Formation Minerals

Formation Minerals Equity

The The Equity of Formation Minerals (FOMI) as of Nov 4, 2026 is -833,612.00 USD. In the previous year, The Equity was -1.10 M USD — a change of -24.47% (higher).

Equity

-833,612.00USD

YoY

-24.47%

Last updated:

In 2024, Formation Minerals's equity was -833,612.00 USD, a -24.47% increase from the -1.10 M USD equity in the previous year.

The Formation Minerals Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Equity
Date
Equity
Jan 1, 2021
709,606.00 USD
Jan 1, 2022
418,243.00 USD
Jan 1, 2023
-1.10 M USD
Jan 1, 2024
-833,612.00 USD
The Formation Minerals Equity history
YEAREquityYoY
-833,612.00USD-24.47%
-1.10 MUSD-363.88%
418,243.00USD-41.06%
709,606.00USD—

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Formation Minerals Stock analysis

What does Formation Minerals do? SensaSure Technologies, Inc. generates revenue by commercializing its ExaBreath (EB) device and method, which are designed to transform the collection of biological samples for lab-based analysis. The company focuses on supplying a non-invasive solution that collects, extracts, detects, and identifies non-volatile compounds present in every exhaled breath. This approach utilizes existing lab-based testing infrastructure and procedures, allowing the firm to offer a product that enhances the user experience across various applications and markets. The primary value proposition lies in the ability to detect a range of exogenous substances, including drugs of abuse, therapeutic drugs, and performance-enhancing drugs, without requiring invasive collection methods. The company targets specific segments such as workplace drug testing, anti-doping in sports, law enforcement, e-health, and telemedicine. By applying its ExaBreath methodology to toxicology, pharmacology, and clinical biochemistry, SensaSure Technologies, Inc. provides a tool for disease detection, exposure monitoring, and drug metabolism analysis. The firm's offerings are tailored to meet the needs of these diverse sectors, ensuring that the device can effectively identify narcotics, antibiotics, and stimulants. This broad applicability allows the company to serve multiple industries that require reliable and non-invasive chemical detection in breath samples. Revenue is driven by the commercialization of the ExaBreath product, which is marketed to entities involved in the aforementioned segments. The company leverages its headquarters in New York City, New York, to support its operations and distribution of the device and method. By focusing on the validation and development of the ExaBreath technology, SensaSure Technologies, Inc. positions itself as a provider of innovative solutions for biological sample collection. The firm's strategy centers on expanding the use of its non-invasive testing methodology across different markets, thereby creating multiple revenue streams from the sale and licensing of its technology. Formation Minerals is one of the most popular companies on Eulerpool.

Equity Details

Analyzing Formation Minerals's Equity

Formation Minerals's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Formation Minerals's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Formation Minerals's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Formation Minerals's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Formation Minerals’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Formation Minerals stock

The Equity of Formation Minerals is -833,612.00 USD in 2024.

The Equity of Formation Minerals changed from -1.10 M USD to -833,612.00 USD, representing a -24.47% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of The Equity Formation Minerals since 2006 – with annual values, charts, and detailed analysis.

The Equity's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track The Equity's Formation Minerals historically and in real time.

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Balance Sheet — Formation Minerals

All Key Metrics — Formation Minerals