Vivos Therapeutics Reports Q1 2025: Product Revenue Up 8%, Gross Profit and Margin Decline Due to Shift in Business Model

Reuters
05-16
<a href="https://laohu8.com/S/VVOS">Vivos Therapeutics</a> Reports Q1 2025: Product Revenue Up 8%, Gross Profit and Margin Decline Due to Shift in Business Model

Vivos Therapeutics Inc., a medical device and technology company specializing in treatments for sleep-related breathing disorders, released its financial results for the first quarter ended March 31, 2025. The company reported an 8% year-over-year increase in product revenue, reflecting its shift towards a new marketing and distribution model. This change is part of Vivos' strategy to move away from legacy Vivos Integrated Provider $(VIP)$ fee revenue and focus on direct sales of its FDA-cleared obstructive sleep apnea treatments. Operating expenses decreased by 5% to $5.4 million, compared to $5.7 million in the same period a year ago, due to cost-cutting measures in sales, marketing, and general administrative costs. Despite these reductions, the company's net loss for the first quarter increased by 3% to $3.9 million, compared with a net loss of $3.8 million in the first quarter of 2024. Vivos sold 3,736 oral appliance arches in the first quarter of 2025, generating approximately $1.8 million in revenue. This compares to 1,996 arches sold in the same period of 2024, with revenue of $1.7 million. The increased sales volume was, in part, due to a higher number of lower-priced guide sales. The company also highlighted its pending acquisition of The Sleep Center of Nevada, which is a key component of its strategy to build strategic alliances and potentially acquire other sleep-focused medical practices. At the end of the first quarter, Vivos reported cash and cash equivalents of $2.3 million and stockholders' equity of $4.4 million. The company aims to continue this strategic pivot to enhance revenue growth and manage cash burn effectively.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vivos Therapeutics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-011084), on May 15, 2025, and is solely responsible for the information contained therein.

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