Appyea, Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2018
February 19, 2019 at 02:52 pm EST
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AppYea, Inc. announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced sales was USD 119 compared to USD 110 a year ago. Operating loss was USD 44,903 compared to USD 210,660 a year ago. Net income was USD 407,055 compared to net loss of USD 537,511 a year ago. For the half year, sales was USD 197 compared to USD 1,044 a year ago. Operating loss was USD 89,143 compared to USD 382,600 a year ago. Net income was USD 189,479 compared to net loss of USD 944,144 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.