earnings
confidence high
sentiment neutral
materiality 0.60
ChromaDex Q1 net sales $17.3M (+18% YoY); net loss $7.7M; adj EBITDA loss narrows
Niagen Bioscience, Inc.
2022-Q1 EPS reported
-$0.11
revenue$17,259,000
- Net sales $17.3M (+18% YoY); Tru Niagen sales $14.9M (+20% from Q1 2021).
- Gross margin 61.0% (down from 62.9%); net loss $7.7M ($0.11 per share) vs $7.4M ($0.12) last year.
- Adjusted EBITDA loss (incl legal) $4.5M, a $1.2M improvement from Q1 2021.
- Launched Tru Niagen Immune in April 2022; new TV campaign with encouraging early results.
- Granted U.S. continuation patent covering NR chloride, malate, and tartrate salts through 2037.