Cortes Law Firm, known for its leadership in probate and estate planning, stands committed to providing top-notch legal services in Oklahoma City. This firm focuses on trusts, wills, and estate administration, making it a key resource for those dealing with the often tricky probate and estate planning processes. Nestled in the heart of Oklahoma City, the firm blends professional expertise with a welcoming approach to all estate-related legal issues.
Led by Stephen L. Cortes, a skilled attorney with over 26 years of experience, the firm offers essential support for those involved in estate planning and probate. Their areas of practice include estate planning, probate law, and trust administration, showcasing their commitment to meeting the needs of Oklahoma families. As highlighted in a recent Cortes Law Firm Press release, the firm has continued to adapt its methods to suit the changing legal environment in the state.
Estate planning at Cortes Law Firm involves preparing legal documents intended to allocate clients’ assets according to their specific wishes. The firm’s dedication to straightforwardness and efficiency seeks to simplify the process, making estate planning accessible for everyone, no matter the size of the estate. Stephen L. Cortes explains, “We customize each estate plan to match the individual’s wishes, providing peace of mind.”
The firm also excels in guiding clients through the Oklahoma probate procedure, helping them tackle the complex legal tasks following a loved one’s passing. The Oklahoma probate can be a maze for many, but the seasoned direction from the firm can alleviate those difficulties. With extensive experience, Cortes Law Firm assists clients with probate court documents and managing executor duties in Oklahoma.
Beyond estate planning and probate services, the firm offers general counsel and help with probate real estate. Stephen L. Cortes continues his tradition of devoted public service, drawing from his time as General Counsel for Governor Henry. He remarks, “Our aim is to defend our clients’ interests and provide thorough, knowledgeable representation through every legal challenge they face.”
Conveniently located off the North Broadway Extension in Oklahoma City, Cortes Law Firm is perfectly positioned to serve clients throughout the city. This central location allows the firm to support residents with estate planning, probate law, and trust management, focusing on personalized service and continual relationship building. At Cortes Law Firm Oklahoma, tailored approaches ensure clients receive the attention and care they need.
Visitors to the firm’s website will find a wealth of resources, including guides on estate planning ideas and probate processes. The site also provides educational videos covering topics like the role of corporate trustees in estate planning and tips for selecting an effective estate planning attorney. By sharing these resources, Cortes Law Firm helps Oklahoma City residents and remains a trusted advisor in these fields.
Cortes Law Firm is noted for its dedication to clear communication and its clients. Each case receives individual attention, ensuring assets are maintained and distributed as the client desires. With reviews averaging 4.9 out of 5, the firm is celebrated for its professionalism, responsiveness, and assistance. Over the years, the firm has handled complex legal issues with expertise and dedication, making it a respected entity in the Oklahoma legal community.
For those in Oklahoma City needing advice on probate or estate planning, contacting Cortes Law Firm at (405) 213-0856 or visiting the firm’s website can provide valuable guidance. By fostering transparency and building client trust, the firm continues to prove itself a reliable and effective legal partner in Oklahoma City.
Cortes Law Firm reasserts its place as a pillar of expertise in estate legal matters, committing wholeheartedly to client interests and the wider Oklahoma City community. Through this dedication, Cortes Law Firm Press works to keep clients informed and engaged with ongoing developments and services.
RALEIGH, NC / ACCESS Newswire / August 19, 2025 / In a move that will help Sunseeker gain an important position in the smart lawn market, the company has announced that its smart robotic mowers are now available at Lowe’s online shopping platform. This launch aims to provide advanced, environmentally friendly lawn care technology to homeowners in the United States.
The Sunseeker CEO said:
“We think of a future in which robotic lawn care is not the exception anymore, but the rule, at Sunseeker. By collaborating with Lowe’s, we are capable of earning the business of even more homeowners than before, and also provide them with the ease, accuracy, and sustainability that has become synonymous with the Sunseeker experience.”
Smart Lawn Care Just Leveled Up
The partnership with Lowe’s is a significant step forward in Sunseeker’s history, since the company has the vision of transforming maintenance in the outdoors through innovative robotics. Lowe’s, being one of the most reliable home improvement companies in America, provides an excellent route to reach the technological-savvy customers who want smarter, greener solutions for their properties. The action also classifies robotic mowing further as a mainstream product rather than expensive and uncommon.
Innovation Off The Ground with Sunseeker X7 Range
The central product in the product distribution channel of Sunseeker is the X7 series of robotic mowers. It is considered a product that is expected to change how homeowners treat their lawns. The X7 is constructed with the latest artificial intelligence, RTK (Real-Time Kinematic) navigational technology, and precision-engineered parts. These provide professionals with the results that can compete and, in most cases, outperform traditional mowing services.
Some of the Major capabilities:
Adaptive mowing patterns that scale to the environmental conditions in a real-time fashion, achieving even mowing and healthier lawns
RTK-level accuracy in positioning that lets the mower work with centimeter precision; no perimeter wires are required
The multi-zone management, which enables the homeowner to set and manage various areas of his/her lawn without complications
Technology that detects and avoids obstacles safely for those around pets, children, and outdoor furniture
Weatherproof toughness, which includes an IPX certification, allows mowing through a light rain shower and general dust and dirt resistance
The X7 provides a performance that is low in noise and energy efficient through its electric motor. This makes it less impactful on the environment and minimizes nuisance to the neighbours.
Note: A companion mobile app allows homeowners full remote control of the mower. It has scheduling and makes the mower a vital part of the smart home ecosystem.
