6$387.2K7$43.8K8$182.5K3$160.2K3
Gross profit$04$05$24.2K6$102.0K7$49.9K8$83.2K3$54.3K3
Research and development$289.6K5$210.2K6$103.6K7$210.7K8$329.5K3$301.9K3
Operating income-$90.5K4-$905.2K5-$1.3M6-$970.2K7-$2.8M8-$8.7M3-$9.6M3
Interest$2384$97.7K5$159.2K6$32.9K6$29.5K8$467.8K3$844.9K3
Income tax$04$05$05$2.2K7
Net income-$90.7K4-$958.3K5-$1.4M6-$1.0M7-$2.8M8-$9.1M3-$12.3M3
Earnings per share-$0.108-$25.043-$12.953
Earnings per share (diluted)-$25.043-$12.953

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Former names

  • All Soft Gels IncDec 29, 2015 to Sep 24, 20182

Recent filings

  1. May 3, 20238-K CURRENT REPORT
  2. Apr 5, 20238-K CURRENT REPORT
  3. Mar 31, 202310-K ANNUAL REPORT
  4. Mar 20, 20238-K CURRENT REPORT
  5. Feb 14, 2023S-1/A AMENDMENT NO. 3 TO FORM S-1
  6. Feb 10, 2023S-1/A AMENDMENT NO. 2 TO FORM S-1
  7. Feb 6, 20238-K CURRENT REPORT
  8. Jan 18, 2023S-1/A AMENDMENT NO. 1 TO FORM S-1
  9. Jan 3, 20238-K CURRENT REPORT
  10. Nov 14, 202210-Q QUARTERLY REPORT
  11. Nov 3, 20228-K CURRENT REPORT
  12. Aug 25, 20223 OWNERSHIP DOCUMENT
  13. Aug 25, 20224 OWNERSHIP DOCUMENT
  14. Aug 24, 20224 OWNERSHIP DOCUMENT
  15. Aug 24, 20224 OWNERSHIP DOCUMENT

Every filing from the last three years, summarized. The full record is on SEC EDGAR.1