Aspira Womens Health Inc
For the period ended Mar 31, 2024. Filed May 15, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 15, 2024
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
(Mark One)
| | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
For the quarterly period ended March 31,2024
OR
| | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
For the transition period from ______ to ______
Commission File Number:001-34810
(Exact name of registrant as specified in its charter)
| Delaware | 33-0595156 |
|---|---|
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
| 12117 Bee Caves Road, Building III, Suite 100, Austin, Texas | 78738 |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code:(512)519-0400
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock, par value $0.001 per share | AWH | The Nasdaq Capital Market |
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes No
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
| Large accelerated filer | Accelerated filer |
|---|---|
| Non-accelerated filer | Smaller reporting company Emerging growth company |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No ☑
As of May 10, 2024, theregistrant had 12,449,512 shares of common stock, par value $0.001 per share, outstanding.
ASPIRA WOMEN’S HEALTH INC.
FORM 10-Q
For the Quarter Ended March 31, 2024
Table of Contents
| Page | ||
|---|---|---|
| PART I | Financial Information | 1 |
| Item 1 | Financial Statements (unaudited) | 1 |
| Condensed Consolidated Balance Sheets as of March 31, 2024 and December 31, 2023 | 1 | |
| Condensed Consolidated Statements of Operations for the three months ended March 31, 2024 and 2023 | 2 | |
| Condensed Consolidated Statements of Changes in Stockholders’ (Deficit) Equity for the three months ended March 31, 2024 and 2023 | 3 | |
| Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2024 and 2023 | 5 | |
| Notes to Condensed Consolidated Financial Statements | 6 | |
| Item 2 | Management's Discussion and Analysis of Financial Condition and Results of Operations | 17 |
| Item 3 | Quantitative and Qualitative Disclosures About Market Risk | 27 |
| Item 4 | Controls and Procedures | 27 |
| PART II | Other Information | 29 |
| Item 1 | Legal Proceedings | 29 |
| Item 1A | Risk Factors | 29 |
| Item 2 | Unregistered Sales of Equity Securities and Use of Proceeds | 30 |
| Item 3 | Defaults Upon Senior Securities | 30 |
| Item 4 | Mine Safety Disclosures | 30 |
| Item 5 | Other Information | 30 |
| Item 6 | Exhibits | 31 |
| SIGNATURES | 32 | |
The following are registered and unregistered trademarks and service marks of Aspira Women’s Health Inc.: VERMILLION SM, Aspira Women’s Health®, OVA1®, OVERA®, ASPiRA LABS ®, OvaCalc®, OVASUITESM, ASPiRA GenetiXSM, OVA1PLUS®, OVAWATCH®, EndoCheck SM, OVAInherit SM, Aspira Synergy®,, OVA360 SM, ASPIRA IVDSM, and YOUR HEALTH, OUR PASSION®.
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