Year: 2023

BOCA RATON, Fla., Nov. 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 September 30, 2023. Results for Quarter Ended September 30, 2023, vs. Quarter Ended September 30, 2022:Total fundings increased 10.7% to $28.9 million from $26.1 million consisting of gross lease originations decreasing 10.8% from $15.7 to $14.0 million, loan participations decreasing 99.3% from $10.4 million to $77 thousand, and loan originations increasing from $0 to $14.8 million   Total net lease and loan revenues and fees increased 20.3% to $31.4 million from $26.1 million   Gross profit increased 164.1% to $16.9 million from $6.4 million   Adjusted EBITDA1...

Midland, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) — Third Quarter 2023 HighlightsRental revenue of $27.7 million, an increase of 49% when compared to the third quarter of 2022 and 15% when compared to the second quarter of 2023. Net income of $2.2 million, or $0.18 per basic share, as compared to a net loss of $80,000 in the third quarter of 2022 and net income of $504,000 in the second quarter of 2023. Adjusted EBITDA of $11.8 million, compared to $7.7 million in the third quarter of 2022 and $9.9 million in the second quarter of 2023. Please see Non-GAAP Financial Measures – Adjusted EBITDA, below.MIDLAND, Texas November 14, 2023 (GLOBE NEWSWIRE) Natural Gas Services Group, Inc. (“NGS” or the “Company”) (NYSE:NGS), a leading provider of natural gas compression equipment, technology and services to the energy industry,...

SEATTLE, Nov. 14, 2023 (GLOBE NEWSWIRE) — Perspective Therapeutics, Inc. (NYSE AMERICAN: CATX), today announced third quarter financial results for the period ended September 30, 2023 and provided recent business highlights..  “Our commitment to advancing targeted alpha-particle therapies against neuroendocrine tumors remains steadfast as we have completed dosing of the first patient in the Phase 1/2a clinical trial of [212Pb]VMT-α-NET,” said Thijs Spoor, Perspective Therapeutics’ CEO. “In addition, we completed recruitment for the first patient cohort in the Company-sponsored Phase 1/2a dose escalation/dose expansion clinical trial evaluating [212Pb]VMT01 for the treatment of histologically confirmed melanoma. We are nearing completion of the imaging portion of the clinical trial evaluating the suitability of [203Pb]VMT01...

–  Preliminary data from the WTX-124 monotherapy dose-escalation arm of the ongoing Phase 1/1b clinical trial provide compelling early evidence of dose-dependent anti-tumor and biomarker activity –   –  Safety data indicate WTX-124 is generally well tolerated through cohort 4 (12 mg), with a wide therapeutic index supportive of continued dose escalation –   –  Additional interim WTX-124 monotherapy data and recommended dose for expansion expected in the first half of 2024 –      –  Announcing the addition of WTX-518, a novel conditionally activated IL-18 INDUKINE™ molecule designed to promote activation of immune cells in the tumor microenvironment resulting in antitumor immunity, to Werewolf’s pipeline of preclinical development candidates –   WATERTOWN, Mass., Nov. 14, 2023 (GLOBE NEWSWIRE) — Werewolf Therapeutics, Inc....

MOUNTAIN VIEW, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) — Iridex Corporation (Nasdaq: IRIX), a worldwide leader providing innovative and versatile laser-based medical systems, delivery devices, and procedure probes for the treatment of glaucoma and retinal diseases, today reported financial results for the third quarter ended September 30, 2023 and provided a business update. Recent Business UpdatesGenerated total revenue of $12.9 million, representing flat sequential quarter revenue and a decrease of 12% year-over-year Cyclo G6® product family revenue in the third quarter of $3.0 million, representing a decrease 12% year-over-year due to reduced systems salesSold 13,200 Cyclo G6 probes, representing a 3% revenue increase and 3% unit decrease year-over-year Sold 27 Cyclo G6 Glaucoma Laser Systems, compared to 41 in the second...

