ESSI Research | Milton Maxwell

ESSI

Eco Science Solutions, Inc.

0.0110

+0.0000+0%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

582.53K

P/E (TTM)

Basic EPS (TTM)

-0.01

Dividend Yield

Recent Filings

8-K

Debt-to-equity conversion

2/9/26Feb 9, 2026

Eco Science Solutions converted $255,000 of debt owed to one individual and one entity into 9,107,143 restricted common shares on February 6, 2026. Issued under Item 2.02, this boosts outstanding shares to 623,814,985. Debt shrinks. Shares dilute holders.

8-K

Debt-to-equity conversion

2/4/26Feb 4, 2026

Eco Science Solutions converted $15,729,007.56 of debt into 561,750,270 restricted common shares effective January 31, 2026, slashing liabilities while boosting issued shares to 614,707,842. Board approved the move as best for shareholders. Debt vanishes instantly.

10-Q

Q1 FY2026 results

12/9/25Dec 9, 2025

Eco Science Solutions posted no revenue for Q1 FY2026 ended October 31, 2025, trimming its operating loss to $225,678 from $255,992 y/y while net loss eased to $245,859 from $275,311, thanks to lower legal and audit fees. YTD net loss narrowed to $782,123 from $819,019 y/y, driven by steady management fees of $376,500. Cash dwindled to $1,914 amid $261K operating burn, offset by related-party loans; total debt exceeds $17.4M with most notes in default. Ga-Du subsidiary dissolved April 3, 2025, leaving $975K liabilities assumed. EPS reconciles at $(0.01) YTD on 52.96M diluted shares. Related-party funding keeps it afloat. Litigation history burdens balance sheet.

10-Q

Q1 FY2026 results

9/15/25Sep 15, 2025

Eco Science Solutions posted no revenue for Q1 FY2026 ended July 31, 2025, with operating expenses up 5.6% y/y to $242,898 and net loss widening slightly to $262,843 from $249,095, driven by higher legal fees while R&D dipped. Six-month net loss narrowed 1.4% y/y to $536,264 amid steady management fees of $251,000. Cash ticked up to $3,098, propped by $162,763 in related-party advances matching $162,482 operating burn; total debt swelled to $17.2M including $4.1M short-term related-party notes, all in default. Ga-Du subsidiary dissolved April 3, 2025, leaving $975,000 liabilities retained. Diluted EPS holds at $(0.00) with 52.96M shares; 72M potential from convertibles excluded as anti-dilutive. Heavy reliance on related-party funding persists. Litigation settlements burden balance sheet.

10-Q

Q1 FY2026 results

6/16/25Jun 16, 2025

Eco Science Solutions posted zero revenue for Q1 FY2026 ended April 30, 2025, trimming its net operating loss to $254k from $276k a year earlier while net loss eased to $273k from $295k. Operating expenses dipped on lower legal and audit fees, yet research and development ticked up to $99k. Cash dwindled to $1.7k, propped by $69k in related-party advances against $71k operating burn; total debt and payables swelled to $17M, all current with hefty related-party slice. Ga-Du subsidiary dissolved April 3, saddling $975k liabilities. Related-party funding keeps it afloat. Ongoing litigation settlements pose execution risks.

About

Eco Science Solutions, Inc. develops and operates technology solutions servicing businesses. The company operates Herbo, a cloud-based enterprise resource planning (ERP) platform; and Herbo Pay, a financial services platform. It offers its services to cannabis, gaming, firearms, and ammunition, as well as oil and gas industries. The company was formerly known as Eaton Scientific Systems Inc. and changed its name to Eco Science Solutions, Inc. in February 2014. Eco Science Solutions, Inc. was incorporated in 2009 and is headquartered in San Clemente, California.

CEO

Mr. Michael D. Rountree

IPO

8/23/2012

Website

https://www.useherbo.com

Employees

Sector

Healthcare

Industry

Health Information Services