Ricebran Technologies (RIBT): Modelo de negócios Canvas [Jan-2025 Atualizado]

No mundo dinâmico da inovação nutricional, as tecnologias de Ricebrana (RIBT) surgem como uma força transformadora, transformando subprodutos agrícolas em ingredientes nutricionais de alto valor que preenchem a lacuna entre a agricultura sustentável e as soluções de saúde de ponta. Ao alavancar a tecnologia proprietária de estabilização de farelo de arroz, a empresa criou um modelo de negócios sofisticado que não apenas fornece ingredientes alimentares funcionais premium, mas também cria valor em vários segmentos de mercado, desde suplementos alimentares a pesquisas nutracêuticas. Descubra como a abordagem estratégica da RIBT está revolucionando a maneira como percebemos e utilizamos o potencial inexplorado de Rice Bran.

Ricebran Technologies (RIBT) - Modelo de negócios: Parcerias -chave

Instituições de Pesquisa Agrícola

A Ricebran Technologies colabora com instituições de pesquisa para promover as tecnologias de processamento de farelo de arroz.

Parceiro de pesquisa	Área de foco	Detalhes da colaboração
Texas A&M Agrilife Research	Otimização nutricional de farelo de arroz	Pesquisa conjunta sobre técnicas de extração enzimática
Universidade da Califórnia Davis	Desenvolvimento funcional de alimentos	Estudos de biodisponibilidade de nutrientes

Fabricantes de ingredientes alimentares

Parcerias estratégicas com fabricantes de ingredientes alimentares para aditivos nutricionais.

• Cargill Incorporated: Cadeia de suprimentos para ingredientes nutricionais
• Kerry Group: Desenvolvimento funcional de ingredientes alimentares
• Ingredion Incorporated: Processamento especializado de ingrediente de farelo de arroz

Fornecedores de equipamentos agrícolas

Parcerias críticas para processamento de tecnologia e equipamento.

Fornecedor de equipamentos	Tipo de equipamento	Valor anual do contrato
Grupo Bühler	Máquinas de extração	US $ 1,2 milhão
Grupo GEA	Equipamento de processamento	$850,000

Empresas de biotecnologia

Colaborações de desenvolvimento enzimático para processamento avançado de farelo de arroz.

• Novozimas A/S: Tecnologias de Processamento Enzimático
• Produtos nutricionais DSM: Desenvolvimento de enzimas de biotecnologia

Redes de Comércio Agrícola Internacional

Parcerias de Comércio Global para Distribuição de Ingredientes de Brangroz Rice.

Rede de negociação	Alcance geográfico	Volume de negociação anual
Olam International	Ásia-Pacífico, África	42.000 toneladas métricas
Louis Dreyfus Company	América do Norte, Europa	35.000 toneladas métricas

Ricebran Technologies (RIBT) - Modelo de negócios: Atividades -chave

Estabilização de farelo de arroz e aprimoramento nutricional

A Ricebran Technologies processa aproximadamente 45.000 toneladas de farelo de arroz anualmente por meio de tecnologias de estabilização proprietária.

Parâmetro de tecnologia	Especificação
Duração do processo de estabilização	Menos de 60 minutos
Redução de oxidação	Mais de 95% de inativação da enzima
Extensão da vida útil	Até 12 meses

Pesquisa e desenvolvimento de produtos

Investimento anual de P&D de US $ 2,3 milhões focados no desenvolvimento de ingredientes nutricionais.

• 3 Aplicações de patentes ativas em tecnologias de ingredientes nutracêuticos
• Colaboração de pesquisa com 2 centros de pesquisa em nutrição universitária
• Desenvolvimento de 4 novos produtos derivados de farelo de arroz em 2023

Fabricação de ingredientes nutracêuticos

Métrica de fabricação	Capacidade anual
Concentrado de proteína de farelo de arroz	1.200 toneladas métricas
Óleo de farelo de arroz	800 toneladas métricas
Pó de farelo de arroz estabilizado	2.500 toneladas métricas

Controle de qualidade e teste de segurança alimentar

Implementado ISO 22000: 2018 Sistema de gerenciamento de segurança alimentar com certificação anual de terceiros.

