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NightHawk Biosciences (NHWK) Stock News, Mar 2023-Jan 2024

NHWK NYSE
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NightHawk Biosciences (NYSE American: NHWK) has reported its strategic, financial, and operational updates for the year ended December 31, 2022. The company recognized $6.4 million in revenue, primarily from product sales of ANTHIM® to the Canadian government. However, it faced a net loss of $43.4 million, resulting in a loss per share of ($1.70). NightHawk is transitioning towards biodefense and biomanufacturing, investing in facilities in San Antonio and Kansas. As of December 31, 2022, it had $44.3 million in cash and equivalents, but an audit opinion raised concerns about its ability to continue as a going concern due to recurring losses.

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