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NASC Stock Analysis 2026 - Can B Corp AI Rating

NASC OTC Wholesale-Drugs, Proprietaries & Druggists' Sundries FL CIK: 0001509957
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2024-09-30
STRONG SELL
95% Conf
Pending
Analysis scheduled

📊 NASC Key Takeaways

Revenue: $656.7K
Net Margin: -1,744.1%
Free Cash Flow: $80.0K
Current Ratio: 0.14x
Debt/Equity: N/A
EPS: $-0.22
AI Rating: STRONG SELL with 95% confidence

Is NASC a Good Investment? Thesis Analysis

Claude

Can B Corp is technically insolvent with negative stockholders' equity of -9.8M against total assets of only 1.9M, coupled with a severe liquidity crisis (0.14x current ratio) and only 7.9K cash on hand. The company is burning cash operationally despite a 67.8% revenue collapse and negative gross margins (-246.4%), indicating structural unprofitability and likely insolvency or restructuring risk.

Why Buy NASC? Key Strengths

Claude
  • + Operating cash flow remains positive at 95K despite negative net income
  • + Net loss improving trend year-over-year (down 34.8%)
  • + Positive free cash flow of 80K with 12.2% FCF margin suggesting some operational efficiency

NASC Investment Risks to Consider

Claude
  • ! Negative stockholders' equity (-9.8M) indicates technical insolvency and balance sheet collapse
  • ! Catastrophic liquidity position with current ratio of 0.14x and cash reserves of only 7.9K
  • ! Negative gross margins (-246.4%) indicating company loses money on every unit sold
  • ! Revenue collapsed 67.8% year-over-year suggesting fundamental business deterioration
  • ! Long-term debt of 3.2M exceeds total assets of 1.9M with interest coverage of -19.9x
  • ! Zero insider Form 4 filings in 90 days indicates no management confidence

Key Metrics to Watch

Claude
  • * Gross margin stabilization and return to positive contribution per unit
  • * Cash burn rate and months of liquidity remaining
  • * Revenue stabilization or inflection point
  • * Debt restructuring announcements or refinancing developments
  • * Operating cash flow sustainability

NASC Financial Metrics

Revenue
$656.7K
Net Income
$-11.5M
EPS (Diluted)
$-0.22
Free Cash Flow
$80.0K
Total Assets
$1.9M
Cash Position
$7.9K

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

NASC Profitability Ratios

Gross Margin -246.4%
Operating Margin -1,531.2%
Net Margin -1,744.1%
ROE N/A
ROA -617.0%
FCF Margin 12.2%

NASC vs Default Sector

How Can B Corp compares to Default sector averages

Net Margin
NASC -1,744.1%
vs
Sector Avg 12.0%
NASC Sector
ROE
NASC 0.0%
vs
Sector Avg 15.0%
NASC Sector
Current Ratio
NASC 0.1x
vs
Sector Avg 1.8x
NASC Sector
Debt/Equity
NASC 0.0x
vs
Sector Avg 0.7x
NASC Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is NASC Overvalued or Undervalued?

Based on fundamental analysis, Can B Corp has mixed fundamental signals relative to the Default sector in 2026.

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
-1,744.1%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

NASC Balance Sheet & Liquidity

Current Ratio
0.14x
Quick Ratio
0.12x
Debt/Equity
N/A
Debt/Assets
627.3%
Interest Coverage
-19.86x
Long-term Debt
$3.2M

NASC 5-Year Financial Trend & Growth Analysis

NASC 5-year financial data: Year 2019: Revenue $2.3M, Net Income -$4.1M, EPS N/A. Year 2020: Revenue $2.3M, Net Income -$5.9M, EPS $-2.20. Year 2021: Revenue $4.6M, Net Income -$8.9M, EPS N/A. Year 2022: Revenue $6.7M, Net Income -$12.2M, EPS N/A. Year 2023: Revenue $6.7M, Net Income -$14.9M, EPS $-4.18.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Can B Corp's revenue has grown significantly by 190% over the 5-year period, indicating strong business expansion. The most recent EPS of $-4.18 indicates the company is currently unprofitable.

NASC Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
12.2%
Free cash flow / Revenue

NASC Quarterly Performance

Quarterly financial performance data for Can B Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2024 $15.3K -$3.3M $-0.05
Q2 2024 $272.3K -$2.0M $-0.04
Q1 2024 $316.7K -$1.7M $-0.13
Q3 2023 $419.0K -$4.2M $-0.36
Q2 2023 $420.6K -$1.6M $-0.37
Q1 2023 $939.3K -$1.7M N/A
Q3 2022 $1.9M -$3.2M N/A
Q2 2022 $401.8K -$1.6M N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

NASC Capital Allocation

Operating Cash Flow
$95.0K
Cash generated from operations
Stock Buybacks
$560.0K
Shares repurchased (TTM)
Capital Expenditures
$15.0K
Investment in assets
Dividends
None
No dividend program

NASC SEC 10-K & 10-Q Filing Analysis

Access official SEC EDGAR filings for Can B Corp (CIK: 0001509957)

📋 Recent SEC Filings

Date Form Document Action
Nov 19, 2024 10-Q form10-q.htm View →
Oct 28, 2024 8-K form8-k.htm View →
Aug 19, 2024 10-Q form10-q.htm View →
Jul 17, 2024 10-Q/A form10-qa.htm View →
Jun 18, 2024 8-K form8-k.htm View →

Frequently Asked Questions about NASC

What is the AI rating for NASC?

Can B Corp (NASC) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.

What are NASC's key strengths?

Claude: Operating cash flow remains positive at 95K despite negative net income. Net loss improving trend year-over-year (down 34.8%).

What are the risks of investing in NASC?

Claude: Negative stockholders' equity (-9.8M) indicates technical insolvency and balance sheet collapse. Catastrophic liquidity position with current ratio of 0.14x and cash reserves of only 7.9K.

What is NASC's revenue and growth?

Can B Corp reported revenue of $656.7K.

Does NASC pay dividends?

Can B Corp does not currently pay dividends.

Where can I find NASC SEC filings?

Official SEC filings for Can B Corp (CIK: 0001509957) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is NASC's EPS?

Can B Corp has a diluted EPS of $-0.22.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is NASC a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Can B Corp has a STRONG SELL rating with 95% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is NASC stock overvalued or undervalued?

Valuation metrics for NASC: ROE of N/A (sector avg: 15%), net margin of -1,744.1% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy NASC stock in 2026?

Our dual AI analysis gives Can B Corp a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is NASC's free cash flow?

Can B Corp's operating cash flow is $95.0K, with capital expenditures of $15.0K. FCF margin is 12.2%.

How does NASC compare to other Default stocks?

Vs Default sector averages: Net margin -1,744.1% (avg: 12%), ROE N/A (avg: 15%), current ratio 0.14 (avg: 1.8).

Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2024-09-30 | Powered by Claude AI