News Digest / Income Statements

Income Statements

09:14am, Thursday, Aug 14, 2025
Cassava Sciences, Inc. (NASDAQ: SAVA) - quick read on what's happening inside the company Snapshot (figures from 10‑Q, all amounts presented by the company in thousands unless noted) * Cash and cash equivalents: $112,381 * Total assets: $135,384 * Total liabilities: $47,411 * Stockholders' equity...

09:12am, Thursday, Aug 14, 2025
Iron Horse Acquisitions Corp. (NASDAQ: IRON) - Quick take What's happening inside the company Iron Horse is a blank‑check (SPAC) vehicle that has approved a business combination but has limited operating cash outside its trust. Stockholders approved the business combination and an extension progr...

09:11am, Thursday, Aug 14, 2025
The Arena Group Holdings, Inc. (OTCMKTS: MVEN) - Quick read All dollar figures below are in thousands, unless otherwise noted, taken from the company's Form 10‑Q for the quarter ended June 30, 2025. What's happening inside the company - short summary * Revenue and traffic are accelerating as mana...

09:10am, Thursday, Aug 14, 2025
Zura Bio Limited (NASDAQ: ZURA) - Snapshot What's happening inside: Zura is heavily ramping clinical activity - initiating TibuSHIELD (Phase 2 HS) in May 2025 and running TibuSURE (Phase 2 SSc) started Dec 2024 - and funding that buildout with equity financings and ATM sales. Management says exis...

09:09am, Thursday, Aug 14, 2025
Snapshot - Versus Systems Inc. (NASDAQ: VS) What's happening inside the company - Management closed a material Technology License with ASPIS (an affiliate of a ~20.20% shareholder) and recognized $1,980,000 in related‑party license revenue in Q2 2025 after delivery of a functional license on Apri...

09:08am, Thursday, Aug 14, 2025
Koil Energy Solutions, Inc. (OTCMKTS: DPDW) Quick summary: The company reported lower revenue and margin pressure in Q2 2025 vs. Q2 2024, but still delivered a small GAAP net income and positive Adjusted EBITDA. Management is investing in headcount and Brazil operations while working to remediate...

09:07am, Thursday, Aug 14, 2025
QHSLab, Inc. (PINK: USAQ) - quick take What's happening inside: revenue traction and product adoption are visible, but the company is highly leveraged, in default on multiple notes, and management warns of substantial doubt about going concern. Disclosure controls were assessed as ineffective. Ke...

09:06am, Thursday, Aug 14, 2025
NeuroOne Medical Technologies Corporation (NMTC) - OTCBB Quick summary - what's happening inside NeuroOne is transitioning from development into commercial sales. License revenue from a Zimmer distribution agreement ($3.0M recognized in the nine months) plus strong OneRF product sales drove large...

09:05am, Thursday, Aug 14, 2025
Balance Labs, Inc. (PINK: BLNC) - quick read on what's happening inside the company. Snapshot / What's happening Management is operating a consulting business with no recorded revenue in the reporting periods. The company is cash‑starved, highly leveraged to related parties, and the independent ...

09:03am, Thursday, Aug 14, 2025
DeFi Development Corp (NASDAQ: JNVR) - Quick read Key facts (amounts in thousands unless noted) * Revenue (Q2 2025): $1,986 (Q2 2024: $441) * Gain from changes in fair value of digital assets (Q2 2025): $21,194 * Net income (Q2 2025): $15,432 (Q2 2024: loss $805) * EPS (Q2 2025): Basic $1.09 / Di...

09:02am, Thursday, Aug 14, 2025
Evofem Biosciences, Inc. (NASDAQ: EVFM) - Quick read on what's happening inside Reality check: Evofem is a commercial-stage women's health company running two marketed products (PHEXXI and SOLOSEC) but is under severe financial strain. Management is trying to grow revenue while negotiating heavy ...

08:19am, Thursday, Aug 14, 2025
reAlpha Tech Corp. (NASDAQ: AIRE) Quick read - what's happening inside the company and what the income statement shows. Key financials & operating facts (reported for period ended June 30, 2025) * Revenues Q2 2025: $1,252,381; Revenues six months: $2,178,016 (vs. $62,353 and $82,779 in prior-year...

08:18am, Thursday, Aug 14, 2025
Evoke Pharma, Inc. (NASDAQ: EVOK) Snapshot - what's happening inside - Company sells Gimoti® (metoclopramide) nasal spray; commercialized with Eversana since Oct 2020. - Management reports product momentum: Q2 2025 net product sales rose to $3,752,142 (up 47% vs Q2 2024) and six‑month sales were ...

