Branded Legacy, Inc. (BLEG)
Branded Legacy Inc engages in the commercial development of hemp and cannabinoid-infused beverages in Central Florida. It provides CBD topicals and tinctures, and hemp coffees and teas. The company was formerly known as Elev8 Brands, Inc. and changed its name to Branded Legacy Inc in May 2020. Branded Legacy Inc. was incorporated in 1981 and is headquartered in Melbourne, Florida.
Sector: Biotechnology
Industry: Biotechnology
Branded Legacy, Inc.
OTC:BLEGConsumer Defensive · Apparel - Footwear & Accessories
+75.00%$0.0077
Mkt Cap$9K
Float-
O/S1.16M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$492K
Net Income-$382K
Total Assets$394K
Free Cash Flow$69K
Debt & Equity
Debt 1255%
Preferred 2%
Total Debt$2.03M
Total Equity-$1.88M
Preferred Stock$3K
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
2-year cumulative
1:2,000Over cap
Past the 1:250 Nasdaq cap, ineligible for a bid-price compliance period
- 1:2,000Reverse splitJun 2, 20262,000 shares → 1
Balance Sheet Details
Assets$394K
Liabilities$2.27M
Accounts Receivable$0
Accounts Payable$0
Inventory$28K
PP&E (Net)$1K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Revenue | $492K | $48K | $83K | $216K | $64K | $101K | $319K | $372K | $145K | $191 |
| YoY Growth | 915.7% | -41.6% | -61.5% | 235.4% | -36.1% | -68.4% | -14.4% | 157.2% | 75689.5% | - |
| Cost of Revenue | $199K | $17K | $265 | $73K | $33K | $78K | $141K | $159K | $69K | $0 |
| Gross Profit | $293K | $31K | $83K | $143K | $31K | $23K | $178K | $213K | $75K | $191 |
| Gross Margin | 59.5% | 64.1% | 99.7% | 66.3% | 48.4% | 22.5% | 55.8% | 57.2% | 52.1% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $643K | $139K | -$3.74M | $307K | $345K | $321K | $619K | $581K | $201K | $394 |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $643K | $139K | -$3.74M | $307K | $345K | $321K | $619K | $581K | $201K | $394 |
| Operating Income (EBIT) | -$350K | -$108K | $3.83M | -$164K | -$314K | -$298K | -$441K | -$368K | -$125K | -$203 |
| Operating Margin | -71.3% | -224.0% | 4614.2% | -76.0% | -488.4% | -296.6% | -138.6% | -98.8% | -86.7% | -106.3% |
| Interest Expense | $32K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $42 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$32K | $0 | $0 | $0 | $0 | $0 | -$1.61M | $0 | $0 | -$42 |
| Income Before Tax (EBT) | -$382K | -$108K | $3.83M | -$164K | -$314K | -$298K | -$2.05M | -$368K | -$125K | -$245 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$382K | -$108K | $3.83M | -$164K | -$314K | -$298K | -$2.07M | -$368K | -$125K | -$245 |
| Net Income Margin | -77.8% | -224.0% | 4614.2% | -76.0% | -488.4% | -296.6% | -649.5% | -98.8% | -86.7% | -128.3% |
| Supplementary Data | ||||||||||
| EPS | -0.50 | -0.25 | 26.00 | -1.44 | -340.00 | -12.00 | -2180.00 | -500.00 | -132.00 | -0.23 |
| Diluted EPS | -0.50 | -0.25 | 26.00 | -1.44 | -340.00 | -12.00 | -2180.00 | -500.00 | -132.00 | -0.23 |
| Weighted Average OS | 760,970 | 428,963 | 147,501 | 113,924 | 948 | 25,069 | 948 | 720 | 965 | 1,078 |
| EBITDA | -$318K | -$108K | $3.83M | -$143K | -$314K | -$295K | -$438K | -$364K | -$125K | -$203 |
| EBITDA Margin | -64.7% | -224.0% | 4614.2% | -66.4% | -488.4% | -293.0% | -137.5% | -97.8% | -86.7% | -106.3% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $364K | $7K | $3K | $0 | $1K | $6K | $0 | $12K | $9K | $135K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $364K | $7K | $3K | $0 | $1K | $6K | $0 | $12K | $9K | $135K |
| Accounts Receivable | $0 | $217K | $13K | $23K | $21K | $44K | $45K | $12K | $2K | $300 |
| Inventory | $28K | $34K | $74K | $141K | $84K | $89K | $72K | $13K | $5K | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $393K | $258K | $90K | $164K | $106K | $139K | $117K | $37K | $16K | $135K |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $1K | $3.08M | $99K | -$3K | $14K | $12K | $40K | $17K | $0 | $1K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $31K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $50K |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $54K | $0 | $0 | $21K |
