Basanite, INC. (BASA) — SEC Filings

Q: What are the key financial highlights for Basanite, INC.?

Key financial highlights for Basanite, INC. are extracted from the most recent 10-K or 10-Q filings, including revenue, net income, EPS, debt-to-equity, cash position, and operating margin.

Q: Who are the key executives at Basanite, INC.?

Key executives at Basanite, INC. are identified from SEC filings including 10-K annual reports, proxy statements, and insider trade forms.

Q: What are the main risk factors for Basanite, INC. stock?

Risk factors for Basanite, INC. (BASA) are assessed from SEC filings using AI analysis. Each filing is categorized as high, medium, or low risk based on disclosed risk factors and financial indicators.

Q: What are recent predictions and forward guidance from Basanite, INC.?

Forward-looking statements and predictions from Basanite, INC. are extracted from SEC filings including earnings reports, annual reports, and current event filings.

Latest SEC filings for Basanite, INC.. Recent 10-Q filing on Nov 25, 2025. AI-decoded analysis of earnings, risk factors, and insider trades.

View Basanite, INC. on SEC EDGAR

Overview

Basanite, INC. (BASA) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Nov 25, 2025: Basanite, Inc. (BASA) reported a significant decline in revenue and an increased net loss for the nine months ended September 30, 2025. Revenue plummeted to $67,459, a 67.7% decrease from $209,176 in the same period of 2024. The net loss widened to $1,373,529, up from $1,085,131 in the prior year, r

Sentiment Summary

Across 18 filings, the sentiment breakdown is: 2 bearish, 16 neutral. The dominant filing sentiment for Basanite, INC. is neutral.

Filing Type Overview

Basanite, INC. (BASA) has filed 6 10-Q, 9 8-K, 2 10-K, 1 10-K/A with the SEC between Jan 2024 to Nov 2025.

Filings by Year

2025 · 2024

Recent Filings (18)

Basanite's Revenue Plummets 68%, Net Loss Widens Amid Going Concern Doubts — 10-Q · Nov 25, 2025 Risk: high
Basanite, Inc. (BASA) reported a significant decline in revenue and an increased net loss for the nine months ended September 30, 2025. Revenue plummeted to $67
Basanite, Inc. Reports Director and Officer Changes — 8-K · Oct 16, 2025 Risk: medium
Basanite, Inc. filed an 8-K on October 16, 2025, reporting changes related to its board of directors and officers, as well as compensatory arrangements. The fil
Basanite, Inc. Files Q2 2025 10-Q — 10-Q · Aug 19, 2025 Risk: medium
Basanite, Inc. filed its 10-Q for the period ending June 30, 2025, reporting on its financial performance. The company, formerly known as PayMeOn, Inc., is inco
Basanite, Inc. Reports Board and Officer Changes — 8-K · Aug 15, 2025 Risk: medium
Basanite, Inc. filed an 8-K on August 15, 2025, reporting changes related to its board of directors and officers, including the departure of certain individuals
Basanite, Inc. Files 10-Q for Q1 2025 — 10-Q · May 15, 2025 Risk: low
Basanite, Inc. filed its 10-Q for the period ending March 31, 2025. The company, formerly known as PayMeOn, Inc., is incorporated in Nevada and operates in the
Basanite, Inc. Reports Director/Officer Changes & Compensation — 8-K · Apr 23, 2025 Risk: medium
Basanite, Inc. filed an 8-K on April 23, 2025, reporting events as of April 18, 2025. The filing pertains to the departure of directors or certain officers, the
Basanite, Inc. Files 2024 Annual Report — 10-K · Mar 31, 2025 Risk: low
Basanite, Inc. filed its 10-K for the fiscal year ending December 31, 2024. The company, formerly known as PayMeOn, Inc., is incorporated in Nevada and operates
Basanite, Inc. Files 8-K: Material Agreement, Equity Sales, Officer Changes — 8-K · Mar 21, 2025 Risk: medium
On March 18, 2025, Basanite, Inc. entered into a material definitive agreement, likely related to financing or a significant business transaction. The company a
Basanite, Inc. Reports Officer and Director Changes — 8-K · Mar 19, 2025 Risk: medium
Basanite, Inc. filed an 8-K on March 19, 2025, reporting changes effective March 17, 2025. The filing details the departure of directors or certain officers, th
Basanite, Inc. Files Q3 2024 10-Q — 10-Q · Nov 18, 2024 Risk: low
Basanite, Inc. filed its 10-Q for the period ending September 30, 2024. The company, formerly known as PayMeOn, Inc., is incorporated in Nevada and operates in
Basanite, Inc. Files 8-K: Agreements, Equity Sales, Officer Changes — 8-K · Oct 7, 2024 Risk: medium
On October 2, 2024, Basanite, Inc. entered into a Material Definitive Agreement, the specifics of which are detailed in the filing. The company also reported on
Basanite, Inc. Files Q2 2024 10-Q — 10-Q · Aug 14, 2024 Risk: medium
Basanite, Inc. filed its 10-Q for the period ending June 30, 2024. The company, formerly known as PayMeOn, Inc., is incorporated in Nevada and operates in misce
Basanite, Inc. Faces Delisting Concerns — 8-K · Aug 2, 2024 Risk: high
Basanite, Inc. filed an 8-K on August 2, 2024, reporting a notice of delisting or failure to satisfy a continued listing rule or standard. The filing indicates
Basanite, Inc. Q1 2024 10-Q Filing — 10-Q · May 24, 2024 Risk: low
Basanite, Inc. filed its quarterly report for the period ending March 31, 2024. The company, formerly known as PayMeOn, Inc., is incorporated in Nevada and oper
BASANITE, INC. Files Amended 10-K for Fiscal Year Ended December 31, 2023 — 10-K/A · May 10, 2024 Risk:
BASANITE, INC. (BASA) filed a Amended Annual Report (10-K/A) with the SEC on May 10, 2024. BASANITE, INC. filed an amended 10-K for the fiscal year ending Decem
BASANITE, INC. Files 2023 Annual Report on Form 10-K — 10-K · Apr 15, 2024 Risk:
BASANITE, INC. (BASA) filed a Annual Report (10-K) with the SEC on April 15, 2024. BASANITE, INC. filed its 2023 Form 10-K on April 15, 2024. The company was fo
Basanite, Inc. Elects New Directors — 8-K · Apr 12, 2024 Risk: low
Basanite, Inc. announced on April 11, 2024, a change in its board of directors. Specifically, the company elected two new directors, Mr. Robert L. Johnson and M
BASANITE 8-K: Leadership & Compensation Changes Reported — 8-K · Jan 5, 2024
BASANITE, INC. filed an 8-K on January 5, 2024, reporting an event that occurred on December 31, 2023. This filing indicates changes related to the departure or

