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Akili (AKLI) Stock News, Feb-Jul 2023

AKLI NASDAQ
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4.46%
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Akili, Inc. (NASDAQ: AKLI) will conduct a conference call and webcast to discuss its financial and operational results for Q1 2023 on May 11, 2023, at 4:30 p.m. ET. The event will be accessible via www.akiliinteractive.com under the Investor Relations section. Investors can join by calling 888-575-5163 (toll-free) or 416-764-8620 (international), referencing “Akili Q1 2023 Earnings.” Akili is at the forefront of digital medicine, focusing on innovative cognitive treatments through engaging video game experiences, validated by clinical trials. Their unique platform aims to address cognitive impairments with enhanced user experiences.

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Akili, Inc. (AKLI) reported significant growth in EndeavorRx prescriptions, with a 37% increase in Q4 2022 over Q3 2022 and a 166% increase in FY 2022 over FY 2021. The company plans to expand its sales force and pursue an FDA label expansion for older children with ADHD. Financial highlights show a net loss of $8.0 million for FY 2022, a reduction compared to the previous year, while total revenues decreased to $323,000. Akili reaffirms non-GAAP operating expenses for FY 2023 at $55M - $60M and expects a cash runway into Q1 2025, bolstered by a cash position of $136.1 million as of Dec 31, 2022.

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Akili, Inc. (Nasdaq: AKLI) announced a conference call and webcast to discuss its Q4 2022 and full year 2022 financial results on March 7, 2023, at 4:30 p.m. ET. Investors can access the live audio on the company's website. Akili is focused on developing cognitive treatments through digital technologies that engage users via video game experiences, targeting cognitive impairment.

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Akili, Inc. (Nasdaq: AKLI), a pioneer in digital medicine, will participate in the Cowen 43rd Annual Health Care Conference in Boston on March 8. Highlights include a panel discussion with Scott Kollins, Chief Medical Officer, at 8 AM on prescription digital therapeutics and a 9:50 AM fireside chat featuring Co-Founder and CEO Eddie Martucci along with President Matt Franklin. The company will engage with investors throughout the day. Akili is noted for its innovative treatments targeting cognitive impairments through engaging video game experiences, supported by rigorous clinical research.

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FAQ

What is the current stock price of Akili (AKLI)?

Akili (AKLI) last closed at $0.432.