Scinai posts H1 net profit on $6.4 million bargain-purchase gain, offsetting wider CDMO gross loss

Cash and cash equivalents were $2.7 million at June 30, 2026; operating cash outflow was $3.9 million.

For the six months ended June 30, 2026, revenue rose to $0.9 million from $0.8 million, driven by Yavne.

Cost of revenue increased to $3.3 million from $2.0 million, reflecting a higher fixed cost base post-acquisition.

Gross loss widened to $2.4 million from $1.3 million; operating loss deepened to $4.6 million from $3.8 million.

Net profit was $1.6 million versus a $4.1 million loss, mainly due to a $6.4 million bargain-purchase gain.