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I’m on the Meta Oversight Board. We need AI protections now | Suzanne Nossel
theguardiantheguardian38d ago

I’m on the Meta Oversight Board. We need AI protections now | Suzanne Nossel

AI is transforming our world. Accepting independent oversight is the least companies can do to protect our rightsThe speed with which AI is transforming our lives is head-spinning. Unlike previous technological revolutions – radio, nuclear fission or the internet – governments are not leading the way. We know that AI can be dangerous; chatbots advise teens on suicide and may soon be capable of instructing on how to create biological weapons. Yet there is no equivalent to the Federal Drug Administration, testing new models for safety before public release. Unlike in the nuclear industry, companies often don’t have to disclose dangerous breaches or accidents. The tech industry’s lobbying muscle, Washington’s paralyzing polarization, and the sheer complexity of such a potent, fast-moving technology have kept federal regulation at bay. European officials are facing pushback against rules that some claim hobble the continent’s competitiveness. Although several US states are piloting AI laws, they operate in a tentative patchwork and Donald Trump has attempted to render them invalid.Heads of AI platforms like OpenAI’s ChatGPT and Google’s Gemini say they care about safety. But owning the future of AI means pouring billions into models that not even their creators fully understand, and making choices like adding ads – and the capabilities that the Pentagon is now seeking from Anthropic – that raise risk. Anthropic, which styles itself as the most conscientious frontier AI company, says its model is trained to “imagine how a thoughtful senior Anthropic employee” would weigh helpfulness against possible harm. The directive echoes criticisms levied years ago over Silicon Valley companies that shaped the lives of users worldwide from insular boardrooms. Consumers don’t believe they are in good hands. Fully 77% of Americans surveyed last year think AI could pose a threat to humanity. Continue reading...

#TECH
Shinys Open Beta Debuts on Abstract
egamers38d ago

Shinys Open Beta Debuts on Abstract

In BriefNew Digital Frontier: Shiny's Open Beta goes live on the Abstract blockchain, merging luxurious collectibles with cutting-edge technology.Introductory Offer: New users receive a 10% discount on their first pack purchase valued between $25 and $250.Trust and Fairness: Shiny introduces verifiable randomness in pack openings, ensuring a transparent collectible market.Introducing Shiny on AbstractShiny, developed by Igloo Inc. – the creators behind Pudgy Penguins, has entered the Open Beta phase on Abstract, a user-friendly Ethereum Layer-2 blockchain. By linking high-value real-world collectibles with blockchain technology, Shiny transforms the traditional market with verified on-chain ownership. The platform, accessible through shiny.com, leverages the blockchain to provide a tamper-proof, transparent environment for collectors.A Warm Welcome for New CollectorsTo attract enthusiasts to this innovative platform, Shiny is offering a special promotional discount. New collectors who sign up using a referral link can enjoy a 10% saving on their first collectible pack purchase, applicable on packs priced from $25 to $250. This initiative is designed to encourage new participants to explore the benefits of blockchain-enhanced collectibles through Shiny.Promoting TransparencyA notable feature of Shiny is its use of verifiable randomness in all pack openings. This transparency-centric approach tackles common issues found in traditional collectible markets, such as opaque distribution methods in sealed products. Each outcome in Shiny’s system can be audited, ensuring that all collectors are participating in a fair market.Strategic Platform ChoiceChoosing Abstract as the launchpad for Shiny was strategic, considering its design that caters specifically to consumer applications. Since its mainnet debut in January 2025, Abstract has become a preferred platform due to its simplified account setup that attracts non-tech-savvy users, particularly luxury item collectors new to cryptocurrency and blockchain technology.Abstract: Enabling Consumer-Friendly Blockchain ApplicationsAbstract's ecosystem has been expanding, hosting numerous projects in areas like gaming, social media, and other collectible sectors. Its efficient ZK-rollup architecture supports low fees and fast transaction times, attributes essential for the satisfaction of users engaged in real-time trading and collecting.Redefining Luxury CollectiblesShiny sets itself apart by targeting traditional collectors of luxury goods who value certainty in authenticity and ownership. The blockchain serves not just as a transparency tool but also facilitates easier trading and secure digital asset management, eradicating the need for centralized validation. This unique convergence of luxury, authenticity, and blockchain technology underscores Shiny’s value to its users.ConclusionWith its groundbreaking integration of blockchain technology into the luxury collectibles market, Shiny is pioneering a new era in digital asset management and verification. This evolution in trading, ownership, and validation of collectibles is setting new standards in the industry for transparency and security. As Shiny progresses through its Open Beta on the Abstract blockchain, it lays the groundwork for potential widespread adoption of blockchain technology in various consumer transactions.

