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GlobeNewswire·

Nanox Provides Business Update and Furnishes Certain Preliminary Unaudited Financial Data for Third Quarter Ended September 30, 2026

NNOX
  • Nanox Imaging provided a business update & preliminary unaudited financial data for the third quarter ended September 30, 2026.
  • Nanox.AI entered a distribution agreement with Tecnologie Avanzate to commercialize its Bone Solution in Italy.
  • The Nanox.ARC X system was selected as one of TIME's Best Inventions of 2026.
  • Preliminary revenue for the quarter is estimated at $4.3 to $4.4 million, up from $3.4 million in the same period in 2025.
  • Teleradiology services generated approximately $3.1 million in revenue, matching the prior year's figure.
  • Revenue from imaging system sales & OEM services totaled approximately $0.3 million, an increase from $0.2 million due to a new Nanox.ARC CapEx agreement.
  • AI & software solution revenue reached $1.0 million, a significant increase from $0.1 million driven by the consolidation of Nanox Health IT Inc.
  • Cash, cash equivalents, & deposits were approximately $26.0 million as of September 30, 2026, down from $60.0 million at the end of 2025.
  • Management states that current cash reserves are insufficient to support operations for at least one year, raising substantial doubt about the company's ability to continue as a going concern.
  • The company warns that inability to raise additional funds could force delays or reductions in product development & commercialization efforts.
  • The press release includes extensive forward-looking statements & risk factors regarding financial results, liquidity, regulatory approvals, & geopolitical conflicts.