Overview
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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 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue29¢$188.1K
- Other costs71¢$460.1K
Out of $648.2K in revenue.3 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | $648.2K | $58.8K |
| Cost of Goods Sold | $188.1K | $27.9K |
| Gross Profit | $460.1K | $30.9K |
| General and administrative | $10.9M | $1.3M |
| Sales and marketing | $66.6K | $46.0K |
| Total operating expenses | $11.0M | $1.3M |
| Loss from operations | -$10.6M | -$1.3M |
| Interest expense | -$150.8K | -$41.8K |
| Total other income (expense) | -$150.8K | -$41.8K |
| Net loss | -$10.7M | -$1.3M |
| Net loss per common share: basic | -$0.39 | -$0.05 |
| Net loss per common share: diluted | -$0.39 | -$0.05 |
| Basic weighted average common shares outstanding | 27.8M shares | 27.7M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2024-10-31 | 2024-09-30 | 2023-12-31 |
|---|---|---|---|---|---|
| Cash | $132.2K | $6.2K | |||
| Accounts Receivable | $96.9K | $1.8K | |||
| Inventory | $93.6K | $68.8K | |||
| Total current assets | $322.7K | $76.8K | |||
| Property, plant and equipment | $41.5K | $41.5K | |||
| Leasehold improvements | $49.4K | $49.4K | |||
| Accumulated Depreciations | -$47.4K | -$9.5K | |||
| Property and equipment, net | $43.5K | $81.4K | |||
| Operating lease - right-of-use asset, net | $14.9K | $49.2K | |||
| Intellectual property | $9.7M | $9.7M | |||
| Other intangible assets | $250.0K | $250.0K | |||
| Accumulated Amortization | -$10.0M | -$249.6K | |||
| Security deposit | $9.0K | $9.0K | |||
| Total other assets | $23.9K | $9.8M | |||
| Total assets | $390.0K | $10.0M | |||
| Accounts payable and accrued liabilities | $387.0K | $164.9K | |||
| Unearned Revenue | $300.0K | ||||
| Operating lease - current liability | $14.9K | $34.3K | |||
| Other current liability | $12.9K | ||||
| Total current liabilities | $1.6M | $1.3M | |||
| Operating lease - long-term liability | $14.9K | ||||
| Total long-term liabilities | $14.9K | ||||
| Total liabilities | $1.6M | $1.4M | |||
| Common stock; $0.001 par value; 295,000,000 shares authorized; 28,019,624 and 27,657,679 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively. | $28.0K | $27.7K | |||
| Additional paid-in capital | $12.4M | $11.5M | |||
| Accumulated deficit | -$13.6M | -$2.9M | |||
| Total Stockholders deficit | -$1.2M | $8.6M | -$44.5K | ||
| Total liabilities and stockholders deficit | $390.0K | $10.0M | |||
| Preferred stock, shares authorized | 5.0M shares | 5.0M shares | |||
| Common stock, par value | $0.00 | $0.00 | |||
| Common stock, shares authorized | 295.0M shares | 295.0M shares | |||
| Common stock, shares issued | 28.0M shares | 27.7M shares | 27.7M shares | ||
| Common stock, shares outstanding | 28.0M shares | 27.7M shares | 27.7M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2024-10-31 | 2024-09-30 | 2023-12-31 |
|---|---|---|---|---|---|
| Cash | $132.2K | $6.2K | |||
| Accounts Receivable | $96.9K | $1.8K | |||
| Inventory | $93.6K | $68.8K | |||
| Total current assets | $322.7K | $76.8K | |||
| Property, plant and equipment | $41.5K | $41.5K | |||
| Leasehold improvements | $49.4K | $49.4K | |||
| Accumulated Depreciations | -$47.4K | -$9.5K | |||
| Property and equipment, net | $43.5K | $81.4K | |||
| Operating lease - right-of-use asset, net | $14.9K | $49.2K | |||
| Intellectual property | $9.7M | $9.7M | |||
| Other intangible assets | $250.0K | $250.0K | |||