#CRYPTO
This crypto ring certifies your digital self with real-life handshakes
fastcompany38d ago

This crypto ring certifies your digital self with real-life handshakes

Reality is melting away before our eyes. Identity spoofing against older adults alone grew by 8x between 2020 and 2024, driven in part by convincing AI impersonations of friends and loved ones. It’s a problem costing people in the U.S. nearly half a billion dollars a year with no end in sight. Which is why a pair of design studios teamed up on a provocative solution that starts with a real-life handshake.Called Quartz, it’s a ring that adds friends to your network by literally shaking hands. And from there, it gatekeeps your online communications by proving you’re alive, proving you know the person you’re talking to, and proving provenance through encrypted channels. If any of these checks fails, then anything from text messages to Instagram DMs will be cut off to avoid spoofing.The speculative project was developed by design studios Modem and Retinaa. But while it’s purely a concept, the ideas offer a sort of blueprint that seems feasible for production.[Photos: Quartz]How Quartz worksIt all begins with a ring, fit with a chunk of quartz. That quartz is unique to your ring, with geometries that transpose directly to a blockchain certificate tied to your specific jewelry. The ring is also loaded with a vein scanner, which can see beneath your skin to measure your unique blood vessels. This scan becomes a verifiable image of you, similar to FaceID. Meanwhile, integrated pulse measurement assures that you are in living, breathing condition, any time your identity is verified.When you meet someone for the first time, you shake hands—and via NFC, your ring and their ring generate a “shared secret” cryptographic key. That key becomes the foundation to all of your future communications. If any piece fails, the communication channels go dark. Naturally, all of this friction limits how many people could be in your own Quartz network—reintroducing physical barriers to friendship that have been more or less erased in the modern world. Ultimately, not every friend on your Instagram or TikTok page could be part of this network. But that’s also what allows you to protect your most precious relationships so closely.[Photo: Quartz]Dystopia or Utopia? Now, there is still something . . . backward? . . eerie? . . depressing? about using a series of digital technologies to verify our real-life relationships. But that paradox is intentional, according to Scott Kooken, research and design director at Modem. “Where most online identity systems are built from abstract mathematics and invisible flows of data, Quartz reintroduces something physical and human,” he writes via email. “Physical presence is a foundational layer of the security stack. Without it, the system falls apart. In a world where everything else can be synthesized, that’s precisely what makes it the most valuable layer of all. The handshake isn’t symbolic: it’s part of the architecture.”Indeed, with Quartz, the security is the design which is the culture; your safety is built upon a human ritual that manages both the ring’s natural UX and its unseen cryptographic layer. To see what I mean by that, compare Quartz to the volleyball-sized eyeball scanner proposed by Sam Altman’s Tools for Humanity. This object has largely the same function as Quartz: scan someone’s biometrics to prove they are who they say they are. But this eye scanner is completely divorced from real-world rituals and interpersonal relationships; the whole idea looks torn from a 1990s James Cameron film, or a perhaps mid-aughts Logitech webcam.Right now, with AI blowing up more or less everything about our digital lives, we have the narrowest of windows to reimagine what we got wrong with our first swing at the internet and mobile technologies. We can decide whether we want to live in a society filled with handshakes or iris scans. But will we? Haha. No. We probably won’t. Just hardwire TikTok to my pacemaker and call it a day.

