FLZH on OTC
Flash Sports & Media Holdings, Inc.
American amusement and recreation services company, incorporated in Delaware. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerFLZH on OTC1
- IndustryServices-Amusement & Recreation Services1
- HeadquartersNew York, New York1
- Incorporated inDE2
- Business address1140 Avenue Of The Americas, Suite 920, New York, Ny 100362
- Filer categoryNon-accelerated filer, Smaller reporting company2
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31, 2024, production fee income represented approximately 42% of IPG’s total revenue, or approximately $5.1 million.3 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
1.0%Gross margin4
-103.5%Operating margin4
-127.0%Net margin4
-56.5%Revenue growth, 20254
$542.6KFree cash flow4
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Equipment Systems brought in 25% of the revenue Flash Sports & Media Holdings, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Equipment Systems | $12.7M | $12.2M | $8.8M |
| Equipments | $12.2M | $8.8M | |
| Construction Design And Building | $44.6M | $18.6M | $8.5M |
| Construction | $18.6M | $8.5M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue99¢$17.2M
- Other costs1¢$159.9K
- Income tax0¢$14.6K
Out of $17.4M in revenue.4 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending35¢$298.2K
- Kept or used elsewhere65¢$542.6K
Out of $840.8K of cash from operations.4
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total revenues | $17.4M | $31.2M |
| Total cost of revenue | $17.2M | $31.6M |
| Gross profit (loss) | $174.6K | -$388.7K |
| General and administrative | $17.3M | $21.0M |
| Depreciation and amortization | $349.4K | $1.1M |
| Impairment of goodwill and intangibles | $6.0M | |
| Impairment of property and equipment | $566.6K | |
| Total operating expenses | $18.2M | $28.0M |
| Loss from operations | -$18.0M | -$28.4M |
| Interest expense | -$1.7M | -$1.0M |
| Interest income | $526 | $2.4K |
| Gain on extinguishment of debt | $7.5K | |
| Loss on settlement | -$62.9K | -$205.0K |
| Loss on assets foreclosure | -$2.5M | |
| Other income (expense) | $522.2K | $256.8K |
| Total non-operating income (expense) | -$3.7M | -$967.7K |
| Loss before income taxes | -$21.7M | -$29.4M |
| Income tax benefit | $14.6K | $29.7K |
| Net loss from continuing operations | -$21.7M | -$29.4M |
| Net income loss from discontinued operations, net of tax | -$419.7K | -$7.1M |
| Net loss | -$22.1M | -$36.5M |
| Net loss from continuing operations (in Dollars per share) | -$41 | -$59 |
| Net loss from discontinued operations, net of taxes (in Dollars per share) | -$1 | -$14 |
| Net loss per share (in Dollars per share) | -$41.83 | -$73.12 |
| Weighted average common shares outstanding - basic (in Shares) | 528.3K shares | 499.1K shares |
| Weighted average common shares outstanding - Diluted (in Shares) | 528.3K shares | 499.1K 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.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $10.6K | $819.0K | |
| Accounts receivable, net | $6.1M | ||
| Contract receivables | $4.1M | ||
| Prepaid expenses and other current assets | $2.5M | ||
| Current assets of discontinued operations | $2.3M | ||
| Total current assets | $10.6K | $15.8M | |
| Property and equipment, net | $813.5K | ||
| Operating lease right-of-use assets | $321.3K | $550.2K | |
| Non-current assets of discontinued operations | $2.3M | ||
| Total non-current assets | $321.3K | $3.7M | |
| Total assets | $331.9K | $19.5M | |
| Accounts payable | $18.2M | $13.5M | |
