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Lifeward Ltd.

LFWD

May 21, 2026

Lifeward Ltd. designs, develops, and commercializes medical devices focused on physical rehabilitation and recovery. Its flagship products are robotic exoskeletons, including the ReWalk Personal and Rehabilitation Exoskeletons for individuals with spinal cord injury, enabling ambulatory functions such as standing and walking. The ReWalk 7 model and stair/curb functionality have received FDA 510(k) clearance. The company also markets the ReStore Exo-Suit for stroke rehabilitation and distributes AlterG Anti-Gravity systems acquired in 2023, which use NASA-derived technology to reduce gravity effects during rehabilitation. Lifeward sells primarily in the US and Europe, through direct sales and distributors, and generates revenue from product sales, extended warranties, and repair services. The company has expanded its neurorehabilitation platform through acquisitions, including Oratech and Skelable technology assets. Lifeward operates under complex regulatory frameworks including FDA QMSR and EU MDR, with ongoing compliance and inspection requirements.

IP STRATEGY HOLDINGS, INC.

IPST

May 21, 2026

IP Strategy Holdings, Inc. is a diversified company operating primarily in digital asset-based infrastructure and intellectual property management, centered on the Story Network blockchain and its native $IP Token. The company acquired 53.2 million $IP Tokens in 2025 and operates validator nodes to stake these tokens, generating staking rewards and commissions from third-party delegations. The company’s treasury reserve policy focuses on accumulating and staking $IP Tokens, with oversight by a Technology and Cryptocurrency Committee. The staking program involves operational risks such as validator slashing and liquidity constraints due to token deactivation periods. Alongside its digital asset business, IP Strategy Holdings maintains a craft spirits segment through Heritage Distilling Company, which produces award-winning craft whiskeys and flavored spirits. The spirits business has shifted to an asset-light model emphasizing premium products, direct-to-consumer sales, wholesale distribution, and expansion of the Tribal Beverage Network in collaboration with Native American tribes. The company faces competitive and regulatory challenges in the spirits industry. Financial disclosures indicate significant operating losses and liquidity pressures, with ongoing efforts to manage cash flow and capital resources.

20/20 Biolabs, Inc.

AIDX

May 21, 2026
United States

20/20 Biolabs, Inc. is a diagnostics company focused on developing and commercializing AI-powered, laboratory-based blood tests for early detection and prevention of cancers and chronic diseases. Its primary products are marketed under the OneTest brand, including OneTest for Cancer, a multi-cancer early detection (MCED) test based on protein tumor markers, and OneTest for Longevity, which measures inflammatory biomarkers related to chronic disease risk. The company operates a CAP-accredited, CLIA-licensed laboratory in Gaithersburg, Maryland, which also hosts the Clinical Laboratory Innovation Accelerator (CLIAx) to support overseas diagnostic startups. The OneTest for Cancer product is positioned as an affordable, accessible, and sensitive screening test, priced under $200, and designed for use with small volumes of capillary blood collected at home or retail locations. The company’s business model includes a 'funnel' approach where OneTest serves as an initial screening test, with follow-up testing by imaging or ctDNA-based tests for positive cases. The company also maintains a legacy business with BioCheck, a field test kit for screening suspicious powders for bioterror agents. The company has reagent supply contracts with Roche and Abbott to ensure supply chain stability. Financially, the company reported Q1 2026 revenue of $353,375 and a net loss of $2.17 million, with liquidity ratios indicating a current ratio of 1.82 and cash ratio of 1.64 as of March 31, 2026. Recent developments include a Q1 revenue decline with anticipated Q2 growth from a Maryland firefighter cancer screening program, a U.S. license secured for advanced chronic kidney disease prediction technology, and the launch of the Longevity blood test.

OMNIQ Corp.

