Solesence Inc's Business Segments

The company provides engineered materials, formulation development, and commercial manufacturing through integrated technologies, specializing in materials engineering for coating and dispersing particles at nano and non-nano scales. Its products serve various skin health markets, including sunscreens, prestige skin care, and cosmetics, marketed through its Solésence beauty science subsidiary. Additionally, the company sells advanced materials in legacy markets such as architectural coatings, industrial coatings, abrasion-resistant additives, plastics additives, and medical diagnostics ingredients, although demand for diagnostics ingredients has declined. The company focuses on skin health products and diagnostic life sciences ingredients, offering mineral-based solutions. It collaborates closely with customers to address material and performance requirements, marketing materials to end-use manufacturers and Solésence products to cosmetics and skin care brands. A key innovation is the patented Active Stress Defense™ Technology, comprising three proprietary mineral-based technologies that enhance product performance and aesthetics, with initial revenues recognized in 2016. The company continues to develop new intellectual property aligned with environmental protection and market demands. While primarily focused on North America, it also sells internationally and is expanding its foreign market presence. The company’s securities trade on Nasdaq under the symbol SLSN, having previously traded on OTCQB as NANX. Product sales represent the majority of revenue, with other revenue sources being minor and not expected to drive long-term growth.