Financial RisksRisks include lower-than-projected revenue growth, inability to secure additional customers, and potential dilution risk.
Net LossThe company reported a net loss of $9.7M for FY2024, although it was less than the estimated loss.
Revenue ChallengesApproximately $1.8M of BIASURGE sales in 4Q24 was attributable to a unique situation (Hurricane Helene), with sales expected to normalize.