Jeffs’ Brands Ltd. (JFBR) has released an update.
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Jeffs’ Brands Ltd. has released its unaudited condensed consolidated financial statements for the first half of 2024, revealing a significant increase in total assets from $12.2 million at the end of 2023 to $15.4 million by June 30, 2024. Despite this growth, the company reports an operating loss of $2.4 million, which is an increase from the $1.9 million loss in the same period the previous year.
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