Appyea, Inc. Reports Earnings Results for the Third Quarter Ended March 31, 2019
May 14, 2019 at 03:56 pm EDT
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AppYea, Inc. announced earnings results for the third quarter ended March 31, 2019. For the third quarter, the company announced total revenue was USD 92 compared to USD 11,799 a year ago. Operating loss was USD 37,988 compared to USD 124,569 a year ago. Net loss was USD 2.887 million compared to USD 397,089 a year ago. For the nine months, total revenue was USD 289 compared to USD 12,843 a year ago. Operating loss was USD 127,131 compared to USD 507,169 a year ago. Net loss was USD 2.698 million compared to USD 1.341 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.
APPYEA, INC. 
