LUDG
Ludwig Enterprises, Inc.0.0570
+0.0000+0%
Dec 16, 4:00:00 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
9.27MP/E (TTM)
-Basic EPS (TTM)
-0.01Dividend Yield
0%Recent Filings
10-K
8-K
Secures $200K note, warrant
10-Q
Q3 FY2025 results
Ludwig swung to a $31K net profit in Q3 ended September 30, 2025, from a $886K loss y/y, thanks to a $631K gain on derivative fair-value changes offsetting $371K operating loss—up 5% y/y from $355K. R&D expenses climbed to $80K (up 91% y/y) amid product development, while G&A dipped to $291K. YTD net loss narrowed to $1.2M from $2.9M y/y, with operating cash burn at $632K covered by $750K convertible notes (net $688K outstanding at 8%, due 2026). Cash sits at $3K; total debt $2M. Stockholders' deficit widened to $3.3M. Financing remains the hurdle.
8-K
Interim CEO appointment announced
Ludwig Enterprises appointed Jose Antonio Reyes as Interim Chief Executive Officer effective October 1, 2025, while he retains his role as Senior Head of Global Business Development. Reyes, who previously led as CEO from August 2024 to April 2025 and as COO before that, brings over 30 years of leadership across markets, including founding ventures in executive education and strategy. No compensation details are set yet. This internal shift ensures continuity amid leadership transitions.
8-K
New independent director appointed
Ludwig Enterprises appointed Corain McGinn as an independent director on September 5, 2025, to fill board vacancies. McGinn, 56, brings deep executive experience from Fortune 100 firms like Microsoft, Merck, and Novartis, focusing on tech, pharma, and biotech strategies that boost revenue and market entry. His addition bolsters the board's expertise in innovation and transformation. Committees pending.
ABT
Abbott Laboratories
126.86-1.61
BMRA
Biomerica, Inc.
2.37-0.08
CODX
Co-Diagnostics, Inc.
0.25-0.02
CSDX
CS Diagnostics Corp.
0.23-0.02
LUCD
Lucid Diagnostics Inc.
1.12+0.01
NNNN
Anbio Biotechnology
28.01-0.39
PACB
Pacific Biosciences of Californ
2.02-0.10
PHG
Koninklijke Philips N.V. NY Reg
26.53+0.07
RPID
Rapid Micro Biosystems, Inc.
3.52+0.05
RTGN
RETINALGENIX TECHNOLOGIES INC
3.20+0.00