Earnings Releases

Third Harmonic Bio, Inc. reported financial results for first quarter ended March 31, 2024.

“issued a press release reporting the Company’s financial results for the first quarter ended March 31, 2024”

Forza X1, Inc. reported financial results for three months ended March 31, 2024.

“issued a press release announcing its financial results for the quarter ended March 31, 2024”

Snail, Inc. reported the first quarter ended March 31, 2024 results: revenue $14.1 million, net income $1.8 million.

“133,000 DAUs. ○ ARK: Survival Evolved sold approximately 0.6 million units in the first quarter of 2024. Net revenues for the three months ended March 31, 2024 was $14.1 million compared to $13.5 million in the three months ended March 31, 2023. The increase in net revenues was due to an increase in total ARK sales of $5.1 million, an increase in revenue”

HeartCore Enterprises, Inc. reported the first quarter ended March 31, 2024 results: revenue $5.0 million, net income Net loss was about $1.5 million, EPS $(0.06) per diluted share.

“Revenues were $5.0 million compared to $8.7 million in the same period last year.”

Castellum, Inc. reported first quarter ended March 31, 2024 results: revenue $11.3 million.

“company focused on the federal government, announces highlights of its operating results for its first quarter ended March 31, 2024. Revenue for the first quarter of 2024 was $11.3 million, up sequentially from $11.1 million during the fourth quarter of 2023. Gross profit was $4.5 million compared to $4.6 million during the fourth quarter of 2023 . Operating”

Gold Flora Corp. reported its quarter ended March 31, 2024 results: revenue $32.2 million, net income $13.7 million.

“expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Gold Flora Reports First Quarter 2024 Financial Results Grew Revenue 13% Sequentially to $32.2 Million Achieved Adjusted Gross Profit of $17.4 Million, Representing 54% Adjusted Gross Margin Conference Call to be Held May 15, 2024, at 6:00 p.m. ET Costa Mesa, CA – May 15, 2024 -”

Allarity Therapeutics, Inc. reported first quarter ended March 31, 2024 results: net income -$3.8 million.

“Net loss was $3.8 million for the quarter ended March 31, 2024, compared to $3.4 million for the quarter ended March 31, 2023.”

Biofrontera Inc. reported the three months ended March 31, 2024 results: revenue $7.9 million, net income $10.4 million, or $(2.88) per share, EPS $(2.88) per share.

“2024 and provided a business update. Highlights from the first quarter of 2024 and subsequent weeks included the following: ● Total revenues for the first quarter of 2024 were $7.9 million, a 9% decrease from the same period of the prior year primarily driven by reimbursement headwinds our customers experienced due to the Change Healthcare data breach ● Cash and”

European Wax Center, Inc. reported 13 weeks ended April 6, 2024 results: revenue $51.9 million, net income $3.7 million. Guidance reaffirmed.

“Quarter Fiscal 2024 versus 2023 • Net new centers increased 7.5% to 1,051 total centers in 45 states • System-wide sales of $221.4 million increased 1.3% • Total revenue of $51.9 million increased 4.0% • Same-store sales decreased 1.2% • GAAP net income of $3.7 million and Adjusted net income of $4.8 million • Adjusted EBITDA of $17.5 million increased 7.4%”

KORE Group Holdings, Inc. reported full year 2024 results: revenue $300 million to $305 million. Guidance reaffirmed.

“The Company reaffirms its full year 2024 revenue guidance in the range of $300 million to $305 million and Adjusted EBITDA, a non-GAAP metric 2 , guidance in a range of $64 million to $66 million, reflecting a re-acceleration in IoT Connectivity growth.”

KORE Group Holdings, Inc. updated its first quarter ended March 31, 2024 guidance (reaffirmed).

“First quarter 2024 revenue was $76.0 million, a 15.2% increase over the same period last year.”

