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TherapeuticsMD Announces Second Quarter 2024 Financial Results

TherapeuticsMD, Inc. (TXMD) 
NASDAQ:AMEX Investor Relations: ir.therapeuticsmd.com
Company Research Source: Business Wire
BOCA RATON, Fla.--(BUSINESS WIRE)--TherapeuticsMD, Inc. (“TherapeuticsMD” or the “Company”) (NASDAQ: TXMD), a company that owns rights to pharmaceutical royalties, today reported financial results for the second quarter ended June 30, 2024.Second Quarter 2024 Financial ResultsNet Income (Loss) from Continuing OperationsNet loss from continuing operations was $(1.05) million, or $(0.09) per basic and diluted common share, compared to a net loss of $(2.4) million, or $(0.24) per basic and diluted common share, for the second quarter of 2023.License and Service Revenues from Continuing OperationsLicense revenue, primarily from the Mayne License Agreement, totaled $234 thousand for the second quarter of 2024, a decrease of $203 thousand, or 46.5%, compared to $437 thousand in license revenue for the second quarter of 2023. The decrease is primarily attributable to changes in sales of licensed products.Total Operating Expenses from Continuing OperationsTotal operating expenses for the Show less Read more
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