Karbon-X Corp.
- KARX ยท OTC
- Perfumes, Cosmetics & Other Toilet Preparations
- Bellaire, TX
- 43 employees
- CIK 0001729637
Updated from SEC filings through
Top things to know
Revenue, FY2026$55.9M+1665.6% vs FY2025Operating margin-19.8%Operating income -$11.1MEmployees43As of May 31, 2026Next earningsJanuary 19, 2027AnnouncedLatest 8-KDeparture or appointment of directors or officers; compensationFiled November 6, 2026Leadership changeItem 5.02 filedNovember 6, 2026, last 90 days
Executives
- Chad Clovis Chief Executive Officer 10-Q, 2026-10-20
- Adriana Ebell Chief Financial Officer (Principal Financial Officer) 10-Q/A, 2026-10-21
Karbon-X Corp. is a U.S. public company in perfumes, cosmetics & other toilet preparations (SIC 2844), headquartered in Bellaire, TX. It trades as KARX on OTC. Revenue was $55.9M in the fiscal year ending May 31, 2026, +1665.6% from the year before. It reported about 43 employees. Chad Clovis is Chief Executive Officer.
Five-year financials
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | $55.9M 10-K, 2026-09-15 | $3.2M 10-K, 2026-09-15 | $412K 10-K/A, 2025-09-17 | $10K 10-K, 2024-09-13 | $0 10-K, 2023-09-13 |
| Operating income | -$11.1M 10-K, 2026-09-15 | -$6.6M 10-K, 2026-09-15 | -$1.5M 10-K/A, 2025-09-17 | -$2.0M 10-K, 2024-09-13 | -$239K 10-K, 2023-09-13 |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | -$13.6M 10-K, 2026-09-15 | -$7.1M 10-K, 2026-09-15 | -$2.7M 10-K/A, 2025-09-17 | -$2.0M 10-K, 2024-09-13 | -$235K 10-K, 2023-09-13 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Chad Clovis | Chief Executive Officer | 10-Q, 2026-10-20 |
| Adriana Ebell | Chief Financial Officer (Principal Financial Officer) | 10-Q/A, 2026-10-21 |
Shares and governance
| Shares outstanding | 109.2 million (as of October 15, 2026) | 10-Q/A, October 21, 2026 |
|---|---|---|
| Public float | $31.9M (as of November 30, 2025) | 10-K, September 15, 2026 |
| Auditor | Fruci & Associates II, PLLC (Spokane, Washington) | Latest 10-K |
Recent 8-K events
- 8-K filed 2026-11-06
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-06-25
- 8-K filed 2026-06-05
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2025-08-22
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2025-06-30
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2025-02-18
- Item 8.01 Other events
- 8-K filed 2024-10-30
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2024-06-25
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2024-06-20
- Item 8.01 Other events
- 8-K filed 2023-06-07
- Item 8.01 Other events
Frequently asked questions about Karbon-X Corp.
- What does Karbon-X Corp. do?
- Karbon-X Corp. is classified by the SEC as Perfumes, Cosmetics & Other Toilet Preparations (SIC 2844). It is based in Bellaire, TX.
- What is Karbon-X Corp.'s revenue?
- $55.9M for the fiscal year ending May 31, 2026, from its 10-K filed September 15, 2026.
- Is Karbon-X Corp. profitable?
- Karbon-X Corp. reported net income of -$13.6M for the fiscal year ending May 31, 2026.
- How many employees does Karbon-X Corp. have?
- About 43 as of May 31, 2026, as stated in its annual report.
- Who is the CEO of Karbon-X Corp.?
- Chad Clovis, Chief Executive Officer, as named in a 10-Q filed October 20, 2026.
- Who is the CFO of Karbon-X Corp.?
- Adriana Ebell, Chief Financial Officer (Principal Financial Officer), as named in a 10-Q/A filed October 21, 2026.
- Where is Karbon-X Corp. headquartered?
- Bellaire, TX.
- What is Karbon-X Corp.'s stock ticker?
- KARX on OTC.
- What industry is Karbon-X Corp. in?
- Perfumes, Cosmetics & Other Toilet Preparations, SIC code 2844.
- What is Karbon-X Corp.'s website?
- karbonx.co. Investor relations: https://www.karbon-x.com/investors.
- When does Karbon-X Corp. report earnings next?
- January 19, 2027. Source: estimate_10q_cadence.
- Is Karbon-X Corp. a public company?
- Yes. Karbon-X Corp. files with the SEC under CIK 0001729637 and trades as KARX.
- Who audits Karbon-X Corp.?
- Fruci & Associates II, PLLC, Spokane, Washington, as named in its latest annual report (10-K).
- How many shares of Karbon-X Corp. are outstanding?
- 109.2 million shares as of October 15, 2026, from its 10-Q/A filed October 21, 2026.
- What is Karbon-X Corp.'s public float?
- $31.9M as of November 30, 2025, as reported on the cover of its 10-K filed September 15, 2026.