Core Insights - CapsoVision, Inc. reported a total revenue of $3.3 million for Q2 2025, marking a 17% increase compared to Q2 2024, primarily driven by increased sales of CapsoCam Plus capsules [6][9] - The company successfully completed its IPO in July 2025, raising net proceeds of approximately $23.4 million, which will be used to accelerate growth and expand into new indications [3][7][9] - Management highlighted the importance of obtaining FDA 510(k) approval for the AI module in CapsoCam Plus and the continued development of CapsoCam Colon as key growth drivers [4][5] Financial Performance - Total revenue for Q2 2025 was $3.3 million, a 17% increase from $2.8 million in Q2 2024 [6][14] - Gross profit increased to $1.8 million, up 14% from $1.6 million in Q2 2024, with a gross margin of 55% [6][14] - Operating expenses decreased to $6.5 million, down $0.4 million from Q2 2024, mainly due to reduced expenses related to clinical trials [7][14] Operational Highlights - New accounts grew by 75% in Q2 2025 compared to the same quarter in 2024 [9] - CapsoCam Plus has been utilized by over 143,000 patients as of June 30, 2025 [9] - The company submitted a 510(k) notification to the FDA for CapsoCam Colon in June 2025 [9] Future Outlook - The company aims to enhance accuracy and ease physician workload through the integration of AI in its products [4] - CapsoVision plans to advance programs targeting pancreatic cancer and esophageal varices, leveraging its panoramic imaging technology [4][5]

- Conference Call Scheduled for Thursday, August 14, 2025 at 4:30 pm ET - Leigh Salvo New Street Investor Relations Investors@CapsoVision.com SARATOGA, Calif., July 31, 2025 (GLOBE NEWSWIRE) -- CapsoVision, Inc. (NASDAQ: CV), a commercial-stage medical technology company that develops advanced imaging and artificial intelligence ("AI") technologies that are deployed in its capsule endoscopy solutions, today announced that the company will release second quarter 2025 financial results on Thursday, August 14, ...

Core Viewpoint - CapsoVision, Inc. has launched its IPO at a price of $5.00 per share, aiming to raise approximately $27.5 million, marking a significant step towards enhancing its position in the global medical market focused on gastrointestinal diagnostics [1] Market and Competitive Environment - The global capsule endoscopy market is projected to reach $1.2 billion by 2030, driven by aging populations, rising prevalence of gastrointestinal diseases, and a growing preference for non-invasive examination methods [3] - CapsoVision faces intense competition, with Medtronic's PillCam holding approximately 85-90% market share, supported by a well-established product line and extensive clinical validation [3][5] - Other active competitors include Olympus, IntroMedic, and Jinshan Science & Technology, each with their own market presence and product offerings [3] Technology Pathway - CapsoVision's flagship product, CapsoCam Plus, features four high-resolution cameras arranged horizontally to create a 360-degree panoramic image of the small intestine, enhancing visibility and comfort for patients [10][12] - The Smart Motion Sense™ technology allows the capsule to adjust its frame rate based on its movement within the gastrointestinal tract, achieving a battery life of up to 15 hours [12] - Clinical studies indicate that CapsoCam Plus significantly improves visualization rates and detection of small lesions compared to traditional forward-viewing capsules [12] Product as a Platform - CapsoVision is developing a comprehensive platform that integrates image acquisition, data transmission, cloud processing, and AI analysis, exemplified by the CapsoAccess system and CapsoView software [13][15] - The CapsoCloud platform allows for remote data management, aligning with the increasing demand for telemedicine solutions, especially highlighted during the pandemic [15] - CapsoCam Plus received FDA permanent approval for remote home examinations, facilitating high-quality imaging without the need for hospital visits [15] Future Developments - CapsoVision is working on the CapsoCam Colon product, aimed at providing panoramic imaging for the colon, addressing the challenges of traditional colonoscopy [16][17] - The U.S. colon capsule endoscopy market is expected to grow to $311 million by 2030, presenting a significant opportunity for CapsoVision if it can overcome existing technical challenges [17] - The company plans to expand its technology to other gastrointestinal areas, including esophageal and pancreatic screenings, indicating its ambition to create a modular platform [18]

Core Viewpoint - CapsoVision, Inc. has successfully completed its initial public offering (IPO) of 5,500,000 shares at a price of $5.00 per share, raising gross proceeds of $27.5 million before expenses [1][2]. Company Overview - CapsoVision is a commercial-stage medical technology company focused on advanced imaging and AI technologies for capsule endoscopy solutions [1][4]. - The flagship product, CapsoCam Plus®, is a wire-free, panoramic capsule endoscope that provides high-resolution visualization of the small bowel [4]. - The company is developing a pipeline product, CapsoCam Colon, aimed at non-invasive colon imaging and polyp detection, with plans to expand across multiple gastrointestinal indications [4]. IPO Details - The shares began trading on the Nasdaq Capital Market under the ticker symbol "CV" on July 2, 2025 [1]. - The underwriters have a 30-day option to purchase an additional 825,000 shares at the IPO price [1]. - The offering was managed by The Benchmark Company, LLC and Roth Capital Partners [2]. Regulatory Information - A registration statement on Form S-1 was declared effective by the U.S. Securities and Exchange Commission (SEC) on July 1, 2025, allowing the offering to proceed [3].

Core Points - CapsoVision, Inc. has announced the pricing of its initial public offering (IPO) of 5,500,000 shares at $5.00 per share, with trading expected to begin on July 2, 2025 [1] - The offering is projected to generate gross proceeds of approximately $27.5 million before deducting underwriting discounts and commissions [2] - The company has granted underwriters a 30-day option to purchase an additional 825,000 shares at the IPO price [2] Company Overview - CapsoVision is a commercial-stage medical technology company focused on advanced imaging and AI technologies for capsule endoscopy solutions [1][4] - The flagship product, CapsoCam Plus®, is a wire-free capsule endoscope that provides high-resolution visualization of the small bowel [4] - The upcoming product, CapsoCam Colon, aims to facilitate non-invasive colon imaging and polyp detection, with plans to expand across various gastrointestinal indications [4]