Longevity Health acquires skincare business with $2M net loss and going concern doubt

Longevity Health Holdings, Inc.

Acquired skincare business from PMGC Holdings for undisclosed value; sale closed Jan 16, 2025.
Nine-month revenue $1.75M, gross profit $1.28M, net loss $2.01M.
Operating cash flow negative $2.24M; working capital only $249K.
Audited 2023 and unaudited 2024 financials filed; going concern warning issued by management.
Net investment by parent $402K; business funded by parent contributions of $2.25M.

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