Welcome to our dedicated page for FLEXIBLE SOLUTIONS INTERNATIONAL SEC filings (Ticker: FSI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Flexible Solutions International, Inc. filings document the public-company record for an Alberta-incorporated environmental technology and specialty chemicals issuer. Form 8-K reports record financial-results releases, conference-call remarks, and material definitive agreements, including food-grade production arrangements for the Illinois plant.
FSI’s regulatory filings also cover annual meeting governance matters, director elections, advisory executive-compensation votes, auditor ratification, and related shareholder voting results. Form 12b-25 notices address delayed periodic reporting and audit-documentation timing, while exhibit filings provide formal records of press releases and management remarks tied to the company’s operating results and corporate disclosures.
Flexible Solutions International Inc. (FSI) reported board and audit committee changes. On August 31, 2026, long‑serving director John Bientjes resigned as a director and as chair of the audit committee; the company states his resignation was not due to any disagreement regarding operations, policies, or practices.
The board appointed Dr. Kim Reid as a director and audit committee member, and appointed David (Dave) Fynn as the new audit committee chair. A press release issued the same day highlights Dr. Reid’s background in bio‑manufacturing, molecular biology, GMP environments, and operational leadership, adding scientific and regulatory expertise to the board while acknowledging Mr. Bientjes’ nearly thirty years of service.
Flexible Solutions International Inc. (FSI) reported a weak second quarter for the period ended June 30, 2026. Revenue from product sales was $7.61 million, down about 14% from $8.87 million a year earlier, largely because Q2 2025 included a non-recurring $2.5 million R&D payment. The company recorded a GAAP net loss of $1.91 million (loss of $0.15 per basic share) versus GAAP net income of $2.03 million (earnings of $0.16 per share) in Q2 2025.
Management attributes the loss to costs of scaling large food-grade contracts in the NanoChem division and ongoing training and development costs at the Panama plant, with related revenues lagging. ENP also had a particularly weak seasonal quarter. The company highlights that, excluding the prior year’s irregular R&D revenue, recurring revenue was higher year over year.
FSI outlines growth plans centered on food and nutraceutical products, Panama-based production of biodegradable polymers, and ENP’s turf and greenhouse markets, while noting tariffs of 15%–58.5% on Chinese raw material imports and logistics disruptions linked to the Iran war. The company states it continues to pay down long-term debt, has adequate working capital and bank credit lines, and believes it can execute its plans without equity financing.
Flexible Solutions International Inc. reported sharply weaker results for the quarter and six months ended June 30, 2026. Quarterly sales were $7.6 million versus $11.4 million a year earlier, and the company posted a net loss attributable to shareholders of $1.9 million, compared with net income of $2.0 million. For the first half, sales were $15.9 million versus $18.8 million, with a net loss of $2.2 million versus prior-year profit of $1.8 million.
Gross profit turned negative in the quarter and fell to $1.6 million for six months, pressured by higher labor, training, utilities and start‑up costs at the Panama facility and the ramp‑up of a new lower‑margin food‑grade product, partially offset by strong growth in the FGPI segment. Three primary customers represented 54–55% of sales for the quarter and year‑to‑date.
Despite losses, operating cash flow remained positive at $3.5 million in the first half, funding $3.0 million of capital expenditures, mainly for Panama and food‑grade capacity. Cash was $7.2 million with working capital of $18.7 million, and total assets were $59.0 million. Management obtained a perpetual, exclusive, royalty‑free license in Latin America and the Caribbean by surrendering its 19.9% stake in a Florida‑based LLC and forgiving related receivables, recording a $1.86 million intangible asset. Disclosure controls and internal control over financial reporting were assessed as ineffective, with remediation in progress.
Flexible Solutions International Inc. entered an at-the-market (ATM) Sales Agreement with Bancroft Capital LLC to sell and issue shares of common stock having a value of up to $18,500,000.
The shares will be sold from time to time under the company’s effective shelf registration statement on Form S-3, using a prospectus and June 30, 2026 prospectus supplement. Bancroft will act as sales agent and receive a cash fee of 3% of gross proceeds, plus up to $30,000 in reimbursed expenses and up to $5,000 per quarter for additional expenses. The agreement includes customary representations, conditions, indemnification, and termination provisions.
