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Foresight(FRSX) - 2022 Q2 - Quarterly Report
FRSXForesight(FRSX)2022-05-25 16:00

Exhibit 99.1 Foresight Announces First Quarter 2022 Financial Results NESS ZIONA, Israel — May 26, 2022 — Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX) ("Foresight or the "Company"), today reported financial results for the first quarter of 2022. Foresight ended the first quarter of 2022 with 40.4millionincash,cashequivalent,restrictedcashandshorttermdeposits.TheCompanyreportedaGAAPnetlossof40.4 million in cash, cash equivalent, restricted cash and short-term deposits. The Company reported a GAAP net loss of 2.02 million for the first quarter of 20 ...