PRPO on Nasdaq

Precipio, Inc.

American laboratory analytical instruments company based in New Haven.

Price unavailable

Last updated Oct 18, 2026.

Overview

Compare with BioNano Genomics, EyePoint Pharmaceuticals or RAPID MICRO BIOSYSTEMS, INC., or pick any stock.

TickerPRPO on Nasdaq
IndustryLaboratory Analytical Instruments
HeadquartersNew Haven, United States
Incorporated inDE²
Business address4 Science Park, New Haven, Ct 06511²
Filer categoryNon-accelerated filer, Smaller reporting company²

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

44.2%Gross margin³

-5.0%Operating margin³

-1.5%Net margin³

30.5%Revenue growth, 2025³

-2.5%Return on equity³

0.00×Debt to equity³

$359.0KFree cash flow³

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Service revenue, net brought in 89% of the revenue Precipio, Inc. broke down this way in fiscal 2025.

Service revenue, net$21.5M³89%up 35% from 2024
Product$2.7M³11%up 5% from 2024

Products and services by year

Products and services	2024	2025
Service revenue, net	$16.0M	$21.5M
Product	$2.6M	$2.7M

Where the money goes

Where each dollar of revenue went, fiscal 2025

Cost of revenueOther costs

Cost of revenue55¢$13.3M
Research and development7¢$1.6M
Other costs38¢$9.3M

Out of $24.2M in revenue.³ The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

Capital spendingKept or used elsewhere

Capital spending48¢$326.0K
Kept or used elsewhere52¢$359.0K

Out of $685.0K of cash from operations.³

Financial statements

Revenue⁴⁵⁶⁷⁸³$24.2M in 2025+492% since 2019

Gross profit⁴⁵⁶⁷⁸³$10.7M in 2025+4789% since 2019

Operating income⁴⁵⁶⁷⁸³-$1.2M in 2025−89% since 2019

Net income⁹⁵⁶⁷⁸³-$363.0K in 2025−97% since 2019

Every line of the income statement as filed: the last 2 fiscal years, latest first.³

Period ending	2025-12-31	2024-12-31
Revenue, net of contractual allowances and adjustments	$24.2M	$18.6M
Adjustment for allowance for credit losses	-$197.0K	-$44.0K
Net sales	$24.0M	$18.5M
Total cost of sales	$13.3M	$11.0M
Gross profit	$10.7M	$7.6M
Operating expenses	$11.9M	$11.8M
OPERATING LOSS	-$1.2M	-$4.2M
Interest expense, net	-$73.0K	-$74.0K
Gain on settlement of liability	$143.0K
Employee Retention Credit	$789.0K
Other expense	-$20.0K
Total other income (expense)	$839.0K	-$74.0K
LOSS BEFORE INCOME TAXES	-$363.0K	-$4.3M
INCOME TAX EXPENSE	$0	$0
NET LOSS	-$363.0K	-$4.3M
BASIC LOSS PER COMMON SHARE	-$0.23	-$2.93
BASIC WEIGHTED-AVERAGE SHARES OF COMMON STOCK OUTSTANDING	1.6M shares	1.5M shares
DILUTED LOSS PER COMMON SHARE	-$0.23	-$2.93
DILUTED WEIGHTED-AVERAGE SHARES OF COMMON STOCK OUTSTANDING	1.6M shares	1.5M shares

