Asset MonetizationSale of a majority stake in the NeuroNOS subsidiary to XTL delivered upfront cash, retained equity and milestone-based payments that bolster the balance sheet without issuing new shares.
Financial FlexibilitySecuring a debt facility and access to an equity line, combined with a year-over-year reduction in net cash burn, extends financial runway and supports continued commercialization and development efforts.
Regulatory Label ExpansionA potential FDA decision on a supplemental application to expand LungFit PH's label to include certain cardiac surgeries could meaningfully broaden the device's addressable market and increase hospital adoption.