#CRYPTO
benzinga38d ago

RadNet Reports Fourth Quarter 2025 Results, Including Record Revenue and Adjusted EBITDA(1) and Releases 2026 Financial Guidance

Total Company Revenue increased 14.8% to a quarterly record of $547.7 million in the fourth quarter of 2025 from $477.1 million in the fourth quarter of 2024; Revenue from the Digital Health reportable segment (inclusive of intersegment revenue) increased 48.2% to $27.9 million in the fourth quarter of 2025 from $18.9 million in the fourth quarter of 2024Total Company Adjusted EBITDA(1) was a quarterly record of $87.7 million in the fourth quarter of 2025 as compared with $75.0 million in the fourth quarter of 2024, an increase of 16.9%; Digital Health reportable segment Adjusted EBITDA(1) increased 8.9% to $4.9 million in the fourth quarter of 2025 from $4.5 million in the fourth quarter of 2024Total Company Adjusted EBITDA(1) margins increased by 29 bps to 16.0% in the fourth quarter of 2025 as compared with 15.7% in the fourth quarter of 2024Adjusting for unusual or one-time items impacting Net Income in the quarter, Adjusted Earnings Per Share(3) was $0.23 for the fourth quarter of 2025; This compares with Adjusted Earnings Per Share(3) of $0.24 for the fourth quarter of 2024 In the fourth quarter of 2025, aggregate advanced imaging (MRI, CT and PET/CT) procedural volumes increased 14.1% and same-center advanced imaging procedural volumes increased 9.6% as compared with the fourth quarter of 2024RadNet releases 2026 guidance levels which anticipate Imaging Center segment Revenue growth of 17%-19%, Adjusted EBITDA(1) growth of 18%-22% and Free Cash Flow(2) growth of 29%-41% from 2025 levels; 2026 guidance levels anticipate Digital Health Revenue growth of 46%-56%LOS ANGELES, March 02, 2026 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ:RDNT), a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 418 owned and/or operated outpatient imaging centers, today reported financial results for its fourth quarter and full-year ended December 31, 2025.Dr. Howard Berger, President and Chief Executive Officer of RadNet, commented, "I am very pleased with the fourth quarter performance. Relative to last year's fourth quarter, Total Company Revenue increased 14.8% and Adjusted EBITDA(1) increased 16.9%, resulting in margin improvement of 29 basis points. This performance was driven by strong aggregate and same center procedural growth, combined with a continued focus on driving operating and clinical efficiencies within the Imaging Center segment. These factors, amongst others, contributed to RadNet exceeding 2025 Revenue and Adjusted EBITDA(1) guidance levels in the Imaging Center segment, which had been amended upwards throughout the year."Dr. Berger continued, "During the fourth quarter, we continued to experience increasing demand for our services in virtually all core markets, and operations teams were focused on improving patient-throughput and driving capacity at existing centers. In particular, disproportionately higher demand for advanced imaging continues to benefit our procedure mix, evidenced by a 178 basis point increase in MR, CT and PET/CT as a percentage of our overall procedure volume when compared with the fourth quarter of last year. At the same time, during the fourth quarter and throughout 2025, significant investments were made to open new centers and complete tuck-in acquisitions within virtually all core RadNet markets. RadNet centers continue to implement DeepHealth technology solutions to drive efficiencies, lower costs and automate manual processes. This includes the comprehensive roll-out of TechliveTM, See-Mode and other clinical and workflow tools designed to increase productivity, create capacity and decrease exposure to the challenging labor market. In the coming quarters, as we continue to implement many of these solutions internally, we will have the opportunity to demonstrate the power of improved automation and more advanced clinical and operational capabilities, which we believe will lead to more favorable patient care and health outcomes, improved service levels to referring physicians, further alignment with health system partners and closer relationships with insurance plans and other payors.""Moving into 2026, RadNet is well-positioned to accelerate growth within Digital Health. With the addition of products resulting from this morning's acquisition of Gleamer in Paris, France, the Digital Health division now includes what we believe to be the most comprehensive and broad collection of clinical