HEARTSCIENCES INC C/WTS (TO PUR COM) | 8-K: FY2026 Revenue: USD 0
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026, the actual value is USD 0.
HeartSciences Inc. Fiscal 2026 Financial Results
HeartSciences Inc. reported no meaningful revenue for Fiscal 2026 . As of April 30, 2026, the company had approximately $1.7 million in cash and cash equivalents and $0.2 million in shareholders’ equity .
Pro Forma Financials (Combined Company)
The unaudited pro forma condensed combined statement of financial position indicates a pro forma combined total shareholders’ equity of $70.0 million .
Operational Metrics (Fortitude Mining Holdings - pre-merger)
In the six months ended June 30, 2026, Fortitude Mining Holdings, Inc. mined 72,696 ZEC, representing approximately 28% of overall ZEC production . The energization of its new facility in Grand Island, Nebraska, brings Fortitude’s owned power portfolio to over 60MW .
Outlook / Guidance
Fortitude Mining Holdings, Inc. expects to lower its Zcash direct cash mining cost from approximately $70 per coin towards approximately $40 per coin and estimates its run-rate Adjusted EBITDA would exceed $50 million at Zcash prices over $500 once new machines are delivered . HeartSciences’ future strategy for its MyoVista Insights platform includes integrating AI-ECG algorithms and converting customer discussions into further commercial contracts . A proposal for a reverse stock split, at a ratio between 1-for-2 and 1-for-5, is included in the Proxy Statement to meet Nasdaq listing requirements for the combined company if the Proposed Transaction is completed .
