Playboy brand licensing and retail
Consumer·Deleveraging·July 17, 2026

Playboy sells half its China business to buy back its balance sheet

The 73-year-old brand's $122 million joint venture with United Trademark Group turns its single biggest licensing market into guaranteed contractual checks, and funds a credible path to cutting senior debt roughly in half by 2028. The catch: China was 48% of licensing revenue, and Playboy just sold half the upside.

Idaho Copper CuMo deposit mining operation
Industrials·July 17, 2026

Idaho Copper carries a mountain-sized deposit onto the NYSE American

Thirty-six miles from Boise sits one of the largest undeveloped copper deposits in the Western Hemisphere, and likely the largest undeveloped primary molybdenum deposit in the world. It just uplisted from the OTC and banked an $18 million raise. Now comes the decade-long, billion-dollar grind of building a mine.

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Total artificial heart medical device representing Picard Medical Emperor platform
BiotechBull

Picard Medical's artificial heart passed its first live implants

Picard Medical completed a successful preclinical implant series of its next-gen Emperor artificial heart.

PCMD · 5 min

Brain neurons
BiotechNeutral

Clearmind completes Part A dosing in its AUD trial. The data is the next question

MEAI-based CMND-100 finished dosing all 24 Part A participants with a generally positive early safety profile. No efficacy result has been reported yet.

CMND · 6 min

CL-415 Super Scooper firefighting aircraft representing Bridger Aerospace fleet
IndustrialsBull

Bridger's Super Scoopers are booked solid and the fire season is just getting started

Bridger won a new DOI task order with its Super Scooper fleet contracted as fire season ramps.

BAER · 5 min

Security robot at night
TechNeutral

AITX is deploying more robots, including at the World Cup. The share count is deploying faster

Non-largest-customer revenue grew 52% and a ROSA unit went to the 2026 World Cup, but about 432 million shares and climbing is the story.

AITX · 4 min

Financial district aerial at night
In-Depth · Thesis

Why the sub-$50M universe is where the real inefficiency still lives

Most "small cap" funds start their universe at $300M. Most sell-side coverage starts at $500M. That leaves a five-year stretch of companies doing real revenue with zero professional eyes on them. Here's what the screens actually show.

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Abstract data visualization
In-Depth · Methodology

How we screen: the 11 filters that get a microcap into our coverage list

Going-concern language, auditor changes, share-count trajectory, insider activity. A walk-through of the quantitative and qualitative gates every name has to clear before it ends up on The Desk.

Read the methodology →

The Desk Today

12 dispatches · Aug 14
Learn

How to calculate cash runway from a 10-Q

Learn · 10 min

NeuTech

The state of networking and connectivity microcaps in 2026

Tech · 9 min

NeuOSS

One Stop Systems raised guidance on record bookings. The stock fell 8%.

Tech · 9 min

Watchlist

Top 5 AI microcap stocks to watch in August 2026

Watchlist · 11 min

NeuDYAI

Dyadic signed another dairy protein deal on August 4. It did not say with whom, for how much, or when the money arrives.

Biotech · 10 min

NeuCOPR

Idaho Copper Carries a Mountain-Sized Deposit Onto the NYSE American

Industrials · 8 min

BullPLBY

Playboy Sells Half Its China Business to Buy Back Its Balance Sheet

Consumer · 7 min

BullBAER

Bridger's Super Scoopers are booked solid and the fire season is just getting started.

Industrials · 5 min

BearHOVR

New Horizon's eVTOL keeps advancing. So does the share count.

Tech · 5 min

NeuAITX

AITX is deploying more robots, including at the World Cup. The share count is deploying faster.

Tech · 4 min

BullPCMD

Picard Medical's next-generation artificial heart passed its first live implants. The market it sells into is the only one of its kind.

Biotech · 5 min

BullCTM

Castellum cleared CMMC, cleared its debt, and keeps winning Navy work. Small caps rarely line up this cleanly.

Tech · 6 min

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