CHUC on OTC
Charlie's Holdings, Inc.
American medicinal chemicals and botanical products company. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
Compare with Bon Natural Life Ltd, CYANOTECH CORP or MediWound (Israel), or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue73¢$15.3M
- Other costs4¢$881.0K
- Income tax1¢$275.0K
- Profit22¢$4.5M
Out of $20.9M in revenue.3
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Product revenue, net | $20.9M | $7.8M |
| Cost of goods sold | $15.3M | $4.9M |
| Gross profit | $5.7M | $2.9M |
| General and administrative | $6.4M | $5.6M |
| Sales and marketing | $1.3M | $638.0K |
| Research and development | $119.0K | -$68.0K |
| Total operating costs and expenses | $7.8M | $6.2M |
| Loss from operations | -$2.2M | -$3.3M |
| Interest expense | -$692.0K | -$703.0K |
| Debt extinguishment gain (loss) | -$50.0K | -$75.0K |
| Change in fair value of derivative liabilities | $0 | $79.0K |
| Gain on sale of intellectual property | $7.5M | $0 |
| Total other income (loss) | $6.8M | -$699.0K |
| Income (loss) before provision for income taxes | $4.6M | -$4.0M |
| Income tax provision | $275.0K | $0 |
| Income (loss) from continuing operations after income taxes | $4.3M | -$4.0M |
| Income (loss) from discontinued operations, net of tax | $181.0K | -$156.0K |
| Net income (loss) | $4.5M | -$4.2M |
| Basic (in dollars per share) | $0 | -$0 |
| Income (loss) from discontinued operations, basic (in dollars per share) | $0 | $0 |
| Basic (in dollars per share) | $0.02 | -$0.02 |
| Income (loss) from continuing operations, diluted (in dollars per share) | $0 | -$0 |
| Income (loss) from discontinued operations, diluted (in dollars per share) | $0 | $0 |
| Diluted (in dollars per share) | $0.02 | -$0.02 |
| Basic (in shares) | 257.4M shares | 234.8M shares |
| Diluted (in shares) | 278.5M shares | 234.8M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $1.3M | $211.0K | |
| Accounts receivable, net | $440.0K | $331.0K | |
| Inventories, net | $6.7M | $2.1M | |
| Prepaid expenses and other current assets | $2.3M | $465.0K | |
| Current assets in discontinued operations | $0 | $582.0K | |
| Total current assets | $10.8M | $3.7M | |
| Property, plant and equipment, net | $37.0K | $53.0K | |
| Right-of-use asset, net | $632.0K | $71.0K | |
| Other assets | $128.0K | $101.0K | |
| Total non-current assets | $797.0K | $225.0K | |
| TOTAL ASSETS | $11.6M | $3.9M | |
| Accounts payable and accrued expenses | $5.0M | $3.2M | |
| Lease liabilities | $275.0K | $73.0K | |
| Deferred revenue | $38.0K | $25.0K | |
| Current liabilities in discontinued operations | $0 | $227.0K | |
| Total current liabilities | $7.6M | $5.6M | |
| Lease liabilities, net of current portion | $361.0K | $0 | |
| Non-current liabilities in discontinued operations | $0 | $150.0K | |
| Total non-current liabilities | $511.0K | $150.0K | |
| Total liabilities | $8.1M | $5.7M | |
| Common stock ($0.001 par value); 500,000,000 shares authorized; 270,653,242 and 257,286,631 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $271.0K | $257.0K | |
| Additional paid-in capital | $11.4M | $10.7M | |
| Accumulated deficit | -$8.2M | -$12.7M | |
| Total stockholders' equity (deficit) | $3.4M | -$1.8M | -$107.0K |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | $11.6M | $3.9M | |
| Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $0.00 | $0.00 | |
| Preferred Stock, Shares Authorized (in shares) | 1.8M shares | 1.8M shares | |
| Common Stock, Par or Stated Value Per Share (in dollars per share) | $0.00 | $0.00 | |
| Common Stock, Shares Authorized (in shares) | 500.0M shares | 500.0M shares | |
| Common Stock, Shares, Outstanding (in shares) | 270.7M shares | 257.3M shares | |
| Common Stock, Shares, Issued (in shares) | 270.7M shares | 257.3M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $1.3M | $211.0K | |
