GeneralNews
Nanox Imaging may run out of cash within a year, raises going concern doubt
Radiology Business3w ago
Nanox Imaging, holding $26M in cash versus $60M at end of 2025, says these funds are not sufficient to support operations for at least one year, raising substantial doubt about its ability to continue as a going concern.
- Preliminary Q3 revenue was $4.4M, with $3.1M from teleradiology and only $0.3M from its core imaging device sales.
- The company warns it may need to delay product development or grant rights to others if it cannot raise additional funds.
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