Femasys Announces Financial Results for Quarter Ended June 30, 2026 and Provides Corporate Update
Rhea-AI Summary
Femasys (NASDAQ:FEMY) reported second-quarter and six-month 2026 results and a major financing. The company completed a $30 million private placement with potential proceeds up to $90 million upon full cash exercise of warrants, and subsequently believes it has resources to execute its U.S. commercial and clinical strategy.
For the six months ended June 30, 2026, sales were $756,716, up 0.8% year over year, with net loss $3.6 million versus $10.5 million in 2025, helped by a 25.7% reduction in R&D expenses. For Q2 2026, sales declined 18.9% to $331,827 and net loss was $4.5 million. Cash was $1.4 million at June 30, 2026, before the private placement.
Corporate updates include regaining Nasdaq listing compliance, new U.S. and international patents for FemBloc, CE Mark approval for FemHSG Catheter, initial commercial use and launch of FemaSeed Complete, a commercialization partnership in Israel, and appointment of a new COO.
Positive
- $30 million private placement completed, with up to $90 million potential warrant proceeds
- Six‑month net loss reduced to $3.6 million from $10.5 million year over year
- R&D expenses for six months down 25.7% to $3.3 million
- Company regained Nasdaq listing compliance during the reporting period
- CE Mark obtained for FemHSG Catheter, expanding European regulatory footprint
- Initial commercial use and launch of FemaSeed Complete with OB/GYNs
- Strategic partnership with AMI Technologies to commercialize fertility portfolio in Israel
Negative
- Q2 sales declined 18.9% year over year to $331,827
- June 30, 2026 cash balance only $1.4 million before financing
- Company reported Q2 net loss of $4.5 million
- Accumulated deficit reached approximately $149.4 million as of June 30, 2026
- Total assets declined to $12.3 million from $20.7 million at year‑end 2025
- Sales and marketing expenses for six months increased to $2.6 million from $1.9 million
News Explained
The key unresolved holder issue is whether the completed financing issued shares or creates warrant dilution; the release does not disclose those terms.
The placement is completed, but the release does not disclose its securities issued or warrant terms, so the financing’s effect on existing ownership cannot be determined from this announcement.
A private placement is a sale of securities to selected investors outside a public offering; issuing additional shares would reduce existing holders’ percentage ownership absent offsetting changes.
The release gives no placement share count, issue price, or warrant exercise terms, leaving the ownership mechanics unresolved.
At
Sources and calculations
- Femasys Announces Financial Results for Quarter Ended June 30, 2026 and Provides Corporate Update (2026-08-14)
- Private placement / PIPE (undated)
- Dilution (undated)
- Femasys Q1 2026 fundamentals (2026Q1)
- Cash and equivalents vs quarterly operating cash outflow, in days of cash use $5,386,041 / ($4,143,508 / 90) = [object Object]
Market Reaction – FEMY
Following this news, FEMY has gained 1.62%, reflecting a mild positive market reaction. The stock is currently trading at $2.33. Trading volume is elevated at 2.6x the average, suggesting notable buying interest.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
Previous Earnings Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 08 | Q1 earnings report | Positive | -6.0% | Sales growth, FINALE trial initiation, partnerships, and leadership additions accompanied reported financial results. |
| Mar 31 | 2025 earnings report | Negative | -0.8% | Sales rose, but net loss reached $18,627,887 amid financing and pivotal-trial enrollment milestones. |
| Nov 14 | Q3 earnings report | Positive | -11.3% | Regulatory approvals, partnerships, and financing accompanied quarterly sales growth and a reported net loss. |
| Aug 08 | Q2 earnings report | Negative | -13.2% | Sales increased and EU approval arrived, while net loss and limited cash remained disclosed. |
| May 08 | Q1 earnings report | Negative | -7.8% | Sales growth and European regulatory progress accompanied wider net loss and higher R&D expenses. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Earnings-tagged history showed three negative reactions to predominantly positive milestone updates, while two negative reactions aligned with loss or liquidity concerns.
