Aurora Spine reported financial results for the 2016 fiscal year.
Here are five highlights:
1. Aurora Spine saw revenues of approximately $6.76 million in fiscal year 2016, reflecting a 38 percent increase from 2015.
2. Operating expenses decreased by 13 percent in 2016, compared to 2015.
3. In 2016, Aurora Spine's net loss decreased to $1.7 million, or $0.05 per share, compared to $2.9 million in 2015.
4. U.S. sales accounted for about 96 percent of the company's revenue in 2016.
5. In 2016, the company continued to integrate its family of products into the Screwless Procedure, a spinal fusion technique.