Business Description
Sow Good Inc. operates within the United States, specializing in the provision of various freeze-dried food items, including snacks, smoothies, soups, and granola. The company distributes its offerings through a dedicated direct-to-consumer online platform, as well as via business-to-business sales channels. Its product range is marketed under two distinct brands: Sow Good and Sustain Us. Established in 2010, the organization is headquartered in Irving, Texas. Notably, it underwent a corporate rebranding in January 2021, changing its name from the former Black Ridge Oil & Gas, Inc. to its current identity, Sow Good Inc.
Business History
Price Overview
Last updated: Jun 27, 2026 8:07am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -51.60
Total Equity: -$2.56M
Shares: 789,200
Total Debt: $1.49M
Cash: $1.47M
EBITDA: -$6.51M
Total Debt: $1.49M
Cash: $1.47M
Revenue: $0.00
Shares: 789,200
Revenue: $0.00
Revenue: $0.00
Revenue: $0.00
Total Equity: -$2.56M
Tax Rate: 0.0%
Equity: -$2.56M
Total Debt: $1.49M
Cash: $1.47M
Current Liabilities: $6.19M
Long-Term Debt: $150,000
Total Debt: $1.49M
Total Equity: -$2.56M
Shares: 789,200
Shares: 789,200
CapEx: -$3.00
Shares: 789,200
Stock Price: $3.08
Net Income: -$40.64M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jun 27, 2026 8:07am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $88,440 | $428,132 | $16.1M | $32.0M | $0 |
| Cost of Revenue | $81,311 | $308,293 | $11.2M | $19.0M | $33,101 |
| Gross Profit | $7,129 | $119,839 | $4.9M | $13.0M | $-33,101 |
| Operating Expenses | $7.1M | $11.0M | $6.1M | $14.5M | $6.6M |
| Operating Income | -$7.1M | -$10.9M | -$1.2M | -$1.6M | -$6.6M |
| Net Income | -$6.9M | -$12.1M | -$3.1M | -$3.7M | -$40.6M |
| EBITDA | -$6.7M | -$10.5M | $-761,339 | $-114,892 | -$6.5M |
| EPS | $-24.15 | $-37.65 | $-8.85 | $-6.00 | $-51.60 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 27, 2026 8:07am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $3.3M | $276,464 | $2.4M | $3.7M | $1.5M |
| Total Current Assets | $4.9M | $2.6M | $10.2M | $25.1M | $3.4M |
| Total Assets | $14.1M | $8.9M | $21.5M | $54.7M | $3.8M |
| Current Liabilities | $403,057 | $890,177 | $5.8M | $7.4M | $6.2M |
| Long-Term Debt | $1.5M | $3.9M | $4.8M | $150,000 | $150,000 |
| Total Liabilities | $3.3M | $6.1M | $14.2M | $22.7M | $6.3M |
| Total Equity | $10.8M | $2.8M | $7.3M | $32.0M | -$2.6M |
| Retained Earnings | -$43.6M | -$55.7M | -$58.7M | -$62.4M | -$103.1M |
Cash Flow (Annual)
Last updated: Jun 27, 2026 8:07am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$5.6M | -$5.1M | -$4.8M | -$9.4M | -$4.3M |
| Capital Expenditure | -$1.1M | -$2.7M | -$2.3M | -$3.3M | $-3 |
| Free Cash Flow | -$6.6M | -$7.8M | -$7.1M | -$12.7M | -$4.3M |
| Acquisitions (net) | $0 | $63,957 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $1.4M | -$3.1M | $2.1M | $1.3M | -$2.2M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 3:23pm (16h ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue |
$60.7M $60.7M – $60.7M
|
$41.6M $41.6M – $41.6M
|
$36.4M $36.4M – $36.4M
|
$33.4M $33.4M – $33.4M
|
| EBITDA |
-$12.8M -$12.8M – -$12.8M
|
-$8.7M -$8.7M – -$8.7M
|
-$7.6M -$7.6M – -$7.6M
|
-$7.0M -$7.0M – -$7.0M
|
| Net Income |
$665.2M $665.2M – $665.2M
|
$652,108 $652,108 – $652,108
|
-$1.7M -$1.7M – -$1.7M
|
-$3.6M -$3.6M – -$3.6M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 27, 2026 8:07am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +384.1% | +3,653.7% | +99.1% | -100.0% |
| Gross Profit Growth | +1,581.0% | +3,973.4% | +165.8% | -100.3% |
| Operating Income Growth | -53.1% | +88.8% | -27.5% | -324.5% |
| Net Income Growth | -76.4% | +74.8% | -21.0% | -997.8% |
| EBITDA Growth | -58.4% | +92.8% | +84.9% | -5,563.1% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-03-25 | Labkowski Joseph | 0.00 | $0.00 | $0 | |
| 2026-03-25 | Wortzman Jack | 0.00 | $0.00 | $0 | |
| 2026-03-25 | Posen Binyomin | 0.00 | $0.00 | $0 | |
| 2026-03-30 | Shensky Edward | A-Award | 26,876.00 | $0.47 | $12,500 |
| 2026-03-30 | Rubin Jeffrey Edward | A-Award | 26,876.00 | $0.05 | $1,250 |
| 2026-03-31 | Lazar David E. | A-Award | 5,740,000.00 | $0.14 | $819,672 |
| 2025-12-31 | Lazar David E. | M-Exempt | 410,000.00 | $0.14 | $58,548 |
| 2026-03-30 | NATAN DAVID | A-Award | 276,876.00 | $0.47 | $128,775 |
| 2026-02-12 | Goldfarb Claudia | A-Award | 94,555.00 | $0.35 | $33,094 |
| 2026-02-13 | Goldberg Yisroel | 0.00 | $0.00 | $0 | |
| 2026-02-12 | Goldfarb Ira | C-Conversion | 827,095.00 | $0.35 | $289,483 |
| 2026-02-12 | Goldfarb Ira | C-Conversion | 827,095.00 | $0.35 | $289,483 |
| 2026-01-15 | Goldfarb Ira | A-Award | 138,888.00 | $0.00 | $0 |
| 2026-01-15 | BERMAN LYLE | A-Award | 138,888.00 | $0.00 | $0 |
| 2025-12-31 | NATAN DAVID | 0.00 | $0.00 | $0 | |
| 2025-12-31 | Lazar David E. | A-Award | 1,500,000.00 | $0.14 | $214,200 |
| 2025-12-31 | Lazar David E. | 0.00 | $0.00 | $0 | |
| 2025-08-01 | Rubin Jeffrey Edward | 0.00 | $0.00 | $0 | |
| 2024-12-31 | Ludeman Chris | 0.00 | $0.00 | $0 | |
| 2025-06-05 | Guy Donna Lee | 7,500.00 | $0.77 | $5,775 |
Narrative Economics
market-narrative step).