Sep. 1 at 12:20 PM
$BMRA Biomerica Reports Fiscal 2026 Year-End Financial Results
GLOBENEWSWIRE 7:19 AM ET 9/1/2026
Fiscal 2026 fourth quarter net sales increased approximately 17% compared to the fourth quarter of fiscal 2025
Full-year net loss improved by approximately 24% to approximately
$3.8 million
InFoods IBS update: 100% of all initial valid claims processed to date have been paid at the full CMS payment rate of
$300
Research and development expenses decreased 23% as key programs transition toward commercialization
Subsequent to fiscal year-end: completed a
$2.23 million financing with no warrants or discounted securities, including participation from B. Riley Principal Capital, B. Riley executives and all members of the board of directors
Engaged B. Riley Securities, Inc. to support the Board's ongoing evaluation of potential Strategic Opportunities, Including Partnerships and Business Combinations