StageZero Life Sciences Ltd T.SZLS

Alternate Symbol(s): SZLSF

Healthcare Biotechnology

StageZero Life Sciences, Ltd. is a Canada-based vertically integrated healthcare company. The Company is focused on improving the early detection and management of cancer and other chronic diseases through diagnostics telehealth programs. Its lead product, Aristotle, is a mRNA multi-cancer panel for simultaneously screening for multiple cancers from a single sample of blood with high sensitivity and specificity for each cancer. The Care Oncology Clinic offers a supervised treatment regimen for people diagnosed with cancer of any type or stage. AVRT is a physician-led, telehealth program for identifying and managing the early warning signs of cancer and chronic disease. Its program includes a comprehensive online health evaluation; bloodtests to measure markers of inflammation and metabolism; an initial physician consultation; regular physician follow-up appointments and interval screening. Its additional cancer diagnostics include ColonSentry and the Prostate Health Index.

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StageZero Life Sciences Ltd

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Post by davewhoon Jul 15, 2021 3:42pm

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Post# 33553668

CBDT

investors not liking their latest results very much.

Total revenues of $2,036,700 for Q1 2021 compared to Q1 2020 revenues $789,135, representing 258% year over year growth.
Loss from operations increased to $1,403,181 for Q1 2021 from $317,831 for Q1 2020, primarily driven by the increased corporate activity of the Company and acquisitions over the prior year which resulted increased costs.
Net loss of $25,213,556 or $0.11 per share compared to $524,208 or $0.00 per share for Q1 2020, which was primarily driven by a non-cash loss on the fair value adjustment related to the Company's warrants outstanding that were impacted by the significant appreciation of the Company's share price (a key input in determining the fair value).
Cash at March 31, 2021 was $6,286,942 which increased from cash of $4,889,824 at December 31, 2020, primarily driven by the proceeds generated on exercise of share purchase warrants.
Cash used in operating activities was $1,422,917, compared to cash provided of $13,864 for Q1 2020.