Month: August 2023

Well positioned for growth with cash and cash equivalents of $21.4 million and no outstanding debt Consolidated gross profit increased by 7.5% in Q2 2023 versus Q2 2022 OLD GREENWICH, Conn., Aug. 11, 2023 (GLOBE NEWSWIRE) — Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) (“Star Equity” or the “Company”), a diversified holding company, reported today its financial results for the second quarter (Q2) ended June 30, 2023. All 2023 and 2022 amounts in this release are unaudited. Following the sale of our Digirad Health business on May 4, 2023, all financial results for the 2023 and 2022 reporting periods, unless stated otherwise, relate to continuing operations, which currently include two divisions: Construction and Investments. Q2 2023 Financial Highlights vs. Q2 2022 (unaudited)Revenues decreased by 47.1% to $8.9 million from...

Achieved significant enrollment milestone in pivotal Phase 3 trial of IO102-IO103 cancer vaccine in advanced melanoma; full enrollment anticipated by the end of 2023 Initiated enrollment in three investigator-initiated trials which the company is supporting to evaluate IO102-IO103 in combination regimens across a variety of cancer types Continued enrollment in Phase 2 basket trial of IO102-IO103, in patients with lung cancer, and head and neck cancer Strengthened executive team with hires to key commercial and medical leadership positions Completed a $75 million private placement with participation from both new and existing healthcare-dedicated investors Ended the second quarter with approximately $110.1 million in cash and cash equivalents, which, together with the proceeds from the private placement financing, is expected to support...

LAS VEGAS, NV, Aug. 11, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Golden Matrix Group Inc. (NASDAQ:GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, today announced it had achieved record third quarter (ending July 31, 2023) revenues exceeding $11 million, with significant contributions from  RKings Tournament Competitions, the company’s B2C segment operating in the United Kingdom. “July marked our best monthly financial results at RKings since it was acquired almost two years ago,” said Golden Matrix CEO Brian Goodman. “It contributed $7.5 million toward total revenues in the quarter, which is $1 million more than contributions of about $6.5 million generated in both Q1 and Q2.” According to Mr. Goodman, operational improvements at RKings accounted for its upbeat...

The Company Will Host a Conference Call on Thursday, August 24, 2023, at 9:00 a.m. Eastern Time Tel Aviv, Israel, Aug. 11, 2023 (GLOBE NEWSWIRE) — Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) (“Alarum” or the “Company”), a global provider of enterprise and consumers internet access solutions, will release its financial results for the second quarter ended June 30, 2023, before the Nasdaq market opens on Thursday, August 24, 2023. Mr. Shachar Daniel, Chief Executive Officer of the Company, and Mr. Shai Avnit, Chief Financial Officer of the Company, will host a conference call on August 24, 2023, at 9:00 a.m. Eastern time, to discuss the financial results, followed by a Q&A session. To attend the conference call, please dial one of the following teleconferencing numbers. Please begin by placing your call five minutes before...

SINGAPORE, Aug. 11, 2023 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for the cryptocurrency mining community, today announced its unaudited financial results for the second quarter ended June 30, 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented, “During the second quarter of 2023, our total revenues increased by 5% year over year to $93.8 million, demonstrating the resilience of our unique business model and our strategic execution capabilities. At the same time, we continued to advance our initiatives to bolster and grow our business, as we delivered year-over-year increases in aggregate electrical capacity and total hash rate under management. On the infrastructure front, we forged ahead with our efforts to expand our global footprint...

Second Quarter Financial Results (in thousands) Q2 23 Q2 22 YOYChange Q2 23            YTD Q2 22 YTD YOYChangeTotal Revenues $ 4,493   $ 4,699 (4.4 %) $ 8,977 $ 9,247 (2.9 %)Operating Income   149     1,040 (85.7 %)   378   1,914 (80.3 %)Income Before Provision for Taxes   88     1,148 (92.3 %)   298   2,013 (85.2 %)Net (Loss) Income   (14 )   921 (101.5 %)   145   1,660 (91.3 %)Gross Billings*   17,541     17,604 (0.4 %)   35,128   34,249 2.6 %EBITDA*   144     1,197 (88.0 %)   406   2,124 (80.9 %)Adjusted EBITDA*   230     1,142 (79.9 %)   534   2,130 (74.9 %)Pre-Corporate EBITDA*   476     1,364 (65.1 %)   1.024   2,606 (60.7 %)*Non-GAAP measures referenced are detailed in the disclosures at the end of this release.DALLAS, Aug. 11, 2023 (GLOBE NEWSWIRE) — Wilhelmina International, Inc....

HOUSTON, Aug. 11, 2023 (GLOBE NEWSWIRE) — Nauticus Robotics, Inc. (“Nauticus” or the “Company”) (NASDAQ: KITT), a developer of autonomous robots using artificial intelligence for data collection and intervention services to the ocean industries, today announced results for the second quarter ended June 30, 2023. HighlightsSigned a contract with Shell plc (NYSE: SHEL) for an initial project in the Gulf of Mexico Princess Field. Pending success, this contract could lead to multi-million dollars worth of additional contracts over the next few years. Signed a contract with Petrobras (NYSE: PBR), one of the world’s largest energy companies, to deploy Aquanaut, the Company’s autonomous subsea robot, to support Petrobras’ offshore activities. The contract opens up a potential market opportunity of more than $100 million per year for...

– GeneFab transaction provides access to clinical manufacturing and extends cash runway into Q4 2024 – – IND for SENTI-202, potentially the first Logic Gated CAR-NK treatment for AML, on track for 2H 2023 – –  Cash, cash equivalents, and short-term investments of $59.6 million as of June 30, 2023 – SOUTH SAN FRANCISCO, Calif., Aug. 11, 2023 (GLOBE NEWSWIRE) — Senti Biosciences, Inc. (Nasdaq: SNTI) (“Senti Bio”), a biotechnology company developing a new generation of cell and gene therapies for patients living with incurable diseases using its proprietary Gene Circuit platform, today reported financial results for the second quarter of 2023. “With this month’s transaction establishing our new clinical manufacturing partner, GeneFab, Senti has a sharpened focus on advancing our internal oncology pipeline and partnered programs,”...

Revenue in Line with Prior Financial Guidance Continued Progress with CMS in Establishment of Medicare Benefit Category for Exoskeletons Pending Acquisition of AlterG Expected to Contribute to ReWalk Financial Results Starting in Q3’23 MARLBOROUGH, Mass. and BERLIN and YOKNEAM ILLIT, Israel, Aug. 11, 2023 (GLOBE NEWSWIRE) — ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”), a leading provider of innovative technologies that enable mobility and wellness in rehabilitation and daily life for individuals with neurological conditions, today announced its financial results for the three and six months ended June 30, 2023. Highlights of the Second Quarter of 2023 include:Total revenue for the second quarter of 2023 was $1.3 million, compared to $1.6 million for the second quarter of 2022. Total revenue for the six months...