Check out who leads Group 2 in points, goals, assists, and more so far this season.
NexGel (NASDAQ: NXGL ) held its first-quarter earnings conference call on Friday. Below is the complete transcript from the call. This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit https://www.benzinga.com/apis/ for a consultation. View the webcast at https://viavid.webcasts.com/starthere.jsp?ei=1763347&tp_key=e399f99e4c Summary NexGel reported first quarter 2026 revenue of $2.65 million, a slight decrease from $2.81 million in the same period last year, primarily due to lower sales from the Silly George product line. The company recently completed the acquisition of the BioNx division, anticipated to triple annual revenue to approximately $35 million and be immediately accretive to profitability. NexGel raised $13.8 million to fund the acquisition, with $8.8 million in cash and a $5 million convertible note issued to Cellularity. Management highlighted the strategic partnership with Sequence Life Science, which invested $5.5 million, enhancing NexGel's manufacturing, product development, and distribution capabilities. Dave Hazard was appointed as Vice President of Sales for Bionic Surgical, expected to drive sales growth for NexGel's new regenerative biomaterial products. Three 510k devices are in development, with commercialization targeted for 2026, 2027, and 2028, representing $4.6 million in invested paid-in capital. The company appointed Ian Blackman as the new CFO to oversee the integration of the acquisition and accelerate growth. NexGel plans to provide further updates on the integration and financial performance in its second quarter financial results in August. Full Transcript OPERATOR Thank you for your continued patience. Your meeting will begin shortly. If you need assistance at any time, please press star zero and a member of our team will be happy to help. Please stand by. Your meeting is about to begin. Good afternoon. I will be your conference operator today. At this time I would like to welcome everyone to NexGel's Shareholder Update conference call. I will now turn the call over to Valter Pinto, Managing Director of KCSA Strategic Communications for introductions. Please go ahead. Valter Pinto Thank you, operator. Good afternoon and welcome everyone to NexGel's shareholder Update conference call. I'm joined today by Adam Levy, Chief Executive Officer. Before we begin, I'd like to remind everyone that statements made during today's conference call may be deemed forward looking statements within the meaning of the safe harbor of the Private Securities Litigation Reform act of 1995 and actual results may differ materially due to a variety of risks, uncertainties and other factors. For a detailed discussion of some of the ongoing risks and uncertainties in the company's business, I refer you to our filings with the SEC filed periodically. The company disclaims any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by law. With that, it's my pleasure to turn the call over. Adam Levy. Adam, please go ahead. Adam Levy (Chief Executive Officer) Thank you Valter. And thank you everyone for joining us today. On today's call, I would like to provide an overview of our first quarter 2026 financial results and bring everyone up to speed on the progress we have made on the integration of the acquisition. We recently closed in mid April. Starting with our first quarter results. Revenue for the first quarter totaled 2.65 million as compared to 2.81 million for the same period last year. The business year over year was relatively flat, with sales from Silly George coming in lower, which were partially offset by revenue growth in both contract manufacturing and our MediGel brand during the quarter. The increase in our SG&A was due primarily to costs incurred relating to the acquisition of our Bionics division and the Kiss Nail Products legal case which has since been settled. Cash and restricted cash as of March 31, 2026 was approximately $2.1 million. As of today, our cash on hand is $1.8 million. In total, we have raised $13.8 million, comprised of $8.8 million received in cash and 5 million of our convertible note delivered to Cellularity to fund the acquisition and to provide the business with working capital. The first quarter does not include any revenue from our acquisition. In the second quarter we have already seen sales from Silly George normalize and recover and we will begin accounting for revenue from our acquisition for about half of the second quarter. The financing for Bionics was led by Sequence Life Science with a 5.5 million investment that not only strengthened the financing structure of the transaction but also aligns us with a partner that enhances our capabilities across manufacturing, product development and distribution. Importantly, this transaction replaced a financial lender who was seeking a near term exit which with a long term strategic partner who is focused on supporting the long term growth and execution of our business. Brian J. Keizer and Kevin Harris, CEO and COO of Sequence Life Science, have since joined our Board of Directors. Brian and Kevin bring deep industry experience, product innovation and a strong distribution network that will help us grow and expand the potential of our new acquisition. I am very excited to have them in our corner and I'm looking forward to working with them to grow the business. The Bionics portfolio includes six established regenerative biomaterial products, positioning us squarely within one of the fastest growing segments of healthcare. These are not early stage assets, they are commercial stage products with more than a decade of clinical use, demonstrated real world utility and already have existing reimbursement pathways. These products are approved in approximately 500 hospitals across the US and represent a large opportunity for bionics in several surgical specialties as well as wound care. To lead this effort, we recently appointed Dave Hazard as Vice President of Sales for Bionic Surgical, who brings more than 13 years of sales leadership across Orthopedics, spine Biologics and joins the company in an important stage in its commercial growth phase. He has a strong track record of building scalable sales infrastructure and establishing the kind of enterprise partnerships that drive repeatable revenue. His expertise in biologics and commercial execution will be instrumental as we continue expanding operations for our newly formed Bionics division. In addition to our existing products, we currently have three 510k devices in development within our pipeline. These programs represent approximately $4.6 million in invested paid in capital and are targeted for commercialization in 2026, 27 and ... Full story available on Benzinga.com
More than a dozen parents gathered before sunrise Thursday morning at the Rockford Elementary School District board meeting to voice concerns over student safety and the districtâs handling of an alleged death threat involving two sixth-grade students earlier this spring.
