09:27 AM EDT, 08/29/2025 (MT Newswires) -- Rocket Doctor AI ( TREIF ) on Friday reported its first "significant" revenue producing quarter as its net loss narrowed.

For the three-months ended June 30, the net comprehensive loss declined to $2.68 million or $0.04 per share, compared with $2.72 million or $0.07 per share, a year earlier.

Revenue for the quarter increased to $0.5 million, compared with $nil in Q2 2024, primarily due to acquisition growth with the Rocket Doctor buy.

"Management believes the Company enters the second half of 2025 with a stronger foundation, driven by its shift to an enterprise-focused model, the integration of Rocket Doctor Inc., and the continued expansion of the Global Library of Medicine (GLM)," said the company in a statement.

Shares of the company closed down 10% to $0.62 on Thursday on the Canadian Securities Exchange.