• 24 pontos de verificação de controle de qualidade por lote de produção
• Teste microbiológico para 6 parâmetros de controle críticos
• Triagem de metal pesado com limites de detecção de elementos de rastreamento abaixo de 0,1 ppm

Distribuição do mercado global de derivados de farelo de arroz

Mercado geográfico	Porcentagem de distribuição
América do Norte	42%
Europa	28%
Ásia -Pacífico	22%
Outras regiões	8%

Ricebran Technologies (RIBT) - Modelo de negócios: Recursos -chave

Tecnologia proprietária de estabilização de farelo de arroz

A Ricebran Technologies possui uma tecnologia patenteada de estabilização de farelo de arroz que impede a oxidação lipídica e preserva o valor nutricional. A partir de 2024, a empresa possui 3 patentes ativas relacionadas a essa tecnologia.

Tipo de patente	Número de patentes ativas	Duração da proteção de patentes
Estabilização do farelo de arroz	3	15-20 anos

Instalações de processamento e extração

A Companhia opera 2 instalações de processamento primário com uma capacidade anual de processamento anual combinada de 60.000 toneladas de farelo de arroz.

Localização da instalação	Capacidade de processamento	Investimento anual em atualizações de instalações
Texas, EUA	40.000 toneladas métricas	US $ 1,2 milhão
Califórnia, EUA	20.000 toneladas métricas	$750,000

Experiência técnica especializada

A Ricebran Technologies emprega 35 profissionais técnicos especializados com diplomas avançados em ciência nutricional e tecnologia de alimentos.

• Cientistas nutricionais de doutorado: 12
• Especialistas em tecnologia de alimentos: 15
• Especialistas em pesquisa e desenvolvimento: 8

Propriedade intelectual e patentes

O portfólio de propriedade intelectual total avaliado em US $ 4,5 milhões em 2024, com investimento em P&D em andamento de US $ 1,3 milhão anualmente.

Relacionamentos de fornecedores agrícolas

A Ricebran Technologies mantém relacionamentos com 47 parceiros agrícolas de arroz em 5 estados, cobrindo aproximadamente 85.000 acres de cultivo de arroz.

Estado	Número de parceiros agrícolas	Acres totais em cultivo
Texas	22	45,000
Califórnia	15	25,000
Arkansas	10	15,000

Ricebran Technologies (RIBT) - Modelo de negócios: proposições de valor

Ingredientes nutricionais de alta qualidade da Bran de arroz

Ricebran Technologies produz ingredientes de farelo de arroz com os seguintes nutricionais profile:

Nutriente	Concentração	Valor de mercado
Proteína	12-15%	Segmento de mercado global de US $ 78,6 milhões
Fibra	20-25%	US $ 4,2 bilhões no mercado de fibras alimentares
Antioxidantes	Oryzanol 1,5-2,5%	US $ 620 milhões no mercado de ingredientes antioxidantes

Compostos bioativos aprimorados para suplementos de saúde

Recursos de extração de compostos bioativos:

• Concentração Gamma-Ircanol: 2,3-3,1%
• Taxa de extração de ToCotrienol: 85-90%
• Capacidade anual de produção: 12.000 toneladas métricas

Transformação sustentável de resíduos agrícolas

Métricas de utilização de resíduos:

Métrica	Valor
Resíduos de farelo de arroz reciclados	68.000 toneladas métricas anualmente
Redução de carbono	3,2 toneladas métricas equivalentes por tonelada
Economia de água	1.200 litros por tonelada processada

Produtos nutricionais validados cientificamente

Investimentos de pesquisa e validação:

• Despesas de P&D: US $ 2,3 milhões anualmente
• Estudos científicos publicados: 17 publicações revisadas por pares
• Investimentos de ensaios clínicos: US $ 450.000 por estudo

Ingredientes alimentares funcionais com benefícios comprovados à saúde

Portfólio de ingredientes para benefício para a saúde:

Ingrediente	Benefício para a saúde	Valor do segmento de mercado
Óleo de farelo de arroz	Redução de colesterol	US $ 890 milhões
BRAN DE ARROZ ESTABILIZADO	Gerenciamento de açúcar no sangue	US $ 620 milhões
Concentrado da proteína do arroz	Recuperação muscular	US $ 420 milhões

Ricebran Technologies (RIBT) - Modelo de Negócios: Relacionamentos do Cliente

Equipe de vendas diretas para mercados de nutrição especializados

A partir de 2024, a Ricebran Technologies mantém uma equipe de vendas direta direcionada aos mercados de nutrição especializados com a seguinte composição:

Métrica da equipe de vendas	Dados quantitativos
Total de representantes de vendas	7 profissionais
Cobertura geográfica	América do Norte, Europa
Vendas anuais médias por representante	$475,000

