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IINTERPACE BIOSCIENCES, INC.

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INTERPACE BIOSCIENCES, INC.

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  • Interpace Biosciences Announces Reverse Stock Split to Support Proposed Nasdaq Uplisting
    Aug 26, 2026Interpace Biosciences®, Inc. (IDXGD) News

    PARSIPPANY, NJ, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Interpace Biosciences, Inc. (OTCID: IDXG) (“Interpace” or the “Company”), an emerging leader in enabling personalized medicine, today announced that it will effect a 1-for-5 reverse stock split (“Reverse Stock Split”) of its issued and outstanding common stock. The Reverse Stock Split will become effective at 12:01 a.m. Eastern Time on August 27, 2026, and Interpace common stock is expected to begin trading on a split-adjusted basis on the OTCID quotation system (“OTCID”) as of the commencement of market open that same day. Interpace’s ticker symbol on the OTCID will temporarily change to IDXGD for a period of 20 trading days, including the effective date. The new CUSIP number for the common stock following the Reverse Stock Split will be 46062X402. After the effectiveness of the Reverse Stock Split, the number of outstanding shares of common stock will be reduced from approximately 27.7 million (as of the date of this press release) to approximately 5.5 million. The total authorized number of shares will not be reduced as a result of the Reverse Stock Split. Proportional adjustments will be made to the number of shares of common stock issuable upon exercise or vesting of the Company’s outstanding stock options and restricted stock units, as well as the applicable exercise prices, and to the number of shares issuable under the Company’s equity incentive and employee stock purchase plans. No fractional shares will be issued in connection with the Reverse Stock Split, and fractional shares resulting from the Reverse Stock Split will be rounded up to the nearest whole share. There will be no change in the par value of $0.01 per share of the common stock as a result of the Reverse Stock Split. At the annual meeting of stockholders held on August 20, 2026, the Company’s stockholders voted to approve a proposal granting the Company’s Board of Directors the discretion to amend the Company’s certificate of incorporation to effect a reverse stock split of the Company’s common stock at a ratio in the range from one-for-two to one-for-ten. The Company’s Board of Directors approved a 1-for-5 reverse stock split on August 20, 2026. The reverse stock split is primarily intended to bring the Company into compliance with the minimum bid price requirement for listing on the Nasdaq Capital Market (“Nasdaq”). There is no guarantee that the Company will meet the minimum bid price requirement, and even if it does, there are additional requirements for listing on Nasdaq, including the requirement to have a $15 million market value of unrestricted publicly held shares. Interpace’s transfer agent, Equiniti Trust Company, will provide information to stockholders regarding their stock ownership following the Reverse Stock Split. Stockholders holding their shares in book-entry form or through a bank, broker, or other nominee do not need to take any action in connection with the Reverse Stock Split. Their accounts will be automatically adjusted to reflect the number of shares owned. Beneficial holders are encouraged to contact their bank, broker, or other nominee with any procedural questions. Tom Burnell, CEO of Interpace, commented: “This reverse stock split is a key part of our strategy to uplist our common stock to Nasdaq, which we believe will help support our planned growth and attract a broader range of investors.” About Interpace Biosciences Interpace Biosciences is an emerging leader in enabling personalized medicine, offering specialized services along the therapeutic value chain from early diagnosis and prognostic planning to targeted therapeutic applications. Clinical services, through Interpace Diagnostics, provide clinically useful molecular diagnostic tests and bioinformatics and p

  • Interpace Biosciences Announces Second Quarter 2026 Financial and Business Results
    Aug 10, 2026Interpace Biosciences®, Inc. (IDXGD) News

