Bio Green Med Solution Inc. (BGMS) reported third-quarter 2026 revenue of $454,000, compared with $81,000 in the prior-year period. Net loss was $449,000, compared with a $988,000 loss a year earlier.
The company said its fire safety business generated approximately a 25% gross margin during the quarter and reported $3.5 million in cash and cash equivalents as of September 30, 2026.
- Basic and diluted net loss per common share was $0.07, versus $1.31 in the prior-year quarter.
- Cost of sales was $339,000, while general and administrative expenses were $635,000, down from $1.004 million.
- Total other income, net, was $74,000, compared with $4,000 a year earlier.
- The board declared a $0.15 quarterly cash dividend on its 6% Convertible Exchangeable Preferred Stock, paid November 1, 2026.
- The company said its Form S-4 for the proposed Future NRG business combination was declared effective in October.
