Month: August 2022

NEW YORK, Aug. 18, 2022 (GLOBE NEWSWIRE) — Starfleet Innotech, Inc. (OTC Pink: SFIO) today reported financial and operational results for the quarter ended June 30, 2022. The company posted a quarter revenue of $7.05 million, and accomplished a number of major milestones towards its goal of uplisting onto the Nasdaq. “This quarter’s results speak to Starfleet’s continued commitment to forge new global business opportunities,” said Jeths Lacson, Starfleet Innotech CEO. “As always, we are championing shareholder value, which reflects not only in our achieved milestones but in the infrastructure we continue to build in order to achieve long-term growth.” During the period covered, the company was able to successfully convert approximately 269 million shares held by current officers and key partners into a new class of Series B Preferred...

SAN DIEGO, CA, Aug. 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands, and supply chain, announced its financial results for the quarter ending June 30, 2022, and provided an overview of recent operational highlights. Second Quarter 2022 Financial and Operational Highlights ●     Generated $7.8 million in net revenue in the second quarter of 2022;●     Gross profit for the period ending June 30, 2022, was $6 million;●     Gross margins for the period were 76%; a substantial increase over the same period last year;●     International operations continued to experience growth with new revenue milestones ●     The Company focused...

ALBANY, NY, Aug. 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for cryptocurrency mining and other intensive computing, today announced the release of its July site level financials. Michael Toporek, CEO of Soluna Holdings, stated, “Despite Bitcoin remaining around $20,000 and challenging power markets, Soluna has been able to maintain healthy margins and increase computing power. As a result of the increase in activity from renewable energy generators seeking computing as the most effective solution to their curtailment problems, we continue to believe investing through the cycle is the best opportunity to deliver value to shareholders.” Key Summary Highlights: Increased...

Manchester, NH, Aug. 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Minim, Inc. (Nasdaq: MINM), the creator of innovative internet access products under the globally-recognized Motorola® brand, today reported second quarter financial results for the period ended June 30, 2022. Q2 2022 Financial Updates: ● Net revenue of $12.9 million, down 3.0% sequentially compared to $13.3 million in Q1 2022. ● Total deferred revenue as of June 30, 2022 increased by 32% compared to Q1 2022. ● Gross margin of 19.7% (30.2% before inventory costing errors) compared to 31.5% in Q1 2022. ● Net loss of $4.4 million ($3.1M net loss before inventory costing errors) compared to a net loss of $2.5 million in Q1 2022. ● Inventory costing errors were identified in Q2 2022 that reduce the net loss reported in the Annual Report on Form 10-K for the year ended...

(Expressed in United States dollars except where otherwise indicated) TORONTO, Aug. 18, 2022 (GLOBE NEWSWIRE) — (TSXV: GMN) GobiMin Inc. (“GobiMin” or the “Company”, together with its subsidiaries collectively the “Group”) reports its financial and operating results for the second quarter of 2022. The unaudited condensed interim consolidated financial statements along with quarterly highlights of management’s discussion and analysis have been filed with SEDAR (www.sedar.com) and are also available at the website of the Company (www.gobimin.com). Financial Highlights  Three months ended June 30, Year ended  2022 2021 December 31, 2021  $’000 $’000 $’000Continuing operations      Revenue 202 220 937Loss on disposal of financial assets (120) (22) (250)Fair value loss on financial assets (262) (26) (168)Net...

Reached a milestone of USD $20 million of base ARR at June 30, 2022 OTTAWA, Aug. 18, 2022 (GLOBE NEWSWIRE) — ProntoForms Corporation (TSXV: PFM), the global leader in no-code app development platforms for field teams, announced today its second quarter (Q2) financial results for the period ended June 30, 2022. All amounts are in US dollars unless otherwise stated. “We started 2022 with a disappointing Q1. In the second half of 2021, we added new leadership followed by large changes to the sales organization. Q2 2022 showed improvement but didn’t reflect the volume that we expected. We finished Q2 with 9% annual growth in recurring revenue and 2% over Q1,” said Alvaro Pombo, Founder and Chief Executive Officer. “After the lag in bookings in the first half, we are seeing value building up. We had an important enterprise expansion...