AI solutions of any company worldwide. This will have broad implications for the performance of RadNet's core Imaging Center business, the businesses of the over 2,700 current Digital Health customers and future customers throughout the diagnostic imaging industry. The diagnostic imaging industry will transform in the coming years as a result of an industry-wide adoption of the kind of AI-powered workflow and clinical tools that RadNet is acquiring, developing, utilizing and commercializing. We intend to continue to develop and bring-to-market solutions that address the critical challenges the industry faces, including labor shortages, capacity constraints and the inability of radiologists to keep pace with growing industry volumes, all in an effort to improve patient care and outcomes," concluded Dr. Berger.Financial ResultsFourth Quarter Report:For the fourth quarter of 2025, RadNet reported Total Company Revenue of $547.7 million and Adjusted EBITDA(1) of $87.7 million. Revenue increased $70.6 million (or 14.8%) and Adjusted EBITDA(1) increased $12.7 million (or 16.9%) as compared with the fourth quarter of 2024. For the fourth quarter of 2025, RadNet reported Digital Health Revenue of $27.9 million (inclusive of intersegment revenue) and Adjusted EBITDA(1) of $4.9 million. Revenue increased $9.1 million (or 48.2%) and Adjusted EBITDA(1) increased $0.4 million (or 8.9%) as compared with the fourth quarter of 2024.There were a number of unusual or one-time items impacting the fourth quarter including: $531,000 in severance expense related to cost-savings initiatives; $233,000 impairment loss on lease abandonment; $788,000 expense related to leases for de novo facilities under construction that have yet to open their operations; $2.3 million of acquisition transaction costs; $6.5 million loss on sale and disposal of equipment; $6.3 million of non-capitalized research and development expenses related to the DeepHealth products; $679,000 of non-cash loss from interest rate swaps; and $5.7 million adjustment to the tax provision to normalize nonrecurring and prior year tax adjustments. Adjusting for the above items, Total Company Adjusted Earnings(3) was $18.1 million and diluted Adjusted Earnings Per Share(3) was $0.23 during the fourth quarter of 2025. This compares with Total Company Adjusted Earnings(3) of $18.1 million and diluted Adjusted Earnings Per Share(3) of $0.24 during the fourth quarter of 2024.Unadjusted for unusual or one-time items impacting the fourth quarter, Total Company Net Loss for the fourth quarter of 2025 was $0.6 million as compared with a Total Company Net Income of $5.3 million for the fourth quarter of 2024. Fully diluted Net Loss Per Share for the fourth quarter of 2025 was $(0.01), compared with a fully diluted Net Income per share of $0.07 in the fourth quarter of 2024, based upon a weighted average number of diluted shares outstanding of 76.6 million shares in 2025 and 75.5 million shares in 2024.For the fourth quarter of 2025, as compared with the prior year's fourth quarter, MRI volume increased 15.8%, CT volume increased 10.3% and PET/CT volume increased 28.3%. Overall volume, taking into account routine imaging exams, inclusive of x-ray, ultrasound, mammography and other exams, increased 7.0% over the prior year's fourth quarter. On a same-center basis, including only those centers which were part of RadNet for both the fourth quarters of 2025 and 2024, MRI volume increased 11.4%, CT volume increased 6.3% and PET/CT volume increased 14.3%. Overall same-center volume, taking into account routine imaging exams, inclusive of x-ray, ultrasound, mammography and other exams, increased 4.5% over the prior year's same quarter.Annual Report:For full-year 2025, RadNet reported Total Company Revenue of $2,040.2 million and Adjusted EBITDA(1) of $300.2 million. Revenue increased $210.5 million (or 11.5%) and Adjusted EBITDA(1) increased $20.8 million (or 7.4%) as compared with full-year 2024. For full-year 2025, RadNet reported Digital Health Revenue (inclusive of intersegment revenue) of $92.7 million and Adjusted EBITDA(1) of $15.5 million. Revenue increased $27.0 million (or 41.1%) and Adjusted EBITDA(1) increased $0.3 million (or 1.9%) as compared with full-year 2024. At December 31, 2025, Annual Recurring Revenue(4) (ARR) for the Digital Health was $75.4 million, representing 81.3% of 2025 Revenue.Unadjusted for one-time or unusual items, Total Company Net Loss for 2025 was $18.7 million as compared with a Total Company Net Income of $2.8 million in 