Financial Snapshot

Revenue
$36.95K
TTM
Gross Margin
Net Earnings
-$1.240M
TTM
Current Assets
Q3 2024
Current Liabilities
Current Ratio
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$2.224M
Q3 2024
Cash
Q3 2024
P/E
-3.129
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021
Revenue $1.146K $4.417K $6.424K $12.57K
YoY Change -74.05% -31.24% -48.9%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021
Revenue $1.146K $4.417K $6.424K $12.57K
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021
Selling, General & Admin $1.147M $617.2K $878.7K $762.6K
YoY Change 85.89% -29.76% 15.22%
% of Gross Profit
Research & Development $10.15K $161.9K $165.1K $120.0K
YoY Change -93.73% -1.95% 37.57%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $10.15K $161.9K $165.1K $120.0K
YoY Change -93.73% -1.95% 37.57%
Operating Profit -$1.157M -$779.1K -$1.044M -$882.7K
YoY Change 48.56% -25.36% 18.26%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021
Interest Expense $4.009K $8.273K $10.18K $24.67K
YoY Change -51.54% -18.75% -58.73%
% of Operating Profit
Other Income/Expense, Net -$1.570K
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021
Pretax Income -$1.680M -$783.0K -$1.048M -$896.3K
YoY Change 114.53% -25.26% 16.88%
Income Tax
% Of Pretax Income
Net Earnings -$1.678M -$766.1K -$930.0K -$790.7K
YoY Change 119.03% -17.62% 17.62%
Net Earnings / Revenue -146414.22% -17343.4% -14476.35% -6289.17%
Basic Earnings Per Share -$0.03 -$0.01 -$0.02 -$0.05
Diluted Earnings Per Share -$0.03 -$0.01 -$0.02 -$0.05

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021
Cash & Short-Term Investments $0.00 $26.79K $46.42K $144.1K
YoY Change -100.0% -42.29% -67.79%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $14.81K $12.86K $393.2K $562.5K
YoY Change 15.16% -96.73% -30.09%
Inventory
Prepaid Expenses
Receivables $580.00
Other Receivables $27.30K
Total Short-Term Assets $14.81K $39.65K $439.7K $734.5K
YoY Change -62.65% -90.98% -40.14%
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $0.00 $0.00 $0.00
YoY Change
Total Assets $14.81K $39.65K $439.7K $734.5K
YoY Change
Accounts Payable $336.4K $540.7K $459.3K $306.0K
YoY Change -37.79% 17.71% 50.13%
Accrued Expenses $99.32K $52.00K $65.71K $72.47K
YoY Change 91.0% -20.86% -9.33%
Deferred Revenue
YoY Change
Short-Term Debt $229.9K $196.2K $163.1K $191.2K
YoY Change 17.15% 20.28% -14.7%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $848.4K $1.101M $884.9K $618.7K
YoY Change -22.96% 24.45% 43.03%
Long-Term Debt $0.00 $0.00 $17.94K $229.5K
YoY Change -100.0% -92.18%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $17.94K $229.5K
YoY Change -100.0% -92.18%
Total Liabilities $848.4K $1.143M $21.40K $24.91K
YoY Change -25.79% 5242.52% -14.09%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021
Basic Shares Outstanding 56.35M shares 87.65M shares 61.38M shares 15.79M shares
Diluted Shares Outstanding 56.35M shares 87.65M shares 61.38M shares 15.79M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.88 Million

About FORMATION MINERALS, INC.

SensaSure Technologies, Inc.is a medical company, which engages in the design, research, and development of medical devices. The company is headquartered in Las Vegas, Nevada and currently employs 3 full-time employees. The company went IPO on 2022-12-01. The firm is an oil and gas investment asset management firm engaged in the acquisition and development of onshore oil and gas properties within the oil and gas play in the United States. The firm focuses on the acquisition of and exploitation of upstream energy assets, specifically targeting oil and gas mineral interests, oil and gas royalty interests, and select non-operated working interests. The firm holds over 50,000 gross acres of royalty interests with over 300 wells producing across the major basins of the United States (US). The firm has mineral and royalty interests in several properties across seven US states, which include Colorado, Louisiana, Ohio, Oklahoma, Texas, West Virginia, and Wyoming. A total of approximately 412 reserves cases have been identified and evaluated. These include producing, non-producing and undeveloped wells or leases.

Industry: Crude Petroleum & Natural Gas Peers: