secwatch / observer

MANNATECH INC — fact timeline

Source-grounded facts extracted from MANNATECH INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

MTEX MANNATECH INC JSON

James Clavijo departed as Chief Financial Officer at MANNATECH INC.

“James Clavijo, who served as the Company's CFO since July 2024, will relinquish the role to Mr. Haider.”

Yasir Haider was appointed as Chief Financial Officer at MANNATECH INC.

“On June 8, 2026, Mannatech, Incorporated (the "Company") issued a press release announcing that the Board of Directors appointed Yasir Haider as Chief Financial Officer ("CFO") and principal financial officer of Mannatech Incorporated (the "Company") effective June 3, 2026.”
Shareholder Votes

MANNATECH INC shareholders approved Ratification of the Appointment of BDO USA, P.C. as Independent Registered Public Accounting Firm for fiscal year ending December 31, 2026 at the 2026-06-02 meeting.

“Number of Shares For Number of Shares Against Number of Shares Abstaining Broker Non-Votes 1,205,072 164,415 393 0”
Shareholder Votes

MANNATECH INC shareholders approved Elect Robert Toth as Class III director at the 2026-06-02 meeting.

“Robert Toth 937,930 154,822 277,128”
Shareholder Votes

MANNATECH INC shareholders approved Elect John A. Seifrick as Class III director at the 2026-06-02 meeting.

“Name Number of Shares For Number of Shares Withheld Broker Non-Votes John A. Seifrick 879,504 213,248 277,128”
Earnings Releases

MANNATECH INC reported first quarter ended March 31, 2026 results: revenue $24.9 million, net income $1.0 million, EPS $0.49 per diluted share.

“lives to make a better world, today announced financial results for its first quarter of 2026 . First Quarter Results • Net sales for the three months ended March 31, 2026 were $24.9 million, a decrease of $1.6 million, as compared to the same period in 2025. On a Constant dollar basis (see Non-GAAP Measures, below) our net sales decreased $2.2 million, or 8.1% , and”
Listing & Compliance Notices

MANNATECH INC received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1), 5810(c)(2)).

“April 20, 2026, Mannatech, Incorporated (the “Company”) received written notification (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is n”
Earnings Releases

MANNATECH INC reported year ended December 31, 2025 results: revenue $108.0 million, net income $15.2 million, or $8.00 per diluted share, EPS $8.00 per diluted share.

“and preferred customer positions in the Company’s network for the fourth quarter of 2025 was 11,234 as compared to 14,615 in 2024 . Year End Results Net sales for 2025 were $108.0 million, a decrease of $9.9 million, or 8.3% , as compared to $117.9 million in 2024 . Foreign currency exchange rate fluctuations had an overall unfavorable impact on 2025 net sales,”
Earnings Releases

MANNATECH INC reported fourth quarter and year ended December 31, 2025 results: revenue $26.6 million, net income $11.3 million, or $5.94 per diluted share, EPS $5.94 per diluted share.

“lives to make a better world, today announced financial results for its fourth quarter and year ended 2025 . Fourth Quarter Results Fourth quarter net sales for 2025 were $26.6 million, a decrease of $2.4 million, or 8.2% , as compared to $29.0 million in the fourth quarter of 2024 . During the fourth quarter, the Company's net sales declined 7.6% on a Constant”

Robert A. Toth was appointed as Vice Chairman of the Board of Directors at MANNATECH INC.

“the Board of Directors of the Company (the “Board”) appointed Robert A. Toth (“Mr. Toth”) as a non-employee board member He will serve as Vice Chairman of the Board of Directors.”

Landen Fredrick changed role as interim Chief Financial Officer at MANNATECH INC.

“Landen Fredrick, the Company’s Chief Executive Officer, who served as the Company's interim CFO since January 2024, will relinquish the role to Mr. Clavijo.”

James Clavijo was appointed as Chief Financial Officer at MANNATECH INC.

“the Board of Directors appointed James Clavijo as Chief Financial Officer ("CFO"), principal financial officer and principal accounting officer of Mannatech Incorporated (the "Company") effective July 1, 2024.”
Earnings Releases

MANNATECH INC reported first quarter of 2024 results: revenue $29.4 million, net income $1.2 million, EPS $0.63 per diluted share.

