Core Insights - Recent market movements have highlighted significant price changes in several companies, attracting investor attention Company Summaries - **Palisade Bio, Inc. (PALI)**: Experienced an 83.77% price surge to $1.57, supported by a trading volume of 143,677,281. The company raised $120 million through an upsized underwritten public offering, selling 171 million shares at $0.70 each, to advance its novel therapeutics for autoimmune, inflammatory, and fibrotic diseases [1][6] - **Ouster, Inc. (OUSTZ)**: Saw a 76.55% price increase to $0.09, with a volume of 150,580. This reflects growing confidence in Ouster's high-resolution lidar technology, which serves various industries including automotive and robotics [2][6] - **Ryvyl Inc. (RVYL)**: Formerly known as GreenBox POS, experienced a 72.64% price jump to $0.511, supported by a substantial volume of 231,813,941. The company focuses on blockchain-based payment solutions, showcasing resilience and innovation in the technology sector [3] - **Klotho Neurosciences, Inc. (KLTOW)**: Saw a 50.11% price increase to $0.14, with a volume of 134,508. The company is advancing gene therapy product candidates, and its ALS therapy received Orphan Drug Designation from the U.S. FDA, contributing to a rise in shares [4] Industry Overview - The top gainers reflect diverse industries, including biotechnology, healthcare, technology, and financial services, underscoring the dynamic nature of the market and varied investment opportunities [5]

Shares of Ryvyl Inc (NASDAQ:RVYL) rose sharply in pre-market trading after the company announced a $75 million merger agreement with RTB Digital.Ryvyl said it signed a definitive agreement to merge with privately-held Web3 digital media SaaS technology company RTB Digital, also known as Roundtable.Ryvyl shares jumped 97.1% to $0.58 in the pre-market trading session.Here are some other stocks moving in pre-market trading.GainersGalaxy Payroll Group Ltd (NASDAQ:GLXG) surged 43.2% to $5.50 in pre-market tradin ...

With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:Wall Street expects Conagra Brands Inc. (NYSE:CAG) to report quarterly earnings at 33 cents per share on revenue of $2.62 billion before the opening bell, according to data from Benzinga Pro. Conagra shares gained 0.2% to $18.35 in after-hours trading.Nike Inc. (NYSE:NKE) reported better-than-expected first-quarter financial results. Nike reported quarterly earnings of 49 cen ...

RYVYL Inc. Eyal Hertzog RYVYL Inc. James Heckman Roundtable to launch decentralized media liquidity pool, integrated with their Web3, Enterprise SaaS platform, powered by Bitcoin Treasury SAN DIEGO, CA, Sept. 30, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company") today announced it has signed a definitive agreement to merge with privately-held RTB Digital, Inc. (“Roundtable”), a Web3 digital media SaaS technology company, providing white-label, full stack distribution, co ...

COSTA MESA, Calif., Sept. 22, 2025 /PRNewswire/ -- The following statement is being issued by Simpluris, Inc., court-appointed settlement administrator, regarding the Ryvyl Securities Litigation. UNITED STATES DISTRICT COURTSOUTHERN DISTRICT OF CALIFORNIA MARK CULLEN and SCOT S. COOK, Individually and on behalf of all others similarly situated, Accessibility StatementSkip Navigation                                                                ...

- Genevieve Baer and Ezra Laniado resign from the Board of Directors - SAN DIEGO, CA, Sept. 05, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company") has appointed current CFO George Oliva and Gene Jones to its Board of Directors. Independent directors Genevieve Baer and Ezra Laniado have resigned from the Board of Directors, effective August 31, 2025. George Oliva has served as RYVYL’s CFO since October 2023. He has over 30 years of experience as a senior finance professional, with ...

Core Insights - RYVYL Inc. announced the retirement of Chairman and Co-founder Ben Errez from the Board of Directors, effective August 31, 2025, coinciding with his management retirement [1][2][3] - The company is transitioning to focus on crypto treasury management, planning to accumulate crypto as a reserve asset to enhance financial resilience and strategic flexibility [3] Company Overview - RYVYL Inc. was founded in 2017 as GreenBox POS and specializes in electronic payment technology for international markets, offering innovative payment transaction solutions [4] - The company provides an end-to-end suite of financial products that emphasize security, data privacy, and rapid transaction settlement, capable of logging large volumes of immutable transactional records [4]

Core Viewpoint - RYVYL Inc. is repositioning its business to focus on crypto treasury management, with a core strategy aimed at building a crypto treasury to support long-term growth [1][2]. Company Leadership Changes - Ben Errez, Chairman and Co-founder of RYVYL, will retire effective August 31, 2025, but will continue to advise the company independently through the end of the year [1][2]. Strategic Business Shift - The company announced a digital asset acquisition strategy on June 16, 2025, planning to accumulate crypto as a reserve asset, viewing it as a long-term store of value and a means to enhance financial resilience [2][3]. - The decision to shift the business reflects a long-term approach to integrating digital assets into the treasury, aiming to enhance balance sheet strength and position the company for future financial innovation [3]. Company Background - RYVYL Inc. was founded in 2017 as GreenBox POS and focuses on empowering various payment transactions globally through electronic payment technology [3]. - The company has developed applications that provide an end-to-end suite of financial products with enhanced security, data privacy, and rapid settlement speed [3].

