Precipio Takes Major Steps Toward a Clean Balance Sheet
Precipio, Inc. (PRPO)
US:NASDAQ Investor Relations:
precipiodx.com/investors.html
Company Research
Source: GlobeNewswire
NEW HAVEN, Conn., Jan. 15, 2026 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO) has made major strides in cleaning up its balance sheet with two major accomplishments: 1. Major obligation repaid A $1.1 million advance from Change Healthcare (“CHC”), the Company’s clearinghouse service for billing claims processing, has been repaid. CHC experienced a cybersecurity incident in 2024 and advanced Precipio and others funds to cover collections shortfalls. In early January 2026, the Company completed its repayment of that advance. Precipio maintains a small loan with the Connecticut Department of Economic and Community Development in the approximate principal amount of $80,000 (amortized at $3,000/month with a 3.25% interest rate, to be paid in full by May 2028). Other than this minor loan, Precipio has a debt-free balance sheet. 2. All financial warrants exercised As part of a 2023 financing, the Company issued warrants to participating investo
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News
- Precipio to Showcase its BCR::ABL1 panel at 2025 ASH (American Society of Hematology) Meeting [Yahoo! Finance]Yahoo! Finance
- Precipio to Showcase its BCR::ABL1 panel at 2025 ASH (American Society of Hematology) MeetingGlobeNewswire
- Precipio Identifies Unauthorized Access to Isolated Storage; No Operational ImpactGlobeNewswire
- Precipio Stock Up Following Solid Q3 Earnings and Improved Cash Flow [Yahoo! Finance]Yahoo! Finance
- Precipio, Inc. (PRPO) Q3 2025 Earnings Call Prepared Remarks Transcript [Seeking Alpha]Seeking Alpha
PRPO
Sec Filings
- 1/6/26 - Form 4
- 1/6/26 - Form 4
- 1/6/26 - Form 4
- PRPO's page on the SEC website