Key Terms
private placement financial
ce mark regulatory
convertible notes financial
accumulated deficit financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
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ATLANTA, Aug. 14, 2026 (GLOBE NEWSWIRE) -- Femasys Inc. (NASDAQ: FEMY), a leading biomedical innovator developing transformative fertility and non-surgical permanent birth control solutions designed to improve the standard of care, expand access, and reduce costs for women worldwide, announces its financial results for the quarter ended June 30, 2026 and provides a corporate update.
Corporate Highlights from 2Q 2026 to date
- Completed
$30 million private placement with potential proceeds of up to$90 million upon full cash exercise of warrants. - Regained compliance with Nasdaq Listing Requirements.
- Issuance of patents in the U.S. and key international markets that expand intellectual property protection for the blended polymer component of FemBloc.
- Received CE Mark approval for FemHSG™ Catheter, to complement FemVue and support streamlined in-office fertility evaluation.
- Advanced initial commercial use of FemaSeed Complete, expanding access to first-line fertility treatment in the OB/GYN office.
- Launched FemaSeed Complete at ACOG 2026, increasing provider awareness and initiating commercial efforts with OB/GYNs.
- Established strategic partnership with AMI Technologies to commercialize its fertility portfolio in Israel, demonstrating international market interest.
- Appointed John Canning as Chief Operating Officer, enhancing leadership to drive operational execution and support commercial growth.
“During the second quarter of 2026 and into the third quarter of 2026, we made meaningful progress strengthening our financial position, advancing our commercial strategy and expanding the reach of our innovative fertility solutions,” said Kathy Lee-Sepsick, Founder and Chief Executive Officer of Femasys. “The completion of our
Financial Results for Six Months Ended June 30, 2026
- Sales increased by
$6,184 , or0.8% , to$756,716 in 2026 from$750,532 in 2025, primarily due to sales of FemaSeed. - Research and development expenses decreased by
$1,126,622 , or25.7% , to$3,256,279 in 2026 compared to$4,382,901 in 2025, primarily reflecting lower compensation costs, regulatory and professional service fees. - Net loss was
$3,622,995 , or ($1.08) per basic and diluted share attributable to common stockholders, for the six months ended June 30, 2026, compared to a net loss of$10,482,761 , or ($7.76) per basic and diluted share attributable to common stockholders, for the six months ended June 30, 2025. - Cash and cash equivalents as of June 30, 2026, was approximately
$1.4 million and the Company had an accumulated deficit of approximately$149.4 million . Subsequent to June 30, 2026, the Company completed a private placement transaction that generated approximately$30.0 million of gross proceeds. Management believes the additional capital provides the financial resources necessary to support the Company's strategic priorities, including the execution of its commercial initiatives, advancement of its clinical programs, and pursuit of key operational objectives.
Financial Results for Quarter Ended June 30, 2026
- Sales decreased by
$77,441 , or18.9% , to$331,827 in 2026 from$409,268 in 2025, primarily attributable to lower sales of FemVue. - Research and development expenses increased by
$532,449 , or37.6% , to$1,946,878 in 2026 compared to$1,414,429 in 2025, primarily reflecting the transition of development products into inventory to support commercialization during 2025, and increased clinical costs, partially offset by reduced compensation costs. - Net loss was
$4,469,095 , or ($1.33) per basic and diluted share attributable to common stockholders, for the quarter ended June 30, 2026, compared to a net loss of$4,585,922 , or ($3.18) per basic and diluted share attributable to common stockholders, for the quarter ended June 30, 2025.
For more information, please refer to the Company’s Form 10-Q filed August 14, 2026, which can be accessed on the SEC website.
