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Elauwit Connection, Inc. operates primarily in the U.S. providing network design and installation services alongside internet network services, including wired/wireless internet and hardware maintenance. The company recognizes revenue over time based on contract performance and uses a single reportable segment. It has a concentrated customer base with four customers representing a majority of revenues and receivables. The company completed an initial public offering in late 2025 and has since raised additional related-party financing. Financial statements for Q1 2026 show revenues of $4.43 million, a net loss of $2.16 million, and a current ratio of 1.3. The company has an accumulated deficit and has experienced recurring net losses and negative cash flows from operations since inception. Management considers liquidity sufficient for at least the next twelve months. The company actively participates in industry and investment conferences and has made recent leadership appointments.

BlockchAIn Digital Infrastructure, Inc. is a Delaware-based company focused on developing and operating digital infrastructure for AI hosting and high-performance computing workloads. Its primary operating subsidiary, One Blockchain, manages a 40 MW data center facility in South Carolina, one of the largest single-site data centers in the state. The company completed a business combination in March 2026, merging with Signing Day Sports and One Blockchain, consolidating ownership and operations. BlockchAIn's business model is owner-agnostic, providing physical infrastructure, power delivery, and data center operations while customers deploy their own servers and AI hardware. The company is developing a modular deployment architecture to convert power-secured sites into AI-ready infrastructure and has strategic collaborations with PDM and Super Micro. Expansion plans include increasing capacity at the South Carolina facility to 50 MW and developing a 25 MW AI-focused site in Minnesota, with a broader development pipeline across multiple U.S. markets. The company emphasizes capital efficiency, maintaining a strong balance sheet with no significant traditional debt as of December 31, 2025. Its energy strategy focuses on securing low-cost, reliable power, primarily sourced from Lockhart Power Company under a five-year agreement. The company faces risks related to customer concentration, reliance on a single power provider, regulatory compliance, cybersecurity, and the need for significant capital to fund growth [S1][S2].

Crown Reserve Acquisition Corp. I is a Special Purpose Acquisition Company (SPAC) incorporated in the Cayman Islands in April 2025. The company’s sole purpose is to identify and complete a business combination with one or more target businesses within a specified timeframe. It completed its IPO in November 2025, issuing units consisting of Class A ordinary shares, warrants, and rights, with proceeds held in a Trust Account invested in U.S. government securities. The company has no operations or revenues and no full-time employees, with management dedicating time as necessary until a business combination is completed. The company pursues a broad acquisition strategy without industry or geographic restrictions, leveraging the management team’s extensive experience and network. In March 2026, the company entered into a Business Combination Agreement with Carvix, Inc., subject to customary closing conditions including stockholder approval and regulatory clearances. The company’s financial position as of March 31, 2026, shows limited liquidity outside the Trust Account and a net loss for the quarter. The company’s securities trade separately on Nasdaq under multiple symbols.

OZ Vision Inc. operates as a transportation and logistics company providing dispatch and freight shipping services primarily to business customers in the United States. The company has limited historical revenues and operates with no employees, relying on third-party contractors. In September 2023, OZ Vision acquired assets from Fighting Leagues LV, including a Nevada State Athletic Commission Professional Promoter license, media rights to 40 combat sports shows, and production and stage equipment. These assets enable the company to promote live Kickboxing, Boxing, and MMA events in Nevada, although as of the latest report, the company has not commenced operations in this area. The company changed its name from United Express Inc. to OZ Vision Inc. in 2025. Financially, the company reported revenues of $37,440 and a net loss of $47,448 for the nine months ended March 31, 2026, with cash and cash equivalents of $68 against current liabilities of approximately $1.19 million. The promoter license is an indefinite-lived intangible asset, while media rights are amortized over three years. The company faces significant challenges including limited resources, competition from larger logistics providers, customer concentration, and the risks associated with entering the combat sports promotion business.

