Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023 -67.8% Revenue growth, 20233 Where the money goes Where each dollar of revenue went, fiscal 2023 Cost of revenue Interest
Cost of revenue 42¢ $1.8M Interest 58¢ $2.5M Income tax 0¢ $9.6K Out of $2.2M in revenue.3 The company lost money this year.
Financial statements
Income statement Balance sheet Cash flow
Annual Quarterly
Revenue4 5 6 7 8 3 $2.2M in 2023+1656% since 2017 0 $2.0M $4.0M $6.0M $8.0M 2017: $122.7K $122.7K 2017 2018: $668.6K $668.6K 2018 +445% 2019: $2.3M $2.3M 2019 +245% 2020: $1.7M $1.7M 2020 −26% 2021: $4.6M $4.6M 2021 +169% 2022: $6.7M $6.7M 2022 +45% 2023: $2.2M $2.2M 2023 −68% Gross profit4 5 6 7 8 3 $358.7K in 2023+358% since 2017 0 $1.0M $2.0M $3.0M 2017: $78.3K $78.3K 2017 2018: $263.1K $263.1K 2018 +236% 2019: $1.7M $1.7M 2019 +549% 2020: $1.4M $1.4M 2020 −16% 2021: $3.0M $3.0M 2021 +109% 2022: $2.6M $2.6M 2022 −13% 2023: $358.7K $358.7K 2023 −86% Operating income4 5 6 7 8 3 -$7.5M in 2023+950% since 2017 -$15.0M -$10.0M -$5.0M 0 2017: -$712.8K -$712.8K 2017 2018: -$3.4M -$3.4M 2018 +379% 2019: -$5.9M -$5.9M 2019 +73% 2020: -$7.5M -$7.5M 2020 +28% 2021: -$10.3M -$10.3M 2021 +36% 2022: -$14.2M -$14.2M 2022 +38% 2023: -$7.5M -$7.5M 2023 −47% Net income4 5 6 7 8 3 -$9.7M in 2023+355% since 2017 -$15.0M -$10.0M -$5.0M 0 2017: -$2.1M -$2.1M 2017 2018: -$4.1M -$4.1M 2018 +92% 2019: -$5.9M -$5.9M 2019 +43% 2020: -$8.9M -$8.9M 2020 +50% 2021: -$12.2M -$12.2M 2021 +37% 2022: -$14.9M -$14.9M 2022 +23% 2023: -$9.7M -$9.7M 2023 −35%
Revenue9 10 $15.3K in Q3 FY2024−94% since Q2 FY2024 0 $100.0K $200.0K $300.0K Q2 FY2024: $272.3K $272.3K Q2 FY2024 Q3 FY2024: $15.3K $15.3K Q3 FY2024 −94% Gross profit9 10 -$400.5K in Q3 FY2024+2% since Q2 FY2024 -$600.0K -$400.0K -$200.0K 0 Q2 FY2024: -$393.2K -$393.2K Q2 FY2024 Q3 FY2024: -$400.5K -$400.5K Q3 FY2024 +2% Operating income9 10 -$2.8M in Q3 FY2024+81% since Q2 FY2024 -$3.0M -$2.0M -$1.0M 0 Q2 FY2024: -$1.6M -$1.6M Q2 FY2024 Q3 FY2024: -$2.8M -$2.8M Q3 FY2024 +81% Net income9 10 -$3.3M in Q3 FY2024+61% since Q2 FY2024 -$4.0M -$3.0M -$2.0M -$1.0M 0 Q2 FY2024: -$2.0M -$2.0M Q2 FY2024 Q3 FY2024: -$3.3M -$3.3M Q3 FY2024 +61%