| Accounts receivable, net | $440.0K | $331.0K | |
| Inventories, net | $6.7M | $2.1M | |
| Prepaid expenses and other current assets | $2.3M | $465.0K | |
| Current assets in discontinued operations | $0 | $582.0K | |
| Total current assets | $10.8M | $3.7M | |
| Property, plant and equipment, net | $37.0K | $53.0K | |
| Right-of-use asset, net | $632.0K | $71.0K | |
| Other assets | $128.0K | $101.0K | |
| Total non-current assets | $797.0K | $225.0K | |
| TOTAL ASSETS | $11.6M | $3.9M | |
| Accounts payable and accrued expenses | $5.0M | $3.2M | |
| Lease liabilities | $275.0K | $73.0K | |
| Deferred revenue | $38.0K | $25.0K | |
| Current liabilities in discontinued operations | $0 | $227.0K | |
| Total current liabilities | $7.6M | $5.6M | |
| Lease liabilities, net of current portion | $361.0K | $0 | |
| Non-current liabilities in discontinued operations | $0 | $150.0K | |
| Total non-current liabilities | $511.0K | $150.0K | |
| Total liabilities | $8.1M | $5.7M | |
| Common stock ($0.001 par value); 500,000,000 shares authorized; 270,653,242 and 257,286,631 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $271.0K | $257.0K | |
| Additional paid-in capital | $11.4M | $10.7M | |
| Accumulated deficit | -$8.2M | -$12.7M | |
| Total stockholders' equity (deficit) | $3.4M | -$1.8M | -$107.0K |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | $11.6M | $3.9M | |
| Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $0.00 | $0.00 | |
| Preferred Stock, Shares Authorized (in shares) | 1.8M shares | 1.8M shares | |
| Common Stock, Par or Stated Value Per Share (in dollars per share) | $0.00 | $0.00 | |
| Common Stock, Shares Authorized (in shares) | 500.0M shares | 500.0M shares | |
| Common Stock, Shares, Outstanding (in shares) | 270.7M shares | 257.3M shares | |
| Common Stock, Shares, Issued (in shares) | 270.7M shares | 257.3M 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 income (loss) | $4.5M | -$4.2M |
| Income (loss) from discontinued operations, net of tax | $181.0K | -$156.0K |
| Net income (loss) from continuing operations | $4.3M | -$4.0M |
| Allowance for doubtful accounts | $17.0K | $75.0K |
| Depreciation and amortization | $39.0K | $102.0K |
| Accretion of debt discount | $465.0K | $352.0K |
| Change in fair value of derivative liabilities | $0 | -$79.0K |
| Debt extinguishment loss | $50.0K | $75.0K |
| Amortization of operating lease right-of-use asset | $145.0K | $353.0K |
| Stock based compensation | $186.0K | $230.0K |
| Gain on sale of intellectual property | $7.5M | $0 |
| Subtotal of non-cash charges | -$6.6M | $1.1M |
| Accounts receivable | -$126.0K | -$88.0K |
| Inventories | -$4.6M | $760.0K |
| Prepaid expenses and other current assets | -$1.5M | $192.0K |
| Other assets | -$27.0K | $0 |
| Accounts payable and accrued expenses | $2.3M | $436.0K |
| Deferred revenue | $13.0K | -$32.0K |
| Lease liabilities | -$143.0K | -$355.0K |
| Net cash used in operating activities - continuing operations | -$6.3M | -$2.0M |
| Net cash provided by operating activities - discontinued operations | $536.0K | $361.0K |
| Net cash used in operating activities | -$5.8M | -$1.6M |
| Proceeds from sale of intellectual property | $7.5M | $0 |
| Purchase of property, plant and equipment | -$23.0K | $0 |
| Net cash provided by investing activities | $7.5M | $0 |
| Proceeds from issuance of common shares | $0 | $1.6M |
| Net cash (used in) provided by financing activities | -$590.0K | $1.5M |
| Net increase in cash | $1.1M | -$156.0K |
| Cash paid for income taxes | $0 | $0 |
| Conversion of Series A convertible preferred stock | $7.0K | $1.0K |
| Issuance of common shares from debt redemption | $0 | $676.0K |
| Warrants exercised for vendor credit | $370.0K | $0 |
| Right-of-use asset recognized in exchange for lease liability | $706.0K | $0 |
No quarter-by-quarter statement was filed.