2024. Fully diluted Net Loss Per Share for 2025 was $(0.25), compared with a Net Income per share of $0.04 in 2024, based upon a weighted average number of diluted shares outstanding of 75.2 million shares in 2025 and 74.8 million shares in 2024.Actual 2025 Results vs. 2025 GuidanceImaging Center Segment Original Guidance Range Revised Guidance Range After Q1 Results Revised Guidance Range After Q2 Results Revised Guidance Range After Q3 Results Actual 2025 Results Total Net Revenue$1,825-$1,875mm $1,835-$1,885mm $1,850-$1,900mm $1,900-$1,930mm $1,988.2mmAdjusted EBITDA(1)$265 - $273mm $268 - $276mm $271 - $279mm $276 - $284mm $284.7mmCapital Expenditures(a)$140 - $150mm $145 - $155mm $152 - $162mm $157 - $167mm $170.5mmCash Interest Expense(b)$35 - $40mm $35 - $40mm $35 - $40mm $31 - $36mm $32.5mmFree Cash Flow (2)$70 - $80mm $70 - $80mm $70 - $80mm $70 - $80mm $81.7mm (a) Net of proceeds from the sale of equipment and New Jersey Imaging Network capital expenditures.(b) Net of payments received from counterparties on interest rate swaps and interest income from our cash balance recorded in Other Income.Digital Health Segment Original Guidance Range Revised Guidance Range After Q2 Results Revised Guidance Range After Q3 Results Actual 2024 Results Total Net Revenue (inclusive of intersegment revenue)$80 - $90mm $80 - $90mm $85 - $95mm $92.7mm Adjusted EBITDA(1) Before Non-Capitalized R&D - DeepHealth Cloud OS & Generative AI$15 - $17mm $15 - $17mm $15 - $17mm $15.5mm Non-Capitalized R&D - DeepHealth Cloud OS & Generative AI$16 - $18mm $17 - $19mm $18 - $20mm $20.2mm Capital Expenditures(a)$3 - $5mm $2 - $4mm $3 - $5mm $2.0mm Free Cash Flow(2) Before Non-Capitalized R&D - DeepHealth Cloud OS & Generative AI$11 - $13mm $11 - $13mm $10 - $12mm $13.5mm Free Cash Flow(2) After Non-Capitalized R&D - DeepHealth Cloud OS & Generative AI$(5) - $(8)mm $(5) - $(8)mm $(5) - $(9)mm $(6.7)mm (a) Excludes a $2.6 million purchase of software code and other intellectual property.2026 GuidanceRadNet reports 2026 guidance ranges as follows: Imaging Center Segment 2026Guidance Range Total Net Revenue$2,325 - $2,375Adjusted EBITDA(1)$335 - $348 millionCapital Expenditures(a)$165 - $175 millionCash Interest Expense(b)$45 - $50 millionFree Cash Flow(2)$105 - $115 million (a) Net of proceeds from the sale of equipment and New Jersey Imaging Network capital expenditures.(b) Net of payments from counterparties on interest rate swaps and interest income earned from our cash balance recorded in Other Income.Dr Berger added, "Within the Imaging Center segment, we expect 2026 performance to benefit from the contribution of continued increases in same-center performance, further tuck-in acquisitions, reimbursement efforts driving more favorable pricing and de novo center openings. As a result, our guidance implies 2026 Revenue to grow 17%-19%, Adjusted EBITDA(1) to grow 18%-22% and Free Cash Flow(2) to grow 29%-41% as compared with 2025 full year performance. We are anticipating this strong growth despite headwinds embedded in the guidance levels from projected increases in same-center labor costs as well as the recent impact of severe winter weather conditions experienced in January and February."Digital Health Segment 2026Guidance Range Total Net Revenue(a)$135 - $145 million Adjusted EBITDA(1) Before Non-Capitalized R&D(b)$10 - $12 million Non-Capitalized R&D$17 - $19 million Capital Expenditures$9 - $12 million Free Cash Flow(2) Before Non-Capitalized R&D - DeepHealth Cloud OS & Generative AI$(1) - $3 million Free Cash Flow(2) After Non-Capitalized R&D - DeepHealth Cloud OS & Generative AI$(17) - $(19) million (a) Includes approximately $16 million of Revenue as a result of the acquisition of Gleamer SAS announced this morning.(b) Includes a loss of approximately $5 million of Adjusted EBITDA(1) Before Non-Capitalized R&D as a result of the acquisition of Gleamer SAS announced this morning."Within the Digital Health segment, 2026 growth will be driven by sales of the DeepHealth portfolio of AI-powered workflow and clinical solutions and related products such as TechLiveTM and further contribution from the acquisitions of iCAD, See-Mode, CIMAR and Gleamer. We are anticipating a minimum of four FDA clearances during 2026, further advancing our leadership in radiology clinical AI solutions in the areas of mammography, lung, prostate, thyroid, brain and, with this morning's announced acquisition of Gleamer, the musculoskeletal system. In 2026, significant infrastructure investments will continue to be made in building