Novint Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 04:16 pm EDT
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Novint Technologies, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was USD 0.036858 million compared to USD 0.037358 million a year ago.
For the six months, net loss was USD 0.086172 million compared to USD 0.084862 million a year ago.
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.