earnings
confidence high
sentiment neutral
materiality 0.50
HeartSciences reports no Q2 revenue, $2M cash; submits wavECG to FDA
HeartSciences Inc.
2025-Q2 EPS reported
-$2.10
revenue$4,319
- No meaningful revenue for FQ2 2026; cash and equivalents $2.0M, shareholders' equity $4.2M as of Oct 31, 2025.
- MyoVista wavECG device submitted to FDA for 510(k) clearance, a key regulatory milestone.
- MyoVista Insights software platform (MDDS, exempt from 510(k)) launched May 2025; V1.1 released; commercial discussions underway.
- Company plans investor call early 2026 to demonstrate MyoVista Insights software and provide commercialization strategy.
- Algorithms for LVDD assessment separated from device submission due to updated ASE guidelines.