Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue72¢$2.6M
- Selling, general and admin28¢$989.9K
- Income tax0¢$100
Out of $2.4M in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2022
- Capital spending100¢$816.7K
Out of $504.8K of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $376.4K4 | $275.5K5 | $136.9K6 | $73.4K7 | $370.3K3 | $2.4M3 | |
| Cost of revenue | $173.3K4 | $128.4K5 | $104.4K6 | $39.6K7 | $339.6K3 | $2.6M3 | |
| Gross profit | $203.1K4 | $147.1K5 | $32.5K6 | $33.8K7 | $30.7K3 | -$127.6K3 | |
| Selling, general and admin | $1.4M3 | $989.9K3 | |||||
| Operating expenses | $1.4M3 | $1.3M3 | |||||
| Operating income | -$85.7K4 | -$87.4K5 | -$393.6K6 | -$80.1K7 | -$1.4M3 | -$1.5M3 | |
| Income before tax | -$1.2M3 | -$2.4M3 | |||||
| Income tax | $1.3K3 | $1003 | |||||
| Net income | -$85.7K4 | $194.3K5 | -$393.6K6 | -$69.6K7 | -$1.2M3 | -$2.4M3 | |
| Earnings per share | -$857.114 | $0.465 | -$0.255 | ||||
| Earnings per share (diluted) | -$857.114 | $0.315 | -$0.255 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $263.1K6 | $4.1K7 | $19.6K7 | ||||
| Receivables | $15.0K3 | $74.2K3 | |||||
| Inventory | $418.5K3 | $347.2K3 | |||||
| Current assets | $33.6K4 | $244.2K5 | $263.1K6 | $4.1K7 | $809.6K3 | $2.3M3 | |
| Property, plant and equipment | $2.2M3 | $2.6M3 | |||||
| Total assets | $33.6K4 | $244.2K5 | $263.1K6 | $4.1K7 | $6.2M3 | $9.1M3 | |
| Accounts payable | $468.5K3 | $628.0K3 | |||||
| Short-term debt | $15.1K7 | ||||||
| Current liabilities | $388.5K4 | $188.6K5 | $194.5K6 | $125.1K7 | $2.0M3 | $4.0M3 | |
| Total liabilities | $388.5K4 | $188.6K5 | $194.5K6 | $125.1K7 | $4.8M3 | $7.9M3 | |
| Retained earnings | -$1.2M3 | -$3.5M3 | |||||
| Shareholders’ equity | -$553.1K4 | -$355.0K5 | $55.6K6 | $68.7K7 | -$121.0K7 | $1.4M3 | $1.3M3 |
| Shares outstanding | 100 shares4 | 1.4M shares5 | 1.7M shares6 | 1.7M shares7 | 1.7M shares7 | 500.0K shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$77.5K4 | $8.0K5 | -$207.8K6 | -$86.6K7 | $47.2K3 | $504.8K3 | |
| Depreciation and amortization | $85.1K3 | $447.0K3 | |||||
| Stock-based compensation | $983.5K3 | ||||||
| Capital spending | $2.0M3 | $816.7K3 | |||||
| Free cash flow | -$1.9M | -$312.0K | |||||
| Cash from investing | -$2.0M3 | -$816.7K3 | |||||
| Cash from financing | $2.3M3 | $1.2M3 |
Corporate structure
RENEWABLE INNOVATIONS, 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 RENEWABLE INNOVATIONS, INC.
- Lynn Bagley Barney Filed SC 13D on RENEWABLE INNOVATIONS, INC., latest Dec 14, 2022
- Robert L. Mount Filed SC 13D on RENEWABLE INNOVATIONS, INC., latest Dec 14, 2022
- Warren Kettlewell Filed SC 13G on RENEWABLE INNOVATIONS, INC., latest Mar 10, 2022
- Edward Weaver Filed SC 13G on RENEWABLE INNOVATIONS, INC., latest Feb 23, 2022
- Julio Fernandez Filed SC 13G on RENEWABLE INNOVATIONS, INC., latest Feb 23, 2022
- Alex Aliksanyan Filed SC 13D on RENEWABLE INNOVATIONS, INC., latest Feb 14, 2022
- Thomas Michael Grbelja Filed SC 13D on RENEWABLE INNOVATIONS, INC., latest Feb 14, 2022
- William Donald McLeod Filed SC 13D on RENEWABLE INNOVATIONS, INC., latest Feb 14, 2022
- RENEWABLE INNOVATIONS, INC. Lindon, Utah
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What RENEWABLE INNOVATIONS, 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 |
|---|---|---|---|
| Machinery and equipment | $579.1K3 Nov 30, 2022 | $451.6K3 Nov 30, 2021 | +28.2% |
| Leasehold improvements | $141.6K3 Nov 30, 2022 | $141.6K3 Nov 30, 2021 | 0% |
| Construction in progress | $689.7K3 Nov 30, 2022 | ||
| Property and equipment, before depreciation | $3.1M3 Nov 30, 2022 | $2.3M3 Nov 30, 2021 | +35.9% |
| Accumulated depreciation | $532.1K3 Nov 30, 2022 | $85.1K3 Nov 30, 2021 | +525.2% |
| Property and equipment, net | $2.6M3 Nov 30, 2022 | $2.2M3 Nov 30, 2021 | +16.9% |
| Operating-lease assets (leased space) | $4.2M3 Nov 30, 2022 | $3.1M3 Nov 30, 2021 | +35.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $19.6K7 Nov 30, 2021 | $4.1K7 Nov 30, 2020 | +375.8% |
Inventory
Leadership
Who has led RENEWABLE INNOVATIONS, INC., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerRobert L. Mount Dec 13, 2022 to Dec 13, 202211
- Chief executive officerAlex Aliksanyan Sep 4, 2018 to May 10, 202212
- Chief financial officerThomas Michael Grbelja Jan 11, 2022 to May 11, 202213