OMQS

May 21, 2026

OMNIQ Corp. is a Delaware-based technology company that develops and delivers AI-driven machine vision solutions. Since shifting focus in 2014, OMNIQ has grown through acquisitions to become a provider of integrated hardware, software, and services for image processing and real-time surveillance. Its technology platform analyzes visual data from networked cameras to monitor vehicle and pedestrian activity across complex environments such as airports, campuses, municipalities, and transportation hubs. The company targets three main markets: public safety, hospitality, and supply chain management, offering solutions including license plate recognition, vehicle monitoring, people counting, and face capture. OMNIQ’s sales teams are organized by industry and geography, supported by technical experts to facilitate integration and customer support. The company competes in a competitive market by providing comprehensive solutions and emphasizing data privacy and secure architecture.

ALLEGRO MICROSYSTEMS, INC.

ALGM

May 21, 2026

Allegro MicroSystems, Inc. operates in the semiconductor industry, specializing in integrated circuits and sensor solutions primarily for automotive and industrial applications. The company’s product portfolio includes current sensor ICs and power and sensing solutions. A large portion of its revenue is derived from automotive industry suppliers, making it sensitive to automotive market conditions and cyclicality. Allegro relies on a limited number of third-party wafer fabrication partners and suppliers, which introduces supply chain risks, especially amid recent export restrictions on critical materials. The company faces intense competition from larger semiconductor firms with significant resources and AI-driven product development capabilities. Allegro has experienced net losses in recent fiscal periods but maintains strong liquidity. Management changes and strategic initiatives, including acquisitions, are part of its growth approach.

Starco Brands, Inc.

STCB

May 21, 2026
United States

Starco Brands, Inc. is a publicly traded company on the OTC Markets Group OTCQB tier under the ticker STCB. It is incorporated in Nevada with headquarters in Los Angeles, California. The company operates in the consumer products space, focusing on branded consumer goods and has taken steps toward vertical integration through acquisition of The Starco Group. Financial disclosures indicate revenues of over $31 million in mid-2024 and a net loss in early 2026. Liquidity metrics as of Q1 2026 show current liabilities slightly exceeding current assets. The company has secured a bridge loan to address debt and working capital needs. Legal proceedings include contract disputes with Global Brands, Ltd. and Nesco Resource, LLC, with outcomes currently indeterminate. The company is classified as a smaller reporting company and provides risk factor disclosures primarily in its annual filings.

Digital Brands Group, Inc.

DBGI

May 21, 2026
United States

Digital Brands Group, Inc. is a publicly traded company on the Nasdaq Capital Market, incorporated in Nevada and headquartered in Austin, Texas. The company operates in the apparel sector, focusing on private label manufacturing and marketing related to university student-athlete name, image, and likeness (NIL) programs. It has entered into material agreements with entities such as The Grove Collective, LLC and Athlete Capital Sports LLC to support apparel manufacturing and consulting services for NIL initiatives. The company has undertaken debt restructuring involving warrant exercises and new warrant issuances. Financially, as of March 31, 2026, the company reported cash and equivalents of approximately $5.12 million, current assets of $19.34 million, current liabilities of $26.84 million, a current ratio of 0.72, and a net loss of $11.39 million for the quarter [S1][S2][S12][S13][S14].

Charlie's Holdings, Inc.

CHUC

May 21, 2026

Charlie's Holdings, Inc. is a company engaged in the development, marketing, and sale of nicotine, synthetic nicotine, and alternative vapor products. The company does not have internal manufacturing capabilities and depends on third-party contract manufacturers for production. It has submitted regulatory applications to the FDA for its products and is involved in ongoing legal and regulatory proceedings related to these submissions. The company operates in a highly regulated and competitive market, with significant exposure to regulatory changes, competition from larger tobacco and vapor companies, and operational risks including supply chain and cybersecurity challenges.

AEVEX Corp.