A Standardized Sustainability and Expanse
Both Sunseeker and Lowe’s commit to the production of products that will improve and upgrade life with minimal harm done to the environment. Robotic lawn mowers, such as the X7, assist in limiting the amount of carbon emissions and noise pollution.
Moreover, the mower has a smart scheduling that enhances better animated cutting according to the patterns of the grass. This leads to healthier turf and avoids wastage of resources. Through incorporating the product line of the Sunseeker in its online shop, Lowe’s is offering its existing customers an eco-friendly product line. This can be consistent with the current shift in demand for home improvement products.
Luxury vs Lifestyle Needed
What was at one time seen to be an advanced piece of technology is now starting to become the norm in the household. Robotic mowers are time and energy-efficient; they help to maintain the health of your lawn and work without much human interaction, which leaves the property owner with more free time and less hard work.
The user-friendly design of Sunseeker means that its customers do not need to be technically qualified to initiate and enjoy the products produced by the company. The X7 series is easy to install, the controls in the app are simple to use, and the system is programmed itself. This increases its availability to a large number of homeowners. The move toward democratized smart lawn care technology shows the larger trend of home automation.
Purchase and Availability
TheLowe’s, which specializes in selling high-quality tools and appliances, has now begun direct selling of Sunseeker robotic mowers. The X7 series is considered the flagship series among them. The customers can experience product lineups, feature comparison, and reliable shipping and customer care service centers offered by Lowe’s.
To learn more about the full range of Sunseeker products, refer to the official site sunseekertech.com. Follow Sunseeker through social media to receive the latest updates, tutorials, and product experiences:
Sunseeker Robotic Technology is an innovation leader in intelligent lawn care. It is striving to reconceive outdoor living in terms of both innovation and sustainability, and customer-centric design. Its product range consists of versatile robotics, AI-based navigation, and environmentally friendly engineering. It enables homeowners to have the same professional-level capabilities in lawn work as they can with professional mowing without the time and labor costs.
Kung Fu Thai & Chinese Restaurant in Las Vegas is excited to introduce a newly expanded online menu, adding a fresh variety to its already wide range of dishes. Patrons now have even more opportunities to enjoy their favorite meals, whether they’re dining in, picking up, or having food delivered straight to their doorstep. Alan Wong, a representative from the restaurant, noted, “We’ve always been committed to providing authentic Thai and Chinese cuisine. By expanding our online menu, we’re making it even easier for our customers to enjoy their favorite dishes right at home.”
The updated online menu includes a broader selection of both traditional and modern dishes, allowing diners to discover new favorites. Customers can easily explore these options through the restaurant’s user-friendly online ordering system. This system is designed for convenience, letting users browse effortlessly through various categories and select their meals without hassle.
Some of the new highlights include more vegetarian options, an increased variety of noodle dishes, and fresh appetizer choices. Diners can continue to savor classics like mango sticky rice, a popular dessert, now available alongside new and exciting options. For a smooth online experience, customers can visit https://www.kungfuplaza.com/online-ordering-information, which provides detailed instructions on using the online ordering platform.
In addition to menu enhancements, Kung Fu Thai & Chinese Restaurant remains dedicated to offering reliable food delivery services all over Las Vegas. Quality is a top priority, with each dish reflecting the restaurant’s high standards. Whether customers want a quick take-out, a relaxed dine-in, or a meal delivered to their home, freshness and flavor are always guaranteed.
The Kung Fu Thai Chinese Restaurant Online Food Delivery Service in Las Vegas adds to its convenience by providing special deals and discounts. These offers are frequently updated on the restaurant’s website and social media platforms, allowing customers to enjoy their meals even more. Alan Wong added, “These specials are just another way we show appreciation for our loyal patrons.”
Gift certificates are also available, perfect for those looking to treat friends or family to a meal at their convenience. With these certificates, alongside online ordering and delivery services, Kung Fu Thai & Chinese makes dining easy and accessible for everyone.
The restaurant’s website caters to a global audience by supporting multiple currencies. Payments can be made through cash, PayPal, and major credit cards. For those who prefer digital currency, Bitcoin is also accepted.
For anyone eager to try the new menu and experience what Kung Fu Thai & Chinese Restaurant has to offer, visit their online portal. Whether choosing to dine out or prefer to Order Food Delivery in Las Vegas by Kung Fu Thai Chinese Restaurant, there’s something for every taste.
In conclusion, whether one is opting for take-out, enjoying a delivery, or dining in, Kung Fu Thai & Chinese Restaurant ensures a top-notch meal with unmatched convenience. The expanded online menu demonstrates the restaurant’s strong commitment to customer satisfaction. Explore the exciting new menu options by visiting the restaurant’s website and prepare to enjoy a delightful dining experience.
Go Industries Inc., renowned for its top-notch truck accessories, law enforcement equipment, and custom manufacturing services, is rolling out its latest innovation, the Go Industries winch grille guard system for trucks. This product is built to deliver solid protection and add versatility for truck owners who need dependable front-end solutions.
This new grille guard system is easy to notice with its modular design, providing a strong setup for adding a winch carrier and brush guards. It’s crafted from solid 5/16 laser-cut steel uprights and 2.5-inch 16-gauge steel cross tubes. This means truck owners get serious protection against road debris and hazards in off-road environments. The installation is made simple with custom, heavy-duty mounting brackets that ensure strong and durable attachment.
Moreover, truck owners can choose to add brush guards, improving both the vehicle’s looks and safety. These extras not only follow the vehicle’s lines but also add a second layer of protection for the headlights. The system supports optional 9.5 or 16.5 winch carriers to meet different towing needs.