Polaryx Therapeutics, Inc. is focused on discovering and developing disease-modifying therapies for rare, pediatric lysosomal storage disorders (LSDs), a group of nearly 50 inherited metabolic diseases characterized by lysosomal dysfunction leading to severe neurological and systemic symptoms. The company’s lead candidate, PLX-200, is a repurposed and reformulated oral small molecule drug (gemfibrozil) designed for pediatric use via a proprietary oral solution. PLX-200 targets multiple LSDs including CLN2 and CLN3 subtypes of neuronal ceroid lipofuscinosis, Krabbe disease, and Sandhoff disease. Polaryx plans to initiate a Phase 2 proof-of-concept basket trial (SOTERIA) in the second half of 2026 to assess PLX-200’s safety and clinical activity across these indications. The company’s pipeline also includes PLX-300 and PLX-100 small molecules and PLX-400 gene therapy in preclinical stages. Polaryx leverages a multi-modal therapeutic approach addressing lysosomal biogenesis, neuroinflammation, and neuronal survival. The company has no approved products and has incurred net losses since inception, with a Q1 2026 net loss of $2.54 million and cash and equivalents of $3.08 million as of March 31, 2026.

Forian Inc. was incorporated in 2020 and provides data management capabilities and proprietary analytics solutions to optimize operational, clinical, and financial performance for customers in healthcare, life sciences, and financial services. The company generates revenues from fees for its information products and services, primarily in the United States. It recognizes revenue as products are updated and incurs costs related to labor, information licensing, hosting, and client services. The company has undergone a redomiciliation from Delaware to Maryland in early 2026 and entered into a merger agreement in April 2026. It acquired Kyber Data Science, LLC in late 2024, expanding its offerings. The company invests in research and development to enhance its products and continues to expand sales and marketing efforts. It maintains a strong liquidity position and manages risks related to vendor data licensing changes and contract terminations.

Proem Acquisition Corp. I is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands in July 2025. It was formed to identify and complete a business combination with a target company, primarily focusing on technology-driven enterprises in sectors such as artificial intelligence, blockchain, SaaS, data infrastructure, and cybersecurity. The company completed its initial public offering in February 2026, raising gross proceeds of $130 million, which are held in a trust account. The company has not yet selected a business combination target and has not commenced operations beyond organizational activities and preparing for the IPO. The management team leverages the expertise of Proem Asset Management, a technology-focused investment firm, to source and add value to potential acquisition targets. The company intends to complete its initial business combination within 24 months of the IPO, with possible extensions subject to shareholder approval. The business combination criteria emphasize scalable growth, disruptive technology, strong management, attractive market opportunities, public market readiness, and durable revenue models. The company currently generates non-operating income from interest on the trust account funds and maintains strong liquidity as of the latest quarter.

FreeCast, Inc. provides an online platform that enables subscribers to navigate and consume streaming video, radio, and games across multiple internet-connected devices. The company transitioned from a single-license to a multi-license revenue model, partnering with various distributors and device manufacturers to generate revenue through negotiated revenue sharing. Its core technology, the SmartGuide, is licensed from Nextelligence, Inc., which also provides ongoing development and maintenance services. FreeCast's business model depends on attracting and retaining subscribers through a combination of online and offline marketing efforts, while managing relationships with a limited number of significant customers. The company faces competitive pressures from larger, more established players and must continuously adapt to evolving technology and consumer preferences. Financially, FreeCast has reported net losses and limited liquidity, with ongoing reliance on convertible debt financing from related parties.

First America Resources Corporation, incorporated in Nevada in 2010 and renamed in 2014, operates primarily through its wholly owned subsidiary METech Recycling, which has a long history in precious metal recovery and electronics recycling. The company provides IT asset disposition (ITAD) and electronics recycling services including refurbishment, resale, secure data destruction compliant with industry standards, and lifecycle management of technology assets. It supports AI infrastructure lifecycle services and data center decommissioning projects, handling a broad range of IT and electronic equipment. The company employs technology-driven systems with machine learning and data analytics to optimize equipment classification, pricing, and materials recovery. It serves a diverse customer base including technology firms, telecommunications providers, defense contractors, educational institutions, government agencies, and large enterprises. Facilities are located in California, Utah, Colorado, Massachusetts, and North Carolina. The company is certified as a Responsible Recycler (R2v3) and maintains environmental compliance programs. It faces competition from regional and international operators with greater resources. Financially, the company reported $4.8 million in revenue and net income of $297,230 for the quarter ended March 31, 2026, but has liquidity challenges with a current ratio of 0.52 and a history of net losses and working capital deficits. The company’s CEO and majority shareholder has provided loans to support operations, and management plans acquisitions to strengthen the business.

