EKSO most likely will issue new stock in next 6-9 months.
In earnings report, inventory grew *50% and this was not explained as to what that was.
Medical devices sold ^50%
spending more in R&D . . . could be equated to inventory buildup?
cost of medical devices is increasing (I find that puzzling, unless 'complications thereof)?
Gross profit up (we really should be able to lower manufacturing costs/unit now?
Sales and Marketing ^
operating expense ^
Studied RXB stock symbol, they are priced at 57.50 GBP = Rex Bionics NZ company bot by union Med tech Plc. Their suit lasts about 2 hours on continuous use mode. And, they are experimenting with mind control for their medical use suit. Their
suit is bulkier in size. There was (or to be) 2015 Meeting of Robotics Science and Systems in Rome Italy. Did EKSO attend?
Also . . . Touch Bionics [TOBP.L] sell arm/hand user robotic substitute limbs for *$90,125K each. USA sold
EKSO needing to do some visits to other companies and Makers Indies.
EKSO is long range hold and we do need private party (like Goggle) to help finance us. Your telling me EKSO sales force can't take a tech with them and travel around each state to hospitals and rehab user groups and demo this suit? Hire a grant writer EKSO or go out of business soon? AMZN, Goggle, MSFT, GE, LMT . . . we can't find more funding? Go partner with Japan, they NEED more civilian worker robotics ASAP in medical and industrial and military forces use! Contact their Prime Minister office directly. USA is too dumb to see the future. Hopeless.
