MANNATECH INC
Business
Mannatech, Incorporated is a global wellness solution provider that develops and sells proprietary nutritional supplements, skin care, anti-aging, and weight-management products. The company offers products in five categories: Integrative Health, Targeted Health, Weight and Fitness, Skin Care, and Essentials, with signature brands including Ambrotose®, TruHealth™, and Luminovation™. Products are distributed primarily through network marketing channels via independent associates and preferred customers across the Americas, EMEA, and Asia/Pacific regions, with an e-commerce model in mainland China.
Summary from 10-K filed 2026-04-15
Financials
Consolidated Statement of Income
| 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 |
|---|---|---|---|---|---|---|
| Net sales | 108 | 118 | 132 | 137 | 160 | |
| Cost of sales | 27 | 26 | 29 | 33 | 34 | |
| Gross profit | 81 | 91 | 103 | 104 | 126 | |
| Commissions and incentives | 42 | 48 | — | — | — | |
| Selling and administrative expenses | 40 | 42 | — | — | — | |
| Total operating expenses | 81 | 90 | 104 | 105 | 117 | |
| (Loss) income from operations | −426,000 | 1 | −964,000 | −405,000 | 9 | |
| Interest expense, net | −406,000 | −279,000 | — | — | — | |
| Other Nonoperating Income (Expense) | −2 | 3 | −170,000 | −162,000 | −223,000 | |
| (Loss) income before income taxes | −3 | 4 | — | — | — | |
| Income tax expense | −12 | −1 | −1 | −4 | 950,000 | |
| Net (loss) income | −15 | 2 | −2 | −4 | 10 | |
| Basic (in dollars per share) | −8 | 1.32 | −1.2 | −2.35 | 4.95 | |
| Diluted (in dollars per share) | −8 | 1.32 | −1.2 | −2.35 | 4.71 | |
| Basic (in shares) | 2 | 2 | 2 | 2 | 2 | |
| Diluted (in shares) | 2 | 2 | 2 | 2 | 2 |
Consolidated Balance Sheet
| 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 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 6 | 11 | 8 | 14 | 24 | |
| Restricted cash | 550,000 | 550,000 | 938,000 | 944,000 | 944,000 | |
| Accounts receivable, net of allowance for credit losses of $756 and $935 as of December 31, 2025 and 2024, respectively | 1,000 | 19,000 | 100,000 | 200,000 | 100,000 | |
| Income tax receivable | 736,000 | 737,000 | 465,000 | 423,000 | 342,000 | |
| Inventories, net | 10 | 10 | 15 | 15 | 12 | |
| Prepaid expenses and other current assets | 2 | 2 | 2 | 2 | 3 | |
| Deferred commissions | 1 | 1 | — | — | — | |
| Total current assets | 21 | 26 | 28 | 35 | 43 | |
| Property, Plant and Equipment with Construction in Progress, Net | 3 | 3 | — | — | — | |
| Operating lease right-of-use assets | 3 | 2 | 3 | — | — | |
| Other assets | 3 | 3 | 4 | 8 | 9 | |
| Deferred tax assets, net | 0 | 2 | 2 | — | — | |
| Long-term restricted cash | 234,000 | 569,000 | — | — | — | |
| Total assets | 30 | 36 | 41 | 49 | 60 | |
| Commissions and incentives payable | 7 | 9 | 8 | 9 | 10 | |
| Accrued expenses | 3 | 4 | 5 | 8 | 9 | |
| Deferred revenue | 3 | 3 | — | — | — | |
| Accounts payable | 2 | 2 | 4 | 4 | 4 | |
| Current portion of operating lease liabilities | 2 | 1 | 2 | — | — | |
| Taxes payable | 1 | 2 | 2 | 3 | 2 | |
| Current notes payable | 0 | 100,000 | 200,000 | 300,000 | 200,000 | |
| Current portion of finance lease liabilities | 293,000 | 275,000 | — | — | — | |
| Total current liabilities | 19 | 21 | 26 | 30 | 30 | |
| Long-term notes payable, excluding current portion | 3 | 3 | 0 | — | — | |
| Operating lease liabilities, excluding current portion | 2 | 2 | 3 | — | — | |
| Other Liabilities, Noncurrent | 1 | 1 | 1 | 5 | 5 | |
| Finance lease liabilities, excluding current portion | 388,000 | 680,000 | 956,000 | — | — | |
| Deferred tax liabilities, net | 10 | 0 | — | — | 3,000 | |
| Total liabilities | 35 | 27 | 31 | 35 | 35 | |
| Commitments and contingencies (Note 13) | — | — | — | — | — | |
| Preferred stock, $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.0001 par value, 99,000,000 shares authorized, 2,742,857 shares issued and 1,900,930 shares outstanding as of December 31, 2025 and 2,742,857 shares issued and 1,884,814 shares outstanding as of December 31, 2024 | 0 | 0 | 0 | 0 | 0 | |