Volato Group, Inc. is a publicly traded emerging growth company focused on aviation-related services and technology. Its platform, Vaunt, offers light jet services and has recently expanded its fleet through partnerships such as with Leviate Air Group. The company has also initiated an aircraft leasing program to enhance revenue streams. Additionally, Volato is developing patent-pending technology in the cryptocurrency mining sector, indicating diversification into technology-driven ventures. The company has experienced financial losses and liquidity constraints as of early 2026 and is actively addressing compliance issues with the NYSE American exchange. A merger with M2i Global is underway, reflecting strategic corporate developments.

Spring Valley Acquisition Corp. IV is a blank check company incorporated in the Cayman Islands in October 2025. Its business purpose is to identify and complete a Business Combination through merger, share exchange, or similar transaction with one or more target businesses. The company completed its Initial Public Offering in February 2026, issuing 23 million units at $10 per unit, including full exercise of the underwriters' over-allotment option, raising gross proceeds of $230 million. Each unit includes one Class A ordinary share and one-fourth of a redeemable warrant exercisable at $11.50 per share. The company also sold Private Placement Warrants to its Sponsor and underwriters. As of March 31, 2026, the company had not commenced operations and had no operating revenues. Its assets primarily consist of cash, investments held in a Trust Account, and prepaid expenses. The company reported net income for the quarter ended March 31, 2026, mainly from interest income on Trust Account investments. It maintains a strong liquidity position with a current ratio of 7.15. The company is classified as an emerging growth company and has broad discretion over the use of IPO proceeds, primarily intended for consummating a Business Combination.[S1]

PMGC Holdings Inc. operates as a diversified holding company with four wholly owned subsidiaries: Northstrive Biosciences (biopharmaceuticals), PMGC Capital LLC (investment), Pacific Sun Packaging Inc. (specialty packaging), and AGA Precision Systems LLC (precision CNC machining). Northstrive Biosciences develops engineered probiotics targeting muscle preservation during obesity treatment, with lead asset EL-22 having completed Phase 1 clinical trials. PMGC Capital focuses on multi-strategy investments and lending. Pacific Sun Packaging provides custom packaging solutions for sensitive IT hardware components, serving over 300 customers across semiconductor and data center supply chains. AGA Precision Systems specializes in high-tolerance machining of complex metals for aerospace, defense, and industrial sectors. The company has divested its prior skincare business to focus on these diversified assets. Recent acquisitions have expanded its manufacturing and packaging footprint. The company reported limited revenue and ongoing net losses, with liquidity supported by cash, short-term investments, and equity facilities. PMGC Holdings faces operational and financial risks typical of a growing diversified holding company [S1][S2][N3][N4][N5].

Coeptis Therapeutics Holdings, Inc. underwent a business combination with Z Squared, Inc. in April 2026, resulting in a strategic shift to cryptocurrency mining operations. The company now operates OpCo, a development-stage, vertically integrated digital mining firm focused on Dogecoin and Litecoin. OpCo manages a fleet of specialized ASIC miners deployed across six facilities in North Carolina, South Carolina, and Iowa. The company emphasizes operational efficiency, asset lifecycle management, and rapid conversion of mined assets to fiat currency to mitigate volatility. It maintains key service agreements for hosting and custody and leverages leadership experience in crypto mining and technology sectors. Financially, Coeptis reported modest revenue and significant net losses in Q1 2026, with liquidity ratios reflecting a strong current ratio but low cash ratio. The company faces risks related to competition, capital requirements, and operational execution in a rapidly evolving industry.

NovelStem International Corp. is a holding company that transitioned from media to biotechnology with the acquisition of NewStem Ltd in 2018. NewStem developed a patented genetic platform technology focused on stem cell-based anti-cancer therapies and diagnostics. The company held a significant equity interest in NewStem and a 50% interest in NetCo Partners, which owns the Net Force entertainment franchise. NewStem was liquidated in October 2025 due to funding challenges, with the underlying technology license reverting to Yissum Research Development Company. NovelStem retains financial interests in future monetization of the license. The NetCo interest was sold in May 2025 to settle litigation funding liabilities. NovelStem currently conducts no other business and relies on earnings and cash from its investments and licensing rights. The company has no employees and uses consultants for operational needs. Financially, NovelStem reported net income for 2025 after prior losses, but liquidity ratios indicate significant current liabilities exceeding current assets as of March 31, 2026.

