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Sensus Healthcare Reports First Quarter 2019 Financial Results

Friday, May 10, 2019 General News
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SENSUS HEALTHCARE, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

For the Three Months Ended 

March 31,

2019

2018

Revenues

$

5,436,599

$

5,955,462

Cost of Sales

2,120,621

2,015,200

Gross Profit

3,315,978

3,940,262

Operating Expenses

Selling and marketing

2,530,346

2,214,911

General and administrative

1,013,162

1,342,253

Research and development

1,965,507

1,497,618

Total Operating Expenses

5,509,015

5,054,782

Loss From Operations

(2,193,037)

(1,114,520)

Other Income (Expense)

Interest income

72,020

22,022

Interest expense



(33,415)

Other Income (Expense), net

72,020

(11,393)

Net Loss

$

(2,121,018)

$

(1,125,913)

Net Loss per share – basic and diluted

$

(0.13)

$

(0.08)

Weighted average number of shares used in computing net loss per share – basic and diluted

16,119,726

13,331,553

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