MITI on OTC
Mitesco, Inc.
American computer programming, data processing services company. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerMITI on OTC2
- IndustryServices-Computer Programming, Data Processing, Etc.2
- HeadquartersDenver, United States2
- Incorporated inNV3
- Business address505 Beachland Blvd., Suite 1377, Vero Beach, Fl 329633
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formCorporation2
- LEI549300D4CO7Q8MYI8X072
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O NORTHWEST REGISTERED AGENT SERVICE, INC., 19901 Dover, United States2
- Registered withDivision of Corporations, Department of State, 50969762
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“ us, ” “ our, ” or “ the Company ” refer to Mitesco, Inc. and its subsidiaries.4 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
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development4¢$81.7K
- Selling, general and admin74¢$1.7M
- Profit22¢$498.7K
Out of $38.7K in revenue.5
Financial statements
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $3.5K6 | $07 | $116.0K8 | $09 | $010 | $43.7K5 | $38.7K5 |
| Cost of revenue | $07 | $455.6K8 | $09 | $09 | |||
| Gross profit | $07 | -$339.6K8 | $09 | $09 | |||
| Research and development | $05 | $81.7K5 | |||||
| Selling, general and admin | $1.4M6 | $2.5M7 | $6.1M8 | $4.3M9 | $2.5M10 | $1.2M5 | $1.7M5 |
| Operating expenses | $6.1M8 | $4.3M9 | $2.6M10 | $1.2M5 | $1.9M5 | ||
| Operating income | -$1.4M6 | -$2.5M7 | -$6.4M8 | -$4.3M9 | -$2.6M10 | -$1.2M5 | -$1.9M5 |
| Interest | $1.6M6 | $1.5M7 | $968.5K8 | $3.2M8 | |||
| Income before tax | -$7.9M8 | -$8.3M9 | -$12.0M10 | -$2.5M5 | $498.7K5 | ||
| Income tax | $06 | $08 | $08 | $09 | $010 | $05 | $05 |
| Net income | -$3.9M6 | -$2.9M7 | -$7.9M8 | -$23.2M9 | -$13.3M10 | -$2.5M5 | $498.7K5 |
| Earnings per share | -$5.299 | -$2.9110 | -$0.425 | $0.045 | |||
| Earnings per share (diluted) | -$2.9110 | -$0.425 | -$0.145 | ||||
| Shares (weighted, basic) | 4.5M shares9 | 5.2M shares10 | 6.7M shares5 | 12.1M shares5 | |||
| Shares (weighted, diluted) | 5.2M shares10 | 6.7M shares5 | 26.3M shares5 |
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash | $83.2K6 | $64.8K7 | $1.2M8 | $35.6K9 | $2.8K10 | $3.4K5 | $100.9K5 |
| Receivables | $44.3K8 | $30.9K8 | $010 | $29.7K5 | $27.6K5 | ||
| Inventory | $25.3K8 | $08 | |||||
| Current assets | $93.0K6 | $64.8K7 | $1.3M8 | $180.3K9 | $2.8K10 | $38.1K5 | $132.1K5 |
| Property, plant and equipment | $3.5M8 | $44.7K9 | $09 | ||||
| Intangible assets | $010 | $151.8K5 | $05 | ||||
| Total assets | $100.8K6 | $798.5K7 | $10.7M8 | $2.6M9 | $2.8K10 | $189.8K5 | $132.1K5 |
| Accounts payable | $4.0M8 | $7.4M8 | |||||
| Short-term debt | $08 | $5.0M9 | $945.4K10 | $548.1K5 | $639.4K5 | ||
| Current liabilities | $2.4M6 | $3.0M7 | $5.6M8 | $17.8M9 | $14.1M10 | $18.4M5 | $19.4M5 |
| Long-term debt | $199.3K13 | $08 | $09 | $010 | $05 | $05 | |
| Total liabilities | $2.4M6 | $3.3M7 | $9.5M8 | $21.7M9 | $14.1M10 | $26.6M5 | $23.6M5 |
| Retained earnings | -$25.5M8 | -$48.7M9 | -$62.0M10 | -$63.9M5 | -$63.4M5 | ||
| Shareholders’ equity | -$2.3M7 | -$2.5M8 | $1.1M9 | -$19.1M10 | -$14.1M5 | -$26.4M5 | -$23.5M5 |