Rank One Computing Corp (ROC) is a U.S.-based AI company focused on Vision AI technologies that transform unstructured visual data into actionable biometric identity, digital forensics, and video analytics solutions. ROC's platform includes a comprehensive SDK with AI/ML algorithms for face, fingerprint, iris recognition, and object detection. Its products serve mission-critical applications in law enforcement, defense, and regulated commercial sectors. The company emphasizes U.S. sovereignty, algorithmic efficiency, and operational trust, positioning itself as a domestic alternative to foreign legacy systems. ROC's leadership team has deep experience in national security and FBI technology programs. The company is expanding its commercial footprint globally, particularly in the Middle East and Asia-Pacific regions, and maintains a strong ethical framework governing technology use [S1].

Spring Valley Acquisition Corp. III is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands in March 2025. Its primary purpose is to identify and complete an initial business combination with a company in natural resources and decarbonization sectors. The company completed its IPO in September 2025, raising $230 million, with proceeds held in a trust account invested in U.S. government securities or money market funds. The company has a 24-month window to complete a business combination. The management team has over 100 years of combined experience in investing, operating, and financing companies in the targeted sectors. In January 2026, the company entered into a business combination agreement with General Fusion Inc., a fusion energy company, to become the first publicly traded pure-play fusion company. The business combination involves a continuation of the company to British Columbia and an amalgamation with General Fusion. The company reported a net loss of $423 million for Q1 2026, primarily due to subscription agreement expenses related to the business combination. As of March 31, 2026, the company held $665,383 in cash and $234.7 million in trust investments, with strong liquidity ratios.

Range Capital Acquisition Corp II is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands in May 2025. Its business model is to identify and complete a business combination with one or more target companies using proceeds from its IPO and private placement. The company completed its IPO in October 2025, raising gross proceeds of $230 million, which were placed in a Trust Account. It has not commenced operations or generated revenues, focusing on organizational activities and target identification. The company earns interest income on Trust Account investments and incurs public company expenses. As of March 31, 2026, it holds current assets of approximately $1.06 million and current liabilities of $136,902, with no long-term debt. The company’s shares include Class A ordinary shares subject to possible redemption and Class B founder shares. The board includes experienced executives and independent directors. The company’s financial statements are audited and comply with applicable accounting standards.

CO2 Energy Transition Corp. is a blank check company (SPAC) that raised capital through an IPO in November 2024 and is listed on the Nasdaq Global Market. The company’s business plan is to identify and complete an initial business combination with one or more target businesses, primarily in the energy transition sector, although specific target details are not disclosed. The company holds funds in a trust account invested in short-term U.S. government securities. The sponsor holds a significant ownership stake and provides working capital loans convertible into units. The company is subject to Nasdaq listing requirements and regulatory provisions applicable to blank check companies. Public stockholders have limited redemption rights, and the company faces risks related to the timing and completion of its initial business combination.

Kustom Entertainment, Inc., formerly Digital Ally, Inc., is a technology and entertainment company operating primarily through two segments: Video Solutions and Entertainment. The Video Solutions Segment develops and sells digital video imaging and storage products, including in-car and body-worn cameras, cloud-based evidence management systems, and safety products for law enforcement, security, and commercial fleet markets. The Entertainment Segment operates TicketSmarter.com, a secondary ticketing platform offering tickets for over 125,000 live events nationwide, and provides live event production and promotion services through its subsidiary Kustom 440. The company divested its Revenue Cycle Management Segment, Nobility Healthcare, in January 2026, classifying it as discontinued operations. The company reported total net revenues of approximately $13.75 million for 2025, with the Entertainment Segment contributing the majority. The company faces competition in both segments from established players with greater resources. Kustom Entertainment holds patents related to its proprietary VuLink auto-activation technology and continues to pursue strategic partnerships and market expansion in live entertainment and online ticketing.

CitroTech Inc. develops and commercializes fire-retardant and fire suppression products intended to protect lives and property from wildfires and related hazards. The company formed a 50/50 joint venture, HexiTech LLC, with Hexion Inc. to leverage Hexion's manufacturing and commercialization capabilities alongside CitroTech's intellectual property. The business model centers on licensing proprietary fire retardant technologies and expanding market adoption through this joint venture. CitroTech's products are used by emergency services, commercial property owners, residential homeowners, and government agencies. The company faces operational challenges including seasonality driven by wildfire activity, supplier dependencies, and regulatory scrutiny. Financially, CitroTech has a history of losses and relies on equity offerings and related party funding to sustain operations. As of Q1 2026, liquidity ratios indicate the company maintains sufficient short-term assets to cover liabilities [S1][S2].

