Novint Technologies, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 10:17 pm
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Novint Technologies, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 460 compared to USD 0 a year ago. Operating loss was USD 37,306 compared to USD 31,510 a year ago. Net loss was USD 37,358 compared to USD 31,570 a year ago. For the half year, sales was USD 1,655 compared to USD 1,000 a year ago. Operating loss was USD 84,757 compared to USD 81,798 a year ago. Net loss was USD 84,862 compared to USD 81,964 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.