earnings
confidence high
sentiment neutral
materiality 0.40
HeartSciences Q1 FY2024: no revenue, $576K cash; MyoVista FDA submission targeted for late 2023
HeartSciences Inc.
2024-Q1 EPS reported
-$0.13
- No revenue for Q1 FY2024; cash and equivalents of $576K as of July 31, 2023.
- Completed enrollment for MyoVista pivotal study; targeting FDA submission in late 2023.
- Expanded IP portfolio to 41 patents (9 US, 32 international); appointed new distributors in Nordic and India.
- Secured $15M equity line (March 2023) and $1M promissory note (Sept 2023) for funding.