Earnings ·
INLIF reports $1M net income for H1 2026 as cash rises to $45.5M following PIPE and ATM offerings
INLFINLIF Ltd
INLIF Limited filed its unaudited interim financial results for the six months ended June 30, 2026. The company reported total revenues of $12,942,657 and net income of $1,009,010, a significant turnaround from the $1,975,420 loss in the prior year period. Cash and cash equivalents increased to $45,465,962 from $6,717,787 at year-end 2025, driven by net proceeds of $32,344,244 from a PIPE offering and $21,150,492 from an ATM offering. The company also announced two share consolidations: a 1-for-16 consolidation effective April 6, 2026, followed by a 1-for-200 consolidation effective July 6, 2026. INLIF Limited operates in the industrial automation industry, producing and selling manipulator arms and accessories.