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Movano (MOVE) investor relations material

Movano Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary23 Sep, 2025

Executive summary

  • Revenue for Q2 2025 was $0.1 million, with a net loss of $3.2 million, reflecting ongoing commercialization of the Evie Ring and continued R&D investments.

  • Operating expenses decreased 47% year-over-year, driven by lower R&D and SG&A costs.

  • Cash and cash equivalents were $2.1 million as of June 30, 2025, with a subsequent $1.5 million bridge loan obtained in August 2025.

  • The company is exploring strategic alternatives to maximize shareholder value, including potential transactions or partnerships.

Financial highlights

  • Q2 2025 revenue: $0.1 million (vs. $0 in Q2 2024); six-month revenue: $0.3 million (down 64% year-over-year).

  • Net loss for Q2 2025: $3.2 million (improved from $6.2 million in Q2 2024); six-month net loss: $8.4 million (improved from $11.9 million in 2024).

  • Operating expenses for Q2 2025: $3.4 million (down from $6.4 million in Q2 2024).

  • Cash used in operations for the first half of 2025: $7.4 million (vs. $12.3 million in 2024).

Outlook and guidance

  • Cash on hand and recent bridge financing are not expected to fund operations beyond 2025; additional capital is required.

  • Management expects continued net losses and negative cash flows as R&D and commercialization efforts persist.

  • The company is actively seeking financing options, including equity, debt, or strategic partnerships.

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Frequently asked questions

Movano Inc., operating as Movano Health, is a health technology company that focuses on creating wearable devices designed to monitor and manage health conditions. The company's flagship product, the Evie Ring, is a smart wearable specifically targeted at women. It tracks a wide range of health and wellness metrics, including heart rate, blood oxygen levels, respiration, skin temperature, sleep patterns, menstrual cycle, and more. Movano is also developing technology for continuous glucose monitoring (CGM) and non-invasive blood pressure measurement, utilizing its proprietary System-on-a-Chip (SoC) solutions. The company is based in Pleasanton, California, and its shares are listed on the NASDAQ.

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