BKYI
BIO-key International, Inc.0.6550
-0.0080-1.21%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
7.10MP/E (TTM)
-Basic EPS (TTM)
-0.90Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
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.
8-K
BIO-key secures $1M note
BIO-key International closed a $1,130,000 senior secured note with Streeterville Capital on September 30, 2025, netting $1,000,000 after a $125,000 original issue discount and $5,000 transaction costs for working capital. The note matures in 18 months at 9% interest, secured by all assets and PistolStar's guaranty, with lender redemptions starting at $135,000 monthly after six months and mandatory prepayments of 40% from future financings. Yet defaults could spike rates to 22% and add up to 25% penalties. This bolsters liquidity but tightens control.
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