Bio Green Med Solution Inc. reported a net loss of $1.0 million for the third quarter ended September 30, 2025, compared to a net loss of $2.0 million for the same period in 2024. Cash and cash equivalents totaled $3.8 million as of September 30, 2025, up from $3.1 million at year-end 2024. Product revenue from sales and distribution of fire safety equipment was $81,000, with a related cost of sales of $64,000 for the quarter. General and administrative expenses decreased to $1.0 million from $1.2 million in the prior year period. Research and development expenses were $0, compared to $1.0 million a year earlier, following the liquidation of the UK subsidiary and the pause of R&D activities. In July 2025, the company implemented a one-for-fifteen reverse stock split to meet Nasdaq requirements, and in September 2025 completed the acquisition of Fitters Sdn. Bhd.
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