Spine Injury Solutions’ saw $1M in gross revenue for Q3 — 5 points

Spine Injury Solutions, a Houston-based healthcare solution company for spine injuries, reported its third quarter financial results.

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Here are five points:

 

1. Spine Injury saw $1,110,533 in gross revenue for the quarter ending on Sept. 30, 2015, compared to gross revenue of $1,130,636 for the same period in 2014.

 

2. The company ended the third quarter with $1.1 million in available cash and 2.17 percent credit facilities.

 

3. Spine Injury incurred $409,532 of operating, general and administrative expenses compared to $582,304 for the same period in 2014.

 

4. The company saw a net loss of $219,674 or $0.01 per share, compared to a net loss of $394,030 or $0.02 per share in the same period 2014.

 

5. Spine Injury completed all QVH V. 3.0 EMC Certification Testing and is waiting for final safety certification for overall approval.

 

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