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Nuo Therapeutics Inc

For the period ended Dec 31, 2023. Filed Apr 19, 2024.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Apr 19, 2024

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Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations

Year ended December 31,
20232022
Revenue
Product sales$608,525$112,250
Total revenue608,525112,250
Costs of sales126,09219,214
Gross profit482,43393,036
Operating expenses
Selling, general and administrative3,650,7073,413,630
Total operating expenses3,650,7073,413,630
Loss from operations(3,168,274)(3,320,594)
Other income (expense)
Interest expense, net(3,162)(2,103)
Gain on settlement of legacy accounts payable obligations-146,438
Other income-4,523
Loss before benefit for income taxes(3,171,436)(3,171,736)
Net loss$(3,171,436)$(3,171,736)
Net loss per share – basic and diluted$(0.08)$(0.08)
Weighted average shares outstanding – basic and diluted42,077,81140,001,089
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.