earnings
confidence high
sentiment neutral
materiality 0.60
Lucid Diagnostics reports Q4 EsoGuard revenue $1.2M, record 4,042 tests processed
Lucid Diagnostics Inc.
- Record 4,042 EsoGuard tests processed in Q4 2024, up 45% sequentially and 84% year-over-year.
- EsoGuard revenue of $1.2M for Q4; GAAP net loss $11.5M ($0.20/share); non-GAAP loss $10.9M ($0.19/share).
- Cash and equivalents $22.4M at Dec 31, 2024; pro forma ~$36.9M after Q1 2025 common stock financing.
- Secured first commercial coverage from Highmark and first state biomarker agreement with Blue Cross Blue Shield of RI.
- Completed $22M convertible debt refinancing and $15.3M stock financing, net proceeds $32.8M, extending cash runway.