Non-Invasive Monitoring Systems Q1 net loss widens to $163,000

NON-INVASIVE MONITORING SYSTEMS INC

NON-INVASIVE MONITORING SYSTEMS INC

NIMU

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  • Non-Invasive Monitoring Systems posted a net loss of USD 163,000 for three months ended March 31, 2026, widening from USD 39,000 a year earlier.
  • General and administrative expense climbed to USD 144,000 from USD 23,000, driven primarily by professional fees tied to planned merger with Gravitics.
  • Net interest expense rose to USD 19,000 from USD 16,000 on related-party Promissory Notes.
  • Cash totaled USD 24,000 at March 31, 2026, with a shareholders’ deficit of USD 1.16 million and negative working capital of about USD 1.16 million, raising substantial doubt about going-concern status.
  • Net cash used in operating activities increased to USD 82,000 from USD 24,000, while financing cash inflow rose to USD 100,000 from USD 40,000 on proceeds from related-party Promissory Notes.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Non-Invasive Monitoring Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-022887), on May 14, 2026, and is solely responsible for the information contained therein.