Issue 002 | U.S. Pilot | US

REVB

REVELATION BIOSCIENCES, INC.

Screen state: Passing Source state: Verified 10-Q | 2026-05-07 Filing currency: USD

Open Filing Back to Register Report a correction

Internal NCAV Discount 62.0%

GNNI internal NCAV discount calculation. Market context inputs are retained internally and are not displayed.

Current Assets: 14,206,035USD
Total Liabilities: 2,055,329USD
NCAV: 12,150,706USD
Cash: 14,113,415USD
NCAV per share: 3.11USD/share
Evidence: 6 annual | 23 quarterly

Mary filing review

Financial Statement Evidence

Deterministic observations from the frozen Mary Reason Card. They annotate filing evidence and do not determine screen inclusion.

Not captured in this issue’s Mary run.

This archived issue is not backfilled with observations from a later screening run.

Business Profile

Published only when a substantive filing-text profile has been prepared for this issue.

Not available for this issue.

A substantive filing-text profile was not prepared for this company. Financial statement evidence and filing links remain available above for direct inspection.

Historical values can be viewed as reported in each filing or normalized to the latest verified split basis. These are measurement aids, not conclusions about a company.

Policy: normalize_to_latest_verified_split_basis | quality: verified

Display basis Normalized to latest verified split basis As reported in each filing

Metric	2026-03-31 10-Q Open filing	2025-12-31 10-K Open filing	2025-09-30 10-Q Open filing	2025-06-30 10-Q Open filing	2025-03-31 10-Q Open filing	2024-12-31 10-K Open filing	2024-09-30 10-Q Open filing	2024-06-30 10-Q Open filing	2024-03-31 10-Q Open filing	2023-12-31 10-K Open filing	2023-09-30 10-Q Open filing	2023-06-30 10-Q Open filing	2023-03-31 10-Q Open filing	2022-12-31 10-K Open filing	2022-09-30 10-Q Open filing	2022-06-30 10-Q Open filing	2022-03-31 10-Q Open filing	2021-12-31 10-K Open filing	2021-09-30 10-Q Open filing	2021-06-30 10-Q Open filing	2021-03-31 10-Q Open filing	2020-12-31 10-K Open filing
Period-end Shares Outstanding	3,908,4203,908,420	1,583,9691,583,969	896,4933,585,972	383,6591,534,637	80,316963,796	43,519522,223	11,1784,292,455	4,2801,643,395	4,2521,632,935	689264,537	5476,297,303	5476,297,303	4114,729,839	59682,882	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	01,819,538	02,541,533
Weighted-average Basic Shares	n/an/a	620,785620,785	n/an/a	01	03	14,292171,510	6,9792,679,941	4,2581,635,234	2,8381,089,833	n/an/a	5476,297,303	5055,812,278	1922,210,703	n/an/a	n/an/a	n/an/a	n/an/a	01,819,538	n/an/a	n/an/a	n/an/a	n/an/a
Weighted-average Diluted Shares	3,207,7203,207,720	n/an/a	661,1832,644,733	200,668802,670	80,943971,313	n/an/a	6,9792,679,941	4,2581,635,234	2,8381,089,833	595228,641	5476,297,303	5055,812,278	2723,135,916	47539,037	321,055,211	215,082,771	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a	n/an/a
Basic EPS	-3-3	-24-24	-10-10	-14-14	-2-2	-88-88	-7-7	-8-8	-2-2	-1-1	00	22	33	-20-20	-1-1	-1-1	-16-16	-1-1	-4-4	-2-2	n/an/a	-1-1
Diluted EPS	-3-3	-24-24	-10-10	-14-14	-2-2	-88-88	-7-7	-8-8	-2-2	-1-1	-0-0	22	22	-20-20	-1-1	-1-1	-16-16	-42-42	-4-4	-2-2	n/an/a	n/an/a
Basic-to-Diluted Share Difference	Insufficient evidence	Insufficient evidence	Insufficient evidence	80266900.0%	32377000.0%	Insufficient evidence	0.0%	0.0%	0.0%	Insufficient evidence	0.0%	0.0%	41.9%	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence
Net Share Count Change	146.7%	76.7%	133.7%	377.7%	84.6%	289.3%	161.2%	0.6%	517.3%	26.0%	0.0%	33.1%	592.6%	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	-28.4%	Insufficient evidence
Ownership Claim Change	-59.5%	-43.4%	-57.2%	-79.1%	-45.8%	-74.3%	-61.7%	-0.6%	-83.8%	-20.7%	0.0%	-24.9%	-85.6%	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	39.7%	Insufficient evidence

