HEALTHY EXTRACTS INC. (HYEX)
Healthy Extracts Inc., through its various divisions, specializes in the global and domestic research, development, and sale of natural botanical products. Its portfolio encompasses dietary supplements crafted for cardiovascular wellness, alongside KETONOMICS-branded neuro-enhancers aimed at boosting cognitive functions like memory, mental acuity, concentration, and neural energy. The company further supplies encapsulated bergamot products, available under distinct labels such as BergaMet Pro+, BergaMet Mega+O, BergaMet HERHEART, BergaMet Cholesterol Command, and BergaMet SPORTSHEART. These bergamot offerings are distributed via its online platform and various other channels. Established in 2014 and based in Littleton, Colorado, the company was previously known as Grey Cloak Tech Inc. until its name change in October 2020.
Sector: Medicinal Chemicals & Botanical Products
Industry: Drug Manufacturers - Specialty & Generic
Healthy Extracts Inc.
OTC:HYEXHealthcare · Drug Manufacturers - Specialty & Generic
+29.00%$1.29
Mkt Cap$19.02M
Float1.14M
O/S14.74M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$4.51M
Net Income-$881K
Total Assets$27.82M
Free Cash Flow$146K
Debt & Equity
Debt 10%
Equity 90%
Total Debt$2.64M
Total Equity$24.03M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:120Reverse splitDec 29, 2023120 shares → 1
Balance Sheet Details
Assets$27.82M
Liabilities$3.8M
Accounts Receivable$188K
Accounts Payable$108K
Inventory$843K
PP&E (Net)$4.75M
Goodwill$21.12M
Intangible Assets$527K
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | 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 | 2015-12-31 |
| Revenue | $4.51M | $3.11M | $2.49M | $2.25M | $1.47M | $1.28M | $748K | $67K | $128K | $163K | $116K |
| YoY Growth | 44.9% | 25.2% | 10.4% | 53.6% | 14.8% | 70.6% | 1014.8% | -47.6% | -21.3% | 40.8% | - |
| Cost of Revenue | $2.09M | $1.2M | $864K | $880K | $771K | $1.85M | $524K | $29K | $44K | $27K | $47K |
| Gross Profit | $2.42M | $1.91M | $1.62M | $1.37M | $695K | -$578K | $224K | $39K | $84K | $136K | $69K |
| Gross Margin | 53.7% | 61.4% | 65.2% | 60.9% | 47.4% | -45.3% | 29.9% | 57.4% | 65.9% | 83.5% | 59.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $3.37M | $2.09M | $3.87M | $2.28M | $2.58M | $1.47M | $1.16M | $546K | $952K | $962K | $800K |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $3.37M | $2.09M | $3.87M | $2.28M | $2.58M | $1.47M | $1.16M | $546K | $952K | $962K | $800K |
| Operating Income (EBIT) | -$944K | -$183K | -$2.24M | -$912K | -$1.89M | -$2.05M | -$940K | -$507K | -$867K | $826K | $731K |
| Operating Margin | -20.9% | -5.9% | -90.3% | -40.5% | -128.9% | -160.8% | -125.6% | -756.0% | -677.2% | 507.4% | 632.6% |
| Interest Expense | $210K | $186K | $177K | $65K | $52K | $73K | $87K | $1.27M | $2.64M | $1.07M | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $61 |
| Other Income (Expense) | $63K | -$658K | -$229K | -$72K | -$98K | -$523K | $1.66M | -$2.82M | -$2.56M | -$2.55M | $61 |
| Income Before Tax (EBT) | -$881K | -$841K | -$2.47M | -$983K | -$1.99M | -$2.58M | $720K | -$3.32M | -$3.56M | -$3.37M | $731K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $87K | $6K | $2.64M | $1.07M | $1.46M |
| Net Income | -$881K | -$841K | -$2.47M | -$983K | -$1.99M | -$2.58M | $633K | -$3.33M | -$3.56M | -$3.37M | -$731K |
| Net Income Margin | -19.5% | -27.0% | -99.5% | -43.7% | -135.6% | -201.8% | 84.6% | -4959.7% | -2780.6% | -2071.2% | -632.5% |
| Supplementary Data | |||||||||||
| EPS | -0.09 | -0.28 | -0.85 | -0.34 | -0.75 | -1.34 | 0.69 | -145.40 | -158.17 | -537.27 | -129.28 |
| Diluted EPS | -0.09 | -0.28 | -0.85 | -0.34 | -0.75 | -1.34 | 0.69 | -145.40 | -158.17 | -537.27 | -129.28 |
