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BONK, INC.
BNKKCIK 0001760903NasdaqNon-AcceleratedSmaller ReportingEmerging GrowthPerfumes, Cosmetics & Other Toilet PreparationsDelawareFY ends Dec 31
Period
FY 2025
Revenue
$2.12M
Net Income
$-68.19M
Total Assets
$40.97M
Equity
$35.00M
Shares Out
8.00M
Op. Cash Flow
$-25.28M
Business
Bonk, Inc. (formerly Safety Shot, Inc., Jupiter Wellness, Inc.) develops and sells functional beverages and dietary supplements, including the Sure Shot Dietary Supplement for alcohol metabolism support and plant-based energy drinks acquired through the Yerbaé Brands acquisition. Products are distributed through e-commerce platforms including Amazon and retail channels such as BevMo!. The company is transitioning strategically toward digital asset and decentralized finance initiatives, including investments in blockchain-based projects aligned with the BONK ecosystem.
Summary from 10-K filed 2026-03-31
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Beverage sales | 2 | 701,967 | 202,670 | 120,627 | 3 | |
| Related party income from digital assets | 2 | — | — | — | — | |
| Cost of sales | 3 | 3 | 277,127 | 325,169 | 2 | |
| Gross profit | 1 | −2 | −74,457 | −204,542 | 535,485 | |
| General and administrative | 36 | 40 | 13 | 12 | 17 | |
| Impairment expense | 5 | — | — | — | — | |
| Total operating costs and expenses | 41 | 40 | — | — | — | |
| Interest income | 92,094 | 57,602 | — | — | — | |
| Interest expense | −592,504 | −175,927 | −171,433 | −1 | −2 | |
| Loss on settlement | −6 | — | — | — | — | |
| Other income / (expense) | 151,612 | −5 | −1 | 790 | 699,704 | |
| Gain (loss) on sale of marketable securities | 13 | — | — | — | — | |
| Loss on exchange | −120,446 | — | — | — | — | |
| Unrealized loss on digital asset | −35 | — | — | — | — | |
| Unrealized gain (loss) on equity investment | −40,542 | −862,407 | −864,418 | — | — | |
| Total other income (expense) | −29 | −6 | −2 | −1 | −1 | |
| Loss from operations | −68 | −48 | −15 | −16 | — | |
| Loss from discontinued operations | — | −997,802 | −261,528 | 344,172 | — | |
| Net loss | −68 | −49 | −15 | −15 | −28 | |
| Deemed dividend | −863,400 | −2 | — | — | — | |
| Loss attributable to shareholders | −69 | −52 | −15 | — | — | |
| Basic (per share) | −17.02 | −31.77 | −0.49 | −0.69 | −1.69 | |
| Diluted (per share) | −17.02 | −31.77 | −0.49 | — | — | |
| Loss per share attributed to common shareholders | −17.23 | −33.24 | — | — | — | |
| Basic (shares) | 4 | 2 | 31 | 22 | 17 | |
| Diluted (shares) | 4 | 2 | 31 | — | — |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2023 2023-06-30 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|---|
| Cash | 2 | 348,816 | 4 | 200,000 | 1 | |
| Marketable securities | 54,720 | 54,720 | 842,976 | — | — | |
| Digital assets | 630,605 | — | — | — | — | |
| Inventory | 949,275 | 233,510 | 795,824 | — | 151,204 | |
| Accounts receivable | 90,140 | 283,561 | 5,585 | — | 26,440 | |
| Prepaid expenses and deposits | 2 | 920,189 | 1 | — | 116,389 | |
| Note receivable | 139,405 | 511,557 | — | — | 1 | |
| Total current assets | 6 | 3 | 8 | — | 7 | |
| Non-current digital assets | 17 | — | — | — | — | |
| Right of use assets | 18,570 | 299,722 | 479,027 | — | 643,977 | |
| Goodwill | 14 | — | — | — | 941,937 | |
| Related party revenue sharing other asset, net of amortization | 2 | — | — | — | — | |
| Intangible assets, net of amortization | 1 | 4 | 5 | — | 291,533 | |
| Fixed assets, net of depreciation | 66,191 | 94,007 | 28,272 | — | 52,494 | |
| Total non-current assets | 35 | 5 | — | — | — | |
| TOTAL ASSETS | 41 | 7 | 13 | — | 9 | |
| Accounts payable | 2 | 2 | 1 | — | 2 | |
| Accrued expenses | 3 | 2 | 269,152 | — | — | |
| Note payable, current portion | 275,000 | — | — | — | — | |
| Convertible notes | — | 5 | 2 | — | 2 | |
| COVID-19 SBA loan | 49,210 | 47,928 | 48,974 | — | 47,533 | |
| Current portion of lease liability | 23,544 | 212,964 | 214,752 | — | 164,170 | |
| Total current liabilities | 6 | 9 | 4 | — | 5 | |
| Long-term portion lease liability | — | 114,148 | 304,907 | — | 519,659 | |
| Total non-current liabilities | — | 114,148 | — | — | — | |
| Total liabilities | 6 | 10 | 4 | — | 5 | |
| Preferred stock, $0.001 par value, 1,000,000 shares authorized of which 176,806 and none are issued and outstanding as of December 31, 2025 and 2024, respectively | 177 | — | — | — | — | |
| Common stock, $.001 par value, 1,000,000,000 shares authorized, of which 7,751,707 and 1,789,724 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 7,751 | 1,790 | 45,634 | — | 22,339 | |
| Additional paid-in capital | 216 | 111 | 74 | — | 54 | |
| Common stock payable | 3 | 2 | 725,230 | — | 477,000 | |
| Accumulated deficit | −183 | −115 | −66 | — | −51 | |
| Total shareholders equity (deficit) | 35 | −2 | 9 | — | 4 | |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY (DEFICIT) | 41 | 7 | 13 | — | 9 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization expense | 654,378 | 428,828 | 214,142 | 20,589 | 187,917 | |
