Private company
Guardion Health Sciences, Inc.
Guardion Health Sciences, Inc. is an American pharmaceutical preparations company based in Wilmington.2
Last updated Oct 20, 2026.
Overview
- IndustryPharmaceutical Preparations2
- HeadquartersWilmington, United States2
- Incorporated inDE3
- Business address2925 Richmond Avenue, Suite 1200, Houston, Tx 770983
- Filer category, Emerging growth company3
- Legal formCorporation2
- LEI5493001V8N461H1N63812
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 57768112
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Health Sciences, Inc. was formed under the name P4L Health Sciences, LLC in December 2009 in California as a limited liability company.5 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 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue56¢$6.9M
- Research and development1¢$150.7K
- Other costs42¢$5.1M
- Profit1¢$158.0K
Out of $12.2M in revenue.6
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $437.3K7 | $942.2K8 | $902.9K9 | $1.9M10 | $7.2M11 | $11.0M6 | $12.2M6 |
| Cost of revenue | $175.5K7 | $398.2K8 | $341.3K9 | $1.9M10 | $4.1M11 | $6.5M6 | $6.9M6 |
| Gross profit | $261.9K7 | $544.0K8 | $561.6K9 | -$56.8K10 | $3.1M11 | $4.5M6 | $5.4M6 |
| Research and development | $259.5K7 | $231.8K8 | $194.3K9 | $161.0K10 | $64.4K11 | $193.8K6 | $150.7K6 |
| Operating expenses | $27.9M11 | $21.9M6 | $9.7M6 | ||||
| Operating income | -$5.3M7 | -$6.1M8 | -$10.5M9 | -$8.6M10 | -$24.7M11 | -$17.4M6 | -$4.3M6 |
| Interest | $23.7K7 | $2.3K8 | $258.4K9 | $7.3K10 | |||
| Net income | -$5.3M7 | -$7.8M8 | -$10.9M9 | -$8.6M10 | -$24.7M11 | -$14.9M6 | $158.0K6 |
| Earnings per share | -$52.2311 | -$14.156 | $0.126 | ||||
| Earnings per share (diluted) | -$14.156 | $0.126 | |||||
| Shares (weighted, basic) | 473.8K shares11 | 1.1M shares6 | 1.3M shares6 | ||||
| Shares (weighted, diluted) | 1.1M shares6 | 1.3M shares6 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $4.7M7 | $670.9K8 | $11.1M9 | $8.5M10 | $4.1M11 | $10.7M6 | $6.4M6 |
| Receivables | $1.4M11 | $1.9M6 | $2.3M6 | ||||
| Inventory | $367.7K11 | $3.1M6 | $2.7M6 | ||||
| Current assets | $5.1M7 | $1.1M8 | $11.9M9 | $9.1M10 | $12.1M11 | $21.6M6 | $11.9M6 |
| Property, plant and equipment | $111.4K11 | $48.9K6 | $33.2K6 | ||||
| Intangible assets | $11.3M11 | $06 | |||||
| Total assets | $7.4M7 | $3.7M8 | $12.9M9 | $9.9M10 | $23.5M11 | $21.7M6 | $11.9M6 |
| Accounts payable | $241.3K11 | $1.5M6 | $614.1K6 | ||||
| Current liabilities | $499.9K7 | $495.3K8 | $410.2K9 | $1.1M10 | $1.2M11 | $4.0M6 | $1.3M6 |
| Total liabilities | $495.3K8 | $845.0K9 | $1.3M10 | $1.2M11 | $8.5M6 | $3.8M6 | |
| Retained earnings | -$78.8M11 | -$93.7M6 | -$93.6M6 | ||||
| Shareholders’ equity | $6.9M8 | $3.2M9 | $12.0M10 | $8.5M11 | $22.3M6 | $7.9M6 | $8.1M6 |
| Shares outstanding | 20.1M shares7 | 20.6M shares8 | 12.5M shares9 | 15.2M shares10 | 488.5K shares11 | 1.3M shares6 | 1.3M shares6 |
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 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$3.4M7 | -$4.2M8 | -$6.0M9 | -$8.0M10 | -$10.6M11 | -$7.4M6 | -$4.4M6 |
| Depreciation and amortization | $782.9K11 | $1.2M6 | $19.4K6 | ||||
| Stock-based compensation | $226.0K6 | -$2.9K6 | |||||
| Capital spending | $37.3K7 | $260.2K8 | $171.1K9 | $40.7K10 | $74.6K11 | $5.6K6 | $3.8K6 |
| Free cash flow | -$3.4M | -$4.4M | -$6.2M | -$8.1M | -$10.7M | -$7.5M | -$4.4M |
| Cash from investing | -$31.0M11 | $5.0M6 | $16.1K6 | ||||
| Share buybacks | $9.0K6 | ||||||
| Cash from financing | $37.2M11 | $14.3M6 | -$5.2M6 |
Corporate structure
Guardion Health Sciences, Inc. sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Guardion Health Sciences, Inc.
