earnings
confidence high
sentiment negative
materiality 0.70
Predictive Oncology FY2024 loss $10.8M on $1.6M revenue; cash drops to $0.7M; merger with Renovaro pending
Axe Compute Inc.
- Revenue of $1.6M essentially flat YoY; loss from continuing ops of $10.8M.
- Cash and equivalents fell to $734,673 from $8.7M; stockholder deficit of ($202,610).
- Net loss per share from continuing ops improved 33% to $1.99.
- Raised $3M in early 2025 via asset sale, warrant exercises, and Renovaro financing.
- Still working toward definitive merger agreement with Renovaro after Jan LOI.