| Additional paid-in capital | 33 | 33 | 33 | 33 | 33 | |
| Retained earnings (accumulated deficit) | −14 | 1 | −1 | 2 | 8 | |
| Accumulated other comprehensive loss | −5 | −6 | −1 | −208,000 | 2 | |
| Treasury stock, at average cost, 841,927 shares as of December 31, 2025 and 858,043 shares as of December 31, 2024 | −20 | −20 | — | — | — | |
| Total shareholders equity | −5 | 9 | 10 | 14 | 24 | |
| Total liabilities and shareholders equity | 30 | 36 | 41 | 49 | 60 |
Consolidated Statement of Cash Flows
| 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 | 1 | 2 | 2 | — | — | |
| Non-cash operating lease expense | 2 | 2 | — | — | — | |
| Provision for inventory losses | 120,000 | 777,000 | 463,000 | 543,000 | 638,000 | |
| Recoveries in current period | −128,000 | −312,000 | 519,000 | −26,000 | 246,000 | |
| Loss on disposal of assets | 0 | 2,000 | 7,000 | 3,000 | 36,000 | |
| Gain on disposal of subsidiary | 0 | −228,000 | 0 | −23,000 | 0 | |
| Unrealized loss (gain) from foreign exchange | 2 | −3 | — | — | — | |
| Stock-based compensation expense | 379,000 | 291,000 | 278,000 | 337,000 | 260,000 | |
| Deferred income taxes | 12 | −159,000 | — | — | — | |
| Accounts receivable | 173,000 | 344,000 | −391,000 | −102,000 | −150,000 | |
| Income tax receivable | 4,000 | −277,000 | −42,000 | −81,000 | 666,000 | |
| Inventories | 313,000 | 2 | −272,000 | −3 | 169,000 | |
| Prepaid expenses and other current assets | 835,000 | 2 | 1 | 1 | 144,000 | |
| Deferred commissions | −19,000 | 859,000 | 346,000 | −107,000 | −26,000 | |
| Other assets | −226,000 | 625,000 | −226,000 | 768,000 | 486,000 | |
| Accounts payable | 315,000 | −2 | −351,000 | 392,000 | −828,000 | |
| Accrued expenses and other long-term liabilities | −3 | −4 | −2 | −4 | −2 | |
| Taxes payable | −781,000 | 451,000 | −2 | 1 | 754,000 | |
| Commissions and incentives payable | −2 | 887,000 | −1 | −355,000 | −1 | |
| Deferred revenue | 58,000 | −2 | −320,000 | 239,000 | −605,000 | |
| Net cash (used in) provided by operating activities | −3 | 2 | −2 | −3 | 11 | |
| Acquisition of property and equipment | −1 | −297,000 | −748,000 | −1 | −650,000 | |
| Proceeds from sale of assets | 0 | 12,000 | 1,000 | 0 | 0 | |
| Net cash used in investing activities | −1 | −285,000 | −747,000 | −1 | −650,000 | |
| Proceeds from notes payable | 0 | 4 | — | — | — | |
| Repayment of note payable | −234,000 | 0 | — | — | — | |
| Repayment of finance lease obligations and other financing obligations | −327,000 | −2 | — | — | — | |
| Net cash (used in) provided by financing activities | −561,000 | 2 | −2 | −4 | −9 | |
| Effect of currency exchange rate changes on cash and cash equivalents and restricted cash | −669,000 | −809,000 | — | — | — | |
| (Decrease) increase in cash and cash equivalents and restricted cash | −6 | 3 | −6 | −10 | −2 | |
| Income taxes paid, net | 400,000 | 800,000 | 3 | 715,000 | 137,000 | |
| Interest paid on notes payable, finance leases and other financing obligations | 512,000 | 475,000 | — | — | — | |
| Assets acquired through other financing arrangements | 0 | 446,000 | — | — | — | |
| Operating lease right-of-use assets acquired in exchange for new operating lease liabilities | 3 | 347,000 | 305,000 | 2 | 70,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is MANNATECH INC's CIK number?
MANNATECH INC's SEC CIK number is 0001056358 (1056358). 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 MANNATECH INC's SEC filings?
All of MANNATECH 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.
When did MANNATECH INC last report earnings?
MANNATECH INC (MTEX) most recently filed an earnings 8-K with the SEC on May 14, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-017056). This is MANNATECH INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is MANNATECH INC's most recent earnings 8-K?
MANNATECH INC's latest earnings 8-K (Item 2.02) was filed May 14, 2026 under accession 0001437749-26-017056. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View MANNATECH INC's latest earnings 8-K →
Look up any company's CIK number →