Completion of groundwater monitoring wells marks a key milestone in securing a state mining permit HIGHLIGHTS DENVER, May 28, 2025 (GLOBE NEWSWIRE) -- American Rare Earths Limited (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) ("ARR" or "the Company") is pleased to announce that groundwater monitoring wells have now been successfully installed at the Cowboy State Mine, part of the Halleck Creek Rare Earths Project in Wyoming, USA. This release was authorized by the Board of American Rare Earths. Investors can follo ...

Core Viewpoint - Xcel Brands, Inc. reported a significant decline in revenue for both the fourth quarter and the full fiscal year of 2024, primarily due to the divestiture of the Lori Goldstein brand and the discontinuation of its wholesale business. However, the company is optimistic about future growth driven by new brand launches and an increase in social media followers [2][3][6]. Financial Results Summary Fourth Quarter 2024 - Total revenue was $1.2 million, a decrease of approximately $1.1 million (-47%) from the fourth quarter of 2023, mainly due to a decline in net licensing revenue [3]. - Net loss attributable to stockholders was approximately $7.1 million, or $(3.00) per share, compared to a net loss of $6.8 million, or $(3.43) per share, for the prior year quarter [4][10]. - Adjusted EBITDA improved by 31% year-over-year, from negative $1.2 million to negative $0.8 million [5][10]. Full Year 2024 - Total revenue for the fiscal year was $8.3 million, representing a decrease of approximately $9.5 million (-53%) from fiscal year 2023, primarily due to the discontinuation of wholesale businesses [6]. - Net loss attributable to stockholders for the year was approximately $22.4 million, or $(9.84) per share, compared to a net loss of $21.1 million, or $(10.68) per diluted share, for the prior year [7][8]. - Adjusted EBITDA improved by 40% year-over-year, from negative $5.7 million in fiscal year 2023 to negative $3.5 million in fiscal year 2024 [9][10]. Balance Sheet Overview - As of December 31, 2024, stockholders' equity was approximately $28 million, with unrestricted cash and cash equivalents of approximately $1.3 million and long-term debt of $6.6 million [11]. - The company refinanced its term loan debt in April 2025, resulting in a net increase of approximately $3.0 million in liquidity [12]. Business Strategy and Market Position - Xcel Brands is focused on leveraging its expertise in livestream shopping and social commerce to drive growth, with a goal of reaching 100 million social media followers across its brand portfolio, which has grown from 5 million to 45 million followers in the past five months [2]. - The company is engaged in the design, licensing, marketing, and sales of branded consumer products, with a strategy that includes interactive television, digital live-stream shopping, and e-commerce channels [13].

TROY, Mich., May 28, 2025 (GLOBE NEWSWIRE) -- Viper Networks (OTCPK: VPER) continued to show strong organic growth in the release of its first quarter 2025 financial statements while maintaining positive EBITDA and reducing debt. Revenues from the quarter rose to $1.307 million and EBITDA (non-GAAP) increased to $46,565, as compared to an EBITDA loss of $171,482 for the same period in 2024. The growth was due to the acquisition of the 0Wire Communications business unit (formerly known as 1stPoint Communicat ...

SEATTLE, May 28, 2025 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), a leader in medical insurance for cats and dogs, announced today that Margi Tooth, Chief Executive Officer and President, will present at the William Blair 45th Annual Growth Stock Conference on Tuesday, June 3, 2025, at 3:20 p.m. CT and will participate in meetings with investors throughout the day. Contact: The presentation will be webcast live and can be accessed on Trupanion's Investor Relations website at http://investors.trupani ...

ATHENS, Greece, May 28, 2025 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS), a ship- owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the first quarter ended March 31, 2025. OPERATIONAL AND FINANCIAL HIGHLIGHTS First Quarter 2025 Results: Strong profitability continued for the first quarter, with Net income of $14.1 million corresponding to a basic EPS of $0.38, similar to the previou ...

Las Vegas, NV, May 28, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) ("Richtech Robotics" or the "Company"), a Nevada-based provider of AI-driven service robots, announces that it has been selected for preliminary inclusion in the US small-cap Russell 2000 Index, according to a preliminary list of additions published by FTSE Russell on Friday, May 23, 2025. The newly reconstituted indexes are expected to take effect after US market close on June 27, 2025, as part of the 2025 Russell Indexes r ...

The Angelika Film Center & Cafe transforms for Wes Anderson's new star-studded comedy NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) -- The Angelika Film Center & Cafe in New York City, operated by Reading International, Inc. (NASDAQ: RDI), in collaboration with Focus Features, will be the host to New York City's first ever theatre takeover by one film. The Angelika is celebrating the premiere of Wes Anderson's The Phoenician Scheme by taking audiences on a globetrotting adventure — without ever leaving the theatr ...

Core Viewpoint - Gevo, Inc. has entered into a definitive agreement to sell its subsidiary Agri-Energy, LLC to A.E. Innovation, LLC for $7 million, which includes an ethanol production facility in Minnesota, while retaining certain isobutanol-related assets for future production [1][4]. Group 1: Transaction Details - The sale includes Agri's 18-million-gallon-per-year ethanol production facility located in Luverne, Minnesota [1]. - Gevo will receive $2 million in cash upon closing and an additional $5 million in future cash under the purchase agreement [4]. - The transaction is expected to close by the end of 2025, subject to financing and customary closing conditions [5]. Group 2: Future Operations and Innovations - A.E. Innovation plans to restart ethanol production at the facility, which has been idled since 2022, and aims to use the site as an innovation hub for new technologies [2][3]. - The Luverne plant has been a demonstration site for regenerative agriculture and biofuel production, including synthetic aviation fuel, isobutanol, and ethanol [3]. - Gevo anticipates potential future benefits from isobutanol fermentation through a side-by-side operational model with the ethanol assets [4]. Group 3: Strategic Importance - The sale is expected to provide annual savings of approximately $3 million from current facility idling costs [4]. - The transaction is seen as a way to support local farmers and strengthen the regional economy in Luverne [4]. - Gevo emphasizes the importance of Minnesota's farming communities in developing sustainable agricultural practices as a foundation for innovative energy solutions [4].

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell's US indexes. Russell indexes are part of FTSE Russell, a leading global index provider. MITCHEL FIELD, N.Y., May 28, 2025 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. ("FEI" or the "Company") (NASDAQ-FEIM), a leading provider of precision timing and frequency control products, is pleas ...

SAN DIEGO, May 28, 2025 (GLOBE NEWSWIRE) -- Connect Biopharma Holdings Limited (Nasdaq: CNTB) ("Connect Biopharma" or the "Company"), a clinical-stage biopharmaceutical company focused on transforming acute and chronic care of asthma and chronic obstructive pulmonary disease (COPD), today announced that company management will participate in the following upcoming conferences: Noble Capital Markets Virtual Conference Format: Corporate Presentation Date: Wednesday, June 4, 2025 Time: 9:00 a.m. ET Jefferies H ...