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Xtreme One Entertainment, Inc. (XONI)

Xtreme One Entertainment, Inc., established in 1995 and headquartered in Grand Rapids, Michigan, primarily operates within the live sports and event marketing sectors. A significant part of its operations involves the promotion and organization of mixed martial arts (MMA) competitions, notably under the Xtreme Fighting Championships (XFC) brand. Furthermore, the company handles the retail and promotion of official merchandise tied to its various extreme sports and entertainment ventures. This organization, which adopted its current identity in December 2023, was previously known as CannaGrow Holdings, Inc.

Sector: Services-Amusement & Recreation Services

Industry: Advertising Agencies

Xtreme One Entertainment, Inc. logo

Xtreme One Entertainment, Inc.

OTC:XONICommunication Services
-10.00%$0.0360
Mkt Cap$5.84M
Float135.85M
O/S162.13M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$193K
Net Income-$4.15M
Total Assets$841K
Free Cash Flow-$1.46M
Debt & Equity
Total Debt$4.59M
Total Equity-$11.5M
Preferred Stock$2K
Shares Outstanding
Short Interest
Split History

No splits on record

Nothing in XONI's public trading history: no forward or reverse split has affected the share count.

Balance Sheet Details
Assets$841K
Liabilities$12.34M
Accounts Receivable$18K
Accounts Payable$3.87M
Inventory$10K
PP&E (Net)$12K
Goodwill$0
Intangible Assets$779K
Income Statement
PeriodFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012FY 2011FY 2010FY 2009
CurrencyUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-31
Revenue$193K$157K$45K$60K$638K$1.01M$1.01M$852K$1.24M$232K$38K$34K$43K$167K$2.31M$1.71M$2.03M
YoY Growth22.6%249.3%-25.0%-90.6%-36.9%0.0%18.7%-31.2%433.9%506.8%12.3%-19.9%-74.6%-92.8%35.4%-16.0%-
Cost of Revenue$538K$1.7M$32K$42K$557K$805K$797K$637K$563K$158K$33K$28K$47K$215K$2.15M$1.46M$1.98M
Gross Profit-$345K-$1.54M$14K$18K$80K$206K$214K$215K$675K$74K$5K$7K-$4K-$48K$160K$243K$53K
Gross Margin-178.9%-980.7%30.0%30.0%12.6%20.4%21.2%25.3%54.5%32.0%12.5%19.2%-9.7%-28.7%6.9%14.2%2.6%
Research and Development$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Selling, General, and Administrative$2.7M$2.3M$238K$39K$149K$310K$268K$173K$208K$235K$244K$226K$224K$485K$1.38M$1.01M$897K
Other$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Operating Expenses$2.7M$2.3M$238K$39K$149K$310K$268K$173K$208K$235K$244K$226K$224K$485K$1.38M$1.01M$897K
Operating Income (EBIT)-$3.05M-$3.84M-$225K-$21K-$69K-$104K-$54K$42K$467K-$161K-$239K-$220K-$228K-$533K-$1.22M-$769K-$844K
Operating Margin-1580.9%-2441.2%-499.8%-35.3%-10.8%-10.3%-5.3%4.9%37.7%-69.3%-624.8%-645.1%-535.5%-318.7%-53.0%-45.1%-41.6%
Interest Expense$689K$274K$19K$0$170K$226K$208K$176K$146K$110K$106K$173K$205K$247K$480K$338K$366K
Interest Income$0$0$0$0$0$0$0$0$0$0$0$0$0$0$4K$0$0
Other Income (Expense)-$1.1M-$2.21M-$1.18M-$3$2.55M-$226K-$208K-$176K-$146K-$110K$436K$53K-$110K$311K-$388K-$338K-$521K
Income Before Tax (EBT)-$4.15M-$6.05M-$1.4M-$21K$2.48M-$330K-$262K-$134K$321K-$271K$197K-$167K-$337K-$222K-$1.61M-$1.11M-$1.36M
Income Tax Expense$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Net Income-$4.15M-$6.05M-$1.4M-$21K$2.48M-$330K-$262K-$134K$321K-$271K$197K-$167K-$337K-$222K-$1.61M-$1.11M-$1.36M
Net Income Margin-2150.5%-3846.6%-3115.9%-35.3%389.4%-32.6%-25.9%-15.7%25.9%-116.7%515.6%-490.7%-793.3%-132.7%-69.8%-64.9%-67.2%
Supplementary Data
EPS-0.03-0.04-0.01-0.000.02-0.00-0.00-0.000.00-0.000.00-0.00-0.00-0.06-1.87-2.21-15.47