08:17am, Thursday, Aug 14, 2025
FitLife Brands, Inc. (OTCMKTS: FTLF) - Quick internal and income-statement snapshot * What's happening now: management is executing M&A (deposit of $5,000 on Irwin acquisition recorded at June 30, 2025; acquisition closed Aug 8, 2025 for ~ $42,500). The company refinanced and upsized credit faci...

08:16am, Thursday, Aug 14, 2025
Newton Golf Company, Inc. (NASDAQ: SPGC) Quick take: management is scaling revenue quickly but burning cash and faces material internal control weaknesses, high customer concentration and warrant-related volatility. The company reports strong e‑commerce-driven sales and improved gross margins but...

08:15am, Thursday, Aug 14, 2025
Snapshot - Biotricity Inc. (OTCBB: BTCY) What's happening inside the company (quick view): - Revenue momentum: revenue grew to $3,873,993 for Q1 (June 30, 2025) from $3,201,743 a year earlier (≈+21%). - Mix shift to recurring tech fees: technology fees $3,371,392 (87% of revenue) vs device sales ...

08:14am, Thursday, Aug 14, 2025
Protalix BioTherapeutics, Inc. (NYSE: PLX) Quick facts - latest quarter / six months (from Form 10‑Q ended June 30, 2025) * Total revenue (six months): $25,771 * Revenues from selling goods (six months): $25,435 * Cost of goods sold (six months): $(14,050) - gross profit = $11,721 * R&D (six mont...

08:13am, Thursday, Aug 14, 2025
Rockwell Medical, Inc. (NASDAQ: RMTI) - Q2 2025 snapshot Quick take * Revenue is sliding sharply after losing material volume from a major customer (DaVita). * Management says liquidity is sufficient for at least 12 months, but the company still depends on access to capital (ATM facility) and exe...

08:12am, Thursday, Aug 14, 2025
Cellectar Biosciences, Inc. (NASDAQ: CLRB) Quick take: management is cutting spending after finishing enrollment in its pivotal CLOVER WaM study, has FDA Breakthrough Therapy designation for iopofosine I‑131, but remains capital‑constrained with a formal going‑concern warning and material weaknes...

08:11am, Thursday, Aug 14, 2025
Chicago Atlantic BDC, Inc. (NASDAQ: SSIC) - Quick read on what's happening inside the company Snapshot / headline - The company's June 30, 2025 10‑Q shows a materially larger operating platform after the October 1, 2024 Loan Portfolio Acquisition. Investment income and net investment income have ...

08:09am, Thursday, Aug 14, 2025
Werewolf Therapeutics, Inc. (NASDAQ: HOWL) Quick read - what's happening inside the company and what the income statement says. Key facts and figures (from 10‑Q, amounts presented in the filing): * Cash and cash equivalents (June 30, 2025): $77,596 * Total cash, cash equivalents and restricted ca...

08:08am, Thursday, Aug 14, 2025
BK Technologies Corporation (NYSEARCA: BKTI) - quick take What's happening inside: BK is executing its manufacturing transition and new product rollout (BKR series and BKR9000). Management is expanding a Solutions unit (BK ONE) with SaaS and interoperability products while continuing radio hardwa...

08:07am, Thursday, Aug 14, 2025
Prelude Therapeutics Incorporated (NASDAQ: PRLD) - quick status update What's happening inside: - The company remains a clinical‑stage biopharma focused on targeted cancer therapies (SMARCA degraders, KAT6A degraders, CDK9 inhibitor, precision ADCs). - Active collaborations and licensing: multi‑p...

08:06am, Thursday, Aug 14, 2025
Falcon's Beyond Global, Inc. (NASDAQ: FBYD) - Q2 2025 quick take Short verdict: the company shows a large GAAP net income driven by equity‑method gains (PDP transaction), a much stronger cash balance after a one‑time distribution, but operating results and liquidity carry material risks (working ...

08:05am, Thursday, Aug 14, 2025
Advanced Flower Capital Inc. (NASDAQ: AFCG) Quick summary - what's happening inside the company * The company is an externally managed mortgage REIT focused on loans to cannabis operators; the Board approved (Aug 12, 2025) an expanded investment mandate and is pursuing shareholder approval to con...

08:04am, Thursday, Aug 14, 2025
Abeona Therapeutics Inc. (NASDAQ: ABEO) - What's happening inside the company Abeona received FDA approval for ZEVASKYN™ on April 28, 2025, sold the associated Priority Review Voucher (PRV) for gross proceeds of $155.0 million (closed June 27, 2025), has established cGMP commercial manufacturing ...

08:03am, Thursday, Aug 14, 2025
Snapshot - Onconetix, Inc. (NASDAQ: BWV) What's happening inside: management has pivoted to commercializing Proclarix (Proteomedix acquisition) while abandoning ENTADFI commercialization; the company faces acute liquidity stress and repeated forbearance/waivers with creditor Veru. A potential mer...