| Contract liabilities | $13.5M | $14.1M | |
| Accrued expenses | $5.7M | $4.0M | |
| Customer deposits | $2.7M | $2.6M | |
| Notes payable, current | $3.5M | $6.0M | |
| Operating lease liabilities, current | $222.9K | $235.2K | |
| Current liabilities of discontinued operations | $1.6M | $1.8M | |
| Total current liabilities | $45.4M | $42.3M | |
| Notes payable, long-term | $795.5K | ||
| Deferred tax liability | $14.6K | ||
| Operating lease liabilities, long-term | $115.1K | $336.3K | |
| Non-current liabilities of discontinued operations | $690.4K | ||
| Total non-current liabilities | $115.1K | $1.8M | |
| Total liabilities | $45.5M | $44.1M | |
| Common stock, $0.001 par value 200,000,000 shares authorized; 710,025 issued and 652,032 outstanding as of December 31, 2025, and 562,855 issued and 504,862 outstanding as of December 31, 2024 | $711 | $563 | |
| Additional paid-in capital | $91.7M | $90.2M | |
| Treasury shares, cost basis: 57,993 shares as of December 31, 2025 and 2024 | -$12.0M | -$12.0M | |
| Accumulated deficit | -$124.9M | -$102.8M | |
| Total stockholders deficit | -$45.2M | -$24.6M | $10.1M |
| Total liabilities and stockholders deficit | $331.9K | $19.5M | |
| Preferred stock, par value (in Dollars per share) | $0.10 | $0.10 | |
| Preferred stock, shares authorized (in Shares) | 3.0M shares | 3.0M shares | |
| Preferred stock, shares issued (in Shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in Shares) | 0 shares | 0 shares | |
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in Shares) | 200.0M shares | 200.0M shares | |
| Common stock, shares issued (in Shares) | 710.0K shares | 562.9K shares | |
| Common stock, shares outstanding (in Shares) | 652.0K shares | 504.9K shares | |
| Treasury shares (in Shares) | 58.0K shares | 58.0K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $10.6K | $819.0K | |
| Accounts receivable, net | $6.1M | ||
| Contract receivables | $4.1M | ||
| Prepaid expenses and other current assets | $2.5M | ||
| Current assets of discontinued operations | $2.3M | ||
| Total current assets | $10.6K | $15.8M | |
| Property and equipment, net | $813.5K | ||
| Operating lease right-of-use assets | $321.3K | $550.2K | |
| Non-current assets of discontinued operations | $2.3M | ||
| Total non-current assets | $321.3K | $3.7M | |
| Total assets | $331.9K | $19.5M | |
| Accounts payable | $18.2M | $13.5M | |
| Contract liabilities | $13.5M | $14.1M | |
| Accrued expenses | $5.7M | $4.0M | |
| Customer deposits | $2.7M | $2.6M | |
| Notes payable, current | $3.5M | $6.0M | |
| Operating lease liabilities, current | $222.9K | $235.2K | |
| Current liabilities of discontinued operations | $1.6M | $1.8M | |
| Total current liabilities | $45.4M | $42.3M | |
| Notes payable, long-term | $795.5K | ||
| Deferred tax liability | $14.6K | ||
| Operating lease liabilities, long-term | $115.1K | $336.3K | |
| Non-current liabilities of discontinued operations | $690.4K | ||
| Total non-current liabilities | $115.1K | $1.8M | |
| Total liabilities | $45.5M | $44.1M | |
| Common stock, $0.001 par value 200,000,000 shares authorized; 710,025 issued and 652,032 outstanding as of December 31, 2025, and 562,855 issued and 504,862 outstanding as of December 31, 2024 | $711 | $563 | |
| Additional paid-in capital | $91.7M | $90.2M | |
| Treasury shares, cost basis: 57,993 shares as of December 31, 2025 and 2024 | -$12.0M | -$12.0M | |
| Accumulated deficit | -$124.9M | -$102.8M | |
| Total stockholders deficit | -$45.2M | -$24.6M | $10.1M |
| Total liabilities and stockholders deficit | $331.9K | $19.5M | |