US Gasoline Inventories Plunging On Surging Exports, Resilient Demand Prompt Brent/WTI crude nearby futures increased by 5/7% week-over-week to $105/101 as flows through the Strait of Hormuz remained very low and on limited signs of progress on a US-Iran deal. Meanwhile, as global oil inventories collapse at a record pace yet sliding Chinese demand and strategic releases from Beijing keep crude prices relatively stable, Goldman writes that the US gasoline market has become very tight, with inventories drawing at a rapid average pace of 0.7mb/d since April 1st to 5% below their historical seasonal median this week. This has been driven by a combination of: Surging net exports demand. US gasoline net exports are up 0.34mb/d year-over-year (4-week average) Resilient domestic demand. Gasoline demand is resilient at just 0.2mb/d below its year-ago level (no demand destruction yet) and we are now entering the summer driving season. Price incentives to shift production to distillates . Strong jet fuel and diesel margins are incentivizing refineries to increase yields of those products. On the pricing side, wholesale gasoline prices in the US are approximately 15% ($21/bbl) higher than in Asia and Europe ( Exhibit 1 above ), and US retail prices are just $0.5/gal below their all-time high. Goldman says that while it's not the bank's base case, the probability of US oil export restrictions likely rises with US retail gasoline prices. Turning to oil, the IEA estimates in its latest Oil Market Report (OMR) an April deficit of 5.3mb/d, suggesting that the deficit may be less large than most had estimated last month, driven by: Slightly lower IEA demand. Since the beginning of the crisis, the IEA has cumulatively (May - Feb OMR) downgraded its estimate of April demand by 3.1mb/d to 100.4mb/d (vs. a slightly smaller downgrade of 2.9mb/d in Goldman's balance). By product: Net cumulative downgrades by the IEA were largest (in mb/d terms) for LPG and ethane (11%), naphtha (13%), and jet and kerosene (7%) for which Goldman has also been seeing the highest risks of scarcity of supply. By region: Net cumulative downgrades were largest for the Middle East (11%), China (5%), EM Asia ex China ex India (5%), and OECD Asia Oceania (7%). Notably, the IEA upgraded US demand from last monthâs OMR by 0.5mb/d on resilient diesel and gasoline demand. Less large IEA drop in Middle East Supply. The IEA estimates Gulf (defined as Iran, Iraq, Kuwait, Qatar, Saudi Arabia, UAE) crude supply in April at 15.0mb/d, which is 4.0mb/d higher than the previous Goldman balance estimate (11.0mb/d) and 1.2mb/d higher than OPEC secondary sources (13.8mb/d). The IEA supply beat was driven primarily by Iran and the UAE, likely reflecting less binding storage constraints than expected due to untrackable storage capacity. The IEA reports that SPR releases from IEA countries averaged 2.1mb/d in April (but picked up significantly in the second half of the month) . This has been a significantly larger offset for crude than for refined products â of the 90mb of total government inventories released since March 11th, 82mb are crude oil, while only 8mb are refined products. US production in 2026 Q1 also surprised to the upside, with the modest beats concentrated in oil production by E&Ps (+2.1%) and liquids production by majors (+1.3%). More in the full Goldman oil tracker note available to pro subs . Tyler Durden Fri, 05/15/2026 - 12:25
Seko Logistics is partnering with StratDef Logistics to support its government, space and defense business in Europe, the Middle East and Africa.
Nitro Circus' 2026 "2.0" tour stops at NavyâMarine Corps Memorial Stadium on Aug. 23 with 100+ stunts; tickets went on sale in April.
