Core Viewpoint - Qualigen Therapeutics Inc. has partnered with BitGo to enhance its cryptocurrency treasury strategy, leading to a significant surge in its stock price during after-hours trading [1][2]. Group 1: Stock Performance - Qualigen shares increased by over 60% in after-hours trading, building on a 5.37% gain during the regular trading session, closing at $3.530 [2][4]. - Year-to-date, the stock has decreased by 16.15%, but recent trends indicate a stronger price momentum in the short and medium term [4]. Group 2: Partnership Details - The partnership with BitGo allows Qualigen to manage a diversified investment across the top 10 cryptocurrencies, utilizing BitGo's over-the-counter desk [3]. - BitGo will provide custody and liquidity services for Qualigen's digital assets, ensuring they are stored in regulated cold storage with compliance protocols [3]. Group 3: Company Background - Qualigen is majority-owned by Faraday Future Intelligent Electric Inc., indicating a strategic alignment with a company in the electric vehicle sector [3].

Core Insights - Actelis Networks, Inc. reported a sequential revenue growth of 31% in Q2 2025, reaching $0.94 million, while the first half of 2025 revenue totaled $1.7 million, down from $4.16 million in the prior year period [6][9] - The company is restructuring to focus on high-growth markets and aims for a 15-20% cost reduction over the next 6-9 months [3][16] - Actelis secured significant contracts, including its first major US telecommunications carrier customer for MDU solutions, indicating strong market validation [6][9] Financial Performance - Q2 2025 revenues were $941,000, a decrease from $3.4 million in Q2 2024, while the first half of 2025 revenues were $1.7 million compared to $4.2 million in the same period in 2024 [9][31] - Gross margin for Q2 2025 was 32%, down from 57% in Q2 2024, with a first half gross margin of 33% compared to 52% in the prior year [6][11] - Operating loss for Q2 2025 was $1.77 million, compared to an operating profit of $66,000 in Q2 2024, reflecting a decline in sales [15][31] Operational Highlights - The company has appointed new leadership in sales and marketing, including Mark DeVol as Chief Revenue Officer for the Americas, to enhance focus on Federal/Military and Local Government markets [6][7] - Actelis is expanding its international presence with orders from various global markets, including Nordic municipalities and Japanese infrastructure projects [6][9] - The company is implementing an AI-enabled restructuring plan aimed at improving operational efficiency and market capture [3][16] Liquidity and Capital Management - Actelis raised approximately $1.35 million in Q2 2025, maintaining a low debt level and strengthening its balance sheet [6][8] - Financial expenses for Q2 2025 were $128,000, a decrease from $144,000 in Q2 2024, primarily due to loan repayments [17][18] - The company is adopting a cryptocurrency treasury management strategy to enhance financial flexibility [16]