Scientific Ind Stock Price, News & Analysis

Scientific Industries (OTCQB:SCND), a developer of bioprocessing products and vision-based pill counters, has scheduled its second quarter fiscal year 2025 financial results conference call for August 20, 2025, at 11:00 AM Eastern Time.

The company will file its Form 10Q and release financial results for the quarter ended June 30, 2025, on August 19, 2025. Investors can participate by dialing (844) 481-2706 (domestic) or (412) 317-0662 (international), or via webcast on the company's Investor Relations page. A replay will be available through August 27, 2025.

Scientific Industries (OTCQB: SCND) has completed a strategic transformation by selling its Genie Division to Troemner, LLC for $9.6 million in cash, plus potential earnout of up to $1.5 million. The company is pivoting from its 70-year legacy in vortexing technologies to focus on two AI-driven platforms: pharmacy automation through VIVID and biomanufacturing with DOTS™.

The VIVID platform, developed by the Torbal division, has deployed nearly 2,000 units for automated pill counting and is developing the industry's first ML pill library for Q1 2026. The Scientific Bioprocessing division's DOTS™ platform aims to digitize bioproduction with real-time data capabilities.

The company secured $1.5 million in additional financing through stock and warrant sales in April 2025. Combined with previous funding of $27 million since 2020 and the Genie division sale proceeds, Scientific Industries is positioned to accelerate growth in its digital platforms.

Scientific Industries (SCND) announced its participation in the upcoming Lytham Partners Spring 2025 Investor Conference, scheduled for May 29, 2025. The virtual event will feature a webcast presentation at 12:30 p.m. ET and one-on-one meetings with investors. The company, a life sciences tool provider, specializes in laboratory equipment manufacturing, including the Vortex-Genie® 2 Mixer and Torbal® balances, and bioprocessing systems under the DOTS brand. Through its subsidiary Scientific Bioprocessing (SBI), the company offers bioprocess sensors, actuators, and data analytics software for bioprocessing monitoring and control.

Scientific Industries (OTCQB: SCND) reported Q1 FY2025 financial results with mixed performance. The company's Benchtop Lab Equipment Operations saw a 5% revenue increase to $2.3 million, while total net revenues decreased 3.1% to $2.4 million compared to Q1 FY2024. The company's net loss improved to $1.78 million ($(0.16) per share) from $2.05 million ($(0.20) per share) year-over-year. Notable achievements include securing $1.5 million in equity financing, receiving first peer-reviewed validation of DOTS MPS Platform, and beginning shipments of VIVID WORKSTATION. International sales declined 32.5% to $577,200, while gross margin slightly improved to 42.2%. The company's cash position stood at $1.3 million as of March 31, 2025.

Scientific Industries (OTCQB: SCND), a life sciences tool provider, will release its first quarter fiscal year 2025 financial results for the period ended March 31, 2025. The company will file Form 10Q and issue a press release after market close on May 13, 2025, followed by a conference call on May 14, 2025, at 11:00 AM Eastern Time.

Investors can participate by dialing (844) 481-2706 (domestic) or (412) 317-0662 (international). A webcast will be available on the company's Investor Relations page, with replay access through May 21, 2025. Scientific Industries specializes in laboratory equipment manufacturing, including the Vortex-Genie® 2 Mixer and Torbal® balances, and bioprocessing systems under the DOTS brand.

Scientific Industries (OTCQB: SCND) has secured $1.6 million in private placement funding to advance its SBI's DOTS Platform, a real-time bioprocessing system. The offering includes 1,550,000 shares of common stock at $1.00 per share, with each share including a warrant to purchase an additional share at $1.00 within six months.

The company plans to launch its first-in-class optical pH sensor and high-performance liquid injection system in the second half of 2025. The DOTS MPS platform aims to establish a new standard in parallel bioprocessing for AI and digital biology applications, providing affordable, structured, reliable, and repeatable data for shake flask research.

Brookline Capital Markets, a division of Arcadia Securities, , served as the exclusive placement agent for the offering.

Scientific Industries (OTCQB: SCND), a life sciences tool provider and developer of digitally simplified bioprocessing products, has announced its fiscal year 2024 financial results conference call scheduled for April 1, 2025, at 11:00 AM Eastern Time. The company filed its Form 10K and issued a press release on March 31, 2025, for the fiscal year ended December 31, 2024.

Investors can participate by dialing (844) 481-2706 (domestic) or (412) 317-0662 (international). A webcast will be available on the Company's Investor Relations page, with replay access through April 8, 2025. The company's subsidiary, Scientific Bioprocessing (SBI), specializes in bioprocess sensors, actuators, and data analytics software, offering solutions including the DOTS Platform that transforms standard shake flasks into smart mini bioreactors.

Scientific Industries (SCND) reported financial results for fiscal year 2024, showing mixed performance across divisions. The company's Bioprocessing Systems Operations achieved 24% revenue growth to $1.7M, driven by the newly launched DOTS MPS system. However, overall net revenues decreased 3.6% to $10.7M, with Benchtop Laboratory Equipment sales declining 7% to $9.0M.

The company significantly reduced operating expenses by 21% to $11.4M and cut total net losses by 29% to $6.4M ($0.61 per share). Gross profit was $4.7M with a 44.2% margin. The company maintained a strong financial position with $2.6M in cash and equivalents and $6.5M in working capital.

Key developments include the expansion of DOTS MPS into mammalian cell culture markets, launch of the VIVID WORKSTATION automated pill counter, and planned AI model integration. The company is currently conducting trials with six major pharma companies and plans to launch new products in 2025, including an optical pH sensor and liquid injection system.

Scientific Industries (SCND) reported Q3 2024 financial results with net revenues of $2.8M, up 7.1% YoY. The company's Bioprocessing Systems Operations showed three consecutive quarters of growth, with Q3 revenues up 6.6% to $452.5K. Gross margins improved 350 basis points to 49.2%. Operating expenses decreased by 23% to $2.6M, while net loss reduced by 46% to $1.18M. The company's DOTS MPS system was validated for mammalian cell culture use, and a new VIVID WORKSTATION targeting pharmacy chains is set to launch. Working capital stood at $8.0M as of September 30, 2024.