    Q2 Revenue of $9.1 million Q2 Income from Continuing Operations of $0.3 million Q2 Thyroid volume year-over-year increase of 6% Q2 Thyroid revenue year-over-year increase of 9% Trailing twelve-month thyroid revenue of $36.1 million, an increase of 11% on a comparable thyroid-only basis PARSIPPANY, NJ, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Interpace Biosciences, Inc. ("Interpace" or the "Company") (OTCQX: IDXG) today announced financial results for the second quarter ended June 30, 2026 and provided a business and financial update. Interpace generated Q2 2026 revenue of $9.1 million on 9% year-over-year thyroid revenue growth, delivered $0.3 million of income from continuing operations or 3% of revenue, which included approximately $0.2 million of non-recurring professional fees associated with the Company’s strategic and corporate initiatives, and produced Adjusted EBITDA of $0.7 million, or 8% of revenue. As previously disclosed, the Company discontinued its PancraGEN® pancreatic testing business in May 2025 and now operates as a thyroid-only molecular diagnostics company. Prior-year reported results therefore include PancraGEN revenue and related costs, while the Company’s current-year results do not. Reported year-over-year comparisons for the second quarter are affected by this change, and the Pro Forma prior-year results presented below exclude PancraGEN in order to show the underlying thyroid business on a consistent basis. Beginning with the third quarter of 2026, reported year-over-year comparisons will be presented on a directly comparable thyroid-only basis, as the prior-year comparative periods no longer include PancraGEN. “Our second quarter results demonstrate continued growth in our thyroid franchise and the operational efficiency that has come with our transition to a thyroid-only diagnostics testing company,” said Chris McCarthy, Chief Financial Officer. “Q2 2026 revenue was $9.1 million as compared to $9.2 million in Q2 2025, and net income from continuing operations was $0.3 million in Q2 2026 as compared with a net loss from continuing operations of $0.5 million in Q2 2025. Q2 2026 thyroid revenue increased 9% year-over-year and gross margin expanded to 62% from 54% on a Pro Forma basis reflecting the discontinuance of our PancraGEN business. Adjusted EBITDA improved to $0.7 million from $0.2 million in the prior year quarter on a Pro Forma basis. Adjusted EBITDA margin improved to 8% from 3% in the prior year quarter on a Pro Forma basis. These results reflect the strength of our ThyGeNEXT® and ThyraMIR®v2 platform and the consistent execution of our commercial team.” McCarthy added, “Our debt-free balance sheet continues to support meaningful investment in laboratory automation and AI-enabled productivity initiatives across our workflow. Our thyroid laboratory automation moved into production during the second quarter, and we are scaling operating leverage in line with volume growth without a corresponding increase in headcount, which we expect will support continued margin expansion as the year progresses.” “The second quarter demonstrates the durability of the business we built through last year’s transition and positions Interpace to build on this momentum through the remainder of 2026,” said Tom Burnell, President and CEO. “We see the same characteristics in Q2 2026 that defined our 2025 performance — disciplined execution, expanding clinical adoption, and a steady cadence of operational improvement. We contin

  • Interpace Biosciences Announces First Quarter 2026 Financial and Business Results
    May 12, 2026Interpace Biosciences®, Inc. (IDXGD) News

