secwatch.observer — SEC 8-K summary
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Issuer:     Bio Green Med Solution, Inc. (BGMS)
CIK:        0001130166
Form:       8-K
Filed at:   2026-05-14T20:25:36+00:00
Accession:  0001493152-26-023117
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bio Green Med Solution Q1 2026 net loss $0.2M, fire safety revenue $0.8M
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- Net loss of $0.2M vs $0.1M in Q1 2025; prior year had $4.1M net income from discontinued ops.
- Fire safety product revenue of $0.8M following Sep 2025 acquisition of Fitters Sdn. Bhd.
- Cash and equivalents $3.3M, down from $3.5M; estimated to fund operations into Q4 2026.
- G&A expenses fell ~$3.8M to $0.4M due to cost normalization after changes of control.
- Trading of 6% Convertible Exchangeable Preferred Stock (BGMSP) suspended and delisted in March; $0.15/share dividend paid May 1, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130166/000149315226023117/0001493152-26-023117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130166/000149315226023117/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-023117

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