Total assets⁴⁵⁶⁷⁸³$21.3M in 2025+9% since 2019

Total liabilities⁴⁵⁶⁷⁸³$6.8M in 2025+7% since 2019

Shareholders’ equity⁴⁵⁶⁷³$14.6M in 2025+10% since 2019

Cash⁴⁵⁶⁷⁸³$2.7M in 2025+213% since 2019

Long-term debt⁴⁵⁶⁷⁸³$47.0K in 2025−76% since 2019

Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.³

Period ending	2025-12-31	2024-12-31	2018-12-31
Cash	$2.7M	$1.4M
Accounts receivable (net of allowance for credit losses of $1,045 and $995, respectively)	$2.0M	$799.0K
Inventories	$935.0K	$724.0K
Other current assets	$469.0K	$539.0K
Total current assets	$6.0M	$3.5M
PROPERTY AND EQUIPMENT, NET	$729.0K	$719.0K
Finance lease right-of-use assets, net	$998.0K	$517.0K
Operating lease right-of-use assets, net	$2.6M	$395.0K
Intangibles, net	$10.9M	$11.9M
Other assets	$67.0K	$45.0K
Total assets	$21.3M	$17.0M
Current maturities of long-term debt, less debt issuance costs	$30.0K	$297.0K
Current maturities of finance lease liabilities	$209.0K	$124.0K
Current maturities of operating lease liabilities	$410.0K	$201.0K
Accounts payable	$1.1M	$618.0K
Accrued expenses	$1.7M	$2.8M
Deferred revenue	$282.0K	$232.0K
Total current liabilities	$3.8M	$4.3M
Long-term debt, less current maturities and debt issuance costs	$47.0K	$77.0K
Finance lease liabilities, less current maturities	$751.0K	$348.0K
Operating lease liabilities, less current maturities	$2.2M	$206.0K
Total liabilities	$6.8M	$4.9M
Common stock, $0.01 par value, 150,000,000 shares authorized at December 31, 2025 and December 31, 2024, 1,780,899 and 1,493,639 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively	$18.0K	$15.0K
Additional paid-in capital	$117.3M	$114.5M
Accumulated deficit	-$102.8M	-$102.4M
Total stockholders' equity	$14.6M	$12.1M
Total liabilities and stockholders' equity	$21.3M	$17.0M
Allowance for credit losses	$1.0M	$995.0K
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares authorized (in shares)	15.0M shares	15.0M shares
Preferred stock, shares issued (in shares)	47 shares	47 shares
Preferred stock, shares outstanding (in shares)	47 shares	47 shares
Preferred stock, liquidation preference	$135.0K
Common stock, par value (in $ per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	150.0M shares	150.0M shares	250.0M shares
Common stock, shares issued (in shares)	1.8M shares	1.5M shares
Common stock, shares outstanding (in shares)	1.8M shares	1.5M shares

Period ending	2025-12-31	2024-12-31	2018-12-31
Cash	$2.7M	$1.4M
Accounts receivable (net of allowance for credit losses of $1,045 and $995, respectively)	$2.0M	$799.0K
Inventories	$935.0K	$724.0K
Other current assets	$469.0K	$539.0K
Total current assets	$6.0M	$3.5M
PROPERTY AND EQUIPMENT, NET	$729.0K	$719.0K
Finance lease right-of-use assets, net	$998.0K	$517.0K
Operating lease right-of-use assets, net	$2.6M	$395.0K
Intangibles, net	$10.9M	$11.9M
Other assets	$67.0K	$45.0K
Total assets	$21.3M	$17.0M
Current maturities of long-term debt, less debt issuance costs	$30.0K	$297.0K
Current maturities of finance lease liabilities	$209.0K	$124.0K
Current maturities of operating lease liabilities	$410.0K	$201.0K
Accounts payable	$1.1M	$618.0K
Accrued expenses	$1.7M	$2.8M
Deferred revenue	$282.0K	$232.0K
Total current liabilities	$3.8M	$4.3M
Long-term debt, less current maturities and debt issuance costs	$47.0K	$77.0K
Finance lease liabilities, less current maturities	$751.0K	$348.0K
Operating lease liabilities, less current maturities	$2.2M	$206.0K
Total liabilities	$6.8M	$4.9M
Common stock, $0.01 par value, 150,000,000 shares authorized at December 31, 2025 and December 31, 2024, 1,780,899 and 1,493,639 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively	$18.0K	$15.0K
Additional paid-in capital	$117.3M	$114.5M
Accumulated deficit	-$102.8M	-$102.4M
Total stockholders' equity	$14.6M	$12.1M
Total liabilities and stockholders' equity	$21.3M	$17.0M
Allowance for credit losses	$1.0M	$995.0K
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares authorized (in shares)	15.0M shares	15.0M shares
Preferred stock, shares issued (in shares)	47 shares	47 shares
Preferred stock, shares outstanding (in shares)	47 shares	47 shares
Preferred stock, liquidation preference	$135.0K
Common stock, par value (in $ per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	150.0M shares	150.0M shares	250.0M shares
Common stock, shares issued (in shares)	1.8M shares	1.5M shares
Common stock, shares outstanding (in shares)	1.8M shares	1.5M shares

