---
title: "SHARPS TECHNOLOGY INC C/WTS (TO PUR COM) | 10-Q: FY2025 Q2 Revenue: USD 222.72 K"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252922338.md"
datetime: "2025-08-13T21:23:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252922338.md)
  - [en](https://longbridge.com/en/news/252922338.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252922338.md)
generator: "portal-rs"
---

# SHARPS TECHNOLOGY INC C/WTS (TO PUR COM) | 10-Q: FY2025 Q2 Revenue: USD 222.72 K

Revenue: As of FY2025 Q2, the actual value is USD 222.72 K.

EPS: As of FY2025 Q2, the actual value is USD 3.58.

### Segment Revenue

-   Net Revenue: $222,722 for the three and six months ended June 30, 2025, compared to $0 for the same periods in 2024.

### Operational Metrics

-   Gross Margin (Loss): - $1,032,027 for the three and six months ended June 30, 2025, compared to $0 for the same periods in 2024.
-   Research and Development Expenses: $61,455 for the three months ended June 30, 2025, compared to $180,297 for the same period in 2024. For the six months ended June 30, 2025, R&D expenses were $143,471 compared to $377,736 for the same period in 2024.
-   Selling, General and Administrative Expenses: $1,912,900 for the three months ended June 30, 2025, compared to $1,740,803 for the same period in 2024. For the six months ended June 30, 2025, SG&A expenses were $3,852,653 compared to $3,387,416 for the same period in 2024.
-   Net Income (Loss): $3,559,307 for the three months ended June 30, 2025, compared to - $2,102,327 for the same period in 2024. For the six months ended June 30, 2025, net income was $5,488,141 compared to a net loss of - $3,084,713 for the same period in 2024.

### Cash Flow

-   Net Cash Used in Operating Activities: - $4,355,930 for the six months ended June 30, 2025, compared to - $3,528,676 for the same period in 2024.
-   Net Cash Used in Investing Activities: - $1,959,758 for the six months ended June 30, 2025, compared to - $1,019,355 for the same period in 2024.
-   Net Cash Provided by Financing Activities: $13,953,031 for the six months ended June 30, 2025, compared to $2,972,348 for the same period in 2024.

### Unique Metrics

-   FMV Adjustment for Warrants: $6,468,811 gain for the three months ended June 30, 2025, compared to $822,130 gain for the same period in 2024. For the six months ended June 30, 2025, the gain was $11,087,700 compared to $1,672,187 for the same period in 2024.

### Future Outlook and Strategy

-   **Core Business Focus**: The company plans to drive revenue growth from both the Securegard and Sologard projects in 2025, as well as secure manufacturing capacity for the next generation polymer-based prefillable syringes. The recent financing will support essential operating expenses and production is on track, with revenue commencing in the quarter ended June 30, 2025.
-   **Non-Core Business**: The company is not actively working towards further amendments of the Asset Purchase Agreement with Nephron but may consider it in the future if conditions change.
-   **Priority**: Emphasis on expanding production capacity in Hungary, including the purchase of advanced machinery and other facility upgrades to fulfill Securegard and Sologard orders and other future business opportunities.

### Related Stocks

- [STSSW.US](https://longbridge.com/en/quote/STSSW.US.md)
- [SKYAW.US](https://longbridge.com/en/quote/SKYAW.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**