---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-005235"
form_type: "8-K"
ticker: "AGPU"
cik: "0001446159"
company_name: "Axe Compute Inc."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T17:07:34.137018+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Predictive Oncology Q2 net loss $3.9M on revenue $490K; cash burn $7M in H1 2023

## Summary
- Net loss of $3.9M ($0.98 per share) vs $2.89 loss per share in Q2 2022.
- Revenue rose 32% to $490,110 from $371,591; gross margin improved to 67% from 64%.
- Cash and equivalents $14.8M, down from $22.1M at Dec 31, 2022; equity $14.7M.
- G&A expenses increased by $353K to $2.7M; sales & marketing up $158K to $429K.
- Business updates: collaborations with CRH and Cvergenx, new board members, HQ moved to Pittsburgh.

## SEC filing metadata
- accession: 0001171843-23-005235
- form_type: 8-K
- ticker: AGPU
- cik: 0001446159
- company_name: Axe Compute Inc.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1446159/000117184323005235/0001171843-23-005235-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1446159/000117184323005235/f8k_081023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-005235
- JSON: https://secwatch.observer/filing/0001171843-23-005235.json
- Plain text: https://secwatch.observer/filing/0001171843-23-005235.txt

## Key facts
- Earnings Releases
  Axe Compute Inc. reported three months ended June 30, 2023 results: revenue $0.5 million, net income a net loss of $3.9 million, EPS $0.98 loss per common share.
  - Period: three months ended June 30, 2023
  - Revenue: $0.5 million
  - Net income: a net loss of $3.9 million
  - EPS: $0.98 loss per common share
  - Result: reported results
  source text: The company reported a net loss of $3.9 million on total net revenue of $0.5 million for the second quarter 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1446159/000117184323005235/0001171843-23-005235-index.htm

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