AgriFORCE Growing Systems reported its first revenue of $41,315 for Q3 2024, with a gross profit of $7,123. The company recorded a net loss of $13.4M for the nine months ended September 30, 2024, compared to $7.7M loss in the same period of 2023, primarily due to a $4.1M intangible asset impairment charge related to its Manna patent.The company underwent significant restructuring, reducing headcount from 15 to 6 employees, resulting in decreased operating expenses. Notable changes included reductions in wages ($1.1M), consulting fees ($669K), and professional fees ($584K). The company completed the acquisition of Radical Clean Solutions in August 2024, expanding its hydroxyl generating devices business.Cash position decreased to $1.4M as of September 30, 2024, from $3.9M at year-end 2023. The company raised additional capital through convertible debentures and equity offerings, including a $2.1M ATM offering in November 2024. Management noted substantial doubt about the company's ability to continue as a going concern, citing the need for additional financing to fund operations and technology development.

AgriFORCE Growing Systems reported its first revenue of $41,315 for Q3 2024, with a gross profit of $7,123. The company recorded a net loss of $13.4M for the nine months ended September 30, 2024, compared to $7.7M loss in the same period of 2023, primarily due to a $4.1M intangible asset impairment charge related to its Manna patent.The company underwent significant restructuring, reducing headcount from 15 to 6 employees, resulting in decreased operating expenses. Notable changes included reductions in wages ($1.1M), consulting fees ($669K), and professional fees ($584K). The company completed the acquisition of Radical Clean Solutions in August 2024, expanding its hydroxyl generating devices business.Cash position decreased to $1.4M as of September 30, 2024, from $3.9M at year-end 2023. The company raised additional capital through convertible debentures and equity offerings, including a $2.1M ATM offering in November 2024. Management noted substantial doubt about the company's ability to continue as a going concern, citing the need for additional financing to fund operations and technology development.