Filing Analysis
Precipio, Inc. filed an 8-K to announce its financial results for the second quarter ended June 30, 2026. The filing serves as a formal notice that earnings data has been released via press release.
📋 Key Facts
- Reporting period: Second Quarter ending June 30, 2026.
- Filing date: August 14, 2026.
- The company issued a press release (Exhibit 99.1) containing the financial results.
Precipio, Inc. announced a Q2-2026 Shareholder Update Call scheduled for August 17, 2026. The call will feature updates on core businesses and include a live moderated Q&A session.
📋 Key Facts
- Shareholder Update Call scheduled for August 17, 2026, at 5:00 PM ET.
- The update will cover all current core business segments.
- The event will include a dedicated moderated live Q&A session.
Precipio, Inc. reported the results of its Annual Meeting of stockholders held on June 15, 2026. Stockholders approved the election of Class II directors and ratified the appointment of CBIZ CPAs, P.C. as the independent registered public accounting firm for 2026.
📋 Key Facts
- Annual Meeting held on June 15, 2026.
- Proposal One approved: Richard Sandberg, Christina Valauri, and Jeffrey Cossman, M.D. elected as Class II directors for terms expiring in 2029.
- Proposal Two approved: Ratification of CBIZ CPAs, P.C. as the independent registered public accounting firm for the year ending December 31, 2026.
- Total shares entitled to vote: 1,784,830.
- Shares present or represented by proxy: 1,063,293 (59.57% of outstanding shares).
Precipio, Inc. announced it will host a Q1-2026 Shareholder Update Call on May 18, 2026, to discuss its core businesses. The company highlighted that this call will feature its first-ever moderated live Q&A session for a quarterly update.
📋 Key Facts
- Shareholder Update Call scheduled for May 18, 2026, at 5:00 PM ET.
- The call will cover updates on all current core businesses.
- First time the company is incorporating a dedicated moderated live Q&A session into a quarterly update.
- The information is furnished under Item 7.01 and is not deemed 'filed' for Section 18 purposes.
Precipio, Inc. announced its preliminary unaudited financial results for the fourth quarter and full fiscal year 2025. The results were released on February 25, 2026, and furnished to the SEC via this 8-K filing.
📋 Key Facts
- Announced preliminary unaudited financials for Q4-2025 and FY 2025 on February 25, 2026.
- The information was furnished under Item 2.02 (Results of Operations and Financial Condition).
- The filing includes a press release as Exhibit 99.1.
Precipio, Inc. announced executive compensation adjustments and the approval of performance-based stock options for its named executive officers and senior management.
🚩 Red Flags
- Equity awards are tied to a significant price target ($40 VWAP), which may indicate management's view of current undervaluation or a high hurdle for incentive alignment.
📋 Key Facts
- Compensation Committee reviewed executive compensation on December 22, 2025.
- Salary adjustments effective January 1, 2026: Ilan Danieli ($350,000), Zaki Sabet ($300,000), and Ayman Mohamed ($300,000).
- Approved bonus structures for 2026 ranging from $150,000 to $200,000 for named executives.
- Grant of 70,000 aggregate performance-based stock options under the Amended and Restated 2017 Stock Option and Incentive Plan.
- Performance condition for equity vesting: 10-day volume-weighted average price (VWAP) exceeding $40 per share.
- The stock options have no time-based vesting component; they vest solely upon meeting the price target.
Precipio, Inc. announced a scheduled Q3-2025 Shareholder Update Call to be held on November 17, 2025. The call will provide updates regarding the company's core business operations.
📋 Key Facts
- Shareholder Update Call scheduled for November 17, 2025, at 5:00 PM ET.
- The meeting will cover updates on all current core businesses.
- Information was furnished under Item 7.01 (Regulation FD Disclosure) rather than filed.
Precipio, Inc. has terminated its 'at the market' (ATM) sales agreement with A.G.P./Alliance Global Partners, effective September 2, 2025. This terminates the company's ability to sell additional common stock through this specific agent.
🚩 Red Flags
- Termination of an ATM program can sometimes indicate a desire to avoid further dilution, but it also removes a primary source of immediate liquidity/cash flow for micro-cap companies.
📋 Key Facts
- Termination of Sales Agreement with A.G.P./Alliance Global Partners (ATM offering) became effective on September 2, 2025.
- The agreement was originally entered into on April 14, 2023.
- Since the inception of the agreement, the company sold 11,847 shares for net proceeds of approximately $0.1 million.
Precipio, Inc. has updated its investor presentation on the company's website to supersede the version dated June 13, 2022. The filing is provided under Item 7.01 (Regulation FD Disclosure) and does not constitute a formal 'filing' for liability purposes.
📋 Key Facts
- Updated investor presentation posted on August 18, 2025.
- The new presentation supersedes the previous version from June 13, 2022.
- Information is furnished under Item 7.01 and not 'filed' for purposes of Section 18 of the Exchange Act.
Precipio, Inc. announced a Q2-2025 Shareholder Update Call scheduled for August 14, 2025. The call is intended to provide updates on the company's core business operations.
