Louisville, Colorado, Aug. 14, 2024 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), is reporting results for the three months ended June 30, 2024. Second Quarter 2024 Financial Summary (in $ thousands, excl. margin items): Q2 2024(unaudited) Q1 2024(unaudited) Q2 2023(unaudited) Revenue $1,761 $235 $1,064 Gross Profit $180 $(154) $79 Operating Expenses $657 $769 $783 Net Income/(Loss) $(470) $(917) $(694) “We continue to operate under the lean c
Louisville, Colorado, June 04, 2024 (GLOBE NEWSWIRE) -- CEA Industries Inc. (the “Company”) (NASDAQ: CEAD) announced that it approved a 1-for-12 reverse stock split of the outstanding shares of common stock and corresponding adjustment to the publicly traded common stock purchase warrants. Pursuant to the reverse stock split, each twelve (12) shares of the Company’s outstanding common stock, $0.00001 par value per share, will be automatically combined and converted into one (1) outstanding share
Louisville, Colorado, May 14, 2024 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD, CEADW) (“CEA Industries” or the “Company”), is reporting results for the three months ended March 31, 2024. First Quarter 2024 Financial Summary (in $ thousands, excl. margin items): Q1 2024(unaudited) Q4 2023(unaudited) Q1 2023(unaudited) Revenue $235 $251 $4,683 Gross Profit $(154) $(286) $853 Operating Expenses $769 $709 $1,299 Net Income/(Loss) $(917) $(988) $(431) “We continue to address the level of o