Twin Vee PowerCats, Co. reported three months ended March 31, 2024 results: revenue $5,276,343, net income net loss of $2,335,194.

“Twin Vee reported a 41% decline in consolidated revenue for the three months ended March 31, 2024, to $5,276,343 as compared to $8,877,215 in the same period in 2023. For the three months ended March 31, 2024, Twin Vee had a consolidated net loss of $2,335,194, as compared to a net loss of $1,828,465 in the prior year.”

Calidi Biotherapeutics, Inc. reported three months ended March 31, 2024 results: net income $7.2 million, EPS $0.20 per share.

“The company reported a net loss of $7.2 million, or $0.20 per share, for the three months ended March 31, 2024”

Glimpse Group, Inc. reported its third quarter fiscal year 2024, ended March 31, 2024 ("Q3 FY'24") results: revenue approximately $1.9 million, net income $1.54 million.

“assets. As was previously discussed and as expected, the temporary impact of this strategic transition was lower revenue. ● Q3 FY ‘24 quarterly revenue of approximately $1.9 million, a 48% decrease compared to revenue of approximately $3.7 million in Q3 FY ‘23 which was our record revenue quarter. ● Gross Margin for Q3 FY ‘24 was approximately 70% compared”

Dermata Therapeutics, Inc. reported first quarter ended March 31, 2024 results: net income $3.1 million of net loss.

“The decrease in cash and cash equivalents resulted from $3.1 million of net loss for the quarter ended March 31, 2024, and $0.2 million of decreased accrued liabilities, offset by $0.6 million in stock-based compensation expense.”

Mobile Infrastructure Corp reported first fiscal quarter ended March 31, 2024 results: revenue Total revenue was $8.8 million as compared to $7.1 million in the prior-year period, net income Net loss attributable to common stockholders was $2.6 million as compared to $2.3 million in the prior-year period. Guidance reaffirmed.

“● Total revenue was $8.8 million as compared to $7.1 million in the prior-year period. ● Net loss attributable to common stockholders was $2.6 million as compared to $2.3 million in the prior-year period.”

Volato Group, Inc. reported first quarter ended March 31, 2024 results: revenue $13.2 million, net income $17.4 million.

“Volato Reports First Quarter 2024 Results Announces $14.5 Million in New Financing Grew Flight Hours 39% and Blended Yield 8% Year-over-Year Expect Delivery of 10-12 New Aircraft in FY 2024 Atlanta, GA – May 15, 2024 – Volato Group, Inc. (NYSE American: SOAR) (“Volato” or the “Company”), a leading private aviation company and the largest HondaJet operator in the United States, today announced results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights • Total revenue was $13.2 million o Aircraft usage revenue was $11.5 million o Managed services revenue was $1.7 million • Net loss was $17.4 million, including the impact of a $0.2 million non-cash charge”

ATAI Life Sciences N.V. reported financial results for the quarter ended March 31, 2024.

“On May 15, 2024, ATAI Life Sciences N.V. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2024”

PSQ Holdings, Inc. reported first quarter 2024 results: revenue $3.5 million. Guidance reaffirmed.

“former Klarna North America CEO Brian Billingsley to lead the expedited development and launch of PSQPayments ● Increased net revenue (net of returns & discounts) by 817% to $3.5 million compared to the first quarter 2023 ● On a pro forma basis, net revenue was $6.4 million, including Credova as of January 1, 2024, 12.2% greater than the full year”

Zapata Quantum, Inc. reported the first quarter of 2024 results: revenue $1.22 million.

“generative AI on offerings that enhance operational efficiencies and customer responsiveness for Tech Mahindra’s global telecom customers Financial highlights • Revenue of in $1.22 million in Q1 2024 versus $1.51 million in Q1 2023 • Operating loss of $5.08 million in Q1 2024 versus $5.09 million in Q1 2023 • Cash used by operating activities of $2.15 million in Q1”

Airship AI Holdings, Inc. reported the first quarter ended March 31, 2024 results: revenue $10.6 million.

