Reports Q1 revenue $1.112M vs $872k last year. “Our first quarter results show accelerating momentum of our business model and the growing market adoption internationally of our non-invasive drug screening technology,” said Harry Simeonidis, President and CEO at Intelligent Bio Solutions (INBS). “We achieved record quarterly revenue of $1.11 million, representing our strongest quarter to date, with 32% growth sequentially and 28% year-over-year. This significant revenue increase, combined with expanding gross margins, validates our strategic focus on consumable cartridge sales and positions us well for sustained growth as we advance along the regulatory pathway toward planned FDA clearance and U.S. market entry.”
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