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Aethlon Medical | 8-K: Aethlon Medical Announces Financial Results for the Fiscal Second Quarter Ended September 30, 2024 and Provides Corporate Update

Aethlon Medical | 8-K: Aethlon Medical Announces Financial Results for the Fiscal Second Quarter Ended September 30, 2024 and Provides Corporate Update

Aethlon Medical | 8-K:Aethlon Medical公佈截至2024年9月30日的第二財季財務業績,並提供公司最新情況
美股SEC公告 ·  11/14 05:21

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Aethlon Medical has enrolled the first two patients in its Hemopurifier cancer trial at Royal Adelaide Hospital, Australia. A second site, Pindara Private Hospital, is now open for enrollment. The company received ethics approval for a similar trial in India.For Q2 FY2024 ended September 30, Aethlon reported a net loss of $2.8 million, down from $3.0 million in Q2 FY2023. Operating expenses decreased 9% to $2.9 million. Cash balance stood at $6.9 million as of September 30, 2024.The company implemented cost-cutting measures to focus resources on its oncology trials. James Frakes was appointed permanent CEO in October. Aethlon continues to explore the Hemopurifier's potential for treating viral infections alongside its primary focus on cancer therapy.
Aethlon Medical has enrolled the first two patients in its Hemopurifier cancer trial at Royal Adelaide Hospital, Australia. A second site, Pindara Private Hospital, is now open for enrollment. The company received ethics approval for a similar trial in India.For Q2 FY2024 ended September 30, Aethlon reported a net loss of $2.8 million, down from $3.0 million in Q2 FY2023. Operating expenses decreased 9% to $2.9 million. Cash balance stood at $6.9 million as of September 30, 2024.The company implemented cost-cutting measures to focus resources on its oncology trials. James Frakes was appointed permanent CEO in October. Aethlon continues to explore the Hemopurifier's potential for treating viral infections alongside its primary focus on cancer therapy.
Aethlon Medical已在澳洲皇家阿德萊德醫院招募了首兩名患者參與其Hemopurifier癌症試驗。第二個地點,Pindara私人醫院,現已開放招募。該公司已獲得在印度進行類似試驗的倫理批准。截至2024年9月30日的2024財年第二季度,Aethlon報告淨虧損280萬,較2023財年第二季度的300萬有所下降。營業費用下降9%,至290萬。截至2024年9月30日,現金餘額爲690萬。該公司實施了成本削減措施,以將資源集中在其腫瘤學試驗上。James Frakes於10月被任命爲常任首席執行官。Aethlon繼續探索Hemopurifier在治療病毒感染方面的潛力,同時主要關注癌症治療。
Aethlon Medical已在澳洲皇家阿德萊德醫院招募了首兩名患者參與其Hemopurifier癌症試驗。第二個地點,Pindara私人醫院,現已開放招募。該公司已獲得在印度進行類似試驗的倫理批准。截至2024年9月30日的2024財年第二季度,Aethlon報告淨虧損280萬,較2023財年第二季度的300萬有所下降。營業費用下降9%,至290萬。截至2024年9月30日,現金餘額爲690萬。該公司實施了成本削減措施,以將資源集中在其腫瘤學試驗上。James Frakes於10月被任命爲常任首席執行官。Aethlon繼續探索Hemopurifier在治療病毒感染方面的潛力,同時主要關注癌症治療。
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