AVEX

May 21, 2026
United States

AEVEX Corp. is a publicly traded aerospace and defense company specializing in unmanned aerial systems and related engineering services. The company completed its IPO in April 2026 and operates primarily in the U.S. defense sector. AEVE's business includes autonomous systems, launched effects, unmanned platforms, and additive manufacturing capabilities. It has established strategic partnerships, including joining Persistent Systems' Wave Relay® Ecosystem, enhancing its communications technology offerings. The company recently secured a significant contract with the U.S. Air Force, reflecting its role as a defense contractor.

Bayview Acquisition Corp

BAYA

May 21, 2026

Bayview Acquisition Corp is a Cayman Islands exempted blank check company formed in February 2023 to pursue a business combination with one or more businesses, primarily focusing on Asia. The company completed its IPO in December 2023, raising $60 million, and has since been identifying suitable acquisition targets. It has no operating revenues and generates non-operating income from interest on IPO proceeds held in trust. The company entered into a merger agreement with Oabay Inc., a Cayman Islands exempted company, to form a publicly traded enterprise trade credit digital transformation solutions company. The merger agreement has been amended multiple times, with the latest extension of the closing date to December 19, 2026. The company faced Nasdaq listing deficiencies related to minimum market value and shareholder meeting requirements but successfully appealed to continue listing on The Nasdaq Capital Market as of April 2026, with conditions including closing the business combination by June 19, 2026. As of March 31, 2026, the company had limited liquidity and reported a net loss for the quarter. The management team comprises experienced professionals in financial services, accounting, legal, and operations, focusing on identifying acquisition opportunities and creating shareholder value through operational improvements and growth strategies.

BARNWELL INDUSTRIES INC

BRN

May 21, 2026

Barnwell Industries Inc. is an oil and gas company that has recently focused its operations by divesting non-core assets such as Water Resources International, Inc. The company has reported declining revenues and increasing losses in recent quarters, reflecting operational and market challenges. Governance issues have been prominent, including a proxy contest and shareholder activism. Liquidity metrics as of Q2 2026 indicate moderate short-term financial stability.

Dalrada Technology Group, Inc.

DHTI

May 21, 2026

Dalrada Technology Group, Inc. is a diversified holding company with subsidiaries operating in specialty pharmacy (Genefic), climate technology (Dalrada Climate Technology), precision manufacturing, and technology services. The company generates revenue through these subsidiaries, with recent activity including construction projects and product commercialization. Dalrada has reported consistent net losses and working capital deficits, raising concerns about liquidity and going concern status. The company is actively engaged in legal disputes related to contracts and business relationships. It has established credit agreements to support liquidity and is pursuing growth through expansion of subsidiaries and new contracts, including international footprint expansion.

e.l.f. Beauty, Inc.

ELF

May 21, 2026

e.l.f. Beauty, Inc. operates as a multi-brand beauty company offering inclusive, accessible, clean, vegan, and cruelty-free cosmetics and skincare products. The company’s mission is to make the best of beauty accessible to every eye, lip, and face. Its brand portfolio includes flagship e.l.f. Cosmetics, e.l.f. SKIN, rhode, Naturium, and Well People. The company distributes products through a combination of domestic mass-market retailers, specialty retailers, and e-commerce platforms, with a significant presence in the United States and international markets such as the UK, Canada, and Germany. e.l.f. Beauty emphasizes community-led innovation, premium quality at accessible prices, and a digitally focused marketing strategy targeting younger consumers. The company maintains strong relationships with major retail customers including Target, Walmart, Amazon, and Sephora. Its supply chain is asset-light and diversified across multiple countries, supported by third-party logistics providers. As of March 31, 2026, e.l.f. Beauty employed 849 full-time employees and maintains a high employee engagement culture. The company is committed to sustainability and social impact initiatives across its operations.

Critical Metals Corp.

