HeartSciences (HSCS) Q4 2026 earnings summary

Executive summary

• Filed Annual Report on Form 10-K for fiscal year ended April 30, 2026, with the SEC.

• Fiscal 2026 marked the launch of Myo Vista Insights and transition to mainstream commercial revenue.

• Announced a proposed business combination with Fortitude Mining Holdings, a vertically integrated venture mining platform.

• Preliminary proxy statement for the merger expected to be filed soon, with a detailed earnings release and business update to follow.

Significant events and developments

• Proposed merger with Fortitude Mining Holdings, currently owned by Digital Currency Group, seen as a significant value creation opportunity for shareholders.

• The merger would provide continued ownership in a scaled business generating meaningful revenue and allow further focus on AI-ECG technology.

• Fortitude operates across the Proof-of-Work ecosystem, anchored in Zcash, with a diversified power portfolio and disciplined capital allocation.

Risk factors and uncertainties

• Risks include potential non-completion of the merger, failure to obtain shareholder approval, and adverse market or macroeconomic conditions.

• Integration challenges, volatility in cryptocurrency prices (especially Zcash), and regulatory uncertainties in digital assets are highlighted.

• Additional risks and uncertainties are detailed in SEC filings, including the latest 10-K and upcoming proxy statement.