Know Labs ( (KNW) ) has released its Q3 earnings. Here is a breakdown of the information Know Labs presented to its investors.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Know Labs, Inc., a Nevada-based company, specializes in developing sensor technology using radio and microwave spectroscopy for medical diagnostics and industrial applications. In its latest earnings report for the quarter ending June 30, 2025, Know Labs highlighted a significant reduction in operating expenses, with research and development costs dropping to $238,612 from $1,348,985 in the previous year. However, the company reported a net loss of $1.53 million for the quarter, an improvement from the $4.10 million loss in the same period last year. The company’s cash position decreased to $172,503, reflecting ongoing operational challenges and financing activities. Despite the financial hurdles, Know Labs is actively pursuing strategic initiatives, including a Securities Purchase Agreement with Goldeneye 1995 LLC, expected to close in August 2025, which could provide significant capital infusion. Looking ahead, Know Labs remains focused on advancing its proprietary technology and securing additional funding to support its growth and development plans.