Appyea, Inc. Reports Earnings Results for the Full Year Ended June 30, 2019
October 18, 2019 at 05:25 pm EDT
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AppYea, Inc. announced earnings results for the full year ended June 30, 2019. For the full year, the company announced total revenue was USD 345 compared to USD 4,249 a year ago. Operating loss was USD 163,913 compared to USD 632,113 a year ago. Net loss was USD 1.064 million compared to USD 1.994 million a year ago.
AppYea, Inc. is a digital health company, which is focused on the development of accurate wearable monitoring solutions to treat sleep apnea and snoring and fundamentally improve quality of life. The Companyâs business plan focuses on two principal devices and an App in development: DreamIT and DreamIT PRO, and SleepX PRO. DreamIT is a biofeedback snoring treatment wristband, combined with the SleepX App and this wristband uses algorithms designed by SleepX combined with sensors to monitor physiological parameters during sleep. DreamIT PRO is a wristband for the treatment of sleep apnea using biofeedback in combination with the SleepX PRO app. The algorithms of SleepX PRO, combined with the wristband sensors, monitor sleep apnea events and additional physiological parameters during sleep, and when necessary. SleepX PRO is a medical application that is used to monitor breathing patterns in sleep and identify sleep apnea episodes without direct contact with the user.