FIEE

First Quarter Revenue Reached $2.1 million Gross Margin of 70.4% Supported Profit Turnaround in First Quarter 2026 OSAKA, Japan, April 30, 2026 /PRNewswire/ -- FiEE, Inc. (NASDAQ:FIEE) ("FiEE" or the "Company"), a technology company integrating IoT, connectivity and AI to redefine brand management solutions in the digital era, today announced its financial results for the first quarter ended March 31, 2026. Operational and Financial Highlights for the Three Months Ended March 31, 2026 Revenue was approximately $2.1 million, compared to $125 for the three months ended March 31, 2025. The increase in revenue primarily reflects the Company's strategic transition from legacy hardware operations to software-as-a-service ("SaaS") solutions, with the new business model focusing on integrating AI and big data into content creation and brand management, generating sales since March 2025. The increase in revenue is also driven by the Company's newly introduced customized software R&D services and digital authentication services. As of March 31, 2026, FiEE onboarded approximately 818 customers for its SaaS service, corresponding to SaaS – multi-channel network ("MCN") digital service fees totaling $6.9 million, of which $6.4 million was recognized as revenue cumulatively, including $1.1 million recognized in the three months ended March 31, 2026. Building on this momentum, FiEE introduced customized software services in July 2025. As of March 31, 2026, FiEE secured contracts totaling $1.5 million for customized software services, of which $0.6 million was recognized as revenue in the three months ended March 31, 2026. During the three months ended March 31, 2026, FiEE added five new customers, bringing the total number of customers for its software services to 17. Through the acquisition of Houren-Geiju Kabushikikaisha in November 2025, FiEE added the ability to provide digital authentication, certification, and display services for artwork. As of March 31, 2026, this business had generated cumulative revenue of $0.8 million, including $0.4 million recognized in the three months ended March 31, 2026, serving five corporate and 52 individual clients. Gross profit was approximately $1.5 million, compared to a gross loss of $625 for the three months ended March 31, 2025. Net income was approximately $0.4 million, compared to a net loss of $0.4 million for the three months...

Full-Year Revenue Growth of 867.9% Year-over-Year Achieved Net Income Turnaround in Fiscal Year 2025 HONG KONG, March 20, 2026 /PRNewswire/ -- FiEE, Inc. (NASDAQ:FIEE) ("FiEE" or the "Company"), a technology company integrating IoT, connectivity and AI to redefine brand management solutions in the digital era, today announced its financial results for the fourth quarter and full-year ended December 31, 2025. Operational and Financial Highlights for the Year Ended December 31, 2025 Revenue increased 867.9% year-over-year to approximately $6.2 million. The increase in revenue primarily reflects the Company's strategic transition from legacy hardware operations to SaaS solutions, with a new business model focusing on integrating AI and big data into content creation and brand management. Notably, during March 2025, we successfully secured our first customer orders and generated initial sales, marking a critical milestone in the strategic pivot. Our target clients are individuals or entities seeking to grow their online presence as influencers or content creators. Gross profit increased 2,483.0% year-over-year to approximately $5.4 million. Gross margin improved significantly to 86.4%, as compared to 32.4% in the prior year. Net income was approximately $1.1 million, representing a turnaround from a net loss of $4.2 million in the prior year. Net cash provided by operating activities was approximately $3.6 million during the year ended December 31, 2025. During 2025, the Company onboarded approximately 800 customers. The newly onboarded customers in 2025 led to SaaS – MCN digital service fees totaling $6.8 million, of which $5.3 million was recognized as revenue in 2025. The Company introduced customized software services in July 2025. As of December 31, 2025, we have secured contracts totaling $1.2 million for customized software services, a portion of which was recognized as revenue in 2025 based on the progress of completion. As of December 31, 2025, we successfully signed contracts with 13 customers for these customized software services, with related accounts receivable amounting to $0.6 million. Through the acquisition of Houren-Geiju Kabushikikaisha, a Japanese technology company specializing in digital authentication services for art collections, in November 2025, we added the ability to provide digital authentication services. As of December 31, 2025, d...

Strong revenue growth supported by growing customer base and SaaS Solution Business Expected to achieve a positive Net Income highlighting a successful transformation HONG KONG, Feb. 2, 2026 /PRNewswire/ -- FiEE, Inc. (NASDAQ:FIEE) ("FiEE," the "Company," "we," "our," or similar terms), a technology company integrating IoT, connectivity, and AI to redefine brand management solutions in the digital era, today provided an update on its business and select preliminary financial results for the fourth quarter and full year ended December 31, 2025. These include the following select preliminary financial results and updates: Full Fiscal Year 2025 Select Preliminary Estimated Financial Results: Net Sales of approximately $6 million Gross profit of approximately $5 million Net Income of approximately $1 million Fourth Quarter 2025 Select Preliminary Estimated Financial Results: Net Sales of approximately $4 million Gross profit of approximately $3 million Net Income of approximately $2 million Rafael Li, Chief Executive Officer and President of FiEE, commented, "We are pleased with our strong fourth quarter 2025 performance, along with a full-year growth across both sales and profit. Supported by our strategic transformation towards SaaS solutions, our net sales recorded an increase of 870.8% year-over-year. We also showed improved profitability, with gross profit increasing 2,506.1% year-on-year and Net Income achieving a turnaround to approximately $1 million. Looking ahead, we plan to remain committed to investing in R&D to enhance customer experience and deliver greater brand value across the digital content landscape. We look forward to sharing more details with you as we continue to execute over the coming year ahead." The preliminary financial results are unaudited, have not been reviewed by the Company's independent registered public accountants, and remain subject to the completion of normal year-end accounting procedures and adjustments and are therefore subject to change. The Company expects to release final financial and operating results for the fiscal fourth quarter and fiscal year ended December 31, 2025 during March 2026. About FiEE, Inc. FiEE, Inc. (NASDAQ:FIEE), formerly Minim, Inc., was founded in 1977. The Company has a historical track record of delivering comprehensive WiFi/Software as a Service platform in the market. After years of developme...