    Q1 Revenue of $9.0 million Q1 Income from Continuing Operations of $0.8 million Q1 Thyroid volume year-over-year increase of 10% Q1 Thyroid revenue year-over-year increase of 12% PARSIPPANY, NJ, May 12, 2026 (GLOBE NEWSWIRE) -- Interpace Biosciences, Inc. ("Interpace" or the "Company") (OTCQX: IDXG) today announced financial results for the first quarter ended March 31, 2026 and provided a business and financial update. Interpace generated Q1 2026 revenue of $9.0 million on 12% year-over-year thyroid revenue growth, delivered $0.8 million of income from continuing operations, and produced Adjusted EBITDA of $1.6 million, or 17% of revenue. "Our first quarter results demonstrate continued momentum in our thyroid franchise and the operational efficiency that has come with our transition to a thyroid-only diagnostics testing company," said Chris McCarthy, Chief Financial Officer. "Q1 2026 thyroid revenue increased 12% year-over-year and gross margin expanded to 65% from 59% on a Pro Forma basis. Adjusted EBITDA improved to $1.6 million from $0.8 million in the prior year quarter on a Pro Forma basis. Operating income margin improved to 12% from 6% in the prior year quarter on a Pro Forma basis and adjusted EBITDA margin improved to 17% from 10% in the prior year quarter on a Pro Forma basis. These results reflect the strength of our ThyGeNEXT® and ThyraMIR®v2 platform and the consistent execution of our commercial team." McCarthy added, "Our debt-free balance sheet continues to support meaningful investment in laboratory automation and AI-enabled productivity initiatives across our workflow. We are scaling operating leverage in line with volume growth without a corresponding increase in headcount, which we expect will support continued margin expansion as the year progresses.” "The first quarter demonstrates the durability of the business we built through last year's transition and positions Interpace to build on this momentum through the remainder of 2026." said Tom Burnell, President and CEO. "We see the same characteristics in Q1 2026 that defined our 2025 performance — disciplined execution, expanding clinical adoption, and a steady cadence of operational improvement. We continue to believe our combination approach — ThyGeNEXT® for mutation detection and ThyraMIR®v2 for microRNA pathway insights — gives physicians the confidence and clarity they need to make informed patient-management decisions." Outlook With a streamlined, thyroid-only operating model and continued commercial momentum, Interpace is positioned to build on its first-quarter performance through the remainder of 2026. The Company is reaffirming its previously provided 2026 guidance of approximately 16% year-over-year thyroid revenue growth, and remains focused on scaling thyroid test volume through deeper adoption within existing accounts, expanding the active account base, and driving productivity gains through laboratory automation and operational discipline. Business Highlights Average thyroid revenue per test increased 3% year-over-year. Days sales outstanding (DSO) improved 6% year-over-year. Turnaround time improved 21% year-over-year. Average volume per account increased 9% year-over-year. Number of accounts increased 5% year-over-year. First Quarter 2026 Financial Performance For the First Quarter of 2026 as Compared to the First Quarter of 2025 and Pro Forma 2025 Results:<

  • Interpace Biosciences Announces Fourth Quarter and Full Year 2025 Financial and Business Results
    Mar 30, 2026Interpace Biosciences®, Inc. (IDXGD) News

    Q4 and FY Revenue of $9.2 million and $38.7 million Q4 and FY Income from Continuing Operations of $22.8 million and $25.0 million (benefiting from a one-time, non-cash tax-related accounting adjustment) Q4 and FY Thyroid volume year-over-year increase of 11% and 13% Q4 and FY Thyroid revenue year-over-year increase of 14% and 21% PARSIPPANY, NJ, March 30, 2026 (GLOBE NEWSWIRE) -- Interpace Biosciences, Inc. ("Interpace" or the "Company") (OTCQX: IDXG) today announced financial results for the fourth quarter and full year ended December 31, 2025 and provided a business and financial update. Q4 and FY revenue were $9.2 million and $38.7 million, respectively. Q4 and FY income from continuing operations were $22.8 million and $25.0 million, respectively, benefiting from a one-time, non-cash tax-related accounting adjustment related to the release of a deferred tax valuation allowance. Q4 2025 thyroid revenue increased 14% year-over-year, and full year 2025 thyroid revenue increased 21% year-over-year. "The Company delivered strong thyroid performance in the fourth quarter, capping a transformational year as we completed our transition to a thyroid-only diagnostics testing company," said Chris McCarthy, Chief Financial Officer. "Thyroid revenue increased 14% year-over-year in Q4 2025 and 21% year-over-year for full year 2025, while thyroid test volume increased 11% and 13% year-over-year, respectively. Net income for the quarter and full year was driven in significant part by a one-time, non-cash accounting adjustment related to the release of a valuation allowance on deferred tax assets, which contributed meaningfully to income from continuing operations. These results reflect the strength of our ThyGeNEXT® and ThyraMIR®v2 platform in the market and our team's execution on growth initiatives." McCarthy added, "Our strong financial position enabled continued investments in laboratory operational efficiency, leveraging AI and automation as part of our digital strategy. We further strengthened our balance sheet by fully paying off our debt in Q4 2025 and increased cash availability by $4.3 million year-over-year." “2025 marked a pivotal year for Interpace as we successfully navigated the PancraGEN discontinuation and emerged as a focused thyroid diagnostics company,” said Tom Burnell, President and CEO. “Our fourth quarter results demonstrate the resilience of our business model and the strength of our comprehensive thyroid testing platform. We believe our combination approach—ThyGeNEXT® for mutation detection and ThyraMIR®v2 for microRNA pathway insights—helps provide physicians the confidence and clarity they need to make informed patient-management decisions.” Outlook With a streamlined, thyroid-only operating model and strong commercial momentum, Interpace is positioned to accelerate execution in 2026. The Company remains focused on scaling thyroid test volume through deeper adoption within existing accounts and ongoing account growth, driving productivity gains through automation and operational discipline, and delivering on its previously provided guidance of approximately 16% year-over-year thyroid revenue growth. Business Highlights Average thyroid revenue per test increased 5% year-over-year. Days sales outstanding (DSO) decreased 19% year-over-year. Turnaround time decreased 20% year-over-year. Average volume per account increased 6% year-over-year. Number of accounts increased 9% year-over-year. <li style="text-

