Core Insights - Femasys Inc. is focused on transforming women's health with innovative solutions, including FemaSeed for infertility treatment and FemBloc for non-surgical permanent birth control, with full system approval pending in Europe [1][3] Corporate Highlights - The company secured the first global regulatory approval for the FemBloc delivery system, marking a significant milestone for introducing a non-surgical permanent birth control option in Europe [3][7] - In Q1 2025, Femasys executed its commercialization strategy for FemaSeed, achieving a 78% quarter-over-quarter sales increase in the U.S., indicating strong market momentum [3] - Femasys announced partnerships with CNY Fertility and distribution partnerships for FemBloc in Spain, enhancing its market presence [7] Financial Results - For the quarter ended March 31, 2025, sales increased by $70,124, or 25.9%, to $341,264 compared to $271,140 in the same period of 2024, primarily driven by FemaSeed sales [8][12] - Research and development expenses rose by $1,197,741, or 67.6%, to $2,968,472 due to increased regulatory, material, and development costs [8][12] - The net loss for the quarter was $5,896,839, or ($0.23) per share, compared to a net loss of $3,599,510, or ($0.17) per share in Q1 2024 [8][12] Balance Sheet Overview - As of March 31, 2025, total assets were approximately $13.3 million, up from $12.4 million at the end of 2024 [10][11] - Current liabilities increased to $9,841,126 from $8,582,869, reflecting higher accounts payable and convertible notes payable [10] - The company had cash and cash equivalents of approximately $3.8 million and an accumulated deficit of about $133.1 million [8][10]