| Shares outstanding | 81.3M shares6 | 155.4M shares7 | 4.3M shares8 | 4.6M shares9 | 5.6M shares10 | 9.8M shares5 | 15.1M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$784.5K6 | -$1.5M7 | -$5.0M8 | -$5.2M9 | -$759.7K10 | -$514.4K5 | -$701.6K5 |
| Stock-based compensation | $1.0M8 | $451.2K9 | $904.5K10 | $702.0K5 | $824.6K5 | ||
| Capital spending | |||||||
| Free cash flow | |||||||
| Cash from investing | -$1.9M8 | -$1.7M9 | $010 | -$5.0K5 | $05 | ||
| Cash from financing | $8.0M8 | $5.8M9 | $726.9K10 | $520.0K5 | $799.0K5 |
Leadership
Who has led Mitesco, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerBrian Valania Apr 20, 2026 to now14
- Chief executive officerMack Rimmer Leath Jr. Jan 4, 2024 to Apr 20, 202615
- Chief executive officerJames Philip Crone Sep 25, 2019 to Sep 25, 201916
- Chief executive officerLawrence M. Diamond Nov 29, 2019 to Dec 20, 202317
- Chief executive officerChristopher Albert Knauf Mar 16, 2017 to Mar 16, 201718
- Chief executive officerThomas W. Burnell Oct 20, 2017 to Oct 20, 201719
- Chief executive officerSteve Keaveney Feb 9, 2016 to Feb 9, 201620
- Chief executive officerJames Michael Driscoll Jun 15, 2016 to Jul 25, 201621
- Chief executive officerArol I. Buntzman Dr. Oct 28, 2013 to Feb 10, 201422
- Chief executive officerTerry B. Anderton Feb 10, 2012 to Feb 10, 201223
- ChairMack Rimmer Leath Jr. Jan 4, 2024 to now15
- ChairRon Riewold Oct 2, 2019 to Oct 2, 201924
- ChairSteve Keaveney Feb 9, 2016 to Feb 9, 201620
- ChairArol I. Buntzman Dr. Oct 28, 2013 to Feb 10, 201422
- PresidentJames E. Morton Iii. Jul 26, 2018 to Aug 6, 201825
- PresidentMack Rimmer Leath Jr. Mar 15, 2017 to Mar 15, 201726
- PresidentThomas W. Burnell Oct 20, 2017 to Oct 20, 201719
- PresidentTerry B. Anderton Feb 10, 2012 to Feb 10, 201223
- Chief financial officerBrian Valania Aug 24, 2026 to now27
- Chief financial officerThomas Brodmerkel Dec 6, 2022 to Dec 6, 202228
- Chief financial officerPhillip J. Keller Mar 22, 2021 to Dec 14, 202129
- Chief financial officerJames Philip Crone Nov 2, 2018 to Nov 2, 201830
- Chief financial officerNicole M. Fernandez-Mcgovern Nov 4, 2013 to Nov 4, 201331
- Chief financial officerTerry B. Anderton Feb 10, 2012 to Feb 10, 201223
- Chief operating officerLawrence M. Diamond Oct 31, 2019 to Nov 12, 201932
- Chief operating officerLouis George Deluca Jr. Mar 9, 2017 to Mar 9, 201733
Board members and other officers (33)
- C.O.O.Louis George Deluca Jr. Jul 23, 2018 to Aug 6, 201834
- SecretaryMack Rimmer Leath Jr. Mar 20, 2017 to Mar 20, 201735
- Dir of Corp. CommunicationsPeter John Fortunato Nicosia Jun 5, 2017 to Jun 5, 201736
- VP of Corporate DevelopmentCharles Gaetano Iii. Jun 14, 2017 to Jun 14, 201737
- Vice President EducationPeter M. Banks Jan 24, 2013 to Jan 24, 201338
- Executive VP, SecretaryJoakim Lindblom Feb 10, 2012 to Feb 10, 201239
- Board memberBrian Valania Apr 20, 2026 to now14
- Board memberJohn Gormer Mitchell Jr. Jan 2, 2024 to now40
- Board memberLonnie Allen Plunk Jul 18, 2023 to Jul 18, 202341
- Board memberFaraz Naqvi Jan 26, 2021 to Dec 6, 202242
- Board memberSheila Schweitzer Jun 21, 2021 to Dec 6, 202243
- Board memberThomas Brodmerkel Sep 2, 2020 to Dec 6, 202244
- Board memberJuan Carlos Iturregui Sep 22, 2020 to Dec 6, 202245
- Board memberRon Riewold Oct 2, 2019 to Jan 26, 202146
- Board memberLawrence M. Diamond Oct 16, 2019 to Dec 20, 202347
