share_log

8-K: ENDRA Life Sciences Reports Second Quarter 2024 Financial Results and Provides a Business Update

8-K: ENDRA Life Sciences Reports Second Quarter 2024 Financial Results and Provides a Business Update

8-K:ENDRA Life Sciences公布2024年第二季度财务业绩并提供业务最新情况
美股SEC公告 ·  2024/08/24 04:07

Moomoo AI 已提取核心信息

ENDRA Life Sciences reported Q2 2024 operating expenses of $2.2M, down from $3.0M YoY, primarily due to reduced R&D spending as focus shifts to clinical activities. The company ended the quarter with $6.4M in cash, bolstered by a $7.3M net proceeds from a June public offering.The company announced significant leadership changes, appointing Alexander Tokman as acting CEO and adding industry veterans Richard Jacroux as CFO and Ziad Rouag as Head of Regulatory Affairs. ENDRA has initiated new pilot clinical trials at multiple sites in North America and Europe to support FDA approval, following a productive meeting with the FDA to review clinical plans.ENDRA has expanded its intellectual property portfolio to 81 issued patents globally and implemented cost reduction measures, achieving $3.1M in annualized expense savings. The company is prioritizing clinical data collection for a new De Novo FDA filing while revising its go-to-market strategy for its TAEUS technology.
ENDRA Life Sciences reported Q2 2024 operating expenses of $2.2M, down from $3.0M YoY, primarily due to reduced R&D spending as focus shifts to clinical activities. The company ended the quarter with $6.4M in cash, bolstered by a $7.3M net proceeds from a June public offering.The company announced significant leadership changes, appointing Alexander Tokman as acting CEO and adding industry veterans Richard Jacroux as CFO and Ziad Rouag as Head of Regulatory Affairs. ENDRA has initiated new pilot clinical trials at multiple sites in North America and Europe to support FDA approval, following a productive meeting with the FDA to review clinical plans.ENDRA has expanded its intellectual property portfolio to 81 issued patents globally and implemented cost reduction measures, achieving $3.1M in annualized expense savings. The company is prioritizing clinical data collection for a new De Novo FDA filing while revising its go-to-market strategy for its TAEUS technology.
ENDRA Life Sciences报告2024年第二季度营业费用为220万美元,较去年同期的300万美元下降,主要由于研发支出的减少,因为重心转向临床活动。公司季度结束时现金为640万美元,得益于6月公开发行带来的730万美元净收入。公司宣布重大领导层变动,任命Alexander Tokman为代理首席执行官,并新增行业资深人士Richard Jacroux为首席财务官和Ziad Rouag为监管事务负责人。ENDRA已在北美和欧洲多个地点启动新的临床试点试验,以支持FDA的批准,此前与FDA举行了富有成效的会议,以审查临床计划。ENDRA已将其全球知识产权组合扩展至81项已授予专利,并实施了成本控制措施,实现了310万美元的年度费用节省。公司正在优先收集临床数据以支持新的De Novo FDA申请,同时修订其TAEUS科技的市场策略。
ENDRA Life Sciences报告2024年第二季度营业费用为220万美元,较去年同期的300万美元下降,主要由于研发支出的减少,因为重心转向临床活动。公司季度结束时现金为640万美元,得益于6月公开发行带来的730万美元净收入。公司宣布重大领导层变动,任命Alexander Tokman为代理首席执行官,并新增行业资深人士Richard Jacroux为首席财务官和Ziad Rouag为监管事务负责人。ENDRA已在北美和欧洲多个地点启动新的临床试点试验,以支持FDA的批准,此前与FDA举行了富有成效的会议,以审查临床计划。ENDRA已将其全球知识产权组合扩展至81项已授予专利,并实施了成本控制措施,实现了310万美元的年度费用节省。公司正在优先收集临床数据以支持新的De Novo FDA申请,同时修订其TAEUS科技的市场策略。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息