Private company
GB SCIENCES INC
GB SCIENCES INC is an American crude petroleum and natural gas company based in Las Vegas.1
Last updated Oct 20, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $04 | $2.5M5 | $3.5M6 | $3.1M6 | $07 | $08 | $02 | $02 |
| Cost of revenue | $09 | $782.7K5 | $3.2M6 | $4.0M6 | $07 | $08 | $02 | $02 |
| Gross profit | $09 | $1.7M5 | $208.5K6 | -$881.5K6 | $07 | $08 | $02 | $02 |
| Research and development | $458.8K6 | $1.5M10 | $352.3K7 | $821.3K8 | $490.3K2 | $261.6K2 | ||
| Operating expenses | $1.7M2 | $1.4M2 | ||||||
| Operating income | -$8.9M9 | -$17.8M5 | -$13.2M6 | -$5.7M10 | -$2.0M7 | -$1.9M8 | -$1.7M2 | -$1.4M2 |
| Interest | $901.1K9 | $5.2M5 | $4.9M6 | $1.1M10 | $1.3M7 | $474.8K8 | $178.7K8 | |
| Income before tax | -$146.5K8 | -$4.1M2 | -$1.4M2 | |||||
| Income tax | $09 | $05 | $526.1K6 | $86.8K6 | $07 | $08 | $02 | $02 |
| Net income | -$9.9M9 | -$23.0M5 | -$23.7M6 | -$12.4M10 | -$3.7M7 | -$530.9K8 | -$4.1M2 | -$1.4M2 |
| Earnings per share | -$0.017 | $0.008 | -$0.012 | $0.002 | ||||
| Earnings per share (diluted) | $0.0114 | $0.0114 | ||||||
| Shares (weighted, basic) | 317.4M shares14 | 316.9M shares14 | 357.7M shares2 | 396.7M shares2 | ||||
| Shares (weighted, diluted) | 342.3M shares14 | 343.5M shares14 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash | $2.7M5 | $3.6M5 | $182.1K6 | $2.4K10 | $793.0K7 | $233.9K8 | $109.9K2 | $12.0K2 |
| Current assets | $2.9M9 | $7.3M5 | $3.5M6 | $7.0M10 | $3.5M7 | $327.8K8 | $309.5K2 | $103.4K2 |
| Property, plant and equipment | $07 | |||||||
| Intangible assets | $2.2M8 | $42.8K2 | $02 | |||||
| Total assets | $13.0M9 | $24.0M5 | $30.0M6 | $14.4M10 | $10.8M7 | $2.5M8 | $352.3K2 | $103.4K2 |
| Accounts payable | $1.7M7 | |||||||
| Current liabilities | $675.6K9 | $1.9M5 | $6.7M6 | $10.9M10 | $8.6M7 | $3.9M8 | $4.8M2 | $5.1M2 |
| Long-term debt | $161.1K6 | |||||||
| Total liabilities | $4.6M9 | $8.4M5 | $12.9M6 | $14.4M10 | $12.3M7 | $4.3M8 | $4.8M2 | $5.4M2 |
| Retained earnings | -$104.6M8 | -$108.7M2 | -$110.1M2 | |||||
| Shareholders’ equity | $8.3M9 | $12.7M5 | $8.3M6 | -$88.5K10 | -$1.5M7 | -$1.8M8 | -$4.4M2 | -$5.3M2 |
| Shares outstanding | 127.7M shares4 | 181.3M shares9 | 246.3M shares5 | 280.5M shares6 | 317.0M shares10 | 329.2M shares7 | 381.9M shares8 | 407.1M shares2 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -$4.5M9 | -$12.2M5 | -$9.9M6 | -$4.5M10 | -$2.2M7 | -$1.9M8 | -$1.5M2 | -$975.7K2 |
| Depreciation and amortization | $70.5K8 | $61.7K2 | $6242 | |||||
| Stock-based compensation | $60.7K8 | $17.3K2 | $219.2K2 | |||||
| Capital spending | $3.1M9 | $3.4M5 | $1.5M6 | $202.3K6 | ||||
| Free cash flow | -$7.5M | -$15.7M | -$11.4M | -$4.7M | ||||
| Cash from investing | $1.5M8 | -$31.6K2 | $320.0K2 | |||||
| Cash from financing | -$495.9K8 | $1.4M2 | $557.8K2 |
What it owns
What GB SCIENCES INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $12.0K2 Mar 31, 2024 | $109.9K2 Mar 31, 2023 | −89.1% |
| Marketable securities, current | $02 Mar 31, 2024 | $08 Mar 31, 2023 |
Intangibles and goodwill
Leadership
Who has led GB SCIENCES INC, and when. Pick a name to see everywhere that person has worked.
Chief executive
- Chief executive officerJohn C. Poss Jul 27, 2018 to Jul 27, 201815
- Chief executive officerCraig Ellins Jun 16, 2017 to Jun 16, 201716
Board members and other officers (3)
- Chief Innovation OfficerCraig Ellins Jun 16, 2017 to Jun 16, 201717
- Board memberJohn C. Poss Jul 27, 2018 to Jul 27, 201815
- Board memberCraig Ellins Jun 16, 2017 to Jun 16, 201717
Named in SEC Form D filings
People the company listed in its private-offering notices.