| Weighted Average OS | 9.31M | 2.98M | 2.92M | 2.85M | 2.66M | 1.98M | 921,766 | 22,899 | 22,521 | 6,274 | 5,654 |
| EBITDA | -$792K | -$183K | -$2.24M | -$911K | -$1.88M | -$2.49M | $729K | -$2.05M | -$1M | -$2.3M | -$729K |
| EBITDA Margin | -17.5% | -5.9% | -90.2% | -40.4% | -128.5% | -195.4% | 97.4% | -3049.2% | -783.9% | -1410.8% | -631.1% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | 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 | 2015-12-31 | 2014-12-31 |
| Assets | ||||||||||||
| Current Assets | ||||||||||||
| Cash and Cash Equivalents | $147K | $112K | $19K | $66K | $222K | $59K | $133K | $485 | $82K | $24K | $2K | $733 |
| Short-Term Investments | $0 | $17K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $147K | $112K | $19K | $66K | $222K | $59K | $133K | $485 | $82K | $24K | $2K | $733 |
| Accounts Receivable | $188K | $11K | $30K | $106K | $133K | $13K | $26K | $5K | $18K | $112K | $44K | $0 |
| Inventory | $843K | $1.36M | $1.63M | $1.82M | $1.96M | $2.42M | $3.08M | $500 | $48K | $0 | $0 | $0 |
| Other Current Assets | $149K | $175K | $224K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $1.33M | $1.66M | $1.9M | $2.04M | $2.31M | $2.49M | $3.24M | $6K | $227K | $144K | $150K | $733 |
| Long-Term Assets | ||||||||||||
| Property, Plant & Equipment Net | $4.75M | $3K | $3K | $6K | $1K | $6K | $15K | $726 | $2K | $1K | $3K | $0 |
| Goodwill | $21.12M | $193K | $193K | $193K | $193K | $193K | $193K | $0 | $842K | $0 | $0 | $0 |
| Intangible Assets | $527K | $522K | $522K | $522K | $522K | $426K | $0 | $0 | $52K | $1K | $2K | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $79K | $79K | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$130K | $0 | $0 | $0 |
| Other Long-Term Assets | $100K | $0 | $17K | $17K | -$1 | $0 | -$208K | $0 | $50K | $0 | $0 | $0 |
| Total Long-Term Assets | $26.5M | $719K | $735K | $738K | $716K | $625K | $208K | $80K | $896K | $2K | $5K | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $27.82M | $2.38M | $2.64M | $2.78M | $3.03M | $3.12M | $3.45M | $86K | $1.12M | $146K | $155K | $733 |
| Liabilities | ||||||||||||
| Current Liabilities | ||||||||||||
| Accounts Payable | $108K | $52K | $117K | $91K | $37K | $65K | $21K | $57K | $71K | $24K | $13K | $0 |
| Short-Term Debt | $713K | $933K | $1.05M | $594K | $343K | $178K | $2.64M | $779K | $383K | $420K | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $9K | $0 | $86K | $12K | $594K | $86K | $25K | $43K | $0 | $0 |
| Other Current Liabilities | -$1 | $749K | $145K | $102K | $6K | -$5K | $1.06M | $2.71M | $1.82M | $2.04M | $0 | $0 |
| Total Current Liabilities | $1.69M | $1.74M | $1.67M | $903K | $559K | $262K | $4.32M | $3.65M | $2.3M | $2.51M | $25K | $0 |
| Long-Term Liabilities | ||||||||||||
| Long-Term Debt | $1.41M | $224K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $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 | $0 | $0 |
| Other Long-Term Liabilities | $352K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $2.11M | $224K | $9K | $0 | $380K | $0 | $0 | $851K | $454K | $424K | $13K | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | -$380K | $0 | $0 | -$851K | -$454K | -$424K | -$13K | $0 |
| Total Liabilities | $3.8M | $1.97M | $1.68M | $903K | $559K | $262K | $4.32M | $3.65M | $2.3M | $2.51M | $25K | $0 |
| Stockholders' Equity | ||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1K | $1K | $0 | $0 | $0 |
| Common Stock | $368K | $355K | $354K | $345K | $338K | $309K | $122K | $6K | $225K | $17K | $15K | $11K |
| Retained Earnings | -$20.12M | -$19.24M | -$18.4M | -$15.93M | -$14.94M | -$12.96M | -$10.38M | -$11.01M | -$7.68M | -$4.12M | -$750K | -$20K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | -$0 | -$1K | -$1K | $0 | $99K | $0 |
