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BIO-key Faces Nasdaq Delisting Risk Amid Stock Drop

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BIO-key International ( (BKYI) ) has issued an update.

On May 9, 2025, BIO-key International received a notice from Nasdaq indicating that its stock price had fallen below the $1.00 minimum bid requirement for 30 consecutive business days, risking delisting. The company has until November 5, 2025, to regain compliance, with potential for an additional 180-day extension if necessary. In Q1 2025, BIO-key reported a revenue of $1.6 million, a decrease from the previous year, but noted improvements in cash position and a reduction in operating expenses. The company is optimistic about future growth, driven by increased adoption of its biometric solutions and strategic partnerships, despite fluctuations in quarterly financial performance.

The most recent analyst rating on (BKYI) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on BIO-key International stock, see the BKYI Stock Forecast page.

Spark’s Take on BKYI Stock

According to Spark, TipRanks’ AI Analyst, BKYI is a Neutral.

BIO-key International’s overall score reflects significant financial challenges with negative profitability and cash flow metrics. The earnings call provides some optimism with a strategic shift towards higher-margin products and partnerships, but technical indicators suggest caution. Valuation remains weak due to ongoing losses, highlighting the need for stabilization and growth.

To see Spark’s full report on BKYI stock, click here.

More about BIO-key International

BIO-key International, Inc. operates in the cybersecurity industry, focusing on biometric-centric, multi-factor identity and access management (IAM) solutions. The company offers products that provide secure access to computers, information, applications, and high-value transactions, with a particular emphasis on phoneless, tokenless, and passwordless biometric options.

Average Trading Volume: 274,302

Technical Sentiment Signal: Sell

Current Market Cap: $4.71M

See more insights into BKYI stock on TipRanks’ Stock Analysis page.

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