[PART I Consolidated Financial Information](index=4&type=section&id=PART%20I%20Consolidated%20Financial%20Information) [Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements) The unaudited condensed consolidated financial statements for Q2 2025 show decreased assets, net losses, and a stockholders' deficit, raising going concern doubts Condensed Consolidated Balance Sheet Highlights (in thousands) | Account | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | **Total Assets** | **$20,602** | **$122,276** | | Cash & Restricted Cash | $14,980 | $92,031 | | Goodwill | $0 | $18,856 | | **Total Liabilities** | **$27,539** | **$123,768** | | Long term debt, net | $613 | $17,363 | | **Total Stockholders' Deficit** | **($6,937)** | **($1,492)** | Condensed Consolidated Statements of Operations Highlights (in thousands, except per share data) | Metric | Q2 2025 | Q2 2024 | Six Months 2025 | Six Months 2024 | | :--- | :--- | :--- | :--- | :--- | | Revenue | $2,783 | $2,972 | $5,552 | $12,646 | | Gross Profit | $1,219 | $1,126 | $2,588 | $5,279 | | Loss from Operations | ($3,286) | ($13,343) | ($7,687) | ($16,792) | | Net Loss | ($8,408) | ($12,111) | ($11,164) | ($14,801) | | Net Loss Per Share | ($0.80) | ($1.88) | ($1.19) | ($2.39) | Condensed Consolidated Statement of Cash Flows Highlights (in thousands) | Cash Flow Activity (Six Months Ended June 30) | 2025 | 2024 | | :--- | :--- | :--- | | Net cash (used in) provided by operating activities | ($3,146) | $2,695 | | Net cash used in investing activities | ($76,263) | ($645) | | Net cash provided by (used in) financing activities | $1,994 | ($199) | | **Net (decrease) increase in cash and restricted cash** | **($77,050)** | **$1,842** | [Notes to Unaudited Condensed Consolidated Financial Statements](index=10&type=section&id=Notes%20to%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements) This section details the company's business transition, going concern issues, the Ryvyl EU sale, senior convertible note settlement, and a recent public offering - The company, a financial technology firm, transitioned its QuickCard to a licensing model and now operates solely in North America after selling its European subsidiary, Ryvyl EU, effective June 1, 2025[19](index=19&type=chunk)[21](index=21&type=chunk) - Substantial doubt exists about the Company's ability to continue as a going concern due to declining revenues from QuickCard discontinuation and the sale of its profitable European subsidiary, with management planning capital raises and cost controls[26](index=26&type=chunk)[27](index=27&type=chunk)[28](index=28&type=chunk) - The company sold its wholly-owned subsidiary Ryvyl EU for **$16.5 million**, recognizing a loss of approximately **$6.5 million** on the sale[61](index=61&type=chunk) - The **$100 million** 8% senior convertible note was fully settled, with the remaining **$4.0 million** principal converted into **7,118,843 shares** of common stock in Q2 2025[77](index=77&type=chunk)[91](index=91&type=chunk)[114](index=114&type=chunk) - Subsequent to quarter end, on July 16, 2025, the company raised approximately **$6.0 million** gross proceeds from a public offering of **15,384,615 shares** of common stock and warrants[146](index=146&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=40&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses going concern doubts due to product discontinuation and subsidiary sale, detailing revenue decline, expense reductions, and an 'Enhanced Plan' for future growth - Management acknowledges substantial doubt about the company's ability to continue as a going concern, with current cash sufficient only until approximately December 31, 2025, without additional capital[156](index=156&type=chunk)[157](index=157&type=chunk) - Following the Ryvyl EU sale, the company is pursuing an 'Enhanced Plan' to explore complementary technology acquisitions and potentially adopt a Crypto Treasury Allocation policy[159](index=159&type=chunk)[162](index=162&type=chunk) - Significant cost-cutting measures include a **42% reduction** in employees and project terminations, expected to reduce expenses by approximately **$1.2 million** per quarter starting H2 2025[161](index=161&type=chunk) Results of Operations Comparison (in thousands) | Period | Revenue | Change | Gross Profit | Change | Net Loss | Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | **Q2 2025 vs Q2 2024** | $2,783 | (6.4)% | $1,219 | 8.3% | ($8,408) | (30.6)% | | **H1 2025 vs H1 2024** | $5,552 | (56.1)% | $2,589 | (51.0)% | ($11,164) | (24.6)% | - The company's working capital was negative **$8.1 million** at June 30, 2025, with liquidity adversely impacted by QuickCard discontinuation and loss of profit repatriation from the sold European subsidiary[173](index=173&type=chunk)[174](index=174&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=48&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) As a smaller reporting company, the company is not required to provide quantitative and qualitative disclosures about market risk - As a smaller reporting company under Rule 12b-2 of the Exchange Act, RYVYL Inc. is not required to provide quantitative and qualitative market risk disclosures[181](index=181&type=chunk) [Controls and Procedures](index=48&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded the company's disclosure controls and procedures were effective as of June 30, 2025, with no material changes to internal control over financial reporting during the quarter - The CEO and CFO concluded the company's disclosure controls and procedures were effective as of June 30, 2025[182](index=182&type=chunk) - No material changes in internal control over financial reporting occurred during the quarter[183](index=183&type=chunk) [PART II Other Information](index=49&type=section&id=PART%20II%20Other%20Information) [Legal Proceedings](index=49&type=section&id=Item%201.