Dror Ortho-Design, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 20, 2023 at 05:27 pm EST
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Dror Ortho-Design, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was USD 0.553536 million compared to USD 0.284026 million a year ago.
For the nine months, net loss was USD 1.3 million compared to USD 1.1 million a year ago. Basic loss per share from continuing operations was USD 0.01.
Dror Ortho-Design, Inc. has developed an artificial intelligence (AI)-based platform (the Platform) to correct people's smiles. The Platform uses only one smart aligner to gently move teeth into their optimum position with pulsating air while the patient is sleeping or at home. Its Platform is optimized to correct malocclusions that relate to the social six. Its Platform consists of three primary components: Aerodentis smartphone application, Aerodentis AI Cloud, and the smart aligner system. The Aerodentis smartphone application allows patients to make a video of their smile and teeth and upload the video to the Aerodentis AI Cloud. The Aerodentis AI Cloud is used to perform analytics and manage patient treatment plans. The smart aligner system consists of a base control unit containing the pump and the Internet of Things (IoT) components and a smart aligner containing the micro-balloon that gently pushes teeth into their intended final position using pulsating air.
DROR ORTHO-DESIGN, INC. 
