Can B Corp financial data

Symbol
CANB on OTC
Industry
Wholesale-Drugs, Proprietaries & Druggists' Sundries
Location
960 South Broadway, Suite 120, Hicksville, NY
State of incorporation
FL
Fiscal year end
December 31
Former names
Canbiola, Inc. (to 3/3/2020), Wrapmail, Inc. (to 5/15/2017)
Latest financial report
10-Q - Q3 2024 - Nov 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 33.6 % -48.6%
Quick Ratio 6.5 % -48.7%
Debt-to-equity -190 % -121%
Return On Equity 224 %
Return On Assets -239 % -224%
Operating Margin -1.04K % -169%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 75.8M shares
Common Stock, Shares, Outstanding 70.1M shares +167%
Entity Public Float 1.02M USD -94.5%
Common Stock, Value, Issued 84.8M USD +2.59%
Weighted Average Number of Shares Outstanding, Basic 65.4M shares +465%
Weighted Average Number of Shares Outstanding, Diluted 65.4M shares +465%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.03M USD -57.7%
Operating Income (Loss) -10.7M USD -13.6%
Nonoperating Income (Expense) -2.55M USD -82.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -13.3M USD -22.5%
Income Tax Expense (Benefit) 9.6K USD
Net Income (Loss) Attributable to Parent -13.3M USD -22.4%
Earnings Per Share, Basic 0.07 USD/shares +86.1%
Earnings Per Share, Diluted 0.07 USD/shares +86.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 7.88K USD -74.8%
Accounts Receivable, after Allowance for Credit Loss, Current 1.42M USD -78.5%
Inventory, Net 156K USD -83.8%
Assets, Current 1.59M USD -79.1%
Property, Plant and Equipment, Net 620K USD -87.1%
Operating Lease, Right-of-Use Asset 65.8K USD -93.5%
Intangible Assets, Net (Excluding Goodwill) 95.1K USD
Other Assets, Noncurrent 16.6K USD +26%
Assets 1.86M USD -85.8%
Accounts Payable, Current 2.63M USD
Accrued Liabilities, Current 405K USD +157%
Liabilities, Current 11.6M USD -9.43%
Operating Lease, Liability, Noncurrent 305K USD -67.6%
Liabilities 11.6M USD -9.43%
Retained Earnings (Accumulated Deficit) -114M USD -13.2%
Stockholders' Equity Attributable to Parent -9.79M USD -4557%
Liabilities and Equity 1.86M USD -85.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 217K USD
Net Cash Provided by (Used in) Financing Activities -224K USD -120%
Net Cash Provided by (Used in) Investing Activities -85K USD
Common Stock, Shares Authorized 1.5B shares 0%
Common Stock, Shares, Issued 70.1M shares +167%
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -7.42K USD -106%
Interest Paid, Excluding Capitalized Interest, Operating Activities 47.2K USD
Deferred Tax Assets, Valuation Allowance 6.69M USD +16.2%
Operating Lease, Liability 254K USD -76.7%
Depreciation 314K USD -9.36%
Payments to Acquire Property, Plant, and Equipment 15K USD
Lessee, Operating Lease, Liability, to be Paid 66.8K USD -92.1%
Property, Plant and Equipment, Gross 1.27M USD -83.4%
Operating Lease, Liability, Current 65.8K USD -89.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 470K USD +23.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 295K USD -60.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 40.4K USD -66.4%
Deferred Tax Assets, Operating Loss Carryforwards 312K USD -9.77%
Preferred Stock, Shares Authorized 5M shares 0%
Additional Paid in Capital 11.6M USD +11.2%
Amortization of Intangible Assets 0 USD -100%
Share-based Payment Arrangement, Expense 0 USD -100%
Interest Expense 2.68M USD +194%