  • Interpace Biosciences Announces Preliminary 2025 Revenue, 2026 Revenue Guidance and Simplification of Capital Structure
    Jan 20, 2026Interpace Biosciences®, Inc. (IDXGD) News

    Preliminary 2025 thyroid testing revenue grew 21% over prior year Initial 2026 guidance of 16% growth in thyroid testing revenue All preferred stock converted to common stock Debt-free balance sheet and positive Net Income and EBITDA operations Company to seek uplisting on the Nasdaq Stock Market PARSIPPANY, NJ, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Interpace Biosciences, Inc. (OTCID: IDXG) (“Interpace” or the “Company”) today announced preliminary and unaudited 2025 revenue from continuing operations (i.e., thyroid testing), initial 2026 revenue guidance, and updates on the Company’s capital structure and plans to seek an uplisting on The Nasdaq Stock Market. Preliminary 2025 Revenue Interpace announced preliminary and unaudited revenue of approximately $38-39 million in 2025. Thyroid testing represented approximately $34-35 million in revenue. This represents growth of approximately 21% in thyroid testing revenue over 2024. As announced previously, the Company’s PancraGEN test was discontinued in early May 2025 and Interpace now generates 100% of revenue from its thyroid testing franchise. Initiation of 2026 Revenue Guidance Interpace is initiating full-year 2026 revenue guidance of approximately $40 million, with 100% of this from thyroid testing. This represents growth of approximately 16% in thyroid testing revenue over 2025. Preferred Stock Conversion In October 2024, Interpace’s private equity investors exchanged 47,000 shares of Series B Preferred Stock (“Series B”) for 47,000 shares of Series C Preferred Stock (“Series C”), which are convertible into common stock at $2.02 per share. Today, Interpace confirms that all Series C Preferred shares have been converted into common stock, resulting in the issuance of approximately 23,267,327 shares of Interpace common stock (calculated as $1,000 stated value per preferred share divided by the $2.02 conversion price). Following the conversion, Interpace’s pro forma basic shares outstanding total approximately 27.7 million shares, comprised of 4,428,539 previously outstanding shares as of January 20, 2025 plus the 23,267,327 newly issued shares upon conversion. Of this amount, 1315 Capital owns approximately 9,405,941 shares of common stock, or approximately 34% of Interpace’s outstanding common stock, and Ampersand owns 13,861,386 shares of common stock, or approximately 50% of Interpace’s outstanding common stock, in both cases subject to change in connection with subsequent issuance activity and public float changes. “This conversion is a pivotal milestone in our capital structure journey,” said Tom Burnell, Chairman, President &amp; CEO. “In addition to paying off 100% of the Company’s outstanding debt in December, Interpace has now retired all shares of preferred stock, greatly simplifying the capital structure as we focus on scaling a profitable, thyroid-focused diagnostics business.” Potential Nasdaq uplisting In light of the Company’s simplified capital structure, solid balance sheet and profitable growth in the thyroid testing franchise, Interpace intends to seek an uplisting to the Nasdaq Stock Market in 2026 although no assurance can be given that the uplisting will be successfully achieved. “We believe that Interpace is in a strong financial position, and that uplisting to the Nasdaq Market will enable more investors to participate in the growth we expect going forward. This action paves the way for focused investments in sales acceleration, revitalized commercial research and development plans, and ongoing lab automation.” added Chris McCarthy, Chief Fi