“Net revenues for the quarter ended March 31, 2024 were $10.6 million.”

Envoy Medical, Inc. reported first quarter ended March 31, 2024 results: revenue $59 thousand.

“forward to the prospect of disrupting the hearing industry with new competition and significant innovation.” Financial Results for the Quarter Ended March 31, 2024 Revenue was $59 thousand compared to $78 thousand for the same period in 2023, the decrease is primarily due to a decrease in the number of battery replacement requests received during the three months”

American Oncology Network, Inc. reported First Quarter 2024 results: revenue $364.3 million, net income Net loss before non-controlling interest was $24.9 million.

“Revenue was $364.3 million for the three-month period ended March 31, 2024, as compared to $303.7 million for the three-month period ended March 31, 2023, an increase of $60.6 million, or 20.0%. The overall increase was primarily attributable to increased patient encounters of 7.1% between the comparable periods, driving a $59.7 million increase in patient service revenue. This revenue growth was constrained in part by approximately $4.1 million of incremental implicit price concessions associated with accounts receivable in our legacy billing system as the Company transitioned its billing and collection efforts to a new billing system in the fourth quarter of 2023. For the three months ended March 31, 2024, cost of revenue increased $76.4 million, or 27.4%, which was primarily driven by higher drug and medical supply costs. Cost of revenue also includes equity-based compensation of $13.3 million for the quarter ended March 31, 2024, with no such costs incurred during the comparable ye”

Guerrilla RF, Inc. reported the first quarter 2024 ended March 31, 2024 results: revenue $5.1 million. Guidance reaffirmed.

“Guerrilla RF, Inc. (OTCQX: GUER), a leading provider of state-of-the-art RF and microwave semiconductors, today announced results for the first quarter 2024 ended March 31, 2024. The Company achieved record revenues of $5.1 million for the first quarter 2024, a 59.4% increase as compared to the first quarter of 2023.”

Guerrilla RF, Inc. reported first quarter ended March 31, 2024 results: revenue $5.1 million. Guidance reaffirmed.

“Guerrilla RF Reports Record First Quarter 2024 Results and Gross Margin Expansion ● Record revenue quarter of $5.1 million”

Serve Robotics Inc. /DE/ reported the three months ended March 31, 2024 results: revenue $0.95 million.

“Serve Robotics Announces First Quarter 2024 Results and Provides Corporate Update ● Revenue of $0.95 million”

HCW Biologics Inc. reported first quarter ended March 31, 2024 results: revenue $1.1 million, net income $7.5 million.

“we plan to submit in the third quarter of 2024. 2 First Quarter 2024 Financial Results • Revenues: Revenues for the first quarters ended March 31, 2023 and 2024 were $41,883 and $1.1 million, respectively. Revenues in both periods were derived exclusively from the sale of licensed molecules to the Company’s licensee, Wugen. The licensed molecules are one of the”

TriSalus Life Sciences, Inc. reported first quarter ended March 31, 2024 results: revenue $6.5 million, net income $13.2 million, EPS $0.60.

“TriSalus Reports Q1 2024 Financial Results and Business Update · Reported revenues of $6.5 million in 1Q24, up 116% compared to 1Q23 · Reported Gross Margin of 85% in 1Q24”

Velo3D, Inc. reported financial results for first quarter ended March 31, 2024.

“On May 15, 2024, Velo3D, Inc. (“Velo3D, Inc” or the “Company”) issued a press release announcing its financial results for the three months ended March 31, 2024 (the "Press Release").”

Sky Harbour Group Corp reported financial results for the quarter ended March 31, 2024.

“Sky Harbour Group Corporation (NYSE American: SKYH, SKYH WS) (“SHG” or the “Company”), an aviation infrastructure company building the first nationwide network of Home-Basing campuses for business aircraft, announced the release of its unaudited financial results for the quarter ended March 31, 2024 on Form 10-Q.”

