PRFX PRF Technologies Ltd.
Price Chart
Executive Summary
PRF Technologies Ltd. (PRFX) reported a significant reduction in net loss from $14.6 million in 2024 to $4.8 million in 2025, driven by lower R&D expenses following the failure of its PRF-110 Phase 3 trial. The company acquired LayerBio, Inc. for $0.6 million and completed the DeepSolar asset acquisition, which is now a key part of its business. Despite a strong balance sheet with $4.1 million in cash, the company's auditor issued a going concern warning due to its history of losses and uncertainty about future funding. The company also faces a material weakness in its internal controls.
Actionable Insight
Investors should be cautious due to the going concern warning and material weakness in internal controls. The company's reduced losses are due to decreased R&D spending, not increased revenue, which raises concerns about its long-term viability. The DeepSolar acquisition could be a key growth driver, but its success is uncertain.
Key Facts
- Net loss decreased from $14.6 million in 2024 to $4.8 million in 2025, primarily due to lower R&D expenses.
- The company acquired LayerBio, Inc. for $0.6 million and completed the DeepSolar asset acquisition.
- The company's auditor issued a going concern warning due to its history of losses and uncertainty about future funding.
- The company has a material weakness in its internal controls over financial reporting.
- The company raised $3.8 million in net proceeds from its ATM program in 2025.
Financial Impact
The company's net loss decreased by $9.8 million from 2024 to 2025, but it still has an accumulated deficit of $61.3 million.
Risk Factors
- The company may not be able to continue as a going concern.
- The company has a material weakness in its internal controls over financial reporting.
- The company's reduced losses are due to decreased R&D spending, not increased revenue.
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 20-F Filing (Primary) | 0001178913-26-001782 |
| Exhibit: exhibit_1-1.htm | 0001178913-26-001782 |
| Exhibit: exhibit_2-1.htm | 0001178913-26-001782 |
| Exhibit: exhibit_12-1.htm | 0001178913-26-001782 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 28, 2026
15d ago
|
6-K
| $1.37 $1.86 | ▲ +35.77% | ▲ +35.81% | $1.36 (−0.73%) |
|
May 26, 2026
17d ago
|
6-K
| $1.34 $2.02 | ▲ +50.75% | ▲ +49.66% | $1.36 (+1.49%) |
|
May 26, 2026
18d ago
|
Press Release
| $1.34 $2.02 | ▲ +50.75% | ▲ +49.66% | $1.36 (+1.49%) |
|
May 7, 2026
5w ago
|
6-K
| $1.94 $1.58 | ▲ +18.56% | ▲ +20.02% | $1.36 (+29.90%) |
|
Apr 28, 2026
6w ago
|
Press Release
| $2.04 $1.97 | ▼ −3.43% | ▼ −5.12% | $1.36 (−33.33%) |
|
Mar 27, 2026
11w ago
|
6-K
| $2.08 $2.53 | ▲ +21.63% | ▲ +17.77% | $1.36 (−34.62%) |
|
Mar 26, 2026
11w ago
|
20-F
| $2.08 $2.53 | ▼ −21.63% | ▼ −17.77% | $1.36 (+34.62%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access