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Mar 31, 2022

Pulse Biosciences Q1 2022 Earnings Report

Pulse Biosciences reported financial results for the first quarter of 2022.

Key Takeaways

Pulse Biosciences reported first quarter 2022 revenue of $444 thousand. The company is prioritizing increasing CellFX System utilization at a subset of commercial clinics to establish commercial integration best practices.

Increased the average CellFX System commercial session utilization during Q1.

Appointed new commercial leadership and began initiation of the CellFX System utilization program in May.

Generated first quarter 2022 revenue of $444 thousand.

Completed one commercial sale of a CellFX System in the first quarter of 2022.

Total Revenue
$444K
0
EPS
-$0.47
Previous year: -$0.71
-33.8%
Gross Profit
-$465K
Cash and Equivalents
$12.7M
Previous year: $59.9M
-78.8%
Free Cash Flow
-$15.9M
Total Assets
$39.5M
Previous year: $80.6M
-50.9%

Pulse Biosciences

Pulse Biosciences

Forward Guidance

Pulse Biosciences is focused on increasing CellFX System utilization and indication expansion.