📋 Key Facts
- Management will host a Q2-2025 Shareholder Update Call on August 14, 2025, at 5:00 PM ET.
- The call will cover updates regarding all current core businesses of the company.
Precipio, Inc. held its Annual Meeting of stockholders on June 17, 2025. Stockholders approved the election of two Class I directors and ratified the appointment of CBIZ CPAs, P.C. as the independent auditor for the fiscal year ending December 31, 2025.
📋 Key Facts
- Annual Meeting held on June 17, 2025.
- Proposal One: Election of Ilan Danieli and David S. Cohen as Class I directors (terms expiring in 2028) was approved.
- Proposal Two: Ratification of CBIZ CPAs, P.C. as independent registered public accounting firm for the year ending Dec 31, 2025 was approved.
- Total shares entitled to vote: 1,516,296; Shares present/represented: 805,111 (53.09% quorum).
- Ilan Danieli received 387,281 votes for and 406,187 total shares voted.
- David S. Cohen received 385,237 votes for and 406,187 total shares voted.
Precipio, Inc. announced its financial results for the fiscal quarter ended March 31, 2025. The filing serves as a formal notice of the earnings release issued on May 14, 2025.
📋 Key Facts
- Report date: May 14, 2025
- Reporting period: Quarter ended March 31, 2025
- The filing includes the press release as Exhibit 99.1.
Precipio, Inc. announced a scheduled Q1-2025 Shareholder Update Call to provide updates on the company's core businesses. The call is set for May 15, 2025.
📋 Key Facts
- Management will host a Q1-2025 Shareholder Update Call on May 15, 2025, at 5:00 PM ET.
- The call is intended to provide updates on all current core businesses.
- The announcement was made via Item 7.01 (Regulation FD Disclosure).
Precipio, Inc. announced the resignation of Marcum LLP as its independent registered public accounting firm following CBIZ CPAs P.C.'s acquisition of Marcum's attest business. The company has appointed CBIZ to replace Marcum.
🚩 Red Flags
- Auditor change (though triggered by a business acquisition rather than a dispute, it still requires transition oversight).
📋 Key Facts
- Marcum LLP resigned as the independent auditor on April 9, 2025.
- The resignation is a direct result of CBIZ CPAs P.C. acquiring the attest business of Marcum LLP.
- CBIZ was engaged by the Audit Committee to replace Marcum on April 9, 2025.
- Marcum stated there were no disagreements regarding accounting principles or auditing scope for fiscal years 2023 and 2024.
Precipio, Inc. announced that management will host a Q4 and year-end shareholder update call on March 31, 2025.
📋 Key Facts
- Shareholder update call scheduled for Monday, March 31, 2025, at 5:00 PM ET.
- The call will cover Q4 and year-end updates.
- Information is being furnished under Item 7.01 (Regulation FD Disclosure) rather than filed.
Precipio, Inc. announced the granting of performance-based stock options to several key officers as part of the company's annual long-term incentive program.
🚩 Red Flags
- High performance hurdle for vesting ($30.30 vs $6.06) suggests management may view current valuation as significantly undervalued or is setting an extremely aggressive growth target.
📋 Key Facts
- Grant date: January 14, 2025.
- Total options granted: 34,000 aggregate options.
- Exercise price: $6.06 per share (based on Jan 14, 2025 closing price).
- Vesting condition: Options vest only if the 10-day VWAP exceeds $30.30 per share.
- Performance threshold: The target price ($30.30) is approximately 5x the current exercise price.
- Expiration date: January 14, 2035.
- Recipients include Ilan Danieli (CEO), Ayman Mohamed, Ahmed Zaki Sabet, and Matthew Gage.
Precipio, Inc. announced a shift in compensation structure for senior management, replacing traditional time-vested stock options with performance-based awards for 2025. These new options vest only if the company's 10-day VWAP exceeds $30.30 per share.
🚩 Red Flags
- High performance hurdle: The $30.30 target represents a massive appreciation requirement (5x current price), which may be viewed as unrealistic or purely symbolic in the short term.
📋 Key Facts
- Senior management granted performance-based awards instead of time-vested employee stock options for 2025.
- Vesting condition: 10-day VWAP must exceed $30.30 per share.
- The target price ($30.30) is approximately 5x the closing price from January 14, 2025.
- Options have no time-based vesting component; they expire if performance targets are not met.
Precipio, Inc. announced it will host a Q3-2024 Shareholder Update Call on November 18, 2024, to provide updates on its core business operations.
📋 Key Facts
- Management will host a Q3-2024 Shareholder Update Call on November 18th at 5:00 PM ET.
- The call is intended to provide updates on all of the company’s current core businesses.
- The announcement was made via Item 7.01 (Regulation FD Disclosure).
Precipio, Inc. announced a one-time stock option repricing effective August 31, 2024, to retain and motivate key employees and directors. The repricing reduces the exercise price of certain options to $6.56 per share, which was the closing price on August 30, 2024.
