Check-Cap Swings to Profit and Positive Equity on Debt Conversion in First Half 2025

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2025.12.30 13:57
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Check-Cap Ltd. reported a significant financial turnaround in its interim report for the first half of 2025, showing total assets of $5.8 million and positive equity of $3.8 million, up from a deficit. The company achieved a net income of $5.2 million, primarily from debt extinguishment. Despite these improvements, analysts express concerns over the lack of revenue generation and ongoing financial challenges, rating the stock as an underperformer. Check-Cap focuses on colorectal cancer diagnostic solutions and is traded in the U.S. as a foreign private issuer.