08:02am, Thursday, Aug 14, 2025
Lexeo Therapeutics, Inc. (NASDAQ: LXEO) - What's happening inside the company (quick, factual summary) Snapshot / liquidity & capital: * Cash and cash equivalents (June 30, 2025): $35.48 million (reported in thousands). * Investments in U.S. Treasury securities (current + non-current): $117.026 m...

08:01am, Thursday, Aug 14, 2025
Galectin Therapeutics Inc. (NASDAQ: GALT) - What's happening inside Straight to the point: the company is winding down its large NAVIGATE clinical spend, improving near‑term cash burn, but remains highly levered to related‑party financing and dependent on new capital. Clinical data are mixed - en...

07:14am, Thursday, Aug 14, 2025
StandardAero, Inc. (NYSE: SARO) - Quick snapshot (what's happening inside) The company is growing revenue and recovering profitability after refinancing its capital structure in 2024. Operational momentum shows in higher Adjusted EBITDA and segment performance, but the business still carries heav...

07:13am, Thursday, Aug 14, 2025
Aeries Technology, Inc. (NASDAQ: AERTW) - Quick reality check Snapshot (quarter ended June 30, 2025) - Revenue, net: $15,330 (in thousands) - Gross profit: $3,778; Cost of revenue: $11,552 (in thousands); Gross margin: 24.6% - Net income: $1,676 (in thousands); Basic & diluted EPS: $0.03 - Sellin...

07:12am, Thursday, Aug 14, 2025
DSwiss, Inc. (PINK: DQWS) - Quick read on what's happening inside Snapshot: Revenue surged year-over-year but margins compressed. The company is cash-positive with rising assets and equity, yet management flags a going-concern risk and material weaknesses in internal controls. Major customer and ...

07:11am, Thursday, Aug 14, 2025
Addentax Group Corp. (NASDAQ: ATXG) - quick internal read: what's happening inside the company Snapshot * Quarterly revenue up 15.3% year-over-year to $980,954 (Q1 FY2026) from $851,033. * Company remains loss-making but materially improved net loss: $(392,438) vs $(1,221,111) a year earlier; bas...

07:10am, Thursday, Aug 14, 2025
CoreCard Corporation (NYSE: INS) - Q2 2025 snapshot Quick takeaway: Revenue and operating margins improved sharply in Q2 and for the first half of 2025. The company generated strong operating cash flow and raised cash balances, but risks remain-most notably very high customer concentration and ri...

07:09am, Thursday, Aug 14, 2025
Quick take - 22nd Century Group, Inc. (NYSE: XXII) What's happening inside: management is shrinking costs, converting and repaying parts of its secured debt, and raising cash via warrant exercises. But sales are falling, the company is cash‑constrained and the 10‑Q explicitly states there is "sub...

07:09am, Thursday, Aug 14, 2025
Snapshot - JAGUAR HEALTH, INC. (NASDAQ: JAGX) Quick facts (as reported for quarter / six months ended June 30, 2025) * Total revenue: $2.979M (Q2); $5.193M (six months) - up modestly vs prior year (+9.5% Q2, +2.4% 6M). * Product revenue (Mytesi + animal products): $2.936M (Q2); $5.107M (6M). Lice...

07:08am, Thursday, Aug 14, 2025
Quick read - Farmers and Merchants Bancshares, Inc. (OTCMKTS: FMFG) Snapshot: the bank is executing growth through lending - loans rose, net interest income improved and capital remains well above regulatory minima. Internal costs and provisions ticked up as the company adds staff and absorbs one...

07:06am, Thursday, Aug 14, 2025
SMART POWERR CORP. (NASDAQ: CREG) What's happening inside Smart Powerr Corp. closed H1 2025 with a large cash balance after recovering major receivables and advance payments, is shifting from waste‑heat power projects toward energy‑storage solutions, and executed a 1‑for‑10 reverse stock split in...

07:05am, Thursday, Aug 14, 2025
Unicycive Therapeutics, Inc. (NASDAQ: UNCY) - quick read on what's happening inside the company and the income statement (figures are presented as in the 10‑Q; dollar amounts shown in the filing are in thousands). - Key balance sheet & capital facts: Cash and cash equivalents: $22,327 (June 30, ...

07:04am, Thursday, Aug 14, 2025
Shattuck Labs, Inc. (NASDAQ: STTK) - Quick take What's happening inside: management has discontinued SL-172154, reallocated spending toward SL-325 (lead DR3 antagonist), plans to start Phase 1 enrollment in Q3 2025, reduced operating expense and cash burn, and executed a Private Placement (Aug 4,...