Form 8-K
8-K — FLEXIBLE SOLUTIONS INTERNATIONAL INC
Accession: 0001493152-26-038935
Filed: 2026-08-18
Period: 2026-08-14
CIK: 0001069394
SIC: 2890 (MISCELLANEOUS CHEMICAL PRODUCTS)
Item: Other Events
Item: Financial Statements and Exhibits
Documents
8-K — form8-k.htm (Primary)
EX-99.1 (ex99-1.htm)
EX-99.2 (ex99-2.htm)
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of Report (date of earliest event reported): August 14, 2026
FLEXIBLE
SOLUTIONS INTERNATIONAL INC.
(Exact
name of Registrant as specified in its charter)
Alberta A0
001-31540
71
163 0889 71-1630889
(State
or other jurisdiction
(Commission
(Employer
of
incorporation)
File
No.)
Identification
No.)
6001
54 Ave.
Taber,
Alberta, Canada T1G 1X4
(Address
of principal executive offices, including Zip Code)
Registrant’s
telephone number, including area code: (250) 477-9969
N/A
(Former
name or former address if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under
any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement
communications pursuant to Rule 13e-14(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol
Name
of exchange on which registered
Common
Stock
FSI
NYSE
American
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§203.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§204.12b-2 of this chapter.
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
8.01 Other
Events
On
August 14, 2026, the Company issued a press release announcing its financial results for the second quarter ended June 30, 2026.
On
August 17, 2026 the Company held a conference call to discuss its financial results for the second quarter ended June 30, 2026, as well
as other information regarding the Company.
Item
9.01 Exhibits
Exhibit
Number
Description
of Document
99.1
August 14, 2026 Press Release
99.2
Text of remarks by Dan O’Brien – August 17, 2026 conference call
104
Cover
Page Interactive Data File (embedded within the Inline XBRL document)
2
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date:
August 17, 2026
FLEXIBLE
SOLUTIONS INTERNATIONAL INC.
By:
/s/
Daniel B. O’Brien
Daniel
B. O’Brien, President and Chief Executive Officer
3
EX-99.1
EX-99.1
Filename: ex99-1.htm · Sequence: 2
EXHIBIT
99.1
NEWS RELEASE
August 14, 2026
FSI
ANNOUNCES SECOND QUARTER, 2026 FINANCIAL RESULTS
A
Conference call is scheduled for Monday, AUGUST 17, 2026 11:00am Eastern Time
See
dial in number below
TABER,
ALBERTA, August 14, 2026 – FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE Amex: FSI), is the developer and manufacturer of biodegradable
polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions
also manufactures biodegradable and environmentally safe water and energy conservation technologies. FSI is also increasing its presense
in the food and nutrition supplement manufacturing markets. Today the Company announces financial results for second quarter ended June
30, 2026.
Mr.
Daniel B. O’Brien, CEO, states, “This quarter shows the costs of scaling the food grade contracts while the revenue from
scaling is not yet fully evident. It also shows the last of the training and development costs in our Panama plant, again, with the revenue
lagging the costs. Also, Q2 is the weakest quarter for our ENP division. Finally, the year earlier period had a $2.5 million R&D
payment that was not repeated in this year.”
Mr.
O’Brien continues, “We rarely give forward guidance. However, we would like to disclose; that we hope the Panama division
will contribute $3 million in revenue in Q3, that we hope that ENP division revenue will exceed $5 million for the coming quarter and
hope that, the NanoChem division will continue to scale the food product contracts resulting in NanoChem revenue exceeding $4 million
in Q3.”
● Sales
for the second quarter (Q2) were $7,610,148 down approximately 14% when compared to sales
of $8,867,132 in the corresponding period a year ago.
● Q2,
2026 net loss was $1,912,967, or ($0.15) compared to a net income of $2,028,912, or $0.16
per share, in Q2, 2025.
● Basic
weighted average shares used in computing earnings per share amounts were 12,744,311 and
12,647,532 for Q2, 2026 and Q2, 2025 respectively. See the financials for diluted share count.
The
NanoChem division and ENP subsidiary continue to be the dominant sources of revenue and cash flow for the Company. New opportunities
continue to unfold in detergent, water treatment, oil field extraction, turf, ornamental and agricultural use to further increase sales
in these divisions. More recently, opportunities in the food and nutrition supplement manufacturing markets have emerged.
