Day: August 16, 2021

Groundbreaking Progress in Clinical Trial and Drug Discovery Programs Enhanced Technology Offering with Mindleap 2.0, its Digital Health Platform to Support the Adoption of Psychedelics into Mental Health and Inner Wellness DENVER, Aug. 16, 2021 (GLOBE NEWSWIRE) — Mydecine Innovations Group (NEO: MYCO) (OTC: MYCOF) (FSE: 0NFA) (“Mydecine” or the “Company’), an emerging biopharma and life sciences company committed to the research, development, and acceptance of alternative nature-sourced medicine for mainstream use, today reported its financial results for the second quarter ended June 30, 2021 and provided a business update. “Mydecine has continued to make groundbreaking progress and novel discoveries in its psilocybin compound research and psychedelic-assisted drug development in the second quarter of 2021. We identified our...

HOUSTON, Aug. 16, 2021 (GLOBE NEWSWIRE) — Deep Down, Inc. (OTCQB: DPDW) (“Deep Down” or the “Company”), a specialist in offshore energy equipment and services, today reported results for its second quarter ended June 30, 2021. Deep Down will hold a conference call tomorrow, Tuesday, August 17, 2021 at 10:00 am Eastern Time to review its results and outlook (call details below). Deep Down at a Glance:Share Price†: $0.72 Cash*: $4.1M52-Week Range: $0.34 – $0.80 Book Value*: $8.8MShares Out.†: 12.4M Price / Book Value: 1.0xMarket Cap†: $8.9M TTM Revenue: $15.1M*As of 12/31/20; †As of 8/13/21      Charles Njuguna, Deep Down’s CEO, commented, “Deep Down’s results for the second quarter of 2021 represent continued momentum for the company as we continue to capitalize on opportunities created by increased levels...

SAN DIEGO, Aug. 16, 2021 (GLOBE NEWSWIRE) — Ensysce Biosciences, Inc. (“Ensysce” or the “Company”) (NASDAQ: ENSC, OTC: ENSCW), a clinical-stage biotech company with proprietary technology platforms to reduce the economic and social burden of prescription drug abuse and overdose, today reported financial results for the second quarter of 2021 and recent corporate updates. “In the second quarter, we successfully closed our merger with Leisure Acquisition Corp., providing us with financial resources to advance our lead clinical programs and focus on expanding our pipeline of products in the pain, opioid use disorder (OUD) and ADHD space as a publicly listed company,” said Dr. Lynn Kirkpatrick, CEO of Ensysce Biosciences. “We currently have two technology platforms, TAAP and MPAR™, with three clinical-stage product candidates. Our...

SaaS recurring revenue grew 26% year over year and 10% sequentially 3 New ‘Hyper Growth’ Products released in Q2 including:verbMAIL video email solution for Microsoft Outlook – Gmail version coming powerful Attribution feature added to verbLIVE creating an affiliate marketing component, increasing total addressable market exponentially PULSE, an AI/BI-based feature set that tracks prospect interactions then educates salespeople while it automates the selling processVERB Marketplace [codename], an online destination for livestream shopping, is in active beta testing with multiple retailersNEWPORT BEACH, Calif. and SALT LAKE CITY, Aug. 16, 2021 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”), the leader in interactive video-based sales enablement applications,...

First quarter fiscal 2022 financial results highlighted by 23% increase in revenue and strong execution against strategic growth priorities NEW YORK, Aug. 16, 2021 (GLOBE NEWSWIRE) — Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today has filed an amendment no. 2 to the Current Report on Form 8-K (the “Form 8-K”), which includes financial results for the first quarter ended June 30, 2021 (the “first quarter 2022”). The Form 8-K can be found in the Company’s filings with the Securities and Exchange Commission (the “SEC”) at www.sec.gov, which are also included in the Investor Relations section of the Company’s website. Highlights and Recent DevelopmentsTotal revenues for the year ended March 31, 2021 were $81.8 million, which represented an increase of 28% year-over-year,...

Return to Net Income Positive NEW YORK, Aug. 16, 2021 (GLOBE NEWSWIRE) — Staffing 360 Solutions, Inc. (NASDAQ: STAF), a company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, today announced its Fiscal 2021 second quarter and six-month financial results. Q2 2021 OverviewRevenue increased 16.5% to $50.5 million from $43.4 million in Q2 ’20 (22.9% increase excluding the disposal of firstPRO)                  Gross profit increased 19.4% to $9.0 million from $7.6 million in Q2 ’20 (36.8% increase excluding the disposed business)                             Loss from operations narrowed to ($1.1 million) as compared with a loss from operations of ($1.5 million) in Q2 ’20 – a result of strong execution in all of our businesses...

Gross Sales Increase of 104% to US$12.4 Million Year-over-Year Net Sales Increase of 103% to US$10.6 Million Year-over-Year Gross Margin Improved 7.6% Year-over-Year BOCA RATON, Fla., Aug. 16, 2021 (GLOBE NEWSWIRE) — Stem Holdings, Inc. d/b/a Driven by Stem (OTCQX: STMH) (CSE: STEM) (the “Company” or “Stem“), the first multi-state, vertically integrated Farm-to-Home™ (F2H) cultivation and technology omnichannel cannabis company featuring a proprietary Delivery-as-a-Service (DaaS) marketplace platform, today reported results for the third fiscal quarter ended June 30, 2021. Stem reported third quarter record gross sales of US$12.4 million and net sales of US$10.6 million, a 104% increase and 103% increase, respectively, over the prior year’s US$6.1 million gross sales and US$5.2 million net sales. Gross margin...

WALL, N.J., Aug. 16, 2021 (GLOBE NEWSWIRE) — BIO-key International, Inc. (Nasdaq: BKYI), an innovative provider of biometric and multi-factor identity and access management (IAM) solutions for strong, convenient user authentication and large-scale identity applications, today reported results for its second quarter and six months ended June 30, 2021 (Q2’21). BIO-key will host a conference call tomorrow at 10:00 a.m. ET (details below) to review its results and outlook. Highlights: Q2 Customer WinsCalifornia Community College System Expanded to 55+ Customers with Addition of Mendocino College Migration to PortalGuard® Identity-as-a-Service (IDaaS) Platform Accelerates as Higher-Education and Enterprise Customers Choose Cloud-Based Identity ManagementQ2 Channel Alliance Partner Program ExpansionAdded Kenya-Based Cyber Security...