CRML

May 21, 2026

Critical Metals Corp. operates in the rare earth and critical metals mining sector, focusing on exploration, development, and acquisition of assets such as the Tanbreez project in Greenland. The company has increased its ownership in Tanbreez to 92.5% and is actively developing the project with technological deployments like autonomous drone systems. It has entered into a joint venture to build a rare earth processing facility in partnership with a Saudi Arabian conglomerate, aiming to support the U.S. defense supply chain. Additionally, Critical Metals has agreed to acquire European Lithium Ltd. through a share-based transaction, subject to regulatory and shareholder approvals. The company completed a PIPE financing in April 2026 to raise capital. Financially, the company reported a net loss and modest revenue for the fiscal year ending December 31, 2025, with liquidity ratios indicating current liabilities exceed current assets.

CFN Enterprises Inc.

CNFN

May 21, 2026

CFN Enterprises Inc. is a consumer brand platform primarily focused on the wine and beverage sector, operating through subsidiaries such as J Street Capital Partners, an importer and wholesaler of wines and alcoholic beverages, and Prestige Worldwide Wine Company, a winemaking consulting firm. The company also operates CFN Media, a digital marketing agency specializing in advertising for the cannabis, hemp, and wellness industries. The company has recently expanded its wine and beverage operations through acquisitions and the formation of Interstice Cellars LLC, a specialty wine developer and retailer. It discontinued its hemp manufacturing subsidiary Ranco LLC due to federal legislation banning intoxicating hemp-derived consumable products. The company faces extensive regulation in both its wine and cannabis-related businesses and competes with established players in these fragmented markets. Financially, the company has a history of losses, substantial indebtedness, and a working capital deficit as of the latest reporting period.

Chilean Cobalt Corp.

COBA

May 21, 2026
Chile

Chilean Cobalt Corp. is a critical minerals exploration and development company focused on cobalt and copper projects in northern Chile's San Juan District, including the La Cobaltera and El Cofre projects. The company operates through its wholly-owned subsidiary Baltum Mineria SpA and holds 6,377 hectares of mining concessions. It aims to develop cobalt and copper resources to supply markets driven by lithium-ion battery demand and electrification. The company also has an option to acquire rare earth element projects in southern Chile. Chilean Cobalt has established strategic partnerships with Glencore and US Strategic Metals to create an Americas-centric supply chain for cobalt and copper concentrates. The company is advancing ESG initiatives and governance frameworks and is evaluating a potential uplisting to a national securities exchange. Operations to date have been funded through equity and debt financing, with no revenues generated yet. The company faces typical early-stage mining development risks and is dependent on securing additional capital for continued operations and project development [S1,S2].

American Fusion, Inc.

AMFN

May 21, 2026

American Fusion, Inc. is a Texas-based corporation focused on the development of advanced fusion energy technologies through its wholly owned subsidiary, Kepler Fusion Technologies Inc. The company completed a reverse merger with Kepler in February 2026, with Kepler treated as the accounting acquirer. Post-merger, Kepler's former shareholders hold approximately 89.7% of the voting rights. The company changed its name from Renewal Fuels, Inc. to American Fusion, Inc. in March 2026. The business is in an early development stage with limited operating history and no reported revenue. The company has incurred recurring losses and has a significant accumulated deficit. It also has liquidity challenges, with current liabilities exceeding current assets as of March 31, 2026. The company has entered into consulting agreements with its CEO and advisors and has launched a Government Procurement Services segment supporting a Canadian defense procurement requirement, which is separate from its core fusion energy development activities.

INTUIT INC

INTU

May 21, 2026
Technology
Software - Application

Intuit Inc is a technology company operating in the software application industry, providing financial management and tax preparation software and services. Its business segments include Global Business Solutions, Consumer, and ProTax, serving small and mid-market businesses as well as individual consumers. The company offers platforms such as QuickBooks, Mailchimp, and TurboTax, with revenues derived from subscription services, software sales, and connected services. Intuit maintains strong liquidity and capital resources, supported by cash reserves and credit facilities. The company actively manages share repurchases and adapts its operations to incorporate artificial intelligence technologies.

