PRF Technologies Reports Preliminary Nine-Month 2026 Operating Loss of $3.7 Million

Bitget2026/10/23 13:07

By:Bitget

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PRF Technologies reported a preliminary, unaudited operating loss of approximately $3.7 million for the nine months ended September 30, 2026.
Preliminary cash, including short-term deposits, totaled approximately $11 million at September 30, 2026, while total liabilities were approximately $2.5 million.
Its equity line facility raised approximately $10.5 million in gross proceeds during the nine-month period.
LayerBio expects to begin enrolling patients in its U.S. multicenter Phase 2 trial of OcuRing-K before year-end.
Plans call for establishing GridFeed as a standalone, wholly owned subsidiary, while the business explores AI data center power optimization.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PRF Technologies Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610230906PRIMZONEFULLFEED9851992) on October 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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PRF Technologies Reports Preliminary Nine-Month 2026 Operating Loss of $3.7 Million

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