Digital Media Solutions, Inc. reported financial results for the first quarter ended March 31, 2024.

“On May 15, 2024, Digital Media Solutions, Inc. issued a press release announcing its financial results for the first quarter ended March 31, 2024.”

BurgerFi International, Inc. reported the first quarter ended April 1, 2024 results: revenue $42.9 million, net income $6.5 million, EPS $(0.24) per diluted share.

“Highlights for the First Quarter 2024 • Total revenue was $42.9 million in the first quarter 2024 compared to $45.7 million in the prior period ◦ Consolidated systemwide sales decreased to $66.0 million compared to $73.4 million in the prior period ◦ Same-store sales decreased 2% at Anthony’s compared to the prior period ◦ Systemwide sales for BurgerFi decreased 17% to $33.4 million compared to the prior period ◦ Systemwide same-store sales decreased 13% at BurgerFi compared to the prior period • Hourly turnover continued to decline significantly from the sequential quarter, with Anthony’s and BurgerFi performing within industry benchmarks. Management turnover improved from the sequential quarter, with Anthony’s performing within industry benchmarks and BurgerFi continuing to approach industry benchmarks • Opened one BurgerFi franchised location and one corporate-owned flagship BurgerFi restaurant in New York City • Net loss decreased to $6.5 million, or $(0.24) per diluted share, comp”

Bakkt, Inc. reported the quarter ended March 31, 2024 results: revenue $854.6 million, net income $21.3 million.

“Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Bakkt Reports First Quarter 2024 Results - $854.6 million total revenues including gross crypto revenues and net loyalty revenues - Strong client crypto trading activity with notional traded volume up 324% quarter-over-quarter - $48.8”

NEXTNRG, INC. reported the three-month period ended March 31, 2024 results: revenue $6.6 million, net income $(1.9) million, EPS $(0.45).

“in such filing. --- EX-99.1 () --- EX-99.1 3 ex99-1.htm Exhibit 99.1 EzFill Announces 2024 First Quarter Financial Results -- Revenue Increased 26% Year Over Year to $6.6 Million From $5.2 Million -- -- Gross Profit Increased 184% From The Prior Year Period -- -- 1.66 Million Gallons Delivered, Up 26% From The Prior Year Period – -- 22 New Fleet Customers”

Xos, Inc. reported financial results for the first quarter ended March 31, 2024.

“On May 15, 2024, Xos, Inc. (the “Company”) issued a press release announcing its financial position as of March 31, 2024, results of operations for the three months ended March 31, 2024 and other related information.”

Spire Global, Inc. reported the quarter ended March 31, 2024 results: revenue $25.7 million. Guidance reaffirmed.

“First quarter 2024 revenue was $25.7 million, representing 6% year-over-year growth.”

Anebulo Pharmaceuticals, Inc. reported three months ended March 31, 2024 results: net income Net loss ... was $1.7 million, or $(0.06) per share, EPS $(0.06) per share.

“today announced financial results for the three months ended March 31, 2024”

Renalytix plc reported the fiscal third quarter ended March 31, 2024 results: revenue $0.5 million, net income Net loss was $7.7 million.

“During the three months ended March 31, 2024, the Company recognized $0.5 million of revenue, compared to $0.7 million for the three months ended March 31, 2023.”

Cullinan Therapeutics, Inc. reported the first quarter ended March 31, 2024 results: net income Net loss (before items attributable to noncontrolling interest) for the first quarter of 2024 was $37.3 million.

“Cullinan Therapeutics, Inc. (the "Company") announced its financial results for the quarter ended March 31, 2024.”

Edible Garden AG Inc reported three months ended March 31, 2024 results: revenue $3.1 million, net income $4.0 million, or ($13.65) per share.

