Month: January 2025
Quantum Traffic Management transitions from saliva and urine testing to non-invasive, in-house fingerprint sweat-based drug screening
Most recent client added to INBS’s portfolio of more than 400 accounts across the globe, as the Company plans entry into the US market in 2025
NEW YORK, Jan. 29, 2025 (GLOBE NEWSWIRE) — Intelligent Bio Solutions Inc. (Nasdaq: INBS) (“INBS” or the “Company”), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced that Quantum Traffic Management (“Quantum TM”), a leading UK-based traffic management provider, has adopted INBS’ Intelligent Fingerprinting Drug Testing Solution across its 10 nationwide sites to increase workplace testing efficiency and safety.
With over 30 years of industry experience, Quantum TM operates across the utilities, highways,...
Dynamic Systems Inc. Teams Up with University of Alabama to Beta Test New UHTC System for Advanced Materials Research
Written by Customer Service on . Posted in Public Companies.
Dynamic System’s UHTC ChamberDeveloped for ceramics and composites, the new UHTC system introduced by the creators of Gleeble simulators combines faster heating and cooling with enhanced testing efficiency, which can significantly increase testing throughput.POESTENKILL, N.Y., Jan. 29, 2025 (GLOBE NEWSWIRE) — Dynamic Systems Inc. (DSI), a leading provider of advanced materials testing solutions and a subsidiary of Vishay Precision Group Inc. (VPG), has launched its new standalone Ultra High Temperature Ceramic and Composite (UHTC) system for the development and testing of non-conductive materials, including ceramics. This innovative solution pushes the boundaries of material testing, enabling research and development at temperatures exceeding 2000°C for non-conductive materials, including ceramics.
DSI is proud to...
NewLake Capital Partners Announces Tax Characteristics of 2024 Dividends
Written by Customer Service on . Posted in Public Companies.
NEW CANAAN, Conn., Jan. 29, 2025 (GLOBE NEWSWIRE) — NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced the tax treatment of its common stock dividends declared in 2024.
The information below is provided to assist the Company’s stockholders with tax reporting requirements related to the dividend distribution of taxable income by the Company. Stockholders should receive IRS Form 1099-DIV containing this information from their brokers, transfer agents or other institutions. These tax statements should be reviewed to ensure that they agree with the information provided below.
Tax Treatment of Distributions The Federal Income Tax classification of the 2024 dividend distributions on the Company’s common stock, as it...
Adial Pharmaceuticals Announces Positive Clinical Study Results from the AD04-103 Pharmacokinetics Study of AD04 for the Treatment of Alcohol Use Disorder
Written by Customer Service on . Posted in Public Companies.
Completion enables the End-of-Phase 2 (EOP2) interaction with the FDA on the design of the Phase 3 program and is expected to facilitate ongoing partnership discussions
Adial’s formulation exhibited predictable bioavailability relative to the reference standard; near-micro doses exhibited dose proportionality in pharmacokinetic exposure, and no food effect
Safety and tolerability consistent with ondansetron’s extensive human use experience
GLEN ALLEN, Va., Jan. 29, 2025 (GLOBE NEWSWIRE) — Adial Pharmaceuticals, Inc. (NASDAQ: ADIL) (“Adial” or the “Company”), a clinical-stage biopharmaceutical company focused on developing therapies for the treatment and prevention of addiction and related disorders, announced the completion of a pharmacokinetics (PK) study of AD04, and has made a regulatory submission of...
ES Bancshares, Inc. Announces Fourth Quarter 2024 Results; Continues Trend of Net Interest Margin Expansion and Asset Quality
Written by Customer Service on . Posted in Public Companies.
STATEN ISLAND, N.Y., Jan. 29, 2025 (GLOBE NEWSWIRE) — ES Bancshares, Inc. (OTCQX: ESBS) (the “Company”) the holding company for Empire State Bank, (the “Bank”) today reported net income of $466 thousand, or $0.03 per diluted common share, for the quarter ended December 31, 2024, compared to a net income of $582 thousand or $0.08 per diluted common share for the quarter ended September 30, 2024. Key Quarterly Financial Data
2024 HighlightsPerformance Metrics
4Q24
3Q24
4Q23
•The Cost of Funds for the three months ended December 31, 2024, improved to 3.02% from 3.02% in the prior linked quarter.
•For 3 months ended December 31, 2024, the Company’s net interest margin increased to 2.50% compared to 2.30% for the 3 months ended September 30, 2024.
•The Company sold $3 million in SBA 7a loan during the quarter, resulting...
