$MLSS

MILESTONE SCIENTIFIC INC.

No enriched coverage for $MLSS in the last 7 days.

No SEC Form 4 filings for $MLSS in the last 30 days.

Low

Milestone Scientific (MLSS) trims Q1 2026 loss but flags going concern and NYSE listing risks

Milestone Scientific (MLSS) reported a narrowed net loss of $0.84 million in Q1 2026, primarily due to sharply reduced operating expenses and a pause in R&D. Despite this improvement and positive operating cash flow, the company faces substantial doubt about its ability to continue as a going concern, evidenced by an accumulated deficit of $134.6 million and limited cash reserves. Additionally, MLSS remains below NYSE American listing thresholds, with a compliance deadline of April 2027, and its recent $2.15 million private placement introduced further dilution risks for existing shareholders.

Milestone Scientific appoints Grassi & Co. as new auditor, dismisses CBIZ CPAs

Milestone Scientific Inc. (MLSS) has appointed Grassi & Co., CPAs, P.C. as its new independent registered public accounting firm, effective for the fiscal year ending December 31, 2026. This follows the dismissal of CBIZ CPAs P.C. as their auditor, a change approved by the company's Board of Directors. The previous auditor's report for 2025 indicated substantial doubt about Milestone Scientific's ability to continue as a going concern, though no disagreements on accounting principles or audit scope were reported.