| Accumulated Amortization | -$10.0M | -$249.6K | |||
| Security deposit | $9.0K | $9.0K | |||
| Total other assets | $23.9K | $9.8M | |||
| Total assets | $390.0K | $10.0M | |||
| Accounts payable and accrued liabilities | $387.0K | $164.9K | |||
| Unearned Revenue | $300.0K | ||||
| Operating lease - current liability | $14.9K | $34.3K | |||
| Other current liability | $12.9K | ||||
| Total current liabilities | $1.6M | $1.3M | |||
| Operating lease - long-term liability | $14.9K | ||||
| Total long-term liabilities | $14.9K | ||||
| Total liabilities | $1.6M | $1.4M | |||
| Common stock; $0.001 par value; 295,000,000 shares authorized; 28,019,624 and 27,657,679 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively. | $28.0K | $27.7K | |||
| Additional paid-in capital | $12.4M | $11.5M | |||
| Accumulated deficit | -$13.6M | -$2.9M | |||
| Total Stockholders deficit | -$1.2M | $8.6M | -$44.5K | ||
| Total liabilities and stockholders deficit | $390.0K | $10.0M | |||
| Preferred stock, shares authorized | 5.0M shares | 5.0M shares | |||
| Common stock, par value | $0.00 | $0.00 | |||
| Common stock, shares authorized | 295.0M shares | 295.0M shares | |||
| Common stock, shares issued | 28.0M shares | 27.7M shares | 27.7M shares | ||
| Common stock, shares outstanding | 28.0M shares | 27.7M shares | 27.7M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$10.7M | -$1.3M |
| Depreciation and Amortization | $9.8M | $263.3K |
| Stock-based compensation | $129.6K | |
| Accounts receivable | -$95.1K | -$1.8K |
| Inventory | -$24.9K | -$65.3K |
| Unearned Revenue | $300.0K | |
| Accounts payable and accrued liabilities | $222.1K | $125.4K |
| Net cash used in operating activities | -$396.0K | -$1.0M |
| Purchases of property, plant and equipment | -$90.9K | |
| Net cash used in investing activities | -$90.9K | |
| Due to related party | -$30.5K | |
| Proceeds from related party promissory notes | $522.0K | $1.1M |
| Net cash from financing activities | $522.0K | $1.1M |
| Net increase (decrease) in cash | $126.0K | -$2.6K |
| Cash paid for interest | $150.8K | $41.8K |
No quarter-by-quarter statement was filed.
Corporate structure
Polomar Health Services, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Polomar Health Services, Inc.
- CWR 1, LLC Filed SC 13D/A on Polomar Health Services, Inc., latest Oct 11, 2024 (2 filings since Jan 12, 2024)
- Rasmus Refer Filed SC 13D on Polomar Health Services, Inc., latest Aug 23, 2023
- Polomar Health Services, Inc. Palm Harbor, Florida
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Polomar Health Services, 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 | $41.5K3 Dec 31, 2025 | $41.5K3 Dec 31, 2024 | 0% |
| Accumulated depreciation | $47.4K3 Dec 31, 2025 | $9.5K3 Dec 31, 2024 | +400.0% |
| Property and equipment, net | $43.5K3 Dec 31, 2025 | $81.4K3 Dec 31, 2024 | −46.6% |
| Operating-lease assets (leased space) | $14.9K3 Dec 31, 2025 | $49.2K3 Dec 31, 2024 | −69.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $132.2K3 Dec 31, 2025 | $6.2K5 Dec 31, 2024 | +2034.6% |
Inventory
Properties, in its own words
Our principal executive offices are located at 32866 US Hwy. 19 N, Palm Harbor, FL 34684. Additionally, Profesco, Inc., an affiliate of the Company’s President, Terrence M. Tierney maintains an office at 22 Greencroft Avenue, STE 1, Staten Island, NY 10308 for the benefit of the Company. We do not pay any rent or lease payments to Profesco for use of the facilities at this time.
