PRPO News & Events

"I think this quarter is a good example of how to properly assess non-commercial fluctuations in our business," said Ilan Danieli, CEO of Precipio. "While revenue is flat, that is largely a function of timing. The underlying business fundamentals continue to grow, in particular the product pipeline that has been generated by our newly hired commercial team."

Precipio has announced the publication in the Journal of Clinical Pathology of a study conducted in collaboration with the Memorial Sloan-Kettering Cancer Center, demonstrating Precipio's new Bloodhound BCR::ABL1 assay for Chronic Myeloid Leukemia, CML. Ilan Danieli, CEO of Precipio, expanded on these findings. "Our Bloodhound BCR::ABL1 assay is the first and only assay that simultaneously detects and quantifies all four clinically important variants of BCR::ABL1 (isoforms). Precipio is first to apply the International Scale to create a novel assay quantifying all four variants, setting a new standard for monitoring patients with CML. Now, for the first time, clinicians can comprehensively monitor disease progression."

"Becoming an EBITDA and cash-flow positive business has a very important impact on how we manage the business. It allows us to now invest in growth projects that consider a longer-term perspective for the Company, rather than a constant focus on short-term cash burn considerations." said Ilan Danieli, CEO. "2025 was a great year for us, one where the business performed well, and shareholders saw their value triple. We are confident in our ability to continue to create this value."

Precipio has made strides in cleaning up its balance sheet with two accomplishments: A $1.1M advance from Change Healthcare has been repaid. CHC experienced a cybersecurity incident in 2024 and advanced Precipio and others funds to cover collections shortfalls. In early January 2026, the Company completed its repayment of that advance. Precipio maintains a small loan with the Connecticut Department of Economic and Community Development in the approximate principal amount of $80,000. Other than this minor loan, Precipio has a debt-free balance sheet. As part of a 2023 financing, the Company issued warrants to participating investors. In Q3 and Q4 of 2025, a portion of those warrants were exercised in normal manner, and the remainder were exercised cashless to reduce dilution to shareholders. At this point, all financial warrants have been exercised, and Precipio has no further financial warrants outstanding. Remaining are 10,000 warrants given to a vendor for services provided in 2022 in lieu of cash payment, at a strike price of $60, and expiring February 2027.