IRRAS publishes Interim Report for the period April to June 2023
Sales during the second quarter of 2023 finished slightly above the same period during the previous year. During the quarter, the company continued its efforts to increase its cash position and initiated efforts to decrease the quarterly cash burn. Despite these steps, the company’s current cash runway has become extremely limited, and the long-term financing plan needs to be secured imminently to fully secure ongoing operations.Second quarter, April – June 2023 Net revenue amounted to 10.3 MSEK (9.7). Operating loss (EBIT) amounted to -40.5 MSEK (-35.8). Loss after tax amounted