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Basanite(OTC) BASA

Market Cap$5.62MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2011)-100%
5 Year-94%
1 Year-66%
1 Month+31%
$0.02
-9.48%
-0.00Today
Basanite last closing stock price
MetricPriceDate
Last closeUSD 0.022026-08-28
Basanite stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+11.11%USD 0.022026-08-21
1 month+31.25%USD 0.022026-07-29
3 month+25.75%USD 0.022026-05-29
Year to date-30.23%USD 0.032025-12-31
1 year-65.84%USD 0.062025-08-28
3 year-51.97%USD 0.042023-08-29
5 year-93.71%USD 0.332021-08-27
Since inception-99.91%USD 24.152011-03-17

Basanite Financials at a Glance

Market Cap

$5.62MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$1.51K

Net Income (TTM)

-$1.72M

EPS (TTM)

-$0.01

P/E Ratio

-3.28

Dividend

$0.00

Beta (Volatility)

0.75 (Low)

Price

$0.02

Volume

71,992

Open

$0.02

Previous Close

$0.02

Daily Range

$0.02 - $0.02

52-Week Range

$0.01 - $0.07

Estimated Earnings Date

Mar 30, 2026

BASA News

No articles available.

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About Basanite

Basanite makes building materials that help concrete last longer. Its products replace steel in construction, reducing rust and maintenance. Builders use these materials to make structures lighter and more durable.

Concrete Solutions, Basalt Style: Products and Services

  • BasaFlex rebar: Basalt fiber rods for concrete, replacing steel rebar.
  • BasaMix fibers: Chopped basalt fibers added to concrete for extra strength.
  • BasaMesh geogrid: Mesh rolls for reinforcing concrete slabs and reducing cracks.

Growth and Expansion: The Basalt Roadmap

  • Changed name from PayMeOn to Basanite in December 2018.
  • Received ICC-ES and Florida DOT certifications in Q2 2023, opening public project markets.
  • Leased 5,000 sq. ft. storage in Connecticut in June 2025 for future distribution.
  • Supplied rebar for precast concrete testing with United Concrete in August 2025.

What Makes Basanite Stand Out

Basanite’s products are lighter and do not rust, unlike steel. The company focuses on sustainable materials made from volcanic rock. Its certifications allow access to public infrastructure projects in the U.S.

Five Things You Need to Know

  • Q2 2025 revenue was $37,972, down 56.3% from Q2 2024.
  • Q2 2025 net loss was $727,796, a 72% greater loss than in Q2 2024.
  • Cash was $109,171 as of June 30, 2025, with no inventory on hand.
  • Working capital deficiency was $9.8 million as of June 30, 2025.
  • Manufacturing is paused; company relies on outside vendors for fulfillment.

Bottom Line

The company faces financial challenges but remains focused on sustainable construction materials.

AI Generated • Apr 16, 2026

Industry

Chemicals

Sector

Materials

Employees

0

CEO

Ronald J. LoRicco, Sr.

Website

www.basaniteindustries.com

Headquarters

Pompano Beach, FL 33069, US

BASA Financials

Key Financial Metrics (TTM)

Gross Margin

-9513.88%

Operating Margin

-49431.66%

Net Income Margin

-113649.37%

Return on Equity

15.87%

Return on Capital

N/A

Return on Assets

-3381.14%

Earnings Yield

-30.49%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$5.62MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

267.56M

Volume

71.99K

Avg. Volume

79.22K

Financials (TTM)

Gross Profit

-$143.95K

Operating Income

-$747.90K

EBITDA

-$355.56K

Operating Cash Flow

-$311.05K

Capital Expenditure

-$557.00

Free Cash Flow

-$311.61K

Cash & ST Invst.

$7.51K

Total Debt

$5.78M

Basanite Performance Analysis

Basanite annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 1,356,165602.0%
20232023-12-31USD 376,096-72.3%
20242024-12-31USD 434,72515.6%
20252025-12-31USD 67,459-84.5%
Basanite sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-96.0%
Q42025-12-31-100.0%
Q12026-03-31N/A
Q22026-06-30N/A
Basanite annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -0.02-71.7%
20232023-12-31USD -0.01-57.6%
20242024-12-31USD -0.01-21.4%
20252025-12-31USD -0.0125.8%
Basanite sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3071.4%
Q42025-12-31-287.5%
Q12026-03-3151.6%
Q22026-06-3026.7%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$0.00

-100.0%

Gross Profit

-$7.57K

-152.5%

Gross Margin

0.00%

N/A

Market Cap

$5.62MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$2.81M

N/A

Employees

2

N/A

Net Income

-$296.80K

+59.2%

EBITDA

-$38.91K

+91.2%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$7.51K

-93.1%

Total Debt

$5.78M

+13.4%

Accounts Receivable

$43.35K

N/A

Inventory

$0.00

N/A

Long Term Debt

$0.00

N/A

Short Term Debt

$5.78M

+13.4%

Return on Assets

-33.81%

N/A

Return on Invested Capital

6.53%

N/A

Free Cash Flow

-$34.00K

+91.6%

Operating Cash Flow

-$34.00K

+91.6%

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Questions About BASA

What is the current price of Basanite?

Basanite is trading at $0.02 per share.

What is the 52-week range for Basanite?

Over the past 52 weeks, Basanite has traded between $0.01 and $0.07.

How much debt does Basanite have?

As of the most recent reporting period, Basanite reported total debt of $5.78M.

How much cash does Basanite have on hand?

Basanite reported $7.51K in cash and cash equivalents in its most recent financial results.

What is Basanite’s dividend yield?

Basanite does not currently have a dividend yield.

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