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The alternative rock group's exploration of the genre they love will pump you up, break you down and leave you begging for more. The post Denver Band French Cuffs Unleashes Excellent Debut Album appeared first on Denver Westword .
The Rays have designated right-hander Aaron Brooks for assignment and recalled fellow righty Trevor Martin from Triple-A Durham in a corresponding move, per Marc Topkin of the Tampa Bay Times.
EXCLUSIVE: Paula Ortiz has set her next film as Brothers Land, which will see the Spanish filmmaker team with AF Films and frequent Quentin Tarantino collaborator Shannon McIntosh. The project, which is based on an article published in 2018 by Arturo PeÌrez-Reverte dubbed âLa Tierra de Nadieâ (âNo Manâs Landâ), is a historical drama set during [...]
Cole Sprouse is getting ready to become an uncle! On Thursday (May 14), Dylan Sprouse and wife Barbara Palvin Sprouse [...] The post Cole Sprouse Reacts to Brother Dylan Sprouse & Wife Barbara Palvinâs Pregnancy Announcement appeared first on Just Jared - Celebrity News and Gossip | Entertainment .
Inspired by the three main characters (Woody, Jessie and Buzz Lightyear), the new collection offers soap and deodorant scents for both men and women.
CNBC's Phil LaBeaue reports on Canada welcoming Chinese EVs to its market.
The S&P 500 has had a rough 2026. Johnson & Johnson has not. JNJ (NYSE: JNJ ) is up 11% year-to-date, just beat first-quarter revenue estimates by half a billion dollars, and crossed $100 billion in annual revenue for the first time in its history. While the broader market hunts for footing, one of Wall Streetâs oldest blue-chip names is quietly putting up its best numbers in years. Whatâs driving it â and whether it can last â is a more complicated story. One that involves a 64-year dividend streak, a blockbuster cancer drug pipeline, thousands of pending lawsuits, and a nearly unanimous buy call from Wall Street analysts whoâve seen all of it and still like the stock. Johnson & Johnson (NYSE: JNJ ) has always occupied a singular place in both corporate America and on Wall Street. Exhibit A: JNJ is the only company in the world that can freely use the Red Cross symbol, thanks to a special act of Congress. âNo other company in the world owns such a license,â says Gardner Harris, author of No More Tears: The Dark Secret of Johnson & Johnson . âThe Red Cross symbol is the most cherished in healthcare, one that engenders feelings of trust, respect, and admiration. J&Jâs ability to link its own brand with a universally recognized emblem of care and reassurance is priceless.â Thatâs just for starters. Among institutional investors, Johnson & Johnson has long been a âbuy and holdâ cornerstone, and for straightforward reasons. The stock checks nearly every box serious money managers look for in a core holding: durable earnings growth, recession resistance, steady and growing dividends, and revenue streams diversified enough that no single setback can knock the whole thing over. For years, some analysts have called JNJ a âsleep well at nightâ stock. Is that still the right call in 2026? Hereâs what the latest data and the analysts who cover it most closely say. A Routinely Robust Recommendation Letâs start with the consensus view. Trading at $230 per share and up 11% year-to-date, a Benzinga review of analyst sentiment from Leerink Partners, Barclays, and Stifel shows approximately 12% share-price upside from current levels, with an average price target of $257. Benzingaâs analysis flags JNJ as a top pick primarily because of its strong performance in MedTech and Vision, as well as plans to spin off its Ortho business in 2027 and the upcoming launch of TECNIS PureSee. âJNJâs focus on double-digit sales growth ... Full story available on Benzinga.com
A proposed six-story hotel, next to the Market Basket store off Route 128, remains only a blueprint.
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Alex Smalley, chasing his first PGA Tour title, grabbed a one-stroke lead in Friday's second round of the PGA Championship as cold and windy Aronimink played havoc with contenders.Smalley has top-20 finishes in his past four PGA Tour starts, including second at the pairs event in New Orleans and seventh two weeks ago at Doral.