- Board memberJames Philip Crone Nov 2, 2018 to Sep 25, 201930
- Board memberJordan Paul Balencic Feb 21, 2017 to now48
- Board memberJames C. Czirr Mar 15, 2017 to Mar 15, 201749
- Board memberMack Rimmer Leath Jr. Mar 15, 2017 to now26
- Board memberAmy Cates Lance Mar 17, 2017 to Mar 17, 201750
- Board memberJeffrey Scott Cosman Jan 27, 2016 to Jan 27, 201651
- Board memberJames Michael Driscoll Jun 15, 2016 to Jul 25, 201621
- Board memberPhillip Crone Jun 20, 2016 to Jul 27, 201652
- Board memberIvan Berkowitz Jul 9, 2014 to Jul 9, 201453
- Board memberRichard H. Davis Jan 17, 2013 to Jan 17, 201354
- Board memberPeter M. Banks Jan 24, 2013 to Jan 24, 201338
- Board memberDana Maria Reed Jun 25, 2013 to Jun 25, 201355
- Board memberChris Outwater Feb 10, 2012 to Feb 10, 201256
- Board memberJoakim Lindblom Feb 10, 2012 to Feb 10, 201239
- Board memberJudith Ellen Blake Feb 10, 2012 to Feb 10, 201257
- Board memberTerry B. Anderton Feb 10, 2012 to Feb 10, 201223
- Board memberWilliam David Breukelman Feb 10, 2012 to Feb 10, 201258
- General counselIngrid Jenny Lindstrom Apr 12, 2021 to Dec 6, 202259
Named in SEC Form D filings
People the company listed in its private-offering notices.
Former names
Timeline
- Apr 20, 2026New chief executive Brian Valania becomes CEO14
- Jan 4, 2024New chief executive Mack Rimmer Leath Jr. becomes CEO15
- Nov 29, 2019New chief executive Lawrence M. Diamond becomes CEO17
- Sep 25, 2019New chief executive James Philip Crone becomes CEO16
- Oct 20, 2017New chief executive Thomas W. Burnell becomes CEO19
- Mar 16, 2017New chief executive Christopher Albert Knauf becomes CEO18
- Jun 15, 2016New chief executive James Michael Driscoll becomes CEO21
- Feb 9, 2016New chief executive Steve Keaveney becomes CEO20
- Oct 28, 2013New chief executive Arol I. Buntzman Dr. becomes CEO22
- Feb 10, 2012New chief executive Terry B. Anderton becomes CEO23
- Jan 18, 2012Founded Mitesco, Inc. is founded2
Filings
235 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 99 major events, 56 insider forms, 11 large holders, 4 private raises, 45 other. The latest 20:
- Oct 13, 20268-K EDGAR
- Oct 6, 2026SCHEDULE 13D EDGAR
- Sep 17, 20264 EDGAR
- Aug 24, 2026SCHEDULE 13D EDGAR
- Aug 24, 20264 EDGAR
- Aug 18, 20268-K EDGAR
- Aug 17, 202610-Q EDGAR
- Aug 17, 2026NT 10-Q EDGAR
- Aug 5, 20268-K EDGAR
- Jul 23, 2026EFFECT EDGAR
- Jul 22, 2026S-1/A EDGAR
- Jul 22, 20268-K EDGAR
- Jul 9, 2026S-1 EDGAR
- Jul 6, 20268-K EDGAR
- Jun 8, 20268-K EDGAR
- May 20, 202610-Q EDGAR
- May 15, 2026NT 10-Q EDGAR
- Apr 24, 20268-K EDGAR
- Apr 20, 20263 EDGAR
- Apr 15, 202610-K EDGAR
The 235 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
4 open-market trades by officers, directors and large owners since October 2021: 4 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 23, 2022 | Diamond Lawrence M.Chief Executive Officer | Buy | 10,000 | $0.18 | $1.8K | Form 4 |
| May 20, 2022 | Diamond Lawrence M.Chief Executive Officer | Buy | 20,000 | $0.19 | $3.8K | Form 4 |
| Dec 13, 2021 | KELLER PHILLIP JChief Financial Officer | Buy | 20,000 | $0.16 | $3.2K | Form 4 |
| Dec 6, 2021 | Diamond Lawrence M.Chief Executive Officer | Buy | 21,000 | $0.17 | $3.6K | 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.
