Jul. 3 at 5:23 PM
$NRXS terminates Masimo licensing deal, losing 7% of 2024 revenue stream. Now owes
$200K in payments through 2026. New employee stock plan offers 15% discount - curious timing given cash burn of
$1.6M/quarter. High-risk profile intensifies with this revenue hit.
https://www.sec.gov/Archives/edgar/data/1933567/000164117225017723/form8-k.htm