Earnings ·
Nanox reports Q3 revenue of $4.3M-$4.4M, warns of going concern risk as cash drops to $26M
NNOXNano-X Imaging Ltd.
Nano-X Imaging reported preliminary unaudited third-quarter revenue of approximately $4.3 million to $4.4 million for the period ended September 30, 2026, up from $3.4 million in the prior-year quarter. Revenue growth was driven by a surge in AI and software solutions to $1.0 million, following the consolidation of Nanox Health IT Inc., while teleradiology revenue remained flat at $3.1 million. The company’s cash position declined significantly to approximately $26.0 million from $60.0 million at year-end 2025. Management stated that current liquidity is insufficient to support operations for the next twelve months, raising substantial doubt about its ability to continue as a going concern and noting potential risks to product development or commercialization efforts if additional capital cannot be raised. Nano-X Imaging Ltd. operates in the medical imaging technology sector, providing integrated hardware, AI-based diagnostic solutions, and teleradiology services.