Cash from operations⁴⁵⁶⁷⁸³$685.0K in 2025

Capital spending⁴⁵⁶⁷⁸³$326.0K in 2025+493% since 2019

Free cash flow⁴⁵⁶⁷⁸³$359.0K in 2025

Every line of the cash flow as filed: the last 2 fiscal years, latest first.³

Period ending	2025-12-31	2024-12-31
Net loss	-$363.0K	-$4.3M
Depreciation and amortization	$1.2M	$1.2M
Amortization of operating lease right-of-use asset	$319.0K	$217.0K
Amortization of finance lease right-of-use asset	$188.0K	$97.0K
Amortization of deferred financing costs, debt discounts and debt premiums	$3.0K	$3.0K
Gain on settlement of liability	-$143.0K
Stock-based compensation	$1.2M	$1.5M
Value of stock issued in payment of Board fees and consulting services	$241.0K	$386.0K
Provision for credit losses	$177.0K	$64.0K
Derecognition of finance lease right-of-use asset and liability	-$4.0K	$2.0K
Derecognition of operating lease right-of-use asset and liability	-$38.0K
Loss on disposal of asset	$20.0K
Accounts receivable	-$1.4M	$438.0K
Inventories	-$211.0K	-$340.0K
Other assets	$48.0K	$303.0K
Accounts payable	$513.0K	-$10.0K
Operating lease liabilities	-$241.0K	-$218.0K
Deferred revenue	$50.0K	$122.0K
Accrued expenses	-$966.0K	$975.0K
Net cash provided by operating activities	$685.0K	$439.0K
Purchase of property and equipment	-$326.0K	-$223.0K
Net cash used in investing activities	-$326.0K	-$223.0K
Principal payments on finance lease obligations	-$157.0K	-$92.0K
Deposits on finance lease right-of-use assets	-$20.0K	-$28.0K
Issuance of common stock, net of issuance costs		$78.0K
Proceeds from exercise of warrants	$1.3M
Proceeds from exercise of stock options	$119.0K
Proceeds from debt		$250.0K
Principal payments on long-term debt	-$300.0K	-$537.0K
Net cash flows provided by (used in) financing activities	$903.0K	-$329.0K
NET CHANGE IN CASH	$1.3M	-$113.0K
Cash paid during the period for interest	$100.0K	$85.0K
Purchases of equipment financed through accounts payable		$6.0K
Prepaid insurance financed with loan		$317.0K
Operating lease right-of-use assets obtained in exchange for operating lease obligations	$2.5M	$0
Finance lease right-of-use assets obtained in exchange for finance lease obligations	$649.0K	$414.0K

Compare Precipio, Inc. with another company

Leadership

Who has led Precipio, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

President

Chief financial officer

Chief operating officer

Ahmed Zaki Sabet2020–now

2010201520202025

Chief executive officerIlan Danieli Jul 3, 2017 to now¹²
Chief executive officerPaul Kinnon Oct 3, 2013 to Apr 3, 2015¹³
Chief executive officerCraig James Tuttle Jul 13, 2006 to May 7, 2013¹⁴
PresidentPaul Kinnon Oct 3, 2013 to Apr 3, 2015¹³
PresidentCraig James Tuttle Jul 13, 2006 to May 7, 2013¹⁴
Chief financial officerMatthew Gage Mar 30, 2022 to now¹⁵
Chief financial officerIlan Danieli Jan 5, 2021 to Jan 13, 2022¹⁶
Chief financial officerCarl Iberger Jul 10, 2017 to Jan 13, 2022¹⁷
Chief financial officerPaul Kinnon Apr 3, 2015 to Apr 3, 2015¹⁸
Chief financial officerMark P. Colonnese Sep 17, 2012 to Feb 20, 2014¹⁹
Chief financial officerBrett L. Frevert Sep 9, 2010 to Jun 7, 2011²⁰
Chief financial officerDebra A. Schneider Dec 5, 2006 to Dec 7, 2007²¹
Chief operating officerAhmed Zaki Sabet Sep 3, 2020 to now²²

