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Day: June 5, 2025

EuroDry Ltd. Reports Results for the Quarter Ended March 31, 2025

ATHENS, Greece, June 05, 2025 (GLOBE NEWSWIRE) — EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three-month period ended March 31, 2025. First Quarter 2025 Highlights:Total net revenues of $9.2 million. Net loss attributable to controlling shareholders, of $3.7 million or $1.35 loss per share basic and diluted, respectively. Adjusted net loss1 attributable to controlling shareholders for the quarter of $5.7 million or $2.07 loss per share basic and diluted, respectively, which represents the net loss attributable to controlling shareholders excluding the unrealized loss on derivatives and the net gain on sale of vessel. Adjusted EBITDA1 was $(1.0) million. An average of 12.8 vessels...

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Biomerica’s inFoods® IBS Clinical Study Results Published in June Issue of Gastroenterology

Landmark Peer-Reviewed Study Demonstrates Effectiveness of Personalized Dietary Therapy for IBS Patients Using inFoods® IBS Test. Gastroenterology, the premier journal in gastrointestinal science, features data supporting inFoods IBS as an effective personalized, non-drug approach for managing IBS. Study results suggest inFoods IBS could be particularly beneficial for IBS-M patients, a population with no current FDA-approved drug treatments.IRVINE, Calif., June 05, 2025 (GLOBE NEWSWIRE) — Biomerica, Inc. (Nasdaq: BMRA), a global leader in advanced diagnostic-guided therapies, today announced that data from its pivotal clinical trial evaluating the inFoods® IBS test in treating IBS sufferers has been published in the June 2025 issue of Gastroenterology, the official journal of the American Gastroenterological Association and...

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Worksport Announces Fall 2025 Launch of Highly Anticipated SOLIS & COR Nano-Grid System Following Completion of Major Engineering Milestones

Worksport LtdFigure 1: Closeups of the Worksport SOLIS & COR Nano-GridCompany Projects Millions in New 2025 Revenues. Modular Nano-Grid System Delivers 4,000Wh+ of Solar Generated Energy; Targeting Vehicles, Jobsites, Military, and Portable Power Markets.  West Seneca, New York, June 05, 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, today confirmed a Fall 2025 commercial launch for its much-anticipated modular nano-grid system, known as SOLIS & COR. This announcement follows the successful completion of key engineering milestones and validation benchmarks across both systems. The Company also released initial revenue forecasts,...

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Alpha Modus Appoints Tim Matthews as Head of Deployment Strategy to Accelerate CashX Rollout

CORNELIUS, N.C., June 05, 2025 (GLOBE NEWSWIRE) — Alpha Modus Holdings, Inc. (NASDAQ: AMOD), a leader in AI-driven retail technology and real-time consumer intelligence, today announced the appointment of Tim Matthews as Head of Deployment Strategy. Matthews, a seasoned marketing executive with deep experience in fintech and digital product launches, joins Alpha Modus at a pivotal time in its national CashX kiosk expansion.Matthews will be responsible for spearheading the rollout of Alpha Modus’s proprietary CashX smart kiosk network, designed to digitize the retail cash experience and integrate with emerging crypto-enabled financial services. This announcement comes on the heels of a series of strategic press releases highlighting rapid growth in CashX adoption and strategic alignment with AI-powered retail infrastructure. These...

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IREN May 2025 Monthly Update

SYDNEY, June 05, 2025 (GLOBE NEWSWIRE) — IREN Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN” or “the Company”), today published its monthly update for May 2025. May HighlightsRecord monthly revenue and hardware profit $1.6m daily hardware profit in May On track for 50 EH/s by June 30 AI Cloud Services revenue continuing to scale Horizon 1 AI Data Center on track for Q4 ’25 delivery Customer and financing workstreams progressing Transitioning to US domestic issuer status from July 1Key Metrics May 25 Apr 25 Mar 25       Bitcoin Mining      Average operating hashrate 38.4 EH/s 36.6 EH/s 30.3 EH/sBitcoin mined3 627 BTC 579 BTC 533 BTCRevenue (per Bitcoin) $103,345 $86,522 $85,012Electricity cost (per Bitcoin)1 ($27,033) ($24,381) ($20,460)Revenue $64.7m $50.1m $45.3mElectricity costs1 ($16.9m) ($14.1m) ($10.9m)Hardware...

