bioAffinity Technologies Reports Fourth Quarter and Full Year 2023 Financial Results
Revenue for the fourth quarter of 2023 was approximately $2.2 million, up from no revenue for the prior-year period.
- Revenue for the fourth quarter of 2023 was approximately $2.2 million, up from no revenue for the prior-year period.
- Research and development expenses were $432,000 for the fourth quarter of 2023, compared with $429,000 for the comparable period in 2022.
- Selling, general and administrative expenses were $2.2 million for the fourth quarter of 2023, compared with $1.2 million for the comparable period in 2022.
- Net loss for the fourth quarter of 2023 was $2.4 million, compared with a net loss of $1.7 million for the comparable period in 2022.