Suporte técnico para aplicações de ingredientes

A infraestrutura de suporte técnico inclui:

• Equipe de suporte técnico dedicado de 3 especialistas
• Tempo de resposta: consulta técnica de 24 horas
• Canais de suporte ao cliente: email, telefone, videoconferência

Desenvolvimento de produtos colaborativos

Métricas de desenvolvimento colaborativo:

Métrica de colaboração	2024 dados
Projetos colaborativos ativos	5 parcerias em andamento
Instituições de pesquisa envolvidas	3 universidades
Investimento em pesquisa e desenvolvimento colaborativo	US $ 620.000 anualmente

Informações e documentação do produto on -line

Plataformas de engajamento digital de clientes:

• Site abrangente com folhas de dados técnicos
• Catálogo de produtos digitais com 42 especificações de ingredientes
• Tráfego mensal do site: 4.500 visitantes únicos

Engajamento regular do cliente por meio de conferências científicas

Métrica de engajamento da conferência	2024 Detalhes
Conferências participaram	7 Conferências de Nutrição Internacional
Orçamento anual da conferência	$185,000
Reuniões de clientes por conferência	Média de 12 a 15 interações direcionadas

Ricebran Technologies (RIBT) - Modelo de negócios: canais

Vendas diretas para fabricantes de alimentos

A Ricebran Technologies utiliza canais de vendas diretos direcionados às empresas de fabricação de alimentos. A partir de 2024, a empresa mantém uma equipe de vendas especializada focada na venda de ingredientes derivados de farelo de arroz diretamente para empresas de produção de alimentos.

Categoria de canal de vendas	Número de contatos diretos do fabricante	Volume de vendas anual estimado
Fabricantes de alimentos processados	47 contatos ativos	US $ 3,2 milhões
Compradores de ingredientes de padaria	29 contatos ativos	US $ 1,8 milhão

Distribuidores de ingredientes nutracêuticos

A empresa aproveita as parcerias estratégicas com redes de distribuição de ingredientes nutracêuticos para expandir o alcance do mercado.

• Parcerias de distribuidores nutracêuticos totais: 18
• Cobertura geográfica: América do Norte, Europa
• Receita anual de distribuição: US $ 5,6 milhões

Catálogos de produtos on -line

A Ricebran Technologies mantém catalogos de produtos digitais abrangentes acessíveis a clientes em potencial.

Plataforma de catálogo online	Visitantes mensais do site	Listagens de produtos de catálogo
Site da empresa	4.723 visitantes únicos	62 Produtos de ingredientes
Plataformas de compras do setor	2.156 visitantes únicos	38 Produtos de ingredientes

Conferências científicas e feiras

A Ricebran Technologies participa ativamente de eventos do setor para mostrar inovações de produtos.

• Participação anual da conferência: 7 eventos
• Geração estimada de leads: 143 contatos comerciais em potencial
• Investimento em feiras: US $ 247.000 anualmente

Plataformas de marketing digital

A empresa emprega estratégias de marketing digital direcionadas em vários canais on -line.

Canal de marketing digital	Métricas de engajamento	Gastos anuais de marketing
Rede Profissional do LinkedIn	12.400 seguidores	$89,000
Publicidade da indústria direcionada	387.000 impressões	$156,000

Ricebran Technologies (RIBT) - Modelo de negócios: segmentos de clientes

Fabricantes funcionais de alimentos

A Ricebran Technologies serve fabricantes funcionais de alimentos direcionados a segmentos de mercado específicos:

Segmento de mercado	Volume anual	Crescimento potencial
Alimentos enriquecidos com proteínas	US $ 42,3 milhões	7,5% CAGR
Produtos fortificados por fibra	US $ 28,6 milhões	6,2% CAGR

Empresas de suplementos alimentares

Os principais segmentos de clientes incluem:

• Fabricantes de suplementos de nutrição esportiva
• Produtores de suplementos de gerenciamento de peso
• Empresas nutracêuticas

Categoria de suplemento	Tamanho de mercado	Demanda de ingredientes
Nutrição esportiva	US $ 15,2 bilhões	12,4% de demanda anual de ingredientes
Gerenciamento de peso	US $ 8,7 bilhões	9,3% de demanda anual de ingredientes

Compradores de ingredientes nutricionais

A Ricebran Technologies fornece ingredientes nutricionais especializados com características específicas:

• Concentados de proteína de farelo de arroz
• Extratos de farelo de arroz estabilizado
• Frações de arroz ricas em micronutrientes

