Canadian company Sativus Tech Corp. is developing indoor growing technology for saffron — one of the world's most valuable spices — through its subsidiary Saffron Tech. The global saffron market is valued at $2.3 billion and is expected to reach $3.7 billion by 2032, making it an attractive target for controlled-environment agriculture.
For the year ended December 31, 2025, Sativus Tech recorded a net loss of $1.365M, wider than $1.020M in 2024, driven by research and development expenses of $694K and general and administrative costs of $366K. The balance sheet shows cash of only $32K, current liabilities of $3.838M, and a working capital deficit of $3.735M, alongside an accumulated deficit of $24.477M and shareholders' deficit of $3.500M.
The company is funded primarily by convertible loans and equity raised at the Saffron Tech level, with convertible loan principal of $2.451M plus $726K for embedded conversion features. The independent auditor highlights substantial doubt about Sativus Tech's ability to continue as a going concern, citing recurring losses, negative working capital and ongoing financing dependence.
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