John Doe, CEO of Go Industries, stated, “We pride ourselves on providing products that are not only reliable but also versatile and tailored to meet the unique needs of our customers. The new winch grille guard system is a prime example of our commitment to innovation and quality. We are confident that this addition to our lineup will meet and exceed the expectations of our customers.”
Additionally, the winch grille guard system is supported by a three-year warranty on materials, workmanship, and finish, providing customers with assurance on product quality. The commitment to excellence at Go Industries is further highlighted by the fact that all products are proudly manufactured in the USA.
This new product complements Go Industries’ extensive array of truck accessories, law enforcement vehicle equipment, and custom manufacturing services. Their truck offerings include grille guards, bumper replacements, headache racks, and more, all aimed at improving vehicle functionality and protection. In the law enforcement sector, the company equips vehicles with specific accessories and skid plates designed for greater safety in tough conditions. For a detailed look at these offerings, explore the dedicated sections on their website.
For those in need of custom solutions, Go Industries offers tailored manufacturing services, allowing products to be customized to exact needs. Customers can easily obtain quotes for personalized needs directly from the Go Industries website.
Jane Smith, Product Development Manager at Go Industries, expressed her thoughts on the company’s ongoing growth, saying, “Our mission is to deliver high-quality, customized solutions that cater to the diverse needs of our clients. The launch of the winch grille guard system aligns perfectly with this mission, and we’re excited to see the positive impact it will have for our customers.”
Go Industries continues to grow its product range while maintaining a high standard of service and quality, as demonstrated by their Platinum Status with SEMA. Customers can find a variety of resources on the Go Industries website, including product instructions, catalogs, warranty details, and support contacts.
Embracing modern payment methods like cryptocurrencies, Go Industries shows its adaptability to changing market trends and forward-thinking approach. Those interested in more information about the Go Industries winch grille guard system for trucks and other offerings can check out the company’s website for comprehensive product details, customization options, and support.
Dedicated to quality and innovation, Go Industries sets a high bar in the industry for dependable truck accessories and custom manufacturing solutions, all from a customer-focused perspective backed by years of experience.
ORLANDO, FLORIDA / ACCESS Newswire / August 19, 2025 / Unusual Machines, Inc. (NYSE American:UMAC), a provider of NDAA-compliant drone components, today announced a $1.6 million purchase of Fat Shark Aura cameras and HDO+ goggles placed by a domestic defense drone manufacturer. The components will be delivered through the U.S. defense supply chain, reinforcing Unusual Machines’ role as a trusted supplier of compliant equipment.
The Fat Shark Aura cameras are included in the Blue UAS Framework, confirming compliance with Department of Defense and NDAA standards. The HDO+ goggles offer high-clarity optics with the largest field of view of any analog FPV headset currently on the market, allowing operators to switch between 4:3 and 16:9 aspect ratios without narrowing the field of vision.
Production will begin immediately, with initial deliveries scheduled for the end of September and the remainder completed by December.
“This order represents a milestone for Unusual Machines and, importantly, reflects the trust our customers place in us to deliver large quantities of critical components,” said Allan Evans, CEO of Unusual Machines. “By keeping cash reserves strong, scaling inventory ahead of demand, and strengthening our supply chain for larger volumes, we can execute quickly and reliably. This mindset allows us to accelerate delivery, ensure dependability, and expand manufacturing so more drone capability is built in the United States.”
Today’s announcement reflects the growing scale of opportunities for Unusual Machines. While this order will ship from existing production lines, the upcoming U.S.-based manufacturing facility for HDO+ goggles underscores the company’s long-term strategy to onshore even more production, keep pace with government demand, and deliver the capacity needed for future growth.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. These statements include: our expectation that we will deliver initial orders of the Aura cameras and HDO+ goggles by the end of September 2025 and the balance of the orders by December 2025, our ability to execute orders, our quickly and reliably, and our expectation that we will be successful leasing a new facility and expand our manufacturing footprint and build our headset production capabilities. The results expected by some or all of these forward-looking statements may not occur. Factors that affect our ability to achieve these results include our expectation that we will commence operations in our new Orlando manufacturing facility in September 2025 and close the Rotor Lab acquisition in the third quarter of 2025, the continued availability of commercial real estate near our Orlando, Florida facilities, the availability of a satisfactory labor pool, potential supply chain issues, the impact from tariffs including inflation, and the Risk Factors contained in our Form 10-Q, filed with the SEC on May 8, 2025, Prospectus Supplement filed with the Securities and Exchange Commission (the “SEC”) on March 6, 2025 and in our Form 10-K for the year ended December 31, 2024. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Any forward-looking statement made by us herein speaks only as of the date on which it is made. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
About Unusual Machines
Unusual Machines manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in FPV (first-person view) ultra-low latency video goggles for drone pilots. The Company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot ecommerce store. With a changing regulatory environment, Unusual Machines seeks to be a dominant Tier-1 parts supplier to the fast-growing multi-billion-dollar U.S. drone industry. According to Fact.MR, the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032. For more information, please visit www.unusualmachines.com.
Company Reports Revenues of $46.4 million, an 18.4% Increase Year-Over-Year
Broadcast Revenues Soar to $38.0 Million, a 28.5% Increase Year-Over-Year
Newsmax Remains the Fourth Highest-Rated Cable News Channel With Over 26 Million Quarterly Viewers
BOCA RATON, FL / ACCESS Newswire / August 19, 2025 / Newsmax Inc. (NYSE:NMAX) (“Newsmax” or the “Company”) today announced its financial results for the second quarter ended June 30, 2025.
