share_log

6-K: Report of foreign private issuer (related to financial reporting)

6-K: Report of foreign private issuer (related to financial reporting)

6-K:外国发行人报告(业绩相关)
美股SEC公告 ·  2024/12/31 21:51

Moomoo AI 已提取核心信息

HUB Cyber Security reported H1 2024 revenue of $15.7M, down 37% from $25.0M in H1 2023, primarily due to terminated multi-year contracts in Professional Services segment. Gross profit improved to $1.5M from -$2.0M last year, while operating loss decreased to $15.0M from $59.6M.The company faces significant liquidity challenges with cash balance of $1.2M as of June 30, 2024. Multiple debt obligations are currently in default, including loans from Mizrahi Bank, Lind Global, and other creditors. HUB is pursuing various financing options and debt restructuring, having recently secured new convertible notes and warrants worth $10M in March-June 2024.HUB received Nasdaq delisting notices for failing to meet minimum bid price and financial requirements. A hearing is scheduled for February 2025 to appeal the delisting decision. The company is also dealing with several legal proceedings, including class action lawsuits and creditor claims, while undergoing investigation by Israeli authorities regarding potential securities violations.
HUB Cyber Security reported H1 2024 revenue of $15.7M, down 37% from $25.0M in H1 2023, primarily due to terminated multi-year contracts in Professional Services segment. Gross profit improved to $1.5M from -$2.0M last year, while operating loss decreased to $15.0M from $59.6M.The company faces significant liquidity challenges with cash balance of $1.2M as of June 30, 2024. Multiple debt obligations are currently in default, including loans from Mizrahi Bank, Lind Global, and other creditors. HUB is pursuing various financing options and debt restructuring, having recently secured new convertible notes and warrants worth $10M in March-June 2024.HUB received Nasdaq delisting notices for failing to meet minimum bid price and financial requirements. A hearing is scheduled for February 2025 to appeal the delisting decision. The company is also dealing with several legal proceedings, including class action lawsuits and creditor claims, while undergoing investigation by Israeli authorities regarding potential securities violations.
HUb 网络安全报告2024年上半年营业收入为1570万,较2023年上半年2500万下降37%,主要是由于专业服务部门的多年度合同被终止。毛利润从去年的-200万改善至150万,而经营亏损则从5960万降至1500万。截至2024年6月30日,公司面临重大流动性挑战,现金余额为120万。多个债务义务目前处于违约状态,包括来自Mizrahi银行、Lind Global和其他债权人的贷款。HUb正在寻求各种融资期权和债务重组,最近在2024年3月至6月期间获得了价值1000万的新可转换票据和Warrants。HUb因未能满足最低买盘价格和财务要求而收到纳斯达克退市通知。听证会定于2025年2月举行,以对退市决定提出上诉。公司还面临几项法律诉讼,包括集体诉讼和债权人索赔,同时正接受以色列当局的调查,涉及潜在的安防-半导体违规行为。
HUb 网络安全报告2024年上半年营业收入为1570万,较2023年上半年2500万下降37%,主要是由于专业服务部门的多年度合同被终止。毛利润从去年的-200万改善至150万,而经营亏损则从5960万降至1500万。截至2024年6月30日,公司面临重大流动性挑战,现金余额为120万。多个债务义务目前处于违约状态,包括来自Mizrahi银行、Lind Global和其他债权人的贷款。HUb正在寻求各种融资期权和债务重组,最近在2024年3月至6月期间获得了价值1000万的新可转换票据和Warrants。HUb因未能满足最低买盘价格和财务要求而收到纳斯达克退市通知。听证会定于2025年2月举行,以对退市决定提出上诉。公司还面临几项法律诉讼,包括集体诉讼和债权人索赔,同时正接受以色列当局的调查,涉及潜在的安防-半导体违规行为。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息