Aug. 11 at 9:54 PM
$NRXS Cash burn increases in H2 accrording CEO. He told that they will be profitable some time after major coverage wins. So lets say Q2 2027. Ramp up is slow bc hospitals have that 70% threshold.
When he told that cash burn increases i knew immediately that Q3/Q4 revenue wont be much. Slow ramp ahead.
22 new accounts more in Q2 than Q1.
I think they wont get any new coverage by September. Maybe in December or in Q1 2027.
I think this is 2027 story. This year i dont expect much. My earlier PT
$10 for this year might be too high.
Commentary about timing of new coverage was disappointing⬇️i will be back after coverage win. Amazing long-term hold, not sure about near-term.
