Private company
FISION Corp
Computer processing and data preparation services company. Summary from the record
Last updated Oct 19, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue4¢$158.0K
- Research and development12¢$452.5K
- Interest7¢$263.1K
- Profit76¢$2.8M
Out of $620.5K in revenue.3
Financial statements
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue | $604.8K4 | $425.2K5 | $558.2K6 | $505.0K7 | $562.8K8 | $361.9K3 | $620.5K3 |
| Cost of revenue | $136.9K4 | $96.3K5 | $65.1K6 | $81.3K7 | $78.3K8 | $87.4K3 | $158.0K3 |
| Gross profit | $467.9K4 | $328.9K5 | $493.1K6 | $423.8K7 | $484.4K8 | $274.5K3 | $462.5K3 |
| Research and development | $211.5K4 | $595.1K4 | $340.2K3 | $452.5K3 | |||
| Operating expenses | $1.7M3 | ||||||
| Operating income | -$2.0M4 | -$2.6M5 | -$3.5M6 | -$2.7M7 | -$3.4M8 | -$1.2M3 | -$1.2M3 |
| Interest | $305.4K12 | -$1.7M7 | $1.6M8 | $738.4K3 | $263.1K3 | ||
| Net income | -$2.3M4 | -$2.8M5 | -$5.1M6 | -$4.0M7 | -$9.3M8 | -$2.5M3 | $2.8M3 |
| Earnings per share | -$0.013 | $0.013 | |||||
| Earnings per share (diluted) | -$0.013 | $0.003 | |||||
| Shares (weighted, basic) | 443.6M shares3 | ||||||
| Shares (weighted, diluted) | 509.9M shares3 |
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash | $8.5K4 | $8.2K5 | $10.8K7 | $121.9K8 | $14.5K8 | $7.5K3 | $370.0K3 |
| Receivables | $78.0K3 | ||||||
| Current assets | $55.9K4 | $751.9K5 | $272.0K6 | $984.6K7 | $557.5K8 | $8.3K3 | $478.6K3 |
| Property, plant and equipment | $126.8K3 | ||||||
| Goodwill | $182.4K3 | ||||||
| Intangible assets | $564.6K3 | ||||||
| Total assets | $70.2K4 | $766.6K5 | $479.1K6 | $1.1M7 | $642.6K8 | $52.9K3 | $1.4M3 |
| Short-term debt | $27.4K3 | ||||||
| Current liabilities | $1.6M4 | $1.5M5 | $2.9M6 | $3.4M7 | $7.6M8 | $7.1M3 | $2.4M3 |
| Long-term debt | $27.4K3 | ||||||
| Long-term liabilities | $1.4M3 | ||||||
| Total liabilities | $4.0K13 | $1.5M5 | $3.2M6 | $4.0M7 | $8.3M8 | $7.6M3 | $3.9M3 |
| Retained earnings | -$31.5M3 | ||||||
| Shareholders’ equity | -$1.5M5 | -$700.8K6 | -$2.7M7 | -$2.9M8 | -$7.7M3 | -$7.5M3 | -$2.5M3 |
| Shares outstanding | 27.8M shares4 | 38.3M shares5 | 45.9M shares6 | 67.5M shares7 | 135.7M shares8 | 381.9M shares3 | 458.1M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Leadership
Who has led FISION Corp, and when. Pick a name to see everywhere that person has worked.
- Chief executive officerWilliam Gerhauser Jan 5, 2022 to Jan 6, 202214
- Chief financial officerGarry N. Lowenthal Nov 2, 2016 to Nov 1, 201715
Board members and other officers (9)
- CTOJoshua Carmona Jan 25, 2022 to Jan 25, 202216
- SVP SalesJason William Mitzo Nov 2, 2016 to Nov 7, 201717
- CTOWade Lynn Anderson Nov 2, 2016 to Nov 1, 201718
- Board memberWilliam Gerhauser Jan 5, 2022 to Jan 6, 202214
- Board memberJoshua Carmona Jan 25, 2022 to Jan 25, 202216
- Board memberGreg Nagel Oct 14, 2020 to Jan 4, 202219
- Board memberJohn B. Bode Mar 20, 2018 to Dec 28, 202120
- Board memberGarry N. Lowenthal Nov 2, 2016 to Nov 1, 201715
- Board memberRuth Shepley Jun 18, 2012 to Jun 18, 201221
Former names
- DE Acquisition 6, Inc.Apr 6, 2010 to Dec 10, 20152
Timeline
- Jan 5, 2022New chief executive William Gerhauser becomes CEO14
Filings
20 filings to the SEC since October 2021: 1 annual reports, 4 quarterly reports, 3 major events, 6 insider forms, 6 other. The latest 20:
- Jan 13, 2025REVOKED EDGAR
- Aug 15, 2023NT 10-Q EDGAR
- Jun 29, 202310-Q EDGAR
- May 15, 2023NT 10-Q EDGAR
- Mar 31, 2023NT 10-K EDGAR
- Mar 7, 202310-Q EDGAR
- Mar 3, 20238-K EDGAR
- Jan 23, 202310-Q EDGAR
- Jan 3, 202310-K EDGAR
- Sep 22, 20228-K EDGAR
- Mar 31, 2022NT 10-K EDGAR
- Jan 25, 20223 PRIMARY DOCUMENT EDGAR
- Jan 6, 20223/A PRIMARY DOCUMENT EDGAR
- Jan 5, 20223 PRIMARY DOCUMENT EDGAR
- Jan 4, 20224 PRIMARY DOCUMENT EDGAR
- Jan 4, 20224 PRIMARY DOCUMENT EDGAR
- Dec 28, 20214 PRIMARY DOCUMENT EDGAR
- Dec 22, 20218-K EDGAR
- Nov 23, 202110-Q EDGAR
- Nov 15, 2021NT 10-Q EDGAR
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARFISION Corp filings on SEC EDGAR
- 2SEC EDGARFISION Corp filings on SEC EDGAR
- 3SEC EDGARFISION Corp 10-K for fiscal 2021
- 4SEC EDGARFISION Corp 10-K for fiscal 2015
- 5SEC EDGARFISION Corp 10-K for fiscal 2016
- 6SEC EDGARFISION Corp 10-K for fiscal 2017
- 7SEC EDGARFISION Corp 10-K for fiscal 2018
- 8SEC EDGARFISION Corp 10-K for fiscal 2019
- 9SEC EDGARFISION Corp 10-Q for fiscal 2022
- 10SEC EDGARFISION Corp 10-Q for fiscal 2022
- 11SEC EDGARFISION Corp 10-Q for fiscal 2022
- 12SEC EDGARFISION Corp 10-K for fiscal 2015
- 13SEC EDGARFISION Corp 10-K for fiscal 2015
- 14
- 15
- 16SEC EDGARJoshua Carmona, CTO
- 17SEC EDGARJason William Mitzo, SVP Sales
- 18SEC EDGARWade Lynn Anderson, CTO
- 19SEC EDGARGreg Nagel, Board member
- 20SEC EDGARJohn B. Bode, Board member
- 21SEC EDGARRuth Shepley, Board member