Precipio operating loss widens to $1.4 million in Q1 FY26; net sales rise 36% to $6.71 million

• Precipio posted a wider operating loss of USD 1.4 million in Q1 ended March 31, 2026, while net cash provided by operating activities was USD 64,000.
• Net sales rose 36% to USD 6.71 million, driven by service revenue climbing 42% to USD 6.05 million.
• Gross profit increased 26% to USD 2.73 million, while gross margin fell 2 percentage points to 41%.
• Case volume more than doubled to 4,912, while product revenue was little changed at USD 659,000.
• Management flagged substantial doubt about its ability to continue as a going concern over the next 12 months, citing dependence on executing its business plan and raising additional financing to meet debt obligations and ongoing liabilities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Precipio Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-061188), on May 14, 2026, and is solely responsible for the information contained therein.