Leadership
Who has led Charlie's Holdings, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerBrandon Stump May 8, 2019 to Mar 23, 202111
- Chief executive officerBoerum Robert Van Jul 6, 2018 to Jul 6, 201812
- Chief executive officerLeonard Lance Oct 26, 2012 to Oct 13, 201513
- Chief executive officerDeborah Kern Wildrick Sep 1, 2011 to Aug 15, 201214
- Chief executive officerDaniel Rumsey Mar 30, 2010 to Mar 30, 201015
- Chief executive officerKevin Charles Sherman Aug 16, 2010 to Aug 16, 201016
- Chief executive officerJohn Desbarrieres Pougnet Mar 30, 2007 to Jan 14, 200817
- Chief executive officerEarnest Mathis Jr. Jul 14, 2006 to Jul 14, 200618
- PresidentHenry Sicignano Iii. Apr 6, 2021 to now19
- PresidentKevin Charles Sherman Aug 16, 2010 to Aug 15, 201216
- PresidentDoug Ridley Mar 30, 2007 to Jan 14, 200820
- Chief financial officerMatthew P. Montesano May 13, 2021 to now21
- Chief financial officerDavid R. Allen May 8, 2019 to Mar 23, 202122
- Chief financial officerBoerum Robert Van Jul 6, 2018 to Jul 6, 201812
- Chief financial officerDaniel R. Kerker Oct 26, 2012 to Oct 13, 201523
- Chief financial officerJohn Desbarrieres Pougnet Mar 13, 2006 to Sep 1, 201124
- Chief operating officerRyan Stump May 8, 2019 to now25
Board members and other officers (29)
- Chief Marketing OfficerMitchell Brantley Iii. May 17, 2019 to Nov 1, 201926
- Chief Information OfficerAdam Mirkovich May 23, 2019 to Mar 4, 202227
- CHIEF OPERATIONS OFFICERBoerum Robert Van Oct 19, 2015 to Oct 19, 201528
- Executive Vice PresidentKevin Charles Sherman Feb 4, 2010 to Jul 14, 201529
- Vice President ProductSanjeevkumar Ratanshi Javia Mar 30, 2007 to Jan 14, 200830
- Vice PresidentTim Transtrum Mar 30, 2007 to Jan 14, 200831
- VP ITJohn Gary Hutchinson May 17, 2007 to Jan 14, 200832
- Board memberMichael D. King Jun 26, 2023 to now33
- Board memberEdward Carmines Mar 9, 2022 to now34
- Board memberKeith Stump Mar 23, 2021 to May 28, 202135
- Board memberBrandon Stump May 8, 2019 to May 17, 201911
- Board memberRyan Stump May 8, 2019 to Mar 23, 202125
- Board memberJeffrey G. Fox Jul 24, 2019 to now36
- Board memberRamona L. Cappello Sep 23, 2015 to Sep 23, 201537
- Board memberDavid Peter Marcheschi Feb 14, 2012 to Apr 9, 201238
- Board memberLeonard Lance Oct 26, 2012 to Oct 13, 201513
- Board memberCarl G. Wistreich Nov 2, 2012 to Oct 16, 201439
- Board memberLouis Imbrogno Nov 20, 2012 to Oct 16, 201440
- Board memberDeborah Kern Wildrick Sep 1, 2011 to Aug 15, 201214
- Board memberMilton Makris Mar 17, 2010 to Apr 9, 201241
- Board memberSanford D. Greenberg Mar 22, 2010 to Mar 22, 201042
- Board memberKevin Charles Sherman Aug 16, 2010 to Jul 6, 201816
- Board memberDoug Ridley Mar 30, 2007 to Jan 14, 200820
- Board memberAnthony Benedict Petrelli Aug 30, 2007 to Aug 22, 200843
- Board memberDaniel Rumsey Aug 30, 2007 to Aug 28, 201244
- Board memberEarnest Mathis Jr. Jul 14, 2006 to Jul 14, 200618
- Board memberAllan Jeffrie Robbins Oct 3, 2006 to Apr 9, 201245
- Board memberAnthony Digiandomenico Oct 3, 2006 to Aug 28, 201246
- Board memberJohn B. McCandless Oct 3, 2006 to Aug 22, 200847
Former names
Timeline
- May 8, 2019New chief executive Brandon Stump becomes CEO11
- Jul 6, 2018New chief executive Boerum Robert Van becomes CEO12
- Oct 26, 2012New chief executive Leonard Lance becomes CEO13
- Sep 1, 2011New chief executive Deborah Kern Wildrick becomes CEO14
- Aug 16, 2010New chief executive Kevin Charles Sherman becomes CEO16
- Mar 30, 2010New chief executive Daniel Rumsey becomes CEO15
- Mar 30, 2007New chief executive John Desbarrieres Pougnet becomes CEO17
- Jul 14, 2006New chief executive Earnest Mathis Jr. becomes CEO18
