Amesite presents corporate update; $3.7M cash, no debt, 6 new higher-ed deals since pivot

Amesite Inc.

Cash and equivalents of $3.7M, zero debt; average monthly burn projected at $297K over next 12 months.
Total contract value since inception $2.4M; annual operating expenses reduced 48% from FY2022 to FY2023.
6 new higher-ed deals announced since offering no-setup-fee model; NurseMagic beta launched April 2024.
Industry-leading 96-98% learner retention; platform integrates GPT-4 and runs on Microsoft Azure.
B2B platform complete and scalable; new B2C apps (NurseMagic, Safety & Security) target professional markets.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.