Verified split events: reverse 20.0 on 2023-01-30; reverse 35.0 on 2023-02-01; reverse 30.0 on 2024-01-25; reverse 2.0 on 2025-01-17; reverse 16.0 on 2025-01-28; reverse 3.0 on 2025-07-07; reverse 4.0 on 2026-01-28

Known Unknowns

Medium | Share Count

The current U.S. Pilot does not yet evaluate share-count trends or post-filing dilution beyond Mary's screening flags.

Low | Classification

U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.

Annual Financials

Latest annual periods, newest first. Missing cells render as n/a.

Metric	2025-12-31 10-K USD	2024-12-31 10-K USD	2023-12-31 10-K USD	2022-12-31 10-K USD	2021-12-31 10-K USD	2020-12-31 10-K USD
Revenue	n/a	n/a	n/a	n/a	n/a	n/a
Operating Income	-9,070,814	-7,975,109	-8,656,664	-10,864,511	-11,950,485	n/a
Net Income	-8,913,649	-15,038,536	-120,254	-10,829,549	-2,130,625	-136,408
Cash From Operations	-8,269,581	-18,321,276	-7,286,286	-11,219,396	-725,618	-218,713
Capex	-19,171	-19,171	n/a	-131,963	-131,963	n/a
Free Cash Flow	-8,288,752	-18,340,447	n/a	-11,351,359	-857,581	n/a
Cash And Equivalents	10,700,331	6,499,018	11,991,701	5,252,979	78,532	11,734
Accounts Receivable	n/a	n/a	n/a	n/a	n/a	n/a
Inventory	n/a	n/a	n/a	n/a	n/a	n/a
Total Current Assets	10,811,628	6,565,717	12,147,525	5,413,282	83,366	651,291
Total Assets	11,582,924	6,622,049	12,212,609	5,503,415	48,385,887	74,162,206
Total Current Liabilities	1,998,158	1,913,667	5,564,894	4,450,962	5,486,117	33,772
Total Liabilities	2,721,929	1,913,667	5,564,894	4,450,962	8,397,377	2,945,032
Shareholders Equity	8,860,995	4,708,382	6,647,715	1,052,453	-7,822,654	5,000,002
Shares Outstanding	1,583,969	522,223	264,537	682,882	1,819,538	2,541,533
Shares Outstanding Diluted	n/a	n/a	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	620,785	171,510	228,641	539,037	1,819,538	4,373,660
Weighted Avg Shares Basic	620,785	171,510	228,641	539,037	1,819,538	4,373,660
Net Share Count Change (Normalized)	76.7%	289.3%	26.0%	Insufficient evidence	Insufficient evidence	Insufficient evidence
Ownership Claim Change (Normalized)	-43.4%	-74.3%	-20.7%	Insufficient evidence	Insufficient evidence	Insufficient evidence

Quarterly Financials

Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.

