Revenues were $3.3M, up a modest 10% from a year ago despite a significant potential opportunity for its exoskeleton for industrial applications. It launched the device for industrial use a year ago after a successful evaluation at Ford Motor Company.
22 EksoGT orders were booked, two rentals and 11 previous rentals converted to sales.
Net loss was ($3.1M).
Cash balance at quarter-end was $13.3M.
Operating expenses were down 18% to $6.7M.
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