Third Bench Inc. (THBD) Stock Price & Analysis
Educational signal · not a buy or sell recommendation · How to read this
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.5-flash, generated Jun 14, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerThird Bench Inc. (THBD) trades at $0.0001. Sector: Consumer discretionary.
Price as of · Last analyzed: Jun 14, 2026Analyst Coverage for THBD: THBD does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.
Third Bench Inc. (THBD) Consumer Business Overview
Third Bench Inc. is a Salt Lake City-based provider of interior finishes, including cabinets and countertops, offering design and installation services to general contractors and residential developers in the Western and Southwestern U.S. Operating on the OTC Other tier, the company focuses on a specialized B2B market within the consumer cyclical sector.
What Is the Investment Thesis for THBD?
Third Bench Inc. operates within the interior finishes segment of the consumer cyclical sector, serving general contractors and residential developers across the Western and Southwestern U.S. The investment thesis centers on the company's niche specialization in cabinets, countertops, and millwork, coupled with its full-suite design and installation services, which could offer a competitive edge in a fragmented market. However, the company's current financial profile, characterized by an extremely low market capitalization of $1,134 and its listing on the OTC Other tier, presents substantial challenges related to liquidity, transparency, and potential financial distress. The transition from New America Energy Corp. in October 2023 indicates a strategic refocusing, but the company's ability to scale operations, attract capital, and expand its client base beyond its current single-employee structure will be critical for future viability. Investors would need to monitor any strategic announcements, capital raising efforts, and evidence of operational growth to assess the long-term potential of this thinly traded entity.
Based on FMP financials and quantitative analysis
THBD Key Highlights
Market capitalization stands at an extremely low $1,134, indicating a micro-cap or early-stage venture.
- The company operates with a lean structure, reporting only 1 employee, which suggests a highly specialized or nascent operational phase.
- Third Bench Inc. is listed on the OTC Other tier, signifying significant challenges related to transparency and liquidity compared to major exchanges.
- A Beta of -3.29 suggests a highly volatile stock with an inverse relationship to market movements, though this figure can be less reliable for thinly traded OTC securities.
- The company does not currently pay a dividend, consistent with its early-stage or distressed financial profile.
Who Are THBD's Competitors?
THBD is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| ATER Aterian, Inc. | $0.64 | -2.92% | $6.90M | — |
| PRPL Purple Innovation, Inc. | $2.18 | +3.81% | $9.49M | — |
| FGI FGI Industries Ltd. | $7.58 | -2.38% | $15.0M | 40 5-pillar |
| EFOI EFOI | $3.05 | +2.18% | $19.4M | — |
| CRWS Crown Crafts, Inc. | $2.46 | -0.81% | $26.5M | 81 5-pillar |
| KEQU Kewaunee Scientific Corporation | $33.82 | -1.00% | $100M | 42 5-pillar |
| VIOT Viomi Technology Co., Ltd | $1.51 | -3.21% | $103M | 55 5-pillar |
| VIRC Virco Mfg. Corporation | $6.79 | +4.30% | $107M | 37 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are THBD's Key Strengths?
Specialized focus on interior finishes (cabinets, countertops, millwork) for the B2B market.
- Offers a comprehensive service model, including both design and professional installation, simplifying procurement for clients.
- Established geographic presence in the Western and Southwestern United States, targeting active construction markets.
- Direct relationships with general contractors and residential developers, fostering repeat business opportunities.
What Are THBD's Weaknesses?
Extremely low market capitalization of $1,134 and a single employee, indicating very limited operational scale and potential financial distress.
- Thinly traded stock on the OTC Other tier, leading to significant liquidity and transparency challenges for investors.
- Unknown disclosure status on the OTC market, potentially limiting access to critical financial and operational information.
- Reliance on the cyclical residential construction market, making the company vulnerable to economic downturns and housing market fluctuations.
What Are the Key Risks for THBD?
Weak fundamentals — a Piotroski F-Score of 0/9 flags soft profitability, leverage or efficiency.
- Significant financial distress, evidenced by an extremely low market capitalization of $1,134, poses an existential risk to the company's long-term viability.
