PMNT on OTC
Perfect Moment Ltd.
American Apparel and Other Finishd Prods of Fabrics and Similar Matl company. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerPMNT on OTC2
- IndustryApparel & Other Finishd Prods of Fabrics & Similar Matl2
- HeadquartersWilmington, United States2
- Incorporated inDE4
- Business address244 Fifth Avenue, Suite 1219, New York, Ny 100014
- Filer category, Emerging growth company4
- Legal formCorporation2
- LEI984500ABEAB91A1BBM072
- StatusActive2
- LEI statusIssued and current2
- Registered address108 W. 13TH STREET SUITE 100, 19801 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 46974822
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European heritage and statement-design tailored for an active and healthy lifestyle at a compelling quality-to-value price point.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 2026
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Wholesale Revenue brought in 61% of the revenue Perfect Moment Ltd. broke down this way in fiscal 2026.
Products and services by year
| Products and services | 2025 | 2026 |
|---|---|---|
| Wholesale Revenue | $10.1M | $14.4M |
| Ecommerce Revenues | $10.1M | $8.3M |
| Partnership Revenues | $555.0K | $885.0K |
| Retail | $775.0K | $69.0K |
Regions
Europe brought in 42% of the revenue Perfect Moment Ltd. broke down this way in fiscal 2026.
Regions by year
| Regions | 2025 | 2026 |
|---|---|---|
| Europe | $7.2M | $10.0M |
| United States | $8.2M | $7.8M |
| United Kingdom | $4.2M | $3.4M |
| Rest Of The World | $1.9M | $2.4M |
Where the money goes
Where each dollar of revenue went, fiscal 2026
- Cost of revenue30¢$7.6M
- Selling, general and admin70¢$18.0M
Out of $23.6M 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 | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Revenue, net | $23.6M | $21.5M |
| Cost of sales | $7.6M | $11.1M |
| Gross profit | $16.0M | $10.4M |
| Selling, general and administrative expenses | $18.0M | $20.7M |
| Marketing and advertising expenses | $3.2M | $3.5M |
| Total operating expenses | $21.2M | $24.2M |
| Loss from operations | -$5.2M | -$13.8M |
| Interest expense and finance costs (including $1,002 and $0 of interest to related parties) | -$2.3M | -$2.0M |
| Foreign currency transactions gain (loss) | $4.0K | -$107.0K |
| Other income | $385.0K | $10.0K |
| Total other expense, net | -$1.9M | -$2.1M |
| Net loss | -$7.1M | -$15.9M |
| Dividends on Series AA Convertible Preferred Stock | -$506.0K | |
| Net loss attributable to common stockholders | -$7.6M | -$15.9M |
| Basic loss per share attributable to common shareholders | -$0.23 | -$0.99 |
| Diluted loss per share attributable to common shareholders | -$0.23 | -$0.99 |
| Basic weighted-average number of shares outstanding | 33.1M shares | 16.1M shares |
| Diluted weighted-average number of shares outstanding | 33.1M shares | 16.1M shares |
| Foreign currency translation (loss) gain | -$283.0K | $62.0K |
| Comprehensive loss | -$7.4M | -$15.9M |
| Payment of financing costs | $1.0M | $0 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.3
| Period ending | 2026-03-31 | 2025-03-31 | 2024-12-31 | 2024-03-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $1.2M | $6.2M | ||
| Restricted cash | $1.4M | |||
| Accounts receivable, net | $2.1M | $886.0K | ||
| Inventories, net | $3.9M | $1.6M | ||
| Prepaid and other current assets | $3.0M | $2.8M | ||