Filings
118 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 17 major events, 51 insider forms, 5 large holders, 25 other. The latest 20:
- Sep 4, 20264 EDGAR
- Sep 4, 20264 EDGAR
- Sep 4, 20264 EDGAR
- Sep 4, 20264 EDGAR
- Sep 4, 20264 EDGAR
- Sep 4, 20264 EDGAR
- Sep 4, 20264 EDGAR
- Aug 17, 202610-Q EDGAR
- Aug 14, 2026NT 10-Q EDGAR
- Aug 4, 20268-K EDGAR
- Jun 5, 20268-K EDGAR
- May 21, 20268-K EDGAR
- May 20, 202610-Q EDGAR
- May 15, 2026NT 10-Q EDGAR
- Apr 20, 2026DEF 14A EDGAR
- Apr 9, 2026PRE 14A EDGAR
- Apr 1, 2026NT 10-K EDGAR
- Apr 1, 202610-K EDGAR
- Feb 13, 20268-K EDGAR
- Feb 13, 20264 EDGAR
The 118 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
17 open-market trades by officers, directors and large owners since October 2021: 17 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Feb 13, 2026 | Stump RyanChief Operating Officer | Buy | 250,000 | $0.20 | $50.0K | Form 4 |
| Feb 13, 2026 | SICIGNANO HENRY IIIPresident | Buy | 250,000 | $0.20 | $50.0K | Form 4 |
| Feb 13, 2026 | Montesano Matthew PChief Financial Officer | Buy | 100,000 | $0.20 | $20.0K | Form 4 |
| Feb 13, 2026 | King Michael DDirector | Buy | 500,000 | $0.20 | $100.0K | Form 4 |
| Feb 13, 2026 | Carmines EdwardDirector | Buy | 250,000 | $0.20 | $50.0K | Form 4 |
| Dec 26, 2025 | Carmines EdwardDirector | Buy | 100,000 | $0.28 | $28.0K | Form 4 |
| Dec 17, 2025 | SICIGNANO HENRY IIIPresident | Buy | 100,000 | $0.21 | $21.0K | Form 4 |
| Sep 9, 2025 | Carmines EdwardDirector | Buy | 10,000 | $0.32 | $3.2K | Form 4 |
| Sep 8, 2025 | Carmines EdwardDirector | Buy | 7,723 | $0.29 | $2.2K | Form 4 |
| Sep 4, 2025 | Carmines EdwardDirector | Buy | 7,000 | $0.30 | $2.1K | Form 4 |
| Sep 3, 2025 | Carmines EdwardDirector | Buy | 20,000 | $0.28 | $5.6K | Form 4 |
| May 31, 2024 | King Michael DDirector | Buy | 1,250,000 | $0.08 | $100.0K | Form 4 |
| Dec 1, 2023 | Carmines EdwardDirector | Buy | 17,498 | $0.09 | $1.6K | Form 4 |
| Dec 9, 2022 | Carmines EdwardDirector | Buy | 34,260 | $0.13 | $4.5K | Form 4 |
| Dec 8, 2022 | Carmines EdwardDirector | Buy | 10,000 | $0.15 | $1.5K | Form 4 |
| Nov 29, 2022 | Montesano Matthew PChief Financial Officer | Buy | 50,000 | $0.17 | $8.5K | Form 4 |
| Nov 29, 2022 | SICIGNANO HENRY IIIPresident | Buy | 100,000 | $0.16 | $16.0K | 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.
- Iroquois Capital Management, LLCSCHEDULE 13G/A, 4 filings Feb 13, 2023 to May 14, 202548
- Vincent C. SmithSC 13D/A, 1 filing Feb 18, 202249
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Ascentis Wealth Management, LLC | 923 | $194 | 0.0% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 19SEC EDGARHenry Sicignano Iii., President
- 20SEC EDGARDoug Ridley, President
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- 25SEC EDGARRyan Stump, Chief operating officer
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- 31SEC EDGARTim Transtrum, Vice President
- 32SEC EDGARJohn Gary Hutchinson, VP IT
- 33SEC EDGARMichael D. King, Board member
- 34SEC EDGAREdward Carmines, Board member
- 35SEC EDGARKeith Stump, Board member
- 36SEC EDGARJeffrey G. Fox, Board member
- 37SEC EDGARRamona L. Cappello, Board member
- 38SEC EDGARDavid Peter Marcheschi, Board member
- 39SEC EDGARCarl G. Wistreich, Board member
- 40SEC EDGARLouis Imbrogno, Board member
- 41SEC EDGARMilton Makris, Board member
- 42SEC EDGARSanford D. Greenberg, Board member
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- 44SEC EDGARDaniel Rumsey, Board member
- 45SEC EDGARAllan Jeffrie Robbins, Board member
- 46SEC EDGARAnthony Digiandomenico, Board member
- 47SEC EDGARJohn B. McCandless, Board member
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