Core Insights - Flexible Solutions International, Inc. (FSI) has received a payment of US$2.5 million for its assistance in developing a new food-grade product, indicating successful R&D efforts [1][2][3] - The company is expanding its presence in the food and nutrition supplement manufacturing markets, having obtained FDA food grade approval for its Peru IL plant in 2022 [3] Financial Highlights - The payment of US$2.5 million was received on July 1, 2025, with potential for additional payments in the future related to the product development assistance [2] - Future business opportunities may arise for FSI's NCS division in manufacturing the new food-grade product, although any announcements regarding this will occur at a later date [2] Company Overview - FSI specializes in biodegradable polymers for various applications, including oil extraction, detergents, water treatment, and crop nutrient availability [1] - The company's NanoChem Solutions Inc. subsidiary focuses on biodegradable, water-soluble products made from thermal polyaspartate (TPA) biopolymers, which have diverse applications [3] - FSI also manufactures energy and water conservation products for multiple markets, including drinking water, agriculture, and industrial sectors [3]

Core Viewpoint - Flexible Solutions International, Inc. reported a significant decline in sales and net income for the first quarter of 2025 compared to the same period in 2024, primarily due to lower sales volume and increased costs, while also highlighting recovery in order patterns and new market opportunities [2][3][5]. Financial Performance - Q1 2025 sales were $7,473,692, down approximately 19% from $9,224,872 in Q1 2024 [5][6]. - The net loss for Q1 2025 was ($277,734), or ($0.02) per share, compared to a net income of $457,226, or $0.04 per share in Q1 2024 [5][6]. - Non-GAAP operating cash flow for Q1 2025 was $480,268, or $0.04 per share, down from $1,382,874, or $0.11 per share in Q1 2024 [5][6]. Revenue Sources and Market Opportunities - The NanoChem division and ENP subsidiary remain the primary sources of revenue and cash flow for the company [3]. - New opportunities are emerging in various sectors including detergent, water treatment, oil field extraction, turf, ornamental, and agricultural use, as well as in food and nutrition supplement manufacturing [3][5]. Conference Call Information - A conference call is scheduled for May 16, 2025, at 11:00 AM Eastern Time, where CEO Dan O'Brien will present and answer questions regarding the financial results [4].

Company Overview - Flexible Solutions International, Inc. (FSI) is a developer and manufacturer of biodegradable polymers for various applications including oil extraction, detergent ingredients, water treatment, and crop nutrient availability [1][3] - The company also produces biodegradable and environmentally safe technologies for water and energy conservation, and is expanding into the food and nutrition supplement manufacturing markets [1][3] Financial Highlights - FSI announced a special dividend of ten cents per share, to be paid on May 28 to shareholders of record on May 19 [2] - CEO Dan O'Brien stated that the company's current financial condition and expectations of continued profitability allow for this special dividend, emphasizing that it is not a regular dividend [2] Product and Market Expansion - The company's subsidiary, NanoChem Solutions Inc., specializes in biodegradable, water-soluble products made from thermal polyaspartate (TPA) biopolymers, which have applications in scale inhibition, detergents, water treatment, and crop enhancement [3] - In 2022, FSI entered the food and nutrition markets by obtaining FDA and SQF food grade approval for its Peru IL plant, indicating a strategic move to diversify its product offerings [3]