HeartBeam Inc (NAS:BEAT)
$ 3.06 0.21 (7.37%) Market Cap: 81.60 Mil Enterprise Value: 75.83 Mil PE Ratio: 0 PB Ratio: 16.91 GF Score: 38/100

Q2 2023 Heartbeam Inc Earnings Call Transcript

Aug 10, 2023 / 08:30PM GMT
Release Date Price: $2.64 (+0.38%)
Operator

Greetings and welcome to the HeartBeam second-quarter 2023 financial results conference call. (Operator Instructions) As a reminder, this conference is being recorded. At this time, I will turn the call over to HeartBeam's Chief Executive Officer, Branislav Vajdic. Please go ahead, sir.

Branislav Vajdic
HeartBeam, Inc. - Founder & CEO

Thank you, operator, and good afternoon, everyone. I am pleased to welcome you to today's second-quarter 2023 financial results conference call. On today's call, we will be releasing some very important updates about our business and our products.

Recently, we completed $26.5 million in funding, which will enable us to execute on upcoming product development, clinical, and regulatory milestones and extends our cash runway into late 2024. With this funding, we took the opportunity to adjust our strategic focus to enable timely delivery of our ambulatory vector electrocardiogram or VECG products, our key future value drivers.

Our first step is to obtain and 510(k) FDA clearance for the HeartBeam AIMIGo VECG

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