Tipo de ingrediente	Volume anual de vendas	Preço por quilograma
Proteína de farelo de arroz	1.250 toneladas métricas	US $ 22,50/kg
Extrato de farelo de arroz estabilizado	875 toneladas métricas	$ 18,75/kg

Desenvolvedores de produtos para saúde e bem -estar

Os segmentos de clientes incluem:

• Fabricantes de alimentos orgânicos
• Desenvolvedores de produtos à base de plantas
• Usuários de ingredientes de etiqueta limpa

Categoria de produto	Valor de mercado	Taxa de crescimento
Alimentos orgânicos	US $ 57,5 ​​bilhões	8,9% anualmente
Produtos à base de plantas	US $ 29,4 bilhões	11,2% anualmente

Pesquisadores de ciências agrícolas e de alimentos

Os segmentos de clientes focados na pesquisa incluem:

• Laboratórios de Nutrição Universitária
• Instituições de Pesquisa Governamental
• Centros de Pesquisa em Ciência de Alimentos Privados

Categoria de pesquisa	Financiamento anual de pesquisa	Interesse da pesquisa de ingredientes
Pesquisa nutricional	US $ 42,6 milhões	Derivados de farelo de arroz
Inovação agrícola	US $ 35,2 milhões	Desenvolvimento de ingredientes funcionais

Ricebran Technologies (RIBT) - Modelo de negócios: estrutura de custos

Aquisição de matéria -prima

Os custos de aquisição de matérias -primas da Ricebran Technologies para farelo de arroz e concentrado de farelo de arroz estabilizado em 2023 foram estimados em US $ 3,2 milhões anualmente.

Matéria-prima	Custo anual	Volume adquirido
Bran de arroz	US $ 2,1 milhões	4.200 toneladas métricas
BRAN DE ARROZ ESTABILIZADO	US $ 1,1 milhão	2.200 toneladas métricas

Despesas de pesquisa e desenvolvimento

As despesas de P&D para tecnologias de Ricebran em 2023 totalizaram US $ 1,5 milhão.

• Investimentos de inovação de produtos: US $ 850.000
• Pesquisa de melhoria de processos: US $ 450.000
• Estudos de ciências nutricionais: US $ 200.000

Custos de fabricação e processamento

As despesas totais de fabricação para 2023 foram de US $ 4,7 milhões.

Categoria de custo	Quantia	Percentagem
Depreciação do equipamento	US $ 1,2 milhão	25.5%
Custos de mão -de -obra	US $ 1,8 milhão	38.3%
Despesas de utilidade	$750,000	16%
Manutenção	$950,000	20.2%

Controle e teste de qualidade

As despesas de garantia da qualidade para 2023 foram de US $ 620.000.

• Equipamento de laboratório: US $ 250.000
• Salários do pessoal de teste: US $ 270.000
• Certificação e conformidade: US $ 100.000

Operações de marketing e vendas

As despesas de marketing e vendas para 2023 atingiram US $ 1,8 milhão.

Canal de marketing	Gastar	Alocação
Marketing digital	$650,000	36.1%
Participação na feira	$450,000	25%
Compensação da equipe de vendas	$700,000	38.9%

Ricebran Technologies (RIBT) - Modelo de negócios: fluxos de receita

Vendas de ingredientes nutricionais

A partir do quarto trimestre de 2023, a Ricebran Technologies relatou vendas totais de ingredientes nutricionais de US $ 12,4 milhões, representando um aumento de 7,2% em relação ao ano fiscal anterior.

Categoria de produto	Receita anual	Segmento de mercado
Derivados de farelo de arroz	US $ 8,6 milhões	Nutracêuticos
BRAN DE ARROZ ESTABILIZADO	US $ 3,8 milhões	Ingredientes alimentares

Licenciamento da tecnologia de estabilização

A Ricebran Technologies gera receita por meio de acordos de licenciamento de tecnologia, com a receita atual de licenciamento estimada em US $ 1,2 milhão anualmente.

• Acordos de licenciamento de tecnologia com 4 empresas de processamento de alimentos
• As taxas de licenciamento variam de US $ 250.000 a US $ 500.000 por contrato

Serviços de consultoria para fabricantes de alimentos

Os serviços de consultoria geraram US $ 750.000 em receita para o ano fiscal de 2023, com um valor médio de contrato de US $ 75.000 por engajamento.

Tipo de serviço de consultoria	Número de contratos	Receita total
Otimização do processo	6 contratos	$450,000
Aviso técnico	4 contratos	$300,000

Royalties de processos patenteados

A renda de royalties de processos de estabilização patenteada atingiram US $ 650.000 em 2023, com 3 acordos de licenciamento de patentes ativos.

Pesquisa e desenvolvimento contratados

As atividades de P&D contratadas contribuíram com US $ 1,5 milhão para a receita da Ricebran Technologies em 2023.

Tipo de projeto de P&D	Número de projetos	Valor médio do projeto
Desenvolvimento de ingredientes nutricionais	5 projetos	$750,000
Tecnologia de processamento de alimentos	3 projetos	$750,000

RiceBran Technologies (RIBT) - Canvas Business Model: Value Propositions

You're looking at the core value RiceBran Technologies (RIBT) offers to potential partners or acquirers as of late 2025, based on the latest available operational structure following significant asset sales. The value proposition is now heavily weighted toward its remaining assets and strategic positioning.

Access to significant tax assets (NOLs) for a strategic acquirer

This proposition centers on the potential for a buyer to utilize the company's accumulated tax attributes. While specific Net Operating Loss (NOL) carryforwards as of late 2025 aren't publicly itemized in the latest filings, the context of the strategic review initiated in late 2023 suggests this is a key component of the residual entity's value. The sale of the Stabilized Rice Bran (SRB) Business in June 2023 for $1.8 million cash, alongside the assumption of $1.7 million in liabilities, was part of a process to streamline the business, making the remaining entity potentially more attractive for its tax basis. The $4.1 million loan secured in December 2023 from Funicular Funds, LP, alongside a $0.4 million equity investment, provided stability to advance this strategic process. This asset class is a pure financial benefit for an entity with sufficient taxable income.

Niche, non-GMO, clean-label small grain ingredients (barley, oats, mustard)

The operational core remaining focuses on specialty grain processing. RiceBran Technologies operates a grain mill and processing facility in East Grand Forks, Minnesota, which specializes in processing these specific small grains. This facility is the source of the value proposition here. The company markets its products under the RiceBran brand across several sectors. The focus is clearly on ingredients that meet specific clean-label and non-GMO demands in the market. The company had 35 employees as of the last reported count, supporting this focused operation.

High-quality, domestically sourced ingredients for food and animal feed

The ingredients produced-barley products, oats products, and mustard-are marketed to the food, companion animal, and equine feed industries. The domestic sourcing aspect is a quality differentiator for customers concerned with supply chain transparency and security. You see the revenue concentration, which indicates the importance of key relationships in this supply chain. The table below summarizes the last fully reported financial performance, which frames the scale of the current ingredient business.

Metric	Value (2023)	Comparison/Context
Revenue from Continuing Operations	$22.65 million	Down -15.00% from 2022's $26.65 million
Net Loss	-$17.56 million	123.5% larger loss than 2022
Top 3 Customers Concentration	48.4% of revenue	Indicates high reliance on a few buyers
Top 10 Customers Concentration	75.1% of revenue	Accounts Receivable concentration was 86.1%

Functional ingredients for nutraceuticals and specialty wellness markets

While the dedicated SRB business, which served the nutraceutical and functional ingredient categories, was sold, the remaining portfolio still targets these high-value segments with its specialized grain offerings. The company's product portfolio includes rice bran, barley products, and oats products, which are ideal for various bakery applications and the broader wellness space. The strategic divestiture in mid-2023 suggests a pivot or refinement of focus, but the expertise and remaining processing capability still cater to markets demanding functional attributes from ingredients.

The remaining value propositions are concentrated in these areas:

• Focus on specialty grain processing capability.
• Serving nutraceutical and animal feed segments.
• Maintaining a domestic processing footprint in Minnesota.
• Offering ingredients suitable for clean-label demands.

Finance: draft 13-week cash view by Friday.

RiceBran Technologies (RIBT) - Canvas Business Model: Customer Relationships

You're looking at how RiceBran Technologies (RIBT) connects with the entities that buy its products and those who own a piece of the company. Because RIBT focuses on ingredients, the relationships are primarily business-to-business (B2B), which means fewer, larger, and more complex interactions than a direct-to-consumer setup.

Highly transactional, direct sales to food and feed manufacturers

The core of RiceBran Technologies' customer relationship is direct engagement with food and feed manufacturers. This is a highly transactional model where the value proposition-stabilized rice bran powder and derivative products like RiBran-is sold as a functional ingredient. While specific customer counts aren't public, the nature of this business implies a need for strong technical support and supply chain reliability with each buyer.