| Preferred stock, par value (in Dollars per share) | $0.10 | $0.10 | |
| Preferred stock, shares authorized (in Shares) | 3.0M shares | 3.0M shares | |
| Preferred stock, shares issued (in Shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in Shares) | 0 shares | 0 shares | |
| Common stock, par value (in Dollars per share) | $0.00 | $0.00 | |
| Common stock, shares authorized (in Shares) | 200.0M shares | 200.0M shares | |
| Common stock, shares issued (in Shares) | 710.0K shares | 562.9K shares | |
| Common stock, shares outstanding (in Shares) | 652.0K shares | 504.9K shares | |
| Treasury shares (in Shares) | 58.0K shares | 58.0K 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.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss from continuing operations | -$21.7M | -$29.4M |
| Depreciation and amortization | $349.4K | $1.0M |
| Stock-based compensation expense | $826.5K | $1.4M |
| Amortization of the right-of-use | $228.6K | $229.8K |
| Amortization of debt discount | $156.0K | $66.0K |
| Impairment of property and equipment | $566.6K | |
| Impairment of goodwill and intangibles | $6.0M | |
| Bad debt expense | $1.1M | |
| Prepaid expenses and other current assets write off | $1.4M | |
| Contract receivables write off | $4.0M | |
| Inventory write-off | $172.9K | |
| Non-cash interest expense | $529.2K | |
| Deferred income tax benefit | -$14.6K | -$29.7K |
| Loss on assets foreclosure | $2.5M | |
| Loss on disposal of assets | $3.3K | |
| Accounts receivable and contract receivables | $4.5M | $15.7M |
| Inventories | $49.7K | |
| Prepaid expenses and other assets | $1.1M | $49.5K |
| Accounts payable, contract liabilities, and accrued expenses | $5.7M | -$379.7K |
| Customer deposits | $67.0K | $2.0M |
| Operating lease liability, net | -$233.5K | -$237.6K |
| Net cash provided by (used in) operating activities of continuing operations | $1.4M | -$3.5M |
| Net cash (used in) provided by operating activities of discontinued operations | -$540.2K | $648.9K |
| Net cash provided by (used in) operating activities | $840.8K | -$2.8M |
| Proceeds from the sale of property and equipment | $25 | |
| Purchase of property and equipment | -$298.2K | -$131.4K |
| Net cash used in investing activities of continuing operations | -$298.2K | -$131.4K |
| Net cash provided by investing activities of discontinued operations | $2.1M | |
| Net cash provided by (used in) in investing activities | $1.8M | -$131.4K |
| Proceeds from promissory notes | $1.7M | $8.1M |
| Repayments of notes payable | -$5.1M | -$5.3M |
| Repayment of finance lease liability | -$27.4K | -$108.8K |
| Net cash (used in) provided by financing activities of continuing operations | -$3.5M | $2.7M |
| Net cash used in financing activities of discontinued operations | -$11.8K | -$31.8K |
| Net cash (used in) provided by financing activities | -$3.5M | $2.7M |
| Net change in cash | -$808.4K | -$255.8K |
| Cash paid for interest | $454.6K | $735.4K |
| Cash paid for income taxes | $4.6K | $20.8K |
| Common stock issued for services and debt modification | $749.9K | |
| Stock issued for contingent consideration | $129.1K | |
| Stock grant program vesting | $477 | |
| Warrants issued in connection with notes payable | $211.9K | |
| Prepaid expenses financed by notes payable | $807.2K | |
| Recording of Operating lease assets and liabilities | $221.9K | |
| Recording of Financing lease assets and liabilities | $89.1K | |
| Debt discount on notes payable | $100.0K |
No quarter-by-quarter statement was filed.