York Space Systems Inc. is a leading U.S.-based space and defense prime contractor specializing in mission-critical spacecraft solutions for national security, government, and commercial sectors. The company offers a vertically integrated technology stack encompassing spacecraft design, production, integration, and operation, supported by proprietary hardware and software. York's spacecraft platforms include the S-CLASS, LX-CLASS, and M-CLASS, designed for a range of mission needs with significant commonality to reduce costs and accelerate deployment. York's software enables autonomous constellation management and resilient operations, supported by a global network of over 45 ground antennas. The company completed its IPO in January 2026 and has expanded production capacity to manufacture over 1,000 satellites annually. York's business model includes recurring revenue from satellite software and hardware replacement cycles, with a backlog of $642 million as of March 31, 2026. The company has made strategic acquisitions to enhance its capabilities and market position.

NeoVolta Inc. operates in the energy storage sector, designing and manufacturing high-end Energy Storage Systems (ESS) such as the NV14, NV14-K, and NV-24. These systems store and use energy via batteries and inverters for residential and commercial applications. The company primarily sells directly to certified solar installers and equipment distributors, while also pursuing partnerships with residential and commercial developers. NeoVolta emphasizes low cost, innovative battery chemistry, product versatility, and installer service as key differentiators. In 2026, NeoVolta formed a joint venture to build a utility-scale battery manufacturing facility in Georgia, aiming to expand production capacity and product offerings. The company has been expanding sales channels beyond its traditional Southern California installer market, contributing to revenue growth. Financially, NeoVolta reported revenues of $2.02 million for Q3 2026 and $13.32 million for the nine months ended March 31, 2026, with net losses reflecting increased operating expenses and investments in growth initiatives.

Bridgeline Digital, Inc. operates as an AI-powered marketing technology company offering software products designed to increase online revenue by enhancing website traffic, conversion rates, and average order value. Its software is delivered via cloud-based SaaS and perpetual licensing models, with deployment options including on-premises and managed hosting. The company’s product portfolio includes nine AI-powered Hawk AI products, enterprise site search solutions (HawkSearch and Celebros Search), SEO auditing tools (WooRank), digital experience platforms (Unbound and OrchestraCMS), and franchise marketing software (TruPresence). Bridgeline serves mid-sized and large companies across multiple verticals such as associations, banks, eCommerce, franchises, health services, industrial distribution, manufacturing, and technology. It maintains a direct sales force and strategic partnerships with major platforms to enhance distribution. The company invests heavily in research and development and supports customers through a dedicated Customer Success team. Bridgeline faces intense competition in a fragmented and rapidly evolving market and differentiates itself through tailored AI solutions, integrated platforms, deployment flexibility, and complementary development services.

Gemini Space Station, Inc. operates a regulated cryptocurrency platform founded in 2014, focused on providing secure and compliant access to digital assets and markets. The platform offers a unified experience integrating spot and derivatives trading, staking, OTC trading, institutional custody, a NYDFS-regulated stablecoin, a US credit card program, and a CFTC-regulated prediction markets platform launched in late 2025. Gemini serves retail and institutional users across more than 60 countries, with a majority in the US. The company recently announced a strategic exit from select international markets to concentrate resources domestically. Gemini emphasizes security, regulatory compliance, and product innovation, holding multiple licenses and certifications. Revenue is primarily fee-based from transaction volumes, custody, staking, and credit card activities. The company maintains significant liquidity and continues to invest in expanding its product offerings and user base.

Traws Pharma, Inc. is a clinical-stage pharmaceutical company focused on developing treatments for infectious diseases including COVID-19, influenza, and hantavirus. The company has multiple drug candidates in clinical development, notably Ratutrelvir and Tivoxavir Marboxil, with ongoing Phase 2 studies and regulatory filings. It has secured financing to support its programs and has experienced regulatory challenges such as an FDA halt on the TXM IND. The company is led by experienced pharmaceutical executives and maintains governance policies consistent with industry standards.