Conference
call
A
conference call has been scheduled for 11:00 am Eastern Time, 8:00 am Pacific Time, on Monday August 17th, 2026. CEO,
Dan O’Brien will be presenting and answering questions on the conference call. To participate in this call please dial 1-888-999-5318
(or 1-848-280-6460) just prior to the scheduled call time. To join the call participants will be requested to give their name and company
affiliation. The conference ID: SOLUTIONS and/or call title Flexible Solutions International – Second Quarter,
2026 Financials may be requested
FLEXIBLE
SOLUTIONS INTERNATIONAL, INC.
consolidated
Statement of Operations
For
Three Months Ended June 30, 2026 and 2025
THREE MONTHS ENDED June 30
2026
2025
Revenue from product sales
$ 7,610,148
$ 8,867,132
Income (loss) before income tax – GAAP
$ (2,339,928 )
$ 3,161,390
Provision for Income tax (expense) benefit – net - GAAP
$ 474,397
$ (1,016,156 )
Net income (loss) - GAAP
$ (1,912,967 )
$ 2,028,912
Net income (loss) per common share – basic. – GAAP
$ (0.15 )
$ 0.16
3 month weighted average shares used in computing per share amounts – basic.- GAAP
12,744,311
12,647,532
Notes
to the financials
The
Company will no longer be providing any non-GAAP numbers or calculations.
Safe
Harbor Provision
The
Private Securities Litigation Reform Act of 1995 provides a “Safe Harbor” for forward-looking statements. Certain of the
statements contained herein, which are not historical facts, are forward looking statement with respect to events, the occurrence of
which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various
factors. Information concerning potential factors that could affect the company is detailed from time to time in the company’s
reports filed with the Securities and Exchange Commission.
Flexible
Solutions International
6001
54th Ave, Taber, Alberta, CANADA T1G 1X4
Company
Contacts
Jason
Bloom
Toll
Free: 800 661 3560
Fax:
403 223 2905
E-mail:
info@flexiblesolutions.com
If
you have received this news release by mistake or if you would like to be removed from our update list please reply to: info@flexiblesolutions.com
To
find out more information about Flexible Solutions and our products, please visit www.flexiblesolutions.com.
EX-99.2
EX-99.2
Filename: ex99-2.htm · Sequence: 3
EXHIBIT
99.2
Q2
2026
Good
morning. I’m Dan O’Brien, CEO of Flexible Solutions.
Safe
Harbor provision:
The
Private Securities Litigation Reform Act of 1995 provides a “Safe Harbor” for forward-looking statements. Certain of the
statements contained herein, which are not historical facts, are forward looking statements with respect to events, the occurrence of
which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various
factors. Information concerning potential factors that could affect the company is detailed from time to time in the company’s
reports filed with the Securities and Exchange Commission.
Welcome
to the FSI conference call for Second Quarter 2026.
I
will start by reviewing our Company condition and our product lines, along with what we think might occur in Q3 and Q4 2026. I will comment
on our financials in the second part of the speech.
NanoChem
division: NCS is one of three major revenue sources for FSI. In 2022, NCS started food grade operations. By the end of 2026, we expect
that NCS will be 100% focused on food grade products. Growth in the NCS division will be in food and nutraceuticals only. The IL plant
is FDA and SQF certified. We have commercialized two food products. The first was a wine additive, based on polyaspartates.
In
August 2025, we announced our second major food grade contract of 2025, our third overall. As noted in the news release, it is a 5-year
contract with protection from tariffs and inflation. It has a minimum revenue of $6.5 MM per year.
This
contract has reached full production and is being optimized to ensure that it is profitable.
In
January 2025, we announced our largest food grade contract. Volume production started very late in Q2 and will be increased weekly until
full production is achieved. Significant revenue from this contract will be visible in our Q3 financials and will increase rapidly in
Q4.
Growing
these two food contracts to the estimated maximum revenues of greater than $50 million per year is our critical goal for the next 4 -
6 quarters. We hope to execute this to the customers’ absolute satisfaction and obtain all their business before taking on additional
major projects.
This
does not mean that we are not looking for more customers. We are already doing R&D work in certain areas. However, it does mean that
several quarters are likely to elapse before other major customers are announced.
We
would also like to be clear regarding margins in the food division. In order to obtain such large contracts and in order to negotiate
tariff and inflation protection clauses, we have lower margins than we prefer. We hope to be in the 22-25% range before tax. Future customers
will be selected in order to increase our average margins now that we have a base in place.
