Appyea, Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2019
February 27, 2020 at 06:10 am EST
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AppYea, Inc. announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was USD 68 compared to USD 119 a year ago. Operating loss was USD 49,609 compared to USD 44,903 a year ago. Net loss was USD 245,563 compared to net income of USD 407,055 a year ago. For the half year, sales was USD 203 compared to USD 197 a year ago. Operating loss was USD 104,773 compared to USD 89,143 a year ago. Net loss was USD 333,022 compared to net income of USD 189,479 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.