Going concern and liquidity shortfall
Management states that the company does not have sufficient revenues to cover operating expenses and needs additional capital to continue operations.
- Scope
- Entire business
- Materiality
- high
BioForce Nanosciences Holdings, Inc. is a U.S.-based microcap company that has shifted away from its original nanotechnology roots into nutritional supplements. Its current business centers on the BioForce Eclipse powder multivitamin and mineral supplement, which it private-labels through a Virginia manufacturer and distributes through retail and online channels. The company says it is trying to build brand awareness through social media, telemarketing, direct marketing, and B2B sales. It remains in an early commercial stage and has disclosed that it does not yet generate enough revenue to cover operating expenses.
0.00
0.00
| % | |
|---|---|
| Nutritional supplements | 100% Powdered multivitamin and mineral supplements sold under the BioForce Eclipse brand. |
| Private-label product sourcing | 0% Supplement products manufactured by third parties and sold under private-label arrangements. |
BioForce targets retail and wholesale buyers that can place its supplement products into consumer channels, including...
Retailers, grocery stores, pharmacies, and mass merchandisers that buy supplement products for resale because they want branded wellness items with consumer demand.
E-commerce channels such as Amazon that buy or list the product to reach consumers directly and broaden geographic reach.
Distributors and vendor partners that help place the product into multiple outlets and support the company's direct marketing strategy.
Hospitals, clinics, universities, nursing homes, prisons, and similar facilities that may purchase vitamin and mineral supplements for on-site use or resale.
Health-conscious and active individuals who consume the Eclipse powder and related supplements for nutrition support.
The company is headquartered in the United States and describes the U.S. as its core and intended expansion market...
BioForce's near-term strategy is to build a viable supplement business around BioForce Eclipse and related nutritional...
The company needs consumer awareness to create pull-through demand and convince retailers to carry the product.
Broader retail and online distribution is necessary to scale sales beyond a limited set of outlets.
The company wants to reduce product cost and improve economics while maintaining quality.
The company has disclosed insufficient revenues and ongoing cash needs, making financing essential to continue operations.
The most immediate risk is going concern and liquidity risk, because management states that the company does not have...
Management states that the company does not have sufficient revenues to cover operating expenses and needs additional capital to continue operations.
Recent cash inflows came from related parties and capital contributions, indicating the business depends on non-operating funding.
The company is still trying to establish brand awareness and reported no orders in one disclosed quarter, showing uncertain demand.
The product is manufactured by an outside supplier and the distributor owns the formula rights, limiting control over supply and economics.
Dietary supplements are subject to FDA rules and quality expectations, which can affect market access and liability.
BIOE · Pharmaceutical Preparations
Bio Essence Corp is a California-based holding company whose operating history has centered on health supplements and OEM manufacturing/distribution services.
CFOR · Services-Medical Laboratories
IBO · Pharmaceutical Preparations
NANOFH.HE · Biotechnology
Nanoform Finland is a Finnish company specializing in nanotechnology and pharmaceutical particle engineering services.
NNVC · Pharmaceutical Preparations
PLSE · Surgical & Medical Instruments & Apparatus
Pulse Biosciences is a U.S.-based medical technology company focused on developing and commercializing nonthermal pulsed field ablation systems.
: 11/08/2026