| Total current assets | $10.1M | $12.8M | ||
| Operating lease right-of-use assets | $1.0M | $44.0K | ||
| Property and equipment, net | $499.0K | $483.0K | ||
| Other non-current assets | $582.0K | $36.0K | ||
| Total assets | $12.2M | $13.3M | ||
| Trade payables | $3.6M | $2.6M | ||
| Accrued expenses | $2.9M | $4.2M | ||
| Trade finance facility | $2.5M | |||
| Short-term borrowings, net | $1.9M | |||
| Operating lease obligations, current | $37.0K | $44.0K | ||
| Deferred revenue | $245.0K | $264.0K | ||
| Total current liabilities | $6.7M | $11.5M | ||
| Operating lease obligations, non-current | $1.0M | |||
| Total liabilities | $12.9M | $11.5M | ||
| Common stock; $0.0001 par value, 100,000,000 shares authorized: 47,048,174 and 19,291,000 shares issued and outstanding as of March 31, 2026 and 2025, respectively | $4.0K | $2.0K | ||
| Additional paid-in-capital | $71.7M | $66.8M | ||
| Accumulated other comprehensive loss | -$306.0K | -$23.0K | ||
| Accumulated deficit | -$72.0M | -$64.9M | ||
| Total stockholders (deficit) equity | -$686.0K | $1.9M | -$4.0M | $7.8M |
| Total liabilities and stockholders (deficit) equity | $12.2M | $13.3M | ||
| Preferred stock, shares authorized | 10.0M shares | |||
| Common stock, par value | $0.00 | $0.00 | ||
| Common stock, shares authorized | 100.0M shares | 100.0M shares | ||
| Common stock, shares issued | 47.0M shares | 19.3M shares | ||
| Common stock, shares outstanding | 47.0M shares | 19.3M shares |
| Period ending | 2026-03-31 | 2025-03-31 | 2024-12-31 | 2024-03-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $1.2M | $6.2M | ||
| Restricted cash | $1.4M | |||
| Accounts receivable, net | $2.1M | $886.0K | ||
| Inventories, net | $3.9M | $1.6M | ||
| Prepaid and other current assets | $3.0M | $2.8M | ||
| Total current assets | $10.1M | $12.8M | ||
| Operating lease right-of-use assets | $1.0M | $44.0K | ||
| Property and equipment, net | $499.0K | $483.0K | ||
| Other non-current assets | $582.0K | $36.0K | ||
| Total assets | $12.2M | $13.3M | ||
| Trade payables | $3.6M | $2.6M | ||
| Accrued expenses | $2.9M | $4.2M | ||
| Trade finance facility | $2.5M | |||
| Short-term borrowings, net | $1.9M | |||
| Operating lease obligations, current | $37.0K | $44.0K | ||
| Deferred revenue | $245.0K | $264.0K | ||
| Total current liabilities | $6.7M | $11.5M | ||
| Operating lease obligations, non-current | $1.0M | |||
| Total liabilities | $12.9M | $11.5M | ||
| Common stock; $0.0001 par value, 100,000,000 shares authorized: 47,048,174 and 19,291,000 shares issued and outstanding as of March 31, 2026 and 2025, respectively | $4.0K | $2.0K | ||
| Additional paid-in-capital | $71.7M | $66.8M | ||
| Accumulated other comprehensive loss | -$306.0K | -$23.0K | ||
| Accumulated deficit | -$72.0M | -$64.9M | ||
| Total stockholders (deficit) equity | -$686.0K | $1.9M | -$4.0M | $7.8M |
| Total liabilities and stockholders (deficit) equity | $12.2M | $13.3M | ||
| Preferred stock, shares authorized | 10.0M shares | |||
| Common stock, par value | $0.00 | $0.00 | ||
| Common stock, shares authorized | 100.0M shares | 100.0M shares | ||
| Common stock, shares issued | 47.0M shares | 19.3M shares | ||
| Common stock, shares outstanding | 47.0M shares | 19.3M 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 | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Net loss | -$7.1M | -$15.9M |
