Oct. 16 at 8:15 PM
$BMRA
Recent Highlights
- **Financial Results (Q1 FY2026 :(June 1, 2025 - Aug 31, 2025)):** Reported break‑even EPS (
$0.00) vs. a loss last year, improved gross margins, and reduced operating expenses.
- **Pipeline Progress:**
- **inFoods® IBS** received a CPT/PLA code, paving the way for insurance reimbursement.
- **Fortel® Ulcer and Kidney Tests** approved for home use in the UAE, expanding international reach.
- **Leadership:** Gary Huff (former LabCorp Diagnostics CEO) joined the board, adding credibility and industry experience.
- **Cost Controls:** Operating expenses cut by ~
$1.3M year‑over‑year, showing focus on efficiency.
Key Takeaways
- **Trading Lens:** Still a breakout *candidate* — price action is coiling near
$3.00 with resistance at
$3.40–
$3.50. Needs volume confirmation for a true breakout.
- **Investment Lens:** Micro‑cap with ~
$3M cash on hand, negative earnings, and dilution risk. Not investable long‑term yet, pipeline progress and approvals are +