Bio Green Med Solution (NASDAQ: BGMS) reported second-quarter 2026 revenue of $336,000 from fire safety equipment sales and a net loss of $405,000, compared with a $1.318 million net loss a year earlier.
The company ended June 30 with $3.8 million in cash and cash equivalents. It also announced a planned business combination with Future NRG Sdn. Bhd., subject to closing conditions.
- Product revenue from fire safety sales and distribution was $336,000 for the three months ended June 30, 2026.
- Net loss from continuing operations was $405,000, or $0.08 per common share on a basic and diluted basis.
- General and administrative expense declined to $497,000 from $1.249 million in the prior-year quarter.
- Cash used in operating activities was $0.4 million during the quarter.
- In June, BGMS entered a securities purchase agreement expected to provide $794,403 in gross proceeds.
