secwatch.observer — SEC 8-K summary
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Issuer:     PetVivo Holdings, Inc. (PETV)
CIK:        0001512922
Form:       8-K
Filed at:   2024-06-28T23:59:59+00:00
Accession:  0001493152-24-025639
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PetVivo FY2024 revenue up 6% to $969K; net loss widens to $11.0M; FY2025 guidance $1.5-$2.0M
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- Revenue $969K (+6% YoY); gross margin 76.3% (+40 bps).
- Net loss $11.0M ($0.78/sh) vs $8.7M ($0.85/sh) prior year; cash $87K at year-end.
- Subsequent to year-end, raised $1.8M in net proceeds; guides FY2025 revenue $1.5-$2.0M.
- Spryng distributed to >700 clinics, >6,000 syringes; added distributor Covetrus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512922/000149315224025639/0001493152-24-025639-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512922/000149315224025639/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-025639

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