other material
confidence medium
sentiment positive
materiality 0.55
IIOT-OXYS Q3 revenue exceeded Q2; two consecutive quarters of revenue since pre-pandemic
IIOT-OXYS, Inc.
- Q3 2022 revenue exceeded Q2 2022, marking two consecutive quarters of revenue for first time since before pandemic.
- Interest earned on Promissory Note to Aretas Sensor Networks during Q3; full financials to be in 10-Q filed later.
- Co-marketing agreement with Aretas for Sentinel IAQ sensors expected to contribute to Q4 2022 revenues.
- Upcoming video interview will detail Aretas agreement and its expected revenue impact.