BKYI
BIO-key International, Inc.0.6550
-0.0080-1.21%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
7.10MP/E (TTM)
-Basic EPS (TTM)
-0.90Dividend Yield
0%Recent Filings
8-K
8-K
Q3 revenue drops, cash rises
BIO-key reported Q3'25 revenue of $1.55M, down from $2.14M a year ago due to $665k fewer orders from two longtime customers, yet gross margin held at 77%. Net loss widened to $965k from $739k, but operating expenses fell 7.8%. Post-quarter, it raised $3.1M via warrant exercises, boosting cash to $2.0M; eyes $6.5-7M full-year revenue. Balance sheet strengthened.
10-Q
Q3 FY2025 results
BIO-key's Q3 revenues fell 28% y/y to $1.5M, driven by 36% drop in license fees while hardware held at $364K; gross profit slid to $1.2M but margins held near 77% thanks to $232K hardware reserve reversal. Operating loss widened to $892K from $580K as SG&A dipped 13% yet R&D ticked up 5%. Cash climbed to $2.0M on $3.8M warrant exercises, funding a $1.0M note (9% rate, 18-month term); debt now $1.3M with $782K working capital. Shares outstanding doubled to 7.3M, anti-diluting EPS to -$0.15 from -$0.39. Balance sheet strengthened. Warrant reliance funds the burn.
8-K
Nasdaq grants 180-day extension
BIO-key International snags a second 180-day Nasdaq extension until May 4, 2026, to lift its common stock bid price above $1, despite missing the mark since May. Nasdaq greenlit it after confirming other Capital Market listing standards and BIO-key's reverse stock split plan. Delisting looms without 10 straight days at $1+. They plan to monitor closely.
8-K
BIO-key raises $3.1M, retires debt
BIO-key International secured $3.1 million in gross proceeds on October 27, 2025, by inducing an institutional investor to exercise warrants for 3,091,668 shares at a reduced $1.02 per share, issuing new five-year warrants for twice as many shares in return. It also exchanged $327,991 of secured note debt with Streeterville Capital for 429,027 common shares, fully retiring the original $2.36 million note. This bolsters liquidity for working capital and debt repayment. Yet dilution looms large.
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