European Market ChallengesThe European market will continue to be difficult to grow and penetrate, posing a challenge for Nyxoah's expansion efforts in that region.
Regulatory DelaysThere is a delay in the Belgium facility inspection, which is expected to push US approval to the first quarter of 2025.
Revenue ShortfallThird-quarter revenue of €1.3M was below expectations, although focus remains on entering the US market.