iQSTEL Inc

IQST

May 21, 2026

iQSTEL Inc is a publicly traded company on the Nasdaq Capital Market under the ticker IQST. The company operates in sectors including AI, digital services, fintech, cybersecurity, and digital health, as outlined in a May 2026 corporate presentation. iQSTEL reported quarterly revenue of approximately $97.9 million for Q1 2026, with a net loss of about $1.39 million and a diluted EPS of -$0.29. The company maintains a current ratio near 1.0, indicating near parity between current assets and liabilities, and holds cash and equivalents of approximately $2.6 million. In April 2026, iQSTEL entered into an equity purchase agreement allowing it to raise up to $50 million through common stock sales. Recent news coverage highlights margin improvements, preliminary revenue milestones, and a Nasdaq uplisting with ambitions to reach $1 billion in revenue. Analyst coverage includes reiterated buy recommendations. The company is classified as a smaller reporting company and is not a shell company.

SPLASH BEVERAGE GROUP, INC.

SBEV

May 21, 2026
United States

Splash Beverage Group, Inc. operates in the beverage industry, focusing on branded beverage products. The company is headquartered in Fort Lauderdale, Florida, and is publicly traded on the NYSE American exchange under the ticker SBEV. The company has a board of five independent directors and key executive officers including a President and Chief Marketing Officer and an Interim Chief Financial Officer. Splash Beverage Group has been actively expanding its product distribution channels, including a recent expansion of its Pulpoloco Sangria brand with Total Wine & More. The company reported modest revenue in Q1 2026 alongside a net loss and faces liquidity constraints as reflected in its low current and cash ratios. The company has outstanding debt obligations and related party advances, with ongoing negotiations regarding loan repayment demands. Governance policies include a code of ethics and a clawback policy for incentive compensation. The company has received multiple buy recommendations from financial analysts in recent months.

Jaguar Health, Inc.

JAGX

May 21, 2026

Jaguar Health, Inc. operates in the biopharmaceutical sector, focusing on gastrointestinal health products for both human and animal markets. The company’s lead human prescription drug, Mytesi, is approved for symptomatic relief of noninfectious diarrhea in adults with HIV/AIDS on antiretroviral therapy. Jaguar Health also markets Canalevia-CA1, a conditionally approved prescription drug for chronic idiopathic diarrhea in dogs. The company has licensed exclusive commercialization rights for these products in the United States to Woodward Specialty LLC, which is its primary revenue source. Jaguar Health has expanded its animal health portfolio with the launch of Neonorm Dog, a product aimed at companion animal gut health. The company is also integrating AI technology to enhance development and treatment applications of crofelemer, the active pharmaceutical ingredient in Mytesi. Jaguar Health’s operations include research and development, manufacturing through third-party contract manufacturers, and sales and marketing activities. The company faces challenges related to limited operating history, ongoing losses, liquidity constraints, and regulatory and supply chain risks. It has undertaken multiple reverse stock splits to maintain Nasdaq listing compliance and continues efforts to meet listing standards.

INNOVATIVE FOOD HOLDINGS INC

IVFH

May 21, 2026

Innovative Food Holdings Inc is a specialty foodservice distributor that sources and sells a broad range of perishable and specialty food products, including gourmet cheeses, meats, seafood, and organic products. The company serves professional chefs across various venues such as restaurants, hotels, and catering services. It operates two main warehouses in Chicago and Denver, with capabilities to handle frozen, refrigerated, and ambient products, and holds certifications for food safety and quality. The company distributes products through local delivery, national distribution networks, and digital channels, having exited direct-to-consumer ecommerce. Revenue is concentrated among a few key customers, notably US Foods, Gate Gourmet, and Sam’s Club. The company has engaged in acquisitions and asset sales to refine its business focus.

I-ON Digital Corp.

