GB Sciences, Inc. is a biopharmaceutical research and development company, which engages in creating patented, disease-targeted formulations of cannabis, and other plant-inspired therapeutic mixtures for the prescription drug market through its Canadian subsidiary, GbS Global Biopharma, Inc. The company is headquartered in Las Vegas, Nevada and currently employs 2 full-time employees. The company went IPO on 2003-12-22. The company creates patented, disease-targeted formulations of cannabis and other plant-inspired therapeutic mixtures for the prescription drug market through its Canadian subsidiary, GbS Global Biopharma, Inc. (GBSGB). The primary focus for the development of its lead program has been in evaluating suitable development partners that will assist it in preparing its cannabinoid-based formulas for the treatment of the motor symptoms of Parkinson's disease in human clinical trials. The company is engaged in the research and development of plant-inspired medicines, with virtual operations in North America and Europe. GBSGB’s has a portfolio of intellectual property containing both proprietary plant-inspired formulations and its artificial intelligence-enabled drug discovery platform, and critical research contracts and key supplier arrangements. Its intellectual property covers a range of 65 medical conditions.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
03/31/2024
03/31/2023
03/31/2022
03/31/2021
03/31/2020
Revenue
0
0
0
0
0
0
Revenue Growth (YoY)
--
--
--
--
--
-100%
Cost of Revenue
0
0
0
0
0
0
Gross Profit
0
0
0
0
0
0
Selling, General & Admin
0
--
1
1
2
5
Research & Development
--
--
--
--
--
--
Operating Expenses
0
1
1
1
2
5
Other Non Operating Income (Expenses)
0
0
0
0
0
0
Pretax Income
-1
-1
-4
0
-3
-4
Income Tax Expense
0
0
0
0
0
0
Net Income
-1
-1
-4
0
-3
-12
Net Income Growth
-75%
-75%
--
-100%
-75%
-48%
Shares Outstanding (Diluted)
407.07
396.72
357.72
317.62
285.19
258.45
Shares Change (YoY)
1%
11%
13%
11%
10%
23%
EPS (Diluted)
0
0
-0.01
0
-0.01
-0.04
EPS Growth
-79%
-59%
--
-100%
-75%
-60%
Free Cash Flow
0
0
-1
-2
-2
-4
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
0%
0%
0%
0%
0%
0%
Operating Margin
0%
0%
0%
0%
0%
0%
Profit Margin
0%
0%
0%
0%
0%
0%
Free Cash Flow Margin
0%
0%
0%
0%
0%
0%
EBITDA
0
-1
-1
-1
-2
-5
EBITDA Margin
0%
0%
0%
0%
0%
0%
D&A For EBITDA
0
0
0
0
0
0
EBIT
0
-1
-1
-1
-2
-5
EBIT Margin
0%
0%
0%
0%
0%
0%
Effective Tax Rate
0%
0%
0%
0%
0%
0%
Follow-Up Questions
What are GB Sciences Inc's key financial statements?
According to the latest financial statement (Form-10K), GB Sciences Inc has a total asset of $0, Net loss of $-1
What are the key financial ratios for GBLX?
GB Sciences Inc's Current ratio is 0, has a Net margin is 0, sales per share of $0.
How is GB Sciences Inc's revenue broken down by segment or geography?
GB Sciences Inc largest revenue segment is Financial Services, at a revenue of 392,579,000 in the most earnings release.For geography, United States is the primary market for GB Sciences Inc, at a revenue of 607,373,000.
Is GB Sciences Inc profitable?
no, according to the latest financial statements, GB Sciences Inc has a net loss of $-1
Does GB Sciences Inc have any liabilities?
yes, GB Sciences Inc has liability of 5
How many outstanding shares for GB Sciences Inc?
GB Sciences Inc has a total outstanding shares of 406.07