Day: August 16, 2021

Omaha, Aug. 16, 2021 (GLOBE NEWSWIRE) — FitLife Brands Announces Second Quarter 2021 Results OMAHA, NE – August 16, 2021 — FitLife Brands, Inc. (“FitLife” or the “Company”) (OTCQX: FTLF), an international provider of innovative and proprietary nutritional supplements for health-conscious consumers marketed under the brand names NDS Nutrition, PMD, SirenLabs, Nutrology, CoreActive, Metis Nutrition, iSatori, Energize, and BioGenetic Laboratories, today announced results for the three and six months ended June 30, 2021. Highlights for the second quarter ended June 30, 2021 include:Total revenue increased 197% to $8.1 million. Direct-to-consumer online sales increased 52% and accounted for 21% of total revenue. Gross profit increased 170% to $3.6 million. The Company generated net income of $1.5 million compared to a net loss...

Continued strength in unit demand across key product lines Rupall unit demand growth of 44% for the 12 months ending June 30, 2021 Completion of enrollment for IXINITY® Phase 4 clinical pediatric trials Management to host conference call at 8:00 AM Eastern Time on August 17th, 2021 TORONTO and CHICAGO, Aug. 16, 2021 (GLOBE NEWSWIRE) — Medexus Pharmaceuticals Inc. (“Medexus” or the “Company”) (TSX: MDP) (OTCQX: MEDXF) today announced its financial results and provided a business update for the three-month period ended June 30, 2021. All dollar amounts below are in United States dollars unless specified otherwise. First Quarter Fiscal 2022 Financial Highlights*:Revenue of $17.3 million compared to $20 million for Q1 of fiscal 2021. The decrease in net sales was due to a temporary decline in ex-factory sales of IXINITY®, as pharmacy...

All figures in $USD unless otherwise noted. TORONTO, Aug. 16, 2021 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (“the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report its financial results for the three months ended June 30, 2021: EARNINGSFor the three months ended June 30, 2021, net income was approximately $0.8 million, in comparison to the $2.9 million net loss reported for the three months ended March 31, 2021, and the $1.4 million net income reported for the three months ended June 30, 2020. For the six months ended June 30, 2021, net loss was $2.2 million, in comparison to the $2.5 million net income reported for the six months ended June 30, 2020.Excluding non-cash fair value adjustments, net income was $0.6 million for the three months ended June 30, 2021, a 27% increase over the...

Second Quarter 2021 Managed Case Volume Increased 114% to 4,257 DENVER, Aug. 16, 2021 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (“IONM”), reported financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial Highlights vs. Second Quarter 2020 (All currency reported in U.S. Dollars)Total revenue was $6.2 million versus ($10.7) million. Managed cases increased 114% to 4,257 versus 1,991. General and administrative expenses were $4.0 million compared to $1.7 million, reflecting IT investments in support of automation and analytics, adding complementary talent to the management team, and for professional fees related to financing transactions, Nasdaq application and acquisitions. Net loss of $1.3...

Secured funding of approximately $138 million through merger and private placement investment in public equity (PIPE) financing Expanded Phase 1 clinical trial to include difficult-to-treat patient population Established multiple strategic and commercial partnershipsFLORHAM PARK, N.J., Aug. 16, 2021 (GLOBE NEWSWIRE) — Celularity Inc. (“Celularity”) (Nasdaq:CELU), a clinical-stage biotechnology company developing off-the-shelf placental-derived allogeneic therapies, today reported financial results for the quarter ended June 30, 2021, and provided a summary of recent corporate highlights. “This has been an exciting time for Celularity, with the achievement of multiple transformational milestones and significant progress in our unique approach to cellular medicine,” said Robert J. Hariri, M.D., Ph.D., founder, Chairperson and...

TORONTO, Ontario and BROSSARD, Québec, Aug. 16, 2021 (GLOBE NEWSWIRE) — Bitfarms Ltd. (“Bitfarms”, or the “Company”) (Nasdaq:BITF/TSXV:BITF) today announces its financial results for the second quarter ended June 30, 2021 (“Q2 2021”). All financial references are denominated in US dollars, unless otherwise noted. Q2 2021 HighlightsRevenues of $36.7 million; gross profit of $23.4 million (64% gross margin), operating loss of $2.1 million (-6% operating margin), and net loss of $3.7 million; Gross mining profit1 of $28.1 million (79% gross mining margin); Adjusted EBITDA of $23.8 million (65% Adjusted EBITDA margin); Mined 759 Bitcoin with an average cost of approximately $9,000 per Bitcoin2 and held 1,293 Bitcoin valued at $35,057 per bitcoin, or approximately $45.3 million, as of June 30, 2021; Received and installed 3,461 miners...

Asset Management Platform Driving Growth in Revenue, Earnings, and Balance Sheet WASHINGTON, D.C. and RESTON, Va., Aug. 16, 2021 (GLOBE NEWSWIRE) — On August 16, 2021, Comstock Holding Companies, Inc., (NASDAQ: CHCI) (the “Company”), announced financial results for the three and six months ended June 30, 2021: Highlights of Second Quarter 2021:Net income increased by 850% to $11.2 million during the second quarter 2021, as compared to $1.2 million during the same period of the prior year Total revenue increased by 40% to $6.3 million during the second quarter 2021, as compared to $4.5 million during the same period of the prior year Cash and cash equivalents increased to $10.2 million as of June 30, 2021, as compared to $7.0 million as of December 31, 2020 The significant increase in net income is attributable in part to deferred...

Lowell Reports 37% sequential growth in revenue driven by large cultivation yields advances and strong growth in demand for the Lowell branded products SALINAS, Calif., Aug. 16, 2021 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California-born innovator in cannabis cultivation and maker of the legendary brand Lowell Smokes, announced revenue and operating results for the second quarter (ended June 30, 2021). All figures stated are in US Dollars and are on a US GAAP basis. Second Quarter Financial Highlights:Revenue generated for the three-month period ended June 30, 2021 was $15.2 million; an increase of 53% from Q2 2020 and an increase of 37% over the preceding quarter. Gross margin was 38% compared to negative margin of 13% in both the second quarter of last year and Q1 2021. Operating loss...