2Q22 Results: Net Loss Decreased By $0.9 Million; First-Gen Product Delayed; Achieved a Key Milestone by Registering First Purchase Order
|52 Week Range||$0.62-$4.48|
|Avg. Daily Vol. (30 day)||41,946|
|Shares Out (MM)||14.58|
|Market Cap (MM)||$10.35|
|Enterprise Value ($MM)||$8.14|
|Fiscal Year End||December|
• Operating expenses decreased by $0.9 million to $4.5 million, compared with $5.4 million in 2Q21, comprising $1.5 million of non-cash stock-based compensation, $1.5 million of payroll expense, $0.8 million in consulting and professional fees, and $0.6 million of operating overhead. Access complete results here.
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