Industrial Nanotech, Inc. revised revenue guidance for the second quarter 2022. for, the quarter, The company will not exceed $6 million as company hoped. It is expected that revenue for this current quarter will be closer to $5 million.

Additionally, The company expects to grow to quarterly revenue of $16 million or $64 million annualized, by the final quarter of 2022, which is one-third less than originally projected.