Nuheara Ltd. (AU:NUH) has released an update.
Nuheara Limited’s latest quarterly cash flow report reveals a challenging period with net cash used in operating activities totaling $770,000 for the quarter and $3.471 million year-to-date. Investment in intellectual property remains a significant expenditure at $626,000 for the quarter, contributing to a 9-month total of $2.933 million used in investing activities. Meanwhile, financing activities provided some relief with a net positive cash flow of $4.389 million over the 9 months, despite a small cash outflow this quarter.
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