Beamr Imaging Ltd. issued its Annual CEO Letter to Shareholders on March 4, 2025, highlighting achievements in 2024 and outlining the strategy for 2025. The company reported annual revenue of $3.06 million for 2024, an increase from $2.86 million in 2022.
Research and Development expenses increased to $2.89 million in 2024 from $2.06 million in 2022, reflecting continued investment in innovation. Selling, General, and Administrative expenses also grew to $3.12 million in 2024 from $1.71 million in 2022.
As of December 31, 2024, Beamr maintained a strong liquidity position with $16.48 million in cash and cash equivalents, a significant increase from $6.12 million in 2023. The company also reported total debt of $250,000 in 2024, indicating minimal financial leverage.
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