Financial Performance - ProSomnus, Inc. reported revenue for the three-month period ended March 31, 2024, with specific figures detailed in the press release dated May 16, 2024[7]. - The financial results and operational conditions are outlined in the press release, which is incorporated by reference[6]. - Future outlook and performance guidance are expected to be discussed in subsequent communications, as the current document focuses on past performance[6]. Stock Market Status - The company's common stock and warrants were delisted from the Nasdaq Stock Market and are now traded over-the-counter under the symbols "OSAP" and "OSAPW" respectively[3]. Company Classification - ProSomnus is classified as an emerging growth company under the Securities Act of 1933[4]. Compliance and Reporting - The company has not elected to use the extended transition period for complying with new financial accounting standards[5]. - The Chief Financial Officer, Brian B. Dow, signed the report, indicating the company's commitment to transparency in financial reporting[10]. Market Insights and Future Developments - The press release includes insights into user data and market performance, although specific metrics are not detailed in the provided content[7]. - New product developments and technological advancements are anticipated but not explicitly mentioned in the current report[7]. - Market expansion strategies and potential mergers or acquisitions are not detailed in the current content but may be part of future disclosures[7].
ProSomnus(OSA) - 2024 Q1 - Quarterly Results