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Financial Snapshot

Revenue
TTM
$7.183M
Gross Margin
TTM
-39.89%
Net Income
TTM
-$33.12M
Current Assets
2022 Q4
Current Liabilities
2022 Q4
Current Ratio
2022 Q4
33.14%
Total Assets
2022 Q4
Total Liabilities
2022 Q4
Book Value
2022 Q4
-$2.474M
Cash
2022 Q4
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$1.393M

Stock Price

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Market Cap: $53.257 Thousand

About SOLLENSYS CORP.

Sollensys Corp. is a distributive data company, which engages in the provision of security solutions to ensure clients data integrity. The company is headquartered in Palm Bay, Florida and currently employs 3 full-time employees. The company went IPO on 2011-11-16. The firm's security solutions help businesses to meet the challenges of cybercrime. The firm offers products that ensure its clients' data integrity through collection, storage, and transmission. The Company’s primary product is the Blockchain Archive Server is a blockchain solution that works with virtually any hardware and software combinations used in commerce. The Blockchain Archive Server encrypts, fragments, and distributes data across thousands of secure nodes every day. Using blockchain technology, the Blockchain Archive Server maintains a redundant, secure, and immutable backup of data. The Company’s second product offering-the Regional Service Center is a single unit system of approximately 32 Blockchain Archive Servers capable of servicing up to 2,580 individual small accounts and offers small businesses.

Industry: Services-Computer Processing & Data Preparation Peers: ANDREA ELECTRONICS CORP Cemtrex Inc Data I/O Corp Jabil Inc Key Tronic Corp Nortech Systems Inc RF Industries Ltd SIGMATRON INTERNATIONAL INC

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