---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-013714"
form_type: "8-K/A"
ticker: "SCND"
cik: "0000087802"
company_name: "SCIENTIFIC INDUSTRIES INC"
filed_at: "2025-12-05T23:59:59+00:00"
generated_at: "2026-05-16T14:26:47.210512+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Scientific Industries sells Genie Division for $9.6M; pro forma shows net gain

## Summary
- Sold Genie Division to Troemner LLC for $9.6M base plus up to $1.5M earn-out; $7.6M cash received.
- Pro forma H1 2025 net income of $1.44M vs historical loss of $3.3M, driven by $5.26M gain on sale.
- Post-sale, company retains Torbal Division; Genie revenue of $2.7M eliminated from H1 2025.
- Supply and transition services agreement for up to 12 months with $1.14M potential earn-out.
- Pro forma FY 2024 net loss narrowed from $6.4M to $2.4M after adjustments.

## SEC filing metadata
- accession: 0001654954-25-013714
- form_type: 8-K/A
- ticker: SCND
- cik: 0000087802
- company_name: SCIENTIFIC INDUSTRIES INC
- filed_at: 2025-12-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01, 1.01, 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/87802/000165495425013714/0001654954-25-013714-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/87802/000165495425013714/scnd_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-013714
- JSON: https://secwatch.observer/filing/0001654954-25-013714.json
- Plain text: https://secwatch.observer/filing/0001654954-25-013714.txt

## Key facts
- M&A Transactions
  SCIENTIFIC INDUSTRIES INC completed a disposition involving Troemner, LLC for $9,600,000 minus certain working capital adjustments, plus an earn-out of up to an aggregate of $1,500,000.
  - Action: disposition
  - Counterparty: Troemner, LLC
  - Consideration: $9,600,000 minus certain working capital adjustments, plus an earn-out of up to an aggregate of $1,500,000
  source text: Benchtop Laboratory Equipment consisting primarily of the Genie line of products and related fixed assets, inventory, and intellectual property. The purchase price consisted of $9,600,000 minus certain working capital adjustments, plus an earn-out of up to an aggregate of $1,500,000, of which $1,140,000 is payable on the Company’s performance of certain supply and
  evidence_url: https://www.sec.gov/Archives/edgar/data/87802/000165495425013714/0001654954-25-013714-index.htm
- Material Agreements
  SCIENTIFIC INDUSTRIES INC entered into Asset Purchase Agreement with Troemner, LLC valued at $9,600,000 (effective 2025-08-07).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Troemner, LLC
  - Value: $9,600,000
  - Effective: 2025-08-07
  source text: Scientific Industries, Inc. (the “Company”), a Delaware corporation, entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Troemner, LLC, a Delaware limited company (the “Purchaser”), pursuant to which the Company sold and the Purchaser purchased substantially all of the assets of the Company’s Genie Division
  evidence_url: https://www.sec.gov/Archives/edgar/data/87802/000165495425013714/0001654954-25-013714-index.htm

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