For context on the B2B environment RiceBran Technologies operates in as of late 2025, digital channels dominate the initial stages of engagement. For instance, generally in B2B sales in 2025, 80% of interactions between suppliers and buyers happen online. Furthermore, most B2B deals require around 62+ touchpoints spanning 6+ months before a final decision is made. RiceBran Technologies' latest reported annual revenue was $22.65M in the year 2023, with trailing twelve months revenue reaching $22.82M as of the first quarter of 2024.

Here's a look at the transactional structure:

Relationship Aspect	Metric/Value	Data Date/Context
Primary Sales Channel	Direct Sales Contracts	B2B Ingredient Focus
Latest Reported Annual Revenue	$22.65M	Year 2023
Latest TTM Revenue	$22.82M	Q1 2024
B2B Digital Interaction Share (General)	80%	2025 Projection

Investor relations and communication with micro-cap shareholders

For a micro-cap entity like RiceBran Technologies, investor relations (IR) is a distinct and necessary relationship stream. This involves communicating financial health, strategic direction, and regulatory compliance to a shareholder base that includes institutional holders and individual retail investors. The company's status as of late 2025 is noted in some sources as Deadpooled.

Financial milestones relevant to this group include the last reported funding round, a Post IPO round on Mar 08, 2019, which raised $12.1M. As of December 04, 2025, the stock price was reported at $0.0003 per share. The company has had 4 institutional investors, including Continental Grain Company.

• Latest Reported Stock Price: $0.0003 (as of Dec 04, 2025)
• 52-Week High for Stock: $0.0100
• 52-Week Low for Stock: $0.0001000000
• Known Institutional Investors: 4

Minimal direct consumer interaction due to B2B ingredient focus

RiceBran Technologies' relationship model is intentionally distant from the end consumer. The products, such as stabilized rice bran powder marketed under the RiBran brand, are sold as ingredients to other businesses that incorporate them into their final consumer goods, like food or nutraceuticals. This means the company relies on its B2B customers to manage the final consumer relationship and brand perception.

The company's focus on ingredients means that customer success is measured by product performance within the manufacturer's formulation, not by direct consumer feedback or satisfaction scores. The relationship is maintained through technical specifications, quality assurance documentation, and supply agreements, rather than consumer marketing campaigns. For example, the company's products are claimed to be gluten free and non-GMO, which are key specifications communicated to the B2B buyer, not the end-user directly.

Finance: review Q4 2024 cash flow statement against the $22.82M TTM revenue figure by Wednesday.

RiceBran Technologies (RIBT) - Canvas Business Model: Channels

You're looking at how RiceBran Technologies (RIBT) gets its specialized ingredients-like stabilized rice bran fractions-to market as of late 2025. Honestly, the public data paints a picture of a company whose primary ingredient sales channels are supported by historical agreements, while its public trading channel reflects significant distress.

Direct sales force targeting food and animal nutrition manufacturers

This channel targets customers needing ingredients for human food, nutraceuticals, pet care, and animal feed markets. The company's product portfolio includes ingredients like RiBalance, RiSolubles, and RiFiber, which are marketed for their nutritional benefits and clean-label appeal. RiceBran Technologies also offers custom blending and contract manufacturing services directly to partners looking to integrate these rice-bran-based solutions into their final products, such as baked goods or beverages.

Here's a look at the scale of the business these channels serve, based on the most recent full-year figures available:

Metric	Value (As of Latest Available Data)
Revenue (TTM)	$22.82M
Revenue (FY 2023)	$22.65M
Net Income (TTM)	-$17.39M

Third-party distributors for specialized ingredient markets (e.g., Hela Spice Canada)

RiceBran Technologies has used third-party distributors to penetrate specific geographic or specialized ingredient sectors. A notable example is the multi-year distribution and supply agreement entered into with Hela Spice Canada Inc. This agreement, announced on January 16, 2014, covered the distribution of the RiBran family of stabilized rice bran ingredients throughout Canada to sectors including meat, poultry, and bakery.

The company's product line distributed through such channels includes:

• RiBalance stabilized rice bran ingredients.
• RiSolubles, a soluble fiber in powder form for dairy and beverages.
• RiFiber, an insoluble fiber suitable for various food applications.

The strategy here is to rely on established leaders in formulation and supply within those regional markets to drive sales growth for their functional products.