Fiscal year 2017 2018 2019 2020 2021 2022 2023 Revenue $122.7K4 $668.6K5 $2.3M6 $1.7M7 $4.6M8 $6.7M3 $2.2M3 Cost of revenue $44.5K4 $405.5K5 $598.6K6 $278.1K7 $1.6M8 $4.1M3 $1.8M3 Gross profit $78.3K4 $263.1K5 $1.7M6 $1.4M7 $3.0M8 $2.6M3 $358.7K3 Research and development $37.0K4 $75.0K5 $150.0K6 $165.0K6 Selling, general and admin $675.3K8 $926.7K8 Operating income -$712.8K4 -$3.4M5 -$5.9M6 -$7.5M7 -$10.3M8 -$14.2M3 -$7.5M3 Interest $279.2K4 $263.5K5 $8.8K6 $934.7K7 $2.1M8 $902.1K3 $2.5M3 Income tax -$748.9K11 $2.1K6 $3.3K7 $1.1K8 $7933 $9.6K3 Net income -$2.1M4 -$4.1M5 -$5.9M6 -$8.9M7 -$12.2M8 -$14.9M3 -$9.7M3 Earnings per share -$2.876 -$1.626 -$9.068 -$4.183 -$0.773 Earnings per share (diluted) -$2.206 -$1.366 -$4.183 -$0.773
Total assets4 5 6 7 8 3 $10.1M in 2023+4517% since 2017 0 $5.0M $10.0M $15.0M $20.0M 2017: $219.3K $219.3K 2017 2018: $3.7M $3.7M 2018 +1584% 2019: $7.2M $7.2M 2019 +95% 2020: $3.9M $3.9M 2020 −46% 2021: $16.5M $16.5M 2021 +321% 2022: $15.6M $15.6M 2022 −6% 2023: $10.1M $10.1M 2023 −35% Total liabilities4 5 6 7 8 3 $11.1M in 2023+471% since 2017 0 $5.0M $10.0M $15.0M 2017: $1.9M $1.9M 2017 2018: $204.8K $204.8K 2018 −89% 2019: $564.7K $564.7K 2019 +176% 2020: $2.4M $2.4M 2020 +331% 2021: $10.9M $10.9M 2021 +346% 2022: $12.9M $12.9M 2022 +18% 2023: $11.1M $11.1M 2023 −13% Shareholders’ equity5 6 7 8 3 -$1.0M in 2023−42% since 2017 -$2.5M 0 $2.5M $5.0M $7.5M 2017: -$1.7M -$1.7M 2017 2018: $3.5M $3.5M 2018 2019: $6.6M $6.6M 2019 +91% 2020: $1.5M $1.5M 2020 −78% 2021: $5.6M $5.6M 2021 +281% 2022: $2.7M $2.7M 2022 −52% 2023: -$1.0M -$1.0M 2023 Cash4 5 6 7 8 3 $34.0K in 2023+1958% since 2017 0 $250.0K $500.0K $750.0K $1.0M 2017: $1.7K $1.7K 2017 2018: $807.7K $807.7K 2018 +48795% 2019: $46.5K $46.5K 2019 −94% 2020: $457.8K $457.8K 2020 +884% 2021: $449.0K $449.0K 2021 −2% 2022: $73.2K $73.2K 2022 −84% 2023: $34.0K $34.0K 2023 −54%
Total assets9 10 $1.9M in Q3 FY2024−62% since Q2 FY2024 0 $2.0M $4.0M $6.0M Q2 FY2024: $4.9M $4.9M Q2 FY2024 Q3 FY2024: $1.9M $1.9M Q3 FY2024 −62% Total liabilities9 10 $11.6M in Q3 FY2024+5% since Q2 FY2024 0 $5.0M $10.0M $15.0M Q2 FY2024: $11.1M $11.1M Q2 FY2024 Q3 FY2024: $11.6M $11.6M Q3 FY2024 +5% Shareholders’ equity9 10 -$9.8M in Q3 FY2024+84% since Q2 FY2024 -$10.0M -$7.5M -$5.0M -$2.5M 0 Q2 FY2024: -$5.3M -$5.3M Q2 FY2024 Q2 FY2024: -$6.2M -$6.2M Q2 FY2024 +16% Q3 FY2024: -$6.8M -$6.8M Q3 FY2024 +9% Q3 FY2024: -$9.8M -$9.8M Q3 FY2024 +45%
