---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-011488"
form_type: "8-K"
ticker: "MLSS"
cik: "0000855683"
company_name: "MILESTONE SCIENTIFIC INC."
filed_at: "2024-04-09T23:59:59+00:00"
generated_at: "2026-06-04T01:14:00.483089+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Milestone Scientific nets $1.98M from selling NOLs and R&D credits to Comcast

## Summary
- Received net $1,983,095 from Comcast Corporation on April 8, 2024 for unused NOLs and R&D tax credits.
- Funds used for general corporate purposes and working capital; must spend only on NJ Program allowable expenses.
- Company must maintain NJ headquarters for 5 years and file quarterly reports with the State of New Jersey.
- Up to face value of tax credits subject to recapture if Company breaches NJ office or use-of-funds obligations.

## SEC filing metadata
- accession: 0001437749-24-011488
- form_type: 8-K
- ticker: MLSS
- cik: 0000855683
- company_name: MILESTONE SCIENTIFIC INC.
- filed_at: 2024-04-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/855683/000143774924011488/0001437749-24-011488-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/855683/000143774924011488/mlss20240408_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-011488
- JSON: https://secwatch.observer/filing/0001437749-24-011488.json
- Plain text: https://secwatch.observer/filing/0001437749-24-011488.txt

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