Private company

HFactor, Inc.

American telephone communications company, incorporated in Georgia. Summary from the record

Last updated Oct 19, 2026.

Overview

IndustryTelephone Communications (No Radiotelephone)¹
HeadquartersNew York, New York¹
Incorporated inGA²
Business address244 Madison Ave, #1249, New York, Ny 10016²
Filer category, Emerging growth company²

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Financials

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

Key numbers, fiscal 2022

52.2%Gross margin³

-100.3%Operating margin³

-128.3%Net margin⁴

151.0%Revenue growth, 2022³

Where the money goes

Where each dollar of revenue went, fiscal 2022

Cost of revenueOther costs

Cost of revenue48¢$901.6K
Other costs52¢$985.0K

Out of $1.9M in revenue.³⁵⁴ The company lost money this year.

Financial statements

Revenue⁶³$1.9M in 2022

Gross profit⁷³$985.0K in 2022

Operating income⁸⁹⁶⁷³-$1.9M in 2022+6702% since 2017

Net income⁸⁹⁷⁴-$2.4M in 2022+24869% since 2016

Fiscal year	2016	2017	2018	2019	2020	2021	2022
Revenue				$0⁶	$0⁶	$751.8K³	$1.9M³
Cost of revenue					$0⁷	$420.2K³	$901.6K³
Gross profit					$0⁷	$331.6K³	$985.0K³
Research and development				$0⁶	$0⁶	$0³	$0⁵
Operating expenses						$1.1M³	$2.9M³
Operating income		-$27.8K⁸	-$39.0K⁹	-$31.0K⁶	-$16.6K⁷	-$787.7K³	-$1.9M³
Interest		$2.4K⁸	$4.7K⁹	$7.7K⁶	$8.7K⁶
Income tax					$0³	$0³
Net income	-$9.7K⁸	-$30.2K⁹	-$43.7K⁹	-$38.8K⁷	-$25.2K⁷	-$1.6M⁴	-$2.4M⁴
Earnings per share					-$0.00⁷	-$0.03³	-$0.05³
Earnings per share (diluted)						-$0.03³	-$0.05³
Shares (weighted, basic)						47.5M shares³	48.1M shares³
Shares (weighted, diluted)						47.5M shares³	48.1M shares³

Total assets⁶⁷³$1.7M in 2022

Total liabilities⁸⁹⁶⁷³$6.2M in 2022+8351% since 2017

Shareholders’ equity⁹⁸⁷³-$4.5M in 2022+10371% since 2016

Cash⁶³$148.1K in 2022

Fiscal year	2016	2017	2018	2019	2020	2021	2022
Cash			$0⁶	$0⁶	$0⁶	$250.9K³	$148.1K³
Receivables						$75.7K³	$124.1K³
Inventory						$468.9K³	$461.2K³
Current assets				$0⁶	$0⁷	$848.6K³	$804.4K³
Property, plant and equipment						$257.2K³	$198.2K³
Intangible assets						$0³	$673.3K³
Total assets				$0⁶	$0⁷	$1.1M³	$1.7M³
Current liabilities		$22.9K⁸	$41.0K⁹	$48.9K⁶	$66.7K⁷	$5.5M³	$6.1M³
Long-term debt							$150.0K³
Long-term liabilities						$160.0K³	$160.0K³
Total liabilities		$73.7K⁸	$117.4K⁹	$156.2K⁶	$181.4K⁷	$5.7M³	$6.2M³
Retained earnings						-$1.8M³	-$4.2M³
Shareholders’ equity	-$43.5K⁹	-$73.7K⁸	-$117.4K⁷	-$156.2K⁷	-$181.4K³	-$4.6M³	-$4.5M³
Shares outstanding		44.1M shares⁸	44.1M shares⁹	44.1M shares⁶	44.1M shares⁷	47.6M shares³	49.8M shares³

Cash from operations⁶⁷³-$1.8M in 2022

Fiscal year	2016	2017	2018	2019	2020	2021	2022
Cash from operations				$0⁶	$0⁷	-$827.0K³	-$1.8M³
Depreciation and amortization						$35.7K³	$95.5K³
Cash from investing						$0³	$0³
Cash from financing						$1.1M³	$1.7M³

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Leadership

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

Chief executive

Robert J. Druzak2007

President

Robert J. Druzak2007

2010201520202025

Chief executive officerRobert J. Druzak Apr 30, 2007 to Apr 30, 2007¹¹
PresidentRobert J. Druzak Apr 30, 2007 to Apr 30, 2007¹¹

Board members and other officers (3)

Board memberJoseph J. Meuse Sep 9, 2008 to Sep 9, 2008¹²
Board memberRobert J. Druzak Apr 30, 2007 to Apr 30, 2007¹¹
Board memberWilliam G. Head Iii. Apr 30, 2007 to Apr 30, 2007¹³

Former names

FICAAR, INCMar 4, 2008 to Nov 12, 2021²
OWNERTEL INCNov 19, 2001 to Apr 30, 2007²

Timeline

Apr 30, 2007New chief executive Robert J. Druzak becomes CEO¹¹

Filings

27 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 4 major events, 14 other. The latest 20:

Apr 14, 2026REVOKED EDGAR
Jul 19, 20248-K CURRENT REPORT EDGAR
Apr 1, 2024NT 10-K EXTENSION EDGAR
Nov 15, 202310-Q FORM 10-Q FOR SEPT 2023 EDGAR
Nov 1, 2023PRE 14C PRELIMINARY INFORMATION STATEMENT EDGAR
Oct 13, 20238-K CURRENT REPORT EDGAR
Aug 14, 202310-Q QUARTERLY REPORT EDGAR
May 22, 202310-Q EDGAR
May 15, 2023NT 10-Q EXTENSION EDGAR
Apr 17, 202310-K EDGAR
Mar 31, 2023NT 10-K EXTENSION EDGAR
Nov 21, 202210-Q EDGAR
Nov 14, 2022NT 10-Q 10-Q EXTENSION EDGAR
Aug 15, 202210-Q EDGAR
May 19, 202210-Q EDGAR
May 17, 2022NT 10-Q NT 10-Q FOR PERIOD 3-31-22 EDGAR
Apr 14, 202210-K EDGAR
Mar 28, 2022NT 10-K NOTICE OF LATE FILING EDGAR
Dec 10, 2021253G3 FORM 253(G)(3) EDGAR
Nov 18, 20218-K CURRENT REPORT EDGAR

The 27 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.

Sources

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

1
SEC EDGARHFactor, Inc. filings on SEC EDGAR
2
SEC EDGARHFactor, Inc. filings on SEC EDGAR
3
SEC EDGARHFactor, Inc. 10-K for fiscal 2022
4
SEC EDGARHFactor, Inc. 10-K for fiscal 2022
5
SEC EDGARHFactor, Inc. 10-K for fiscal 2022
6
SEC EDGARHFactor, Inc. 10-K for fiscal 2019
7
SEC EDGARHFactor, Inc. 10-K for fiscal 2020
8
SEC EDGARHFactor, Inc. 10-K for fiscal 2017
9
SEC EDGARHFactor, Inc. 10-K for fiscal 2018
10
SEC EDGARHFactor, Inc. 10-Q for fiscal 2023
11
SEC EDGARRobert J. Druzak, Chief executive officer
12
SEC EDGARJoseph J. Meuse, Board member
13
SEC EDGARWilliam G. Head Iii., Board member