Detail akcie Meta Materials Rg-B online

Business Summary: Meta Materials Inc. is an advanced materials and nanotechnology company. The Company operates through three business lines: Photonic Material, Electro-Optics, and Battery Materials. The Photonic Material segment offers KolourOptik and LumaChrome. The Electro-Optics offers a wide area motion imagery platform, VLEPSIS, which deploys both proprietary hardware and artificial intelligence (AI) to monitor hundreds of objects/locations simultaneously. Applications for this technology include security and surveillance, border monitoring, search and rescue, traffic management, and novel smart city sensing, among others. Battery Materials includes NCORE, a current collector and NPORE, a battery separator. The battery technology serves the hybrid and electric vehicle (EV) space applications. The Company is also exploring partnerships with a number of battery companies with a target of broad-scale commercialization.
Financial Summary: BRIEF: For the nine months ended 30 September 2023, Meta Materials Inc revenues decreased 36% to $5.6M. Net loss increased from $63.9M to $321.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Selling & Marketing - Balancing value increase of 5% to $3.2M (expense), Stock-based Compensation in SGA increase of 12% to $194K (expense).