We operate a Food, Drug and Cosmetics Act (“FD&C”) compliant 503A sterile compounding pharmacy located at 32866 US Highway 19 N, Palm Harbor, FL 34684.
The rest of Item 2
We do not own any property. We believe that our properties are adequate for our current needs, but growth may require larger facilities in the event of the addition of personnel.
Item 2 of the 10-K filed May 6, 2026.8
Leadership
Who has led Polomar Health Services, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
- PresidentTerrence McGill Tierney Sep 17, 2025 to now9
- PresidentBrett Rosen Jan 12, 2024 to Jan 12, 202410
- Chief financial officerBrett Rosen Jan 12, 2024 to Jan 12, 202410
- Chief financial officerTerrence McGill Tierney Mar 28, 2024 to now11
Board members and other officers (4)
- Board memberBrett Rosen Jan 12, 2024 to Jan 12, 202410
- Board memberTerrence McGill Tierney Mar 28, 2024 to now11
- Board memberVirginia Gabriel Del Jul 23, 2024 to now12
- Board memberDavid A. Spiegel Oct 7, 2024 to now13
Former names
Timeline
- Jul 30, 20268-K Executive or director change; Bylaws or fiscal year changed14
- Jul 20, 20268-K Executive or director change15
- Jul 17, 20268-K Change of auditor16
- Jul 6, 20268-K Executive or director change; Bylaws or fiscal year changed17
- Jun 15, 20268-K Ended a material agreement18
- May 15, 20268-K Entered a material agreement; Other events19
- Apr 29, 20268-K Ended a material agreement20
- Dec 12, 20258-K Entered a material agreement21
- Oct 14, 20258-K Entered a material agreement22
- Aug 29, 20258-K Entered a material agreement23
- Jul 29, 20258-K Entered a material agreement24
- Jul 25, 20258-K Entered a material agreement25
Filings
102 filings to the SEC since October 2021: 3 annual reports, 11 quarterly reports, 32 major events, 8 insider forms, 3 large holders, 45 other. The latest 20:
- Sep 23, 2026EFFECT EDGAR
- Sep 23, 2026POS AM EDGAR
- Aug 14, 202610-Q EDGAR
- Jul 30, 20268-K/A EDGAR
- Jul 20, 20268-K EDGAR
- Jul 17, 20268-K EDGAR
- Jul 6, 20268-K EDGAR
- Jun 15, 20268-K EDGAR
- Jun 1, 202610-Q EDGAR
- May 18, 2026NT 10-Q EDGAR
- May 15, 20268-K EDGAR
- May 6, 202610-K EDGAR
- Apr 29, 20268-K EDGAR
- Apr 1, 2026NT 10-K EDGAR
- Mar 12, 2026DEFM14C EDGAR
- Feb 17, 2026DEF 14C EDGAR
- Feb 17, 2026PRER14C EDGAR
- Feb 5, 2026PRE 14C EDGAR
- Dec 19, 2025424B3 EDGAR
- Dec 12, 2025EFFECT EDGAR
The 102 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
1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 12, 2023 | Refer RasmusCEO and CFO | Sale | 1,145,000 | $0.10 | $114.5K | 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.
