Baudax Bio, Inc. reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was USD 0.31 million compared to USD 0.4 million a year ago. Net loss was USD 9.25 million compared to net income of USD 29.43 million a year ago.

Basic loss per share from continuing operations was USD 12.33 compared to basic earnings per share from continuing operations of USD 486.26 a year ago. Diluted loss per share from continuing operations was USD 12.33 compared to diluted earnings per share from continuing operations of USD 437.19 a year ago.