PainReform Ltd. Files 2024 Annual Report
Ticker: PRFX · Form: 20-F · Filed: Apr 7, 2025 · CIK: 1801834
| Field | Detail |
|---|---|
| Company | Painreform Ltd. (PRFX) |
| Form Type | 20-F |
| Filed Date | Apr 7, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-report, financials, reverse-split
TL;DR
PainReform Ltd. dropped its 2024 20-F, showing financials adjusted for a 1-for-24 reverse stock split.
AI Summary
PainReform Ltd. filed its 20-F annual report for the fiscal year ending December 31, 2024. The filing details financial information and business operations, including adjustments for a 1-for-24 reverse share split. Key financial items such as income tax expenses, financial income, and share-based compensation are noted as included in net loss.
Why It Matters
This filing provides investors with a comprehensive overview of PainReform Ltd.'s financial performance and operational status for the past fiscal year, crucial for investment decisions.
Risk Assessment
Risk Level: medium — As a pharmaceutical company filing a 20-F, it involves inherent risks related to drug development, regulatory approvals, and market competition, alongside financial reporting complexities.
Key Numbers
- 1-for-24 — Reverse Share Split (Retroactively adjusted share amounts in financial statements.)
Key Players & Entities
- PAINREFORM LTD. (company) — Filer of the 20-F report
- 2024 (date) — Fiscal year end for the report
- 1231 (date) — Fiscal year end date
- 20250407 (date) — Filing date
- 1-for-24 reverse share split (event) — Adjustment made to share amounts in financial statements
FAQ
What is the primary business of PainReform Ltd.?
PainReform Ltd. is in the Pharmaceutical Preparations industry (SIC code 2834).
When did PainReform Ltd. file its 20-F report?
The 20-F report was filed on April 7, 2025.
What fiscal year does this 20-F report cover?
The report covers the fiscal year ending December 31, 2024.
What significant adjustment was made to the share amounts in the financial statements?
All share amounts have been retroactively adjusted to reflect a 1-for-24 reverse share split.
What are some of the 'Other Segment items' included in the net loss?
Other Segment items include income tax expenses, financial income, share-based compensation expenses, rent and office maintenance expenses, subcontractors and consultants' expenses, D&O insurance expenses, and other expenses.
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on April 7, 2025 regarding PAINREFORM LTD. (PRFX).