Source-grounded facts extracted from FIREFLY NEUROSCIENCE, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
FIREFLY NEUROSCIENCE, INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“December 9, 2022, WaveDancer, Inc. (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market, LLC (“Nasdaq”) indicating that, based upon the closing bid price of the Company’s common stock for the 30 consecutive business day period between October 27, 2022 and December 8, 2022, the Company did not meet the minimum bid price of $1.00 per share required for continued listing on Nasdaq’s Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). The letter also indicated that the Company will be provided with a compliance period of 180 calendar days”
Earnings Releases
FIREFLY NEUROSCIENCE, INC. reported the nine months ended September 30, 2022 results: revenue $9.6 million, net income $(8.3) million.
“Nine Months 2022 Key Financial Items (all comparisons to prior year period unless otherwise noted) ● Total revenues decreased to $9.6 million, compared with $12.5 million. ● Professional fees decreased to $7.0 million, down from $8.6 million. ● Gross margin for our Tellenger business unit improved to 25.8% compared with 23.7%; higher-margin professional fees accounted for 71.3% of revenues. ● Net loss of $(8.3) million, including a goodwill impairment charge of $2.3 million, compared with net income of $0.2 million. ● Adjusted EBITDA of $(4.6) million, compared with $0.9 million”
Earnings Releases
FIREFLY NEUROSCIENCE, INC. reported the three months ended September 30, 2022 results: revenue $2.3 million, net income $(4.7) million.
“Total revenues decreased to $2.3 million, compared with $4.3 million. ● Professional fees decreased to $2.1 million, down from $2.8 million. ● Gross profit decreased to $0.48 million, compared with $0.98 million. ● Gross margin declined to 20.9% from 22.8%; higher-margin professional fees accounted for 91.7% of revenues. ● Net loss of $(4.7) million, including a goodwill impairment charge of $2.3 million, compared with net loss of $(0.1) million. ● Adjusted EBITDA 1 of $(1.5) million, compared with $0.1 million”
Mark T. Krial departed as Class I director at FIREFLY NEUROSCIENCE, INC..
“Mark T. Krial, Class I director of WaveDancer, Inc., opted not to stand for re-election following the expiration of his term at the 2022 Annual Meeting of Stockholders on September 13, 2022.”
Linda L. Singh was appointed as Class I Director at FIREFLY NEUROSCIENCE, INC..
“On April 18, 2022, the Board appointed Linda L. Singh, age 57, as a Class I member of the Board of Directors.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.