Management Commentary
“We are excited to report another strong quarter with impressive financial and operational results that demonstrate the power of our growing cable and FAST channels,” said Christopher Ruddy, Chief Executive Officer of Newsmax Inc. “Our second quarter revenue growth reflects the continued strength of our business model and the resonance of our content with American audiences.”
Ruddy continued, “Our strong financial position, bolstered by our successful IPO and access to public markets, provides the strategic flexibility to capitalize on the significant opportunities in the evolving media landscape. We are building for sustainable, long-term growth while expanding our reach across multiple distribution channels and platforms.”
“With our diversified revenue streams showing growth across affiliate fees, advertising, and subscription services, and supported by a strong balance sheet, we are well-positioned to capitalize on ongoing trends in streaming, international markets and multi-platform distribution. We remain committed to delivering long-term value for our shareholders as we execute on this strategy.”
Dominion Resolution
On August 18, 2025, Newsmax announced that the Company reached a settlement agreement with Dominion Voting Systems, concluding a defamation lawsuit that Dominion filed in Delaware Superior Court in 2021.
“We are pleased to have reached a resolution with Dominion,” commented Ruddy. “This settlement enables us to move forward from the litigation and remain focused on delivering the trusted news and analysis our viewers rely on every day. This was a strategic business decision made in the best interests of the company and its shareholders, and we remain confident in the integrity of our journalism and steadfast in our commitment to a free and vibrant press.”
The resolution of the Dominion suit, which ends all litigation the Company faced relating to the 2020 election, is expected to significantly reduce Newsmax’s legal expenses for the foreseeable future.
Second Quarter 2025 Business and Operational Highlights
Newsmax continued to grow its domestic and global reach, expanding its footprint to over 60 million U.S. homes and to over 100 countries:
Extended multi-year carriage partnership with Fubo and launched Newsmax en Español on Fubo’s Latino plan, the first and only U.S.-based news channel to use advanced AI technology to dub its content into another language on a live basis.
Expanded distribution through pay TV Hulu+ achieving household penetration of approximately 60 million U.S. homes.
Formed strategic partnerships with Cellcom Israel, Telecom Armenia and Supercanal in the Dominican Republic.
Expanded Newsmax+ streaming availability across Comcast entertainment devices including Xfinity X1, Xfinity Flex, Xumo Stream Box and Xumo TV.
Secured multi-year contract renewal with veteran anchor Greta Van Susteren to continue leading prime-time programming with “The Record”.
Grew social media following to 20 million followers and achieved over 16 million downloads of the free Newsmax App.
Appointed Ambassador Paula J. Dobriansky and former U.S. Secretary of Labor Alex Acosta to Board of Directors, bringing extensive government, regulatory and international affairs expertise.
Added to Russell 2000® and Russell 3000® indexes, providing increased visibility via the $10.6 trillion in institutional investor assets benchmarked against Russell’s U.S. indexes.
Second Quarter 2025 Financial Highlights
Newsmax reported total quarterly revenues of $46.4 million for the three-month period ended June 30, 2025, representing an 18.4% year-over-year increase.
Total Broadcasting revenues grew significantly year-over-year, increasing from $29.6 million in the second quarter of 2024 to $38.0 million for the second quarter of 2025 – an increase of 28.5%.
Advertising Revenues increased 26.2% year-over-year to $29.9 million driven by higher linear cable and satellite advertising due to higher Nielsen ratings which translated to higher rates.
Affiliate Revenues increased 7.3% year-over-year to $7.3 million driven by new contractual relationships as well as rate increases that went into effect in 2025.
Subscription Revenues increased 5.2% year-over-year to $7.0 million driven by an increase in Newsmax + subscribers.
Product Sales Revenues increased 5.1% year-over-year to $1.6 million driven by continued sales of “Pay Zero Taxes” but was offset by lower nutraceutical sales.
Newsmax reported a quarterly Net Loss of $(75.2) million as compared to a Net Loss of $(4.8) million reported in the prior year quarter primarily driven by the settlement of the Dominion lawsuit which was settled on August 18, 2025 but recognized in Q2 2025 in accordance with GAAP.
Quarterly Adjusted EBITDA was $(3.8) million, a decrease of $5.7 million, or 300.1%, from the amount reported in the same quarter last year, primarily due to an increase in cost of revenues and general and administrative costs associated with the continued expansion of the business and costs associated with becoming a public company (see reconciliation of net loss to adjusted EBITDA below).
The Company ended the quarter with $197.9 million in Cash and short-term investments. Cash and Cash Equivalents was $33.8 million and short-term investment was $164.1 million
Newsmax is reiterating its previously issued full-year 2025 revenue guidance of $180 million to $190 million.
“Our second quarter results demonstrate the strength and resilience of our diversified revenue model,” commented Darryle Burnham, Chief Financial Officer. “The growth we’re seeing across our affiliate fees, advertising revenue and Newsmax+ subscriptions, combined with our strong balance sheet and access to capital markets, positions us well to execute on our long-term strategic vision while maintaining the operational flexibility needed to pursue emerging growth opportunities.”
About Newsmax
Newsmax Inc. is listed on the NYSE (NMAX) and operates, through Newsmax Broadcasting LLC, one of the nation’s leading news outlets, the Newsmax channel. The fourth highest-rated network is carried on all major pay TV providers. Newsmax’s media properties reach more than 40 million Americans regularly through Newsmax TV, the Newsmax App, its popular website Newsmax.com, and publications such as Newsmax Magazine. Through its social media accounts, Newsmax reaches 20 million combined followers. Reuters Institute says Newsmax is one of the top U.S. news brands and Forbes has called Newsmax “a news powerhouse.”