Flexible Solutions International, Inc. has entered a sales agreement with Bancroft Capital LLC to offer and sell up to $18,500,000 of common stock in an "at the market" program. The Agent will receive a 3.0% commission on gross proceeds.
The prospectus supplement states an aggregate market value of common stock held by non-affiliates of $18,523,587 based on 12,747,498 shares outstanding and a $6.50 per-share price as of June 16, 2026. The company cites the Form S-3 General Instruction I.B.6 limit (one-third of non-affiliate market value) while that market value remains below $75,000,000. As an illustration, the supplement shows 15,464,030 shares outstanding after sale of 2,716,532 shares at an assumed price of $6.81 per share.
Flexible Solutions International Inc. reported a change in its independent auditor following a merger of its prior firm. On June 3, 2026, Assure CPA, LLC merged into Sadler, Gibb & Associates, LLC, causing Assure to cease public accounting operations and resign as the company’s independent registered public accounting firm.
The audit committee approved this resignation and the engagement of Sadler Gibb on June 5, 2026. Assure’s audit reports for the years ended December 31, 2025 and 2024 contained no adverse or qualified opinions, and the company states there were no disagreements or reportable events with Assure. Sadler Gibb has been engaged as auditor for the fiscal year ending December 31, 2026.
Flexible Solutions International reported first quarter 2026 sales of $8.30 million, up about 11% from $7.47 million a year earlier, driven mainly by its NanoChem and ENP divisions. Despite the growth, the company posted a small net loss of $241,420, or $0.02 per share, similar to Q1 2025.
Non-GAAP operating cash flow improved to $575,240, or $0.05 per share, from $480,268, or $0.04 per share, reflecting stronger underlying cash generation even as it continues to absorb expansion costs for large food-grade contracts and the new Panama factory. Management expects new food-contract and Panama-related revenue to start showing in Q2 and to drive better profitability in the second half of 2026.
Flexible Solutions International Inc. reported higher sales but a small loss for the quarter ended March 31, 2026. Revenue rose to $8.30 million from $7.47 million, driven mainly by growth in its biodegradable polymer (TPA/BCPA) products and energy and water conservation products.
Gross profit was $1.89 million, roughly flat versus the prior year, as higher volumes were offset by increased costs from scaling new products, a new manufacturing location and a shift toward lower‑margin products. The company recorded a net loss attributable to Flexible Solutions of $241,420, similar to the prior‑year loss of $277,734, with basic and diluted loss per share steady at $(0.02).
Cash decreased to $5.82 million as operating activities used $1.82 million and capital expenditures reached $2.23 million, largely funded by higher short‑term borrowings. Total assets were $63.9 million and working capital was $20.88 million. Three primary customers represented 56% of sales and 68% of accounts receivable.
Management states that liquidity is sufficient for the coming year and does not anticipate significant capital requirements. However, disclosure controls and procedures were deemed ineffective, with a previously identified material weakness in internal control over financial reporting under remediation, expected to be fully addressed by the fourth quarter of 2026.
Flexible Solutions International reported flat 2025 revenue of $38,515,058, roughly unchanged from 2024, while profitability declined sharply. Net income fell to $786,894, or $0.06 per share, from $3,038,529, or $0.24 per share, as the company invested heavily in its Illinois food-grade facility and a new Panama plant.
Non-GAAP operating cash flow was $5,541,108, or $0.44 per share, down from $7,082,952 or $0.57 per share. Management highlighted two multi‑year food-grade contracts with minimum annual revenue of $6.5 million and potential combined revenue above $50 million, plus the shift of industrial and agricultural production to Panama to reduce tariffs and shipping costs. The company fully repaid the ENP acquisition loan and a three‑year equipment note in 2025, freeing over $2 million in annual cash flow, and stated it expects profitability and cash flow to rebound in 2026 without raising equity.
Flexible Solutions International reported 2025 total sales of $38.5 million, essentially flat with 2024, as lower product sales were offset by $2.5 million of research and development service revenue. Gross profit slipped to $12.5 million and operating income declined to $4.6 million.
Net income fell to $2.4 million, with $0.8 million attributable to common shareholders, mainly due to a $1.0 million investment impairment, higher operating costs and increased R&D spending. The company generated $3.8 million of operating cash flow, paid a $0.10 per share special dividend, and ended 2025 with $6.6 million in cash and strong working capital of $22.2 million.