Latest news with #NewtonMotion
Yahoo
28-05-2025
- Business
- Yahoo
Newton Golf Company (NASDAQ: NWTG) Regains Compliance with Nasdaq Listing Requirements
CAMARILLO, Calif., May 28, 2025 (GLOBE NEWSWIRE) -- via IBN – Newton Golf Company, Inc. (NASDAQ: NWTG), a technology-driven golf shaft manufacturer, today announced that it has received formal notice from The Nasdaq Stock Market LLC ('Nasdaq') confirming that the company has regained compliance with Nasdaq Listing Rule 5550(b)(1), which requires a minimum of $2.5 million in stockholders' equity for continued listing on the Nasdaq Capital Market. The confirmation from Nasdaq follows Newton Golf's filing of its Form 10-Q for the quarter ended March 31, 2025, which reported stockholders' equity of $6.2 million. As a result, Nasdaq has closed the compliance matter originally raised on April 14, 2025. 'We are pleased to have resolved this matter and to remain in full compliance with Nasdaq's continued listing requirements,' said Greg Campbell, Executive Chairman of Newton Golf Company. 'Our strong balance sheet reflects the underlying momentum in our business and the investor confidence we continue to earn through performance and transparency.' Newton Golf continues to build momentum, reporting 246% year-over-year revenue growth in Q1 2025 as adoption of the Newton Motion shaft surged across retail channels and major professional tours. Gross margin expanded to 70%, reflecting improved unit economics and strong product-market fit. The first quarter is typically the offseason for golf, yet Newton delivered a strong performance and continued expansion. More than 40 professional players are now gaming Newton shafts across major tours. The company also expanded its international footprint and showcased its innovation at the 2025 PGA Show, reinforcing its position as one of the most exciting emerging brands in performance golf. For more information about Newton Golf's products, visit For investor-related updates and filings, visit Investor Alerts Stay updated with the latest from Newton Golf! Sign up for investor alerts at to receive company news and strategic developments directly to your inbox. About NEWTON GOLF At Newton Golf, we harness the power of physics to revolutionize golf equipment design. Formerly known as Sacks Parente, our rebranding reflects our commitment to innovation inspired by Sir Isaac Newton, the father of physics. By applying Newtonian principles to every aspect of our design process, we create precision-engineered golf equipment—including Newton Motion shafts and Gravity putters—that deliver unmatched stability, control, and performance. Our mission is to empower golfers with scientifically advanced tools that maximize consistency and accuracy, ensuring every swing is backed by the laws of physics. To purchase Newton Golf products, visit Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or the future financial performance of Newton Golf Company (the 'Company') and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "expects," "plans," "anticipates," "intends," "believes," "estimates," "projects," "potential," "continues," or the negative of these terms or other comparable terminology. These forward-looking statements include, but are not limited to, statements regarding the expected benefits of the reverse stock split, the Company's ability to maintain compliance with Nasdaq listing requirements, the potential for increased institutional investor interest, the Company's future growth strategy, expansion of its product portfolio, anticipated financial performance, and future business prospects. These forward-looking statements reflect the Company's current expectations and projections based on information available as of the date of this release and are subject to a number of risks and uncertainties, including, but not limited to, general economic, financial, and business conditions; changes in consumer demand and industry trends; the Company's ability to successfully implement its strategic initiatives; competition in the golf equipment market; supply chain disruptions; regulatory compliance and legal proceedings; and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. The Company cautions investors that forward-looking statements are not guarantees of future performance and actual results may differ materially from those projected. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Media Contact: Beth Gast BG Public Relations Investor Contact: Scott McGowan Investor Brand Network (IBN) Phone: 310.299.1717 ir@
Yahoo
15-05-2025
- Business
- Yahoo
Newton Golf Company Reports First Quarter 2025 Financial Results
Revenue Surges 246% Year-Over-Year as Newton Motion Shaft Adoption Accelerates Across Major Tours CAMARILLO, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- via IBN – NEWTON GOLF Company (NASDAQ: NWTG) ('Newton Golf' or the 'Company'), a technology-forward golf company delivering physics-based performance innovations for players at every level, today reported financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights Revenue increased 246% to $1.2 million, compared to $350,000 in Q1 2024 Gross profit rose 348% to $852,000, up from $190,000 in the prior-year period Gross margin expanded to 70%, up from 54% a year ago Net loss of $0.5 million, or ($0.55) per share, compared to a net loss of $1.2 million, or ($24.85) per share in Q1 2024. Note: The Q1 2024 per-share figure reflects the pre-uplisting share count, which was significantly lower. The Company's uplisting to Nasdaq in August 2024 included a share conversion, which substantially increased the share count used for calculating earnings per share. Cash and cash equivalents totaled $5.9 million as of March 31, 2025 Newton Motion shaft adoption surpassed 30 professionals, with 8 new players joining across PGA TOUR Champions, LPGA, Korn Ferry, and PGA TOUR events during the quarter Management Commentary 'We are very pleased with our first-quarter results, especially given that it is typically the offseason for golf,' said Greg Campbell, Chief Executive Officer of Newton Golf. 