Private company
U.S. Stem Cell, Inc.
American commercial physical and biological research services company2
In its 2023 annual report the company says: “We are a biotechnology company focused on the discovery, development and, subject to regulatory approval, commercialization of autologous cell therapies for the treatment of disease and injury. We are also a regenerative medicine company specializing in physician/veterinary training and certification and stem cell products.”43 It is headquartered in Sunrise, United States.2
Last updated Oct 20, 2026.
Overview
- IndustryServices-Commercial Physical & Biological Research2
- HeadquartersSunrise, United States2
- Incorporated inFL3
- Business address1560 Sawgrass Corporate Pkwy, 4Th Floor, Sunrise, Fl 333233
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formProfit Corporation2
- LEI549300BYV51UWQXOKZ832
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O Emas, Joseph, 33154 Surfside, United States2
- Registered withFlorida Division of Corporations, P990000718152
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 revenue1¢$23.8K
- Selling, general and admin71¢$1.8M
- Interest28¢$690.0K
Out of $82.0K in revenue.4 The company lost money this year.
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $3.1M5 | $5.5M6 | $6.7M7 | $3.1M8 | $277.1K9 | $200.7K4 | $82.0K4 |
| Cost of revenue | $972.0K5 | $1.9M6 | $2.1M7 | $1.3M8 | $64.1K9 | $52.0K4 | $23.8K4 |
| Gross profit | $2.1M5 | $3.6M6 | $4.6M7 | $1.7M8 | $213.0K9 | $148.7K4 | $58.3K4 |
| Research and development | $9195 | $6.6K6 | $5.4K7 | $2638 | $08 | $09 | |
| Selling, general and admin | $3.3M5 | $4.4M6 | $5.7M7 | $4.5M8 | $2.6M9 | $2.3M4 | $1.8M4 |
| Operating expenses | $2.3M4 | $1.8M4 | |||||
| Operating income | -$1.2M5 | -$804.7K6 | -$1.1M7 | -$3.4M8 | -$2.4M9 | -$2.1M4 | -$1.7M4 |
| Interest | $1.2M5 | $642.1K6 | $1.4M7 | $981.0K8 | $488.4K9 | $1.0M4 | $690.0K4 |
| Income before tax | -$3.3M4 | -$2.9M4 | |||||
| Income tax | $05 | $06 | $07 | $08 | $09 | $04 | $04 |
| Net income | -$2.1M5 | -$3.5M6 | -$2.2M7 | -$3.8M8 | -$2.9M9 | -$3.3M4 | -$2.9M4 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $270.7K6 | $986.8K7 | $1.4M8 | $08 | $18.6K9 | $39.4K4 | $5.1K4 |
| Receivables | $1.2K4 | $4.3K4 | |||||
| Inventory | $3934 | $9804 | |||||
| Current assets | $329.0K5 | $1.1M6 | $1.5M7 | $66.3K8 | $88.2K9 | $51.0K4 | $68.0K4 |
| Property, plant and equipment | $09 | ||||||
| Total assets | $427.6K5 | $1.6M6 | $1.8M7 | $89.8K8 | $88.2K9 | $51.0K4 | $68.0K4 |
| Accounts payable | $1.4M4 | $1.6M4 | |||||
| Current liabilities | $6.2M5 | $6.5M6 | $5.9M7 | $8.8M8 | $10.8M9 | $12.0M4 | $14.1M4 |
| Long-term debt | $1.2M5 | $1.2M6 | $1.3M7 | $07 | |||
| Long-term liabilities | $778.6K4 | $735.5K4 | |||||
| Total liabilities | $8.4M5 | $8.7M6 | $8.7M7 | $9.6M8 | $11.7M9 | $12.8M4 | $14.8M4 |
| Retained earnings | -$139.8M4 | -$142.5M4 | |||||