“lives to make a better world, today announced financial results for its first quarter of 2024. First Quarter Highlights • Net sales for the quarter ended March 31, 2024 were $29.4 million, as compared to $34.1 million for the same period in 2023, a decrease of $4.7 million, or 13.8%. On a Constant dollar basis (see Non-GAAP Measures, below) our net sales decreased”
Debt Financings

MANNATECH INC incurred loan of $3,600,000 aggregate with J. Stanley Fredrick, Tyler Rameson (through Jade Capital, LLC), and Kevin Robbins at 16% per annum maturing September 30, 2026.

“On April 23, 2024 Mannatech Incorporated (the “Company”) entered into three separate unsecured Loan Agreement and Promissory Notes (“Promissory Notes”) with three related parties, who are all current members of the Company’s Board of Directors and stockholders of the Company, in an aggregate principal amount of $3.6 million.”
Earnings Releases

MANNATECH INC reported the year ended December 31, 2023 results: revenue $132.0 million.

“Total Year 2023 Highlights • Net sales for the year ended December 31, 2023 was $132.0 million, as compared to $137.2 million for the year ended December 31, 2022. Net sales decreased $5.2 million, or 3.8%, for 2023, as compared to 2022. Our 2023 net sales were unfavorably affected by $2.3 million due to the effect of foreign exchange rates. Excluding this impact, Net Sales on a Constant dollar basis (see”
Earnings Releases

MANNATECH INC reported the fourth quarter ended December 31, 2023 results: revenue $32.7 million, net income $1.8 million, EPS $0.94 per diluted share.

“Fourth quarter 2023 net sales were $32.7 million, a decrease of $1.6 million, or 4.7%, as compared to $34.3 million in the fourth quarter of 2022. • Gross profit as a percentage of net sales improved to 75.4% as compared to 69.0% for the same period in 2022. Reduced supply chain shipping costs more than offset price increases in certain raw materials. • Operating loss in the fourth quarter was $0.9 million, improved from an operating loss of $2.7 million in the fourth quarter of 2022. • Net loss was $1.8 million, or $0.94 per diluted share, for the fourth quarter 2023, as compared to net loss of $6.5 million, or $3.50 per diluted share, for the fourth quarter 2022.”

Landen Fredrick changed role as President and Chief Executive Officer at MANNATECH INC.

“the Company announced the promotion of Landen Fredrick to President and Chief Executive Officer (“CEO”) effective April 1, 2024”

Alfredo (Al) Bala retired as Chief Executive Officer at MANNATECH INC.

“announcing the retirement of Alfredo (Al) Bala as the Company’s Chief Executive Officer effective April 1, 2024”

Landen Fredrick was appointed as Chief Financial Officer at MANNATECH INC.

“Landen Fredrick, the Company’s President and Chief Operating Officer, will serve as the CFO until such time as a permanent CFO is hired by the Company.”

David A. Johnson resigned as Chief Financial Officer at MANNATECH INC.

“On January 8, 2024, Mannatech, Incorporated (the "Company") and its Board of Directors (the "Board") were notified by David A. Johnson, the Company's Chief Financial Officer ("CFO"), of his resignation from his position effective January 22, 2024.”
Earnings Releases

MANNATECH INC reported third quarter of 2023 results: revenue $32.6 million, net income $18, 000 or $0.01 per diluted share, EPS $0.01 per diluted share.

“Third quarter net sales for 2023 were $32.6 million, a decrease of $2.9 million, or 8.3%, as compared to $35.5 million in the third quarter of 2022.”
Shareholder Votes

MANNATECH INC shareholders approved Approval, on an advisory basis, of Executive Compensation at the 2023-06-06 meeting.

“Shareholders approved, on an advisory basis, executive compensation. For Against Abstain Broker Non-Votes 922,392 16,676 1,353 330,090”
Shareholder Votes

MANNATECH INC shareholders approved Ratification of the Appointment of the Company’s Independent Registered Public Accounting Firm at the 2023-06-06 meeting.

