NBND
NetBrands Corp.0.0013
-0.0002-11.6%
Dec 16, 4:00:00 PM EST
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
131.95KP/E (TTM)
-Basic EPS (TTM)
-0.03Dividend Yield
0%Recent Filings
8-K
10-Q
Q3 FY2025 results
NetBrands kicked off crypto mining in Q3 2025, posting $7,110 mining revenue—up from zero a year ago—yielding a 51% gross margin, yet operating losses hit $451K on payroll and startup costs, while net loss swelled to $1.2M from $165K debt extinguishment and $591K interest. Shares outstanding ballooned to 85M from 23M year-end, diluting EPS to $(0.02). Cash ticked up to $8K, but debt climbed to $2.8M with most in default; free cash flow not disclosed in the 10-Q. New $10M ELOC with Trillium followed. Mining costs expose vulnerability to crypto volatility.
8-K
Preferred stock designation filed
Netbrands Corp. filed a Certificate of Designation on September 8, 2025, authorizing 25,000 shares of Series B Preferred Stock with no voting, dividend, or liquidation rights beyond legal requirements. Each share converts at the holder's option into 1,000 shares of common stock, potentially enabling significant equity expansion. This move bolsters capital-raising flexibility amid emerging growth status.
10-Q
Q2 FY2025 results
NetBrands Corp. posted a slim $23,616 net loss for Q2 FY2025 ended June 30, 2025, down sharply from $553,345 a year earlier, thanks to slashed operating expenses that hit zero from $548,761 y/y—while interest expense ticked up to $23,616 from $4,584. YTD through June, the net loss narrowed to $126,662 versus $972,972 last year, driven by a $96,854 loss on note conversion and minimal $6,191 in expenses; diluted EPS of $(0.00) aligns with 51.7 million weighted shares, showing no anti-dilution quirks. Cash sits at zero, with $2.3 million in total liabilities including $394,405 in defaulted loans payable and $500,000 in 3.75% government EIDL debt over 30 years, plus $258,708 in convertible notes. Post-quarter, it inked a $110,000 note with Trillium due June 2026 at 12% interest, convertible at $0.0005, and launched cryptocurrency mining via 10 ASIC units hosted in Iowa, eyeing revenue by September 2025. All debt remains in default.
8-K
Funding via convertible note
Netbrands Corp. secured $100,000 in funding on July 25, 2025, via a $110,000 original issue discount note to Trillium Partners, due June 20, 2026, with 12% interest and a 40% prepayment penalty. The convertible note, at $0.0005 per share, pairs with a seven-year warrant for 55 million shares at the same price, reserving 125 million shares initially. This bolsters liquidity. Yet dilution looms large.
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