| Fair value of stock-based compensation | 10 | 5 | 1 | 3 | 9 | |
| Fair value of options issued for services rendered | 1 | 15 | — | — | — | |
| Fair value of shares issued from Convertible note extinguishment | — | −84,219 | 1 | 937,207 | −34,499 | |
| Bad debt expense | — | 89,328 | 7,022 | — | 7,513 | |
| Fair value of common stock issued for services | 2 | — | 108,263 | — | — | |
| Fair value of common stock issued for settlement | 918,602 | — | — | — | — | |
| Fair value of common stock issued for bonus | 792,500 | — | — | — | — | |
| Fair value of SRM shares granted in connection with settlement | 391,000 | — | — | — | — | |
| Unrealized gain/loss on equity investment | 40,542 | 599,155 | — | — | — | |
| Exchange of common stock for Series A Preferred stock | 120,446 | — | — | — | — | |
| Gain on sale of SRM stock | — | −431,972 | — | — | — | |
| Accrued loss on settlements | — | 7 | — | — | — | |
| Realized gain/loss on sale of marketable securities | −13 | 269,723 | −238,834 | — | — | |
| Revenue on Digital Assets | −2 | — | — | — | — | |
| Unrealized gain/loss on marketable securities | — | 101,088 | 2 | — | — | |
| Prepaid expenses and deposits | −320,604 | 635,718 | −1 | −50,463 | −447,721 | |
| Right of use asset | 356,056 | 179,305 | — | — | — | |
| Accounts receivable | 362,706 | −367,304 | 367,024 | −19,889 | −401,398 | |
| Note receivable | 126,512 | — | — | — | — | |
| Inventory | −185,459 | 562,314 | −608,004 | 97,580 | −78,342 | |
| Accounts payable | 2 | 725,001 | −255,750 | 838,355 | 554,093 | |
| Accrued liabilities | 292,517 | 284,517 | 141,842 | 52,304 | 81,471 | |
| Lease liability | −395,162 | −192,547 | −164,170 | −130,234 | −86,481 | |
| Net cash (used in) continuing operating Activities | −25 | −18 | −11 | −6 | — | |
| Loss from discontinued operations | — | −997,802 | −261,528 | 344,172 | — | |
| Net cash (used in) discontinued operations | — | −997,802 | 601,537 | 72,450 | — | |
| Cash received from sale of investments | 13 | 490,000 | — | — | — | |
| Cash received from sale of marketable securities | — | 417,445 | 869,834 | — | — | |
| Cash paid for investment | — | −739,557 | — | — | — | |
| Purchase of intangible assets | −834,116 | — | −2 | — | — | |
| Purchase of digital assets | −5 | — | — | — | — | |
| Investment in Yerbae | −925,000 | — | — | — | — | |
| Acquisition of Yerbae | −201,958 | — | — | — | — | |
| Cash paid for purchase of assets | — | −85,665 | — | — | — | |
| Purchase of equipment | — | −87,162 | −106,153 | −14,991 | −88,297 | |
| Net Cash Provided by (used in) Investing Activities | 6 | −4,939 | −330,047 | −2 | −13 | |
| Proceeds from shares issued for private placements | 5 | 11 | — | — | — | |
| Repayments of convertible notes | −5 | — | — | — | −3 | |
| Proceeds from issuance of common stock | 20 | — | — | — | — | |
| Proceeds from warrant purchase agreement | 550,000 | — | 13 | — | — | |
| Proceeds from issuance of shares for warrant conversions | — | 4 | — | — | — | |
| Cash received upon exercise of options | — | 76,000 | — | — | — | |
| Deconsolidation of subsidiary | — | 943,722 | — | — | — | |
| Net Cash Provided by Financing Activities | 21 | 16 | 13 | −904,151 | 28 | |
| CHANGE IN CASH | 2 | −3 | 2 | −10 | 7 | |
| Interest | — | — | — | — | — | |
| Income taxes | — | — | — | — | — | |
| Common stock issued for Bonk Coins | 22 | — | — | — | — | |
| Fair value of common stock issued in exchange for settlement of payables | 4 | — | — | — | — | |
| Issuance of Preferred Stock B in connection with payoff of Convertible notes | 5 | — | — | — | — | |
| Issuance of Preferred Stock C in connection in exchange for digital assets | 25 | — | — | — | — | |
| Issuance of Preferred Stock C in connection in exchange for digital assets | 2 | — | — | — | — | |
| Common stock issued for loss on settlement | 875,000 | — | — | — | — | |
| Shares issued for L&H | 81,683 | — | — | 277,500 | 560,496 | |
| Common stock issued for services | 756,250 | — | — | — | — | |
| Warrants cashless exercise from common stock | 951 | — | — | — | — | |
| Preferred B converted to CS | 340 | — | — | — | — | |
| Common stock issued for settlement | 5 | — | — | — | — | |
| Common stock issued from stock payable on extinguishment of debt | — | 245,044 | — | — | — | |
| Shares issued from stock payable for services | — | 113,500 | 192,000 | — | — | |
| Common stock issued from stock payable on convertible note | — | 344,196 | — | — | — | |
| Investment in GBB asset | — | 175,000 | — | — | — | |
| Common stock issued for note conversion | — | 2 | — | — | — |
Filings
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Frequently asked questions
What is BONK, INC.'s CIK number?
BONK, INC.'s SEC CIK number is 0001760903 (1760903). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find BONK, INC.'s SEC filings?
All of BONK, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.