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YY Group Acquires Uniforce Security with US$6.4 Million Revenue, Entering Singapore’s US$88 Billion Security Market

Singapore , June 05, 2025 (GLOBE NEWSWIRE) — YY Group Holding Limited (NASDAQ: YYGH) (“YY Group”, “YYGH”, or the “Company”), is pleased to announce the acquisition of Uniforce Security Pte Ltd (UFS), marking a pivotal step in expanding the Company’s Integrated Facility Management (IFM) division. This strategic acquisition underscores the Company’s commitment to delivering comprehensive, cutting-edge solutions to clients worldwide. Unlocking Synergies Across Divisions The acquisition of UFS not only strengthens YY Group’s presence in the security market but also opens new avenues for collaboration across its ecosystem. As an award-winning provider in the security industry, UFS brings a proven track record of excellence and reliability. Through YY Circle, the Company’s innovative employment platform, UFS will have access to a reliable...

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Metsera to Present New Research Highlighting the Breadth and Momentum of its Next-Generation Obesity Portfolio at the 85th Scientific Sessions of the American Diabetes Association®

Four presentations on MET-097i, a fully biased, monthly, ultra-long acting GLP-1 receptor agonist, including two clinical data presentations Additional preclinical presentations on other differentiated portfolio assets, including MET-233i, a monthly, ultra-long acting amylin analog NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) — Metsera, Inc. (Nasdaq: MTSR), a clinical-stage biopharmaceutical company accelerating the next generation of medicines for obesity and metabolic diseases, will highlight the breadth and momentum of its portfolio of ultra-long acting, scalable, and combinable therapies, including updated clinical and preclinical findings from lead program MET-097i, at the 85th Scientific Sessions of the American Diabetes Association® (ADA). “We look forward to presenting work spanning our portfolio to the scientific community...

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Bowman to Ring Nasdaq Opening Bell in Honor of 30th Anniversary

Event Recognizes Bowman’s Journey from Local Firm to National Engineering Partner RESTON, Va., June 05, 2025 (GLOBE NEWSWIRE) — Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, will ring the Nasdaq Stock Market opening bell on June 9, 2025, commemorating its 30th anniversary. Founder and CEO, Gary Bowman, alongside members of the Company’s leadership team and employees, will participate in the ceremonial bell ringing at the Nasdaq MarketSite in Times Square. The event recognizes a milestone year for the Company and highlights its three-decade evolution as a trusted provider of innovative engineering services for the built environment. “Thirty years ago, Bowman was a small civil engineering firm with a handful of people and clients,” said Bowman. “Since then, we’ve expanded...

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Optiva Agentic AI BSS, Powered by Google’s Gemini Models, Wins MVNOs World AI & Analytics Excellence Award

AI-driven BSS recognized for empowering MVNEs and MVNOs to launch and configure eSIM enablement and advanced product catalogs at speed TORONTO, June 05, 2025 (GLOBE NEWSWIRE) — Optiva Inc. (TSX: OPT), a leader in powering the telecom industry with cloud-native billing, charging and revenue management software on private and public clouds, is honored to receive the MVNOs World award for AI & Analytics Excellence. Optiva BSS Platform, featuring integrated AI-agents, was recognized for providing digital-first MVNEs and MVNOs with increased agility, AI-driven insights and scalability to accelerate success in the competitive telecom market. MVNOs World judges selected Optiva and recognized its innovative partnerships with MVNEs and MVNOs, including the new MVNE entrant in Nigeria, IMBIL Telecom. Utilizing a cloud-native and AI-driven...

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NextGen Digital Expands Cloud AI Hosting & Digital Infrastructure Operations & Provides Corporate Update

Fredericton, New Brunswick, June 05, 2025 (GLOBE NEWSWIRE) — NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) (“NextGen” or the “Company”) is pleased to announce that it has expanded its fleet of computing workstations for its online hardware-as-a-service business (“Cloud AI Hosting”) and that the newly acquired workstations have begun generating revenue.The three new workstations, each equipped with a high-performance Nvidia graphics processing unit (“GPU”), bring the Company’s total active GPU fleet to five. This expansion enables the Company to further increase its operational cash flows in the near-term and capture more demand in the artificial intelligence computing sector. The expansion of Cloud AI Hosting marks an additional significant step toward NextGen’s goal of building a larger fleet of GPUs for...

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