This communication contains forward-looking statements. From time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Forward-looking statements can be identified by those that are not historical in nature. The forward-looking statements discussed in this communication and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. Newsmax does not guarantee future results, performance or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy or completeness of any of these forward-looking statements. Forward-looking statements should not be relied upon as predictions of future events. We are under no duty to update any of these forward-looking statements after the date of this communication to conform our prior statements to actual results or revised expectations, and we do not intend to do so. Factors that may cause actual results to differ materially from current expectations include various factors, including but not limited changes in domestic and global general economic and macro-economic conditions and the volatility of the price of Common Stock that may result from, among other things, comments by securities analysts or other third parties, including blogs, articles, message boards and social and other media, large shareholders exiting their position in our Common Stock, any negative public perception of us, sales of shares previously registered for resale, or other uncertainties and the factors set forth in the sections entitled “Risk Factors” in Newsmax’s Annual Report on Form 10-K for the twelve months ended December 31, 2024, Newsmax’s Quarterly Report on Form 10-Q for the three months ended June 31, 2025, and other filings Newsmax makes with the Securities and Exchange Commission. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. Undue reliance should not be placed on forward-looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein.
USE AND DEFINITION OF NON-GAAP FINANCIAL MEASURES
This press release contains a financial measure that has not been prepared in accordance with United States Generally Accepted Accounting Principles (“U.S. GAAP”). This financial measure is Adjusted EBITDA.
Non-GAAP financial measures are used to supplement the financial information presented on a U.S. GAAP basis and should not be considered in isolation or as a substitute for the relevant U.S. GAAP measures and should be read in conjunction with information presented on a U.S. GAAP basis. Because not all companies use identical calculations, our presentation of Non-GAAP measures may not be comparable to other similarly titled measures of other companies.
Adjusted EBITDA1 is defined as revenues less cost of revenues and general and administrative expenses and does not include depreciation and amortization, interest expense, net, impairment charges, unrealized gains (losses) on marketable securities, other corporate matters (consisting primarily of certain litigation expenses, and related fees, for specific legal proceedings that the Company has determined are infrequent and unusual in terms of their magnitude), other, net, and income tax expense.
1The Company compensates for limitations of the adjusted EBITDA measure by prominently disclosing GAAP net income (loss), which the Company believes is the most directly comparable GAAP measure, and providing investors with a reconciliation from GAAP net income (loss) to adjusted EBITDA on page 13.
NEWSMAX INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)
June 30, 2025
December 31, 2024
ASSETS
Current assets:
Cash and cash equivalents
$
33,842,039
$
24,052,887
Investments
164,052,830
58,310,955
Accounts receivable, net
29,553,260
28,265,721
Inventories, net
1,640,952
1,792,697
Prepaid expenses and other current assets
8,209,833
8,925,294
Total current assets
237,298,914
121,347,554
Property and equipment, net
6,187,097
6,225,617
Right of use asset, operating lease
5,431,334
7,191,606
Other assets
10,282,124
10,698,660
Security deposits
598,319
609,426
Total assets
$
259,797,788
$
146,072,863
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
Current liabilities
Accounts payable
$
15,729,014
$
14,670,846
Accrued expenses
7,772,710
9,882,720
Accrued payroll
1,973,340
2,220,872
Accrued distribution
895,071
1,068,366
Deferred revenue
11,511,584
13,652,699
Lease liability, operating lease
3,555,150
3,894,102
Lease liability, finance lease
190,239
199,237
Settlement Liability
53,231,010
29,099,265
Warrant liability
–
6,499,821
Derivative liability
–
41,459,418
Total current liabilities
94,858,118
122,647,346
Long-term liabilities:
Deferred revenue, net of current portion
2,926,255
2,835,218
Lease liability, operating lease, net of current portion
2,494,520
4,049,256
Lease liability finance lease, net of current portion
33,933
129,930
Share repurchase liability
5,301,080
–
Other long-term liabilities
1,000,000
–
Settlement liability, net of current portion
46,330,986
25,477,941
Total liabilities
152,944,892
155,139,691
Commitments and contingencies (Note 11)
Convertible and redeemable preferred stock, $0.001 par value; 11,034 shares authorized; and 0 and 5,575 shares issued and outstanding as of June 30, 2025 and December 31, 2024
–
128,576,901
Stockholders’ equity (deficit)
Convertible and redeemable preferred stock, $0.001 par value; 60,000 shares authorized; and 0 and 27,612 shares issued and outstanding as of June 30, 2025 and December 31, 2024
–
86,742,045
Class A common stock, 0.001 par value; 50,000,000 shares authorized; 39,239,297 shares issued and outstanding; Class B common stock, 0.001 par value; 940,000,000 shares authorized 89,768,339 shares issued and outstanding at June 30, 2025. Class A common stock, 0.001 par value; 20,000 Class A shares authorized; 68,127,538 Class A shares issued and outstanding at December 31, 2024; 60,000 Class B shares authorized; 0 Class B shares issued and outstanding at December 31, 2024 (1)
129,008
10
Treasury stock, 0 and 27,061,584 shares at cost, respectively
–
(14,622,222
)
Additional paid-in capital
426,631,367
18,056,702
Accumulated other comprehensive income (loss)
876,320
(52,849
)
Accumulated deficit
(320,783,799
)
(227,767,415
)
Total stockholders’ equity (deficit)
106,852,896
(137,643,729
)
Total liabilities, convertible and redeemable preferred stock and stockholders’ equity (deficit)
$
259,797,788
$
146,072,863
(1) On March 28, 2025, the Company announced a 6,765.396 for 1 stock split, effective March 31, 2025. This stock split is reflected retroactively in all periods presented for the common shares issued and outstanding.