IONI

May 21, 2026

I-ON Digital Corp. develops a secure digital asset ecosystem focused on real-world asset tokenization, especially gold-backed digital securities. The company uses a proprietary blockchain platform with smart contracts and AI to digitize ownership and geological data of gold and precious metals reserves, converting them into compliant digital tokens. These tokens facilitate liquidity and financial transactions such as collateralized lending and payments. I-ON's business model includes licensing its platform, providing escrow and custody services, and earning transaction fees. The company expanded its market presence through acquisition of Orebits Corp. in 2023, gaining patents and intellectual property to enhance its Digital Asset Platform. It targets institutional clients and claim holders with proven gold reserves, emphasizing compliance, transparency, and security. The company operates in a heavily regulated environment and maintains partnerships with technology providers to support platform development and compliance. Financially, I-ON reported $433,012 in revenue for 2025 and net income of $4.15 million for Q1 2026, though liquidity ratios indicate current constraints. The company faces competition from larger digital solutions providers and is focused on innovation and regulatory alignment to maintain its market position.

Roman DBDR Acquisition Corp. II

DRDB

May 21, 2026
Cayman Islands

Roman DBDR Acquisition Corp. II is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands and listed on Nasdaq. The company has issued Class A and Class B ordinary shares and warrants. Its primary business objective is to complete a business combination, currently proposed with ThomasLloyd Climate Solutions, a company focused on sustainable energy and technology solutions, including entry into the US AI data center market. The company holds substantial assets in a Trust Account, primarily invested in money market funds, to fund the business combination. It operates with limited ongoing operations, incurring general and administrative expenses related to its SPAC activities and governance.

Cambium Networks Corp

CMBMF

May 21, 2026

Cambium Networks Corp, formed in 2011 and headquartered in Illinois, operates globally through its subsidiary Cambium Networks, Ltd. The company designs and sells wireless broadband networking infrastructure products and solutions. It outsources manufacturing to third-party manufacturers primarily located outside the U.S., including Vietnam and Thailand, and distributes products through a concentrated base of distributors and value-added resellers. The company’s operations are subject to various environmental regulations and export controls. Cambium Networks emphasizes a corporate culture focused on innovation, integrity, and employee development. The company faces challenges including supply chain disruptions, component shortages, and geopolitical risks affecting international manufacturing and sales. Its shares were delisted from Nasdaq in March 2026 and now trade on the OTC Expert Market tier, resulting in reduced liquidity and trading activity. The company has experienced material weaknesses in internal controls and delays in SEC filings. Financially, as of March 31, 2026, it reported current assets of $94.2 million, current liabilities of $141.9 million, a current ratio of 0.66, and a net loss of $3.4 million for the quarter. Cambium Networks is working on cost reduction and liquidity improvement measures amid ongoing financial covenant noncompliance.

XWELL, Inc.

XWEL

May 21, 2026
US

XWELL, Inc. operates as a global wellness organization focused on delivering health and restorative services to travelers. Its three main operating segments are XpresSpa, which offers spa services and travel products at major airports; XpresTest, which transitioned from COVID-19 testing to bio-surveillance programs at international airports; and Naples Wax Center, providing upscale hair removal and skincare services. The company has pursued growth through strategic acquisitions, expanded partnerships, and new wellness center openings. It maintains a focus on managing operating expenses and improving working capital to address recurring losses and negative cash flows. The company’s leadership team and board bring expertise in finance, healthcare, branding, and customer experience strategy.

TREASURE GLOBAL INC

TGL

May 21, 2026

Treasure Global Inc. operates primarily in fintech, digital asset platforms, and AI-powered consumer technology, with a geographic focus on Malaysia and Southeast Asia. The company has developed advanced AI cloud infrastructure and offers generative AI and AI digital human technology services through its subsidiary TADAA Technologies. It has formed strategic partnerships to enhance logistics and digital coupon solutions in Malaysia. The company has divested non-core food and beverage operations to streamline its focus on fintech and digital asset initiatives, including the OXI Wallet platform and real-world asset tokenization. Financially, as of March 31, 2026, Treasure Global reported revenue of $1.5 million and a net loss of $2.3 million, with liquidity ratios indicating a strong current ratio of 3.57 and a cash ratio of 0.54. The company also maintains an At The Market Offering Agreement to raise capital through common stock sales.