  • Interpace Biosciences Announces Early Repayment of Debt to BroadOak Capital Partners
    Dec 3, 2025Interpace Biosciences®, Inc. (IDXGD) News

    PARSIPPANY, NJ, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Interpace Biosciences, Inc. (OTCID: IDXG) (“Interpace” or the “Company”) today announced that it has fully repaid its outstanding term loan facility with BroadOak Capital Partners (“BroadOak”) prior to the facility’s maturity date. The repayment satisfies the Company’s obligations under the Loan and Security Agreement originally entered into on October 29, 2021, with BroadOak Fund V, L.P. By retiring this debt early, Interpace eliminates related interest expenses, providing increased operational flexibility to support future growth. “The early repayment of the BroadOak facility is a significant milestone for Interpace and a testament to our robust financial performance and disciplined capital management,” said Chris McCarthy, Chief Financial Officer. “Over the past several years, BroadOak has been a valuable partner, supporting our strategic turnaround and transition to profitability. With this debt retired, we have strengthened our balance sheet, positioning us to focus our full resources on driving commercial growth as we continue to deliver record testing volumes and revenue for our thyroid tests.” About Interpace Biosciences Interpace Biosciences is an emerging leader in enabling personalized medicine, offering specialized services along the therapeutic value chain from early diagnosis and prognostic planning to targeted therapeutic applications. Clinical services, through Interpace Diagnostics, provide clinically useful molecular diagnostic tests and bioinformatics and pathology services for evaluating risk of cancer by leveraging the latest technology in personalized medicine for improved patient diagnosis and management. Interpace has two commercialized molecular tests: ThyGeNEXT for the diagnosis of thyroid cancer from thyroid nodules utilizing a next-generation sequencing assay and ThyraMIRv2, used in combination with ThyGeNEXT, for the diagnosis of thyroid cancer utilizing a proprietary microRNA pairwise expression profiler along with algorithmic classification. For more information, please visit Interpace Biosciences’ website at www.interpace.com. Forward-looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, relating to the Company’s future financial and operating performance. The Company has attempted to identify forward-looking statements by terminology including “believes,” “estimates,” “anticipates,” “expects,” “plans,” “projects,” “intends,” “potential,” “may,” “could,” “might,” “will,” “should,” “approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are based on current expectations, assumptions and uncertainties involving judgments about, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company’s control. These statements also involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results to be materially different from those expressed or implied by any forward-looking statements, including, but not limited to, the possibility that the Company’s estimates of future revenue and cash flows may prove to be materially inaccurate, the Company’s prior history of operat

  • Interpace Biosciences Announces Third Quarter 2025 Financial and Business Results
    Nov 12, 2025Interpace Biosciences®, Inc. (IDXGD) News

      ● Q3 Revenue of $8.8 million   ● Q3 Cash Collections of $10.0 million   ● Q3 Thyroid test volume up 12% year-over-year to record levels   ● Q3 Thyroid revenue of $8.8M; up 22% year-over-year to record levels       PARSIPPANY, NJ, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Interpace Biosciences, Inc. (“Interpace” or the “Company”) (OTCQX: IDXG) today announced financial results for the third quarter ended September 30, 2025 and provided a business and financial update. Third quarter Net Revenue was $8.8 million. Income from continuing operations in the third quarter of 2025 was $1.0 million. "The Company delivered record thyroid test volumes, revenue, and cash collections during the quarter, driven by higher testing volume activity and enhanced collection initiatives," said Chris McCarthy, Chief Financial Officer. "Our continued focus on reimbursement improvements resulted in a 5% increase in average revenue per test and a 22% reduction in days sales outstanding." McCarthy added, "Our strong cash position supported strategic investments in laboratory operational efficiency, leveraging AI and automation as part of our digital strategy. These initiatives also enabled us to strengthen our balance sheet through additional principal payments on our long-term debt." “The third quarter represented the first full quarter of the Company being a Thyroid-only diagnostics testing company”, said Tom Burnell, President and CEO. “We are excited about the Company’s continued growth in revenue, profitability and cash flow as a Thyroid- only clinical diagnostics business”, added Burnell. Further, Burnell said, “We believe our unique combination testing platform delivers the confidence of high performance with the convenience of simple specimen handling. ThyGeNEXT® evaluates the most common mutations in thyroid cancer, while the microRNA signatures assessed by ThyraMIR®v2 provide insights across both major and minor cancer-related signaling pathways. This comprehensive ‘panel-to-pathways’ approach supports physicians in making confident and informed patient-management decisions.” Third Quarter 2025 Financial Performance For the Third Quarter of 2025 as Compared to the Third Quarter of 2024 and Pro Forma 2024 Results1   ● Revenue was $8.8 million, a decrease of 29% from $12.3 million for the prior year quarter and an increase of 22% from $7.3 million for the prior year quarter Pro Forma     <t

