Scorpius Holdings, Inc.

Scorpius Holdings, Inc. reported a net loss attributable to the company of $984K for Q3 2025, with total revenue of $230K and cost of revenues of $145K. The company generated an operating loss of $4.7M, driven by total operating expenses of $5.0M, which included significant non-cash charges such as a $5.7M loss on lease assignment and termination. Total non-operating income of $3.5M, primarily from fair value changes in related party instruments, partially offset the operating loss. The balance sheet shows total assets of $20.8M against total liabilities of $27.7M, resulting in a stockholders' deficit of $7.0M. Cash flow from operations was negative $9.7M, but financing activities provided $9.2M, mainly from related party promissory notes and common stock issuance. The company ended the period with $1.0M in cash and cash equivalents.

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