Diluted EPS-0.03-0.04-0.01-0.000.02-0.00-0.00-0.000.00-0.000.00-0.00-0.00-0.06-1.87-2.21-15.47
Weighted Average OS138.29M135.47M106.35M102.07M102.07M102.07M102.07M102.07M102.07M102.07M102.07M118.01M98.33M3.89M835,130484,65288,389
EBITDA-$2.98M-$3.78M-$225K-$21K-$69K-$104K-$54K$42K$467K-$161K-$239K-$220K-$227K-$513K-$1.18M-$731K-$823K
EBITDA Margin-1546.9%-2403.3%-499.8%-35.3%-10.8%-10.3%-5.3%4.9%37.7%-69.3%-624.8%-645.1%-534.7%-306.9%-51.3%-42.8%-40.5%
Balance Sheet
PeriodFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012FY 2011FY 2010FY 2009
CurrencyUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-31
Assets
Current Assets
Cash and Cash Equivalents$21K$5K$0$0$0$2K$20K$6K$13K$769$13K$5K$4K$28K$42K$98K$143K
Short-Term Investments$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Cash and Short-Term Investments$21K$5K$0$0$0$2K$20K$6K$13K$769$13K$5K$4K$28K$42K$98K$143K
Accounts Receivable$18K$8K$0$90K$30K$4.15M$3.14M$2.24M$1.51M$265K$18K$16K$155K$155K$405K$466K$28K
Inventory$10K$11K$0$0$0$2K$2K$2K$2K$2K$2K$2K$3K$87K$108K$542K$180K
Other Current Assets$0$0$0$0$0$0$0$1K$1K$1K$1K$0$0$0$0$0$0
Total Current Assets$49K$59K$0$90K$30K$4.16M$3.16M$2.25M$1.52M$269K$34K$24K$163K$270K$555K$1.11M$350K
Long-Term Assets
Property, Plant & Equipment Net$12K$0$0$0$0$0$0$0$0$0$0$0$0$341$71K$117K$53K
Goodwill$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Intangible Assets$779K$524K$0$0$0$250K$250K$250K$250K$250K$250K$250K$250K$0$0$0$0
Long-Term Investments$0$0$0$0$0$3K$3K$3K$3K$0$0$0$0$0$0$0$0
Deferred Tax Assets$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Other Long-Term Assets$0$0$595K$0$0$0$0$0$0$3K$3K$3K$0$12K$46K$21K$21K
Total Long-Term Assets$791K$524K$595K$0$0$253K$253K$253K$253K$253K$253K$253K$250K$262K$117K$138K$74K
Other Assets$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Assets$841K$583K$595K$90K$30K$4.41M$3.42M$2.5M$1.77M$522K$287K$277K$413K$532K$672K$1.24M$424K
Liabilities
Current Liabilities
Accounts Payable$3.87M$1.91M$239K$94K$33K$3.64M$2.62M$1.8M$1.29M$853K$668K$839K$726K$664K$697K$364K$228K
Short-Term Debt$3.38M$1.89M$847K$837K$817K$2.8M$2.49M$2.53M$2.46M$2.69M$2.37M$2.39M$2.68M$2.43M$2.82M$251K$206K
Current Income Tax Payable$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Current Unearned Revenue$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Other Current Liabilities$3.88M$3.38M$1.34M$0$0$0$0$0$0$0$0$0$0$0$0$0$29K
Total Current Liabilities$11.12M$7.18M$2.43M$932K$851K$6.44M$5.11M$4.34M$3.76M$3.55M$3.04M$3.23M$3.41M$3.1M$3.52M$615K$463K
Long-Term Liabilities
Long-Term Debt$1.21M$1.21M$0$0$0$1.28M$1.28M$1M$722K$0$0$0$0$0$0$2.23M$902K
Long-Term Unearned Revenue$0$0$0$0$0$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$0$0$0$0$0
Other Long-Term Liabilities$0$0$0$0$0$0$0$0$0$0$0$0$0$96K$96K$96K$96K
Total Long-Term Liabilities$1.21M$1.21M$0$0$0$1.28M$1.28M$1M$722K$0$0$0$0$96K$96K$2.32M$997K
Other Liabilities$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Liabilities$12.34M$8.39M$2.43M$932K$851K$7.71M$6.39M$5.34M$4.48M$3.55M$3.04M$3.23M$3.41M$3.19M$3.62M$2.94M$1.46M
Stockholders' Equity
Preferred Stock$2K$2K$2K$52K$52K$52K$52K$52K$52K$52K$52K$52K$52K$52K$52K$52K$52K
Common Stock$145K$137K$132K$102K$102K$102K$102K$102K$102K$102K$102K$102K$98K$98K$15.49M$11.91M$4.57M
Retained Earnings-$20.17M-$16.02M-$9.96M-$8.56M-$8.54M-$11.02M-$10.69M-$10.56M-$10.42M-$10.74M-$10.47M-$10.67M-$10.5M-$10.17M-$9.94M-$8.33M-$7.23M
Comprehensive Income & Other$0$0-$132K$7.67M$7.67M$7.67M$7.67M$7.67M$7.67M$7.67M$7.67M$0$0$0$0$0$0