'When we launched the Newton Motion shaft, our goal was to engineer performance that speaks for itself. The fact that more than 30 professionals are now using Newton shafts across major tours—and that 8 of those joined in Q1—validates both the technology and our direction. We're just getting started. Demand for our Fast Motion shaft has exceeded expectations, and we are ramping up production to keep pace.' 'We continue to execute with discipline and focus. The 246% year-over-year revenue growth reflects strong demand, expanding distribution, and improving unit economics. While gross margins expanded to 70%, our operating expenses in Q1 were temporarily elevated due to several one-time costs, including: Extra legal expenses associated with special shareholder meetings and warrant exercises. Higher audit expenses tied to warrant valuation and warrant accounting. One-time transfer agent fees. Proxy solicitor costs related to the special shareholder meeting. These expenses were necessary to support key strategic actions and ensure regulatory compliance. With gross margins holding strong and $5.9 million in cash, we remain well-positioned to scale the business strategically while maintaining financial discipline.' Recent Business Highlights Shaft sales grew 314% year-over-year Newton Fast Motion, the Company's lightweight innovation, was adopted by multiple Tour professionals in Q1 Secured distribution with two of Japan's largest golf retailers, extending Newton's international reach Expanded product testing and engagement with club fitting leaders in Europe and North America Showcased Newton's full product lineup at the 2025 PGA Show in Orlando, highlighting both shaft and putter innovations to key industry stakeholders Looking Ahead 'As we look ahead to the rest of 2025, our focus remains on expansion—new products, new markets, and continued Tour validation,' added Campbell. 'We believe Newton's trajectory is being driven by something deeper than hype. It's being driven by results, by performance, and by trust on Tour. And we're building for the long term.' Revenue Guidance The Company expects full-year 2025 revenue to range between $6.5 million and $7.0 million, representing continued strong growth from 2024. Consolidated Results of Operations Three Months Ended, March 31 2025 2024 Incr/(Decr) Net Sales $ 1,210,000 $ 350,000 246 % Cost of goods sold 358,000 160,000 124 % Gross profit 852,000 190,000 348 % Operating expenses: Selling, general and administrative 2,541,000 1,271,000 100 % Research and development 282,000 190,000 48 % Total operating expenses 2,823,000 1,461,000 93 % Loss from operations (1,971,000) (1,271,000) 55 % Change in fair value of warrant liabilities 1,401,000 Interest income, net 45,000 62,000 (27) % Net loss $ (525,000) $ (1,209,000) (57) % Loss per share - basic and diluted $ (0.55) $ (24.85) (98) % Weighted Average number of shares outstanding- basic and diluted 953,959 48,653 For more information, visit the Company's investor relations website at or contact Investor Relations at ir@ Investor Alerts Stay updated with the latest from Newton Golf! Sign up for investor alerts at to receive company news and strategic developments directly to your inbox. About NEWTON GOLF At Newton Golf, we harness the power of physics to revolutionize golf equipment design. Formerly known as Sacks Parente, our rebranding reflects our commitment to innovation inspired by Sir Isaac Newton, the father of physics. By applying Newtonian principles to every aspect of our design process, we create precision-engineered golf equipment—including Newton Motion shafts and Gravity putters—that deliver unmatched stability, control, and performance. Our mission is to empower golfers with scientifically advanced tools that maximize consistency and accuracy, ensuring every swing is backed by the laws of physics. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or the future financial performance of Newton Golf Company (the 'Company') and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "expects," "plans," "anticipates," "intends," "believes," "estimates," "projects," "potential," "continues," or the negative of these terms or other comparable terminology. These forward-looking statements include, but are not limited to, statements regarding the expected benefits of the reverse stock split, the Company's ability to maintain compliance with Nasdaq listing requirements, the potential for increased institutional investor interest, the Company's future growth strategy, expansion of its product portfolio, anticipated financial performance, and future business prospects. These forward-looking statements reflect the Company's current expectations and projections based on information available as of the date of this release and are subject to a number of risks and uncertainties, including, but not limited to, general economic, financial, and business conditions; changes in consumer demand and industry trends; the Company's ability to successfully implement its strategic initiatives; competition in the golf equipment market; supply chain disruptions; regulatory compliance and legal proceedings; and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. The Company cautions investors that forward-looking statements are not guarantees of future performance and actual results may differ materially from those projected. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Media Contact: Beth GastBG Public Investor Contact: Scott McGowanInvestor Brand Network (IBN)Phone: 310.299.1717ir@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-04-2025