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Leadership
Who has led Flash Sports & Media Holdings, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
20202025
- Chief executive officerBradley John Nattrass Sep 14, 2018 to Jun 21, 202413
- PresidentJim Dennedy May 21, 2021 to May 17, 202214
- Chief financial officerGeorge R. Pullar Sep 10, 2019 to Sep 10, 201915
- Chief financial officerRichard Alan Akright Sep 16, 2019 to Jun 12, 202316
- Chief operating officerJason T. Archer Jan 23, 2023 to Jun 21, 202417
- Chief operating officerJim Dennedy May 21, 2021 to May 17, 202214
Board members and other officers (16)
- SecretaryArias De La Parra Octavio Gutierrez Sep 24, 2018 to Sep 24, 201818
- Cheif Financial OfficerGeorge R. Pullar Oct 30, 2018 to Oct 30, 201819
- Board memberEric Michael Sherb Apr 9, 2026 to now20
- Board memberDonald G. Fell Apr 10, 2026 to now21
- Board memberGary L. Herman Jul 20, 2026 to now22
- Board memberRahul Johri Jul 20, 2026 to now23
- Board memberSurendra K. Ajjarapu Jul 24, 2026 to now24
- Board memberSonia Lo May 20, 2022 to Jun 21, 202425
- Board memberLewis Wilks May 31, 2022 to Jun 21, 202426
- Board memberJim Dennedy May 21, 2021 to May 17, 202214
- Board memberAnita D. Britt Jun 24, 2021 to Jun 21, 202427
- Board memberBradley John Nattrass Sep 14, 2018 to Jun 21, 202413
- Board memberArias De La Parra Octavio Gutierrez Sep 24, 2018 to Sep 24, 201818
- Board memberGeorge R. Pullar Sep 26, 2018 to Sep 10, 201928
- Board memberLance Galey Sep 26, 2018 to Sep 26, 201829
- Board memberJames Robert Lowe Oct 26, 2018 to Jun 21, 202430
Former names
- urban-gro, Inc.May 23, 2017 to Jun 11, 20262
Timeline
- Sep 14, 2018New chief executive Bradley John Nattrass becomes CEO13
Filings
229 filings to the SEC since October 2021: 8 annual reports, 16 quarterly reports, 103 major events, 58 insider forms, 9 large holders, 35 other. The latest 20:
- Sep 29, 20268-K CURRENT REPORT EDGAR
- Sep 28, 20268-K CURRENT REPORT EDGAR
- Aug 26, 20268-K CURRENT REPORT EDGAR
- Aug 21, 20268-K CURRENT REPORT EDGAR
- Aug 18, 20268-K CURRENT REPORT EDGAR
- Aug 14, 2026DEFA14A DEFINITIVE ADDITIONAL MATERIALS EDGAR
- Aug 13, 2026DEFA14A DEFINITIVE ADDITIONAL MATERIALS EDGAR
- Aug 13, 2026DEF 14A PROXY STATEMENT EDGAR
- Aug 13, 202610-Q QUARTERLY REPORT EDGAR
- Aug 11, 2026EFFECT EDGAR
- Aug 6, 20268-K CURRENT REPORT EDGAR
- Aug 5, 20268-K CURRENT REPORT EDGAR
- Jul 31, 2026S-1/A REGISTRATION STATEMENT EDGAR
- Jul 24, 20263 EDGAR
- Jul 20, 20263 EDGAR
- Jul 20, 20263 EDGAR
- Jul 16, 20268-K CURRENT REPORT EDGAR
- Jun 30, 2026S-1 REGISTRATION STATEMENT EDGAR
- Jun 30, 20268-K CURRENT REPORT EDGAR
- Jun 25, 20268-K CURRENT REPORT EDGAR
The 229 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
39 open-market trades by officers, directors and large owners since October 2021: 19 buys and 20 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 13, 2024 | AWM Investment Company, Inc.10% owner | Sale | 18,802 | $1.19 | $22.4K | Form 4 |
| Dec 12, 2024 | AWM Investment Company, Inc.10% owner | Sale | 7,400 | $1.21 | $9.0K | Form 4 |
| Dec 11, 2024 | AWM Investment Company, Inc.10% owner | Sale | 17,092 | $1.22 | $20.9K | Form 4 |
| Dec 10, 2024 | AWM Investment Company, Inc.10% owner | Sale | 33,839 | $1.22 | $41.3K | Form 4 |