| Other Stockholders' Equity | $43.78M | $19.3M | $19M | $17.46M | $17.08M | $15.5M | $9.39M | $7.44M | $6.28M | $1.74M | $866K | $9K |
| Total Equity | $24.03M | $410K | $955K | $1.88M | $2.47M | $2.85M | -$866K | -$3.56M | -$1.18M | -$2.36M | $130K | $733 |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $27.82M | $2.38M | $2.64M | $2.78M | $3.03M | $3.12M | $3.45M | $86K | $1.12M | $146K | $155K | $733 |
| Supplementary Data | ||||||||||||
| Total Debt | $2.64M | $942K | $1.13M | $594K | $343K | $178K | $2.64M | $779K | $383K | $420K | $0 | $0 |
| Net Debt | $2.49M | $830K | $1.11M | $528K | $121K | $118K | $2.51M | $778K | $301K | $396K | -$2K | -$733 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | 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 | 2015-12-31 |
| Operating Activities | |||||||||||
| Net Income | -$881K | -$841K | -$2.47M | -$983K | -$1.99M | -$2.58M | $633K | -$3.33M | -$3.56M | -$3.37M | -$731K |
| Depreciation & Amortization | $152K | -$139 | $2K | $878 | $5K | $9K | $9K | $8K | $3K | $1K | $2K |
| Deferred Income Tax | $0 | $0 | $0 | -$402K | -$609K | $0 | -$1.6M | $0 | $74K | -$1.18M | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $402K | $609K | $0 | $111K | $0 | $138K | $1.23M | $0 |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | -$140K | $19K | $75K | $28K | -$120K | $13K | -$26K | $16K | $50K | -$22K | -$44K |
| Inventory | $546K | $265K | $193K | $139K | $460K | $663K | -$3.08M | $48K | $862 | $0 | $0 |
| Accounts Payable | $25K | -$65K | $26K | $54K | -$28K | $44K | -$51K | $19K | $27K | -$9K | $13K |
| Other Working Capital | $4K | $93K | $70K | $13K | $74K | -$583K | $514K | $65K | $7K | $29K | $5K |
| Total Working Capital Change | $435K | $313K | $364K | $233K | $387K | $138K | -$2.64M | $149K | $85K | -$2K | -$27K |
| Other Non-Cash Items | $460K | $810K | $1.69M | $359K | $694K | -$1.05M | $7K | $2.84M | $2.59M | $2.78M | $258K |
| Net Cash from Operating | $166K | $282K | -$416K | -$391K | -$901K | -$3.48M | -$3.49M | -$329K | -$672K | -$537K | -$498K |
| Investing Activities | |||||||||||
| Capital Expenditures | -$19K | $0 | $0 | -$8K | -$96K | -$8K | -$23K | $0 | -$4K | -$2K | -$6K |
| Acquisitions | $76K | $0 | $0 | $0 | $0 | -$418K | $1.76M | $0 | $5K | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $3K | $0 | $0 | $79K | $50K | -$28K | -$46K | $0 |
| Net Cash from Investing | $56K | $0 | $0 | -$5K | -$96K | -$426K | $1.81M | $50K | -$32K | -$48K | -$6K |
| Financing Activities | |||||||||||
| Debt Repaid | $187K | $593K | $430K | $24K | -$165K | $1.58M | -$1.81M | -$198K | -$772K | -$520K | - |
| Common Stock Issuance | $384K | $0 | $0 | $0 | $995K | $4.41M | $0 | $0 | $0 | $88K | $480K |
| Common Stock Repurchases | $0 | -$5K | -$90K | -$11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $69K | $0 | $0 | -$2.46M | $1.81M | $0 | $0 | $88K | $25K |
| Net Cash from Financing | -$187K | -$189K | $370K | $240K | $1.16M | $3.83M | $1.81M | $198K | $762K | $608K | $505K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $35K | $93K | -$46K | -$156K | $163K | -$74K | $133K | -$81K | $58K | $23K | $803 |
| Supplementary Data | |||||||||||
| Operating Cash Flow | $166K | $282K | -$416K | -$335K | -$901K | -$3.48M | -$3.49M | -$329K | -$672K | -$537K | -$498K |
| Capital Expenditure | -$19K | $0 | $0 | -$8K | -$96K | -$8K | -$23K | $0 | -$4K | -$2K | -$6K |
| Free Cash Flow | $146K | $282K | -$416K | -$343K | -$997K | -$3.49M | -$3.51M | -$329K | -$676K | -$539K | -$504K |
| Cash at Beginning | $112K | $19K | $66K | $222K | $59K | $133K | $485 | $82K | $24K | $2K | $733 |
| Cash at End | $147K | $112K | $19K | $66K | $222K | $59K | $133K | $485 | $82K | $24K | $2K |