BlueHat

Blue Hat Announces Financial Results for the First Half of 2023, Highlighted by 5,657.93% Increase in Revenues to $46.30 million

Retrieved on: 
Friday, December 22, 2023

First Half of 2023 total revenues of US$46.30 million, compared to US$0.80 million in the prior-year period, due to that increased commodity trading.

Key Points: 
  • First Half of 2023 total revenues of US$46.30 million, compared to US$0.80 million in the prior-year period, due to that increased commodity trading.
  • First Half of 2023 gross profit of US$0.08 million, a decreased of 70.87% from US$0.26 million in the prior-year period.
  • First Half of 2023 loss from operations of US$4.07 million, an increase of 69.79% from loss from continuing operations of US$2.40 million in the prior-year period.
  • Net loss from continued operation increased 77.52% to US$4.36 million for the First Half of 2023, from US$2.46 million in the prior-year period.

Protect AI Experts to Discuss AI/ML Bug Bounty Hunting at 2023 Microsoft Blue Hat Conference

Retrieved on: 
Tuesday, October 10, 2023

Protect AI , the leading artificial intelligence (AI) and machine learning (ML) security company, today announced that Chloé Messdaghi, Head of Threat Research and Dan McInerney, Lead AI Threat Researcher will present a session on AI/ML security bug bounty hunting at Microsoft Blue Hat this week.

Key Points: 
  • Protect AI , the leading artificial intelligence (AI) and machine learning (ML) security company, today announced that Chloé Messdaghi, Head of Threat Research and Dan McInerney, Lead AI Threat Researcher will present a session on AI/ML security bug bounty hunting at Microsoft Blue Hat this week.
  • Chloé Messdaghi is Head of Threat Research at Protect AI, and was previously a consultant for several security companies including Bugcrowd.
  • Dan McInerney is Lead AI Threat Researcher at Protect AI.
  • AI/ML security bug bounty hunting is a specialized field that focuses on identifying vulnerabilities and weaknesses in AI/ML systems to ensure their resilience against potential attacks.

BlueHat Cyber, a Silicon Sky Company, Simplifies Storage Management and Improves I/O and Replication across Data Centers with Tintri VMstore

Retrieved on: 
Thursday, June 15, 2023

Tintri technology allows BlueHat Cyber to offload time-consuming administrative storage tasks and replicate across data centers so it can focus on providing its clients with premium service.

Key Points: 
  • Tintri technology allows BlueHat Cyber to offload time-consuming administrative storage tasks and replicate across data centers so it can focus on providing its clients with premium service.
  • BlueHat Cyber, a Silicon Sky company, offers a comprehensive cyber security portfolio and assists in planning, design, integration, operation, and optimization of organizations' IT security requirements.
  • Virtual Data Center is running on 100% Tintri VM-aware technology because it is a proven purpose-built solution to store and manage virtualized workloads in enterprise data centers.
  • "We are proud to see Tintri VMstore deliver on simplified and worry-free data management as it has proven to do for BlueHat Cyber."

Blue Hat Announces Financial Results for Second Quarter and First Half of 2022, Highlighted by 78.2% Decrease in Revenues to $2.0 Million for First Half 2022

Retrieved on: 
Friday, December 30, 2022

Second Quarter 2022 gross profit of US $1.0 million, a decrease of 76.5% from US $4.3 million in the prior-year period.

Key Points: 
  • Second Quarter 2022 gross profit of US $1.0 million, a decrease of 76.5% from US $4.3 million in the prior-year period.
  • Second Quarter 2022 loss from operations of US $3.3 million, a decrease of 295.0% from income from operations of US $1.7 million in the prior-year period.
  • First Half 2022 total revenues of US $2.0 million, compared to US $9.2 million in the prior-year period.
  • First Half 2022 gross profit of US $1.2 million, a decrease of 81.4% from US $6.3 million in the prior-year period.

Blue Hat Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

Retrieved on: 
Friday, December 9, 2022

The notification has no immediate effect on the listing of the Company’s ordinary shares on Nasdaq.

Key Points: 
  • The notification has no immediate effect on the listing of the Company’s ordinary shares on Nasdaq.
  • If at any time before June 5, 2023, the bid price of the Company’s ordinary shares closes at or above US$1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written notification that the Company has achieved compliance with the minimum bid price requirement.
  • The Company intends to monitor the closing bid price of its ordinary shares between now and June 5, 2023.
  • Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users.

