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0.0108720795743697 0.0208188757807079 0.247513300948416 0.0652324774462179 -0.125375896368263 -0.118436271108027 -0.0793430488086977 -0.0969234328012954
Stock impact report

Ontrak Announces 2023 Fourth Quarter and Year End Financial Results

Ontrak, Inc. (OTRK) 
Company Research Source: Business Wire
Q4 Revenue of $3.5 million, up 41% year over year; and Full Year Revenue of $12.7 million, down 12% year over yearQ4 operating loss of $5.2 million, a 35% improvement year over year; and Full Year operating loss of $21.1 million, a 52% improvement year over yearCompany expands its services to a larger commercial population as well as eligible self-insured groups with a health plan customerCompany completes equity financing transaction, raising approximately $5.3 million, net in a public offering and completes $16.3 million conversion of secured notesCompany completes amendment to its master note purchase agreement, which makes available up to $15.0 million of borrowing capacity under senior secured convertible promissory notesCompany receives $1.9 million of cash proceeds from the exercise of Public Offering Warrants by certain holders thereof for a total of 5,166,664 shares of the Company's common stockCompany to Host Conference Call at 4:30 pm ET Today MIAMI--(BUSINESS WIRE)--Ont Show less Read more
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