OTC Markets for stock trading and public disclosures

This channel relates to the public trading of RiceBran Technologies stock, ticker RIBT, on the OTC Markets. As of late 2025, the public trading environment reflects a very low market valuation and limited activity. The company is noted as being on the Expert Market, which restricts quotations from public viewing and suggests the company may not be current in its reporting obligations under SEC Rule 15c2-11.

Key trading metrics as of early December 2025 are stark:

• Market Cap (as of Dec 06, 2025): $3K.
• Closing Price (Dec 02, 2025): $0.0001.
• 52-Week Range High: $0.0100.
• Volume on Nov 24, 2025: As low as 531 shares reported for one trade time.

The stock is traded on the OTCMKTS exchange, and the last reported revenue on a TTM basis is $22.82M, contrasting sharply with the market capitalization of $3K.

RiceBran Technologies (RIBT) - Canvas Business Model: Customer Segments

You're looking at the customer base for RiceBran Technologies (RIBT) as of late 2025, which is a complex picture given the company's status. Keep in mind that the most recent full-year financial data available is for the fiscal year ending 2023-12-31, with annual revenue reported at $22.65M. Furthermore, public records indicate a status of Deadpooled as of July 30, 2025. The next scheduled earnings date mentioned was 06/30/25.

RiceBran Technologies, before this status change, focused its marketing efforts across several distinct groups, leveraging its stabilized rice bran (SRB) and other small grain derivatives which are non-GMO and allergen free.

The primary customer groups targeted by RiceBran Technologies included:

• Strategic acquirers seeking to utilize the large NOL tax shield: This segment is interested in the company's potential tax assets, which often involves a transaction structure rather than direct product sales.
• Animal nutrition and feed manufacturers: This group uses the stabilized rice bran for feed applications. The company noted expansion to meet demand from the rapidly growing companion animal market.
• Specialty food and beverage manufacturers needing non-GMO grains: These customers incorporate RiceBran Technologies' ingredients into products like sports nutritional beverages, non-GMO soups, and pastas. The addressable market in wellness foods and supplements was stated to be north of $880 million.
• Health food retailers and mass merchandisers (indirectly): While RiceBran Technologies markets its products to food manufacturers, the ultimate placement is often through these channels, which include mass merchandisers and health food retailers.

To give you a sense of the ownership structure around the time of the last reported financials, institutional investors held approximately 2.5% of RiceBran Technologies shares.

Here is a summary of the key customer-facing elements and related financial context:

Customer Segment Focus	Product Application Examples	Relevant Financial/Market Data Point
Animal Nutrition	Animal Feed, Companion Animal Products	Expansion noted to meet demand from companion animal market
Specialty Food/Beverage	Nutraceuticals, Sports Beverages, Non-GMO Soups/Pastas	Addressable market in wellness foods and supplements over $880 million
Ingredient Buyers (General)	Stabilized Rice Bran Powder (RiBran), Edible Rice Bran Oil	Annual Revenue (FY 2023): $22.65M
Strategic/Financial Buyers	NOL Tax Shield Utilization	Institutional Ownership: 2.5%

The company's product applications were noted to benefit from growth in specific end-user industries in Q1 2022, including food processing at 18%, alcoholic beverages at +22%, and agriculture at 24%. This shows where the demand pull was coming from across their customer base. Finance: draft 13-week cash view by Friday.

RiceBran Technologies (RIBT) - Canvas Business Model: Cost Structure

You're looking at the cost structure for RiceBran Technologies (RIBT) as the company operates as a leaner entity following significant asset sales. The costs are now heavily weighted toward corporate overhead and debt servicing rather than direct production.

High legal and administrative costs related to strategic review and debt default

The cost profile reflects a company heavily engaged in corporate restructuring and strategic review, which drives up non-operational expenses. For instance, in the fiscal year ending December 31, 2023, Selling, General and Administrative (SG&A) expenses from continuing operations were reported at $5.9 million. This figure was noted to have increased primarily due to increased legal costs as the Board continued to explore strategic alternatives. Given the ongoing need to manage prior obligations and the shell company status, these administrative and legal outlays remain a significant, fixed cost burden.

• Legal and administrative costs are a primary driver of operating expenses.
• The company has been actively exploring strategic alternatives.
• Accumulated deficit exceeded $333 million through December 31, 2023.

