Sativus Tech Corp., formerly known as Seedo Corp., has unveiled its Form 10-Q report for the third quarter of 2025, shedding light on the company’s financial performance and operational advancements. The report underscores the company’s commitment to revolutionizing agriculture technology, particularly in the automated cultivation of high-quality saffron through its subsidiary, Saffron Tech.
Financially, the company reported an operating loss of $(260) thousand, reflecting an increase in research and development expenses compared to the same period in 2024. The net loss stood at $(98) thousand, compared to a net loss of $(12) thousand for the same period in 2024, primarily due to increased operating expenses. The net loss attributable to equity holders of the company was $(1) thousand, compared to a net income of $70 thousand for the same period in 2024. Basic and diluted net loss per share attributable to equity holders of the company was $(0.00), compared to $(0.02) for the same period in 2024.
Despite these financial challenges, Sativus Tech Corp. is making significant strides in its business operations. The company is heavily invested in research and development, particularly in agriculture technology for exotic plants and mushrooms. Saffron Tech is in the advanced stages of testing its automated saffron growing system, which promises higher yields compared to traditional methods. This innovation could potentially disrupt the saffron market, known for its labor-intensive and low-yield cultivation processes.
One of the notable business highlights is the launch of a pilot site in Ganei Tal, Israel. This site demonstrates commercial-like saffron cultivation using proprietary technology and aims to grow over 12,000 corms in four cycles per year. Additionally, Saffron Tech has expanded its operations to the Golan Heights in Northern Israel, managing a plantation of approximately 25,000 saffron bulbs in collaboration with the Shamir Research Institute.
Looking ahead, Saffron Tech plans to roll out its proof of concept for automated saffron growing containers in the coming months. The company aims to be the first to achieve large-scale saffron production using vertical farming technology, a move that could significantly enhance saffron production efficiency and sustainability.
Strategically, Saffron Tech has entered into an investment agreement with Dreamtech Co Ltd, a Korean-based company, to fund saffron cultivation in Korea. This partnership includes an initial investment of $1 million, with an additional $1 million contingent on successful cultivation. Such collaborations underscore the company’s global ambitions and its commitment to leveraging technology for agricultural innovation.
However, the company faces substantial doubt about its ability to continue as a going concern due to accumulated deficits and negative cash flow. It is actively seeking additional financing to support its operations and future growth. This financial uncertainty is a critical aspect that investors and stakeholders will need to monitor closely.
The implications of Sativus Tech Corp.’s advancements are far-reaching. By pioneering automated saffron cultivation, the company is not only addressing the challenges of traditional saffron farming but also setting a precedent for the future of agriculture technology. The successful implementation of its proprietary technology could lead to more sustainable and efficient farming practices, benefiting both the environment and the economy.
As Sativus Tech Corp. continues to navigate its financial challenges and push the boundaries of agricultural innovation, the industry will be watching closely. The company’s journey reflects the broader trends in agritech, where technology and sustainability are increasingly intertwined, driving the future of farming.