sales, marketing and implementation teams to support future growth. Despite the continued focus it takes to invest in building the infrastructure of the business, 2026 Digital Health guidance implies growth of Revenue between 45% and 55% from 2025 full-year performance. We anticipate ARR at December 31, 2026 to approach or exceed $140 million. Furthermore, we expect that the proportion of Digital Health's Revenue coming from RadNet's Imaging Center segment will decline from approximately 45% in 2025 to about 33% in 2026," concluded Dr. Berger.Conference Call TodayDr. Howard Berger, President and Chief Executive Officer, and Mark Stolper, Executive Vice President and Chief Financial Officer, will host a conference call today, March 2nd, at 10:30 a.m. Eastern Time. During the call, management will discuss the Company's 2025 fourth quarter and year-end results.Conference Call Details:Date: Monday, March 2, 2026Time: 10:30 a.m. ETDial In-Number: 844-826-3035International Dial-In Number: 412-317-5195There will also be simultaneous and archived webcasts available at https://viavid.webcasts.com/starthere.jsp?ei=1753363&tp_key=503d78aa96 [viavid.webcasts.com] or http://www.radnet.com under the "About RadNet" menu section and "News & Press Releases" sub-menu of the website. An archived replay of the call will also be available and can be accessed by dialing 844-512-2921 from the U.S., or 412-317-6671 for international callers, and using the passcode 10206844.About RadNet, Inc.RadNet, Inc. is a leading national provider of freestanding, fixed-site diagnostic imaging services in the United States based on the number of locations and annual imaging revenue. RadNet has a network of owned and/or operated outpatient imaging centers. RadNet's markets include Arizona, California, Delaware, Florida, Indiana, Maryland, New Jersey, New York and Texas. In addition, RadNet provides radiology information technology and artificial intelligence solutions marketed under the DeepHealth brand, teleradiology professional services and other related products and services to customers in the diagnostic imaging industry. Together with contracted radiologists, and inclusive of full-time and per diem employees and technologists, RadNet has over 11,000 team members. Learn more at www.radnet.com.Forward Looking StatementsThis press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are expressions of our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, and anticipated future conditions, events and trends. Forward-looking statements can generally be identified by words such as: "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. Forward-looking statements in this press release include statements about our anticipated business results, balance sheet and liquidity and our future liquidity, burn rate and our continuing ability to service or refinance our current indebtedness.Forward-looking statements are neither historical facts nor assurances of future performance. Because forward-looking statements relate to the future, they are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not place undue reliance on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following:changes in general economic conditions nationally and regionally in the markets in which we operate, including their effects on the cost and availability of labor;our ability to service our indebtedness, make principal and interest payments as those payments become due and remain in compliance with applicable debt covenants, in addition to our ability to refinance such indebtedness on acceptable terms;the availability and terms of capital to fund the expansion of our business and improvements to our existing facilities;our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so;volatility in interest and exchange rates, or credit markets;the adequacy of our cash flow and earnings to fund our current and future operations;changes in service mix, revenue mix and procedure volumes;delays in receiving payments for services provided;increased bankruptcies among our partner physicians or joint venture partners;the impact of the political environment and related developments on the current healthcare marketplace and on our business, including with respect to the future of the Affordable Care Act;the extent to which the ongoing implementation of healthcare reform, or changes in or new legislation, regulations or guidance, enforcement thereof by federal and state regulators or related litigation result in a reduction in coverage or reimbursement rates for