Novint Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 09:43 pm
Share
Novint Technologies, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net loss was USD 0.036456 million compared to USD 0.027211 million a year ago.
For the nine months, net loss was USD 0.122628 million compared to USD 0.112073 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.