Day: August 14, 2023

SCYNEXIS reported the closing of an exclusive license agreement with GSK for BREXAFEMME® (Ibrexafungerp Tablets). SCYNEXIS received an upfront payment of $90 million upon deal close. SCYNEXIS announced the achievement of the first development milestone of $25 million under the exclusive license agreement with GSK, based on the progression of the Phase 3 MARIO trial of ibrexafungerp in invasive candidiasis. SCYNEXIS and partner Hansoh Pharma announced the acceptance of a New Drug Application (NDA) by China’s National Medical Products Administration (NMPA) for oral ibrexafungerp tablets for the treatment of adult and post-menarchal pediatric females with vulvovaginal candidiasis in the Chinese mainland. IND enabling development for SCY-247, the next generation fungerp, continues to advance. With cash, cash equivalents and investments of...

PALO ALTO, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) — Mega Matrix Corp. (“MPU” or the “Company”) (NYSE American: MPU), today announced financial results for its second quarter ended June 30, 2023. Financial HighlightsThe Company had cash and cash equivalents of $6.8 million, and total liquidity (defined as cash equivalents and restricted cash, stable coins and digital assets) of approximately $9.2 million, as of June 30, 2023. Total assets were $10.8 million as of June 30, 2023. Equity attributable to MPU’s shareholders amounted to $11.8 million as of June 30, 2023.Operational HighlightsTreasury holdings of Ethereum (“ETH”) were 1,392.5, with a fair market value of approximately $2.6 million as of June 30, 2023. The Company explored Solo-Staking by staking 256 ETH to become eight (8) validators to...

NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) —  XWELL, Inc. (Nasdaq: XWEL) (“XWELL” or the “Company”), an authority in health and wellness solutions for people on the go, today reported results for the second quarter ended June 30, 2023. Financial and Business Highlights:Second quarter 2023 revenue at the Company’s XpresSpa business increased approximately 59% versus the same quarter in 2022. Second quarter 2023 Operating Expenses decreased approximately 13% sequentially and decreased approximately 52% from the same quarter in 2022. This progress demonstrates the positive effect of the Company’s cost-savings initiatives and focus on delivering a leaner, more profitable XpresSpa business. To further advance the Company’s efforts to drive profitability and growth, the Company appointed Suzanne A. Scrabis as...

(All amounts expressed in US dollars, unless otherwise stated) VANCOUVER, British Columbia, Aug. 14, 2023 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTCQX: ATCMF) today announced its financial results for the three months ended June 30, 2023, posting a net gain of $0.1 million. Production for the period at Atico’s El Roble mine totaled 2.8 million pounds (“lbs”) of copper and 2,294 ounces (“oz”) of gold in concentrate at a cash cost(1) of $2.22 per payable pound of copper(2). Fernando E. Ganoza, CEO and Director, commented, “As the overall production results improved over the previous quarter, the financial results followed the same trend. Now that the operation has again reached its intended steady state rate, we are anticipating further improvement in most financial metrics for the second...

BOCA RATON, Fla., Aug. 14, 2023 (GLOBE NEWSWIRE) — FlexShopper, Inc. (Nasdaq:FPAY) (“FlexShopper”), a leading national online lease-to-own (“LTO”) retailer and payment solution provider for underserved consumers, today announced its financial results for the quarter ended June 30, 2023. Results for Quarter Ended June 30, 2023 vs. Quarter Ended June 30, 2022:Total fundings decreased 11.0% to $27.5 million from $30.9 million consisting of gross lease originations decreasing 32.7% from $19.9 to $13.4 million, loan participations decreasing 99.1% from $11.0 million to $0.1 million, and loan originations increasing from $0 to $14.0 millionTotal net lease and loan revenues and fees decreased 32.9% to $24.5 million from $36.5 million  Gross profit decreased 52.0% to $8.4 million from $17.5 million   Adjusted EBITDA1 decreased 95.3%...

VANCOUVER, British Columbia, Aug. 14, 2023 (GLOBE NEWSWIRE) — Amcomri Entertainment Inc. (“Amcomri” or the “Company”) (CBOE: AMEN) (OTC: AMNNF) (Frankfurt: 25YO), a global producer and distributor of independent movies, TV series and documentaries, announced today financial results for the second quarter ended June 30, 2023. All dollar amounts are in Canadian dollars unless otherwise stated. Q2 2023 Highlights(Compared to Q2 2022)Revenue increased 110.8% to $7.5 million; Adjusted EBITDA1 increased 83.5% to $4.1 million; Net income increased 21.4% to $1.5 million; Strong contributions from the digital and physical distribution of “Left Behind: Rise of the Antichrist”, Abacus (Television and Documentary division), and 101 Films (Movie Distribution); Paid down debt by approximately $2.2 million.“We more than doubled our revenue...

All amounts are stated in United States dollars unless otherwise indicatedRevenue of $11.1 million Total Contract Value (“TCV”)1 bookings of $20.0 million Gross margin of 65% Adjusted EBITDA1 loss of $0.3 million Adjusted EPS1 loss of ($0.21) $13.0 million of cashTORONTO, Aug. 14, 2023 (GLOBE NEWSWIRE) — Optiva Inc. (“Optiva” or “the Company”) (TSX:OPT), a leader in powering the telecom industry with cloud-native billing, charging and revenue management software on private and public clouds, today released its second quarter financial results for the three-month period ended June 30, 2023. Optiva’s strategic decision to upgrade its current customer base to the cloud and invest in winning new customers requires a commitment to continue investments in its go-to-market (GTM) strategy and R&D, setting the Company on a path...

CHICAGO, Aug. 14, 2023 (GLOBE NEWSWIRE) — Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended June 30, 2023. “Our industry has seen the continued slowing through the second quarter of 2023. We have seen some hiring come back as seasonal industries begin to ramp up and we are poised to take advantage of this. We have created an internal marketing department which is focused on strategic targeting of industries and we have seen some of our new efforts paying off already.” said Adam He, CEO of Professional Diversity Network. “Through the completion of our equity line of credit...

PHOENIX, Aug. 14, 2023 (GLOBE NEWSWIRE) — MedAvail Holdings, Inc. (Nasdaq: MDVL) (“MedAvail”), an innovative pharmacy technology company, today reported financial results for the second quarter ended June 30, 2023. “During the second quarter, we were able to sustain the positive momentum that we have experienced since we began focusing on the immense market opportunity for our pharmacy technology in January of this year,” said Mark Doerr, Chief Executive Officer of MedAvail. “Of note, we placed an additional two revenue generating MedCenters in the field, bringing our year-to-date total to six, and we reiterate our expectation that we will place 25 net new revenue generating MedCenters in the field during 2023.” “Our pipeline continues to grow, primarily in the primary care and urgent care channels. In addition, Curant Health represents...

Quarterly Revenues Rise 15%, Six Month Revenues Rise 31% Quarterly Gross Profit Increase 32% Six Month Gross Profit Increases 34% FORT LAUDERDALE, FL, Aug. 14, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today reported financial results for the second quarter period ended June 30, 2023. Investors are encouraged to read the Company’s quarterly report on Form 10-Q which was filed with the Securities and Exchange Commissions (the “SEC”), contains additional information, and is posted at https://splashbeveragegroup.com/. Second Quarter Financial PerformanceNet revenues for the second quarter period ending June 30, 2023, were $5.2 million compared to $4.5 million in the prior year...