NEWSMAX INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited)
For the three months ended
For the six months ended
June 30,
June 30,
2025
2024
2025
2024
Revenues:
Service revenue
$
44,884,207
$
37,746,093
$
88,619,548
$
76,909,470
Product revenue
1,555,537
1,480,639
3,121,904
2,916,907
Total revenues
46,439,744
39,226,732
91,741,452
79,826,377
Cost of services
27,758,685
21,073,281
52,407,148
41,576,599
Cost of products sold
1,039,298
1,431,756
2,230,404
2,623,036
Gross profit
17,641,761
16,721,695
37,103,900
35,626,742
General and administrative expenses:
Personnel costs
8,614,761
6,047,773
16,628,179
11,839,569
Advertising costs
5,941,417
3,852,379
10,359,871
8,344,979
Professional fees
4,766,085
1,132,068
7,390,549
2,470,818
Rent and utilities
1,540,453
1,472,394
2,990,244
2,969,458
Depreciation
734,590
820,044
1,471,465
1,625,093
Other corporate matters
68,437,098
5,838,233
78,104,701
59,074,353
Other
4,012,806
2,309,934
8,137,119
4,896,946
Total general and administrative expenses
94,047,210
21,472,825
125,082,128
91,221,216
Loss from operations
(76,405,449
)
(4,751,130
)
(87,978,228
)
(55,594,474
)
Other income (expense), net
Interest and dividend income
1,802,054
26,168
2,856,340
53,461
Interest expense
(7,456
)
(22,377
)
(13,511
)
(48,162
)
Unrealized (loss) gain on marketable securities
(500,736
)
(34,772
)
1,084,844
128,574
Other, net
(54,342
)
(28,461
)
(8,342,898
)
(31,686
)
Total other income (expense), net
1,239,520
(59,442
)
(4,415,225
)
102,187
Net loss before income taxes
(75,165,929
)
(4,810,572
)
(92,393,453
)
(55,492,287
)
Income tax expense
9,693
18,988
14,693
20,960
Net loss
$
(75,175,622
)
$
(4,829,560
)
$
(92,408,146
)
$
(55,513,247
)
Other comprehensive income:
Unrealized gain on available for sale debt investments, net of income tax
446,778
–
929,169
–
Comprehensive loss
$
(74,728,844
)
$
(4,829,560
)
$
(91,478,977
)
$
(55,513,247
)
Weighted average common stock outstanding, basic and diluted (1)
128,333,356
41,065,954
86,938,585
41,065,954
Net loss per share attributable to common stockholders, basic and diluted
$
(0.59
)
$
(0.15
)
$
(1.12
)
$
(1.42
)
(1) On March 28, 2025, the Company announced a 6,765.396 for 1 stock split, effective March 31, 2025. This stock split is reflected retroactively in all periods presented for the common shares issued and outstanding. See Note 1. Nature of Business.
NEWSMAX INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2024 (Unaudited)
2025
2024
Cash flows from operating activities:
Net loss
$
(92,408,146
)
$
(55,513,247
)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
3,089,126
3,153,473
Stock-based compensation
4,994,794
–
Change in fair value of warrant liability
1,824,179
6,373,757
Change in fair value of derivative liability
6,104,230
–
(Recovery of) provision for credit losses
(266,076
)
(458,695
)
Unrealized gain on marketable securities
(1,084,844
)
(128,574
)
Non-cash lease expense
1,788,532
1,706,637
Non-cash expense related to SEPA Agreement
500,000
–
Changes in operating assets and liabilities:
(Increase) decrease in assets:
Accounts receivable
(1,021,463
)
(545,163
)
Inventory
151,745
1,072,475
Prepaid expenses and other current assets
(1,226,532
)
(1,151,295
)
Other asset
(1,201,125
)
–
Security deposits
11,107
54,989
Increase (decrease) in liabilities:
Accounts payable
314,683
(1,918,363
)
Accrued expenses
(2,530,837
)
3,677,186
Lease liabilities
(1,921,948
)
(1,753,792
)
Settlement liability
44,984,790
40,000,000
Other long-term liabilities
1,000,000
–
Deferred revenue
(2,050,078
)
(1,996,968
)
Net cash used in operating activities
(38,947,863
)
(7,427,580
)
Cash flows from investing activities:
Purchase of investments
(131,727,862
)
–
Proceeds from maturity of investments
28,000,000
–
Sale of investments
–
314,185
Purchase of property and equipment
(689,460
)
(207,489
)
Net cash (used in) provided by investing activities
(104,417,322
)
106,696
Cash flows from financing activities:
Proceeds from issuance of convertible preferred stock, net
80,742,222
8,025,738
Proceeds from issuance of common stock IPO, net
66,659,453
–
Proceeds from exercise of stock options
6,707,723
–
Proceeds from additional stock issuance
65,000
–
Payment of dividend
(915,067
)
–
Principal payment under finance lease obligation
(104,995
)
(90,102
)
Net cash provided by financing activities
153,154,337
7,935,636
Net change in cash
9,789,152
614,752
Cash and cash equivalents – beginning
24,052,887
6,037,211
Cash and cash equivalents – ending
$
33,842,039
$
6,651,963
Supplemental disclosures of cash flow information:
Operating lease assets obtained in exchange for operating lease liabilities
$
28,391
$
76,708
Allocation from equity to derivative liability for Series B Preferred Stock
$
–
$
2,358,376
Interest paid
$
1,829
$
19,968
Non-cash transactions:
Property and equipment acquired through accounts payable:
$
743,485
$
217,172
Non-cash financing activities:
Issuance of warrants in connection with the issuance of convertible stock
$
1,144,976
$
–
Common stock issuance costs reclassified from prepaid expenses
$
(1,798,989
)
$
–
IPO funds receivable in escrow
$
34,500
$
–
Proceeds from exercise of stock options in transit
$
38,320
$
–
NEWSMAX INC. AND SUBSIDIARIES ADJUSTED EBITDA RECONCILIATION (Unaudited)
For the three months ended June 30,
For the six months ended June 30,
2025
2024
2025
2024
Net loss
$
(75,175,622
)
$
(4,829,560
)
$
(92,408,146
)
$
(55,513,247
)
Add
Depreciation
734,590
820,044
1,471,465
1,625,093
Interest, net
(1,794,598
)
(3,791
)
(2,842,829
)
(5,299
)
Unrealized (gain) loss on marketable securities
500,736
34,772
(1,084,844
)
(128,574
)
Stock-based compensation
3,417,686
–
4,994,794
–
Other corporate matters
68,437,098
5,838,233
78,104,701
59,074,353
Other, net2
54,342
28,461
8,342,898
31,686
Income tax expense
9,693
18,988
14,693
20,960
Adjusted EBITDA3
$
(3,816,075
)
$
1,907,147
$
(3,407,268
)
$
5,104,972
2Comprised of miscellaneous items such as derivative adjustments, income tax credits, and unrealized gains on securities
3For a discussion of Adjusted EBITDA, see “Non-GAAP Financial Measures” above.
