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Tivic Health Systems reports a hefty loss but sees stock rise; its product, ClearUP, sold online.
Tivic Health Systems, a health tech firm specializing in bioelectronic medicine, reported a quarterly loss of $19.68 per share, with negative financial metrics.
Despite these losses, its stock price rose by $0.12 to $3.55 on Friday.
The company's main product, ClearUP, a treatment for sinus and nasal inflammation, is sold through direct-to-consumer channels and online platforms like Amazon and Walmart.
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Tivic Health Systems informa de una gran pérdida, pero ve el aumento de las acciones; su producto, ClearUP, se vende en línea.