Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.

Cosmos Exploration (ASX:C1X)

Cosmos Exploration found high-grade mineralization in 27 rock chips from its maiden prospecting program at the Fenix project in Canada, with four prospects yielding uranium grades exceeding 500 parts per million, requiring follow-up work.

Frugl Group (ASX:FGL)

The technology company agreed to acquire Thailand-based software engineering consultancy Prodigy9. Consideration involves the issue of 10 million shares and a further 33.8 million performance rights.

Ausmon Resources (ASX:AOA)

Ausmon Resources secured an additional tenement, EL 7015 Peake, for a period of six years to September 2030, expanding its landholding in South Australia.

FOS Capital (ASX:FOS)

The lighting manufacturer recorded a 194% year-on-year sales increase to AU$8.3 million in the first quarter of 2025, with organic growth at 125% year-on-year.

Control Bionics (ASX:CBL)

The medical device company reported a significant increase in National Disability Insurance Scheme approvals over the past eight weeks, totaling nearly AU$400,000. The approvals will be recognized as revenue as devices are shipped to customers.