earnings
confidence high
sentiment negative
materiality 0.90
BGMS Q2 net loss $0.4M; FNRG reverse merger to give FNRG holders >99% of company
Bio Green Med Solution, Inc.
- Q2 2026 net loss $0.4M vs $1.3M in Q2 2025; cash $3.8M vs $3.5M at year-end.
- Fire safety product revenue $336K, cost $257K, gross margin ~23% after Fitters acquisition.
- June BCA with FNRG: FNRG shareholders exchange shares for BGMS stock, owning >99% of combined company; pre-exchange holders <1%.
- June securities purchase: 1,103,338 shares at $0.72 for $794,403 gross proceeds.
- July declared $0.15/share dividend on 6% Convertible Exchangeable Preferred, paid Aug 1.