Form 10-Q NANOVIRICIDES, INC. For: Dec 31

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Go back to Form 10-Q NANOVIRICIDES, INC. For: Dec 31

NanoViricides (NNVC) Reports Q2 Loss of $0.04/Share

February 25, 2015 9:21 AM EST

NanoViricides (AMEX: NNVC) reported Q2 EPS of ($0.04), versus ($0.03) reported last year. Revenue for the quarter came in at $1.82 million, versus $1.75 million reported last year.

The Company estimates that it now has approximately $36.4 Million (M) of current assets plus restricted cash (cash, cash equivalents, collateral advance, prepaid expenses, and security deposits) as of December 31, 2014, the end of the reporting quarter. The Company's operating expenditure during this quarter was approximately $1.9M. Shareholder equity stood at approximately $30.5M for the quarter.

The Company reports that all of its drug development programs are progressing... More