other material
confidence high
sentiment neutral
materiality 0.50
Carmell Corp files Axolotl Biologix H1 2023 financials: rev $21.9M, NI $1.8M
Longevity Health Holdings, Inc.
- Axolotl H1 2023 revenue $21.9M (up 56% YoY from $14.0M) and net income $1.8M (up 57% from $1.2M).
- Single customer (Customer A) and single product (Dualgraft) represent 100% of revenue.
- Cash and equivalents $698k; accounts receivable $17.2M; inventory $2.6M.
- Related-party loans from Burns Ventures $5.6M noncurrent; inventory purchases from Pinnacle $2.5M in H1 2023.
- Operating cash flow negative $701k; cash decreased from $1.4M to $698k in H1 2023.