Sunday, June 16, 2024

Foresight Autonomous reports Q1 results

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  • Foresight Autonomous press release (NASDAQ:FRSX): Q1 non-GAAP net loss of $1.4 million for the three months ended March 31, 2024 or $0.003 per ordinary share, compared to a non-GAAP loss of $4.2 million for the three months ended March 31, 2023.
  • Revenue of $0.1M (+100.0% Y/Y).
  • Cash, cash equivalents and restricted cash amounted to $14.8 million at the end of the first quarter of 2024.

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