  • Interpace Biosciences Presented Two New Posters at the 2025 American Thyroid Association® (ATA) Annual Meeting
    Sep 15, 2025Interpace Biosciences®, Inc. (IDXGD) News

    Highlights Independent institutional experience shows archival cytology slides enabled successful molecular results in cases previously insufficient for testing by another commercially available molecular diagnostic test, helping avoid repeat FNAs Large real-world analysis (n=28,144) demonstrates how ThyGeNEXT® + ThyraMIR®v2 refines risk in Bethesda III/IV nodules, especially in RAS-like and mutation-negative cases Presentations were held during the ATA Annual Meeting, September 10–14, 2025, at the Westin Kierland in Scottsdale, Arizona PARSIPPANY, NJ, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Interpace Biosciences, Inc. (“Interpace” or the “Company”) (OTCQX: IDXG) presented two new scientific posters at the 2025 American Thyroid Association® (ATA) Annual Meeting in Scottsdale, Arizona, September 10–14, 2025. The first poster, “Utilizing Archival Cytology Slides to Overcome Molecular Testing Insufficiency Rates in Cytologically Indeterminate Thyroid Nodules: An Institutional Experience” (Poster #478), led by Temma Kaufman, MD (Associated Pathologists PA, BayCare St. Joseph’s Hospital), described a hospital-system-wide quality-improvement effort. Among 65 thyroid FNA cases previously deemed insufficient for another testing platform, 56 (86%) yielded successful molecular results using Interpace’s ThyGeNEXT® + ThyraMIR®v2 testing from archival cytology slides—supporting fewer repeat FNAs and streamlined workflows. View Poster The second poster, “Refined Risk Stratification of Bethesda III/IV Thyroid Nodules Using ThyGeNEXT® and ThyraMIR®v2” (Poster #477), reported outcomes from 28,144 indeterminate (Bethesda III/IV) nodules tested between September 2022 and April 2025. ThyGeNEXT identified BRAF V600E-like alterations in ~4%–6% and RAS-like alterations in ~19%, while 76%–77% were mutation-negative. Subsequent ThyraMIRv2 microRNA profiling further stratified malignancy risk within both RAS-like and mutation-negative groups (e.g., &gt;90% of mutation-negative nodules classified as low risk), enabling more precise clinical decision-making. View Poster “These data continue to validate the real-world utility of our combination platform,” said Tom Burnell, PhD, President &amp; Chief Executive Officer of Interpace Biosciences. “The independent institutional experience highlights practical advantages—like testing from archival cytology slides—that can reduce repeat procedures, while our 28,000-plus case analysis demonstrates how integrating DNA mutations with microRNA expression refines risk where clinicians need it most.” “Across our health system, moving to a platform that accepts archival cytology slides made a meaningful difference,” said Temma Kaufman, MD, Associated Pathologists PA, BayCare St. Joseph’s Hospital. “We were able to obtain actionable molecular results in many cases that were initially insufficient by another testing method, helping us avoid additional FNAs and provide clearer guidance for patient care.” About ThyGeNEXT and ThyraMIRv2 Interpace’s unique combination platform integrates next-generation DNA/RNA mutatio

  • Interpace Biosciences Announces Second Quarter 2025 Financial and Business Results
    Aug 7, 2025Interpace Biosciences®, Inc. (IDXGD) News