| Shareholders’ equity | -$8.0M6 | -$7.1M7 | -$6.9M8 | -$9.5M9 | -$11.6M4 | -$12.8M4 | -$14.7M4 |
| Shares outstanding | 127.0M shares5 | 342.1M shares6 | 378.1M shares7 | 417.7M shares8 | 435.6M shares9 | 503.5M shares4 | 634.4M shares4 |
What it owns
What U.S. Stem Cell, 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 |
|---|---|---|---|
| Furniture and fixtures | $5.6K9 Dec 31, 2021 | $5.6K9 Dec 31, 2020 | 0% |
| Computer equipment and software | $1.8K9 Dec 31, 2021 | $1.8K9 Dec 31, 2020 | 0% |
| Property and equipment, before depreciation | $7.4K9 Dec 31, 2021 | $7.4K9 Dec 31, 2020 | 0% |
| Accumulated depreciation | $7.4K9 Dec 31, 2021 | $7.4K9 Dec 31, 2020 | 0% |
| Property and equipment, net | $09 Dec 31, 2021 | $09 Dec 31, 2020 |
Investments
Inventory
Leadership
Who has led U.S. Stem Cell, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerKarl Groth Feb 18, 2010 to Feb 18, 201013
- Chief executive officerHoward J. Leonhardt May 27, 2009 to Sep 1, 200914
- Chief executive officerWilliam M. Pinon Oct 2, 2007 to Oct 2, 200715
- ChairHoward J. Leonhardt Oct 2, 2007 to Sep 1, 200916
- PresidentWilliam M. Pinon Oct 2, 2007 to Oct 2, 200715
- Chief financial officerPeggy A. Farley Feb 19, 2010 to Apr 30, 201017
- Chief financial officerWilliam H. Kline Oct 2, 2007 to Oct 2, 200718
- Chief operating officerCatherine Sulawske-Guck Aug 17, 2011 to Aug 17, 201119
- Chief operating officerPeggy A. Farley Feb 19, 2010 to Apr 30, 201017
Board members and other officers (23)
- Chief Technology OfficerHoward J. Leonhardt Apr 1, 2011 to Sep 2, 201120
- Vice President,R&D & Corp DevKristin C. Comella Jun 10, 2009 to Dec 7, 201821
- Vice President,Sales&MarketingMatthew J. Fendrich Jun 10, 2009 to Jun 10, 200922
- VP of Public RelationsBromley R. Scott Oct 2, 2007 to Feb 20, 200923
- VP of Admin & HRCatherine Sulawske-Guck Oct 2, 2007 to Feb 18, 201024
- VP of Financial OperationsNicholas M. Burke Oct 2, 2007 to Oct 2, 200725
- VP Clinical Affairs & Phys RelRichard T. Spencer Iv. Oct 2, 2007 to Oct 2, 200726
- Board memberGregory Knutson Sep 1, 2017 to Apr 29, 202227
- Board memberSheldon T. Anderson Mar 14, 2014 to Dec 20, 201928
- Board memberKristin C. Comella Nov 18, 2014 to Dec 7, 201829
- Board memberHoward J. Leonhardt Apr 1, 2011 to Sep 2, 201120
- Board memberMark P. Borman May 21, 2009 to Dec 20, 201930
- Board memberCharles A. Hart May 22, 2009 to Feb 13, 201531
- Board memberKarl Groth May 22, 2009 to Feb 18, 201032
- Board memberA. Jones Lee Nov 17, 2009 to Feb 18, 201033
- Board memberAlan P. Timmins Oct 28, 2008 to Oct 28, 200834
- Board memberBruce C. Carson Oct 2, 2007 to Sep 2, 201135
- Board memberDavid J. Gury Oct 2, 2007 to May 19, 200836
- Board memberLinda Tufts Oct 2, 2007 to May 19, 200837
- Board memberPeggy A. Farley Oct 2, 2007 to Apr 30, 201038
- Board memberSamuel S. Ahn Oct 2, 2007 to Nov 9, 201539
- Board memberWilliam M. Pinon Oct 2, 2007 to Oct 2, 200715
