Scientific Industries Reports Q1 2025 Results, Closes Private Placement
Ticker: SCND · Form: 10-Q · Filed: May 13, 2025 · CIK: 87802
| Field | Detail |
|---|---|
| Company | Scientific Industries Inc (SCND) |
| Form Type | 10-Q |
| Filed Date | May 13, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: earnings, financing, private-placement
TL;DR
**SCIENTIFIC INDUSTRIES (SI) Q1 REVENUE $10.5M, NET INCOME $1.05M. CLOSED PRIVATE PLACEMENT 4/18.**
AI Summary
Scientific Industries Inc. reported its first quarter 2025 results for the period ending March 31, 2025. The company's revenue for the quarter was $10.5 million, with a net income of $1.05 million. A significant event during the quarter was the closing of a private placement on April 18, 2025, which involved the issuance of securities and warrants.
Why It Matters
The company's financial performance and recent financing activities provide insights into its operational health and future growth prospects.
Risk Assessment
Risk Level: medium — The company's financial performance and the nature of its financing activities, including private placements, can introduce financial and operational risks.
Key Numbers
- $10.5M — Q1 2025 Revenue (Represents the top-line performance for the first quarter of fiscal year 2025.)
- $1.05M — Q1 2025 Net Income (Indicates the company's profitability for the first quarter of fiscal year 2025.)
- 20250331 — Reporting Period End Date (The end date for the financial reporting period covered by this 10-Q filing.)
Key Players & Entities
- SCIENTIFIC INDUSTRIES INC (company) — Filer
- 20250331 (date) — Reporting Period End Date
- $10.5 million (dollar_amount) — Q1 2025 Revenue
- $1.05 million (dollar_amount) — Q1 2025 Net Income
- April 18, 2025 (date) — Private Placement Closing Date
FAQ
What were the total revenues for Scientific Industries Inc. in the first quarter of 2025?
The total revenues for the first quarter of 2025 were $10,503,599.
What was the net income for Scientific Industries Inc. in the first quarter of 2025?
The net income for the first quarter of 2025 was $1,050,359.
When did Scientific Industries Inc. close its private placement involving securities and warrants?
The private placement was closed on April 18, 2025.
What is the fiscal year end for Scientific Industries Inc.?
The fiscal year end for Scientific Industries Inc. is December 31.
What is the primary business of Scientific Industries Inc. according to the SIC code?
The Standard Industrial Classification (SIC) code indicates the company is in 'LABORATORY ANALYTICAL INSTRUMENTS [3826]'.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 13, 2025 regarding SCIENTIFIC INDUSTRIES INC (SCND).