BRTX - What's Going On With BioRestorative Therapies Stock? | Benzinga
BioRestorative Therapies, Inc. (NASDAQ:BRTX) shares are trading higher Monday after the company announced it has received notice from the Nasdaq Stock Market that it has regained compliance with listing requirements.
The Details:
BioRestorative Therapies reported a net loss for the first quarter of $2.2 million, or 33 cents per share, compared to a net loss of $7.2 million, or $1.93 per share, from the same period last year. The company reported a loss from operations of $4.1 million, a 29% improvement from the $5.8 million loss from operations for the comparable period of 2023.
The company also reported it ended the first quarter with cash, cash equivalents, and investments held in marketable securities of $16.4 million.
BioRestorative Therapies shares are moving on heavy trading volume Monday following the announcement. According to ...