Rail Vision Ltd. reported its financial results for the first half ended June 30, 2025, on August 22, 2025. The company's revenue for H1 2025 was $237,000, representing a 69% decrease from $761,000 in the first half of 2024, primarily attributed to the timing of revenue recognition.
The GAAP net loss for H1 2025 improved to -$5.679 million, compared to -$24.324 million in H1 2024. However, the operating loss widened to $5.705 million in H1 2025 from $4.185 million in H1 2024, partly due to increased research and development expenses.
As of June 30, 2025, cash and cash equivalents increased to $22.4 million, up from $17.2 million at the end of 2024. This increase was fueled by $9.8 million in gross proceeds from equity line programs, at-the-market sales, and warrant exercises, strengthening the company's balance sheet.
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