Webstar Technology Group Inc.

WBSR

May 21, 2026

Webstar Technology Group Inc. was incorporated in 2015 and initially operated licensed software solutions. Since mid-2024, the company shifted focus to specialty real estate development, particularly multi-tenant buildings with green upgrades and entertainment/resort properties. The company formed a subsidiary, Forge Atlanta Asset Management LLC, to develop a 10-acre mixed-use project in Atlanta. The acquisition of the property closed in December 2025 for $34.5 million, financed partly through promissory notes currently in default and under restructuring discussions. The company has one full-time employee and relies on contractors and consultants. It has no revenue and minimal operating capital, with a net loss reported in the latest quarter. The company operates under emerging growth and smaller reporting company status, with reduced reporting requirements [S1][S2].

APPYEA, INC

APYP

May 21, 2026

AppYea, Inc. was incorporated in 2012 and historically developed wearable digital health solutions for sleep apnea and snoring. In 2025, the company strategically pivoted to focus on blockchain-based lottery and gaming technology by acquiring a proprietary platform and intellectual property. The platform integrates blockchain smart contracts, verifiable randomness, and modular backend systems to support licensed lottery operators with enhanced transparency, fairness, and auditability. The company currently has one active customer deployment in The Gambia and plans to expand into additional regions including Asia and Europe. Its technology stack includes scalable backend systems, containerized infrastructure, and blockchain indexing. Revenue is generated through a combination of setup fees, recurring service fees, custom development fees, and performance-based fees linked to platform usage. Financially, the company is in the development stage with limited revenues and operating losses, facing liquidity constraints and a working capital deficit as of the latest quarter.

BMP AI Technologies, Inc.

BMPA

May 21, 2026

BMP AI Technologies, Inc. develops and commercializes an enterprise-grade artificial intelligence platform designed for regulated and compliance-sensitive environments. The BMP AI platform integrates secure document ingestion, vector-based semantic search, retrieval-augmented generation, and compliance tooling to enable domain-specific AI assistants that generate outputs grounded exclusively in an organization's internal documents and data. The platform targets industries requiring accuracy, traceability, and auditability, including healthcare, financial services, legal operations, and enterprise governance. The company pursues a multi-channel go-to-market strategy involving direct sales, partnerships, and self-service offerings. It operates without employees and is led by a sole executive officer and director. The company is in a development stage with limited operating history under its current business model and has reported no revenue to date.

CANNAPHARMARX, INC.

CPMD

May 21, 2026

CannaPharmaRX, Inc. is a cannabis production company operating a facility in Cremona, Alberta, with six of ten growing rooms currently operational. The company is pursuing expansion of its production capacity and aims to grow its presence in European markets, including Germany and Israel. It plans to obtain EU-GMP certification to facilitate direct shipments within the European Union. The company is managing its financial obligations through negotiated payment schedules with significant debtholders to maintain capital for operational growth.

Elite Health Systems Inc.

EHSI

May 21, 2026

Elite Health Systems Inc. is a healthcare company focused on operating managed care organizations through its subsidiary Elite Health Plan, Inc. The company offers Medicare Advantage plans targeting seniors, primarily in California counties such as San Bernardino, Los Angeles, and Riverside. It holds a contract with CMS as a Medicare Advantage organization, with enrollment dependent on annual contract renewal. The company launched its Medicare Advantage plans on January 1, 2026, and began onboarding members in late 2025. Elite Health Systems has a limited operating history and has incurred net losses due to start-up costs, acquisitions, and operational expenses. It funds its operations primarily through private placements of common stock and has raised approximately $14 million in gross proceeds through 2025 and early 2026. The company faces liquidity challenges and has expressed substantial doubt about its ability to continue as a going concern without additional capital.