Jaguar CEO Lisa Conte presenting August 20 at Emerging Growth Conference to provide updates on near-term catalysts; Click here to register
As announced, initial proof-of-concept results from the ongoing investigator-initiated trial in Abu Dhabi show crofelemer reduced the required total parenteral nutrition in the first participating microvillus inclusion disease (MVID) patient by up to 27% and in the first participating short bowel syndrome (SBS-IF) patient by up to 12.5%; FDA meeting resulted in planned Jaguar regulatory pathway to complete supplemental NDA strategy for crofelemer for patients with metastatic breast cancer, a population meeting orphan definition in US
Company strategy: Seek business development partnerships for license to develop and commercialize Jaguar’s orphan indication products, resulting in non-dilutive funding for Jaguar
SAN FRANCISCO, CA / ACCESS Newswire / August 19, 2025 / Jaguar Health, Inc. (NASDAQ:JAGX) (“Jaguar” or the “Company”) today announced the voting results of the Company’s Annual Meeting of Stockholders held on August 19, 2025 (the “Annual Meeting”).
Seven proposals were submitted to and approved by the stockholders of the Company at the Annual Meeting. The proposals are described in detail in the Company’s definitive proxy statement on Schedule 14A relating to the Annual Meeting and supplemental information filed with the Securities and Exchange Commission on July 21, 2025 and as amended on August 6, 2025. Stockholders may obtain a free copy of the proxy statement and other documents filed by Jaguar with the SEC at http://www.sec.gov. The proxy statement is also available on the Company’s corporate website.
About the Jaguar Health Family of Companies
Jaguar Health, Inc. (Jaguar) is a commercial stage pharmaceuticals company focused on developing novel proprietary prescription medicines sustainably derived from plants from rainforest areas for people and animals with gastrointestinal distress, specifically associated with overactive bowel, which includes symptoms such as chronic debilitating diarrhea, urgency, bowel incontinence, and cramping pain. Jaguar family company Napo Pharmaceuticals (Napo) focuses on developing and commercializing human prescription pharmaceuticals for essential supportive care and management of neglected gastrointestinal symptoms across multiple complicated disease states. Napo’s crofelemer is FDA-approved under the brand name Mytesi® for the symptomatic relief of noninfectious diarrhea in adults with HIV/AIDS on antiretroviral therapy. Jaguar family company Napo Therapeutics is an Italian corporation Jaguar established in Milan, Italy in 2021 focused on expanding crofelemer access in Europe and specifically for orphan diseases. Jaguar Animal Health is a Jaguar tradename. Magdalena Biosciences, a joint venture formed by Jaguar and Filament Health Corp. that emerged from Jaguar’s Entheogen Therapeutics Initiative (ETI), is focused on developing novel prescription medicines derived from plants for mental health indications.
Certain statements in this press release constitute “forward-looking statements.” These include statements regarding Jaguar’s expectation that Jaguar management will present at the August 2025 Emerging Growth Conference, and statements regarding Jaguar’s planned regulatory pathway to complete a supplemental NDA for crofelemer for patients with metastatic breast cancer. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expect,” “plan,” “aim,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements in this release are only predictions. Jaguar has based these forward-looking statements largely on its current expectations and projections about future events. These forward-looking statements speak only as of the date of this release and are subject to several risks, uncertainties, and assumptions, some of which cannot be predicted or quantified and some of which are beyond Jaguar’s control. Except as required by applicable law, Jaguar does not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise.
Arrowhead Clinic in Garden City is excited to announce a new resource available on their WordPress site detailing advanced car accident treatment techniques. Known for their expertise in treating auto accident injuries, the clinic has developed this article to help people understand their care options after a car accident.
In the Garden City Arrowhead Clinic auto accident treatment article, the clinic emphasizes the need for quick medical attention and explains the detailed chiropractic care methods they use. Often, injuries from accidents don’t show immediate symptoms, so the clinic stresses how important it is to seek early treatment to avoid further complications.
Dr. NiAmber Harris, a seasoned practitioner at Arrowhead Clinic in Garden City, explained, “Our aim is to provide care that tackles both the obvious and hidden injuries. Using advanced diagnostics and specialized therapies helps people recover not just from immediate pain but toward better overall health.”