- Mack Rimmer Leath Jr.SCHEDULE 13D, 3 filings Feb 7, 2025 to Oct 6, 202662
- Brian ValaniaSCHEDULE 13D, 1 filing Aug 24, 202663
- Anglo Irish Management LLCSCHEDULE 13D, 3 filings Feb 10, 2025 to Sep 11, 202564
- Jordan Paul BalencicSCHEDULE 13D, 2 filings Feb 7, 2025 to Apr 29, 202565
- John Gormer Mitchell Jr.SCHEDULE 13D/A, 2 filings Jan 29, 2025 to Apr 24, 202566
Money raised
Private offerings the company reported to the SEC on Form D.
- Jan 20, 2025Raised $100,000 in a private offering of equity Form D: $5 million offered in all Form D
- Nov 12, 2024Raised $13.9 million in a private offering of equity Form D: $15 million offered in all Form D
- Oct 18, 2021Raised $2 million in a private offering of equity Form D: $10 million offered in all Form D
- Oct 18, 2021Raised $3.1 million in a private offering of equity Form D: $10 million offered in all Form D
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARMitesco, Inc. filings on SEC EDGAR
- 2
- 3SEC EDGARMitesco, Inc. filings on SEC EDGAR
- 4
- 5SEC EDGARMitesco, Inc. 10-K for fiscal 2025
- 6SEC EDGARMitesco, Inc. 10-K for fiscal 2019
- 7SEC EDGARMitesco, Inc. 10-K for fiscal 2020
- 8SEC EDGARMitesco, Inc. 10-K for fiscal 2021
- 9SEC EDGARMitesco, Inc. 10-K for fiscal 2022
- 10SEC EDGARMitesco, Inc. 10-K for fiscal 2023
- 11SEC EDGARMitesco, Inc. 10-Q for fiscal 2026
- 12SEC EDGARMitesco, Inc. 10-Q for fiscal 2026
- 13SEC EDGARMitesco, Inc. 10-K for fiscal 2019
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- 24SEC EDGARRon Riewold, Chair
- 25SEC EDGARJames E. Morton Iii., President
- 26SEC EDGARMack Rimmer Leath Jr., President
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- 34SEC EDGARLouis George Deluca Jr., C.O.O.
- 35SEC EDGARMack Rimmer Leath Jr., Secretary
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- 41SEC EDGARLonnie Allen Plunk, Board member
- 42SEC EDGARFaraz Naqvi, Board member
- 43SEC EDGARSheila Schweitzer, Board member
- 44SEC EDGARThomas Brodmerkel, Board member
- 45SEC EDGARJuan Carlos Iturregui, Board member
- 46SEC EDGARRon Riewold, Board member
- 47SEC EDGARLawrence M. Diamond, Board member
- 48SEC EDGARJordan Paul Balencic, Board member
- 49SEC EDGARJames C. Czirr, Board member
- 50SEC EDGARAmy Cates Lance, Board member
- 51SEC EDGARJeffrey Scott Cosman, Board member
- 52SEC EDGARPhillip Crone, Board member
- 53SEC EDGARIvan Berkowitz, Board member
- 54SEC EDGARRichard H. Davis, Board member
- 55SEC EDGARDana Maria Reed, Board member
- 56SEC EDGARChris Outwater, Board member
- 57SEC EDGARJudith Ellen Blake, Board member
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