| FEMASYS INC. | |||||||||||||
| Condensed Balance Sheets | |||||||||||||
| (unaudited) | |||||||||||||
| Assets | June 30, 2026 | December 31, 2025 | |||||||||||
| Current assets: | |||||||||||||
| Cash and cash equivalents | $ | 1,443,502 | 9,266,353 | ||||||||||
| Accounts receivable, net | 151,049 | 616,600 | |||||||||||
| Inventory | 6,191,277 | 5,740,249 | |||||||||||
| Prepaid and other current assets | 546,085 | 833,133 | |||||||||||
| Total current assets | 8,331,913 | 16,456,335 | |||||||||||
| Property and equipment, at cost: | |||||||||||||
| Leasehold improvements | 1,238,886 | 1,238,886 | |||||||||||
| Office equipment | 87,515 | 78,155 | |||||||||||
| Furniture and fixtures | 424,586 | 417,876 | |||||||||||
| Machinery and equipment | 3,121,131 | 3,065,713 | |||||||||||
| Construction in progress | 919,412 | 897,885 | |||||||||||
| 5,791,530 | 5,698,515 | ||||||||||||
| Less accumulated depreciation | (3,932,324 | ) | (3,802,940 | ) | |||||||||
| Net property and equipment | 1,859,206 | 1,895,575 | |||||||||||
| Long-term assets: | |||||||||||||
| Lease right-of-use assets, net | 1,064,346 | 1,297,121 | |||||||||||
| Intangible assets, net of accumulated amortization | 115,499 | 134,914 | |||||||||||
| Other long-term assets | 918,618 | 940,232 | |||||||||||
| Total long-term assets | 2,098,463 | 2,372,267 | |||||||||||
| Total assets | $ | 12,289,582 | 20,724,177 | ||||||||||
| (continued) | |||||||||||||
| FEMASYS INC. | |||||||||||||
| Condensed Balance Sheets | |||||||||||||
| (unaudited) | |||||||||||||
| Liabilities and Stockholders’ Equity | June 30, 2026 | December 31, 2025 | |||||||||||
| Current liabilities: | |||||||||||||
| Accounts payable | $ | 2,337,354 | 1,830,124 | ||||||||||
| Accrued expenses | 1,033,712 | 1,265,773 | |||||||||||
| Clinical holdback – current portion | 42,726 | 52,644 | |||||||||||
| Operating lease liabilities – current portion | 473,034 | 487,624 | |||||||||||
| Total current liabilities | 3,886,826 | 3,636,165 | |||||||||||
| Long-term liabilities: | |||||||||||||
| Clinical holdback – long-term portion | 54,598 | 52,370 | |||||||||||
| Convertible notes payable, net | 3,521,226 | 3,178,864 | |||||||||||
| Conversion option liability | — | 2,014,000 | |||||||||||
| Warrants liabilities | — | 4,943,000 | |||||||||||
| Operating lease liabilities – long-term portion | 795,985 | 1,030,476 | |||||||||||
| Total long-term liabilities | 4,371,809 | 11,218,710 | |||||||||||
| Total liabilities | 8,258,635 | 14,854,875 | |||||||||||
| Commitments and contingencies | |||||||||||||
| Stockholders’ equity: | |||||||||||||
| Common stock, | |||||||||||||
| 3,029,829 shares issued and 3,023,967 outstanding as of | |||||||||||||
| June 30, 2026; and 2,986,116 shares issued | |||||||||||||
| and 2,980,254 outstanding as of December 31, 2025 | 3,030 | 2,986 | |||||||||||
| Treasury stock, 5,862 common shares | (60,000 | ) | (60,000 | ) | |||||||||
| Warrants | 5,961,150 | 5,246,150 | |||||||||||
| Additional paid-in capital | 147,575,906 | 146,506,310 | |||||||||||
| Accumulated deficit | (149,449,139 | ) | (145,826,144 | ) | |||||||||
| Total stockholders’ equity | 4,030,947 | 5,869,302 | |||||||||||
| Total liabilities and stockholders' equity | $ | 12,289,582 | 20,724,177 | ||||||||||
| FEMASYS INC. | ||||||||||||||||||
| Condensed Statements of Operations and Comprehensive Loss | ||||||||||||||||||
| (unaudited) | ||||||||||||||||||
| Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||||
| Sales | $ | 331,827 | 409,268 | 756,716 | 750,532 | |||||||||||||
| Cost of sales (excluding depreciation expense) | 142,436 | 158,171 | 301,042 | 275,437 | ||||||||||||||
| Operating expenses: | ||||||||||||||||||
| Research and development | 1,946,878 | 1,414,429 | 3,256,279 | 4,382,901 | ||||||||||||||
| Sales and marketing | 1,293,998 | 984,977 | 2,609,753 | 1,893,544 | ||||||||||||||
| General and administrative | 1,931,578 | 1,616,972 | 3,713,968 | 3,339,685 | ||||||||||||||
| Depreciation and amortization | 82,811 | 86,285 | 165,081 | 171,138 | ||||||||||||||
| Total operating expenses | 5,255,265 | 4,102,663 | 9,745,081 | 9,787,268 | ||||||||||||||
| Loss from operations | (5,065,874 | ) | (3,851,566 | ) | (9,289,407 | ) | (9,312,173 | ) | ||||||||||