🚩 Red Flags
- Significant dilution/value transfer: A large portion of outstanding options (approx. 58%) were repriced, effectively granting value to insiders due to the stock's decline.
- Stock price performance: The necessity of a repricing indicates that a significant number of employee options were deep out-of-the-money, reflecting poor recent share price performance.
📋 Key Facts
- Effective Date: August 31, 2024.
- Repricing Target: Options with an exercise price in excess of $6.56 per share.
- Scope: Approximately 177,000 options repriced out of ~304,000 total outstanding options.
- Retention Mechanism: If exercised or terminated voluntarily within one year, the holder must pay the original (higher) exercise price; if terminated without cause, they retain the $6.56 benefit.
- Executive Impact: CEO Ilan Danieli had 44,971 of his 65,471 options repriced from a range of $30.80 - $561.00 down to $6.56.
- Accounting: The company expects to record the accounting impact in the quarter ending September 30, 2024.
Precipio, Inc. announced a scheduled Q2-2024 Shareholder Update Call to be held on August 19, 2024. The call aims to provide updates regarding the company's core business operations.
📋 Key Facts
- Management will host a Q2-2024 Shareholder Update Call on August 19, 2024, at 5:00 PM ET.
- The call is intended to provide updates on all current core businesses.
- Information was furnished under Item 7.01 (Regulation FD Disclosure) and is not considered 'filed' for liability purposes.
Precipio, Inc. reconvened its Annual Meeting of stockholders on June 21, 2024, to conduct votes on director elections, executive compensation, and auditor ratification. All three proposals were approved by the shareholders.
🚩 Red Flags
- The meeting had to be reconvened, indicating the original June 13 meeting failed to reach a sufficient quorum or required additional votes.
📋 Key Facts
- Reconvened Annual Meeting held on June 21, 2024 (originally scheduled for June 13, 2024).
- Kathleen D. LaPorte and Ron A. Andrews were elected as Class III directors for terms expiring in 2027.
- Shareholders approved a non-binding advisory vote on named executive compensation.
- Shareholders ratified the appointment of Marcum LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024.
- Quorum was met with 778,762 shares present/represented (52.99% of total outstanding shares).
Precipio, Inc. entered into a $250,000 business loan agreement with Altbanq Lending LLC featuring a high 20% interest rate and weekly repayment obligations. The loan is secured by company collateral and includes a personal guaranty from the CEO.
🚩 Red Flags
- High-interest debt (20%) indicating potentially tight liquidity or limited access to traditional financing.
- Weekly repayment schedule creates significant short-term cash flow pressure.
- CEO provided a personal guaranty for the secured loan, increasing executive risk exposure.
- The loan is secured by company collateral.
📋 Key Facts
- Principal amount: $250,000
- Lender: Altbanq Lending LLC
- Interest Rate: 20%
- Repayment Schedule: 52 weekly payments of $5,769.24
- Total Repayment Amount (Principal + Interest): $300,000
- Origination Fees: $3,750
- Net proceeds received by Company: $250,000 - $5,000 (fees/adjustments) = $245,000
- Default Fee: $15,000.00
- The Company has an option to request up to an additional $250,000 under the same terms if financial conditions remain stable.
Precipio, Inc. announced the termination of its Factoring Agreement with Culain Capital Funding, LLC on April 30, 2024. The company noted that no early termination penalties were incurred as a result of this action.
🚩 Red Flags
- Termination of a factoring agreement can sometimes indicate shifts in liquidity management or changes in credit terms, though no penalty was paid here.
📋 Key Facts
- Termination date: April 30, 2024
- Agreement terminated: Factoring Agreement with Culain Capital Funding, LLC (originally dated March 23, 2023)
- Penalty status: No early termination penalties incurred
Precipio, Inc. announced a year-end Shareholder Update Call scheduled for April 1, 2024. The filing serves as a formal notification of the upcoming management presentation to shareholders.
📋 Key Facts
- Management will host a year-end Shareholder Update Call on Monday, April 1st, 2024 at 5:00 PM ET.
- The announcement was made via Item 7.01 (Regulation FD Disclosure).
- A press release containing further details is attached as Exhibit 99.1.
Precipio, Inc. announced a change in its Board of Directors effective January 1, 2024. Director Douglas Fisher resigned from all committee roles to become a non-voting observer, and Christina Valauri was appointed as a new independent director.
🚩 Red Flags
- None identified; resignation was explicitly stated as non-dispute related.
📋 Key Facts
- Douglas Fisher resigned from the Board, Audit Committee, and Compensation Committee on January 1, 2024.
- Dr. Fisher will transition to a non-voting board observer role.
- The company stated Dr. Fisher's resignation was not due to any disagreement regarding operations, policies, or practices.
- Christina Valauri appointed as a Class II director and member of the Nominating and Corporate Governance Committee.
- Ms. Valauri is deemed independent by the Board under Nasdaq listing standards.
- Ms. Valauri granted stock options for 103 shares (12-month vesting) and 259 shares (36-month vesting).