--- title: "BIO GREEN MED SOLUTION INC. 6% CNV PFD USD | 8-K: FY2026 Q2 Revenue: USD 336 K" type: "News" locale: "en" url: "https://longbridge.com/en/news/295918136.md" datetime: "2026-08-14T10:14:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295918136.md) - [en](https://longbridge.com/en/news/295918136.md) - [zh-HK](https://longbridge.com/zh-HK/news/295918136.md) generator: "portal-rs" --- # BIO GREEN MED SOLUTION INC. 6% CNV PFD USD | 8-K: FY2026 Q2 Revenue: USD 336 K Revenue: As of FY2026 Q2, the actual value is USD 336 K. EPS: As of FY2026 Q2, the actual value is USD -0.08. EBIT: As of FY2026 Q2, the actual value is USD -405 K. #### Revenue Product revenue from fire safety sales and distribution was $336,000 for the three months ended June 30, 2026. This segment had no product revenue for the same period in 2025, prior to the acquisition of Fitters Sdn. Bhd. in September 2025. #### Operational Metrics - **Gross Margin:** The gross margin from fire safety equipment sales was approximately 23% for the three months ended June 30, 2026. - **Operating Expenses:** Total operating expenses were $754,000 for the three months ended June 30, 2026, a decrease from $1,249,000 for the same period in 2025. - **General and Administrative Expenses:** These expenses decreased by approximately $0.7 million, from $1.2 million in the three months ended June 30, 2025, to $0.5 million for the three months ended June 30, 2026, attributed to one-time costs in 2025 and lower operating costs under current management. - **Operating Loss:** The operating loss was - $418,000 for the three months ended June 30, 2026, an improvement from - $1,249,000 for the same period in 2025. - **Total Other Income, Net:** This increased by approximately $21,000, from $1,000 in the three months ended June 30, 2025, to $22,000 for the three months ended June 30, 2026, primarily due to foreign exchange gains. - **Income Tax Provision:** The provision increased by approximately $7,000, from $2,000 in the three months ended June 30, 2025, to $9,000 for the three months ended June 30, 2026, related to the fire safety business. - **Net Loss from Discontinued Operations:** This was - $68,000 for the three months ended June 30, 2025, related to former biopharmaceutical activities, with no such activity in the current period. - **Net Loss:** The net loss was - $405,000 for the three months ended June 30, 2026, compared to - $1,318,000 for the same period in 2025. - **Net Loss Applicable to Common Shareholders:** This was - $425,000 for the three months ended June 30, 2026, an improvement from - $1,338,000 for the same period in 2025. #### Cash Flow Net cash used in operating activities was - $0.4 million for the three months ended June 30, 2026. #### Balance Sheet (as of June 30, 2026, compared to December 31, 2025) - **Cash and Cash Equivalents:** Totaled $3.8 million as of June 30, 2026, an increase from $3.5 million as of December 31, 2025. - **Total Assets:** Totaled $7,854,000 as of June 30, 2026, compared to $8,185,000 as of December 31, 2025. - **Total Liabilities:** Totaled $694,000 as of June 30, 2026, compared to $1,343,000 as of December 31, 2025. - **Stockholders’ Equity:** Totaled $7,160,000 as of June 30, 2026, compared to $6,842,000 as of December 31, 2025. #### Unique Metrics and Operational Highlights - In June 2026, Bio Green Med Solution, Inc. entered into a Business Combination Agreement with Future NRG Sdn. Bhd. (FNRG), under which FNRG will become a wholly owned subsidiary of Bio Green Med Solution, Inc. - Upon closing of the BCA, FNRG’s selling shareholders are expected to own more than 99% of the combined company, with pre-Exchange Bio Green Med Solution, Inc. stockholders owning less than 1%. - In June 2026, Bio Green Med Solution, Inc. sold 1,103,338 shares of Common Stock at $0.72 per share, generating aggregate gross proceeds of $794,403. - In July 2026, a quarterly cash dividend of $0.15 per share was declared on the Company’s 6% Convertible Exchangeable Preferred Stock, paid on August 1, 2026. - The company shifted its operations from the biopharmaceutical industry to focus on fire safety protection and distribution activities as of September 2025, following the acquisition of Fitters Sdn. Bhd. #### Outlook / Guidance Bio Green Med Solution, Inc. estimates that its current cash resources will fund planned expenditure into the first quarter of 2027. ### Related Stocks - [BGMSP.US](https://longbridge.com/en/quote/BGMSP.US.md) ## Related News & Research - [Public Storage announces R$ 0.41 per unit dividend for Q3 2026](https://longbridge.com/en/news/296635332.md) - [REG - UIL Limited UIL Finance Ltd - Purchase of 2026 ZDP Shares](https://longbridge.com/en/news/296518280.md) - [Corning sets Q3 2026 dividend at R$ 0.25 per unit](https://longbridge.com/en/news/296635714.md) - [Baker Hughes declares Q3 2026 dividend of R$ 0.81 per unit](https://longbridge.com/en/news/296392545.md) - [Northrop Grumman announces R$ 0.17 per unit dividend for Q3 2026](https://longbridge.com/en/news/296645808.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**