1
Panama
Division: This division, our second major revenue source, makes thermal poly-aspartic acid, called TPA for short, a biodegradable
polymer with many valuable uses. Panama also manufactures SUN 27™ and N Savr 30™ which are used to reduce nitrogen fertilizer
loss from soil. Panama is taking over production of all the legacy industrial and agriculture products historically made by NCS. This
is a step-by-step process that will be complete by the end of 2026.
TPA
is used in agriculture to significantly increase crop yield. TPA is a biodegradable way of treating oilfield water for scale prevention.
It is also sold as a biodegradable ingredient in cleaning products, and as a water treatment chemical.
In
Q2, Panama production increased. However, the poor performance by the FL LLC and poor agriculture sales impacted revenue. Q3 has been
much better as a result of selling direct to the historic Fl LLC customers and orders from legacy NanoChem customers. We expect Panama
to be a strong contributor to revenue and profits in Q3 and thereafter.
Our
Panama factory results in reduced shipping times and no exposure to US tariffs on international sales could allow us to increase sales
to existing customers and obtain new customers.
ENP
Division: ENP is our third major source of revenue. ENP is focused on sales into the greenhouse, turf and golf markets. ENP grew
in 2025 and growth is expected again in 2026. Q2 is a weak quarter and was very weak this year. Q3 is already showing a significant rebound.
Agricultural
products in the US remain under extreme pressure; crop prices are still not increasing at the rate of inflation and extreme uncertainty
is present due to tariff changes, energy costs and fertilizer scarcity. Growers are facing a conflict between rising costs and low crop
prices, aggravated by political actions and war. In some cases, sales are lost for the whole season. As a result, we saw weakness in
Q2 and expect 2026 to be another difficult year.
The
Florida LLC investment: In August 2024 the Company sold 30.1% of the equity in the FL LLC to an acquirer for $2 million and five
annual payments of $800,000. The acquirer was unable to fund the annual payments. As a result, the Company has been granted the perpetual,
exclusive rights to 4 agricultural products and the IP of those products in the exclusive territory. The territory is defined as South
of the Mexico/US border including all of Central America, South America and the Caribbean. We have been making these products for these
countries for a decade and believe that now that we have sales rights for them, lost sales can be recovered and the historic revenue
we saw from the FL LLC investment can be realized again. Full revenue recovery will not be immediate but, we have made progress already.
This revenue will be evident in Q3.
Tariffs:
The current tariff on all our imports of raw materials from China into the US is between 15% and 58.5% depending on the material.
Shipping
and Inventory: Shipping prices are not stable. Shipping times are longer than usual on the routes we use. These issues are caused
by the Iran war and are expected to subside if the war does.
2
Raw
material prices are unstable and increasing to account for the oil prices caused by the Iran war. We have significant inventory of most
raw materials but anticipate that we will have to raise prices to our customers in third or fourth quarter unless there is a significant
reduction in the price of oil that reduces our raw material costs.
Highlights
of the financial results:
Sales
for the quarter decreased by 14% compared with Q2 2025; $7.60 MM vs $8.87 MM. The 2025 quarter included $2.5 million of irregular revenue
from R&D activity which did not recur in 2026. With this removed, recurring revenue was higher year over year.
Profits:
2026 recorded a loss of $1.91 million or 15 cents per share compared to a gain of $2.03 million or 16 cents per share in 2025.
Costs
incurred in scaling up the food grade contracts announced in January and August negatively affected Q2 profits because they are expensed
as they occur. Scale up costs for the Panama factory are also expensed quarter by quarter. This continued in Q2 2026 in Panama and for
food products in IL at lower levels but without sufficient revenue to avoid losses. We anticipate a return to profitability in Q3 2026
followed by rapidly increasing profits in Q4.
Long-term
debt: We continue to pay down our long-term debt according to the terms of the loans. Only one small term-loan and the small mortgage
on our IL factory remain.
Working
capital is adequate for all our purposes. We have lines of credit with Stock Yards Bank for the ENP and NCS subsidiaries. We are
confident that we can execute our plans with our existing capital and without resorting to any equity actions.
The
text of this speech will be available as an 8K filing on www.sec.gov by Tuesday August 18th. Email copies can be requested
from Jason Bloom at Jason@flexiblesolutions.com. Thank you, the floor is open for questions.
3
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