Board members and other officers (28)

See RemarkMatthew Gage Jan 10, 2023 to Jan 10, 2023²³
Chief Operations OfficerAhmed Zaki Sabet Dec 5, 2019 to Jul 14, 2020²⁴
Chief Accounting OfficerLeon Richards Nov 5, 2014 to Apr 3, 2015²⁵
Senior VP, Sales & MarketingChad M. Richards Sep 9, 2010 to Jun 25, 2012²⁶
Chief Scientific OfficerEric P. Kaldjian May 22, 2008 to Feb 9, 2009²⁷
Board memberChristina Rizopoulos Valauri Jan 4, 2024 to now²⁸
Board memberRonald Asbury Andrews Mar 4, 2021 to now²⁹
Board memberRichard A. Sandberg Dec 4, 2019 to now³⁰
Board memberKathleen Laporte Aug 13, 2018 to now³¹
Board memberIlan Danieli Jul 3, 2017 to now¹²
Board memberMark Rimer Jul 3, 2017 to Jan 13, 2022³²
Board memberSamuel D. Riccitelli Jul 10, 2017 to Mar 20, 2019³³
Board memberJeffrey Cossman Sep 28, 2017 to now³⁴
Board memberMya Thomae Jun 10, 2015 to Dec 15, 2016³⁵
Board memberMichael A. Luther Mar 19, 2014 to Feb 21, 2018³⁶
Board memberCraig James Tuttle May 7, 2013 to May 7, 2013³⁷
Board memberPaul Kinnon Oct 3, 2013 to Apr 3, 2015¹³
Board memberDoit Koppler Ii. Jan 10, 2011 to Dec 15, 2016³⁸
Board memberRobert Patzig Jan 10, 2011 to Sep 28, 2017³⁹
Board memberAntonius Schuh Jun 2, 2009 to Feb 20, 2014⁴⁰
Board memberMichael B. McNulty Jun 2, 2009 to Jun 11, 2010⁴¹
Board memberDavid P. Pauluzzi Jan 2, 2008 to Apr 2, 2008⁴²
Board memberRodney S. Markin Mar 15, 2007 to Feb 20, 2014⁴³
Board memberGregory J. Duman Sep 5, 2006 to Dec 16, 2008⁴⁴
Board memberGregory T. Sloma Sep 5, 2006 to Jun 11, 2010⁴⁵
Board memberJeffrey L. Sklar Sep 5, 2006 to Jun 11, 2010⁴⁶
Board memberParag Saxena Sep 5, 2006 to Sep 11, 2006⁴⁷
Board memberRoland J. Santoni Sep 5, 2006 to Nov 21, 2006⁴⁸

Former names

TRANSGENOMIC INCMar 10, 2000 to Jun 30, 2017²

Timeline

Jul 3, 2017New chief executive Ilan Danieli becomes CEO¹²
Oct 3, 2013New chief executive Paul Kinnon becomes CEO¹³
Jul 13, 2006New chief executive Craig James Tuttle becomes CEO¹⁴
Jul 10, 2000Founded Precipio, Inc. is founded⁴⁹

Filings

250 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 50 major events, 138 insider forms, 4 large holders, 38 other. The latest 20:

The 250 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 4 such filings since October 2021:

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

Fund	Shares	Value	Share of the fund	Change
Vanguard Capital Management LLC	46,148	$1.1M	0.0%	+20,665
BlackRock, Inc.	34,655	$858.1K	0.0%	+5,633
Geode Capital Management, LLC	18,691	$462.9K	0.0%	−120
Renaissance Technologies LLC	16,199	$401.1K	0.0%	−3,101
Citadel Advisors LLC	14,714	$364.3K	0.0%	−402
XTX Topco Ltd	9,450	$234.0K	0.0%	New
Vanguard Fiduciary Trust Co	9,407	$232.9K	0.0%	+62
Dimensional Fund Advisors LP	8,396	$207.9K	0.0%	New
UBS Group AG	343	$8.5K	0.0%	+116
Wells Fargo & Company/mn	50	$1.2K	0.0%	No change
Tower Research Capital LLC (TRC)	32	$792	0.0%	−106
Morgan Stanley	7	$173	0.0%	New
Allworth Financial LP	3	$75	0.0%	No change
IFP Advisors, Inc	3	$74	0.0%	No change
Fmr LLC	2	$54	0.0%	No change
Citigroup Inc	1	$25	0.0%	New
Caitong International Asset Management Co., Ltd	1	$25	0.0%	New
Royal Bank Of Canada	11	$0	0.0%	No change

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARPrecipio, Inc. filings on SEC EDGAR
2
SEC EDGARPrecipio, Inc. filings on SEC EDGAR
3
SEC EDGARPrecipio, Inc. 10-K for fiscal 2025
4
SEC EDGARPrecipio, Inc. 10-K for fiscal 2019
5
SEC EDGARPrecipio, Inc. 10-K for fiscal 2020
6
SEC EDGARPrecipio, Inc. 10-K for fiscal 2021
7
SEC EDGARPrecipio, Inc. 10-K for fiscal 2022
8
SEC EDGARPrecipio, Inc. 10-K for fiscal 2023
9
SEC EDGARPrecipio, Inc. 10-K for fiscal 2019
10
SEC EDGARPrecipio, Inc. 10-Q for fiscal 2026
11
SEC EDGARPrecipio, Inc. 10-Q for fiscal 2026
12
SEC EDGARIlan Danieli, Chief executive officer
13
SEC EDGARPaul Kinnon, Chief executive officer
14
SEC EDGARCraig James Tuttle, Chief executive officer
15
SEC EDGARMatthew Gage, Chief financial officer
16
SEC EDGARIlan Danieli, Chief financial officer
17
SEC EDGARCarl Iberger, Chief financial officer
18
SEC EDGARPaul Kinnon, Chief financial officer
19
SEC EDGARMark P. Colonnese, Chief financial officer
20
SEC EDGARBrett L. Frevert, Chief financial officer
21
SEC EDGARDebra A. Schneider, Chief financial officer
22
SEC EDGARAhmed Zaki Sabet, Chief operating officer
23
SEC EDGARMatthew Gage, See Remark
24
SEC EDGARAhmed Zaki Sabet, Chief Operations Officer
25
SEC EDGARLeon Richards, Chief Accounting Officer
26
SEC EDGARChad M. Richards, Senior VP, Sales & Marketing
27
SEC EDGAREric P. Kaldjian, Chief Scientific Officer
28
SEC EDGARChristina Rizopoulos Valauri, Board member
29
SEC EDGARRonald Asbury Andrews, Board member
30
SEC EDGARRichard A. Sandberg, Board member
31
SEC EDGARKathleen Laporte, Board member
32
SEC EDGARMark Rimer, Board member
33
SEC EDGARSamuel D. Riccitelli, Board member
34
SEC EDGARJeffrey Cossman, Board member
35
SEC EDGARMya Thomae, Board member
36
SEC EDGARMichael A. Luther, Board member
37
SEC EDGARCraig James Tuttle, Board member
38
SEC EDGARDoit Koppler Ii., Board member
39
SEC EDGARRobert Patzig, Board member
40
SEC EDGARAntonius Schuh, Board member
41
SEC EDGARMichael B. McNulty, Board member
42
SEC EDGARDavid P. Pauluzzi, Board member
43
SEC EDGARRodney S. Markin, Board member
44
SEC EDGARGregory J. Duman, Board member
45
SEC EDGARGregory T. Sloma, Board member
46
SEC EDGARJeffrey L. Sklar, Board member
47
SEC EDGARParag Saxena, Board member
48
SEC EDGARRoland J. Santoni, Board member
49
gleifPrecipio, Inc. is founded