MOVE Q1 2024 Earnings — Movano Inc. Revenue & Financial Results | Market Cap Arena

MOVEMovano Inc.

$10M

Q1 2024 Earnings

Healthcare Medical - Devices

Income Statement

Revenue

$852,000

Gross Profit

-$363,000-42.6% margin

Operating Income

-$6M-675.4% margin

Net Income

-$6M-671.4% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+Infinity%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$4M

Stock-Based Comp.

$617,000

Balance Sheet

Total Assets

$5M

Total Liabilities

$7M

Stockholders' Equity

-$1M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$852,000	$0	—
Gross Profit	-$363,000	-$35,000	-937.1%
Operating Income	-$6M	-$7M	+20.1%
Net Income	-$6M	-$7M	+19.4%