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+4.22%
Close of 9 Nov 2026, in USD
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About Firefly Neuroscience
From its filings with the US Securities and Exchange Commission
Firefly Neuroscience is based in Kenmore, New York and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker AIFF. The SEC classifies its business as prepackaged software. In the fiscal year to 31 December 2025, it reported revenue of $1.1m and a net loss of $19.9m. At that date it held total assets of $10.5m and shareholders' equity of $7.6m.
Firefly Neuroscience, Inc. is an artificial intelligence company advancing precision neuroscience, applying AI and large-scale electrophysiological data to give clinicians a more complete, objective picture of how an individual patient's brain is functioning.
Firefly Neuroscience, Inc. is rebuilding the foundation of how electrophysiological data flows into clinical decision-making for brain health. We believe the brain is the most under-measured organ in medicine, and that the tools to change this have, until now, been inaccessible to the clinicians who need them most.
We have built the Firefly Platform: a vertically integrated hardware, software, and data infrastructure that captures standardized electroencephalographic (EEG) and event-related potential (ERP) assessments at the point of care, analyzes that data through our proprietary analytics engine, and delivers structured, clinician-ready reports back to the provider, all within a single seamless workflow. Every scan expands and enriches our database. Every clinic that joins our network increases the depth and diversity of our data. We describe this compounding relationship between clinical deployment, data acquisition, and report quality as the Firefly Flywheel.
Quoted from its 10-K, filed 31 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- IT Services
- Listed since
- 27 Oct 1993
- Employees
- 42
- Website
- wavedancer.com ↗
- Head office
- 1100 MILITARY ROAD, KENMORE, NY, 14217
- Incorporated in
- DE
- Classification
- Services-Prepackaged Software
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Dr. Arun MenawatIndependent Chairman of the Board
- Mr. David DecaprioPresident, Chief Operating Officer, Director, since 2024−$6
- Mr. Greg LipschitzChief Executive Officer, Director, since 2024$262,119
- Mr. Paul KrzywickiChief Financial Officer$154,962
- Mr. Gil IssacharChief Technology Officer$803,983
- Mr. Brian PosnerIndependent Director−$7
- Dr. Stella VnookIndependent Director
- Mr. Stephen KilmerInvestor Contact, since 2025
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Enterprise IT solutions focus on system modernization and cloud-based services.
- Government contracts with key departments like Defense and Homeland Security.
- 42 employees dedicated to legacy software migration and cybersecurity.
Weaknesses
- Limited to US operations with no international presence.
- Dependence on government contracts for revenue stability.
- Small employee count of 42 compared to industry standards.
Opportunities
- Expansion into commercial sector with growing demand for cloud solutions.
- Growing need for cybersecurity protection across industries.
- Increased demand for data analytics in enterprise IT.
Threats
- Economic downturns affecting government spending on IT projects.
- Competition from larger IT firms with broader service offerings.
- Potential policy changes impacting government contract awards.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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