Highest-materiality recent filing
BIO-key entered four Exchange Agreements with Streeterville Capital on Sept. 29, 2026, partitioning notes of $68,315.80, $116,000, $117,000, and $115,000 from the $1,130,000 Original Note.
BIO-key Q2 revenue up 13% to $1.9M, net loss narrows 51% to $577K; raises $2.5M
Q2 revenue $1.92M, up 13% YoY; license fee revenue up 53% to $1.23M.
BIO-key regains Nasdaq compliance; trading resumes July 8 after hearing panel decision
Nasdaq Hearings Panel determined BIO-key regained compliance with minimum bid price and SEC filing requirements.
BIO-key receives Nasdaq notice for delayed 10-Q filing; delisting hearing set for June 16
Received Nasdaq notice of non-compliance with Listing Rule 5250(c)(1) for failure to timely file Q1 2026 Form 10-Q.
Q1 2026 revenue $2.15M (+34% YoY); net loss improved to $(165K) from $(737K) in Q1 2025.
BIO-key receives Nasdaq delisting notice; stock to move to OTC Markets on May 13
Nasdaq suspends BKYI trading after close May 12 for failing to maintain $1 bid price for 10 consecutive days by May 4 and late Form 10-K.
BIO-key receives Nasdaq non-compliance notice for delayed 10-K filing
Notice received April 16, 2026 for failure to timely file 2025 Form 10-K.
BIO-key expects 50% revenue growth to ~$5M and profitability in 1H 2026
1H'26 revenue expected ~$5M (+50% YoY vs $3.3M); positive net income vs $1.9M loss in 1H'25.
BIO-key reports FY2025 revenue $6.1M, net loss $4.6M; Q1'26 revenue up 37% YoY
FY2025 revenue $6.1M, down 12% YoY; net loss $4.6M ($0.69/sh) vs $4.3M ($2.09/sh) in 2024.
BIO-key secures $1.04M license renewal from foreign retail bank; cash at $2.7M
$1.04M one-year renewal from foreign retail bank (client since 2015), up 30% YoY.
BIO-key Q3 revenue falls 28% to $1.55M; net loss widens; raises $3.1M via warrant exercise
Q3 2025 revenue $1.55M (down 28% YoY); net loss ($964,849) or ($0.15) per share vs ($738,959) ($0.39) in Q3'24.
BIO-key raises $3.1M via warrant exercise, exchanges debt for equity
Gross proceeds $3.1M from exercise of 3,091,668 warrants at reduced exercise price of $1.02; new warrants for 6.18M shares at $1.02.
BIO-key closes $1.13M secured note with Streeterville Capital, net $1M for working capital
Issued $1.13M senior secured promissory note; net proceeds $1M after $125K OID and $5K transaction costs.
BIO-key Q2 revenue up 49% to $1.7M; launches CyberDefense Initiative for defense contracts
Q2 revenue $1.70M vs $1.14M YoY; net loss improved to ($1.17M) or ($0.20)/share from ($1.67M) or ($1.00)/share.
BIO-key Q1 rev $1.6M, net loss widens; Nasdaq bid price deficiency notice
Q1 2025 revenue $1.6M (-25% YoY); net loss $736k vs $510k; EPS ($0.16) vs ($0.32).
BIO-key narrows FY2024 net loss 49% to $4.3M on revenue of $6.9M (down 11%)
Net loss improved to $4.3M ($2.10/sh) from $8.7M ($15.21/sh) in 2023, reflecting higher gross margin and lower costs.
BIO-key raises ~$3.8M via warrant exercise; exchanges $834K debt for equity
Exercised 2,061,112 existing warrants at $1.85/share, gross proceeds ~$3.8M before fees.
BIO-key acquires 5M Boumarang shares from Fiber Food in exchange for 595K shares, adding $5M assets
BIO-key exchanged 595,000 shares of its common stock (19% of outstanding) for 5 million Boumarang shares valued at $5 million.
