Aditxt acquisition target Ignite shows $5.7M net loss, going concern doubt

Aditxt, Inc.

Ignite incurred net loss of $5.7M for 2025; revenue was only $43.5K (down from $72K in 2024).
Ignite recorded $748K impairment on lab equipment due to minimal cash flows from use.
Auditors expressed substantial doubt about Ignite's ability to continue as going concern.
Aditxt issued 36,000 shares of Series A-2 Convertible Preferred Stock ($36M stated value) for Ignite.
Intercompany payables to former member IMAC totaled $4.6M at December 31, 2025.

item 9.01

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