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01 Communique Nears Profitability and Aligns with NIST Standards

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01 Communique Nears Profitability and Aligns with NIST Standards

01 Communique Laboratory Inc. (TSE:ONE) has released an update.

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01 Communique Laboratory Inc. has announced their third quarter fiscal 2024 results, highlighting a significant reduction in losses and a steady march towards profitability. The company’s IronCAP cybersecurity product is well-aligned with the latest post-quantum cryptography standards by NIST, ensuring customers are ahead in quantum-safety. Key financial results show a narrowed quarterly loss, reduced cash operating expenses, and increased revenue from ongoing recurring subscription fees.

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