earnings
confidence high
sentiment neutral
materiality 0.60
Glucotrack H1 net loss $11.6M; cash $9.6M; on track to implant first CBGM patients in Australia Q3 2025
Glucotrack, Inc.
2025-Q2 EPS reported
$34.81
- Net loss of $11.6M for H1 2025 vs $7.4M prior year; operating expenses rose $0.9M.
- Cash and equivalents $9.6M as of June 30, 2025, expected to fund operations through 2025.
- Received ethical approval in Australia; first patient implants in multicenter feasibility study expected Q3 2025.
- Repurchased Series A warrants, eliminating warrant liability accounting and dilution overhang.
- Positive first-in-human CBGM data reported: MARD 7.7%, 99% data capture, no serious adverse events.
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