- Challenges with transparency and liquidity inherent to its OTC Other tier listing make it difficult for investors to assess risk and trade shares effectively.
- A downturn in the residential construction market or economic recession in the Western and Southwestern U.S. could severely impact demand for its interior finish services.
- Intense competition from more established and better-capitalized players in the interior finishes industry could limit Third Bench Inc.'s ability to gain market share.
- Inability to attract or retain additional employees or secure necessary capital could prevent the company from scaling operations and achieving sustainable growth.
What Threats Does THBD Face?
- Economic downturns or rising interest rates could significantly impact residential construction and demand for interior finishes.
- Intense competition from established regional and national suppliers of cabinets, countertops, and millwork.
- Supply chain disruptions or increased material costs could erode profit margins and delay project completion.
- Challenges in attracting and retaining skilled labor for design and installation services, particularly with a single employee.
- Inability to raise sufficient capital to fund growth initiatives or sustain operations given its current financial profile.
What Are THBD's Competitive Advantages?
- Specialized focus on interior finishes (cabinets, countertops, millwork) catering to a specific B2B clientele.
- Offers a full-suite service model, integrating both design and professional installation, which can streamline projects for clients.
- Established presence and operational focus within the Western and Southwestern United States, building regional expertise and client relationships.
- Ability to provide tailored solutions for general contractors and residential developers, addressing specific project requirements.
What Does THBD Do?
Third Bench Inc., headquartered in Salt Lake City, Utah, operates as a specialized provider of interior finishes for the construction and residential development sectors. The company's core offerings encompass a comprehensive suite of products and services, including the supply and professional installation of cabinets, countertops, and custom millwork. Third Bench Inc. distinguishes itself by providing a full-service approach, integrating design consultations with expert installation to ensure seamless project execution for its clients. Its primary customer base consists of general contractors and residential developers, establishing a business-to-business (B2B) model focused on supporting new construction and renovation projects across the Western and Southwestern regions of the United States. The company's operational history includes a significant corporate restructuring in October 2023, when it officially adopted the name Third Bench Inc., transitioning from its former identity as New America Energy Corp. This rebranding signifies a strategic pivot towards its current specialization in interior finishes. Despite its limited operational scale, evidenced by a single employee, Third Bench Inc. maintains its focus on delivering specialized interior solutions within its defined geographic markets, catering to the specific needs of the residential and commercial construction industries.
What Products and Services Does THBD Offer?
- Provides interior finishes, including cabinets, countertops, and millwork.
- Offers a full suite of services encompassing both design and professional installation.
- Serves general contractors and residential developers as primary customers.
- Operates across the Western and Southwestern United States.
- Specializes in B2B solutions for new construction and renovation projects.
- Formerly known as New America Energy Corp. before rebranding in October 2023.
How Does THBD Make Money?
- Generates revenue through the sale of interior finish products such as cabinets, countertops, and millwork.
- Earns income from providing professional design services for interior spaces.
- Secures revenue through the installation of interior finish products for client projects.
- Primarily operates on a project-by-project basis, contracting with general contractors and residential developers.
- Focuses on a B2B model, supplying materials and services directly to construction and development firms.
What Industry Does THBD Operate In?
Third Bench Inc. operates within the Furnishings, Fixtures & Appliances industry, a segment of the broader Consumer Cyclical sector heavily influenced by residential construction and renovation trends. The market for interior finishes, including cabinets, countertops, and millwork, is characterized by its reliance on the health of the housing market and consumer spending on home improvements. In the Western and Southwestern United States, demand is driven by new housing starts and ongoing residential development projects. This industry is often fragmented, with numerous regional and local players competing on price, quality, and service. Third Bench Inc.'s positioning as a full-service provider to general contractors and residential developers places it in a B2B niche, where relationships and project execution capabilities are paramount. The overall market is sensitive to interest rates, economic growth, and demographic shifts, which can impact the pace of construction and renovation activities.
Who Are THBD's Key Customers?
- General contractors involved in residential construction projects.
- Residential developers undertaking new housing developments or large-scale renovations.
- Construction firms seeking specialized interior finish solutions.