“Shareholders ratified the appointment of BDO USA, LLP as the Company’s independent public accounting firm for the fiscal year ending December 31, 2023. For Against Abstain 1,251,033 16,410 3,068”
Shareholder Votes

MANNATECH INC shareholders approved Election of Directors at the 2023-06-06 meeting.

“Shareholders elected John A. Seifrick as Class III director. Director For Withheld Broker Non-Votes John A. Seifrick 727,445 212,976 330,090”
Earnings Releases

MANNATECH INC reported first quarter ended March 31, 2023 results: revenue $34.1 million, net income $0.6 million, EPS $0.32 per diluted share.

“to transforming lives to make a better world, today announced financial results for its first quarter of 2023. First Quarter End Results First quarter net sales for 2023 were $34.1 million, an increase of $1.7 million, or 5.3%, as compared to $32.4 million in the first quarter of 2022. First quarter net sales for 2023 include the results of an annual promotion in”
Earnings Releases

MANNATECH INC reported the year ended December 31, 2022 results: net income $4.5 million, EPS $2.35 per diluted share.

“Overall net sales decreased $22.6 million, or 14.1%, for 2022, as compared to 2021. During 2022, fluctuations in foreign currency exchange rates had an overall unfavorable impact on its net sales. During 2022, the company's net sales declined 7.6% on a Constant dollar basis (a Non-GAAP financial measure); unfavorable foreign exchange during 2022 caused a decrease of $10.5 million in net sales as compared to 2021. For the year ended December 31, 2022, the company's tax provision was $4.0 million due to the Korea tax audit settlement and the company recording valuation allowance on U.S. deferred tax assets. During 2021, taxes were a benefit of $1.0 million due to the effect of changes valuation allowances recorded in certain jurisdiction, plus taking the IRC Section 250 deduction and applying tax credits. Operating loss was $0.4 million in 2022 as compared to operating income of $9.0 million in 2021. Net loss for 2022 was $4.5 million, or $2.35 per diluted share, as compared to net incom”
Earnings Releases

MANNATECH INC reported the fourth quarter ended December 31, 2022 results: revenue $34.3 million, net income $7.0 million, EPS $3.78 per diluted share.

“Fourth quarter net sales for 2022 were $34.3 million, a decrease of $5.2 million, or 13.2%, as compared to $39.5 million in the fourth quarter of 2021. During the fourth quarter, the company's net sales declined 5.1% on a Constant dollar basis (a Non-GAAP financial measure); unfavorable foreign exchange during the fourth quarter caused a decrease of $3.2 million in net sales as compared to the fourth quarter of 2021. The fourth quarter of 2022, tax provision was $3.4 million due to additional taxes assessed due to the settlement of the income tax audit in Korea and the company recording valuation allowance on U.S. deferred tax assets largely driven by changes in expected earnings mix between jurisdictions and the relative impact of these items on decreased earnings. Fourth quarter operating loss for 2022 was $2.7 million as compared to operating income of $1.0 million for the fourth quarter of 2021. Fourth quarter net loss was $7.0 million, or $3.78 per diluted share, for the fourth qu”

Robert A. Toth departed as Director at MANNATECH INC.

“On March 10, 2023, Robert A. Toth notified the Board of Directors (the “Board”) of Mannatech, Incorporated ("Mannatech") that he is not seeking re-election to the Board and is retiring as a member of the Board, effective May 31, 2023.”
Earnings Releases

MANNATECH INC reported third quarter ended September 30, 2022 results: revenue $35.5 million, net income $1.2 million, EPS $0.61 per diluted share.

“Third quarter net sales for 2022 were $35.5 million”

Eric W. Schrier retired as Director at MANNATECH INC.

“the retirement of Mr. Eric W. Schrier.”

Eric Schrier retired as Member of the Board of Directors at MANNATECH INC.

“On April 5, 2022, Eric Schrier notified the Board of Directors (the “Board”) of Mannatech, Incorporated ("Mannatech") that he is retiring as a member of the Board, effective as of April 5, 2022.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.