Synergy CHC Corp.
Business
Synergy CHC Corp. is a consumer health care, beauty, and lifestyle brand company that owns and markets two marquee nutraceutical brands: FOCUSfactor, a clinically-tested brain health supplement, and Flat Tummy, a women-focused wellness and weight management brand. The company sells products through leading retailers including Costco, Amazon, Walmart, Walgreens, and others, as well as direct-to-consumer channels via brand websites and mobile apps. Synergy operates an asset-light business model using contract manufacturers to produce its diverse product portfolio across North America, with recent expansions into Canada and Mexico.
Summary from 10-K filed 2026-04-01
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2019 2019-12-31 | FY 2018 2018-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 30 | 35 | 43 | — | — | |
| Cost of sales | 10 | 11 | — | — | — | |
| Gross Profit | 20 | 24 | 32 | 20 | 23 | |
| Selling and marketing | 13 | 13 | 15 | 11 | 18 | |
| General and administrative | 9 | 5 | 6 | 5 | 7 | |
| Reserve for bad debts | 7 | — | — | 283,971 | 69,070 | |
| Depreciation and amortization | 133,334 | 133,334 | 33,333 | 1 | 2 | |
| Total operating expenses | 29 | 18 | 21 | 28 | 28 | |
| (Loss) Income from operations | −8 | 6 | 11 | −8 | −5 | |
| Other income | — | −510,534 | — | — | — | |
| Interest income | −15,065 | −1,523 | −1,616 | — | — | |
| Interest expense | 6 | 4 | 4 | — | — | |
| Gain on settlement of notes payable | −2 | — | — | — | — | |
| Remeasurement loss (gain) on translation of foreign subsidiary | 14,833 | −18,954 | −1,517 | — | — | |
| Total other expenses | 4 | 4 | 4 | 1 | 1 | |
| Net (loss) income before income taxes | −12 | 2 | 7 | −9 | −6 | |
| Income tax expense | 117,471 | 102,085 | 234,980 | −131,537 | 247,694 | |
| Net (loss) income | −12 | 2 | 6 | −9 | −6 | |
| Net (loss) income per share basic (in Dollars per share) | −1.27 | 0.28 | 0.86 | — | — | |
| Net (loss) income per share - diluted (in Dollars per share) | −1.27 | 0.28 | 0.86 | — | — | |
| Basic (in Shares) | 10 | 8 | 7 | — | — | |
| Diluted (in Shares) | 10 | 8 | 7 | — | — | |
| Foreign currency translation adjustment | −106,504 | 54,690 | — | — | — | |
| Comprehensive (loss) income | −12 | 2 | 6 | −9 | −6 |
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 2019 2019-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 3 | 687,920 | 632,534 | — | 1 | |
| Restricted cash | 100,000 | 100,000 | 100,000 | — | — | |
| Accounts receivable, net | 3 | 5 | 2 | — | 1 | |
| Other receivables, net | — | 2 | — | — | — | |
| Prepaid expenses (including related party amount of $110,803 and $312,966, respectively) | 351,049 | 2 | 797,985 | — | 186,143 | |
| Inventory, net | 4 | 2 | 4 | — | 2 | |
| Total Current Assets | 10 | 16 | 12 | — | 5 | |
| Intangible assets, net | 150,000 | 283,333 | 416,667 | — | 7,636 | |
| Total Assets | 10 | 16 | 12 | — | 5 | |
| Accounts payable and accrued liabilities (including payable to shareholder of $196,934 and $88,644, respectively) | 6 | 5 | 12 | — | 5 | |
| Income taxes payable | 88,108 | 242,977 | 185,665 | — | — | |
| Contract liabilities | 1,526 | 24,252 | 14,202 | 5,197 | — | |
| Short term loans payable, net of debt discount, related party | 100,000 | — | — | — | — | |
| Short term loans payable, net of debt discount | — | 8 | 2 | — | — | |
| Current portion of notes payable, net of debt discount | 2 | — | — | — | — | |
| Current portion of long-term notes payable, net of debt discount and debt issuance cost, shareholder | — | 4 | — | — | — | |
| Total Current Liabilities | 8 | 17 | 14 | — | 10 | |
| Notes payable, net of debt discount, shareholder | — | 8 | — | — | — | |
| Notes payable, net of debt discount | 25 | 7 | 13 | — | — | |
| Total long-term liabilities | 25 | 16 | 26 | — | 246,916 | |
| Total Liabilities | 33 | 33 | 40 | — | 10 | |
| Commitments and contingencies (Note 13) | — | — | — | — | — | |
| Common stock, $0.00001 par value; 300,000,000 shares authorized; 11,483,926 and 8,721,818, shares issued, respectively; 11,303,853 and 8,541,745 outstanding, respectively | 114 | 87 | 76 | — | 899 | |
| Additional paid in capital | 34 | 28 | 19 | — | 19 | |
| Accumulated other comprehensive loss | −154,281 | −47,777 | −102,467 | — | 11,364 | |
| Accumulated deficit | −56 | −44 | −46 | — | −24 | |