Former names
Timeline
- Oct 15, 20248-K Entered a material agreement20
- Jul 16, 20248-K Executive or director change21
- Jun 21, 20248-K Other events22
- Sep 8, 20238-K Unregistered sale of shares; Executive or director change23
- Apr 14, 20238-K Executive or director change24
- Mar 10, 20238-K Shareholder vote25
- Aug 30, 20228-K Unregistered sale of shares26
- Mar 16, 20228-K Other events27
- Jan 6, 20228-K Completed an acquisition or sale28
- Jul 27, 2018New chief executive John C. Poss becomes CEO15
- Jun 16, 2017New chief executive Craig Ellins becomes CEO16
Filings
41 filings to the SEC since October 2021: 3 annual reports, 11 quarterly reports, 9 major events, 2 private raises, 16 other. The latest 20:
- Nov 19, 2025NT 10-Q EDGAR
- Oct 17, 2025NT 10-Q EDGAR
- Oct 17, 2025NT 10-K EDGAR
- Aug 12, 202510-Q EDGAR
- Feb 12, 2025NT 10-Q EDGAR
- Nov 27, 202410-Q EDGAR
- Nov 27, 202410-Q EDGAR
- Nov 14, 2024NT 10-Q EDGAR
- Oct 15, 20248-K EDGAR
- Aug 30, 202410-K EDGAR
- Aug 14, 2024NT 10-Q EDGAR
- Jul 16, 20248-K EDGAR
- Jul 1, 2024NT 10-K EDGAR
- Jun 21, 20248-K EDGAR
- Feb 12, 202410-Q EDGAR
- Nov 20, 202310-Q EDGAR
- Nov 14, 2023NT 10-Q EDGAR
- Oct 10, 2023424B3 EDGAR
- Sep 8, 20238-K GB SCIENCES, INC. - FORM 8-K SEC FILING EDGAR
- Aug 14, 202310-Q EDGAR
The 41 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.
Money raised
Private offerings the company reported to the SEC on Form D.
SEC filer profile
How GB SCIENCES INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARGB SCIENCES INC1
- CIK0001165320
- Employer ID (EIN)59-37331331
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inNevada1
- Fiscal year endsMarch 311
- Industry code (SIC)1311 Crude Petroleum & Natural Gas1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address6450 Cameron Street #110A, Las Vegas, NV 891181
- Phone(844) 843-25691
- Shares outstanding407,071,028 as of Aug 11, 202513
- Public float$4.0M as of Sep 30, 20232
- On EDGAR sinceFeb 12, 20021
- Filings394 in all: 8-K (109), 10-Q (51), NT 10-Q (26), 10QSB (18), NT 10-K (18), 10-K (17), 4 (15), SC 13D/A (14)1
All 36 form types
S-1/A (13), D (11), UPLOAD (10), 8-K/A (8), CORRESP (8), 10-K/A (7), DEF 14A (7), PRE 14A (7), 10-Q/A (6), 10KSB (5), 424B3 (5), S-1 (5), SC 13G (5), 3 (4), EFFECT (4), S-8 (4), DEFA14A (3), SB-2/A (3), SC 13G/A (2), 4/A (1), 424B2 (1), 5 (1), 8-A12G (1), RW (1), S-3 (1), S-8 POS (1), SB-2 (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Aug 30, 2024
Quarterly report (10-Q) Aug 12, 2025
Proxy statement (DEF 14A) Jan 19, 2023
Latest 8-K (8-K) Oct 15, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARGB SCIENCES INC filings on SEC EDGAR
- 2SEC EDGARGB SCIENCES INC 10-K for fiscal 2024
- 3SEC EDGARGB SCIENCES INC filings on SEC EDGAR
- 4SEC EDGARGB SCIENCES INC 10-K for fiscal 2017
- 5SEC EDGARGB SCIENCES INC 10-K for fiscal 2018
- 6SEC EDGARGB SCIENCES INC 10-K for fiscal 2019
- 7SEC EDGARGB SCIENCES INC 10-K for fiscal 2021
- 8SEC EDGARGB SCIENCES INC 10-K for fiscal 2022
- 9SEC EDGARGB SCIENCES INC 10-K for fiscal 2017
- 10SEC EDGARGB SCIENCES INC 10-K for fiscal 2020
- 11SEC EDGARGB SCIENCES INC 10-Q for fiscal 2024
- 12SEC EDGARGB SCIENCES INC 10-Q for fiscal 2024
- 13SEC EDGARGB SCIENCES INC 10-Q for fiscal 2024
- 14SEC EDGARGB SCIENCES INC 10-K for fiscal 2021
- 15
- 16
- 17
- 18
- 19
- 20SEC EDGAREntered a material agreement
- 21SEC EDGARExecutive or director change
- 22SEC EDGAROther events
- 23
- 24SEC EDGARExecutive or director change
- 25SEC EDGARShareholder vote
- 26SEC EDGARUnregistered sale of shares
- 27SEC EDGAROther events
- 28SEC EDGARCompleted an acquisition or sale