---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-001807"
form_type: "8-K"
ticker: "AGPU"
cik: "0001446159"
company_name: "Axe Compute Inc."
filed_at: "2023-03-21T23:59:59+00:00"
generated_at: "2026-06-17T22:10:24.638647+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Predictive Oncology FY2022: Net loss $25.7M, revenue $1.5M, impairments total $10.6M

## Summary
- Net loss of $25.7M on total revenue of $1.5M; diluted EPS -$0.35.
- Revenue $1.51M vs $1.42M prior year; gross margin stable at 66%.
- Recorded $7.23M goodwill impairment and $3.35M intangible impairment for zPREDICTA.
- Cash and equivalents $22.1M at year end, down from $28.2M in 2021.
- Operations expense up 41% to $3.8M; sales & marketing expense rose 75% to $1.36M.

## SEC filing metadata
- accession: 0001171843-23-001807
- form_type: 8-K
- ticker: AGPU
- cik: 0001446159
- company_name: Axe Compute Inc.
- filed_at: 2023-03-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1446159/000117184323001807/0001171843-23-001807-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1446159/000117184323001807/f8k_032123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-001807
- JSON: https://secwatch.observer/filing/0001171843-23-001807.json
- Plain text: https://secwatch.observer/filing/0001171843-23-001807.txt

## Key facts
- Earnings Releases
  Axe Compute Inc. reported the year ended December 31, 2022 results: revenue $1.5 million, net income net loss of $25.7 million, EPS $0.35.
  - Period: the year ended December 31, 2022
  - Revenue: $1.5 million
  - Net income: net loss of $25.7 million
  - EPS: $0.35
  - Result: reported results
  source text: The company reported a net loss of $25.7 million on total net revenue of $1.5 million for the full year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1446159/000117184323001807/0001171843-23-001807-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.