| Less: Treasury stock (180,073 shares) at cost | −127,500 | −127,500 | −127,500 | — | — | |
| Total stockholders deficit | −23 | −17 | −27 | −34 | −5 | |
| Total Liabilities and Stockholders Deficit | 10 | 16 | 12 | — | 5 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2019 2019-12-31 | FY 2018 2018-12-31 |
|---|---|---|---|---|---|---|
| Amortization of debt discount and debt issuance cost | 2 | 56,796 | 48,610 | — | — | |
| Stock based compensation | 136,247 | — | — | 201,155 | 440,999 | |
| Stock issued for modification of notes payable | 847,062 | — | — | — | — | |
| Stock issued for services | 127,200 | — | — | — | — | |
| Foreign currency transaction (gain) loss | 5,531 | 54,321 | −105,192 | −1,308 | 131,868 | |
| Remeasurement gain on translation of foreign subsidiary | 14,833 | −18,954 | — | — | — | |
| Non cash implied interest | — | 4,799 | 29,401 | — | — | |
| Bad debts | 2 | — | — | 283,972 | 69,070 | |
| Bad debt, related party | 4 | — | — | — | — | |
| Write-off of inventory | 894,341 | 125,364 | 251,021 | 257,111 | 1 | |
| Stock issued for loan financing | — | 97,920 | — | — | — | |
| Income from employee retention credits | — | −252,405 | — | — | — | |
| Income from insurance on stolen goods | — | −258,129 | — | — | — | |
| Accounts receivable | 2 | −3 | 1 | 3 | −193,687 | |
| Other receivables | 345,388 | −1 | — | — | — | |
| Loan receivable, related party | — | 84,937 | −51,245 | — | — | |
| Inventory | −3 | 2 | 4 | 552,158 | −884,141 | |
| Prepaid expenses | 1 | −1 | −288,789 | 642,704 | 314,404 | |
| Prepaid expense, related party | 202,163 | −145,092 | −369,427 | — | — | |
| Income taxes payable | −84,271 | 57,312 | 185,665 | — | — | |
| Contract liabilities | −22,726 | 10,050 | 9,005 | −41,823 | 46,652 | |
| Accounts payable and accrued liabilities | 622,099 | −3 | −7 | −3 | 2 | |
| Accounts payable, related party | 489,093 | 61,759 | 156,759 | −819,179 | 898,029 | |
| Net cash used in operating activities | −3 | −5 | 421,729 | 3 | 1 | |
| Cash Flows from Investing Activities | — | — | — | — | −198,007 | |
| Proceeds from issuance of common stock at IPO | — | 8 | — | — | — | |
| Proceeds from issuing common stock | 4 | — | — | — | — | |
| Advances from related party | 235,000 | 4 | — | 324,102 | — | |
| Repayments of advances to related party | −135,000 | −3 | −1 | −324,102 | — | |
| Repayment of notes payable, shareholder | −10 | −84,500 | — | — | — | |
| Proceeds from notes payable | 21 | 1 | 360,000 | — | — | |
| Payment of loan financing fees | −2 | — | — | — | — | |
| Repayment of notes payable | −8 | −5 | −2 | −2 | −3 | |
| Net cash provided by financing activities | 5 | 5 | −2 | −2 | −3 | |
| Effect of exchange rate on cash, cash equivalents and restricted cash | −135,249 | 54,690 | — | −167,752 | 257,106 | |
| Net increase in cash, cash equivalents and restricted cash | 2 | 55,386 | −2 | 728,598 | −1 | |
| Interest | 3 | 4 | 4 | 939,711 | 1 | |
| Income taxes | 147,377 | — | — | — | — | |
| Accounts payable converted to loan payable upon settlement | — | 4 | — | — | — | |
| Reduction of short term related party note payable by reduction of prepaid balance | — | 328,003 | — | — | — | |
| Issuance of common stock for loan financing | 220,869 | — | — | — | — | |
| Issuance of pre-funded warrants for settlement of shareholder notes payable | 899,993 | — | — | — | — | |
| Exercise of pre-funded warrants | 4 | — | — | — | — | |
| Loan fees payable to lender | 375,000 | — | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Synergy CHC Corp.'s CIK number?
Synergy CHC Corp.'s SEC CIK number is 0001562733 (1562733). 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 Synergy CHC Corp.'s SEC filings?
All of Synergy CHC Corp.'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 Synergy CHC Corp. last report earnings?
Synergy CHC Corp. (SNYR) 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 0001213900-26-056244). This is Synergy CHC Corp.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Synergy CHC Corp.'s most recent earnings 8-K?
Synergy CHC Corp.'s latest earnings 8-K (Item 2.02) was filed May 14, 2026 under accession 0001213900-26-056244. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Synergy CHC Corp.'s latest earnings 8-K →
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