CEA Industries Inc. is a company focused on selling environmental control and other technologies and services to the Controlled Environment Agriculture (“CEA”) industry. Our principal service and product offerings include: (i) floor plans and architectural design of cultivation facilities, (ii) licensed mechanical, electrical, and plumbing (MEP) engineering of commercial scale environmental control systems specific to cultivation facilities, (iii) process cooling systems and other climate control systems, (iv) air handling equipment and systems, (v) LED lighting, (vi) benching and racking solutions for indoor cultivation, (vii) automation and control devices, systems and technologies used for environmental, lighting and climate control, and (viii) preventative maintenance services for CEA facilities. Our customers include commercial, state- and provincial-regulated CEA growers in the U.S. and Canada as well as in other international locations. Customers are those growers building new facilities and those expanding or retrofitting existing facilities, with both ranging in size from several thousand to more than 100,000 square feet.
Company profile
Ticker
CEAD
Exchange
Website
CEO
Anthony K. McDonald
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Surna Inc.
SEC CIK
Corporate docs
Subsidiaries
Hydro Innovations, LLC ...
CEAD stock data
Latest filings (excl ownership)
8-K
Material Modifications to Rights of Security Holders
5 Jun 24
10-Q
2024 Q1
Quarterly report
14 May 24
8-K
Departure of Directors or Certain Officers
7 May 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
16 Apr 24
8-K/A
Submission of Matters to a Vote of Security Holders
11 Apr 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
10 Apr 24
10-K
2023 FY
Annual report
29 Mar 24
8-K
CEA Industries Inc. Reports Fourth Quarter and Full Year 2023 Results
28 Mar 24
8-K
Submission of Matters to a Vote of Security Holders
18 Dec 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
Transcripts
CEAD
Earnings call transcript
2023 Q2
14 Aug 23
CEAD
Earnings call transcript
2023 Q2
14 Aug 23
CEAD
Earnings call transcript
2023 Q1
15 May 23
CEAD
Earnings call transcript
2022 Q4
28 Mar 23
CEAD
Earnings call transcript
2022 Q3
15 Nov 22
CEAD
Earnings call transcript
2022 Q2
14 Aug 22
CEAD
Earnings call transcript
2022 Q1
12 May 22
CEAD
Earnings call transcript
2021 Q4
29 Mar 22
CEAD
Earnings call transcript
2021 Q3
10 Nov 21
CEAD
Earnings call transcript
2021 Q2
18 Aug 21
Latest ownership filings
SC 13D
111 Equity Group
7 Jun 24
SC 13D
Tunick Brian
25 Apr 24
SC 13G/A
Lind Global Fund II LP
13 Feb 24
4
NICHOLAS J. ETTEN
3 Jan 24
4
Troy Lee Reisner
3 Jan 24
4
Marion Mariathasan
3 Jan 24
SC 13D
Finlinson Lance Brock
30 Nov 23
SC 13G/A
Lind Global Fund II LP
13 Feb 23
4
Troy Lee Reisner
5 Jan 23
4
NICHOLAS J. ETTEN
5 Jan 23
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 11.60 mm | 11.60 mm | 11.60 mm | 11.60 mm | 11.60 mm | 11.60 mm |
Cash burn (monthly) | 303.14 k | 362.44 k | 307.94 k | 285.90 k | 303.14 k | 362.44 k |
Cash used (since last report) | 698.43 k | 835.06 k | 709.49 k | 658.72 k | 698.43 k | 835.06 k |
Cash remaining | 10.90 mm | 10.76 mm | 10.89 mm | 10.94 mm | 10.90 mm | 10.76 mm |
Runway (months of cash) | 36.0 | 29.7 | 35.4 | 38.3 | 36.0 | 29.7 |
Institutional ownership, Q1 2024
8.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 349.00 k |
Total shares | 696.27 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Lind Global Fund II | 554.90 k | $0.00 |
3i | 141.37 k | $349.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Jan 24 | Marion Mariathasan | Common Stock | Option exercise | Acquire M | No | No | 0 | 45,455 | 0.00 | 45,455 |
2 Jan 24 | Marion Mariathasan | Common Stock-RSU Common Stock | Grant | Acquire A | No | No | 0.55 | 45,455 | 25.00 k | 45,455 |
2 Jan 24 | Troy Lee Reisner | Common Stock | Option exercise | Acquire M | No | No | 0 | 45,455 | 0.00 | 45,455 |
2 Jan 24 | Troy Lee Reisner | Common Stock-RSU Common Stock | Grant | Acquire A | No | No | 0.55 | 45,455 | 25.00 k | 45,455 |
2 Jan 24 | Nicholas J. Etten | Common Stock | Option exercise | Acquire M | No | No | 0 | 45,455 | 0.00 | 45,455 |
2 Jan 24 | Nicholas J. Etten | Common Stock-RSU Common Stock | Grant | Acquire A | No | No | 0.55 | 45,455 | 25.00 k | 45,455 |
3 Jan 23 | Marion Mariathasan | Common Stock Common Stock | Grant | Acquire A | No | No | 0 | 29,758 | 0.00 | 29,758 |
3 Jan 23 | Troy Lee Reisner | Common Stock Common Stock | Grant | Acquire A | No | No | 0.8401 | 29,758 | 25.00 k | 29,758 |
News
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14 May 24
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