Item 1. Business Recent Acquisition, Change in Control and Change in Business Plan Change in Control. Effective as of March 5, 2025, the following has resigned as President /CEO of the Registrant, but shall remain as a member of the Board of Directors. Name Position James Morrison Director The Officer resigning has stated in his resignation letter that his resignation as President/CEO does not in any way imply or infer that there is any dispute or disagreement relating to the Company’s operations, policies or practices. Mr. Morrison will remain as member of the Board of Directors. Effective as of March 5, 2025, the following individual(s) appointed by the Board of Directors to the positions indicated of the Registrant: Name Age Position James W. Zimbler 59 President/CEO and Director Mr. Zimbler has served as the Registrant’s Director and Vice President of Corporate Finance since March 2024. Since July 1, 2020; he served as a Director of Emergent Health Corp.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 2.2M | 1.9M | - | - | - | - |
| Net Income | 1.1M | -2.1M | -1.4M | 654K | -4.9M | -1.9M |
| EPS | $0.02 | $-0.02 | $-0.02 | $0.01 | $-0.16 | $-0.08 |
| Free Cash Flow | 0 | -1.0M | 10K | -1.5M | -2.8M | -1.4M |
| ROIC | -105.9% | -91.5% | -25.9% | -156.3% | -664.5% | -847.8% |
| Gross Margin | 65.5% | 65.2% | - | - | - | - |
| Debt/Equity | 0.00 | -1.09 | -1.73 | -1.72 | -0.91 | -0.51 |
| Dividends/Share | $0.00 | $0.00 | - | $0.00 | - | $0.00 |
| Operating Income | -1.6M | -1.7M | -399K | -1.4M | -2.5M | -1.8M |
| Operating Margin | -72.2% | -89.5% | - | - | - | - |
| ROE | 0.0% | 0.0% | - | 0.0% | - | 0.0% |
| Shares Outstanding | 195M | 107M | 195M | 65M | 75M | 24M |
Resonate Blends, Inc. passes 1 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 65.2%.
Resonate Blends, Inc. (KOAN) has a 5-year average return on invested capital (ROIC) of -91.3%. This is below average and may indicate limited pricing power.
Resonate Blends, Inc. (KOAN) has a market capitalization of $371K. It is classified as a small-cap stock.
Resonate Blends, Inc. (KOAN) does not currently pay a regular dividend.
Resonate Blends, Inc. (KOAN) operates in the Services-Prepackaged Software industry, within the Technology sector.
Resonate Blends, Inc. (KOAN) reported annual revenue of $2 million in its most recent fiscal year, based on SEC EDGAR filings.
Resonate Blends, Inc. (KOAN) has a net profit margin of -112.5%. The company is currently unprofitable.
Resonate Blends, Inc. (KOAN) generated $-1 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Resonate Blends, Inc. (KOAN) reported earnings per share (EPS) of $-0.02 in its most recent fiscal year.
Resonate Blends, Inc. (KOAN) has a 5-year average gross margin of 65.2%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 12 years of financial data for Resonate Blends, Inc. (KOAN), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Resonate Blends, Inc. (KOAN) has a book value per share of $-0.03, based on its most recent annual SEC filing.
No recent press releases.