Positive Adjusted EBITDA and Free Cash Flow
BioStem delivered its sixth consecutive quarter of positive adjusted EBITDA and positive free cash flow, maintaining industry-leading gross margins.
Strong Cash Position
The company ended the quarter with $30.8 million in cash, an increase from $20.6 million in Q1 2025.
Clinical Trial Milestone
Completed patient enrollment in the clinical trial evaluating BR-AC for treating diabetic foot ulcers, with top-line results expected in Q4 2025.
Operational Expansion Plans
Plans to expand and diversify the product portfolio through R&D and acquisitions, and strengthening commercial presence.
NASDAQ Uplisting Progress
Pursuing uplisting to NASDAQ as part of a long-term strategic plan, which includes increased visibility and expanded access to capital.