Worksport ($WKSP) Initiates Bitcoin (BTC) & Ripple (XRP) Purchases as Part of Strategic Move to Hedge Inflation and Embrace Cryptocurrency Adoption
Written by Customer Service on . Posted in Public Companies.
Following Business Growth, Company Initiates Purchases and Shares Long-Term View
West Seneca, New York, Jan. 29, 2025 (GLOBE NEWSWIRE) — Worksport Ltd. (NASDAQ: WKSP) (“Worksport” or the “Company”), a U.S. based manufacturer and innovator of hybrid and clean energy solutions for the light truck, overlanding, and global consumer goods sectors, is pleased to announce it has made initial purchases of Bitcoin (BTC) and Ripple (XRP) as part of a newly established cryptocurrency treasury strategy. Projecting revenue growth, the release of three (3) new products, and approaching cash flow positivity, all within 2025, the Company’s proactive crypto strategy is positioned as a timely complement to global transformations.
A Proactive Treasury Approach
This week, Worksport has made its initial six-figure purchase of Bitcoin (BTC) and Ripple...
Tandy Leather Factory Announces Completion of HQ Sale and Lease of New Space, Dividend to Stockholders
Written by Customer Service on . Posted in Public Companies.
FORT WORTH, Texas, Jan. 29, 2025 (GLOBE NEWSWIRE) — Tandy Leather Factory, Inc. (the “Company”, Nasdaq: TLF) today announced that it had closed on the sale of its corporate headquarters facilities, including its primary distribution center and flagship retail store, to Colonna Brothers, Inc. Concurrently with the closing, the Company entered into lease agreements to remain in its current spaces until approximately September 2025. The Company is continuing to seek a new location for its Fort Worth flagship store, which remains open at its current site.
The Company also announced that on January 28, 2025, it entered into a ten-year lease for new headquarters and distribution space at Chisolm 20 Commerce Park in Benbrook Texas, a few miles from its current offices. The lease, for approximately 134,000 square feet, will commence in...
SJW Group Declares Dividend and Announces 2025 Dividend Increase
Written by Customer Service on . Posted in Dividend Reports And Estimates.
5% increase in annual dividend
57 consecutive years of annual dividend increases
More than 80 consecutive years of dividend paymentsSAN JOSE, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) — The Board of Directors of SJW Group (NASDAQ: SJW) has declared a quarterly cash dividend of $0.42 per share payable on March 3, 2025, to all shareholders of record at the close of business on Feb. 10, 2025.
The March dividend will represent a 5% increase over the dividend paid in December 2024. The 2025 annualized dividend is expected to be $1.68 per share compared with $1.60 per share in 2024.
“The action by our board to increase the annual dividend demonstrates its continuing confidence in SJW Group’s mission and employees,” said President, Chief Executive Officer and Chair of the Board Eric W. Thornburg. “Our team of trusted, passionate and socially...
Progressive Reports December 2024 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
MAYFIELD VILLAGE, OHIO, Jan. 29, 2025 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended December 31, 2024:
December
Quarter(millions, except per share amounts and ratios; unaudited)
2024
2023
Change
2024
2023
ChangeNet premiums written
$
5,964
$
4,876
22
%
$
18,105
$
15,130
20
%Net premiums earned
$
6,717
$
5,310
26
%
$
19,144
$
15,773
21
%Net income
$
942
$
901
5
%
$
2,356
$
1,988
19
%Per share available to common shareholders
$
1.60
$
1.53
5
%
$
4.01
$
3.37
19
%Total pretax net realized gains (losses) on securities
$
(140
)
$
144
(197
)
%
$
(53
)
$
303
(117
)
%Combined ratio
84.1
83.4
0.7
pts.
87.9
88.7
(0.8
)
pts.Average...
Janover Advances SaaS Platform with AI-Powered Natural Language Search
Written by Customer Service on . Posted in Public Companies.
Janover’s customers are delighted as it accelerates customers in its fastest-growing SaaS product to sift through millions of data points to find the data, fast, using AI.
BOCA RATON, FL, Jan. 29, 2025 (GLOBE NEWSWIRE) — Janover Inc. (Nasdaq: JNVR) (“Janover” or the “Company”), an AI-enabled platform connecting the multifamily and commercial real estate industry, today announced the launch of advanced artificial intelligence search capabilities within Janover Pro, its leading multifamily and commercial property financing B2B SaaS marketplace.
The new AI-powered search functionality enables multifamily and commercial real estate professionals to efficiently identify suitable lenders by simply describing their loan scenarios in natural language with the AI triaging millions of data points in seconds...