BIO-key swaps 19% equity stake for $5M Boumarang shares to regain Nasdaq compliance
Exchanged 595,000 shares (19% of outstanding) for 5M Boumarang shares valued at $5M ($1/share).
BIO-key Q3 revenue up 18% to $2.1M; net loss narrows to $0.7M from $1.8M
Revenue $2.1M vs $1.8M; license revenue rose 52% to $1.4M on expanded customer deployments.
BIO-key raises ~$1.9M via warrant exercise; issues new warrants to investor
Investor immediately exercised 1,030,556 existing warrants at reduced price of $1.85/share.
BIO-key issues $2.36M secured note to Streeterville Capital; net proceeds $2M for working capital
$2,360,000 principal senior secured note issued to Streeterville Capital; net proceeds $2,000,000 after OID and fees.
BIO-key Q1 revenue $2.2M, net loss narrows to $0.5M; generates positive operating cash flow
Revenue $2.2M flat YoY, up 19.5% QoQ; gross margin improved to 86.3% from 40% on higher license mix and prior hardware reserve.
BIO-key receives Nasdaq delisting notice for stockholders' equity below $2.5M
Nasdaq notified BIO-key on June 10, 2024 that stockholders' equity as of Dec 31, 2023 failed to meet the $2.5M minimum requirement.
BIO-key receives Nasdaq delisting notice for late 10-Q; restating prior periods
Received Nasdaq notice on May 22, 2024 for non-compliance with Listing Rule 5250(c)(1) due to late 10-Q filing for quarter ended March 31, 2024.
BIO-key replaces auditor Marcum with Bush & Associates after material weakness and restatement
Dismissed Marcum LLP as independent auditor on April 23, 2024; engaged Bush & Associates CPA on April 24, 2024.
Audit committee found errors in revenue recognition at Swivel Secure Europe for Q1-Q3 2023.
2023 revenue $9.1M (+29% YoY); net loss $(6.2M) vs $(12.2M) in 2022; EPS $(11.45).
BIO-key regains Nasdaq bid-price compliance after stock closes above $1.00 for 10 sessions
As of Jan 5, 2024, common stock closing bid price exceeded $1.00 for 10 consecutive business days.
Repaid $2.2M senior secured note held by AJB Capital Investments, eliminating all long-term debt.
Stockholders approved reverse split at ratio 1-for-6 to 1-for-20; Board set final ratio at 1-for-18.
BIO-key closes $3.75M public offering; net $3.3M to repay debt and for working capital
Gross proceeds $3.75M from sale of 21.43M units at $0.175/unit; each unit comprises one share (or pre-funded warrant) and one 5-year warrant exercisable at $0.175.
BIO-key Q3 revenue up 33% to $1.8M, net loss per share narrows to ($0.08) from ($0.29)
Revenue $1.8M (+33% YoY); gross profit $1.4M (+43%); gross margin 77% vs 71%.
BIO-key Q2 revenue flat at $1.9M; net loss narrows to $1.4M
Q2 revenue $1.9M flat YoY; first-half revenue up 29% to $5.9M.
BIO-key receives additional 180-day Nasdaq compliance period until Jan 8, 2024 for bid price rule
Received deficiency letter on Jan 12, 2023 for bid price below $1.00 for 30 consecutive days.
On November 8, 2023, Thomas E. Bush, III notified BIO-key International, Inc. (the “ Company ”) that he would be resigning from the Board of Directors of the Company effective November 8, 2023.
On June 2, 2023, Cameron E. Williams was appointed to serve on the Board of Directors (the “Board) of BIO-key International, Inc. (the “Company”).
On April 14, 2023, Pieter Knook notified BIO-key International, Inc. (the “Company”) that he would be resigning from the Board of Directors of the Company effective May 13, 2023.
On February 9, 2023, Thomas Gilley notified BIO-key International, Inc. (the “Company”) that he would be resigning from the Board of Directors of the Company effective February 9, 2023.
Max materiality 0.95 · Median 0.68 · Most common event other_material