- PRF Technologies published an annual report on Form 20-F for the fiscal year ended Dec. 31, 2025.
- Revenue was USD 17,000, while net loss attributable to shareholders was USD 4.8 million.
- Research and development expense fell 90.6% to USD 1.1 million, primarily due to extensive clinical trial costs in 2024, partly offset by additional R&D tied to LayerBio activities.
- Cash and cash equivalents (including short-term deposits and restricted cash) were USD 4.1 million as of Dec. 31, 2025, and management said there is substantial doubt about the company’s ability to continue as a going concern.
- Business updates included a March 2025 acquisition of the DeepSolar solar analytics technology and an August 2025 majority investment in LayerBio, with work progressing toward a Phase II clinical trial for OcuRing-K.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PRF Technologies Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-26-001782), on March 26, 2026, and is solely responsible for the information contained therein.
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