Metric	2026-03-31 10-Q USD	2025-12-31 10-K USD	2025-12-31 10-K USD	2025-09-30 10-Q USD	2025-06-30 10-Q USD	2025-03-31 10-Q USD	2024-12-31 10-K USD	2024-09-30 10-Q USD	2024-06-30 10-Q USD	2024-03-31 10-Q USD	2023-12-31 10-K USD	2023-12-31 10-K USD	2023-09-30 10-Q USD	2023-06-30 10-Q USD	2023-03-31 10-Q USD	2022-12-31 10-K USD	2022-12-31 10-K USD	2022-09-30 10-Q USD	2022-06-30 10-Q USD	2022-03-31 10-Q USD	2021-12-31 10-K USD	2021-09-30 10-Q USD	2021-06-30 10-Q USD
Revenue	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Operating Income	-3,092,500	-2,571,588	-2,571,587	-1,943,011	-2,461,229	-2,094,987	-1,753,888	-1,796,686	-2,522,397	-1,902,138	-2,325,890	-2,325,890	-2,777,897	-1,933,030	-1,619,847	-1,218,327	-1,218,327	-1,199,464	-1,860,420	-6,586,300	-6,933,658	-3,043,947	-2,441,880
Net Income	-3,009,051	-2,511,006	-2,511,006	-1,907,176	-2,444,382	-2,051,085	-1,725,719	-2,241,565	-8,389,819	-2,681,433	-2,202,903	-2,202,903	-2,628,376	-1,448,170	6,159,195	-1,207,586	-1,207,586	-1,170,736	-1,834,686	-6,616,541	-1,220,037	-757,638	-1,331,144
Cash From Operations	-3,214,851	-1,966,992	-1,966,992	-1,588,901	-1,919,281	-2,794,407	-3,747,641	-9,256,984	-2,478,682	-2,837,969	-2,002,836	-2,002,836	-1,716,681	-1,991,615	-1,575,154	-947,467	-947,467	-1,731,418	-3,710,445	-4,830,066	-225,702	-281,967	-71,577
Capex	-71,879	n/a	n/a	-17,688	0	-19,172	17,689	-17,688	0	-19,172	n/a	n/a	0	0	0	n/a	n/a	0	-49,015	-99,101	16,153	0	-49,015
Free Cash Flow	-3,286,730	n/a	n/a	-1,606,589	-1,919,281	-2,813,579	-3,729,952	-9,274,672	-2,478,682	-2,857,141	n/a	n/a	-1,716,681	-1,991,615	-1,575,154	n/a	n/a	-1,731,418	-3,759,460	-4,929,167	-209,549	-281,967	-120,592
Cash And Equivalents	14,113,415	10,700,331	10,700,331	12,708,489	5,173,871	3,704,611	6,499,018	6,541,052	12,073,058	14,551,740	11,991,701	11,991,701	13,994,537	15,711,218	17,702,818	5,252,979	5,252,979	6,195,446	3,475,816	7,186,261	78,532	11,734	11,734
Total Current Assets	14,206,035	10,811,628	10,811,628	12,832,423	5,359,920	3,927,881	6,565,717	6,658,898	12,198,801	14,623,616	12,147,525	12,147,525	14,147,174	15,961,230	18,035,205	5,413,282	5,413,282	6,505,074	4,051,297	7,871,041	83,366	39,083	373,640
Total Liabilities	2,055,329	2,721,929	2,721,929	1,854,507	1,569,306	1,089,519	1,913,667	4,066,523	11,129,154	5,228,465	5,564,894	5,564,894	5,399,997	4,624,035	8,101,429	4,450,962	4,450,962	4,373,791	5,996,963	8,078,471	8,397,377	6,648,789	6,223,855
Shares Outstanding	3,908,420	1,583,969	1,583,969	3,585,972	1,534,637	963,796	522,223	4,292,455	1,643,395	1,632,935	264,537	264,537	6,297,303	6,297,303	4,729,839	682,882	682,882	23,536,070	15,082,771	15,082,771	1,819,538	1,819,538	1,819,538
Shares Outstanding Diluted	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Weighted Avg Shares Diluted	3,207,720	620,785	620,785	2,644,733	802,670	971,313	171,510	2,679,941	1,635,234	1,089,833	228,641	228,641	6,297,303	5,812,278	3,135,916	539,037	539,037	21,055,211	15,082,771	14,201,955	1,819,538	1,819,538	1,819,538
Weighted Avg Shares Basic	3,207,720	620,785	620,785	2,644,733	802,670	971,313	171,510	2,679,941	1,635,234	1,089,833	228,641	228,641	6,297,303	5,812,278	2,210,703	539,037	539,037	21,055,211	15,082,771	14,201,955	1,819,538	1,819,538	1,819,538
Net Share Count Change (Normalized)	146.7%	76.7%	76.7%	133.7%	377.7%	84.6%	289.3%	161.2%	0.6%	517.3%	26.0%	26.0%	0.0%	33.1%	592.6%	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence
Ownership Claim Change (Normalized)	-59.5%	-43.4%	-43.4%	-57.2%	-79.1%	-45.8%	-74.3%	-61.7%	-0.6%	-83.8%	-20.7%	-20.7%	0.0%	-24.9%	-85.6%	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence	Insufficient evidence