Fiscal year 2017 2018 2019 2020 2021 2022 2023 Cash $1.7K4 $807.7K5 $46.5K6 $457.8K7 $449.0K8 $73.2K3 $34.0K3 Current assets $157.5K4 $1.1M5 $3.4M6 $2.8M7 $6.7M8 $8.7M3 $5.4M3 Total assets $219.3K4 $3.7M5 $7.2M6 $3.9M7 $16.5M8 $15.6M3 $10.1M3 Current liabilities $1.9M11 $204.8K5 $505.7K6 $2.2M7 $9.5M8 $12.4M3 $11.1M3 Total liabilities $1.9M4 $204.8K5 $564.7K6 $2.4M7 $10.9M8 $12.9M3 $11.1M3 Shareholders’ equity -$1.7M5 $3.5M6 $6.6M7 $1.5M8 $5.6M3 $2.7M3 -$1.0M3 Shares outstanding 225.6M shares11 440.6M shares5 2.7M shares6 369.6K shares7 2.8M shares8 2.8M shares3 4.4M shares3
Cash from operations4 5 6 7 8 3 -$1.3M in 2023+356% since 2017 -$8.0M -$6.0M -$4.0M -$2.0M 0 2017: -$286.3K -$286.3K 2017 2018: -$753.6K -$753.6K 2018 +163% 2019: -$2.4M -$2.4M 2019 +220% 2020: -$1.9M -$1.9M 2020 −19% 2021: -$7.5M -$7.5M 2021 +284% 2022: -$3.9M -$3.9M 2022 −47% 2023: -$1.3M -$1.3M 2023 −67% Capital spending4 6 7 8 3 $15.0K in 2023−68% since 2018 0 $500.0K $1.0M $1.5M 2018: $46.4K $46.4K 2018 2019: $1.1M $1.1M 2019 +2283% 2020: $50.2K $50.2K 2020 −95% 2021: $538.8K $538.8K 2021 +973% 2023: $15.0K $15.0K 2023 −97% Free cash flow5 6 7 8 3 -$1.3M in 2023+65% since 2018 -$10.0M -$7.5M -$5.0M -$2.5M 0 2018: -$800.0K -$800.0K 2018 2019: -$3.5M -$3.5M 2019 +340% 2020: -$2.0M -$2.0M 2020 −43% 2021: -$8.0M -$8.0M 2021 +301% 2023: -$1.3M -$1.3M 2023 −84%
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 -$286.3K4 -$753.6K5 -$2.4M6 -$1.9M7 -$7.5M8 -$3.9M3 -$1.3M3 Capital spending $46.4K4 $1.1M6 $50.2K7 $538.8K8 $15.0K3 Free cash flow -$800.0K -$3.5M -$2.0M -$8.0M -$1.3M Share buybacks $560.0K7
Compare Can B Corp with another company
Former names
Canbiola, Inc. May 12, 2017 to Mar 3, 20202 Wrapmail, Inc. Jan 10, 2011 to May 15, 20172
Recent filings
Jul 16, 2025 15-12G Mar 28, 2025 NT 10-K Jan 24, 2025 EFFECT Jan 13, 2025 POS AM Nov 19, 2024 10-Q Nov 14, 2024 SC 13G/A Nov 13, 2024 NT 10-Q Oct 28, 2024 8-K Oct 28, 2024 15-12G Aug 19, 2024 10-Q Aug 14, 2024 NT 10-Q Jul 17, 2024 10-Q/A Jun 18, 2024 8-K May 31, 2024 8-K May 20, 2024 10-Q
Every filing from the last three years, summarized . The full record is on SEC EDGAR.1