| Total Long-Term Assets | $1K | $3.08M | $99K | -$3K | $14K | $12K | $94K | $17K | $0 | $102K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $394K | $3.34M | $190K | $161K | $120K | $150K | $212K | $54K | $16K | $238K |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $0 | $362 | $541 | $121K | $57K | $43K | $27K | $7K | $15K | $0 |
| Short-Term Debt | $0 | $0 | $0 | $3K | $14K | $5K | $0 | $25K | $125K | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $235K | $7K | $7K | $0 | $0 | $0 | $0 | $10K | $3K | $0 |
| Total Current Liabilities | $235K | $7K | $7K | $124K | $71K | $48K | $27K | $42K | $143K | $0 |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $2.03M | $1.54M | $1.58M | $116K | $421K | $151K | $217K | $0 | $0 | $135K |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $1.5M | $1.5M | $1.5M | $1.5M | $0 | $0 | $0 |
| Total Long-Term Liabilities | $2.03M | $1.54M | $1.58M | $1.62M | $1.92M | $1.65M | $1.72M | $0 | $0 | $135K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.27M | $1.55M | $1.59M | $1.74M | $1.99M | $1.7M | $1.74M | $42K | $143K | $135K |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $3K | $3K | $3K | $3K | $871 | $883 | $333K | $1K | $868 | $0 |
| Common Stock | $963K | $608K | $248K | $29K | $12K | $6K | $181K | $4K | $6K | $400 |
| Retained Earnings | -$3.15M | -$147K | $743K | -$164K | -$2.85M | -$2.54M | -$2.55M | -$502K | -$134K | -$86K |
| Comprehensive Income & Other | $0 | $1.05M | -$2.79M | -$3.16M | -$314K | -$298K | $54K | $0 | $50K | $930 |
| Other Stockholders' Equity | $311K | $1.33M | -$2.39M | -$1.44M | $968K | $984K | $834K | $509K | $969 | $188K |
| Total Equity | -$1.88M | $1.79M | -$1.4M | -$1.58M | -$1.87M | -$1.55M | -$1.53M | $11K | -$127K | $103K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $394K | $3.34M | $190K | $161K | $120K | $150K | $212K | $54K | $16K | $238K |
| Supplementary Data | ||||||||||
| Total Debt | $2.03M | $1.54M | $1.58M | $118K | $435K | $156K | $217K | $25K | $125K | $135K |
| Net Debt | $1.67M | $1.53M | $1.58M | $118K | $433K | $150K | $217K | $13K | $116K | -$188 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Operating Activities | |||||||||
| Net Income | -$382K | -$108K | $3.83M | -$164K | -$314K | -$298K | -$2.05M | -$368K | -$125K |
| Depreciation & Amortization | $32K | $0 | $0 | $21K | $0 | $4K | $4K | $4K | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | $217K | $0 | -$10K | -$23K | $15K | $2K | -$33K | -$10K | -$2K |
| Inventory | $30K | $0 | -$34K | $141K | $6K | -$20K | -$58K | -$15K | -$5K |
| Accounts Payable | $0 | $0 | $541 | $56K | $13K | $20K | $20K | -$98K | $15K |
| Other Working Capital | $205K | -$313 | $7K | $3K | $9K | $51 | -$4K | -$3K | $3K |
| Total Working Capital Change | $452K | -$313 | -$36K | $176K | $44K | $2K | -$75K | -$126K | $11K |
| Other Non-Cash Items | -$32K | $0 | -$99K | $0 | $0 | $0 | -$22K | $0 | $1K |
| Net Cash from Operating | $69K | -$109K | $3.69M | $33K | -$270K | -$293K | -$2.14M | -$491K | -$113K |
| Investing Activities | |||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | -$6K | $0 | $0 |
| Acquisitions | $3.08M | $97K | $0 | $18K | $0 | $29K | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | -$9K | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $3.08M | $97K | $0 | $18K | -$9K | $29K | -$6K | $0 | $0 |
| Financing Activities | |||||||||
| Debt Repaid | -$404K | - | -$39K | $488K | -$270K | $66K | -$1.5M | - | - |
| Common Stock Issuance | $446K | $0 | $616K | $436K | $6K | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | -$12 | -$507K | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$3.87M | $10K | -$4.35M | $0 | $0 | $844K | $508K | $507K | $0 |
| Net Cash from Financing | -$3.02M | $10K | -$3.69M | -$52K | $275K | $271K | $2.14M | $507K | $121K |
| Forex Effect | $228K | $6K | $4K | $1 | $0 | -$2K | -$407 | -$13K | -$134K |
| Net Change in Cash | $357K | $4K | $3K | -$1K | -$4K | $6K | -$12K | $3K | -$126K |
| Supplementary Data | |||||||||
| Operating Cash Flow | $69K | -$109K | $3.69M | $33K | -$270K | -$293K | -$2.14M | -$491K | -$113K |
| Capital Expenditure | -$3 | $4 | $3 | -$33K | -$4 | $293K | -$6K | $491K | $49K |
| Free Cash Flow | $69K | -$109K | $3.69M | $0 | -$270K | $0 | -$2.15M | $0 | -$64K |
| Cash at Beginning | $7K | $3K | $0 | $1K | $6K | $0 | $12K | $9K | $135K |
| Cash at End | $364K | $7K | $3K | $0 | $1K | $6K | $0 | $12K | $9K |