Aug. 21 at 2:20 PM
$NDRA: What investors should watch after Q2 earnings
📊 ENDRA remained a pre-revenue company in Q2 while continuing to advance its TAEUS ultrasound platform toward commercialization.
💰 The company ended the quarter with
$1.7M in cash,
$3.8M in restricted cash and
$1.9M in its Digital Asset Treasury, while operating cash burn improved to
$0.9M from
$1.1M a year ago.
📈 Operating expenses rose to
$1.5M, largely due to higher stock-based compensation, even as liquidity remained a key focus.
👀 Investors will be watching cash runway, commercialization milestones, regulatory progress and potential strategic partnerships.
Find more on NDRA here 👉 https://www.zacks.com/stock/quote/NDRA?cid=sm-stocktwits-0-quote_overview-oc-39341&ADID=SYND_STOCKTWITS_TWEET_0_QUOTEOVERVIEW_OC_39341
