ENDRA Life Sciences reports third quarter cash burn down 30% to $1.2 million

Reuters
2025.11.17 13:06
portai
I'm PortAI, I can summarize articles.

ENDRA Life Sciences reported a 30% reduction in cash burn for Q3 2025, totaling $1.2 million, down from $1.7 million in Q3 2024. Operating expenses decreased to $1.4 million. The company had $0.8 million in cash as of September 30, 2025, and raised $4.9 million through a private placement, regaining Nasdaq compliance. ENDRA completed a clinical study of its TAEUS Liver device and launched a strategic initiative to enhance balance sheet flexibility.