- Chief financial officerLynn Bagley Barney Dec 13, 2022 to Dec 13, 202214
Board members and other officers (5)
- Treasurer and SecretaryThomas Michael Grbelja Sep 4, 2018 to Aug 21, 201915
- Board memberLynn Bagley Barney Dec 13, 2022 to Dec 13, 202214
- Board memberRobert L. Mount Dec 13, 2022 to Dec 13, 202211
- Board memberThomas Michael Grbelja Aug 21, 2019 to May 11, 202216
- Board memberAlex Aliksanyan Sep 4, 2018 to May 10, 202212
Former names
- Nestbuilder.com Corp.Dec 22, 2017 to Dec 1, 20222
Timeline
- Oct 21, 20248-K Entered a material agreement; Completed an acquisition or sale; Other events17
- Nov 13, 20238-K Results of operations; Earlier financial statements no longer reliable18
- Oct 11, 20238-K Entered a material agreement19
- Sep 29, 20238-K Entered a material agreement20
- Sep 11, 20238-K Change of auditor21
- Sep 6, 20238-K Entered a material agreement22
- Jun 23, 20238-K Change of auditor23
- Jun 9, 20238-K Entered a material agreement; Completed an acquisition or sale; Unregistered sale of shares24
- Jun 1, 20238-K Results of operations; Earlier financial statements no longer reliable25
- May 4, 20238-K Entered a material agreement26
- Mar 13, 20238-K Entered a material agreement; Unregistered sale of shares27
- Mar 3, 20238-K Entered a material agreement; Completed an acquisition or sale; Unregistered sale of shares28
- Dec 13, 2022New chief executive Robert L. Mount becomes CEO11
- Sep 4, 2018New chief executive Alex Aliksanyan becomes CEO12
Calendar
When it reported results
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
56 filings to the SEC since October 2021: 3 annual reports, 5 quarterly reports, 19 major events, 16 insider forms, 8 large holders, 5 other. The latest 20:
- Nov 22, 2024REVOKED EDGAR
- Oct 21, 20248-K EDGAR
- Nov 13, 20238-K EDGAR
- Oct 11, 20238-K EDGAR
- Sep 29, 20238-K EDGAR
- Sep 11, 20238-K EDGAR
- Sep 6, 20238-K EDGAR
- Jun 23, 20238-K EDGAR
- Jun 13, 202310-Q EDGAR
- Jun 9, 202310-K/A EDGAR
- Jun 9, 20238-K/A EDGAR
- Jun 1, 20238-K EDGAR
- May 4, 20238-K EDGAR
- Apr 14, 2023NT 10-Q EDGAR
- Mar 13, 20238-K EDGAR
- Mar 8, 202310-K EDGAR
- Mar 3, 20238-K/A EDGAR
- Feb 28, 2023NT 10-K EDGAR
- Dec 14, 2022SC 13D EDGAR
- Dec 14, 2022SC 13D EDGAR
The 56 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: 1 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Feb 28, 2022 | McLeod William DonaldSecretary | Buy | 125,000 | $0.08 | $10.0K | 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.
- Lynn Bagley BarneySC 13D, 1 filing Dec 14, 202229
- Robert L. MountSC 13D, 1 filing Dec 14, 202230
- Warren KettlewellSC 13G, 1 filing Mar 10, 202231
- Edward WeaverSC 13G, 1 filing Feb 23, 202232
- Julio FernandezSC 13G, 1 filing Feb 23, 202233
- Alex AliksanyanSC 13D, 1 filing Feb 14, 202234
- Thomas Michael GrbeljaSC 13D, 1 filing Feb 14, 202235
- William Donald McLeodSC 13D, 1 filing Feb 14, 202236
SEC filer profile
How RENEWABLE INNOVATIONS, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARRENEWABLE INNOVATIONS, INC.1
- CIK0001725516
- Employer ID (EIN)82-32542641
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inNevada1
- Fiscal year endsNovember 301
- Industry code (SIC)7310 Services-Advertising1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address588 West 400 South, Suite 110, Lindon, UT 840421
- Phone(801) 406-67401
- Shares outstanding6,734,120 as of Jun 7, 202310
- Public float$365.4K as of May 31, 20223
- On EDGAR sinceDec 22, 20171
- Filings105 in all: 8-K (23), 10-Q (16), 4 (16), 10-12G/A (5), 10-K (5), 3 (5), SC 13D (5), CORRESP (4)1
All 20 form types
NT 10-Q (4), UPLOAD (4), 4/A (3), 5 (3), 8-K/A (3), SC 13G (3), 10-12G (1), 10-K/A (1), 10-Q/A (1), NT 10-K (1), REVOKED (1), SC 14F1 (1)
- Latest filingsAnnual report (10-K) Mar 8, 2023
Quarterly report (10-Q) Jun 13, 2023
Latest 8-K (8-K) Oct 21, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARThomas Michael Grbelja, Board member
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- 19SEC EDGAREntered a material agreement
- 20SEC EDGAREntered a material agreement
- 21SEC EDGARChange of auditor
- 22SEC EDGAREntered a material agreement
- 23SEC EDGARChange of auditor
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- 26SEC EDGAREntered a material agreement
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