- Hudson Bay Capital Management LP Filed SC 13G/A on Guardion Health Sciences, Inc., latest Nov 8, 2024 (3 filings since Feb 8, 2023)
- Radoff Bradley Louis Filed SC 13G/A on Guardion Health Sciences, Inc., latest Aug 28, 2024 (3 filings since Nov 30, 2022)
- GREAT POINT CAPITAL LLC Filed SCHEDULE 13G/A on Guardion Health Sciences, Inc., latest May 23, 2024
- INTRACOASTAL CAPITAL, LLC Filed SC 13G/A on Guardion Health Sciences, Inc., latest Feb 6, 2024 (3 filings since Feb 28, 2022)
- Guardion Health Sciences, Inc. Wilmington, Delaware, United States
- NutriGuard Formulations, Inc. Subsidiary · Delaware, United States
- Viactiv Nutrititionals, Inc. Subsidiary · Delaware, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Guardion Health 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.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $179.9K6 Dec 31, 2023 | $176.1K6 Dec 31, 2022 | +2.2% |
| Accumulated depreciation | $146.7K6 Dec 31, 2023 | $127.3K6 Dec 31, 2022 | +15.3% |
| Property and equipment, net | $33.2K6 Dec 31, 2023 | $48.9K6 Dec 31, 2022 | −32.0% |
| Operating-lease assets (leased space) | $24.3K6 Dec 31, 2022 | $24.3K11 Dec 31, 2021 | 0% |
Investments
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $06 Dec 31, 2023 | $11.3M11 Dec 31, 2021 | −100.0% |
| Patents, net | $50.7K6 Dec 31, 2023 | $61.2K6 Dec 31, 2022 | −17.2% |
Inventory
Leadership
Who has led Guardion Health Sciences, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerBret Scholtes Jan 6, 2021 to Jun 16, 202214
- Chief executive officerMichael Favish Dec 27, 2016 to Apr 10, 201915
- ChairMichael Favish Dec 27, 2016 to Feb 14, 201715
- PresidentBret Scholtes Sep 1, 2021 to Jun 16, 202216
- Chief financial officerAndrew C. Schmidt Jul 22, 2020 to Jul 22, 202017
Board members and other officers (11)
- Chief Accounting OfficerKatharine Joan Cox Aug 7, 2023 to Aug 7, 202318
- Chief Commercial OfficerCraig Sheehan Jun 4, 2021 to Jun 4, 202119
- Chief Accounting OfficerJeffrey S. Benjamin Aug 2, 2021 to Aug 2, 202120
- Vice President Sales/MarketingGordon Bethwaite Dec 27, 2016 to Feb 14, 201721
- Board memberBret Scholtes Jan 6, 2021 to Jun 16, 202214
- Board memberMichaela Griggs Dec 15, 2021 to Jul 5, 202322
- Board memberMichael Favish Apr 10, 2019 to Apr 10, 201923
- Board memberDonald A. Gagliano Apr 17, 2019 to Jul 5, 202324
- Board memberMark Goldstone Dec 27, 2016 to Jul 5, 202325
- Board memberRobert N. Weingarten Dec 27, 2016 to Jul 5, 202326
- General counselVincent J. Roth Dec 27, 2016 to Feb 14, 201727
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- Guardion Health Sciences, LLCMay 18, 2015 to May 18, 20153
Timeline
- Dec 26, 20248-K Executive or director change; Other events28
- Nov 18, 20248-K Executive or director change; Bylaws or fiscal year changed29
- Oct 31, 20248-K Other events30
- Oct 3, 20248-K Listing notice or transfer; Executive or director change31
- Sep 23, 20248-K Executive or director change32
- Aug 21, 20248-K Other events33
- Aug 14, 20248-K Results of operations34
- Jul 15, 20248-K Executive or director change35
- Jun 6, 20248-K Entered a material agreement; Completed an acquisition or sale; Shareholder vote36
- May 23, 20248-K Shareholder vote; Other events37
- May 21, 20248-K Other events38
- May 15, 20248-K Results of operations; Other events39
- Jan 6, 2021New chief executive Bret Scholtes becomes CEO14
- Dec 27, 2016New chief executive Michael Favish becomes CEO15
- Jun 30, 2015Founded Guardion Health Sciences, Inc. is founded2
Calendar
When it reported results
- Aug 14, 2024Reported quarterly or annual results34
- May 15, 2024Reported quarterly or annual results39
- Apr 1, 2024Reported quarterly or annual results40
- Nov 13, 2023Reported quarterly or annual results41
- Aug 14, 2023Reported quarterly or annual results42
- May 16, 2023Reported quarterly or annual results43