The article highlights the variety of diagnostic and therapeutic technologies available at the clinic. Patients receive a thorough evaluation, which includes advanced imaging, orthopedic testing, and neurological screenings. These methods create a clear picture of the injuries, helping in the development of personalized treatment plans.
Treatment at the Garden City clinic combines modern chiropractic techniques with rehabilitation practices. Techniques like diversified methods, soft tissue mobilization, and advanced therapies such as cold laser therapy are utilized to speed up recovery and improve patient results. Additionally, electrical stimulation devices and rehabilitation exercise plans are available to help patients regain their strength and functionality.
A key feature of the clinic’s approach is the use of technology in treatments. Patients benefit from digital X-ray analyses, computerized postural assessments, and other digital tools that assist in tracking progress and planning exercises. This approach allows treatment to be tailored to individual needs and keeps patients informed about their progress.
For more detailed information about these techniques, visit the Arrowhead Clinic Chiropractor website. This resource is invaluable for understanding the integrated approaches being taken by the clinic.
Dr. Harris noted, “Technology allows us to continuously monitor each patient’s recovery journey, ensuring the best possible outcomes. The personalized care at our Arrowhead Clinic in Garden City location helps us adjust to each patient’s unique situation, aiding in more effective healing.”
Beyond treatment, the clinic focuses on education and prevention. Regular educational initiatives offer patients valuable advice on preventing injuries and maintaining wellness after treatment.
Reviews from former patients often highlight the welcoming and professional atmosphere of the clinic. With an impressive 4.8-star rating, many patients have praised the effectiveness of the treatment protocols and the supportive environment. Such positive feedback demonstrates the lasting impact the clinic aims to achieve in its community.
For those impacted by auto accidents, quickly connecting with knowledgeable healthcare providers is very important. Garden City Arrowhead Clinic auto accident treatment services prioritize rapid and thorough care after such incidents. This newly released article aims to offer guidance and assistance to those seeking recovery options.
Anyone interested in learning more about the advanced treatment methods used by the clinic can read the full article on the Arrowhead Clinic website or connect with our Arrowhead Clinic Garden City location directly. The staff is ready to answer questions and help individuals seeking advice on their health and wellness after an accident.
Arrowhead Clinic is committed to enhancing patient outcomes through advanced chiropractic care, ensuring that individuals involved in auto accidents receive the comprehensive treatment necessary for a speedy and effective recovery.
Trusted firearms retailer and training center offers entrepreneurs a rare chance to own a piece of its legacy.
ORLANDO, FL / ACCESS Newswire / August 19, 2025 / Rieg’s Gun Shop & Shooting Range, a family-founded business serving firearm owners since 1968, has announced the launch of its first-ever franchise program.
Known for its strong brand recognition, comprehensive training, and proven business model, Rieg’s is opening franchise opportunities to qualified entrepreneurs with a passion for firearms and a commitment to responsible ownership.
Franchisees will benefit from:
A 2-week hands-on training program
Established supply chain and exclusive territories
Multiple revenue streams including retail, range fees, classes, and rentals
Ongoing support from industry veterans
“The firearm industry is booming, and our franchise partners will enter the market backed by a respected name and over five decades of experience,” said Justin Hilton
According to the NSSF, over 26 million new gun owners have entered the U.S. market since 2020, fueling growth in an industry that generated $91.65 billion in 2024.
LOS ANGELES, CA / ACCESS Newswire / August 19, 2025 / ClaimNotify.org, a new online tool and educational hub for all things unclaimed assets, launched today to help Californians easily navigate the complex world of abandoned assets. With a mission to become the trusted national resource, the platform empowers residents to recover funds and assets that rightfully belong to them.
Unclaimed assets- ranging from forgotten bank accounts and uncashed checks to insurance benefits and safe deposit box contents- are currently valued at over $2.5 billion in Los Angeles County and $600 million in San Diego County, according to recent public notices. Until now, finding and reclaiming these funds has been a confusing and time-consuming process.
The launch comes at a pivotal moment: on September 4, 2025, new California code changes- driven by the passage of SB 822, which expands the state’s Unclaimed Property Law to include digital financial assets- will make it easier for residents to submit claims online. ClaimNotify.org will offer up-to-the-minute guidance on these changes, ensuring no eligible Californian misses their opportunity to reclaim what’s theirs.
ClaimNotify.org streamlines the journey, offering:
A Centralized Resource for Californians: One place to access news, updates, and verified links for unclaimed asset searches, starting with California and expanding to other states.
Educational Tools: Easy-to-follow guides explaining what unclaimed assets are, how they get lost, and how residents can submit claims.
Breaking Updates: Timely alerts on new policies, large asset disclosures, and deadlines for filing claims.
Step-by-Step Support: Clear instructions to help users submit claims directly, without costly third-party services.
“Unclaimed assets can be life-changing, but most people don’t even realize they exist- let alone how to recover them,” said a ClaimNotify.org spokesperson. “Our goal is to be the go-to source for accurate, accessible, and timely information, so Californians can claim what’s theirs without unnecessary stress or confusion.”
Claim Notify plans to expand its coverage to include news and resources from multiple states, helping Americans nationwide access the billions in unclaimed property sitting in government coffers.
To view the resources and learn more, visit: Claimnotify.org
About ClaimNotify.org ClaimNotify.org is a public information portal dedicated to helping individuals navigate the often-confusing process of recovering unclaimed property. By consolidating updates, official resources, and step-by-step guides, ClaimNotify.org empowers people to reclaim their money and property with confidence. For more information, visit: ClaimNotify.org