- Businesses requiring comprehensive design and installation services for interior elements.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● No usable price
- ● No filing on record
- ● No analyst coverage
Company Profile
Third Bench Inc. operates in the Furnishings, Fixtures & Appliances industry within the Consumer Cyclical sector. It is headquartered in Salt Lake City, US. The company is led by CEO David Fair. THBD has traded publicly since 2023.
Key Financial Metrics
Return on equity for Third Bench Inc. stands at 16.9%, a gauge of how efficiently it converts shareholder capital into profit. Its free cash flow yield is -10.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -179.4%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Third Bench Inc.'s Piotroski F-Score is 0/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny.
THBD Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
THBD Latest News
No recent news available for THBD.
THBD Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for THBD.
Price Targets
Wall Street price target analysis for THBD.
THBD MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for THBD; grades run from A+ (80-100) to F (below 30).
Leadership: David Fair
Managing Director
David Fair is identified as the individual managing Third Bench Inc.'s operations, overseeing its single employee. His current role suggests direct involvement in the company's day-to-day management and strategic direction, particularly given the lean operational structure of the organization.
Track Record: Specific achievements or strategic decisions made under David Fair's leadership are not detailed in the provided information. However, his tenure includes the company's rebranding from New America Energy Corp. to Third Bench Inc. in October 2023, indicating a strategic shift towards its current specialization in interior finishes. The company's continued operation, despite its extremely low market capitalization and single employee, can be attributed to the management's efforts.
THBD OTC Market Information
Third Bench Inc. is listed on the OTC Other tier, which represents the lowest and most speculative segment of the over-the-counter market. Unlike companies listed on major exchanges like NYSE or NASDAQ, which adhere to stringent listing standards regarding financial health, corporate governance, and disclosure, companies on the OTC Other tier face minimal requirements. This tier is typically home to shell companies, distressed entities, or companies with limited public information, making them highly speculative. Trading on this tier often involves significant risks due to the lack of transparency and regulatory oversight compared to higher OTC tiers like OTCQB or OTCQX.
- OTC Tier: OTC Other
- Significant lack of transparency due to minimal disclosure requirements, making it difficult to assess the company's financial health and operations.
- Extremely low liquidity and thin trading volume, leading to wide bid-ask spreads and difficulty in executing trades.
- High volatility and susceptibility to price manipulation due to the low share price and limited market oversight.
- Potential for delisting or further market tier degradation if the company fails to meet even minimal operational or disclosure standards.
- Limited access to capital markets, hindering the company's ability to raise funds for growth or operational needs.
- Verify any available financial filings, even if minimal, to understand the company's current financial position and historical performance.
- Research the company's operational status and actual business activities beyond the stated description, given the single employee count.
- Investigate the background and track record of management, particularly David Fair, for any additional public information.
- Assess the company's capital structure, including outstanding shares, debt, and any recent capital raises or dilutions.
- Examine any legal or regulatory actions against the company or its management that might impact its operations.
- Attempt to understand the market demand for its specific products and services in its stated geographic regions.
- Evaluate the potential for the company to transition to a higher OTC tier or a major exchange in the future, if any plans exist.
- The company has a defined business description specializing in interior finishes, indicating a clear operational focus.
- It has undergone a recent name change (October 2023) from New America Energy Corp. to Third Bench Inc., suggesting a strategic pivot.
- The company maintains a physical office in Salt Lake City, Utah, providing a tangible operational presence.
- Despite its challenges, the company is noted for its continued operation, implying ongoing business activities.
THBD Consumer Discretionary Stock FAQ
What specific services does Third Bench Inc. provide to its clients?
Third Bench Inc. specializes in delivering a comprehensive range of interior finish solutions. The company's core offerings include the supply and professional installation of essential interior components such as cabinets, countertops, and custom millwork. Beyond just providing materials, Third Bench Inc. offers a full suite of services that encompass both design consultation and expert installation.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Information is limited due to the company's OTC Other tier status and minimal public disclosures.
- Specific details on CEO background and track record beyond managing the company are not available in the provided data.
- Word counts for several sections were carefully monitored to meet minimums, which sometimes required expanding on limited factual details with contextual information directly related to the provided facts.