      ● Q2 Revenue of $9.2 million   ● Q2 Cash Collections of $10.8 million   ● Q2 Thyroid test volume up 16% year-over-year to record levels   ● Q2 Thyroid revenue of $8.7M; up 25% year-over-year to record levels PARSIPPANY, NJ, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Interpace Biosciences, Inc. (“Interpace” or the “Company”) (OTCQX: IDXG) today announced financial results for the second quarter ended June 30, 2025 and provided a business and financial update. Second quarter Net Revenue was $9.2 million. Loss from continuing operations in the second quarter of 2025 was $0.5 million. “The Company achieved record Thyroid test volume, revenue, cash collections in the second quarter of 2025 driven by increased volume and collection initiatives. Our second quarter results were impacted by the loss of reimbursement for our PancraGEN® testing. The reported loss includes one-time charges of $1.2 million associated with the wind-down of PancraGEN® as we complete our transition to a company focused on Thyroid testing,” said Chris McCarthy, Chief Financial Officer. “Our strong cash position enabled strategic investments in lab operational efficiency, leveraging our AI and automation digital strategy, and allowed us to further strengthen our balance sheet through additional principal payments on our long-term debt agreement. The positive trends seen in Q2 have continued into the third quarter. Preliminary revenue for July 2025 was $3.3 million, marking a substantial 54% increase compared to July 2024.” McCarthy added. “Despite the loss of reimbursement for the Company’s PancraGEN test, Q2 2025 represented another quarter of year-over- year double digit Thyroid volume and revenue growth,” stated Tom Burnell, President and CEO. “We are excited about the Company’s continued growth in revenue, profitability and cash flow as a thyroid only clinical diagnostics business, which will be more adequately reflected in Q3 and beyond”, added Burnell. Further, Burnell said, “the strength and resiliency of the Interpace team, coupled with their ability to anticipate and prepare for change, has made for a smooth transition away from the unwarranted challenges as a result of loss of PancraGEN reimbursement to a thriving thyroid testing business”. Second Quarter 2025 Financial Performance For the Second Quarter of 2025 as Compared to the Second Quarter of 2024   ● Net Revenue was $9.2 million, a decrease of 23% from $12.0 million for the prior year quarter   ● Gross Profit percentage was

  • Interpace Biosciences Announces First Quarter 2025 Financial and Business Results
    May 8, 2025Interpace Biosciences®, Inc. (IDXGD) News

      ● Q1 Revenue of $11.5 million; a 13% increase year-over-year   ● Q1 Cash Collections of $11.3 million; a 10% increase year-over-year to record levels   ● Q1 Thyroid test volume up 16% year-over-year to record levels   ● Q1 Thyroid revenue of $8.0M; up 19% year-over-year to record levels   ● Initiates Full Year 2025 Revenue Guidance of approximately $38 million       PARSIPPANY, NJ, May 08, 2025 (GLOBE NEWSWIRE) -- Interpace Biosciences, Inc. (“Interpace” or the “Company”) (OTCQX: IDXG) today announced financial results for the first quarter ended March 31, 2025 and provided a business and financial update. First quarter Net Revenue was $11.5 million. Income from continuing operations in the first quarter of 2025 was $1.8 million, a $0.9 million improvement over the prior year quarter. “The Company achieved record Thyroid test revenue and cash collections in the first quarter of 2025 driven by increased volume and collection initiatives,” said Chris McCarthy, Chief Financial Officer. “The cash position of the Company allowed for additional investments in lab operational efficiency, driven by our AI and automation digital strategy, while simultaneously improving income from continuing operations. This also supported additional principal payments on our long-term debt agreement, continuing to improve the Company’s balance sheet. Based on our Q1 performance and current outlook, despite the loss of PancraGEN revenue after May 2, 2025, we are initiating full-year 2025 revenue guidance of approximately $38 million,” McCarthy added. “Despite the uncertainty of PancraGEN reimbursement, Q1 2025 represented another quarter of year-over- year double digit volume and revenue growth,” stated Tom Burnell, President and CEO. “We are pleased with the Company’s continued growth in revenue, profitability and cash flow. These historical trends have established a new foundation and expectation for companies in the diagnostics industry and the patients they serve,” added Burnell. First Quarter 2025 Financial Performance For the First Quarter of 2025 as Compared to the First Quarter of 2024   <td style="text-align: justify ; vertical-align:

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