Minimal Cost of Goods Sold (COGS) following major asset divestitures

The Cost of Goods Sold (COGS) is expected to be minimal because the core revenue-generating assets have been sold off. RiceBran Technologies completed the sale of its Stabilized Rice Bran (SRB) Business on January 25, 2024. This divestiture significantly reduced the variable costs associated with manufacturing and raw material procurement. The remaining business structure, operating as a public shell, focuses on corporate management rather than large-scale production, meaning COGS should be negligible relative to historical figures.

Interest expense on secured debt (e.g., Funicular Funds promissory note)

Servicing existing debt is a critical, non-discretionary cost. A key component is the senior secured promissory note provided by Funicular Funds, LP, announced in late 2023. This note carried a principal amount of $3.6 million, a 13.5% coupon, and a 10% original issue discount. Based solely on the stated coupon rate, the annual cash interest expense on this specific obligation would be $486,000 ($3,600,000 multiplied by 0.135). This fixed interest payment must be covered by the shell company's remaining cash or other non-operating income.

Debt Instrument Component	Amount / Rate
Funicular Promissory Note Principal	$3.6 million
Coupon Rate	13.5%
Calculated Annual Cash Interest (Coupon Only)	$486,000
Original Issue Discount	10%

General and administrative (SG&A) expenses for a public shell company

As a public shell, the primary ongoing operating costs are the SG&A expenses required to maintain public reporting compliance and basic corporate functions. While 2025 figures aren't public, the 2023 continuing operations SG&A of $5.9 million provides a baseline for the overhead required to keep the entity active and compliant. These costs cover essential functions like executive compensation, accounting, legal compliance (including SEC filings), and investor relations, which are unavoidable for a publicly traded entity.

• SG&A is the main recurring operating cost for the shell structure.
• Costs include maintaining compliance with OTC Markets reporting requirements.
• The market capitalization as of December 6, 2025, was reported at $3K, highlighting the minimal operational scale relative to the cost base.

Finance: draft 13-week cash view by Friday.

RiceBran Technologies (RIBT) - Canvas Business Model: Revenue Streams

You're looking at the revenue side of the Business Model Canvas for RiceBran Technologies (RIBT) as of late 2025. Honestly, the streams look thin and heavily reliant on past performance or uncertain future events, which is typical when a company is under distress.

The most concrete, recent operational revenue stream is the Sales of remaining small grain products. Based on the last reported Trailing Twelve Months (TTM) data available near the start of 2024, this segment generated $22.82 million in revenue, specifically for the period ending Q1 2024. This number gives you a baseline for the ongoing, core business activity, though you'd need to check the latest quarterly filings to see if this has held up or deteriorated further.

Next, you have to factor in Potential one-time proceeds from the sale of remaining assets. We know, for example, that RiceBran Technologies sold its Golden Ridge rice mill for $2.15 million back in January 2024. Furthermore, there was a public notice in late 2024 regarding a UCC Article 9 Sale of substantially all personal property, indicating a significant, likely distress-driven, asset liquidation process was underway. Any final proceeds from this larger sale would be non-recurring revenue, but the final take is definitely an unknown variable right now.

Finally, there are the forward-looking, yet highly speculative, figures. Analyst consensus, which you should view with extreme caution given the operational environment, projects a full fiscal year 2025 revenue of $34.3 million. Here's the quick math: this projection implies a significant jump of over 51.4% from the prior reported annual revenue of $22.6 million in 2023. What this estimate hides, though, is the operational reality; such a large projected increase in a period of distress suggests either a major turnaround or a reliance on asset sales being booked as revenue, which isn't sustainable.

To keep these moving parts straight, here's a snapshot of the key financial figures we are tracking for the revenue side:

Revenue Metric	Amount	Context/Period
TTM Revenue (Small Grain Products)	$22.82 million	Ending Q1 2024
FY 2025 Revenue Projection (Analyst Consensus)	$34.3 million	FY 2025 Estimate
Known Asset Sale Proceeds (Golden Ridge Mill)	$2.15 million	January 2024 Sale
Prior Year Revenue	$22.65 million	Full Year 2023

The nature of the revenue streams, especially with the ongoing asset sales, points to a company in transition or liquidation mode. You can break down the current revenue sources like this:

• Core sales from remaining small grain products.
• One-time cash infusion from asset divestitures.
• Potential residual proceeds from the UCC Article 9 Sale.

It's defintely a mixed bag of recurring, albeit possibly shrinking, operational revenue and lumpy, non-operational asset realization. Finance: draft 13-week cash view by Friday.