Other Stockholders' Equity$8.53M$8.08M$8M$7.62M$7.62M$7.62M$7.62M$7.62M$7.62M$7.62M$7.62M$7.62M$7.41M$7.41M-$8.49M-$5.27M$1.62M
Total Equity-$11.5M-$7.8M-$1.84M-$842K-$821K-$3.3M-$2.97M-$2.84M-$2.7M-$3.02M-$2.75M-$2.95M-$3M-$2.66M-$2.94M-$1.69M-$1.04M
Minority Interest$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Liabilities and Equity$841K$583K$595K$90K$30K$4.41M$3.42M$2.5M$1.77M$522K$287K$277K$413K$532K$672K$1.24M$424K
Supplementary Data
Total Debt$4.59M$3.1M$847K$837K$817K$4.08M$3.77M$3.54M$3.18M$2.69M$2.37M$2.39M$2.68M$2.43M$2.82M$2.48M$1.11M
Net Debt$4.57M$3.09M$847K$837K$817K$4.07M$3.75M$3.53M$3.17M$2.69M$2.36M$2.38M$2.68M$2.4M$2.78M$2.38M$964K
Cash Flow Statement
PeriodFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012FY 2011FY 2010FY 2009
CurrencyUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Period Ending2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-31
Operating Activities
Net Income-$4.15M-$6.05M-$1.4M-$21K$2.48M-$330K-$262K-$134K$321K-$271K$197K-$167K-$337K-$222K-$1.61M-$1.11M-$1.36M
Depreciation & Amortization$66K$60K$0$0$0$0$0$0$0$0$0$0$341$20K$38K$39K$21K
Deferred Income Tax$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Stock-Based Compensation$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Changes in Working Capital:
  Accounts Receivable-$10K-$8K$90K-$60K$4.12M-$1.01M-$900K-$737K-$1.24M-$247K$0$0-$6K$186K$109K-$60K$23K
  Inventory$203-$11K$0$0$2K$0$0$0$0$0$0$2K$84K$21K$433K-$362K-$34K
  Accounts Payable$1.96M$1.67M$185K$61K-$3.61M$1.12M$820K$511K$441K$185K$96K$113K$62K$208K$333K$136K-$206K
  Other Working Capital$40K-$35K$1.34M$0$253K$0$1K$0$0$0-$2K-$4K$12K$34K-$25K$0$4K
Total Working Capital Change$1.99M$1.62M$1.62M$1K$773K$112K-$79K-$226K-$799K-$62K$94K$110K$151K$449K$850K-$286K-$213K
Other Non-Cash Items$644K$2.02M-$227K$0-$2.72M$0$0$0$0$0-$542K-$133K-$96K-$504K$142K$99K$725K
Net Cash from Operating-$1.45M-$2.35M-$10K-$20K$533K-$218K-$341K-$360K-$479K-$333K-$251K-$190K-$281K-$257K-$581K-$1.26M-$832K
Investing Activities
Capital Expenditures-$13K$0$0$0$0$0$0$0$0$0$0$0$0$0-$33K-$103K-$2K
Acquisitions$0$0$0$0$0$0$0$0$0$0$0$0$0$51K$23K$0$0
Purchases of Investments$0$0$0$0$0$0$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$0$0$0$0$0$0
Other Investing Activities$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Net Cash from Investing-$13K$0$0$0$0$0$0$0$0$0$0$0$0$51K-$11K-$103K-$2K
Financing Activities
Debt Repaid-$1.28M-$2.35M---------------
Common Stock Issuance$200K$0$0$0$0$0$0$0$0$0$0$0$0$13K$0$0$19K
Common Stock Repurchases$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Dividends Paid$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Other Financing Activities$0$0$10K$20K-$535K$200K$355K$353K$490K$321K$259K$0$0$0$0$0$0
Net Cash from Financing$1.48M$2.35M$10K$20K-$535K$200K$355K$353K$490K$321K$259K$190K$258K$192K$535K$1.31M$919K
Forex Effect$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$58K
Net Change in Cash$16K$5K$0$0-$4K-$18K$14K-$7K$12K-$12K$8K$488-$24K-$14K-$56K-$45K$143K
Supplementary Data
Operating Cash Flow-$1.45M-$2.35M-$10K-$20K$533K-$218K-$341K-$360K-$479K-$333K-$251K-$190K-$281K-$257K-$581K-$1.26M-$832K
Capital Expenditure-$13K$0$0$0$0$0$0$0$0$0$0$3$0$4-$33K-$103K-$2K
Free Cash Flow-$1.46M-$2.35M-$10K-$20K$533K-$218K-$341K-$360K-$479K-$333K-$251K-$190K-$281K-$257K-$614K-$1.36M-$833K
Cash at Beginning$5K$0$0$0$2K$20K$6K$12K-$12K$8K$0$4K$28K$42K$98K$143K$0
Cash at End$21K$5K$0$0-$2K$2K$20K$6K$12K-$12K$8K$5K$4K$28K$42K$98K$143K