BioXcel Therapeutics, Inc. operates as a biopharmaceutical company utilizing artificial intelligence to develop transformative medicines primarily in neuroscience and immuno-oncology. The company’s proprietary AI platform aims to reduce drug development costs and accelerate timelines by repurposing existing drugs and clinically evaluated candidates. Its lead neuroscience product, BXCL501, is an investigational sublingual film formulation of dexmedetomidine targeting agitation in psychiatric and neurological disorders. IGALMI®, the FDA-approved form of BXCL501, is commercially available for acute agitation treatment in schizophrenia and bipolar disorder. The company also develops BXCL701, an oral innate immune activator for aggressive cancers. BioXcel relies on third-party manufacturers and clinical trial operators. The company faces ongoing regulatory requirements and market acceptance challenges for its products. Financially, it reported a net loss and holds limited cash reserves as of the latest quarter [S1][S2].

Bit Digital, Inc. is engaged in cloud services and colocation data center operations, providing high-performance computing infrastructure, including GPU clusters, to support AI, machine learning, and other digital workloads. The company operates data centers in Iceland, Canada, and the United States, including facilities acquired through the purchase of Enovum and a new site near Greensboro, North Carolina. Bit Digital's business model involves long-term contracts with customers ranging from 12 to 60 months for data center services and shorter contracts for cloud services. The company has transitioned away from prior bitcoin mining operations in China and focuses on expanding its cloud and data center footprint. It faces competitive pressures, supply chain challenges, and regulatory risks related to technology and AI. The company reported revenue of $27.9 million and a net loss of $146.7 million for Q1 2026, with liquidity metrics indicating a strong current ratio and cash position as of March 31, 2026 [S2][N1][N2][N3].

Future Vision II Acquisition Corp. is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands in early 2024. Its business model centers on effecting a merger, share exchange, asset acquisition, or similar business combination with one or more target companies, primarily focusing on businesses in Asia. The company completed its IPO in September 2024, raising gross proceeds of $57.5 million, which are held in a trust account invested in U.S. government securities and money market funds. The company has not generated operating revenues and is currently focused on completing its initial business combination. It has entered into a merger agreement with MicroTouch Technology Inc., a Hong Kong-based IT services company specializing in real-time matching technology and enterprise software development. Upon closing, MicroTouch will become a wholly owned subsidiary, and Future Vision will change its name to MicroTouch Inc. The company’s management team has experience in financial services, accounting, legal, and operations, with a focus on mergers and acquisitions. The company has strong liquidity, with cash and marketable securities totaling over $62 million as of December 31, 2025, and reported net income of $418,756 for the quarter ended March 31, 2026.

Digi Power X Inc. is a Canadian corporation focused on providing high-performance computing data center services and cryptocurrency mining operations. The company offers data center space, power, environmental controls, physical security, and connectivity to HPC hosting and colocation customers. It has entered into a major agreement with Cerebras Systems Inc. to deploy AI computing infrastructure at its data center campus in Alabama, involving a multi-year contract with significant financial value. The company reported Q1 2026 financial results showing revenue generation alongside net losses, reflecting its early-stage development and investment in growth. Digi Power X maintains strong liquidity with substantial cash and current assets relative to liabilities. The company is led by experienced executives and is subject to risks including contract liabilities, customer concentration, regulatory changes, and operational dependencies such as power availability and technology obsolescence.

NextPlat Corp operates in e-Commerce and healthcare sectors, with significant working capital needs for inventory including satellite communication devices and pharmaceuticals. The company generates a substantial portion of its e-Commerce revenue through Amazon marketplaces and relies on Amazon's fulfillment services. Healthcare operations depend heavily on a single pharmaceutical wholesale distributor, representing 98% of pharmaceutical purchases in 2025. The company has experienced significant net losses and an accumulated deficit, reflecting ongoing investments in expanding operations and developing new platforms. It completed a reverse stock split in 2026 to regain compliance with Nasdaq's minimum bid price requirement. Liquidity ratios as of March 31, 2026, indicate a current ratio of 2.56 and a cash ratio of 1.21, with cash and equivalents of $11 million. The company faces risks related to Nasdaq listing compliance, supplier concentration, economic conditions, and operational disruptions.

Global Gas Corporation is a Delaware-based company focused on developing hydrogen and carbon recovery projects and supplying industrial gases. Founded in 2023, it completed a business combination in late 2023 and is building a project development pipeline targeting renewable waste and non-renewable feedstocks. The company plans to sell equipment and provide engineering and project management services primarily in North America and Western Europe. It benefits from government incentives aimed at decarbonization but has not yet generated revenue or secured paying customers. The company faces liquidity constraints and operates with a small team, planning to expand personnel as projects develop.

