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Nocopi Technologies, Inc. develops and markets specialty reactive inks and licenses related technologies for use across multiple end markets. Its products include mess-free ink applications for entertainment, toy and educational products, as well as document and product authentication technologies designed to address fraudulent reproduction, counterfeiting and unauthorized diversion.
News about NNUP commonly covers quarterly and annual financial results, license and royalty revenue, product sales to licensees and authorized printers, raw-material cost effects, private capital actions, board and executive leadership changes, and management commentary on growth opportunities tied to complementary technologies or businesses.
Nocopi Technologies (OTCQB: NNUP) reported fiscal 2026 Q2 revenues of $0.96 million, up 167% from $0.36 million a year earlier, driven by higher product sales and contributions from its newly acquired Polymeric Group business, which closed on May 18, 2026.
Q2 gross profit rose to $0.36 million, though gross margin declined to 37% from 53% due to a shift toward product sales. Operating expenses increased to $0.93 million, largely from one-time legal and consulting costs tied to the Polymeric acquisition, leading to a widened net loss of $0.47 million versus $0.06 million in Q2 2025.
As of June 30, 2026, Nocopi reported $10.69 million in cash and equivalents, no debt, working capital of $12.7 million, and stockholders’ equity of $14.4 million. The company added senior leaders in operations and growth to support its acquisition-driven specialty inks and materials strategy.
Nocopi Technologies (OTCQB: NNUP) appointed Beth Vasy as Vice President of Growth following the May acquisition of Polymeric Group. In this new executive role, she will lead post-acquisition integration and commercialization initiatives aimed at scaling operations and supporting organic growth.
According to Nocopi Technologies, Polymeric Group has shown steady operational performance with strong customer demand for its specialty inks and coatings. For the quarter ended June 30, 2026, unaudited preliminary net revenue for Polymeric Group increased in the mid-single digits year over year, while standalone unaudited net revenue for the 12 months ended June 30, 2026 exceeded $5.3 million. The company reports that integration remains on track under Executive Director of Operations Gregory S. Babe, with facilities in King of Prussia and Kansas City moving toward higher capacity utilization.
Nocopi Technologies (OTCQB: NNUP) agreed to acquire substantially all assets of Polymeric US for $2.65 million, paid in cash, stock and holdback. Polymeric generated over $5 million revenue in the twelve months ended March 31, 2026, more than tripling Nocopi’s revenue base.
The deal is expected to be earnings accretive within a year, adds Midwest production capacity, diversified customers and complementary technologies. Nocopi also appointed Gregory S. Babe as Executive Director of Operations and raised equity via a $1.50 per share private placement.
Nocopi Technologies (OTCQB: NNUP) announced year-end 2025 developments including a private placement, a new board appointment, product progress, and an expected SEC filing schedule. The company entered stock purchase agreements on December 31, 2025 to sell 266,666 shares at $1.50 per share to accredited investors, including affiliates of Horizon Kinetics. On December 15, 2025 the company appointed Eric Sites of Horizon Kinetics to its board. R&D advanced a patent-pending product, ColorBloom Molding Wax 2.0, with retail rollout expected in 2026. The company anticipates filing fiscal 2025 results and the annual report with the SEC in late March 2026.
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Nocopi Technologies, Inc. (OTC Pink: NNUP) announced its fourth quarter and full year results for 2022, showcasing significant growth.
Q4 revenue surged to $3,087,600, compared to $514,100 in Q4 2021, driven by increased licensee revenue from a major renewal. Full-year net sales reached $4,627,200 with a net income of $1,813,100, up from $49,400 in 2021. Gross profit margin improved to 94.6%. Operating expenses increased by 24% to $563,200, primarily due to sales and marketing costs. The company ended the year with $5.34 million in cash and no debt, refreshing its board and pursuing growth through mergers and acquisitions. Chairman Michael Feinstein noted challenges from supply chain issues but emphasized ongoing business expansion.