Avenir Wellness (OTCQB: AVRW) is a broad platform technology company that develops proprietary wellness, nutraceutical, and topical delivery systems. The technology, which is based on (15) fifteen current patents, offers a number of unique, immediate and controlled release delivery vehicles designed to improve product efficacy, safety, and consumer experience for a wide range of active ingredients. The Company will continue down the path of creating new technologies that will be part of its incubator strategy in order to monetize its intellectual property (“IP”). As a vertically integrated platform company, Avenir looks to partner or license its IP technology with wellness companies worldwide. For more information, visit: www.avenirwellness.com.
Company profile
Ticker
AVRW
Exchange
Website
CEO
Robert Steven Davidson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Cure Pharmaceutical Holding Corp., Makkanotti Group Corp.
SEC CIK
Corporate docs
Subsidiaries
Avenir Wellness Solutions of California, LLC • The Sera Labs, Inc. ...
AVRW stock data
Latest filings (excl ownership)
NT 10-K
Notice of late annual filing
1 Apr 24
8-K
Entry into a Material Definitive Agreement
11 Jan 24
10-Q
2023 Q3
Quarterly report
14 Nov 23
8-K
Avenir Wellness Solutions Announces Return of Stock Trading Back to Otcqb Market
19 Sep 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
8-K
Avenir Wellness Solutions Announces New Ticker Symbol As Final Part of Exciting New Brand Identity
11 Aug 23
10-Q
2023 Q1
Quarterly report
28 Jul 23
10-K
2022 FY
Annual report
28 Jul 23
8-K
Avenir Wellness Solutions Update to Stockholders
19 May 23
NT 10-Q
Notice of late quarterly filing
15 May 23
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 189.00 k | 189.00 k | 189.00 k | 189.00 k | 189.00 k | 189.00 k |
Cash burn (monthly) | (no burn) | 354.50 k | 741.33 k | 1.10 mm | 240.33 k | 408.75 k |
Cash used (since last report) | n/a | 2.46 mm | 5.14 mm | 7.65 mm | 1.66 mm | 2.83 mm |
Cash remaining | n/a | -2.27 mm | -4.95 mm | -7.46 mm | -1.48 mm | -2.64 mm |
Runway (months of cash) | n/a | -6.4 | -6.7 | -6.8 | -6.1 | -6.5 |
Institutional ownership, Q1 2023
0.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 21.00 mm |
Total shares | 150.00 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Sandhill Capital Partners | 150.00 k | $21.00 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Aug 23 | Robert Steven Davidson | RSU Common Stock | Grant | Acquire A | No | No | 0.11 | 186,364 | 20.50 k | 420,650 |
17 Aug 23 | Gene Z Salkind | RSU Common Stock | Grant | Acquire A | No | No | 0.11 | 186,364 | 20.50 k | 589,685 |
17 Aug 23 | Gerald Bagg | RSU Common Stock | Grant | Acquire A | No | No | 0.11 | 186,364 | 20.50 k | 420,650 |
17 Aug 23 | Robert J Costantino | RSU Common Stock | Grant | Acquire A | No | No | 0.11 | 186,364 | 20.50 k | 442,614 |
23 Jun 23 | Robert J Costantino | RSU Common Stock | Grant | Acquire A | No | No | 0.12 | 29,486 | 3.54 k | 256,250 |