ECIA on OTC

ENCISION INC

This market for laparoscopic monopolar electrosurgical instruments is the market we are targeting with our innovative AEM Surgical Instruments.4 From its latest annual report

Price unavailable

Last updated Oct 19, 2026.

Overview

$6.6MRevenue, fiscal 20252
-$220.2KNet income, fiscal 20252

Compare with INVO Fertility, Inc., Beyond Air, Inc. or Plus Therapeutics, or pick any stock.

  • TickerECIA on OTC1
  • IndustrySurgical & Medical Instruments & Apparatus1
  • HeadquartersBoulder, Colorado1
  • Incorporated inCO3
  • Business address6797 Winchester Circle, Boulder, Co 803013
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formCorporation

See how the biggest companies compare on our leaderboards

This market for laparoscopic monopolar electrosurgical instruments is the market we are targeting with our innovative AEM Surgical Instruments.4 From its latest annual report

Financials

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

Key numbers, fiscal 2025

53.6%Gross margin2
-2.6%Operating margin2
-3.4%Net margin2
-0.5%Revenue growth, 20252
-13.3%Return on equity2
-$109.4KFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue46¢$3.0M
  • Research and development9¢$593.2K
  • Other costs45¢$2.9M

Out of $6.6M in revenue.2 The company lost money this year.

Financial statements

Revenue56789102$6.6M in 2025−25% since 2018
0$2.5M$5.0M$7.5M$10.0M2018: $8.8M$8.8M20182019: $8.8M$8.8M2019+1%2020: $7.7M$7.7M2020−13%2021: $7.5M$7.5M2021−2%2022: $7.7M$7.7M2022+2%2023: $7.3M$7.3M2023−4%2024: $6.6M$6.6M2024−10%2025: $6.6M$6.6M2025−0%
Gross profit56789102$3.5M in 2025−30% since 2018
0$2.0M$4.0M$6.0M2018: $5.0M$5.0M20182019: $4.7M$4.7M2019−7%2020: $4.0M$4.0M2020−14%2021: $3.9M$3.9M2021−2%2022: $3.8M$3.8M2022−3%2023: $4.0M$4.0M2023+6%2024: $3.1M$3.1M2024−22%2025: $3.5M$3.5M2025+12%
Operating income56789102-$172.0K in 2025
-$1.0M-$500.0K0$500.0K2018: $395.8K$395.8K20182019: -$186.4K-$186.4K20192020: -$156.4K-$156.4K2020−16%2021: -$61.6K-$61.6K2021−61%2022: -$594.9K-$594.9K2022+865%2023: -$302.8K-$302.8K2023−49%2024: -$640.8K-$640.8K2024+112%2025: -$172.0K-$172.0K2025−73%
Net income56789102-$220.2K in 2025
-$1.0M-$500.0K0$500.0K$1.0M2018: $335.6K$335.6K20182019: -$236.1K-$236.1K20192020: -$198.3K-$198.3K2020−16%2021: $584.7K$584.7K20212022: -$65.6K-$65.6K20222023: -$323.9K-$323.9K2023+394%2024: -$691.8K-$691.8K2024+114%2025: -$220.2K-$220.2K2025−68%
Fiscal year20182019202020212022202320242025
Revenue$8.8M5$8.8M6$7.7M7$7.5M8$7.7M9$7.3M10$6.6M2$6.6M2
Cost of revenue$3.7M5$4.1M6$3.7M7$3.6M8$3.9M9$3.3M10$3.4M2$3.0M2
Gross profit$5.0M5$4.7M6$4.0M7$3.9M8$3.8M9$4.0M10$3.1M2$3.5M2
Research and development$842.1K5$779.5K6$748.4K7$569.5K8$918.2K9$816.1K10$621.9K2$593.2K2
Operating expenses$4.4M9$4.3M10$3.8M2$3.7M2
Operating income$395.8K5-$186.4K6-$156.4K7-$61.6K8-$594.9K9-$302.8K10-$640.8K2-$172.0K2
Interest$87.1K8$7.2K9$19.5K10$62.4K10
Income before tax-$65.6K9-$323.9K10-$691.8K2-$220.2K2
Income tax$05$06$07$08$09$09$02$02
Net income$335.6K5-$236.1K6-$198.3K7$584.7K8-$65.6K9-$323.9K10-$691.8K2-$220.2K2
Earnings per share$0.0314-$0.019-$0.0310-$0.062-$0.022
Earnings per share (diluted)$0.0314-$0.019-$0.0310-$0.062-$0.022
Shares (weighted, basic)11.6M shares911.8M shares1011.8M shares211.9M shares2
Shares (weighted, diluted)11.6M shares911.8M shares1011.8M shares211.9M shares2