%20Legal%20Proceedings) The company is involved in several legal proceedings, including a resolved SEC investigation and settlement agreements in principle for a class action and shareholder derivative lawsuits - The company resolved an SEC investigation by consenting to a judgment without admitting wrongdoing or paying a monetary penalty[141](index=141&type=chunk)[186](index=186&type=chunk) - A settlement in the Cullen v. RYVYL Inc. class action lawsuit includes **$300,000 cash**, **700,000 shares** of common stock, and a put option for a total value of at least **$1 million**, pending court approval[142](index=142&type=chunk)[189](index=189&type=chunk) - Multiple shareholder derivative complaints alleging breaches of fiduciary duty have reached an agreement in principle for settlement, pending documentation and court approval[144](index=144&type=chunk)[189](index=189&type=chunk) [Risk Factors](index=52&type=section&id=Item%201A.%20Risk%20Factors) The company faces significant risks, including substantial doubt about its going concern ability and potential Nasdaq delisting due to non-compliance with equity and bid price requirements - Substantial doubt exists about the company's ability to continue as a going concern, with current cash sufficient only until approximately December 31, 2025, without additional capital[191](index=191&type=chunk) - The company is not in compliance with Nasdaq's listing requirements, failing to meet the minimum stockholders' equity of **$2.5 million** and the minimum bid price of **$1.00** per share[193](index=193&type=chunk)[194](index=194&type=chunk)[196](index=196&type=chunk) - The company has until October 6, 2025, to regain stockholders' equity compliance and until December 9, 2025, for minimum bid price compliance, or face delisting[194](index=194&type=chunk)[197](index=197&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=53&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) No unregistered sales of equity securities occurred during the period - None reported for the period[199](index=199&type=chunk) [Defaults Upon Senior Securities](index=54&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) No defaults upon senior securities occurred during the period - None reported for the period[200](index=200&type=chunk) [Mine Safety Disclosures](index=54&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company - Not applicable[201](index=201&type=chunk) [Other Information](index=54&type=section&id=Item%205.%20Other%20Information) No directors or officers adopted or terminated Rule 10b5-1 or non-Rule 10b5-1 trading arrangements during the quarter - No directors or officers adopted or terminated any Rule 10b5-1 or non-Rule 10b5-1 trading arrangements during the quarter[202](index=202&type=chunk) [Exhibits](index=54&type=section&id=Item%206.%20Exhibits) The report includes certifications from the Principal Executive Officer and Principal Financial Officer, along with Inline XBRL documents - Exhibits filed include CEO and CFO certifications (31.1, 31.2, 32.1, 32.2) and Inline XBRL data files (101 series)[203](index=203&type=chunk)

Core Insights - RYVYL Inc. has announced a strategic pivot towards cryptocurrency custodial services, indicating a shift in its business model [1][2] - S8 Global Fintech & Regtech Fund has acquired approximately 3.6 million shares of RYVYL, representing over 10% of the company's outstanding shares, making it the largest stockholder [1][2] Company Overview - RYVYL Inc. is a leading innovator in payment transaction solutions, focusing on enhancing electronic payment technology for various international markets [5] - The company was founded in 2017 as GreenBox POS and has developed a suite of financial products that emphasize security, data privacy, and rapid transaction settlement [5] Strategic Developments - RYVYL is pursuing a digital asset acquisition strategy and has engaged in initial discussions with S8 to explore potential collaboration [3] - The company announced its enhanced business plan, which includes the introduction of cryptocurrency custodial services, in a press release dated June 16, 2025 [2] S8 Global Fintech & Regtech Fund Overview - S8 is a Luxembourg-based alternative investment fund that focuses on strategic investments in Fintech, Regtech, Insurtech, and Data Technology sectors [2][4] - The fund has full ownership of UK and EU regulated payment institutions and aims to leverage technology to transform financial services [4]