First Nine Months Revenue Increased Significantly by over 2 10 % YoY Dual growth engine from MCN Digital Services and Customized Software R&D Services HONG KONG, Nov. 12, 2025 /PRNewswire/ -- FiEE, Inc. (NASDAQ:FIEE) ("FiEE" or the "Company"), a technology company integrating IoT, connectivity and AI to redefine brand management solutions in the digital era, today announced its unaudited financial results for the third quarter ended September 30, 2025. Operational and Financial Highlights for the Three and Nine Months Ended September 30, 2025 Net sales for the three months ended September 30, 2025 were $1,939,542, a significant increase from $44,993 for the three months ended June 30, 2025. Net sales for the nine months ended September 30, 2025 were $1,984,660, representing a 210% increase year-over-year. The increase in net sales primarily reflects the Company's successful transition from legacy hardware operations to software-as-a-service ("SaaS") solutions with a new business focus on integrating artificial intelligence and big data into content creation and brand management. The increase in net sales is also driven by the newly introduced customized software R&D services which began in July 2025. As of September 30, 2025, the Company onboarded 528 customers for our SaaS service, compared to 245 customers as of June 30, 2025. Prepaid subscription fees for our SaaS service were $4.24 million for the nine months ended September 30, 2025, compared to $1.5 million for the six months ended June 30, 2025, demonstrating the early traction of our SaaS offerings. Gross profit for the nine months ended September 30, 2025 was $1,648,241, a significant increase from $207,259 for the nine months ended September 30, 2024. Gross margin also improved significantly to 83% for the nine months ended September 30, 2025, compared to 32.4% for the same period in 2024. This further reflects the Company's successful pivot to SaaS solutions. Net Loss for the three months ended September 30, 2025 was $252,985, a significant decrease from the net loss of $625,067 for the three months ended September 30, 2024. For the nine months ended September 30, 2025, net loss was reduced by around 71% year-over-year to $1,266,575. The significant narrowing of our net loss highlights the effectiveness of our strategic pivot. Net cash provided by operating activities reached $2,478,829 during the...

First Half Revenue of $45,118 Prepaid subscription fees received from customers for our SaaS service were $1.5 Million. HONG KONG, Aug. 13, 2025 /PRNewswire/ -- FiEE, Inc. (NASDAQ:FIEE) ("FiEE" or the "Company"), a technology company integrating IoT, connectivity and AI to redefine brand management solutions in the digital era, today announced its unaudited financial results for the three and six months ended June 30, 2025. Operational and Financial Highlights for the Three and Six Months Ended June 30, 2025 Net sales for the three months ended June 30, 2025 were $44,993, a significant increase from $125 for the three months ended March 31, 2025. The increase in net sales was primarily a result of the Company's strategic transition from legacy hardware operations to software-as-a-service ("SaaS") solutions, with a new focus on integrating artificial intelligence and data analytics into content creation and brand management. The Company secured its first customer orders and generated initial sales, marking a critical milestone in the strategic pivot. Net sales for the six months ended June 30, 2025 were $45,118, down from $639,893 year-over-year, which was primarily due to our strategic business transformation. As of June 30, 2025, the Company onboarded 245 customers, representing a considerable increase compared to 1 new customer upon launching its SaaS services on March 28, 2025, illustrating the early traction of our new SaaS products. Prepaid subscription fees received from customers for our SaaS service were $1.5 million which highlights the early traction of our SaaS offerings. Gross profit for the six months ended June 30, 2025 was $438, down from $207,259 for the six months ended June 30, 2024, which was primarily due to our strategic business transformation. Net loss for the six months ended June 30, 2025 was $1,013,590 representing a significant improvement as compared to a net loss of $3,746,867 in the first half of 2024. The narrowing of our net loss highlights the early success of our strategic transition. Net cash provided by operating activities for the six months ended June 30, 2025 was $171,955, comparing with the cash used from operating activities of $2,878,506 in the first half of 2024. Rafael Li, Chief Executive Officer of FiEE, commented, "FiEE has been undergoing a strategic transition from legacy hardware operations to redefine brand m...