LFTD Partners Inc. is a holding company whose primary operations are conducted through its wholly owned subsidiary Lifted Liquids, Inc. Lifted manufactures and sells hemp-derived and psychoactive products under brands such as Urb Finest Flowers, Mielos, and Rebel Energy Gummy. It also serves private label clients and holds exclusive manufacturing and distribution rights for Diamond Supply Co. hemp-derived products. The company has minority investments in Ablis, a hemp-derived beverage maker, and Bendistillery, a craft distiller. The business is concentrated in the U.S. market, with sales primarily to distributors, wholesalers, private label clients, and end consumers. Revenue recognition follows ASC 606, with control transferring at shipment or delivery. The company faces regulatory challenges, including a federal ban on intoxicating hemp-derived consumables effective November 2026, which has materially impacted goodwill and investments. The company has reported declining revenues and net losses in recent years, with liquidity managed through cash on hand and operating cash flows. Management is focused on operational restructuring, marketing initiatives, and managing credit risk from slow-paying customers.

Intuitive Machines, Inc. is a space infrastructure and services company founded in 2013, focused on enabling sustained infrastructure and human activity beyond Earth. The company’s strategy centers on transitioning space activity from discrete, mission-specific systems to continuously operating infrastructure through an integrated Build-Connect-Operate model. This includes designing, manufacturing, and delivering spacecraft and landers; integrating these assets into communications, navigation, and data relay networks; and providing mission operations and infrastructure-as-a-service. Intuitive Machines prioritizes lunar and cislunar space, aligning with U.S. civil and national security objectives, and supports a broad range of customers including NASA, the U.S. Department of Defense, state governments, and commercial entities. Recent acquisitions of KinetX and Lanteris have enhanced its satellite manufacturing and communications capabilities. The company’s total addressable market spans ground stations, satellites in various orbits, lunar landers, surface infrastructure, space robotics, and future deep-space missions. Intuitive Machines faces competition from established aerospace firms and emerging space companies. The company reported Q1 2026 revenue of $186.7 million and a net loss of $37.4 million, with liquidity ratios indicating a current ratio of 1.22 and cash ratio of 0.56 as of March 31, 2026.

VIP Play, Inc. is a gaming and sports entertainment company focusing on skill-based gaming, daily fantasy sports, and sports betting. The company has strategically entered the $9-11 billion skill-based gaming market and daily fantasy sports market, launching mobile betting applications in regulated states including Tennessee and preparing for expansion into West Virginia. VIP Play leverages AI technology through partnerships with firms like Vokol and Decentral AI to enhance its offerings. The company operates under one reportable segment and recognizes revenue according to ASC Topic 606. Financially, VIP Play reported $102,000 in revenue and a net loss of $11.4 million for the quarter ended March 31, 2026, with liquidity constraints indicated by a current ratio of 0.07. The company funds operations through related party credit lines, notes payable, and equity issuances. It maintains segregated user funds to comply with regulatory requirements. The CEO and executive team have been active in industry events and have made key hires to strengthen revenue strategy and product design.

Picard Medical, Inc. develops and markets total artificial heart systems, including the SynCardia Total Artificial Heart and the next-generation Emperor Total Artificial Heart. The company is headquartered in Tucson, Arizona, and trades on the NYSE American exchange under the ticker PMI. It has reported revenues and net losses in recent periods, reflecting ongoing development and commercialization efforts. Picard Medical has recently advanced its product designs and clinical implantations, and has raised capital through public offerings and convertible promissory notes to support operations and debt repayment. The company faces challenges related to compliance with NYSE listing standards due to its financial position.

BeLive Holdings provides integrated technology solutions for live commerce and shoppable short videos, enabling customers to engage consumers through interactive and immersive video content. The company’s offerings include a bespoke BeLive White Label Solution tailored to enterprise clients and a cloud-based BeLive SaaS Solution for smaller businesses. In 2025, BeLive expanded into content production and distribution via BeLive AI Studios, focusing on narrative-driven video content such as microdramas and branded storytelling. The company operates through subsidiaries in Singapore, Vietnam, and the British Virgin Islands, with a multi-cloud infrastructure supporting its streaming services. BeLive’s customer base primarily consists of retail and e-commerce businesses in Asia, Oceania, and Europe. Revenue is generated through customization and integration fees, licensing and maintenance fees, and usage-based fees. The company has established strategic partnerships with firms in data analytics, investment advisory, and media production to support growth and innovation.