SINTX Technologies Continues To Restructure Its Operations; Says Made The Decision In Q3 To Cease Operations Of Its Armor Division And Reduce Workforce
SINTX Technologies Continues To Restructure Its Operations; Says Made The Decision In Q3 To Cease Operations Of Its Armor Division And Reduce Workforce
In the third quarter of 2024, the Company made difficult, but essential, decisions to align with its renewed focus. Notably, SINTX made the decision to cease operations of its armor division and recorded a one-time $4.5 million impairment charge.
2024年第三季度，公司做出了艰难但必要的决定，以与其新的重点保持一致。值得注意的是，SINTX决定停止其装甲部门的运营，并记录了一次性450万美元的减值费用。
This move aligns with SINTX's emphasis on reallocating resources towards the medical device market, where the Company sees the greatest potential for impactful, sustainable growth.
这一举措与SINTX重点重新分配资源到器械市场的战略一致，公司认为在这里有着最大影响力和可持续增长的潜力。
Additionally, a reduction in workforce during Q3 positions the company for a leaner, more efficient structure, supporting ongoing cost optimization efforts.
此外，第三季度减少员工数量使公司更有可能拥有更精简、更高效的结构，支持持续进行的成本优化工作。