Blue Hat Announced the Completion of the Acquisition of Shengruihao Technology

Retrieved on: 
Friday, November 25, 2022

XIAMEN, China, Nov. 25, 2022 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or "the Company") (NASDAQ: BHAT) announced that Fujian Blue Hat Group Co. Ltd (Fujian Blue Hat), a wholly owned subsidiary of the Company, has acquired 100% equity interests of Xiamen Shengruihao Technology Co., Ltd. (Shengruihao), a company specialized in product supply chain services and integrated enterprise services, has been completed.

Key Points: 
  • XIAMEN, China, Nov. 25, 2022 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or "the Company") (NASDAQ: BHAT) announced that Fujian Blue Hat Group Co. Ltd (Fujian Blue Hat), a wholly owned subsidiary of the Company, has acquired 100% equity interests of Xiamen Shengruihao Technology Co., Ltd. (Shengruihao), a company specialized in product supply chain services and integrated enterprise services, has been completed.
  • Mr. Chen Xiaodong, CEO of Blue Hat, said: "I am glad to announce that the Company has completed the acquisition of Shengruihao through Fujian Blue Hat.
  • Blue Hat is a producer, developer and operator of AR interactive entertainment games, toys and educational materials in China.
  • Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users.

ChromaDex Corporation Reports Third Quarter 2022 Financial Results

Retrieved on: 
Wednesday, November 2, 2022

ChromaDex Corp. (NASDAQ:CDXC) today announced financial results for the third quarter of 2022.

Key Points: 
  • ChromaDex Corp. (NASDAQ:CDXC) today announced financial results for the third quarter of 2022.
  • Total net sales were $17.1 million, with $14.6 million from Tru Niagen, down (1)% each from the prior year quarter.
  • Net loss was $1.0 million or $(0.01) per share, an improvement of $0.12 per share from the prior year quarter.
  • We approached cash flow break even in the third quarter and remain on track to achieve this important objective next quarter, said ChromaDex CEO, Rob Fried.

ChromaDex Finalizes Commercial Joint-Venture in Asia and Announces $3.1 Million Private Placement of Common Stock

Retrieved on: 
Monday, October 3, 2022

The Company also announced that it entered into a securities purchase agreement for the sale of $3.1 million of its common stock in a private placement.

Key Points: 
  • The Company also announced that it entered into a securities purchase agreement for the sale of $3.1 million of its common stock in a private placement.
  • The private placement was led by existing strategic investors, and included an investment by ChromaDex CEO, Rob Fried.
  • The private placement is expected to close on or about October 7, 2022, subject to the satisfaction of customary closing conditions.
  • The shares of common stock being sold in the private placement will not have been registered under the Securities Act of 1933, as amended (the Act).

Blue Hat (BHAT. US) announces the signing of the memorandum of understanding on strategic cooperation with a Singapore Partner

Retrieved on: 
Tuesday, September 20, 2022

Bigg is a company utilizing the world's first independent online to offline (O2O) market driven by blockchain, engaging in digital technology products, online games, etc.

Key Points: 
  • Bigg is a company utilizing the world's first independent online to offline (O2O) market driven by blockchain, engaging in digital technology products, online games, etc.
  • Blue Hat is a leading communication services and IDC business provider and a producer, developer and operator of AR interactive entertainment games, toys and educational materials in China.
  • Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users.
  • These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

Sinopharm Xingsha to Introduce ChromaDex’s Tru Niagen® at Major Mainland China Trade Show, China International Natural Health & Nutrition Expo (NHNE)

Retrieved on: 
Monday, September 19, 2022

ChromaDex Corp. (NASDAQ:CDXC) today announced that Sinopharm Xingsha will debut Tru Niagen at the major mainland China trade show, China International Natural Health & Nutrition Expo (NHNE), which kicks off Tuesday, September 20, in Shanghai.

Key Points: 
  • ChromaDex Corp. (NASDAQ:CDXC) today announced that Sinopharm Xingsha will debut Tru Niagen at the major mainland China trade show, China International Natural Health & Nutrition Expo (NHNE), which kicks off Tuesday, September 20, in Shanghai.
  • NHNE is Asias largest expo on natural health and nutrition products, with over 100,000 distributors and retailers.
  • It is considered the best platform to help global manufacturers of health food and nutrition promote their brands and expand business channels in China, where Tru Niagen is currently sold cross-border.
  • We are grateful to Sinopharm Xingsha for leading the debut of Tru Niagen at NHNE.