Mitesco, Inc.

MITI

May 21, 2026

Mitesco, Inc. was established in 2012 and restructured its operations in 2015, shifting focus from compounding pharmacy businesses to healthcare clinics under The Good Clinic brand from 2020 to 2022. Due to unprofitability, the clinic operations were closed in late 2022 and are now classified as discontinued. Currently, Mitesco operates as a holding company with two main subsidiaries: Centcore, LLC, which provides data center and cloud computing services via co-location agreements and plans for smaller data centers; and Vero Technology Ventures, LLC, which focuses on investments and AI-based software development, including a sales automation tool called Robo Agent. The company has retained experienced professionals on a consulting basis to manage costs. Mitesco has restructured significant debt obligations into preferred and common stock and issued convertible promissory notes secured by its subsidiaries' assets. As of the latest quarter, the company reported no revenue, a net loss, and liquidity constraints. It operates with a small management team and no full-time employees, relying on directors and consultants. The company faces competition from various IT and cloud service providers and is subject to regulatory requirements related to data privacy, cybersecurity, and AI [S1][S2].

SurgePays, Inc.

SURG

May 21, 2026

SurgePays, Inc. operates as a wireless and point of sale technology company targeting underserved and value-conscious consumers. Its business model integrates mobile connectivity, financial technology services, and transaction processing solutions through a platform that combines wireless services with point of sale software and a nationwide retail distribution network. The company’s primary distribution channel is a network of over 9,000 independently owned convenience stores and similar retail locations, complemented by digital acquisition channels such as ProgramBenefits.com. SurgePays offers subsidized wireless services through government programs like Lifeline, non-subsidized prepaid wireless services under brands including LinkUp Mobile, and wholesale enablement services as a mobile virtual network enabler. The platform services segment provides point of sale transaction processing and software solutions enabling retail partners to process wireless top-ups, SIM activations, and financial transactions. Additionally, the Managed Marketing Services platform delivers in-store digital advertising through smart displays in retail locations. The company’s growth strategy emphasizes expanding subscriber acquisition, increasing revenue per customer via cross-selling and digital monetization, and improving capital efficiency. SurgePays focuses on underserved and rural markets, leveraging government-supported programs to address persistent connectivity gaps. The company’s software platform is hosted on AWS Cloud and integrates with popular point-of-sale systems to enhance scalability and reliability. Financially, as of Q1 2026, SurgePays reported revenue of approximately $16 million and a net loss of about $12 million, with liquidity ratios indicating a current ratio of 0.27 and cash ratio of 0.4. The company completed a $2.5 million public offering in early 2026 and continues to execute its growth initiatives.

LINGERIE FIGHTING CHAMPIONSHIPS, INC.

BOTY

May 21, 2026

Lingerie Fighting Championships, Inc. operates a unique sports entertainment league combining wrestling and mixed martial arts techniques in scripted events primarily featuring female athletes. The company produces live events, reality series, and video programming distributed through digital platforms, broadcast television, and pay-per-view. LFC also develops branded merchandise and pursues licensing opportunities. The company has grown its social media following significantly and has hosted events in the U.S. and Europe. It competes with major sports entertainment companies and other media for viewer attention. LFC is not currently regulated as a full contact sport but may face regulatory risks if perceptions change. The company has one full-time employee and contracts cast and crew for events.

Interactive Strength, Inc.

TRNR

May 21, 2026

Interactive Strength, Inc. is a company in the connected fitness and smart home gym sector, offering hardware products such as Wattbike, CLMBR, FORME Studio, and FORME Studio Lift, alongside digital services including a video-on-demand platform and live personal training. The company has grown through acquisitions, including CLMBR in 2024 and Wattbike in 2025, and has a subscription-based revenue model. It has a limited operating history since 2017 and faces challenges in achieving profitability and managing liquidity.