Hallmark Financial Services, Inc.Hallmark Financial Services, Inc.DALLAS, Nov. 14, 2023 (GLOBE NEWSWIRE) — Hallmark Financial Services, Inc. (“Hallmark”) (NASDAQ: HALL) today filed its Form 10-Q and announced financial results for the third quarter and nine months ended September 30, 2023.  Third Quarter   Year-to-Date  2023 2022   2023 2022$ in millions:          Net loss from continuing operations $ (16.7 ) $ (29.2 )   $ (73.7 ) $ (104.9 )Net (loss) income from discontinued operations $ (4.8 ) $ 1.1     $ 1.1   $ 4.2  Net loss $ (21.5 ) $ (28.1 )   $ (72.6 ) $ (100.7 )Operating loss from continuing operations(1) $ (11.7 ) $ (20.6 )   $ (29.1 ) $ (69.2 )           $ per diluted share (2):          Net loss from continuing operations $ (9.16 ) $ (16.08 )   $ (40.53 ) $ (57.72 )Net (loss)...

MILPITAS, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) — View, Inc. (Nasdaq: VIEW) (“View” or the “Company”), a leader in smart building platforms and technologies, today announced financial results for Q3 2023. Q3 2023 Financial HighlightsRevenue Growth: Q3’23 revenue of $38 million grew 61% year-over-year compared to $24 million in Q3’22. Gross Margin Improvement: Higher quality revenue and lower fixed costs drove improving margins year-over-year:Gross Margin improved from ($25 million) in Q3’22 to ($4 million) in Q3’23, which included $6 million of charges from changes in estimated manufactured per-unit costs due to a revised future production outlook and $0.3 million of non-cash stock-based compensation expense. Gross Margin, without the future production outlook adjustments described above, was positive in Q3’23.Reduction...

SAN DIEGO, Nov. 14, 2023 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a global leader in sustainable energy management, today reported results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Results Revenues: In the third quarter that ended September 30, 2023, revenue increased to $3.04 million from $1.39 million reported in the same period last year, with revenues more than doubling – or an increase of approximately 118%. Contract Services revenue increased over 4,800%, with revenue of approximately $1.14 million versus approximately $20 thousand in the same quarter last year. Product revenue for the quarter was approximately $1.90 million, up from approximately $1.37 million during the same period last year for an increase...

WILMINGTON, Del., Nov. 14, 2023 (GLOBE NEWSWIRE) — Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) (“Onfolio” or the “Company”), a holding company that acquires and manages a diversified portfolio of online businesses across a broad range of verticals, announces financial results for the third quarter ended September 30, 2023. Financial HighlightsThird quarter 2023 revenue grew 273% year-over-year to $1.31 million compared to $0.35 million in the third quarter of 2022 Third quarter 2023 gross profit grew 526% to $0.85 million (representing gross margin of 64.5%) vs. $0.14 million in the prior year period (representing gross margin of 38.4%) Third quarter 2023 total operating expenses increased 397% to $5.59 million (including approximately $3.8 million in impairment charges related to intangible assets) vs. $1.12 million in the prior...

TRAVERSE CITY, Mich., Nov. 14, 2023 (GLOBE NEWSWIRE) — MachTen, Inc. (“MACT”) (OTC: MACT) today reported its operating results for the quarter ended September 30, 2023. “It’s an exciting time for MachTen! We completed the spin-off from LICT on August 31, and appreciate the unwavering efforts of our teams in Carney, Traverse City and Rye. While our 3rd quarter earnings reflect a strong foundation, we have very significant opportunities to improve operating efficiencies as a standalone public company with a focused management team. We are well positioned to benefit from industry trends, and have a clear plan for meaningful growth in the years ahead,” commented Dan Miller, Chief Executive Officer. Financial Highlights(In thousands)   Three Months Ended    September 30, 2023   September 30, 2022         Regulated revenue   $ 3,079   $ 3,120Non-regulated...