5/5BASANITE, INC. (BASA): Late annual report (NT 10-K)

Market data

Price before filing: $0.0295 (2026-03-30 close, split/dividend-adjusted)
Market cap at flag: $8.0M (2026-03-31) · Latest: $4.5M (2026-10-16)

What happened next

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-12-31 to 2026-04-30. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"Basanite, Inc. (the "Company") is unable to file its Annual Report on Form 10-K for the period ended December 31, 2025 within the prescribed time period without hardship and expense to the Company. The Company presently has a limited number of full-time accounting and finance employees and requires additional time to compile and process the information necessary for the completion of the Form 10-K. The Company..."

Quoted from the filing. Source

What this means

The company told the SEC it could not file its annual report on time (Form NT 10-K) and then missed the 15-day extension too. Late annual reports often precede restatements, auditor problems or going-concern warnings.

Status: still missing

Why this score: report still not filed after extension; also within 90 days: Auditor change