- CWR 1, LLCSC 13D/A, 2 filings Jan 12, 2024 to Oct 11, 202426
- Rasmus ReferSC 13D, 1 filing Aug 23, 202327
SEC filer profile
How Polomar Health Services, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARPolomar Health Services, Inc.1
- CIK0001265521
- Employer ID (EIN)86-10063138
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company8
- Incorporated inNevada8
- Fiscal year endsDecember 311
- Industry code (SIC)2834 Pharmaceutical Preparations1
- SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
- Business address32866 Us Hwy. 19 N, Palm Harbor, FL 346841
- Phone800-490-74541
- Shares outstanding28,380,868 as of Aug 10, 20267
- Public float$3.6M as of Jun 30, 20258
- AuditorGreenGrowth CPAs, Los Angeles, California PCAOB ID 6580; no auditor attestation of internal control over financial reporting8
- On EDGAR sinceSep 30, 20031
- Filings148 in all: 8-K (38), 10-Q (18), UPLOAD (14), CORRESP (11), NT 10-Q (9), 3 (6), 10-K (5), 10-K/A (4)1
All 29 form types
8-K/A (4), EFFECT (4), NT 10-K (4), 10-Q/A (3), POS AM (3), S-1/A (3), 10-12G/A (2), 4 (2), DEF 14C (2), PRE 14C (2), PRER14C (2), S-1 (2), SC 13D (2), 10-12G (1), 15-15D (1), 424B3 (1), DEFM14C (1), REGDEX (1), RW (1), SC 13D/A (1), SC 14F1 (1)
- Latest filingsAnnual report (10-K) May 6, 2026
Quarterly report (10-Q) Aug 14, 2026
Latest 8-K (8-K) Jul 20, 2026
Risk factors and legal proceedings
The risks Polomar Health Services, Inc. names in Item 1A of its 10-K filed May 6, 2026: 48 risks under these headings, as written.8
- Risks Related to Our Business and Financial Status
- We are a development stage company with a limited operating history, making it difficult for you to evaluate our business and your investment.
- Since inception, we have not established any material and recurring revenues or operations that will provide financial stability in the long term, and there can be no assurance that we will realize our plans on our projected timetable (or at all) in order to reach sustainable or profitable operations.
- We are at an early stage of marketing and sales, and we have limited sales history.
- We may never become profitable.
- If we fail to obtain additional financing, we may be unable to complete the roll-out of our business and services.
- Business or economic disruptions or global health concerns could seriously harm our business.
- We are subject to significant related party short term debt and other current liabilities, which we may be unable to repay.
- Our competitors may develop and market products that are less expensive than our product candidates.
- We have an unproven business plan.
- We have a history of net losses and anticipate that we will continue to incur net losses for the foreseeable future.
- Viable markets for our products may never develop, may take longer to develop than we anticipate or may not be sustainable.
The other 37 risks
- We may not meet our development and commercialization milestones.
- Our business depends on retaining and attracting highly capable management and operating personnel.
- We may be unable to manage rapid growth effectively.
- Risks Related to Our Intellectual Property
- We are substantially dependent on licensed patent and other proprietary rights and failing to protect such rights or to be successful in litigation related to our rights or the rights of others may result in our payment of significant monetary damages and/or royalty payments, negatively impact our ability to sell current or future products, or prohibit us from enforcing our patent and other proprietary rights against others.
- We may be unable to adequately prevent disclosure of trade secrets and other proprietary information.
- A significant portion of our business may infringe on existing patents; Litigation regarding patents, patent applications and other proprietary rights may be expensive and time consuming. If we are involved in such litigation, it could cause delays in bringing product candidates to market and harm our ability to operate.
- Risks Related to Our Common Stock
- There is a limited trading market for our common stock, which could make it difficult for you to liquidate an investment in our common stock, in a timely manner.
- We cannot assure you that our common stock will become listed on a securities exchange and the failure to do so may adversely affect your ability to dispose of our common stock in a timely fashion.
- The market price and trading volume of our common stock may be volatile, which may adversely affect its market price.
- Your interest in us may be diluted if we issue additional shares of common stock.
- We are a smaller reporting company, and the reduced reporting requirements applicable to smaller reporting companies may make our common stock less attractive to investors.
- Our common stock is subject to the “penny stock” rules of the SEC, which makes transactions in our stock cumbersome and may reduce the value of an investment in our stock.
- We intend to issue more shares to raise capital, which will result in substantial dilution.
- Anti-takeover provisions that may be in our charter and bylaws may prevent or frustrate attempts by stockholders to change the board of directors or current management and could make a third-party acquisition of us difficult.
- We do not intend to pay cash dividends in the foreseeable future.
- We expect to incur increased costs and demands upon management as a result of being a public company.
- A significant portion of our total outstanding shares are restricted from immediate resale but may be sold into the market in the future. This could cause the market price of our common stock to drop significantly, even if our business is doing well.
- If securities or industry analysts do not publish research or reports, or publish unfavorable research or reports, about us, our business or our market, our stock price and trading volume could decline.
- Our largest shareholder and its affiliates have substantial control over us and our policies and will be able to influence all corporate matters, which might not be in other shareholders’ interests.
- General Risks
- The Company’s Success Depends on Its Executive Management and Other Key Personnel.
- Challenges with Respect to Labor Availability Could Negatively Impact the Company’s Ability to Operate or Grow the Business.
- Political, social and geopolitical conditions can adversely affect our business.
- Significant Increases in Tariffs on Foreign Goods May Harm the Company’s Financial Results.
- Information technology failures and data security breaches could harm our business.
- Risks Related to Legal, Accounting and Regulatory Matters
- Failure by us to maintain the proprietary nature of our technology could have a material adverse effect on our business, operating results, financial condition, stock price, and on our ability to compete effectively.
- Compliance with changing regulation of corporate governance and public disclosure may result in additional expenses.
- If we fail to comply with the rules under the sarbanes-oxley act related to accounting controls and procedures, or if material weaknesses or other deficiencies are discovered in our internal accounting procedures, our stock price could decline significantly.
- Failure to comply with the u.s. foreign corrupt practices act, the u.k. bribery act or other applicable anti-bribery laws could have an adverse effect on the company.
- Changes in tax laws or exposure to additional income tax liabilities could have a material impact on our company, the results of operations, financial conditions and cash flows.
- Risks Related to our Management and Control Persons
- Our lack of adequate D&O insurance may also make it difficult for us to retain and attract talented and skilled directors and officers.
- Our Officer and Key Personnel may voluntarily terminate their relationship with us at any time, and competition for qualified personnel is lengthy, costly, and disruptive.
- Risks Relating to Our Company and Industry
- The success of our business depends on our ability to maintain and enhance our reputation and brand.
- In the event that we are unable to successfully compete in our industry, we may see lower profit margins
- If we are unable to successfully manage growth, our operations could be adversely affected.
- We may fail to successfully integrate acquisitions or otherwise be unable to benefit from pursuing acquisitions.
- The elimination of monetary liability against our directors, officers and employees under our Articles of Incorporation and the existence of indemnification rights to our directors, officers and employees may result in substantial expenditures by our Company and may discourage lawsuits against our directors, officers, and employees.
- Failure to establish and maintain an effective system of internal controls could result in material misstatements of our financial statements or cause us to fail to meet our reporting obligations or fail to prevent fraud in which case, our stockholders could lose confidence in our financial reporting, which would harm our business and could negatively impact the price of our stock. Furthermore, our management and our independent auditors have identified certain internal control deficiencies, which management and our independent auditors believe constitute material weaknesses.
Legal proceedings
From time to time, we may become involved in various lawsuits and legal proceedings, which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm business.
The opening of Item 3, Legal Proceedings.8
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9SEC EDGARTerrence McGill Tierney, President
- 10SEC EDGARBrett Rosen, President
- 11
- 12SEC EDGARVirginia Gabriel Del, Board member
- 13SEC EDGARDavid A. Spiegel, Board member
- 14
- 15SEC EDGARExecutive or director change
- 16SEC EDGARChange of auditor
- 17
- 18SEC EDGAREnded a material agreement
- 19
- 20SEC EDGAREnded a material agreement
- 21SEC EDGAREntered a material agreement
- 22SEC EDGAREntered a material agreement
- 23SEC EDGAREntered a material agreement
- 24SEC EDGAREntered a material agreement
- 25SEC EDGAREntered a material agreement
- 26
- 27