Day: November 14, 2023

Record Sales of $12.7 million for the Third Quarter; 120% Year-Over-Year Growth Record Gross Margin of $4.6 million for the Quarter; 149% Year-Over-Year Growth HOLLYWOOD, FL, Nov. 14, 2023 (GLOBE NEWSWIRE) — Healthier Choices Management Corp. (OTC Pink: HCMC) today announced its financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Results and Recent Highlights:Net sales from operations for the three-month period ended September 30, 2023, amounted to $12.7 million, compared to $5.8 million, an approximately $6.9 million and 120% increase versus the same period in 2022. Gross margin from operations increased by approximately $2.8 million for the three-month period ended September 30, 2023, amounting to $4.6 million, compared to $1.9 million for the same period in 2022, a 149% year-over-year increase. Adjusted...

NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) — Staffing 360 Solutions, Inc. (Nasdaq: STAF) (“Staffing 360 Solutions” or the “Company”), a company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, today reported its second quarter 2023 financial results for the period ended July 1, 2023. Second Quarter 2023 OverviewRevenue grew by 5.1% (5.9% in constant currency) to $62.1 million, compared with $59.1 million for the prior year period, resulting primarily from the Company’s Headway Workforce Solutions acquisition. Gross profit was $8.8 million, compared with $10.5 million for the prior year period. Operating loss was $1.6 million, compared with an operating loss of $643,000 for the prior year period. Net loss totaled $2.9 million, compared...

– Q3 Revenue Increased to $5.0 Million Compared to $87.7k in the Year-Ago Quarter, Driven by Accelerating Demand for Freeze-Dried Candy Products – – Continued Construction on Three Additional Freeze Driers to Bolster Production Capacity Expansion – – Increased Distribution Footprint Through Leasing a 51,000 Square Foot Warehouse in Irving, Texas in October 2023 – IRVING, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) — Sow Good Inc. (OTCQB: SOWG) (the “Company”), a trailblazer in the freeze-dried candy industry, is reporting financial and operating results for the third quarter ended September 30, 2023. “Our outstanding third quarter performance highlights the strides we have made in rapidly scaling our production capacity to meet the surging demand for our innovative and flavorful freeze dried treats,”...

Company Secures Preferred Vendor Status for Bitcoin ATM Services to AATAC’s 50,000 Members ATLANTA, Nov. 14, 2023 (GLOBE NEWSWIRE) — Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced it has been named a preferred vendor with the AATAC, a national trade association of retailers, distributors, vendor suppliers and partners for the convenience store and retail industries. Bitcoin Depot is the first BTM company to have gained recognition as a preferred vendor for AATAC, strengthening Bitcoin Depot’s value proposition. “Bitcoin Depot is proud to work with the AATAC as the association’s preferred BTM vendor, which introduces our company to AATAC’s 50,000 associated retailers nationwide,” said Bitcoin Depot CEO Brandon Mintz. “This is another...

25% Y-O-Y Revenue Growth in Q3 2023 Compared to Q3 2022 and 51% Increase in Gross Profit.  ● In Q3 2023, QHSLab generated $336,407 in revenues, reflecting a notable 25% year-over-year increase from the $269,323 reported in Q3 2022.  ● Achieved a 55% gross margin over the nine months ending September 30, 2023, representing a 551-basis point growth in gross profit compared to the same period in 2022, and realized a remarkable 51% increase in gross profit, reaching $189,510 in the three months ended September 30, 2023, compared to $125,607 for the corresponding period in 2022.  ● Net operating loss for nine months ending September 30, 2023, decreased by 54% to $191,747 compared to the same period in 2022.  ● Projecting positive net income in 2024.WEST PALM BEACH, FL, Nov. 14, 2023 (GLOBE NEWSWIRE) — QHSLab, Inc. (the...

GERMANTOWN, Md., Nov. 14, 2023 (GLOBE NEWSWIRE) — Orgenesis Inc. (NASDAQ: ORGS) (“Orgenesis” or the “Company”), a global biotech company working to unlock the full potential of cell and gene therapies (CGT), today announced it ranked 171 on the Deloitte Technology Fast 500™, a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year. Vered Caplan, CEO of Orgenesis, commented, “We are very proud to be recognized on the prestigious 2023 Deloitte Technology Fast 500™ list. Over the past decade, our team has worked to engineer a decentralized approach to manufacturing advanced cell and gene therapies, which lowers costs, streamlines logistics, and expands capacity. We are rapidly gaining traction in the market and remain...

Quarterly Revenue Increased 11% Revenue from Small Business Administration Transactions Doubled Quarterly Revenue Per Transaction Increased 78% BOCA RATON, Fla., Nov. 14, 2023 (GLOBE NEWSWIRE) —  Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled B2B fintech marketplace connecting commercial property borrowers and lenders with a human touch, today provided a business update, and announced its financial results for the third quarter ended September 30, 2023. Financial Highlights11% year-over-year revenue growth for the quarter ended September 30, 2023; 16% improvement in adjusted EBITDA for the 9 months ended September 30, 2023; Revenue per transaction increased 78% year-over-year for the third quarter of 2023; and Completed an IPO on July 25, 2023 onto the Nasdaq Stock Market raising over $5.0 million, with...

Mudra Band’s Gesture Algorithm Focusing on Finger Movement Exceled in 1,000-User Test, Ready for Widespread Mobile OS Deployment YOKNEAM ILLIT, ISRAEL, Nov. 14, 2023 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a pioneering tech firm specializing in AI-powered touchless sensing wearables, today announced that its gesture recognition algorithm has passed accuracy performance testing on a carefully curated custom dataset for finger movement recognition based on first-time usage. The AI-based system is designed to produce models that address the three essential user experience requirements of accuracy, false positive recognition, and responsiveness. The algorithm is universally compatible with the leading mobile operating systems. This includes support for TensorFlow...