Company: OPGN
Filing Date: 2025-08-21
Form Type: 10-K
Source: 0001829126-25-006628
Chunk: 1118

Company: OPGEN INC
Filing Date: 2025-08-21
Form: 10-K
Item: Item 6
Chunk 1118
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    Impairment of property and equipment

    -

    1,231,874

    Loss on deconsolidation of subsidiaries

    75,138

    12,979,061

    Total operating expenses

    4,871,432

    34,166,975

    Operating income (loss)

    324,717

    (30,748,655
    )
  
    Other income (expense)

    Interest and other income, net

    371,444

    142,488

    Interest expense

    (7,555
    )

    (1,838,933
    )
  
    Gain on extinguishment of debt

    9,738,487

    -

    Gain on impairment adjustment

    2,079,575

    -

    Gain on settlement of compensation expenses

    570,785

    -

    Change in fair value of EIB loan guaranty

    (908,586
    )

    -

    Foreign currency transaction gains (losses)

    575

    (289,306
    )
  
    Change in fair value of derivative financial instruments

    -

    65,876

    Total other income (expense)

    11,844,725

    (1,919,875
    )
  
    Income (loss) before income taxes

    12,169,442

    (32,668,530
    )
  
    Provision for income taxes

    (176,662
    )

    -

    Net income (loss)
     
    $
    11,992,780

    $
    (32,668,530
    )

    Net income (loss) allocated to preferred stockholders - basic

    (636,742
    )

    -

    Net income (loss) available to common stockholders - basic
     
    $
    11,356,038

    $
    (32,668,530
    )

    Net income (loss)
     
    $
    11,992,780

    $
    (32,668,530
    )

    Net income (loss) allocated to preferred stockholders - diluted

    -

    -

    Net income (loss) available to common stockholders - diluted
     
    $
    11,992,780

    $
    (32,668,530
    )

    Earnings (loss) per share attributable to common stockholders