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Kraig Biocraft Laboratories Inc

kraiglabs.com

Kraig Biocraft Laboratories (OTC: KBLB) is a biotechnology company that develops recombinant spider silk fibers using genetically engineered silkworms. The company inserts spider silk protein gene sequences into silkworm embryos to produce high-strength, lightweight fibers intended for commercial textile and technical applications. Target end markets include performance apparel, workwear, filtration, luxury fashion, medical textiles, geotextiles, and ballistic-resistant materials. As of the fiscal year ended December 31, 2025, the company reported zero revenue, funding operations through equity sales under a Standby Equity Purchase Agreement (SEPA) and proceeds from the sale of a gold bullion investment ($443,437 in FY2025). The company holds patents issued across Vietnam, South Korea, Australia, Canada, France, and Germany, derived in part from a joint development program with the University of Notre Dame. Kraig Labs operates research and production infrastructure in Vietnam. The company is pre-commercial, carrying an accumulated deficit, and has relied on stock issuances and debt instruments to finance operations through at least December 31, 2025.

Products & Services

Recombinant spider silk fiber produced via transgenic silkworms. Applications include performance apparel, workwear, filtration, luxury fashion, medical textiles, geotextiles, and ballistic-resistant materials. No commercial products were generating revenue as of December 31, 2025.

Revenue Model

No product revenue as of FY2025 (December 31, 2025). The company has financed operations through equity issuances, including $2,602,900 in stock sale proceeds in FY2025, and a SEPA facility with a third-party investor. Additional cash in FY2025 came from the sale of a gold bullion investment ($443,437 net proceeds).

Customers & Markets

No commercial customers as of December 31, 2025. Target end markets include technical textiles, performance apparel, workwear, filtration, luxury fashion, medical textiles, geotextiles, and ballistic protection. The company is in pre-commercial development stage.

Geographic Exposure

Research and development facility opened in 2017 (location unspecified in excerpts). Production and operational presence in Vietnam. Patents issued in Vietnam, South Korea, Australia, Canada, France, and Germany as of the filing date (2026-03-30). Incorporated in Wyoming.

Financial Snapshot

Revenue
TTM
$0.00
Gross Margin
Last 4 Quarters
N/A
Net Income
TTM
-$3.966M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
28.2%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
-$7.062M
Cash
2026 Q1
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$1.904M

Stock Price

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Market Cap: $106.52 Million

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