| Depreciation and amortization | $323.0K | $342.0K |
| Bad debt expense | $541.0K | -$21.0K |
| Inventory reserve | $457.0K | $1.6M |
| Stock based compensation | $476.0K | $1.3M |
| Amortization of stock-based marketing services shares issued for services | $558.0K | $910.0K |
| Amortization of debt finance costs | $1.8M | $1.8M |
| Other | $6.0K | -$10.0K |
| Accounts receivable, net | -$1.8M | $160.0K |
| Inventories, net | -$2.8M | -$937.0K |
| Prepaid and other current assets | -$670.0K | -$1.5M |
| Operating lease right-of-use assets | $102.0K | $99.0K |
| Other non-current assets | -$198.0K | $3.0K |
| Operating lease obligations | -$52.0K | -$100.0K |
| Trade payables | $860.0K | $1.0M |
| Accrued expenses | -$1.5M | $1.5M |
| Deferred revenue | -$17.0K | -$155.0K |
| Net cash used in operating activities | -$9.0M | -$9.9M |
| Purchases of property and equipment | -$359.0K | -$302.0K |
| Net cash used in investing activities | -$359.0K | -$302.0K |
| Proceeds from issuance of preference shares and warrants, net | $5.1M | |
| Proceeds from convertible debt obligations | $2.0M | |
| Proceeds from trade finance facilities, net | $2.8M | |
| Repayment of trade finance facilities | -$2.5M | -$351.0K |
| Proceeds from short-term borrowings, net | $1.3M | $5.8M |
| Repayment of short-term borrowings | -$4.7M | -$5.7M |
| Proceeds from notes payable related party, net | $5.6M | |
| Repayment of notes payable related party | -$5.1M | |
| Payment of dividends on Series AA Convertible Preferred Stock | -$506.0K | |
| Net cash provided by financing activities | $3.3M | $9.7M |
| Effect of exchange rate changes on cash | -$295.0K | $70.0K |
| Net change in cash | -$6.4M | -$401.0K |
| Interest paid on borrowings and bank loans | $1.7M | $154.0K |
| Recognition of operating lease right of use assets and lease obligations | $1.1M | |
| Recognition of debt discounts on short-term borrowings | $658.0K | $2.9M |
| Fair value of shares issued to extinguish a note payable and accrued interest related party | $508.0K | |
| Financing costs included in accounts payable and accrued expenses | $353.0K | |
| Fair value of RSUs issued as a finance cost on notes payable related party | $305.0K | |
| Fair value of shares issued in exchange for services to be received | $62.0K | $1.5M |
| Cancellation of employee vested options | $23.0K | |
| Conversion of convertible debt to common stock | $2.0M |
No quarter-by-quarter statement was filed.
Leadership
Who has led Perfect Moment Ltd., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerMark Buckley Feb 7, 2024 to Mar 7, 202411
- PresidentJane Gottschalk Sep 23, 2025 to now12
- Chief financial officerChath J. Weerasinghe Feb 12, 2025 to now13
- Chief financial officerJeff Clayborne Feb 7, 2024 to Feb 12, 202514
- Chief operating officerChath J. Weerasinghe Feb 12, 2025 to now13
Board members and other officers (8)
- Chief Creative OfficerJane Gottschalk Feb 7, 2024 to now15
- Board memberAndre Ruben Keijsers Feb 7, 2024 to now16
- Board memberBerndt Dieter Hauptkorn Feb 7, 2024 to now17
- Board memberJane Gottschalk Feb 7, 2024 to now15
- Board memberMark Buckley Feb 7, 2024 to Mar 7, 202411
- Board memberMax Gottschalk Feb 7, 2024 to now18
- Board memberTim Bernd Nixdorff Feb 7, 2024 to now19
- Board memberTracy Debra Barwin Feb 7, 2024 to Mar 7, 202420
Named in SEC Form D filings
People the company listed in its private-offering notices.
Timeline
Filings
185 filings to the SEC since October 2021: 3 annual reports, 8 quarterly reports, 47 major events, 62 insider forms, 8 large holders, 3 private raises, 54 other. The latest 20:
- Oct 15, 20268-K EDGAR
- Aug 17, 20268-K EDGAR
- Aug 14, 202610-Q EDGAR
- Jul 6, 20268-K EDGAR
- Jul 1, 2026SCHEDULE 13G/A EDGAR
- Jun 29, 202610-K EDGAR
- Jun 18, 202625-NSE EDGAR
- Jun 16, 20268-K EDGAR
- Jun 12, 20268-K EDGAR
- May 12, 20268-K EDGAR
- Apr 14, 20268-K EDGAR
- Mar 30, 20268-K EDGAR
- Mar 20, 20268-K EDGAR
- Mar 6, 20268-K EDGAR
- Feb 27, 20264 PRIMARY DOCUMENT EDGAR
- Feb 12, 20268-K EDGAR
- Feb 12, 202610-Q EDGAR
- Jan 21, 20268-K EDGAR
- Jan 20, 20264 PRIMARY DOCUMENT EDGAR
- Jan 20, 20264 PRIMARY DOCUMENT EDGAR
The 185 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
31 open-market trades by officers, directors and large owners since October 2021: 31 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Feb 25, 2026 | Gottschalk MaxDirector | Buy | 29,050 | $0.25 | $7.3K | Form 4 |
| Jul 7, 2025 | Gottschalk MaxDirector | Buy | 25,900 | $0.27 | $7.1K | Form 4 |
| Jul 3, 2025 | Gottschalk MaxDirector | Buy | 20,000 | $0.29 | $5.8K | Form 4 |
| Jun 30, 2025 | Benaron Reeve10% owner | Buy | 1,000,000 | $0.30 | $300.0K | Form 4 |
| Jun 30, 2025 | Gottschalk MaxDirector | Buy | 1,692,694 | $0.30 | $507.8K | Form 4 |
| Mar 28, 2025 | Gottschalk MaxDirector | Buy | 344,797 | $5.80 | $2.0M | Form 4 |
| Mar 7, 2025 | Gottschalk MaxDirector | Buy | 4,560 | $1.09 | $5.0K | Form 4 |
| Mar 6, 2025 | Gottschalk MaxDirector | Buy | 9,860 | $1.00 | $9.9K | Form 4 |
| Mar 5, 2025 | Gottschalk MaxDirector | Buy | 11,761 | $0.97 | $11.4K | Form 4 |
| Mar 4, 2025 | Gottschalk MaxDirector | Buy | 13,739 | $0.94 | $13.0K | Form 4 |
| Mar 3, 2025 | Gottschalk MaxDirector | Buy | 8,000 | $0.94 | $7.5K | Form 4 |
| Mar 3, 2025 | Gottschalk MaxDirector | Buy | 8,000 | $0.94 | $7.5K | Form 4 |
| Feb 27, 2025 | Gottschalk MaxDirector | Buy | 10,000 | $1.01 | $10.1K | Form 4 |
| Feb 27, 2025 | Gottschalk MaxDirector | Buy | 10,000 | $1.01 | $10.1K | Form 4 |
| Feb 25, 2025 | Gottschalk MaxDirector | Buy | 23,000 | $1.01 | $23.2K | Form 4 |
| Feb 24, 2025 | Gottschalk MaxDirector | Buy | 15,000 | $1.01 | $15.2K | Form 4 |
| Feb 21, 2025 | Gottschalk MaxDirector | Buy | 13,000 | $1.03 | $13.4K | Form 4 |
| Jul 17, 2024 | Gottschalk MaxDirector | Buy | 2,400 | $1.88 | $4.5K | Form 4 |
| Jul 17, 2024 | Gottschalk JanePresident | Buy | 2,400 | $1.88 | $4.5K | Form 4 |
| Jul 15, 2024 | Gottschalk MaxDirector | Buy | 2,800 | $1.59 | $4.5K | Form 4 |
All 31 trades can be filtered by person here when JavaScript is on.
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.
- BARD ASSOCIATES INCSCHEDULE 13G/A, 2 filings Jul 2, 2025 to Jul 1, 202624
- X 3 Higher Moment Fund LLCSCHEDULE 13G, 1 filing Sep 4, 202525
- Reeve BenaronSCHEDULE 13G/A, 2 filings Feb 19, 2025 to Apr 21, 202526
- Mark N. TompkinsSCHEDULE 13G/A, 2 filings Nov 14, 2024 to Feb 14, 202527
- Max GottschalkSC 13D, 1 filing Feb 20, 202428
Money raised
Private offerings the company reported to the SEC on Form D.
- May 26, 2023Raised $399,990 in a private offering of equity Form D: $3 million offered in all Form D
- Sep 23, 2022Raised $5.5 million in a private offering of equity Form D: $6 million offered in all Form D
- Apr 8, 2022Raised $1.7 million in a private offering of debt Form D: $4 million offered in all Form D
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 6
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- 9
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- 12SEC EDGARJane Gottschalk, President
- 13
- 14
- 15
- 16SEC EDGARAndre Ruben Keijsers, Board member
- 17
- 18SEC EDGARMax Gottschalk, Board member
- 19SEC EDGARTim Bernd Nixdorff, Board member
- 20SEC EDGARTracy Debra Barwin, Board member
- 21
- 22
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- 24
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