THE cream of the female crop descends upon Shelbourne Park tonight as Irelandâs leading ladies line up for nine first-round heats of the... Read More
It's 2016, and I am writing about how everyone is talking about Tracer's butt. It's 2026, and I am writing about how everyone is talking about Tracer's butt. Today's got me feeling like Doctor Manhattan as Tracer's butt is once again over my social media timeline, just like the good old days before Overwatch's original launch, but this time it's because she's invaded Fortnite with her newly-portly cheeks. And it's all anyone can seem to talk about. Screenshot by Destructoid The controversy way back in 2016 began when Blizzard removed a "suggestive" victory pose for the game's unofficial mascot, and replaced it with a slightly different one. Just check out this 2016 Destructoid article about the Tracer asspocalypse to see what I'm referencing. And now, Tracer's arrival in Fortnite (along with D.Va, Mercy, and Genji) has brought about an ass-tounding revival of the discussion, but for a different reason: Tracer is totally cheeked up in the free-to-play battle royale game, and her glutes seem to be way larger than they are in the actual Overwatch game. Since the Overwatch -themed Fortnite update dropped yesterday, the discussion has centered around her spandex-clad rump yet again. Not about how Tracer's pistols can be picked up in battle royale, along with Mercy's staff, nor about how multiple Overwatch maps are represented in the map in cool ways as part of the collaboration. Nope. It's all about the booty. Just take a look at some of the stuff people are posting: https://twitter.com/cap_yogurt/status/2054958426309210159 https://twitter.com/muselk/status/2054903583125143581 https://twitter.com/eshenta_/status/2055001589274841366 https://twitter.com/klarque_clint/status/2055001934344692197 https://twitter.com/serinide/status/2055187935578988880 You, too, can stare at Tracer's posterior for just 1,600 V-Bucks in the Fortnite shop right now. I do think it's funny that the conversation about Overwatch's 10th anniversary has been hijacked and dominated by the Fortnite collab because OW's actual in-game event for the occasion is rather lackluster by comparison . And the 4,200 V-Bucks bundle including all Overwatch items is the top-seller in Fortnite's Item Shop, to no one's surprise. It's 2036, and I am writing about how everyone is talking about Tracer's butt. The post 10 years after Overwatchâs launch, Tracerâs butt is a hot topic all over again appeared first on Destructoid .
This Canadian-market 2004 BMW M3 convertible was purchased new by the current owner and has 83k (~52k miles). Finished in Carbon Black Metallic over black Nappa leather, the car is powered by a 3.2-liter inline-six linked with a six-speed manual transmission and a limited-slip differential. Features include a black soft top, 19" M double-spoke Style 67 wheels, Park Distance Control parking sensors, heated power-adjustable front sport seats, a Harman Kardon sound system, a BMW Business CD stereo, and automatic climate control. This E46 M3 is offered in Canada on behalf of the current owner by the seller, a BaT Local Partner , with a US Carfax report and Alberta registration.
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Haiti has officially set its roster for the 2026 FIFA World Cup. Here is the entire 26-man squad for the Haiti national team.
The PGA Championship continues today, as golfers compete in round 2. Fans can watch the golf tournament for free online.
The star has discussed wanting a child for several seasons of the show. Thursday's episode revealed she is now expecting.
ORICO 25W GaN 8-in-1 USB-C Power Strip Buy for $14 (Reg. $20) What we love With up to 25W charging speeds, this affordable power strip beats out the competition at just $14 Prime shipped. In total youâll find two USB-A, two Type-C, and four AC outlets in tow. more...
The 2026 Mazda CX-5 is a highly recommended compact SUV, featuring a redesigned exterior, spacious interior, and powerful 2.5-liter engine, with prices starting at $39K. The post Street Lines: 2026 Mazda CX-5 Premium Plus appeared first on The Atlanta Voice .
Agreement to Combine Modular AI Compute, Energy-Integrated Infrastructure, and Revenue-Sharing Model Expected to Be Valued at $25 Million
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This 1954 Ford F-100 is said to have spent 57 years under the care of a single family in Utah and Colorado before being acquired by the seller in 2011. The truck was refinished in Forest Green and black metallic around 2010, and the 223ci "Cost Clipper" inline-six was also rebuilt at that time. Features include a four-speed manual transmission, 15âČâČ steel wheels, a side-mounted spare wheel and tire, turn signals, a cabin heater, and a wood-lined cargo bed. Updates under current ownership involved a 12-volt electrical conversion, PerTronix ignition, an American Autowire wiring harness, Wilwood front disc brakes, LED lighting, an FM conversion for the Motorola tube radio, and more. This F-100 is now offered with a clean Kentucky title in the seller's name.
Andy Burnham may have a route back to Westminster â and a path to the Labour leadership. But first the Greater Manchester mayor must win a byelection in Makerfield, where Nigel Farage has vowed Reform UK will âthrow absolutely everythingâ at the contest. Lucy Hough speaks to the Guardianâs north of England correspondent Hannah al-Othman, who has been talking to voters in the constituency Continue reading...
Rapper Kodak Black was arrested in Pompano Beach in Broward County. It was his second arrest in Florida in a month.