our services, or other material impacts to our business;closures or slowdowns and changes in labor costs and labor difficulties, including stoppages affecting either our operations or our suppliers' abilities to deliver supplies needed in our facilities;the occurrence of hostilities, political instability or catastrophic events;the emergence or reemergence of and effects related to future pandemics, epidemics and infectious diseases; andnoncompliance by us with any privacy or security laws or any cybersecurity incident or other security breach by us or a third party involving the misappropriation, loss or other unauthorized use or disclosure of confidential information.Any forward-looking statement contained in this current report is based on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that we may make from time to time, whether as a result of changed circumstances, new information, future developments or otherwise, except as required by applicable law.Regulation G: GAAP and Non-GAAP Financial InformationThis release contains certain financial information not reported in accordance with GAAP. The Company uses both GAAP and non-GAAP metrics to measure its financial results. The Company believes that, in addition to GAAP metrics, these non-GAAP metrics assist the Company in measuring its cash-based performance. The Company believes this information is useful to investors and other interested parties because it removes unusual and nonrecurring charges that occur in the affected period and provides a basis for measuring the Company's financial condition against other quarters. Such information should not be considered as a substitute for any measures calculated in accordance with GAAP, and may not be comparable to other similarly titled measures of other companies. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. Reconciliation of this information to the most comparable GAAP measures is included in this release in the tables which follow.CONTACTS: RadNet, Inc.Mark Stolper, 310-445-2800Executive Vice President and Chief Financial Officer RADNET, INC. AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS(IN THOUSANDS EXCEPT SHARE AND PER SHARE DATA) December 31, 2025 December 31, 2024 ASSETS CURRENT ASSETS Cash and Cash equivalents$767,215 $740,020 Accounts receivable 200,317 185,821 Due from affiliates 12,592 41,869 Prepaid expenses and other current assets 52,003 51,542 Total current assets 1,032,127 1,019,252 PROPERTY, EQUIPMENT AND RIGHT-OF-USE ASSETS Property and equipment, net 807,702 694,791 Operating lease right-of-use assets 690,250 639,740 Total property, plant, equipment and right-of-use assets 1,497,952 1,334,531 OTHER ASSETS Goodwill 907,663 710,663 Other intangible assets 148,508 81,351 Deferred financing costs 1,684 2,265 Investment in joint ventures 130,340 104,057 Deposits and other 40,289 34,571 Total Assets$3,758,563 $3,286,690 LIABILITIES AND EQUITY CURRENT LIABILITIES Accounts payable, accrued expenses and other$422,029 $351,464 Due to affiliates 70,104 43,650 Deferred revenue 7,272 3,288 Current operating lease liability 61,934 56,618 Current portion of notes payable 25,424 24,692 Total current liabilities 586,763 479,712 LONG-TERM LIABILITIES Long-term operating lease liability 707,001 655,979 Notes payable, net of current portion 1,064,495 991,574 Deferred tax liability, net 21,903 22,230 Other non-current liabilities 22,515 3,785 Total liabilities 2,402,677 2,153,280 EQUITY RadNet, Inc. stockholders' equity: Common stock - $0.0001 value, 200,000,000 shares authorized; 77,399,615 and 74,036,993 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively 8 7 Additional paid-in-capital 1,180,434 988,147 Accumulated other comprehensive loss 4,885 (9,061)Accumulated deficit (95,437) (76,785)Total RadNet, Inc.'s Stockholders' equity: 1,089,890 902,308 Noncontrolling interests 265,996 231,102 Total Equity 1,355,886 1,133,410 Total liabilities and equity$3,758,563 $3,286,690 RADNET, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENT OF OPERATIONS(IN THOUSANDS EXCEPT FOR SHARE AND PER SHARE DATA) Years Ended December 31, 2025 2024 2023 REVENUE Service fee revenue$1,914,673 $1,693,089 $1,463,197 Revenue under capitation arrangements 125,537 136,575 153,433 Total service revenue 2,040,210 1,829,664 1,616,630 OPERATING EXPENSES Cost of operations, excluding depreciation and amortization 1,804,725 1,580,549 1,395,239 Lease abandonment charges 8,563 2,478 5,146 Depreciation and amortization 152,127 137,838 128,391 Loss ...Full story available on Benzinga.com