Risk Profile

Risk Assessment: Of BASA's 15 recent filings, 2 were flagged as high-risk, 8 as medium-risk, and 5 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.

Financial Highlights

Key financial metrics from Basanite, INC.'s most recent 10-Q filing (Nov 25, 2025):

Revenue: $67,459
Net Income: $(1,373,529)
EPS: $0.00
Debt-to-Equity: N/A
Cash Position: $0
Operating Margin: N/A
Total Assets: $125,239
Total Debt: $10,080,382

Key Executives

Robert L. Johnson
David M. Miller

Industry Context

Basanite, Inc. operates in the advanced materials sector, potentially focusing on composite materials or specialized manufacturing. The industry often requires significant capital investment in R&D and manufacturing infrastructure. Companies in this space face competition from established players and emerging technologies, with success often depending on innovation, cost-efficiency, and securing reliable supply chains and production capabilities.

Top Tags

10-Q (5) · financials (5) · management-change (3) · manufacturing (3) · quarterly-report (3) · corporate-governance (3) · governance (2) · board-of-directors (2) · officer-appointment (2) · director-election (2)

Key Numbers

Revenue: $67,459 — for nine months ended Sept 30, 2025, down 67.7% from $209,176 in 2024
Net Loss: $(1,373,529) — for nine months ended Sept 30, 2025, up 26.6% from $(1,085,131) in 2024
Gross Profit: $(80,726) — for nine months ended Sept 30, 2025, a significant decline from $143,597 in 2024
Cash and Cash Equivalents: $0 — as of September 30, 2025, down from $82,222 at December 31, 2024
Accumulated Deficit: $59.2 million — as of September 30, 2025
Working Capital Deficiency: $9.9 million — as of September 30, 2025
Cash Used in Operating Activities: $587,310 — for nine months ended Sept 30, 2025
Common Stock Shares Outstanding: 267,560,840 — as of November 25, 2025
Notes Payable - Related Party: $2,683,000 — as of September 30, 2025, up from $2,178,000 at December 31, 2024
Interest Rate: 20% — on promissory notes issued to board members in 2025
Period End Date: 20250630 — Indicates the end of the financial reporting quarter.
Filing Date: 20250819 — Shows when the report was officially submitted to the SEC.
Reporting Period End: 2025-03-31 — End of the first quarter of 2025
Fiscal Year End: 2024 — The period covered by the 10-K filing.
Reporting Period: 2024 Q2 — Covers the second quarter of 2024.

Related Companies

BASN

Frequently Asked Questions

What are the latest SEC filings for Basanite, INC. (BASA)?

Basanite, INC. has 18 recent SEC filings from Jan 2024 to Nov 2025, including 9 8-K, 6 10-Q, 2 10-K. Each filing includes an AI-generated plain-English summary.

What is the overall sentiment of BASA filings?

Across 18 filings, the sentiment breakdown is: 2 bearish, 16 neutral. The dominant sentiment is neutral.

Where can I find Basanite, INC. SEC filings explained simply?

ReadTheFiling provides AI-powered plain-English summaries of all Basanite, INC. (BASA) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.

What are the key financial highlights for Basanite, INC.?

Key financial highlights from Basanite, INC.'s most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.

What is the investment thesis for BASA?

The investment thesis for BASA includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.

Who are the key executives at Basanite, INC.?

Key executives identified across Basanite, INC.'s filings include Robert L. Johnson, David M. Miller.

What are the main risk factors for Basanite, INC. stock?

Of BASA's 15 assessed filings, 2 were flagged high-risk, 8 medium-risk, and 5 low-risk.

What are recent predictions and forward guidance from Basanite, INC.?

Forward guidance and predictions for Basanite, INC. are extracted from SEC filings as they are enriched.