- Business
- Yahoo
NEWTON GOLF Launches Fast Motion Shaft: A New Lightweight Shaft Designed for Distance and Control
Made in the USA and now available, the shaft expands Newton's US manufacturing footprint and club fitter adoption CAMARILLO, Calif., April 29, 2025 (GLOBE NEWSWIRE) -- via IBN -- NEWTON GOLF Company (Nasdaq: NWTG) ('NEWTON GOLF' or the 'Company'), a technology-forward golf company with a growing portfolio of golf products—including putters, golf shafts, golf grips, and other golf-related accessories—announces the launch of its newest shaft family, Newton Fast Motion, now available for purchase at a suggested retail price of $325. The Newton Fast Motion is a lighter, Tour-proven shaft engineered to deliver exceptional precision and enhanced swing speed for golfers seeking top-tier performance. The debut builds on Newton Golf's momentum, following 887% revenue growth in FY2024 driven by strong adoption of its advanced shaft lineup. Building on the four key innovations of the Newton Motion shaft—including Elongated Bend Profile, Kinetic Energy Storage, Symmetry 360 Construction, and Variable Bend Profile—the Newton Fast Motion series caters specifically to players who demand lighter shafts without compromising stability, straightness, or control. The Fast Motion shaft has already proven itself on Tour, with eight professionals – who have a combined nine major championships in their careers - putting it into play across the PGA TOUR Champions and LPGA Tour. Overall, more than 30 professionals on these tours are gaming Newton Motion shafts, with Newton Golf trusted by many of the game's top players. 'My first impression of the Newton Fast Motion shaft is that the color looks great, and it's definitely lighter. You can really swing it and get it out there a lot farther. It doesn't feel like you lose control—you can swing at it harder and faster,' said PGA TOUR Champions player, Ken Duke. Kris McCormack, Head of Club Test & Gear Data at GOLF Magazine, commented: 'When you start seeing some of the best ball strikers of the last 30 years slotting Newton shafts into the bag, that's not noise — that's a signal. It's a signal that this is something worth trying.' Read more about why Newton shafts are gaining traction on Tour. Light Yet Stable: High-Modulus Toray Carbon Fibers The Newton Fast Motion shafts are constructed with advanced high-modulus Toray carbon fibers, known for their superior strength-to-weight ratio. This design reduces shaft weight by approximately 10 grams compared to the Motion series, enabling faster swing speeds while maintaining tight dispersion, exceptional straightness, and stability. Players can feel the shaft load naturally during the swing, making it easier to time and sequence the motion for more consistent strikes. 'Roughly 30–40% of driver shafts in Regular and Stiff flexes fall under the 55-gram weight category, serving golfers who seek added swing speed without losing control,' added Dr. Greg Campbell, Executive Chairman and Chief Executive Officer of Newton Golf. 'This new line reflects our commitment to supporting the growing market segment of golfers seeking additional swing speed by utilizing lighter driver shafts.' Distinctive Design: Red-to-Gold Finish That Changes Under Sunlight The Newton Fast Motion series features a striking red-to-gold finish that shifts color under sunlight. Every shaft is proudly Made in the U.S.A. at Newton Golf's St. Joseph, Missouri facility, enabling tight quality control and supporting growing demand from club fitters, retailers, and international distributors. A Lighter Shaft Powered by Newton's Four Core Technologies Elongated Bend Profile – Optimized for fairway wood lengths, the Fast Motion shaft flexes across its full length—from grip to tip—delivering improved clubhead speed. Kinetic Energy Storage Optimization – Proprietary construction enables efficient energy storage during the swing and controlled release at impact for a significant boost in exit velocity. Symmetry 360™ Construction – This design eliminates shaft spine, providing consistent flex regardless of clocking position—critical for adjustable drivers and fairway woods. Variable Bend Profile – Each flex is tuned based on swing speed rather than age or gender. Slower swings benefit from greater flex and torque, while faster swings require the opposite. Additionally, the Newton Fast Motion shaft replaces traditional flex labels (Ladies, Senior, Stiff, etc.) with Newton's proprietary DOT system. Ranging from one to seven dots, the system enables precise matching of shaft performance to individual swing profiles—allowing fitters to fine-tune performance more intuitively than legacy flex categories. With demand for lightweight performance shafts growing—particularly among club fitters and moderate swing speed players—Newton Golf believes the Fast Motion series is well-positioned to drive continued growth and brand momentum throughout 2025 and beyond. Product Access & Media Order Newton Fast Motion shaft, Click Here. To watch the product promo video, Click Here To download high-resolution press photos, Click Here Investor Alerts Stay updated with the latest from Newton Golf! Sign up for investor alerts at to receive company news and strategic developments directly to your inbox. For more information, visit About NEWTON GOLF At Newton Golf, we harness the power of physics to revolutionize golf equipment design. Formerly known as Sacks Parente, our rebranding reflects our commitment to innovation inspired by Sir Isaac Newton, the father of physics. By applying Newtonian principles to every aspect of our design process, we create precision-engineered golf equipment—including Newton Motion shafts and Gravity putters—that delivers unmatched stability, control, and performance. Our mission is to empower golfers with scientifically advanced tools that maximize consistency and accuracy, ensuring every swing is backed by the laws of physics. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or the future financial performance of Newton Golf Company (the 'Company') and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "expects," "plans," "anticipates," "intends," "believes," "estimates," "projects," "potential," "continues," or the negative of these terms or other comparable terminology. These forward-looking statements include, but are not limited to, statements regarding the expected benefits of the reverse stock split, the Company's ability to maintain compliance with Nasdaq listing requirements, the potential for increased institutional investor interest, the Company's future growth strategy, expansion of its product portfolio, anticipated financial performance, and future business prospects. These forward-looking statements reflect the Company's current expectations and projections based on information available as of the date of this release and are subject to a number of risks and uncertainties, including, but not limited to, general economic, financial, and business conditions; changes in consumer demand and industry trends; the Company's ability to successfully implement its strategic initiatives; competition in the golf equipment market; supply chain disruptions; regulatory compliance and legal proceedings; and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission (SEC), including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. The Company cautions investors that forward-looking statements are not guarantees of future performance and actual results may differ materially from those projected. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Media Contact: Beth GastBG Public Investor Contact: Scott McGowanInvestor Brand Network (IBN)Phone: 310.299.1717ir@ in to access your portfolio
Associated Press
25-04-2025
- Business
- Associated Press
IBN Coverage: Newton Golf (NASDAQ: NWTG) Gains Momentum on Champions Tour with Golf.com Spotlight
This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. LOS ANGELES, CA - April 25, 2025 ( NEWMEDIAWIRE ) - Newton Golf Company Inc. (NASDAQ: NWTG), a technology-forward golf equipment manufacturer committed to enhancing player performance through innovative design, has seen its Newton Motion shafts rapidly gain popularity on the Champions Tour, recently earning a feature on for their innovative performance benefits tailored to senior players. The shafts utilize a unique variable stiffness profile - more flexible in the midsection and stiffer at the tip and butt ends - resulting in improved energy transfer, higher launch angles, and increased distance. These design advantages have made them a go-to choice for many veteran professionals seeking more consistency and power in their drives. To read the full feature, visit About Newton Golf Company Inc. Newton Golf harnesses the power of physics to revolutionize golf equipment design. Formerly known as Sacks Parente, the company's rebranding reflects its commitment to innovation inspired by Sir Isaac Newton, the father of physics. By applying Newtonian principles to every aspect of its design process, Newton Golf creates precision-engineered golf clubs that deliver unmatched stability, control, and performance. The company's mission is to empower golfers with scientifically advanced equipment that maximizes consistency and accuracy, ensuring every swing is backed by the laws of physics. For more information, visit the company's website at NOTE TO INVESTORS: IBN is a multifaceted financial news, content creation and publishing company utilized by both public and private companies to optimize investor awareness and recognition. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: The latest news and updates relating to NWTG are available in the company's newsroom at Forward Looking Statements Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading 'Risk Factors' discussed under the caption 'Item 1A. Risk Factors' in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption 'Item 1A. Risk Factors' in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law. About IBN IBN is a cutting-edge communications and digital engagement platform providing tailored Platform Solutions for select private and public companies. Over the course of 19+ years, IBN has introduced over 70 investor facing brands to the investment public and amassed a collective audience of millions of social media followers. These distinctive investor brands amplify recognition and reach as well as help fulfill the unique needs of our rapidly growing and diverse base of client-partners. IBN will continue to expand our branded network of influential properties as well as leverage the energy and experience of our team of professionals to best serve our clients. IBN's Platform Solutions provide access to: (1) our Dynamic Brand Portfolio (DBP) through 70+ investor facing brands; (2) article and editorial syndication to 5,000+ news outlets; (3) full-scale distribution to a growing Social Media Network (SMN) ; (4) a network of wire solutions via InvestorWire to effectively reach target markets and demographics; (5) Press Release Enhancement to ensure accuracy and impact; (6) a full array of corporate communications solutions; and (7) total news coverage solutions. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: Media Contact IBN Los Angeles, California 310.299.1717 Office [email protected] View the original release on
