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Stock impact report

BioRestorative Therapies Regains Compliance with Nasdaq Listing Rule 5250(c)(1); Reports First Quarter 2024 Financial Results [Yahoo! Finance]

BioRestorative Therapies, Inc. (BRTX) 
NASDAQ:AMEX Investor Relations: biorestorative.com/content/investor-relations
Company Research Source: Yahoo! Finance
MELVILLE, N.Y., June 17, 2024 (GLOBE NEWSWIRE) -- BioRestorative Therapies, Inc . (“BioRestorative”, “BRTX” or the “Company”) (NASDAQ: BRTX , a clinical stage company focused on stem cell-based therapies, announced that it has received notice from the Nasdaq Stock Market that it has regained compliance with Nasdaq Listing Rule 5250(c)(1) in connection with the filing of its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2024 with the Securities and Exchange Commission. Summary First Quarter 2024 Results For the quarter ended March 31, 2024, the Company had a loss from operations of $4.1 million, a 29% improvement from the $5.8 million loss from operations for the comparable period of 2023. The Company's net loss for the 2024 first quarter was $2.2 million, or $0.33 per share, compared to a net loss of $7.2 million, or $1.93 per share, for the comparable period in 2023. Cash used in operating activities in the first quarter of 2024 was $2.3 million, compare Show less Read more
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