Compare ENCISION INC with another company

Leadership

Who has led ENCISION INC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. John R. Serino2008–2011
  2. Fred Perner2011–2013
  3. Gregory J. Trudel2013–2026
  4. Robert H. Fries2026–now

Chair

  1. Patrick W. Pace2013

President

  1. John R. Serino2008–2011
  2. Fred Perner2011–2013

Chief operating officer

  1. Peter D. Geary2019
2010201520202025
Board members and other officers (28)

Former names

  • ELECTROSCOPE INCOct 31, 1996 to Aug 1, 20003

Timeline

  1. May 18, 2026New chief executive Robert H. Fries becomes CEO16
  2. Dec 23, 2013New chief executive Gregory J. Trudel becomes CEO17
  3. Sep 28, 2011New chief executive Fred Perner becomes CEO18
  4. Mar 12, 2008New chief executive John R. Serino becomes CEO19

Filings

147 filings to the SEC since October 2021: 7 annual reports, 15 quarterly reports, 25 major events, 67 insider forms, 7 large holders, 2 private raises, 24 other. The latest 20:

  1. Sep 17, 2026D EDGAR
  2. Jun 10, 202615-12G/A EDGAR
  3. May 18, 20264 PRIMARY DOCUMENT EDGAR
  4. Feb 9, 2026EFFECT EDGAR
  5. Feb 4, 2026EFFECT EDGAR
  6. Feb 4, 2026S-8 POS EDGAR
  7. Feb 4, 2026S-8 POS EDGAR
  8. Feb 4, 2026S-8 POS EDGAR
  9. Feb 4, 2026S-8 POS EDGAR
  10. Feb 4, 2026POS AM EDGAR
  11. Feb 4, 2026POS AM EDGAR
  12. Jan 29, 202615-12G EDGAR
  13. Jan 29, 20268-K EDGAR
  14. Dec 12, 20258-K EDGAR
  15. Nov 20, 20254 PRIMARY DOCUMENT EDGAR
  16. Nov 20, 20254 PRIMARY DOCUMENT EDGAR
  17. Nov 20, 20254 PRIMARY DOCUMENT EDGAR
  18. Nov 13, 202510-Q EDGAR
  19. Nov 3, 20258-K EDGAR
  20. Sep 10, 2025D EDGAR

The 147 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

13 open-market trades by officers, directors and large owners since October 2021: 13 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Apr 16, 2026FRIES ROBERT HCEOBuy11,250$0.20$2.2KForm 4
Apr 15, 2026FRIES ROBERT HCEOBuy155,535$0.14$21.8KForm 4
Aug 19, 2025Shepard Brandon JasonVP of FinanceBuy1,000,000$0.10$100.0KForm 4
Aug 19, 2025Trudel Gregory J.CEOBuy1,000,000$0.10$100.0KForm 4
Aug 19, 2025FRIES ROBERT HCEOBuy750,000$0.10$75.0KForm 4
Aug 19, 2025CMED PARTNERS LLLP10% ownerBuy2,000,000$0.10$200.0KForm 4
Aug 29, 2024FRIES ROBERT HCEOBuy35,000$0.37$12.9KForm 4
Aug 20, 2024Trudel Gregory J.CEOBuy3,300$0.32$1.1KForm 4
Nov 18, 2022FRIES ROBERT HCEOBuy6,069$0.46$2.8KForm 4
Nov 16, 2022FRIES ROBERT HCEOBuy18,931$0.44$8.3KForm 4
Nov 9, 2022Geary Peter DDir of Strategic IntegationBuy10,000$0.46$4.6KForm 4
Jul 8, 2022Geary Peter DDir of Strategic IntegationBuy40,000$0.41$16.4KForm 4
Jan 10, 2022FRIES ROBERT HCEOBuy5,000$0.35$1.8KForm 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.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Sep 8, 2026Raised $80,000 in a private offering of equity Form D: 2 investors so far Form D
  2. Aug 19, 2025Raised $500,000 in a private offering of equity Form D: 6 investors so far Form D

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52