- Apr 20, 2023Reported quarterly or annual results44
- Nov 14, 2022Reported quarterly or annual results45
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
120 filings to the SEC since October 2021: 5 annual reports, 9 quarterly reports, 47 major events, 19 insider forms, 10 large holders, 30 other. The latest 20:
- Jan 24, 2025EFFECT EDGAR
- Jan 23, 202515-12G EDGAR
- Jan 23, 2025S-8 POS EDGAR
- Jan 23, 2025POS AM EDGAR
- Dec 26, 20248-K EDGAR
- Nov 18, 20248-K EDGAR
- Nov 8, 2024SC 13G/A GHSI 13G/A EDGAR
- Oct 31, 20248-K EDGAR
- Oct 11, 202425 EDGAR
- Oct 3, 20248-K EDGAR
- Sep 23, 20248-K EDGAR
- Aug 28, 20244 OWNERSHIP DOCUMENT EDGAR
- Aug 28, 2024SC 13G/A AMENDMENT NO. 2 TO SCHEDULE 13G EDGAR
- Aug 21, 20248-K EDGAR
- Aug 14, 20248-K EDGAR
- Aug 13, 202410-Q EDGAR
- Jul 15, 20248-K EDGAR
- Jun 6, 20248-K EDGAR
- May 23, 2024DEFA14A EDGAR
- May 23, 20248-K EDGAR
The 120 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
3 open-market trades by officers, directors and large owners since October 2021: 2 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 26, 2024 | Radoff Family Foundation | Sale | 115,540 | $14.08 | $1.6M | Form 4 |
| Jan 10, 2023 | Radoff Family Foundation | Buy | 31,900 | $7.60 | $242.3K | Form 4 |
| Jan 9, 2023 | Radoff Family Foundation | Buy | 84,821 | $6.88 | $583.6K | 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.
- Hudson Bay Capital Management LPSC 13G/A, 3 filings Feb 8, 2023 to Nov 8, 202446
- Radoff Bradley LouisSC 13G/A, 3 filings Nov 30, 2022 to Aug 28, 202447
- GREAT POINT CAPITAL LLCSCHEDULE 13G/A, 1 filing May 23, 202448
- INTRACOASTAL CAPITAL, LLCSC 13G/A, 3 filings Feb 28, 2022 to Feb 6, 202449
SEC filer profile
How Guardion Health 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 EDGARGuardion Health Sciences, Inc.1
- CIK0001642375
- Employer ID (EIN)47-44284211
- Filer status<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)2834 Pharmaceutical Preparations1
- SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
- Business address2925 Richmond Avenue, Suite 1200, Houston, TX 770981
- Phone(800) 873-51411
- Shares outstanding1,284,156 as of Jul 31, 202413
- Public float$9.9M as of Jun 30, 202350
- On EDGAR sinceMay 18, 20151
- Filings373 in all: 8-K (107), 4 (48), 10-Q (23), CORRESP (19), 3 (18), S-1/A (13), UPLOAD (13), EFFECT (10)1
All 45 form types
SC 13G/A (9), 10-K (8), 4/A (8), DEFA14A (8), 424B5 (7), D (7), DEF 14A (7), 8-K/A (6), PRE 14A (6), S-1 (6), SC 13D (6), SC 13G (6), 424B4 (3), DRS (3), DRSLTR (3), S-8 (3), 10-K/A (2), 424B3 (2), POS AM (2), RW (2), S-3 (2), 144 (1), 15-12G (1), 25 (1), 425 (1), 8-A12B (1), 8-A12G (1), CERT (1), D/A (1), DEFM14A (1), DEFR14A (1), NT 10-K (1), PREM14A (1), PRER14A (1), S-3/A (1), S-8 POS (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (10-K) Mar 29, 2024
Quarterly report (10-Q) Aug 13, 2024
Proxy statement (DEF 14A) Oct 3, 2023
Latest 8-K (8-K) Dec 26, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 14
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- 16SEC EDGARBret Scholtes, President
- 17
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- 20
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- 22SEC EDGARMichaela Griggs, Board member
- 23SEC EDGARMichael Favish, Board member
- 24SEC EDGARDonald A. Gagliano, Board member
- 25SEC EDGARMark Goldstone, Board member
- 26SEC EDGARRobert N. Weingarten, Board member
- 27SEC EDGARVincent J. Roth, General counsel
- 28
- 29
- 30SEC EDGAROther events
- 31
- 32SEC EDGARExecutive or director change
- 33SEC EDGAROther events
- 34SEC EDGARResults of operations
- 35SEC EDGARExecutive or director change
- 36
- 37SEC EDGARShareholder vote; Other events
- 38SEC EDGAROther events
- 39SEC EDGARResults of operations; Other events
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