ENDRA Life Sciences reports third quarter cash burn down 30% to $1.2 million

Reuters11-17
ENDRA Life Sciences reports third quarter cash burn down 30% to $1.2 million

ENDRA Life Sciences Inc. reported a 30% decrease in cash burn from operations for the third quarter of 2025, totaling $1.2 million compared to $1.7 million in the same period of 2024. Total operating expenses for the quarter were $1.4 million, down from $1.5 million a year ago. As of September 30, 2025, the company had $0.8 million in cash and cash equivalents. After the quarter ended, ENDRA raised $4.9 million in gross proceeds through a private placement. The company also regained Nasdaq compliance following the financing. In addition, ENDRA completed a single site clinical feasibility study of its redesigned TAEUS Liver device and launched a strategic initiative to enhance balance sheet flexibility through a reward-generating program.

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