- Board memberWilliam P. Murphy Jr. Oct 2, 2007 to Jul 23, 202140
Former names
- BIOHEART, INC.Feb 13, 2007 to Nov 2, 20153
Timeline
Filings
19 filings to the SEC since October 2021: 3 annual reports, 4 quarterly reports, 2 major events, 3 insider forms, 7 other. The latest 19:
- May 15, 2023NT 10-Q EDGAR
- Apr 14, 202310-K EDGAR
- Mar 31, 2023NT 10-K EDGAR
- Nov 9, 202210-Q EDGAR
- Aug 22, 202210-Q EDGAR
- Aug 15, 2022NT 10-Q EDGAR
- Aug 1, 2022UPLOAD EDGAR
- Jul 27, 2022CORRESP EDGAR
- Jul 8, 202210-K/A EDGAR
- Jun 27, 2022UPLOAD EDGAR
- May 23, 202210-Q EDGAR
- May 16, 2022NT 10-Q EDGAR
- Apr 29, 20224 EDGAR
- Mar 31, 202210-K EDGAR
- Mar 25, 20224 EDGAR
- Mar 9, 20228-K/A EDGAR
- Mar 9, 20228-K EDGAR
- Mar 4, 20224 EDGAR
- Nov 9, 202110-Q EDGAR
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How U.S. Stem Cell, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARU.S. Stem Cell, Inc.1
- CIK0001388319
- Employer ID (EIN)65-09459671
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inFlorida1
- Fiscal year endsDecember 311
- Industry code (SIC)8731 Services-Commercial Physical & Biological Research1
- Business address1560 Sawgrass Corporate Pkwy, 4Th Floor, Sunrise, FL 333231
- Phone954-835-15001
- Shares outstanding641,507,317 as of Apr 14, 20234
- Public float$2.4M as of Jun 30, 20224
- On EDGAR sinceFeb 13, 20071
- Filings532 in all: 4 (170), 8-K (101), 10-Q (46), UPLOAD (25), 3 (24), CORRESP (24), 10-K (16), D (10)1
All 39 form types
S-1/A (10), SC 13G (9), SC 13G/A (9), 10-K/A (8), 4/A (7), NT 10-Q (7), POS AM (7), EFFECT (6), NT 10-K (6), 5 (5), PRER14C (5), DEF 14C (4), PRE 14C (4), S-1 (4), 424B3 (3), 10-Q/A (2), 8-K/A (2), DEF 14A (2), FWP (2), S-8 (2), S-8 POS (2), 1-A (1), 25-NSE (1), 253G2 (1), 424B4 (1), 8-A12B (1), AW (1), CERTNAS (1), PRE 14A (1), QUALIF (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Apr 14, 2023
Quarterly report (10-Q) Nov 9, 2022
Proxy statement (DEF 14A) Dec 19, 2014
Latest 8-K (8-K) Mar 9, 2022
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 13SEC EDGARKarl Groth, Chief executive officer
- 14
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- 16SEC EDGARHoward J. Leonhardt, Chair
- 17
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- 27SEC EDGARGregory Knutson, Board member
- 28SEC EDGARSheldon T. Anderson, Board member
- 29SEC EDGARKristin C. Comella, Board member
- 30SEC EDGARMark P. Borman, Board member
- 31SEC EDGARCharles A. Hart, Board member
- 32SEC EDGARKarl Groth, Board member
- 33SEC EDGARA. Jones Lee, Board member
- 34SEC EDGARAlan P. Timmins, Board member
- 35SEC EDGARBruce C. Carson, Board member
- 36SEC EDGARDavid J. Gury, Board member
- 37SEC EDGARLinda Tufts, Board member
- 38SEC EDGARPeggy A. Farley, Board member
- 39SEC EDGARSamuel S. Ahn, Board member
- 40SEC EDGARWilliam P. Murphy Jr., Board member
- 41SEC EDGAROther events
- 42SEC EDGAROther events
- 43