“to create a contemporary line of fermented product offerings.” Financial results for the three months ended March 31, 2024 For the quarter ended March 31, 2024, revenue totaled $3.1 million, an increase of 27.6%, compared to $2.5 million for the three months ended March 31, 2023. The increase was attributable to an increase in customer demand for our cut herbs and”

MARKETWISE, INC. reported the first quarter ended March 31, 2024 results: revenue $109.0 million, net income $22.7 million.

“For the first quarter of 2024, MarketWise generated net income of $22.7 million on Generally Accepted Accounting Principles (GAAP) net revenue of $109.0 million.”

Valion Bio, Inc. reported first quarter 2024 results: revenue $334 thousand.

“Revenue for Q1 2024 was $334 thousand, compared to $376 thousand for Q1 2023, a decrease of $42 thousand, or 11%, due reduced unit sales volume offset by increased selling price.”

Katapult Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $65.1 million, net income Net loss was $0.6 million. Guidance reaffirmed.

“Quarter 2024 Financial Highlights (All comparisons are year-over-year unless stated otherwise.) • Gross originations were $55.6 million, an increase of 1.6% • Total revenue was $65.1 million, an increase of 18.1% • Total operating expenses in the first quarter decreased 18.5%. Fixed cash operating expenses 2 decreased approximately 20.6% • Net loss was $0.6 million”

AST SpaceMobile, Inc. reported financial results for first quarter ended March 31, 2024.

“On May 15, 2024, AST SpaceMobile, Inc. (“AST SpaceMobile” or the “Company”) issued a press release announcing financial results for the three months ended March 31, 2024.”

Dynatrace, Inc. reported the fourth quarter and full year ended March 31, 2024 results: revenue $381 million, net income $37,944 thousand, EPS $0.13.

“otherwise noted. Fourth Quarter Fiscal 2024 Financial Highlights : • Total ARR of $1,504 million, an increase of 21%, or 20% on a constant currency basis • Total Revenue of $381 million, an increase of 21%, or 21% on a constant currency basis • Subscription Revenue of $360 million, an increase of 23%, or 22% on a constant currency basis • GAAP Income from”

SPRUCE POWER HOLDING CORP reported the quarter ended March 31, 2024 results: revenue $18.3 million, net income net loss attributable to stockholders of $2.5 million. Guidance reaffirmed.

“of distributed solar energy assets across the United States, today reported financial results for the quarter ended March 31, 2024. Business Highlights • Reported 1Q revenue of $18.3 million, net loss attributable to stockholders of $2.5 million and Operating EBITDA of $10.7 million. • Ended quarter with strong liquidity position for future growth, with $120.6”

MOVING iMAGE TECHNOLOGIES INC. reported financial results for fiscal quarter ended March 31, 2024.

“On May 15, 2024, Moving iMage Technologies, Inc. (the “Company”) issued a press release and conducted a conference call, both of which reported certain financial results for the fiscal quarter ended March 31, 2024. Copies of the press release and the transcript of the conference call are attached hereto as Exhibits 99.1 and 99.2, respectively, and the information therein is incorporated herein by reference.”

TILT Holdings Inc. reported the three months ended March 31, 2024 results: revenue $37.5 million.

“Revenue was $37.5 million in the three months ended March 31, 2024”

Corvex, Inc. reported the quarter ended March 31, 2024 results: revenue $852,000.

“board of directors. Movano Health intends to use the net proceeds from the financing for working capital and general corporate purposes. ● In Q1 2024, Movano Health generated $852,000 in revenue. The Company shipped 5,305 Evie Rings in the period. ● The Company reported an operating loss of $5.8 million in Q1 2024, compared to an operating loss of $7.2 million”

Acurx Pharmaceuticals, Inc. reported the first quarter ended March 31, 2024 results: net income $4.4 million or $0.28 per diluted share, EPS $0.28 per diluted share.

“The Company reported a net loss of $4.4 million or $0.28 per diluted share for the three months ended March 31, 2024”