secwatch.observer — SEC 8-K summary
======================================

Issuer:     PetVivo Holdings, Inc. (PETV)
CIK:        0001512922
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001493152-22-031343
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PetVivo Q2 FY2023 revenue $223K; net loss $2.1M as Spryng shipments begin to distributor
--------------------------------------------------------------------------------

- Revenue of $223,280, up from $4,977 YoY, driven by Spryng sales to clinics and distributor MWI.
- Net loss of $2.1M ($0.21/share) vs $1.1M ($0.13/share), due to higher operating expenses for commercialization.
- Spryng shipments to MWI Animal Health began in Q2; $118,264 revenue from distributor.
- Cash and equivalents $2.3M; working capital $2.1M; inventory increased to $304,967.
- Accounts opened in 47 states; lead product Spryng for osteoarthritis in dogs/horses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512922/000149315222031343/0001493152-22-031343-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512922/000149315222031343/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-031343

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer