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Earnings Call Summary | HeartBeam(BEAT.US) Q4 2023 Earnings Conference

Futu News ·  Mar 21 07:57  · Conference Call

The following is a summary of the HeartBeam, Inc. (BEAT) Q4 2023 Earnings Call Transcript:

Financial Performance:

  • HeartBeam ended 2023 with cash and cash equivalents totaling $16.2 million, allowing operational continuity until early 2025.

Business Progress:

  • HeartBeam is enhancing cardiac monitoring with its AIMIGo device that offers high-resolution 3D assessments and a pending FDA clearance aimed by Q2 2024. The company is also developing AI algorithms for advanced diagnostics and predictive capabilities. Future product developments include an on-demand 12-Lead patch and a 12-Lead HeartBeam watch. Finally, their market focus includes both atrial fibrillation and coronary artery disease, reflecting a potential $14 billion total market opportunity in the U.S.

More details: HeartBeam IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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