SCWorx Resumes Nasdaq Trading After Regaining Listing Compliance
The company reported higher first-half gross profit and lower losses and operating cash use as its shares returned to Nasdaq.
Key takeaways
- Nasdaq approved SCWorx’s continued listing, subject to a one-year Panel Monitor.
- First-half gross profit rose to about $705,000, while net loss fell to about $295,000.
SCWorx shares resumed trading on Nasdaq on Oct. 7 after the exchange approved the company’s continued listing. The company said gross profit for the first half of 2026 rose to about $705,000, while its net loss narrowed to about $295,000.
The Nasdaq Hearings Panel granted SCWorx’s request to reconsider a Sept. 17 delisting decision and found the company had regained compliance. Continued listing is subject to conditions, including a one-year Panel Monitor.
SCWorx reported using about $258,000 in operating cash during the first half, down from about $1.1 million a year earlier. As of 18:44 UTC on Oct. 7, the shares traded at $5.66, down 3.71% since the previous close.
This article was produced with the help of AI technology. Source: Yahoo Finance
