📊 BASA Key Takeaways
Is Basanite, Inc.. (BASA) a Good Investment?
Basanite is in severe financial distress with negative stockholders' equity of -$10.0M, indicating the company is technically insolvent. The company generated only $67.5K in revenue while burning cash at -$765.4K free cash flow, with massive operating losses of -$944.3K and a net loss of -$1.4M. Without immediate capital restructuring or dramatic revenue growth, the company faces critical viability concerns.
Basanite's fundamentals indicate severe financial distress: revenue is negligible, gross profit is negative, and losses remain extremely large relative to sales. The balance sheet is critically impaired with negative equity, no cash, virtually no liquidity, and persistent negative operating and free cash flow, which makes the current growth profile low quality and highly dependent on external financing.
Why Buy Basanite, Inc.. Stock? BASA Key Strengths
- Minimal long-term debt of only $50.0K limits debt servicing obligations
- Some capital expenditure activity ($178.1K) suggests limited operational attempts
- Company is still reporting some revenue generation despite losses
- Revenue is still being generated, indicating the business has not become completely inactive
- Long-term debt is relatively small in absolute terms compared with total liabilities
- Net loss was roughly stable year over year rather than sharply worsening
BASA Stock Risks: Basanite, Inc.. Investment Risks
- Negative stockholders' equity of -$10.0M indicates technical insolvency and balance sheet is underwater
- Massive cash burn with negative free cash flow of -$765.4K and zero cash reserves
- Extreme operating losses with -1399.8% operating margin and -2036.1% net margin unsustainable
- Liabilities ($10.1M) exceed assets ($125.2K) by 80x, indicating high bankruptcy risk
- Zero insider activity and no liquidity metrics (0.00x current/quick ratios) signal liquidity crisis
- Negative operating cash flow of -$587.3K demonstrates inability to fund operations
- Negative gross margin shows the core business is not currently producing economic value
- Negative stockholders' equity, zero cash, and 0.00x current and quick ratios signal acute solvency and liquidity risk
- Free cash flow and operating cash flow are deeply negative relative to revenue, implying ongoing dependence on outside capital
Key Metrics to Watch
- Stockholders' equity trajectory and debt restructuring outcomes
- Quarterly revenue trends and path to profitability
- Cash burn rate and months of runway remaining
- Working capital position and ability to meet short-term obligations
- Revenue growth with sustained improvement in gross margin toward positive territory
- Cash balance, current liabilities coverage, and operating cash burn reduction
Basanite, Inc.. (BASA) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
BASA Profit Margin, ROE & Profitability Analysis
BASA vs Market Sector: How Basanite, Inc.. Compares
How Basanite, Inc.. compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Basanite, Inc.. Stock Overvalued? BASA Valuation Analysis 2026
Based on fundamental analysis, Basanite, Inc.. has mixed fundamental signals relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Basanite, Inc.. Balance Sheet: BASA Debt, Cash & Liquidity
BASA Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Basanite, Inc..'s revenue has grown significantly by 189% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.01 indicates the company is currently unprofitable.
BASA Revenue Growth, EPS Growth & YoY Performance
BASA Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $1.5K | -$206.5K | $0.00 |
| Q2 2025 | $38.0K | -$423.2K | $0.00 |
| Q1 2025 | $28.0K | -$288.0K | $0.00 |
| Q3 2019 | $994 | -$886.0K | N/A |
| Q2 2019 | $2.9K | -$696.6K | N/A |
| Q1 2019 | $78.3K | -$687.7K | N/A |
| Q3 2018 | $2.2K | -$635.0K | N/A |
| Q2 2018 | $5.9K | -$472.0K | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Basanite, Inc.. Dividends, Buybacks & Capital Allocation
BASA SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Basanite, Inc.. (CIK: 0001448705)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BASA
What is the AI rating for BASA?
Basanite, Inc.. (BASA) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 96% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are BASA's key strengths?
Claude: Minimal long-term debt of only $50.0K limits debt servicing obligations. Some capital expenditure activity ($178.1K) suggests limited operational attempts. ChatGPT: Revenue is still being generated, indicating the business has not become completely inactive. Long-term debt is relatively small in absolute terms compared with total liabilities.
What are the risks of investing in BASA?
Claude: Negative stockholders' equity of -$10.0M indicates technical insolvency and balance sheet is underwater. Massive cash burn with negative free cash flow of -$765.4K and zero cash reserves. ChatGPT: Negative gross margin shows the core business is not currently producing economic value. Negative stockholders' equity, zero cash, and 0.00x current and quick ratios signal acute solvency and liquidity risk.
What is BASA's revenue and growth?
Basanite, Inc.. reported revenue of $67.5K.
Does BASA pay dividends?
Basanite, Inc.. does not currently pay dividends.
Where can I find BASA SEC filings?
Official SEC filings for Basanite, Inc.. (CIK: 0001448705) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BASA's EPS?
Basanite, Inc.. has a diluted EPS of $0.00.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is BASA a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Basanite, Inc.. has a STRONG SELL rating with 96% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is BASA stock overvalued or undervalued?
Valuation metrics for BASA: ROE of N/A (sector avg: 15%), net margin of -2,036.1% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy BASA stock in 2026?
Our dual AI analysis gives Basanite, Inc.. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is BASA's free cash flow?
Basanite, Inc..'s operating cash flow is $-587.3K, with capital expenditures of $178.1K. FCF margin is -1,134.7%.
How does BASA compare to other Market stocks?
Vs Default sector averages: Net margin -2,036.1% (avg: 12%), ROE N/A (avg: 15%), current ratio 0.00 (avg: 1.8).