Audit Trail

NCAV Audit

Official-source inputs remain linked to filing provenance. Derived values are labeled as such.

Input	Value	Source concept	Filing period	Confidence	Provenance
Current Assets	14,206,035USD	us-gaap:AssetsCurrent	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001810560/companyfacts.json Data Vault \| sec/companyfacts/cik=0001810560/companyfacts.json
Total Liabilities	2,055,329USD	us-gaap:Liabilities	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001810560/companyfacts.json Data Vault \| sec/companyfacts/cik=0001810560/companyfacts.json
Cash	14,113,415USD	us-gaap:CashAndCashEquivalentsAtCarryingValue	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001810560/companyfacts.json Data Vault \| sec/companyfacts/cik=0001810560/companyfacts.json
Shares Outstanding	3,908,420	us-gaap:CommonStockSharesOutstanding	2026-03-31	1.00	Data Vault \| sec/companyfacts/cik=0001810560/companyfacts.json Data Vault \| sec/companyfacts/cik=0001810560/companyfacts.json
NCAV	12,150,706USD	derived	2026-03-31	n/a	company-evidence-v1 \| total_current_assets - total_liabilities
NCAV per share	3.11USD	derived	2026-03-31	n/a	company-evidence-v1 \| NCAV / shares_outstanding
Internal NCAV Discount	62.0%	derived	2026-03-31	n/a	gnni_publication_pack \| internal_discount

NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding

Source Provenance

Data Source: Data Vault
Data Vault Root: Local evidence | The Data Vault
CIK: 0001810560
Company ID: n/a
Selected Annual Source: Data Vault | sec/companyfacts/cik=0001810560/companyfacts.json
Selected Quarterly Source: Data Vault | sec/companyfacts/cik=0001810560/companyfacts.json
Statement Extractor: companyfacts-screener-v1
View Extractor: companyfacts-screener-v1
Source Accession Count: 21
Imported At: 2026-08-15T12:52:43+00:00
Rendered At: 2026-08-16T03:29:43+00:00

Run Audit

Mary Run: f75c5d221f074da8a489fba328e8ef51
Mary As Of: 2026-07-18
Accession: 0001193125-26-211871
CIK: 0001810560
Mary Filing Date: 2026-05-07
Filing Currency: USD
Internal Discount: 62.0%
Source State: Verified
Market Context: Not Displayed
Market Policy: internal_only_not_redistributed
Share Trend: Not Evaluated
Dilution: Needs Review

mary_run=f75c5d221f074da8a489fba328e8ef51; mary_as_of=2026-07-18; mary_filing_date=2026-05-07; mary_accession=0001193125-26-211871; mary_cik=0001810560; gnni_supporting_filing_date=2026-05-07; internal_discount=0.620439; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.

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