other_material
confidence high
sentiment negative
materiality 0.70
Bluejay Diagnostics reports FY2025 net loss $6.8M; cash $5.2M; needs >$20M additional capital
Bluejay Diagnostics, Inc.
- Net loss of ~$6.8M for FY2025; cash and cash equivalents $5.2M; stockholders' equity $6.0M as of Dec 31, 2025.
- About 972,000 shares outstanding after full exercise of prefunded warrants; outstanding cash-exercisable warrants with strike above market.
- SYMON II clinical study for IL-6 sepsis test progressing; data to support regulatory submission; limited disclosure before submission.
- Manufacturing scale-up and supply-chain initiatives on track for commercialization readiness.
- Company expects to need at least $20M additional capital through end of FY2027, to be raised in tranches.
item 2.02item 9.01