| Dec 9, 2024 | AWM Investment Company, Inc.10% owner | Sale | 20,916 | $1.23 | $25.7K | Form 4 |
| Dec 6, 2024 | AWM Investment Company, Inc.10% owner | Sale | 24,760 | $1.26 | $31.2K | Form 4 |
| Dec 5, 2024 | AWM Investment Company, Inc.10% owner | Sale | 10,000 | $1.27 | $12.7K | Form 4 |
| Nov 27, 2024 | AWM Investment Company, Inc.10% owner | Sale | 3 | $1.48 | $4 | Form 4 |
| Nov 26, 2024 | AWM Investment Company, Inc.10% owner | Sale | 52,188 | $1.39 | $72.5K | Form 4 |
| Nov 19, 2024 | AWM Investment Company, Inc.10% owner | Sale | 75 | $1.53 | $115 | Form 4 |
| Nov 14, 2024 | AWM Investment Company, Inc.10% owner | Sale | 22,920 | $1.56 | $35.8K | Form 4 |
| Nov 13, 2024 | AWM Investment Company, Inc.10% owner | Sale | 8,194 | $1.44 | $11.8K | Form 4 |
| Nov 12, 2024 | AWM Investment Company, Inc.10% owner | Sale | 4,159 | $1.46 | $6.1K | Form 4 |
| Nov 11, 2024 | AWM Investment Company, Inc.10% owner | Sale | 7,653 | $1.50 | $11.5K | Form 4 |
| Nov 6, 2024 | AWM Investment Company, Inc.10% owner | Sale | 3,200 | $1.70 | $5.4K | Form 4 |
| Jun 6, 2024 | WILKS LEWISDirector | Buy | 10,000 | $1.47 | $14.7K | Form 4 |
| Jun 5, 2024 | WILKS LEWISDirector | Buy | 10,000 | $1.43 | $14.3K | Form 4 |
| Apr 15, 2024 | AWM Investment Company, Inc.10% owner | Sale | 1,000 | $1.70 | $1.7K | Form 4 |
| Aug 30, 2023 | WILKS LEWISDirector | Buy | 10,000 | $1.03 | $10.3K | Form 4 |
| Jun 12, 2023 | WILKS LEWISDirector | Buy | 10,000 | $1.40 | $14.0K | Form 4 |
All 39 trades can be filtered by person here when JavaScript is on.
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.
- AWM Investment Company, Inc.SCHEDULE 13G/A, 6 filings Feb 14, 2023 to May 7, 202531
- Altium Capital Management LLCSC 13G/A, 1 filing Feb 14, 202232
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 |
|---|---|---|---|---|
| Morgan Stanley | 11,165 | $21.2K | 0.0% | +11,137 |
| Citadel Advisors LLC | 11,110 | $21.1K | 0.0% | New |
| Vanguard Capital Management LLC | 7,614 | $14.5K | 0.0% | No change |
| BlackRock, Inc. | 3,019 | $5.7K | 0.0% | No change |
| Vanguard Fiduciary Trust Co | 1,018 | $1.9K | 0.0% | −240 |
| Wells Fargo & Company/mn | 968 | $1.8K | 0.0% | +960 |
| Jones Financial Companies Lllp | 715 | $1.4K | 0.0% | +450 |
| Tower Research Capital LLC (TRC) | 285 | $542 | 0.0% | −1,903 |
| Allworth Financial LP | 153 | $291 | 0.0% | New |
| Triumph Capital Management | 40 | $76 | 0.0% | No change |
| Hrt Financial LP | 22,683 | $43 | 0.0% | New |
| Virtu Financial LLC | 22,005 | $42 | 0.0% | New |
| Caitong International Asset Management Co., Ltd | 3 | $6 | 0.0% | New |
| Danske Bank A/s | 1 | $2 | 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.
- 1
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- 14SEC EDGARJim Dennedy, President
- 15
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- 19
- 20SEC EDGAREric Michael Sherb, Board member
- 21SEC EDGARDonald G. Fell, Board member
- 22SEC EDGARGary L. Herman, Board member
- 23SEC EDGARRahul Johri, Board member
- 24SEC EDGARSurendra K. Ajjarapu, Board member
- 25SEC EDGARSonia Lo, Board member
- 26SEC EDGARLewis Wilks, Board member
- 27SEC EDGARAnita D. Britt, Board member
- 28SEC EDGARGeorge R. Pullar, Board member
- 29SEC EDGARLance Galey, Board member
- 30SEC EDGARJames Robert Lowe, Board member
- 31
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