#STOCKS
globenewswire_fr38d ago

Zymeworks Provides Corporate Update and Reports Fourth Quarter and Full Year 2025 Financial Results

VANCOUVER, British Columbia, March 02, 2026 (GLOBE NEWSWIRE) -- Zymeworks Inc. (Nasdaq: ZYME), a biotechnology company managing a portfolio of licensed healthcare assets, while developing a diverse pipeline of novel, multifunctional biotherapeutics, today reported financial results for the fourth quarter and year ended December 31, 2025 and provided a summary of recent business highlights.

#STOCKS
globenewswire38d ago

Hudbay to Acquire Arizona Sonoran Creating the Third Largest Copper District in North America

TORONTO, March 02, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) and Arizona Sonoran Copper Company Inc. (“ASCU”) (TSX: ASCU; OTCQX: ASCUF) are pleased to announce that they have entered into a definitive agreement (the “Arrangement Agreement”) pursuant to which Hudbay has agreed to acquire all of the issued and outstanding common shares of ASCU, not already owned by Hudbay, for consideration of 0.242 of a common share of Hudbay per common share of ASCU (the “Transaction”). The offer implies a value of C$9.35 per ASCU share based on Hudbay's closing share price on the Toronto Stock Exchange (“TSX”) on February 27, 2026, and represents a premium of 30% to ASCU’s closing share price on February 27, 2026. The offer implies a premium of 36% based on Hudbay’s and ASCU’s 20-day volume-weighted-average share prices ("VWAP") on the TSX for the period ending February 27, 2026. The Transaction will result in Hudbay owning a 100% interest in ASCU’s Cactus project (“Cactus”).

#STOCKS#COMMODITIES
globenewswire38d ago

Discovery Announces Acquisition of Glencore’s Kidd Operations

TORONTO, March 02, 2026 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) to acquire, through a wholly-owned subsidiary, Glencore Canada Corporation’s (“Glencore”) 100% interest in the Kidd operations (“Kidd” or the “Kidd Operations”) in Timmins, Ontario (the “Transaction”). The Kidd Operations include the Kidd Metallurgical Site (the “Kidd Met Site”), the Kidd tailings management area (the “Kidd TMA” or the “TMA”) and the Kidd Creek copper, zinc and silver mine (the “Kidd Creek Mine”). All amounts are in US dollars unless otherwise specified.

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