Microcap Ledger

Tickers · $MEDS

DataMeds AI, Inc. $MEDS

By Microcap Ledger desk · CIK 0002030763

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Wholesale-Drugs, Proprietaries & Druggists' Sundries
Headquarters
Tampa, FL
Fiscal year end
December 31
Shares outstanding
3,061,919 [10-Q 2026-08-17]
as of 2026-08-17

Sources: [10-K 2026-03-20]

What the company doesAI summary of filing

Wellgistics Health, Inc. is a holding company incorporated in 2022 that operates through subsidiaries in pharmacy, pharmaceutical wholesale distribution, and digital health technology. The company operates Wellgistics Pharmacy, a mail order and specialty pharmacy licensed in 32 states that fills and delivers prescriptions to patients' homes; Wellgistics LLC, a 50-state FDA-licensed pharmaceutical wholesaler serving over 5,000 independent retail pharmacies; and DelivMeds, a pharmacy hub and technology platform that facilitates prescription transfers and clinical services to a network of independent pharmacies. The company generates revenue from prescription fulfillment reimbursed by insurance companies and pharmacy benefit managers, wholesale distribution to independent pharmacies, and plans to generate recurring SaaS transaction fees and service fees from pharmaceutical manufacturers for data, patient care coordination, clinical services, and pharmacy network access. [10-K 2026-03-20]

Segments: Pharmacy (Wellgistics Pharmacy), Wholesale Distribution (Wellgistics LLC), Technology Hub & Clinical Services (DelivMeds)

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026$3.34M−$26.11M −$6.31M$2.46M[10-Q 2026-08-17]
FY ended Dec 2025$23.34M−$101.27M −$10.86M$42.6K[10-K 2026-03-20]
FY ended Dec 2024$18.13M−$6.86M −$1.22M$1.03M[10-K 2026-03-20]
Quarterly cash burn
−$3.15M
Cash runway Estimate
~2.3 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2025-03-2051,944,397[10-K 2025-03-25]
2025-05-0971,860,505[10-Q 2025-05-12]
2025-08-1984,064,100[10-Q 2025-08-19]
2025-11-1989,729,281[10-Q 2025-11-19]
2026-03-06104,871,987[10-K/A 2026-04-24]
2026-05-19125,671,251[10-Q 2026-05-19]
2026-08-173,061,919[10-Q 2026-08-17]
Shelf registration
S-1 filed 2026-08-07; no effectiveness notice found in EDGAR [S-1 2026-08-07]

Listing status

Current status: 2 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2026-06-12. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2026-06-128-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2026-06-12]
2025-12-168-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-12-16]

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-06-22Ajjarapu Surendra Kother100,000$0.01[4 2026-06-25]
2026-06-22Patel Prashantother100,000$0.01[4 2026-06-25]
2026-03-31Patel Prashantgrant5,000,000$0.20[4 2026-04-23]
2026-03-31Ajjarapu Surendra Kgrant5,000,000$0.20[4 2026-04-23]

Catalysts and calendar

Facts as of . Small caps move fast; check the latest filings.