earnings
confidence high
sentiment negative
materiality 0.75
Oncocyte reports FY2022 revenue $5.6M (-27%); plans to extend 10-K filing
Insight Molecular Diagnostics Inc.
2023-Q1 EPS reported
$0.02
revenue$297,000
- FY2022 revenue $5.6M (down 27% YoY); Q4 revenue $1.1M (down 69% YoY).
- DetermaRx revenue FY2022 $3.6M (+47% YoY); Q4 $0.8M (+3% YoY).
- Consolidated operating expenses $69.0M including $44.6M impairment loss; continuing ops revenue $1.0M.
- Plans to file Form 12b-25 to extend 10-K deadline to April 17, 2023.
- Cost reduction targets quarterly cash burn below $6M in H2 2023 (from $10.5M in H2 2022).