| Other income (expense): | ||||||||||||||||||
| Interest income | 19,694 | 17,144 | 69,521 | 36,173 | ||||||||||||||
| Change in fair value of conversion option liability | 219,000 | — | 1,732,413 | — | ||||||||||||||
| Change in fair value of warrants liabilities | 545,000 | — | 4,228,000 | — | ||||||||||||||
| Interest expense | (186,050 | ) | (491,500 | ) | (362,657 | ) | (950,949 | ) | ||||||||||
| Other expense | — | (260,000 | ) | — | (260,000 | ) | ||||||||||||
| Total other income (expense), net | 597,644 | (734,356 | ) | 5,667,277 | (1,174,776 | ) | ||||||||||||
| Loss before income taxes | (4,468,230 | ) | (4,585,922 | ) | (3,622,130 | ) | (10,486,949 | ) | ||||||||||
| Income tax expense (benefit) | 865 | — | 865 | (4,188 | ) | |||||||||||||
| Net loss | $ | (4,469,095 | ) | (4,585,922 | ) | (3,622,995 | ) | (10,482,761 | ) | |||||||||
| Net loss attributable to common stockholders | $ | (4,469,095 | ) | (4,585,922 | ) | (3,622,995 | ) | (10,482,761 | ) | |||||||||
| Basic and diluted loss per share | $ | (1.33 | ) | (3.18 | ) | (1.08 | ) | (7.76 | ) | |||||||||
| Weighted-average common shares outstanding, basic and diluted | 3,357,117 | 1,444,036 | 3,344,767 | 1,351,264 | ||||||||||||||
About Femasys Inc.
Femasys is a leading biomedical innovator developing transformative fertility and non-surgical permanent birth control solutions designed to improve the standard of care, expand access, and reduce costs for women worldwide. The Company is focused on commercializing its fertility portfolio, led by FemaSeed® Intratubal Insemination, together with complementary diagnostic and sperm preparation products, in the U.S. and key international markets. Femasys is also advancing FemBloc®, its non-surgical, in-office permanent birth control solution, toward U.S. FDA approval through the ongoing FINALE pivotal trial (NCT05977751). FemBloc received regulatory approvals in Europe, the UK and New Zealand in 2025, supporting commercialization through strategic partnerships in select international markets. Femasys’ portfolio is supported by broad intellectual property protection and clinical data demonstrating favorable safety, encouraging effectiveness results, and high patient and practitioner satisfaction.
Learn more at www.femasys.com, or follow us on X, Facebook and LinkedIn.
Forward-Looking Statements
This press release contains forward-looking statements that are subject to substantial risks and uncertainties. Forward-looking statements can be identified by terms such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “pending,” “intend,” “believe,” “suggests,” “potential,” “hope,” or “continue” or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on our current expectations and are subject to inherent uncertainties, risks and assumptions, many of which are beyond our control, difficult to predict and could cause actual results to differ materially from what we expect. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Factors that could cause actual results to differ include, among others: our ability to obtain regulatory approvals for our FemBloc product candidate; develop and advance our current FemBloc product candidate and successfully enroll and complete the clinical trial; the ability of our clinical trial to demonstrate safety and effectiveness of our product candidate and other positive results; estimates regarding the total addressable market for our products and product candidate; our ability to commercialize our products and product candidate, our ability to establish, maintain, grow or increase sales and revenues, or the effect of delays in commercializing our products, including FemaSeed; our business model and strategic plans for our products, technologies and business, including our implementation thereof; and those other risks and uncertainties described in the section titled "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2025, and other reports as filed with the SEC. Forward-looking statements contained in this press release are made as of this date, and Femasys undertakes no duty to update such information except as required under applicable law.
Contacts:
IR@femasys.com
Media@femasys.com
