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Nano-X Imaging (NNOX) investor relations material

Nano-X Imaging Sidoti's Year End Virtual Investor Conference summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Sidoti's Year End Virtual Investor Conference summary10 Dec, 2025

Business updates and product innovation

  • Launched Nanox.ARC X, a mobile, plug-and-play 3D tomosynthesis imaging system with FDA and CE clearance, targeting U.S. and EU markets.

  • ARC X offers lower radiation, smaller footprint, and enhanced software, supporting both 2D and 3D imaging.

  • AI solutions for chest, bone, and liver imaging are FDA and CE cleared, focusing on early disease detection and preventative care.

  • Teleradiology services and OEM business expand reach, with proprietary cold cathode tube technology produced in Korea and partnerships for glass tubes.

  • Commercial deployment underway in 8-9 U.S. states and EU, with direct sales and distributor channels.

Financial highlights and commercialization

  • Q3 2025 cash and equivalents at $55M, with an additional $50M raised recently; shareholders' equity at $156M.

  • Q3 2025 revenue reached $3.5M, with 71.9M shares fully diluted.

  • Announced $15M registered direct offering to support commercialization and expansion.

  • Pay-per-use and CapEx models offered, with reimbursement rates of $90-$110 per scan and operator cost as low as $30 per scan.

  • Mass production of ARC X to accelerate in Thailand by 2026.

Market reception and strategic direction

  • Strong interest and positive reception for ARC X and AI tools at RSNA, the largest North American radiology conference.

  • Focus shifting from R&D to commercialization, aiming for profitability and shareholder value.

  • AI tools integrated with PACS, targeting hospitals, clinics, and pharma, with B2B2C models showing early monetization.

  • Clinical collaborations and partnerships, including with 3DR Labs and Spectrum Health, support adoption and data accumulation.

  • Regulatory approvals in the U.S., EU, Israel, and Ghana, with ongoing clinical data collection to enhance offerings.

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Frequently asked questions

Nano-X Imaging Ltd., a development-stage company, develops, produces, and commercializes digital X-ray source technology for the medical imaging industry worldwide. The Company's technology is a platform for inexpensive, high-speed, highly sensitive x-ray detectors and imagers that enable lower operating costs and reduced exposure to ionizing radiation compared to existing technologies.

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