Check-Cap Ltd

Check-Cap Ltd. filed audited financial statements for MBody AI Corp. for the year ended December 31, 2025, showing net income of $507,851 and total net revenue of $2,334,921. The filing also included unaudited pro-forma combined financial statements for the pending merger between Check-Cap Ltd. and MBody AI Corp., indicating a pro-forma combined net income of $4,649,000 for 2025. Check-Cap shareholders approved the merger in November 2025, with the closing anticipated in the second half of 2026.

MBody AI Corp. reported significant financial growth for the year ended December 31, 2025, with net income reaching $507,851 and total net revenue of $2.4 million. This disclosure is made in anticipation of its proposed merger with Check-Cap Ltd., where MBody AI will be the accounting acquirer. The company is strategically transitioning to a software-as-a-service (SaaS) and AI-platform subscription model, which contributed to a substantial increase in customer subscription contract revenue. The merger is expected to be finalized in the first half of 2026.