SLSN on Nasdaq

SOLESENCE, INC.

American perfumes company, incorporated in Delaware, listed on Nasdaq (SLSN). Summary from the record

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Last updated Oct 19, 2026.

Overview

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  • TickerSLSN on Nasdaq1
  • IndustryPerfumes, Cosmetics & Other Toilet Preparations1
  • HeadquartersRomeoville, Illinois1
  • Incorporated inDE2
  • Business address1319 Marquette Drive, Romeoville, Il 604462
  • Filer categoryNon-accelerated filer, Smaller reporting company2

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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

25.9%Gross margin3
2.5%Operating margin3
2.9%Net margin3
18.6%Revenue growth, 20253
10.2%Return on equity3

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Consumer Products brought in 88% of the revenue SOLESENCE, INC. broke down this way in fiscal 2025.

  1. Consumer Products$54.9M388%up 24% from 2024
  2. Personal Care ingredients$6.3M310%down 7% from 2024
  3. Advanced Materials$857.0K31%down 25% from 2024
  4. Product and Service, Other$270.0K30%down 41% from 2024
Products and services by year
Products and services20242025
Consumer Products$44.4M$54.9M
Personal Care ingredients$6.8M$6.3M
Advanced Materials$1.1M$857.0K
Product and Service, Other$457.0K$270.0K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue74¢$46.0M
  • Research and development7¢$4.1M
  • Selling, general and admin17¢$10.4M
  • Income tax0¢$73.0K
  • Profit3¢$1.8M

Out of $62.1M in revenue.3

Financial statements

Revenue456783$62.1M in 2025+396% since 2019
0$20.0M$40.0M$60.0M$80.0M2019: $12.5M$12.5M20192020: $17.1M$17.1M2020+37%2021: $29.5M$29.5M2021+72%2022: $37.3M$37.3M2022+27%2023: $37.3M$37.3M2023−0%2024: $52.3M$52.3M2024+40%2025: $62.1M$62.1M2025+19%
Gross profit456783$16.1M in 2025+514% since 2019
0$5.0M$10.0M$15.0M$20.0M2019: $2.6M$2.6M20192020: $6.0M$6.0M2020+129%2021: $8.7M$8.7M2021+45%2022: $8.4M$8.4M2022−4%2023: $7.8M$7.8M2023−6%2024: $16.2M$16.2M2024+107%2025: $16.1M$16.1M2025−1%
Operating income456783$1.6M in 2025
-$5.0M-$2.5M0$2.5M$5.0M$7.5M2019: -$2.8M-$2.8M20192020: $1.5M$1.5M20202021: $2.6M$2.6M2021+72%2022: -$2.3M-$2.3M20222023: -$3.5M-$3.5M2023+57%2024: $5.1M$5.1M20242025: $1.6M$1.6M2025−69%
Net income456783$1.8M in 2025
-$5.0M-$2.5M0$2.5M$5.0M2019: -$3.0M-$3.0M20192020: $989.0K$989.0K20202021: $2.3M$2.3M2021+135%2022: -$2.6M-$2.6M20222023: -$4.4M-$4.4M2023+67%2024: $4.2M$4.2M20242025: $1.8M$1.8M2025−58%

Every line of the income statement as filed: the last 2 fiscal years, latest first.3

Period ending2025-12-312024-12-31
Total revenue$62.1M$52.3M
Cost of revenue$46.0M$36.2M
Gross profit$16.1M$16.2M
Research and development expense$4.1M$3.8M
Selling, general and administrative expense$10.4M$7.2M
Net income from operations$1.6M$5.1M
Interest expense, net$931.0K$670.0K
Other income, net$1.2M
Net income before provision for income taxes$1.9M$4.5M
Provision for income taxes$73.0K$227.0K
Net income$1.8M$4.2M
Net income per share-basic$0.03$0.07
Weighted average number of basic common shares outstanding70.3M shares62.4M shares
Net income per share-diluted$0.02$0.07
Weighted average number of diluted common shares outstanding72.6M shares65.0M shares

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Leadership

Who has led SOLESENCE, INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Joseph Cross2006–2008
  2. Jess Jankowski2008–now

President

  1. Joseph Cross2006–2008
  2. Jess Jankowski2010–now

Chief financial officer

  1. Jess Jankowski2006–2009
  2. Frank Cesario2009–2017
  3. Jaime Escobar2018
  4. Laura C. Riffner2025–now

Chief operating officer

  1. Kevin Cureton2020–now
2010201520202025
Board members and other officers (20)

Former names

  • NANOPHASE TECHNOLOGIES CorpFeb 10, 2016 to Mar 31, 20252
  • NANOPHASE TECHNOLOGIES CORPORATIONOct 1, 1997 to Feb 1, 20162

Timeline

  1. Sep 23, 2008New chief executive Jess Jankowski becomes CEO11
  2. Sep 29, 2006New chief executive Joseph Cross becomes CEO12

Filings

187 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 43 major events, 95 insider forms, 8 large holders, 20 other. The latest 20:

  1. Oct 5, 20268-K EDGAR
  2. Oct 2, 20268-K EDGAR
  3. Aug 21, 20268-K EDGAR
  4. Aug 20, 20268-K EDGAR
  5. Aug 19, 202610-Q QUARTERLY REPORT EDGAR
  6. Aug 14, 2026NT 10-Q EDGAR
  7. Jul 10, 20268-K EDGAR
  8. May 12, 202610-Q QUARTERLY REPORT EDGAR
  9. May 12, 20268-K EDGAR
  10. Apr 29, 20268-K EDGAR
  11. Apr 23, 202610-K/A AMENDMENT TO FORM 10-K EDGAR
  12. Mar 31, 202610-K ANNUAL REPORT EDGAR
  13. Mar 31, 20268-K EDGAR
  14. Dec 30, 20254 EDGAR
  15. Dec 11, 20254 EDGAR
  16. Dec 3, 20258-K EDGAR
  17. Dec 1, 20258-K EDGAR
  18. Nov 13, 20258-K EDGAR
  19. Nov 12, 202510-Q QUARTERLY REPORT EDGAR
  20. Nov 6, 20258-K CURRENT REPORT EDGAR

The 187 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

127 open-market trades by officers, directors and large owners since October 2021: 73 buys and 54 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Dec 24, 2025WHITMORE R JANETDirectorBuy2,500$1.91$4.8KForm 4
Nov 19, 2025WHITMORE R JANETDirectorBuy10,000$1.92$19.2KForm 4
Nov 18, 2025WHITMORE R JANETDirectorBuy267$1.83$489Form 4
Nov 17, 2025WHITMORE R JANETDirectorBuy5,000$1.87$9.3KForm 4
Nov 14, 2025WHITMORE R JANETDirectorBuy19,789$1.73$34.2KForm 4
Jun 6, 2025Cureton KevinChief Operating OfficerSale38,807$3.80$147.5KForm 4
Jun 5, 2025Cureton KevinChief Operating OfficerSale4,693$3.96$18.6KForm 4
May 29, 2025WHITMORE BRADFORD T10% ownerBuy6,689,000$4.20$28.1MForm 4
May 29, 2025WHITMORE BRADFORD T10% ownerSale6,689,000$4.20$28.1MForm 4
Oct 29, 2024WHITMORE R JANETDirectorBuy45,333$0.84$37.9KForm 4
Sep 24, 2024WHITMORE R JANETDirectorBuy23,900$1.60$38.2KForm 4
Sep 23, 2024Cureton KevinChief Operating OfficerBuy4,716$1.48$7.0KForm 4
Sep 23, 2024WHITMORE R JANETDirectorBuy26,000$1.59$41.3KForm 4
Sep 19, 2024WHITMORE R JANETDirectorBuy2,200$1.56$3.4KForm 4
Sep 9, 2024WHITMORE R JANETDirectorBuy4,488$1.51$6.8KForm 4
Sep 4, 2024WHITMORE R JANETDirectorBuy9,019$1.50$13.5KForm 4
Sep 3, 2024WHITMORE R JANETDirectorBuy244$1.48$360Form 4
Aug 27, 2024WHITMORE R JANETDirectorBuy1,177$1.52$1.8KForm 4
Aug 22, 2024WHITMORE R JANETDirectorBuy15,922$1.60$25.4KForm 4
Aug 21, 2024WHITMORE R JANETDirectorBuy5,118$1.57$8.0KForm 4

All 127 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.

  • Bradford T. WhitmoreSCHEDULE 13D/A, 7 filings Dec 23, 2021 to Jun 2, 202537
  • John Howard Conley Jr.SC 13G/A, 1 filing Jan 14, 202238

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 45. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Vanguard Capital Management LLC830,508$610.4K0.0%+18,797
BlackRock, Inc.463,652$340.8K0.0%−605,097
Bank of New York Mellon Corp317,609$233.4K0.0%+273,536
Millennium Management LLC276,497$203.2K0.0%New
Geode Capital Management, LLC238,514$175.4K0.0%−213,015
Morgan Stanley188,797$138.8K0.0%−5,985
Donaldson Capital Management, LLC150,000$110.2K0.0%New
Susquehanna International Group, Llp111,340$81.8K0.0%+97,382
Vanguard Fiduciary Trust Co106,692$78.4K0.0%−16,314
Jane Street Group, LLC99,385$73.0K0.0%New
Goldman Sachs Group Inc92,804$68.2K0.0%+65,180
Tower Research Capital LLC (TRC)55,275$40.6K0.0%+43,348
Zacks Investment Management37,955$27.9K0.0%No change
Northern Trust Corp36,932$27.1K0.0%−100,583
Aqr Capital Management LLC24,702$18.2K0.0%New
Qube Research & Technologies Ltd22,038$16.2K0.0%New
Wealth Enhancement Advisory Services, LLC22,758$15.4K0.0%+478
Pathstone Holdings, LLC20,000$14.7K0.0%No change
Barclays PLC19,807$14.6K0.0%−3,775
State Street Corp18,150$13.3K0.0%−390,837
Citigroup Inc5,695$4.2K0.0%+4,709
Royal Bank Of Canada4,558$3.0K0.0%+849
Bnp Paribas Financial Markets1,643$1.2K0.0%−3,959
Wells Fargo & Company/mn1,588$1.2K0.0%−5,442
Russell Investments Group, Ltd.1,401$1.0K0.0%−457

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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