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.
在2024年第三季度，公司做出了艱難但必要的決策，以與其新的重點保持一致。值得注意的是，SINTX決定停止其護甲部門的運營，並錄得一次性450萬的減值損失。
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.
這一舉動與SINTX重新分配資源向器械市場的重點相一致，該市場被公司視爲具有最大潛力的可持續增長領域。
Additionally, a reduction in workforce during Q3 positions the company for a leaner, more efficient structure, supporting ongoing cost optimization efforts.
此外，第三季度的裁員使公司爲更加精簡、高效的結構做好準備，支持持續的成本優化努力。
